i2 Technologies Inc., a provider of value chain management solutions, announced that Hitachi, Ltd. has gone live with the i2 Supplier Relationship Management (SRM) solution for parts standardization across six divisions of the Information Business Group of the company.
Using i2 Product Sourcing, Hitachi has deployed a system called Global Parts Selection System (GPSS) to promote the selection of standardized parts across all products. According to Hitachi, the company chose i2 SRM because it was the only solution capable of large-scale part and supplier management, including a sophisticated search engine that forms the foundation of this system, as well as the analysis capabilities critical to effective standardization of parts across a large global enterprise.
"As part of the overall program, the Procurement Renewal Project is already helping to significantly reduce material costs. GPSS centralizes part control over a number of divisions and provides a process where the price of parts, usage volumes, quality levels, and the frequency of standard parts reuse can be retrieved in real time," said Koichi Kunimasa, chief innovation officer & chief promot (E2open Promotion Center), Business Process Innovation Division of Information Business Group, Hitachi, Ltd. "We are pleased that the project was completed in a record four months, and that we have already started seeing the benefits."
The six divisions under Hitachi's Information Business Group purchase a large volume of parts, and also have a major influence on other business groups within the company. The company reports that the successful i2 SRM implementation should benefit other divisions of Hitachi through increased speed of new design development and leveraged volumes across all sites, as the solution is adopted.
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