Within one year, Komatsu achieved an impressive 20x return on investment (ROI), demonstrating the power of digital transformation and no-code/low-code.
In today’s fast-paced manufacturing industry, inventory management is a crucial factor in determining the success and profitability of any company. Businesses must keep up with the rapid digitalization that’s transforming the manufacturing landscape, which can pose significant challenges for organizations. PT Komatsu Marketing and Support Indonesia (Komatsu), a leading manufacturer of heavy equipment under the Komatsu global brand, found themselves grappling with these challenges, threatening to undermine their efficiency and bottom line.
As digitalization continues to disrupt traditional processes and reshape the manufacturing sector, companies like Komatsu must stay ahead of the curve by adopting innovative technologies and streamlining their operations. This is the story of how Komatsu, with the help of Joget partner ITAsoft, turned to the Joget DX no-code/low-code platform for an innovative solution. The platform didn’t just address their inventory management challenges; it also dramatically improved their bottom line. Within one year, Komatsu achieved an impressive 20x return on investment (ROI), demonstrating the power of digital transformation.
Losing Track of Valuable Assets With Outdated System
As a full-scale heavy equipment manufacturer, Komatsu’s product lineup spans bulldozers, dump trucks, hydraulic excavators, and more. Managing such a diverse and complex inventory of assets, components, and related supplies is no small feat. Komatsu relied on a manual method of tracking stock availability, quantity, status, and locations, which had grown increasingly cumbersome and time-consuming as the business expanded. The outdated system struggled to keep pace with the company’s growth, hindering its ability to maintain an accurate account of its resources.
The fallout from these inefficiencies was significant. With no reliable system in place to monitor their inventory, Komatsu found itself grappling with duplicated stock orders, wasted resources, and increased operational costs. The consequences of these issues became painfully clear when the company discovered significant losses in stocks due to its insufficient inventory management system. Recognizing the urgent need for a more effective solution, Komatsu sought a way to transform its operations and regain control over its valuable assets.
The outdated system struggled to keep pace with the company’s growth, hindering its ability to maintain an accurate account of its resources.
Leveraging Collaborative Efforts and No-Code/Low-Code Technology
To address this pressing issue, Komatsu turned to ITAsoft, a trusted partner of Joget. ITAsoft helped to develop a custom Control of Consumable Goods (CoC) App on no-code/low-code platform that was tailored to Komatsu’s unique needs. This app not only streamlined the company’s stock calculation process but also significantly improved its inventory management.
The Control of Consumable Goods App implemented automated email notifications to alert employees when stock levels reached critical lows. This timely reminder system enabled the creation of Purchase Requisitions (PR) well in advance, allowing respective departments to approve and replenish stocks promptly. The app also featured a checklist system for monitoring, disposing of, and transferring stocks not in good condition to appropriate warehouses in various locations.
Cashing in on No-Code/Low-Code Innovation: 20x Return on Investment!
The impact of the Control of Consumable Goods App on Komatsu’s operations was nothing short of transformative. By streamlining and automating all of their previously manual processes for tracking stock, the app made it easier for Komatsu to maintain an accurate account of their inventory. The built-in comprehensive checklist facilitated the monitoring, disposing, or transferring of stocks, ensuring effective and efficient allocation of resources.
Thanks to the implementation of stock availability reminders, employees were empowered to make insightful decisions on stock replenishment, leading to a significant recovery of previously lost assets. Furthermore, the improved inventory management system prevented overstocking, enabling the company to avoid unnecessary expenses. This not only resulted in a much more effective use of resources but also generated thousands of dollars in savings and increased operational efficiency.
This substantial cost reduction not only improved the company’s bottom line but also optimized its operations, showcasing the immense potential of no-code/low-code solutions. By embracing this innovative technology, Komatsu was able to revolutionize its inventory management system, achieving an impressive 20x return on investment and securing a more efficient, cost-effective future for the company.
“Furthermore, the improved inventory management system prevented overstocking, enabling the company to avoid unnecessary expenses. This not only resulted in much more effective use of resources but also generated thousands of dollars in savings and increased operational efficiency.”
Harnessing the Power of No-Code/Low-Code for Continued Success
The journey of Komatsu, Joget, and ITAsoft is a shining example of how collaborative efforts can drive innovation and yield impressive results in the manufacturing industry. As companies face ever-evolving challenges in today’s dynamic business landscape, no-code/low-code platforms like Joget offer an agile and adaptable solution to address these issues head-on.
As companies face ever-evolving challenges in today’s dynamic business landscape, no-code/low-code platforms like Joget offer an agile and adaptable solution to address these issues head-on.
Organizations can capitalize on the power of no-code/low-code technology to automate and optimize various aspects of their operations, from inventory management and human resources to sales and marketing. This flexibility allows businesses to stay ahead of the curve, meet the demands of an increasingly competitive market, and maintain a strong position in their respective industries.
Komatsu, A Success Story to Inspire
The incredible journey of Komatsu, Joget, and ITAsoft demonstrates the value of innovative technology, strategic partnerships, and a commitment to continuous improvement. By harnessing the potential of no-code/low-code platforms like Joget, businesses can overcome obstacles, drive innovation, and achieve remarkable success.
Komatsu’s triumph in achieving an impressive 20x ROI through the Control of Consumable Goods App built on a no-code/low-code platform serves as an inspiration for organizations seeking to revolutionize their operations and unlock new levels of efficiency and cost savings. This outstanding ROI not only underlines the value of digital transformation but also highlights the immense potential that no-code/low-code technology holds.
By embracing the power of no-code/low-code technology and collaborating with trusted allies like ITAsoft, companies can confidently face the challenges of the future and secure lasting success in an ever-changing world.
Get Started with Joget Open Source No-Code/Low-Code Platform
Free Trial – Joget DX 8 is now available for download.
Joget Demo – Experience the Joget DX platform and witness how a POC can easily be built in no time.
Joget DX Video Tutorials – Quick overview and build your first app.
Joget DX Knowledge Base – User and developer reference, samples and other documentation.
Community Q&A – Ask questions, get answers, and help others.
Language Translations – Translations for more than 20 languages.
Joget Blog – Latest news, upcoming events, and educational content ranging from thought leadership articles, whitepapers, webinars, video tutorials, customer success stories and more.
Joget Academy – Self-paced online learning and certification.
Joget Marketplace – Download ready made apps, plugins, templates and more.