Honda Trading Group logo
Honda Trading (HT) has operations in 60 bases in 23 countries and regions. HT leverages the total power of the Honda Trading Group, engaged in various businesses, from the supply of raw materials and equipment to recycling.
The Honda Trading Group has been expanding its network with customers around the world and reached 1 trillion yen of consolidated sales for 3 fiscal years.

CHALLENGE

  • Need to upgrade to SAP S/4 HANA solution
  • Must consolidate diverse financial areas
  • Need to synchronize with dependent systems
  • Overall improved performance

SOLUTION

  • Implemented FICO solution with treasury, cash management, payments using bank communication manager (BCM) and bank reconciliation
  • Blueprinting, straight-through processing design with multiple banks, creating test scenarios for unit and user acceptance testing, creating training documentation, delivering user training and go live support in Americas
  • Design and delivery of the SAP solution.

THE BRIEF

  • Deploy S/4HANA 1610 Model Company green field implementation for trading company with outsourced manufacturing processes
  • Implement RDS for SAP REP foundation v3.607, collections and dispute management, TRM, FCDM, Extended Financial Planning, IBP (demand planning), Invoice Management with Open Text, MDG for Materials, and BI adoption
  • Develop Data in Hub for Data Migration approach and Process Orchestration with AIF for integration

BENEFITS

  • Reduced Financial Cycles through Cost/Profit Center consolidations
  • Significant improvement in EOM closing timeline
  • Enabled real-time financial data visualizations
  • Streamlined Purchasing/Sales Contract to Invoicing
  • Provided more insights to inventory management
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