Gold Coin establishes a platform for growth with Infor M3

CASE STUDY  

Established in Singapore in 1953, Gold Coin is a pioneer in animal nutrition and the manufacturing of scientifically balanced animal feed within Asia. Gold Coin is one of the largest agribusinesses in the region, with 2,900 employees across 9 countries. With a milling capacity of approximately 2.6 million tonnes per year, Gold Coin offers a wide range of products for both the livestock and the aqua industries.

Business case

• Required a common (ERP) platform to standardize processes across locations
• Lacked consistent financial reporting
• Relied on time-consuming manual data entry throughout the business
• Wanted a new solution to address business needs, especially in the area of planning
• Needed to meet existing and upcoming compliance requirements in multiple countries

Business results 

• Standardized and automated processes throughout the group
• Achieved full visibility into financial reporting at group level
• Eliminated manual records, avoiding duplicate data entry
• Modernized IT infrastructure to facilitate future cloud deployment
• Improved inventory management efficiency
• Utilized M3 to cater to localization requirements across Gold Coin’s various country locations: e.g., VAT, withholding tax requirements (Indonesia); Golden Tax invoices (China); VAS reporting (Vietnam); and more