Sage > Case Studies > Wiseco Piston Boosts Performance With Sage 500 ERP

Wiseco Piston Boosts Performance With Sage 500 ERP

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Customer Company Size
Mid-size Company
Region
  • America
Country
  • United States
Product
  • Sage 500 ERP
Tech Stack
  • Sage 500 ERP Advanced Manufacturing module
  • Multicurrency Management module
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Productivity Improvements
  • Cost Savings
Technology Category
  • Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries
  • Automotive
Applicable Functions
  • Discrete Manufacturing
Use Cases
  • Manufacturing System Automation
  • Inventory Management
Services
  • System Integration
About The Customer
Wiseco Piston, Inc. is a world leader in high-performance aftermarket pistons. The company supplies NASCAR, AMA Racing, NHRA Drag Racing, motorcycle, snowmobile, personal watercraft, and even vintage aircraft racers around the globe. The company prides itself in being on the cutting edge in everything it does. Wiseco Piston, Inc. is based in Mentor, Ohio and has three locations. The company has 285 employees.
The Challenge
Wiseco Piston, Inc., a world leader in high-performance aftermarket pistons, was using a proprietary business software that predated PC technology. The software was not integrated, could not provide up-to-date reports, and prevented offering online services. The company was in need of a system that was designed for midsized companies, addressed manufacturing and distribution operations, and was backed by a respected name. The company also needed a system that could help it comply with Sarbanes-Oxley regulations.
The Solution
Wiseco Piston, Inc. selected Sage 500 ERP as the best fit for their needs. The company now relies on Sage 500 ERP to track incoming raw materials, manage inventory, print pick tickets, maintain bills of materials, prepare shipments, create invoices, process payables, manage fixed assets, oversee human resources, convert foreign currency transactions, and even organize returned merchandise processing. Inventory items are scanned at the beginning and end of the manufacturing process using the Sage 500 ERP Advanced Manufacturing module and its bar-coding capabilities. The system is used to create a wide array of financial reports, including income availability and on-time delivery.
Operational Impact
  • Sage 500 ERP has improved traceability of materials, providing real-time inventory and exact knowledge of what is on the shop floor.
  • The improved routing of bill of materials has significantly reduced scrap caused by BOM errors.
  • The system's reporting capabilities have allowed Wiseco to trim their monthly closing cycle from five days to two-and-a-half.
  • The system has made the company's employees more self-sufficient in data analysis and freed up time for IT staffers.
Quantitative Benefit
  • Reduced the time to close month-end books by half.
  • Significantly reduced scrap caused by BOM errors.

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