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itelligence UK delivered it.metal solution

LN Metals International Ltd. London is a specialist in the trade of non-ferrous metals, ores, concentrates, residues and by products and is an associated trade member of the London Metal Exchange. LN Metals selected the it.metal All-in-One SAP solution from itelligence to replace their existing processes to give them key benefits of enhanced risk management and cash management.
LN Metals International Ltd., based in Docklands, London is a specialist in the trade of non-ferrous metals, ores, concentrates, residues and by products and is an associated trade member of the London Metal Exchange (LME). LN Metals selected the it.metal All-in-One SAP solution from itelligence to replace their existing processes to give them key benefits of enhanced risk management and cash management that are key control areas of a leveraged business.

“We selected it.metal as we need a fully integrated solution, designed for the metals industry, to support our on-going expansion plans for the business” Kevin Rhodes, Finance Director, LN Metals International Limited.

itelligence, using it’s experience with mid-sized companies were faced with the challenge of providing a solution to manage and plan for cost changes, improve control of “lead times” and “landed costs” within a niche trading solution that required accurate management of logistics. LN Metals has a particularly complex logistics environment with stocks being managed in over fifty dedicated metals warehouses worldwide.

The challenge of delivering a workable solution to the fast changing demands of the metals trading industry in such a wideranging logistic landscape was one of the key deliverables and was one of the major successes for the project. There are plans to clone the system for a new subsidiary based in the Ukraine. The range of reporting available within itelligence’s it.metal solution has meant that LN Metals now have a much more accurate and efficient system of reporting their hedging and overall metals positions across all metal types.

 
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