Hartsville, 29550, SC,
United States
Novolex Technographics
Novolex Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Novolex and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 23000 Novolex employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Novolex has purchased the following applications: SAP S/4 HANA for ERP Financial in 2022, iCIMS Recruit Applicant Tracking System for Applicant Tracking System in 2024, IBM Cognos Analytics for Analytics and BI in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Novolex is running and its propensity to invest more and deepen its relationship with SAP , Emburse , iCIMS or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Novolex revenues, which have grown to $9.00 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Novolex intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Novolex Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP S/4 HANA | ERP Financial | ERP Financial Management | Tcs | 2022 | 2022 |
In 2022, Novolex implemented SAP S/4 HANA as its ERP Financial platform to consolidate operations across multiple ERP estates created through rapid M&A activity. The deployment addressed a siloed technology landscape and the lack of a single source of accurate data, aiming to harmonize operational and financial metrics and provide a consistent face to customers across business units.
TCS acted as the end-to-end systems integrator to build a scalable digital core using pre-configured industry solutions, cloud technologies and TCS accelerators, accelerating time-to-value through an agile implementation approach. Novolex configured SAP S/4 HANA to simplify and automate finance and manufacturing workflows, standardizing core financial close processes, inventory management, order-to-cash execution and pricing configuration to increase process consistency.
The program consolidated disparate ERP environments into a unified SAP S/4 HANA platform, modernizing applications and centralizing formerly fragmented data sources to enable digital automation across procurement, production and sales operations. The architecture emphasized a digital core hosted on cloud infrastructure with process orchestration to support ongoing M&A consolidation and the rapid integration of business units.
Governance and rollout relied on standardized configuration governance, agile delivery sprints and process reengineering to shorten monthly and quarterly financial close cycles and establish enterprise operating procedures. Novolex reported explicit outcomes from the S/4 HANA implementation, including reduced one-time opex, ongoing SGA improvements, manufacturing productivity efficiencies, working capital improvements through inventory optimization, and increased sales margins and pricing effectiveness, which supported continued M&A activity.
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Expense Management | ERP Financial Management |
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2018 | 2018 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| iCIMS | Legacy | iCIMS Recruit Applicant Tracking System | Applicant Tracking System | HCM | n/a | 2024 | 2024 |
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Core HR | HCM |
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2014 | 2014 |
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Recruiting, Applicant Tracking System | HCM |
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2016 | 2016 |
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Workforce Management | HCM |
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2012 | 2012 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| IBM | Legacy | IBM Cognos Analytics | Analytics and BI | Analytics and BI | Converge Technology Solutions | 2022 | 2022 |
In 2022, Novolex implemented IBM Cognos Analytics to centralize reporting and support a consolidated planning cadence, deploying the solution as part of an Analytics and BI initiative. The implementation targeted a fragmented forecasting process that varied by plant and ERP system, where annual sales and operations planning cycles produced inconsistent cadences and gaps between the sales plan and production plan across multiple plant locations.
Novolex configured IBM Cognos Analytics to deliver monthly and weekly site level SNMP reporting for engineering, marketing, sales and operations, and to provide descriptive and prescriptive analytics to inform production and inventory decisions. The deployment was aligned with a unified forecast model and a monthly production planning cycle, and the company also selected IBM Planning Analytics to connect disparate systems onto a single analytics platform and support consolidated forecasting workflows.
Integration work focused on connecting IBM Cognos Analytics to the company wide data sources and the various ERP systems used at different sites, with Converge Technology Solutions acting as the IBM Business Partner to lead implementation, development check ins and issue resolution. Converge collaborated with IBM to ensure platform readiness and to adapt the analytics design to manufacturing business needs, enabling consistent site level reporting and shared visibility across plant operations.
Process and governance changes accompanied the technical rollout, Novolex consolidated multiple forecasting processes into one standardized review, forecast and update process, and standardized metrics to create a single source of truth for planning. Deployment was executed in phases to drive adoption, the supply chain organization assumed responsibility for forecasting metrics and governance, and the new cadence enabled more frequent reviews and updates than the prior annual cycle.
Outcomes cited by Novolex include an 83 percent reduction in forecast cycle time, shrinking a previously six week process to less than one week, and approximately a 16 percent improvement in inventory position. Novolex reports that data can be processed in hours with two days allocated for analysis and review, and the company plans a next phase to extend the IBM Cognos Analytics implementation with predictive analytics to broaden forecasting factors and forward looking scenario planning.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Collaboration | Collaboration |
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2016 | 2016 |
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eCommerce
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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eCommerce | eCommerce |
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2020 | 2020 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Governance, Risk and Compliance | TRM |
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2020 | 2020 |
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Governance, Risk and Compliance | TRM |
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2020 | 2020 |
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Treasury Management | TRM |
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2022 | 2022 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2014 | 2014 |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Application Hosting and Computing Services | IaaS |
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2017 | 2017 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2016 | 2016 |
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IT Decision Makers and Key Stakeholders at Novolex
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Apps Being Evaluated by Novolex Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||