Asset Management helps NASCAR Drive Down Costs

Hendrick Motorsports wanted to coordinate information across 6 warehouses, track usage of approximately 150 components on each car and get the system up and running within four months.

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  • VENDOR
  • CUSTOMER
  • Hendrick Motorsports, originally named All Star Racing, is a current American auto racing team created in 1984 by Rick Hendrick. The team currently competes in the NASCAR Sprint Cup Series.
  • SOLUTION
  • Schneider Electrics provides a solution which includes Avantis Asset Management Software and Avantis Industrial Rapid Implementation Methodology (InRIM).

    Software Components
    - Avantis EAM solution
  • DATA COLLECTED
  • Race check, test configurations
  • OPERATIONAL IMPACT
  • Impact #1
    Real-time Tracking - Multi-site asset management capabilities track inventory in all six warehouses.
    Impact #2
    Operational Cost Saving - SAP integrated with existing business and financial operations resulted in $100,000 savings.
  • QUANTITATIVE BENEFIT
  • Benefit #1
    Reduced cash outlay for inventory saves $400,000.
    Benefit #2
    The solution saved $1,000,000 through reduced inventory by consolidating warehouse management.
    Benefit #3
    Reduced overhead for single instance, multifacility management and saved $65,000.
  • INDUSTRIES
  • Automotive
  • FUNCTIONS
  • Logistics
    Warehouse Management
  • ENABLED CAPABILITIES
  • Data Acquisition & Management
    Inventory Management
  • CONNECTIVITY PROTOCOLS
  • RELATED CASE STUDIES
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