Aceto Corporation Case Study by Sage X3 ERP
The Company: About Aceto Corporation
Publicly traded Aceto Corporation is a global leader in the importing and distribution of over 1,000 chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals, and agrochemicals used principally as raw materials in the pharmaceutical, agricultural, color, surface coating/ink, and general chemical consuming industries. The company’s business is organized along product lines into three segments: Health Sciences, Chemicals & Colorants, and Crop.
The Situation: Increasing Demands
The Solution: Sage X3 ERP
“Our goal was to implement a system that would provide broader, deeper, and more efficient processing capabilities without sacrificing business-critical functionality,” said Terry Steinberg, Vice President & CIO of Aceto. “Sage ERP X3 ( Enterprise Management) offered the best combination of functionality, technology, value, and implementation methodology of the systems we evaluated. And, it had the flexibility and the scalability we needed to support our expansion and evolving business model.”
Sage Enterprise Management Helps Aceto Corporation Manage Complicated Compliance Regulations “Sage offered the best combination of functionality, technology, value, and implementation methodology of the systems we evaluated. And, it had the flexibility and the scalability we needed to support our expansion and evolving business model.” Terry Steinberg, Vice President & CIO, Aceto Corporation
Sage Enterprise Management offered the flexibility required to support Aceto’s unique processes and adapt to meet the company’s specific needs. For example, when importing hazardous chemicals from overseas, companies are subject to country-specific regulations in addition to international business practices. The Sage Enterprise Management services team customized Sage Enterprise Management’s existing quality module to
ensure that products go through a series of internal controls for the necessary documentation required to meet country-specific regulatory demands.
Additionally, Aceto was interested in a software add-on that provides an effective way to track its product in transit, which can be on a vessel for up to six weeks. This module, developed by the Sage Enterprise Management services team for the U.S. market, in effect, takes financial ownership of the product upon shipment and manages detailed tracking of the landed cost, including broker fees, terminal handling fees, ocean freight, inland freight, duty, etc. It collects additional detailed product information, such as a Certificate of Analysis, which is entered while the goods are in transit instead of when they arrive at the warehouse. Inventory can be preallocated to sales orders from purchase orders, again before the goods arrive at the warehouse. Once the enhancements were complete, extensive pilot exercises enabled users to become comfortable with the system and eliminate potential slowdowns in ongoing workloads.