Horseware Ireland, a leading manufacturer of turnout rugs, riding clothing and accessories, has run a performance management assessment of its business before upgrading to its latest supply chain system.
The firm used Lawson Software to conduct a value assessment of its business using Lawson Opportunity Analyzer. Opportunity Analyzer is a strategic enterprise performance management tool that enabled Horseware to set practical business performance targets.
Opportunity Analyzer identifies quantified financial and non-financial gains before a customer decides whether to upgrade to the Lawson M3 7.1 suite, Lawson's latest supply chain offering.
An existing customer of Lawson since 2002, Horseware Ireland had experienced wide business growth in both Europe and the US, relying on a supply chain stretching from the Far East to Ireland and the US.
The company felt that it was the right time to reassess its existing infrastructure to see if and how an upgrade could help increase revenues, reduce operating costs or improve its use of working capital.
Lawson Opportunity Analyzer delivered a "living blueprint" to Horseware, identifying key best practices, and untapped time and money saving opportunities to improve sales and back-office efficiency.
Aidan Gaughran, financial controller at Horseware Ireland, said, "Undergoing a value assessment using the Opportunity Analyzer tool allowed us to see the value a software upgrade could potentially add when we are ready to re-invest.
"It was invaluable in helping us identify best practice, especially following our growth over the past few years. When putting in place these best practices, we anticipate our business to become stronger, more robust and future proof."