Company profile

HPS Asia Limited is a hydraulic cylinder manufacturer dedicated to the research, development, and production of a wide range of hydraulic cylinder products. The company also offers fittings and lifting rings to its customers.

Since 2011, Falinwa has assisted HPS Asia in organizing its finance, production, and overall business operations, providing comprehensive support to allow the company to focus on its core competency—the sale and production of hydraulic cylinders. Falinwa's mission includes providing outsourced finance and information system direction, ERP integration, financial management, human resources, business intelligence, and strategy development.

Industry: Manufacturing (Hydraulic Cylinders)

Team Size:  500-2000 Employees globally

Hosting: On-Premise

Locations: 10+ countries including China, France, India

Product SKUs: 40,000+ configurable items

Challenges Faced

HPS GmbH faced significant operational complexities across their manufacturing and trading operations:

• Global Entity Management: Multiple legal entities with complex consolidation requirements
• Localization Challenges: Multi-currency, multi-language operations across 10+ countries
• Product Complexity: 40,000+ SKUs with highly configurable designs
• BOM Management: Frequent updates to complex Bills of Materials
• Budget Control: Difficulty tracking budgets across numerous entities
• Continuous Improvement: With the Fast growing of the Group, organization changing and business extension requires a growing system and integrator to support.

Odoo Implementation

Key Features Implemented

• Manufacturing: Advanced BOM management for high customization product production, precision control for hydraulic cylinder production
• Trading: Integrated inventory for 40,000+ items
• Localization: 10+ country-specific implementations
• Multi-Entity Accounting: Real-time consolidation of all legal entities
• Global Procurement: A running Planning based on Realtime production plan
• Financial Services: Advanced accounting services since Odoo v7 (OpenERP 7.0), Multi-company consolidation and reporting
• Standardized library of Module: 500+ Cluedoo modules to improve the user experience, industry complexity

Business Benefits

Strategic Benefits

• Single source of truth for all manufacturing and trading operations
• Real-time visibility across 10+ countries and all entities
• Standardized processes with local flexibility
• Scalable platform supporting continued global expansion
• Future-proof foundation with continuous Odoo upgrades with Cleudoo modules.

Long-Term Partnership

• HPS GmbH's journey with Odoo began with version 7 (formerly OpenERP) and has evolved into a comprehensive enterprise solution. Our ongoing partnership continues to deliver value as their business grows and transforms in the industrial automation sector.

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