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FE Global Electronics

FE Global Electronics improves profitability with QlikView

Bedrijfsprofiel

Regio: Singapore
Omzet: >$1B
Bedrijfstak: Groot en detailhandel
Functie: Finance, Sales, Supply Chain

“Using QlikView put our company in a stronger cash position.” Mr. Chow Kek Tong, Chief Financial Officer, FE Global Electronics

Background

  • Leading electronic components distributor in the pan-Asia region spanning 10 countries with more than 45 regional offices
  • Headquartered in Singapore
  • Achieved ~ $1 billion in revenue with 750 employees

Challenges

  • Broad distribution coverage makes timely information critical yet hard to centralize in one easily accessible system
  • Multiple, disparate systems including an aging legacy system make data consolidation treacherous\
  • Manual data reconciliation stealing precious time from company operations

Solution

  • Deployed QlikView to 25 users across 3 functions throughout 10 countries in Asia:
  • Sales Analysis: Analyze top revenue customers, profitable customers, best-selling items, and sales pipeline analysis
  • Supply Chain Analysis: Track and manage aging inventory, identify and manage demand and consumption patterns and manage obsolescence; identify inventory issues before it impacts customers
  • Financial Analysis: Monitor account receivables, track overdue customers by 30/60/90 etc days, and assess currency exchange exposure
  • Leveraged QlikView Server and Connector to unlock invaluable data from SAP and multiple legacy systems to achieve a real time view of operational performance

Benefits

  • Improved management decision making with consolidated key performance indicators at managers’ fingertips
  • Improved accounts receivable and decreased aging receivables by 20%, strengthening cash flow and reducing bad debt
  • Increased sales success with in-depth customer insight drawn from data across multiple systems
  • Enhanced inventory management with 15% reduction in inventory as a result of better information sharing

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