Wipro Consumer Splash Creates a Digitalized Network of Suppliers

The digitalized network provides a single, shared, trusted view increasing fulfilment rate and reducing costs.

Company Overview

Splash Corporation is a consumer goods company based in the Philippines. It produces and markets a wide range of personal care and household products such as skin care, hair care, and laundry detergents under various brand names such as Maxi-Peel, SkinWhite, and Biolink.

With over 30 years of experience in the industry, Splash Corporation is committed to providing quality products that meet the needs of its diverse customer base. Wipro Consumer Care and Lighting, a division of Indian multinational corporation Wipro Limited, acquired a 45% stake in Splash Corporation in 2018

Problem Statement

Managing a network of suppliers can be challenging due to a lack of trust, manual collaboration, delivery challenges, increasing logistics and distribution costs, and transfer, good invoice, and payment issues.

Visibility of stock levels at distributors is often ignored, leading to the bullwhip effect with significant demand variability upstream in the supply chain process, resulting in losses due to more demand but fewer sales. The complexity of these challenges further increases when distributors are located globally, requiring additional coordination and communication.

Solutions

The #dltledgers solution was developed using distributed ledger technology to improve the order fulfilment process with distributors, resulting in shorter cycle times and improved customer relations.

The solution also aimed to enhance collaboration with multiple parties in multiple geographies, enforce risk-free contracts, and increase visibility and transparency across the digital network of distributors and customers. The system provides real-time information on order status, allowing participants to quickly identify and resolve operational issues and optimize shipping.

The solution also streamlines the export process, provides accurate data and digital document storage, and offers real-time reports and secure tracking of order fulfilment with verified tamper-proof digital records for future use and compliance.

The #dltledgers platform helps us form a single, shared, trusted view, helping us increase our fulfilment rate, decrease cost, and improve our supply chain ecosystem relationships.

Deepak Chandran

Chief Financial Officer (International), Wipro Consumer Care and Lighting/ Splash Corp

Benefits

Business Value to each of the parties involved with better visibility and transparency to avoid disruptions.
OTIF improvements by 10-15%.
Increase in Revenue by 20-30% connecting the multiple parties with the real time information flow.
Real-time reports and secure tracking of the origin of goods and the chain of custody with verified documentations and certifications as tamper-proof digital records for future use and compliance.
Reduced order fulfilment processing time by 60-70%.
On time delivery with timely processing of payments to the third-party logistics and distribution.

Product Capabilities

Easy Network Creation and onboarding multiple parties.
Digital Assets configured to be maintained as part of the distributed ledger with blockchain.
Real Time notification to expedite and avoid any delays in shipments across multiple parties.