Informatica Corp. announced that leading paint manufacturer, Asian Paints has implemented its data integration software solution, Informatica PowerCenter to create a unified product costing system.
Informatica claims that its solution has helped Asian Paints to slash the time required to run its costing module from 24 hours to 20 minutes effectively resulting in a 99% reduction in time.
“The new product costing system, based on Informatica, has transformed our operational efficiency,” said Maulik Desai, senior manager system development, Asian Paints. “With the Informatica Platform, Asian Paints has been able to achieve a degree of flexibility we used to dream of, greatly increasing our pricing accuracy. For example, if there is a change in the price of one of the raw materials, we can immediately see its impact on the selling price of the paint. We can play around with an infinite number of ‘what if?’ scenarios.”
“Asian Paints illustrates how innovative organizations find fresh uses for timely, trusted data,” said Girish Pancha, executive vice president, Data Integration, Informatica.