Thursday, March 29, 2018

Automotive supplier Millat Equipment Limited selects IFS Applications 9 to streamline operations and increase efficiencies

Millat Equipment Limited

Pakistan’s leading producer of high-quality transmission gears to implement IFS Applications to manage engineering, production planning, production, sales, supply chain and finance

IFS, the global enterprise applications company, announces that Millat Equipment Limited (MEL), a subsidiary of Millat Group of Pakistan, has signed a contract to implement IFS Applications™ 9 to increase efficiencies in engineering and production processes while improving inventory and sales planning.

IFS Applications will empower MEL to efficiently manage its production planning, which is a key factor of the business. The IFS solution will provide MEL with the ability to seamlessly integrate all aspects of the company’s production process with its back-end finance, administration, and HR processes. MEL will be integrating data and transactions with Millat Tractors Limited, its main customer.

“We are impressed with the capabilities of IFS Applications and its intuitive user interface will help our users to adapt and use the system very quickly. IFS Applications has been very effective for our parent company, which encouraged us to change the legacy home grown systems that we have been using for years,” said Millat Equipment Limited CEO, Mr Ahsan Imran Shaikh. "We look forward to a rapid implementation, which will be carried out by IFS partner Millat IFS Business unit, as well as a long and fruitful collaboration with IFS.”

Mr. Poorna, Country Director for IFS in Pakistan, added, ‘’It is with pleasure that we embark on this implementation project together with Millat Equipments Limited in Pakistan. We are confident that IFS’s technology will bring about great improvements in efficiency, as well as greater visibility and integrity throughout the company’s operations. IFS fully understands the business challenges associated with such a large-scale implementation and our team has extensive experience in working with clients in the automotive sector. With our expertise and best practices we look forward to delivering an outstanding solution that will meet the high standards of Millat Equipments Limited.”

For more information about how IFS supports companies in the automotiove industry, please visit: www.ifsworld.com/corp/industries/automotive/.

About Millat Equipments Limited

Millat Equipment Limited (MEL) is a part of Millat Group. Millat Equipment Limited is one of the leading manufacturing organizations in Pakistan producing high quality transmission gears. The company acquired Gear manufacturing setup from M/S ACGO LIMITED – UK (owners of the Massey Ferguson brand of tractors) with an understanding to buy back the transmission components after meeting the local requirement of AGCO Licensee in Pakistan – (M/S Millat Tractors Limited). Millat Equipment Limited is equipped with complete in-house gear manufacturing facility supported by state of the art inspection and testing equipment to assure quality as per standards. For more information, visit: www.millatgears.com

About IFS

IFS™ develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with commitment to our customers, has made us a recognized leader and the most recommended supplier in our sector. Our team of 3,500 employees supports more than ten thousand customers worldwide from a network of local offices and through our growing ecosystem of partners. For more information, visit: IFSworld.com

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