Hendrick Motorsports implements Asset Management solution to track inventory and car components, monitor performance reliability, optimize performance and reduce costs.
- Integrate Microsoft’s Business Solutions- Dynamics SL financial program into a single, compatible system to manage inventory, track parts usage, and maintain a historical profile of car performance within 4 months
- Coordinating information across 6 warehouses that are operated as independent entities
- Tracking usage of approximately 150 components on each car
- Getting the system up and running within four months
- Multi-site asset management capabilities
tracksinventory in all six warehouses
- Reduced cash outlay for inventory saves $400,000
- Saved $1,000,000 through reduced inventory by consolidating warehouse management
- Reduced overhead for single instance,
multifacilitymanagement and saved $65,000
- Integration with existing business and financial operations resulted in $100,000 savings
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