Hendrick Motorsports

Hendrick Motorsports implements Avantis EAM solution to track inventory and car components, monitor performance reliability, optimize performance and reduce costs.

  • Scott Lampe, Chief Financial Officer

    What Avantis has accomplished with a single system could have required four separate systems. The Avantis solution also allows us to collect accurate performance and maintenance information to make informed decisions… this is priceless.

  • Goals

    • Integrate Microsoft’s Business Solutions- Dynamics SL financial program into a single, compatible system to manage inventory, track parts usage, and maintain a historical profile of car performance within 4 months
  • Challenges

    • Coordinating information across 6 warehouses that are operated as independent entities
    • Tracking usage of approximately 150 components on each car
    • Getting the system up and running within four months
  • Results

    • Multi-site asset management capabilities tracks inventory in all six warehouses
    • Reduced cash outlay for inventory saves $400,000
    • Saved $1,000,000 through reduced inventory by consolidating warehouse management
    • Reduced overhead for single instance, multifacility management and saved $65,000
    • Integration with existing business and financial operations resulted in $100,000 savings