Case Study: Hendrick Motorsports achieves $1.565M in inventory and operational savings and centralizes multi-site asset management with AVEVA Asset Management

Asset Management software helps leading NASCAR team Drive Down Costs and Optimize Performance

Hendrick Motorsports, a leading NASCAR team, needed to integrate Microsoft Dynamics SL into a single compatible system to manage inventory across six independently operated warehouses, track usage of roughly 150 components per car, maintain historical vehicle configuration and performance data, and get the solution live within four months. To achieve this, Hendrick chose AVEVA and its Asset Management software (Avantis.PRO) along with AVEVA’s Industrial Rapid Implementation Methodology (InRIM™).

AVEVA deployed its EAM solution and InRIM to centralize purchasing, consolidate warehouse management into a single-instance, multi-site system, and capture detailed parts-usage and configuration histories. The rapid rollout delivered immediate, measurable benefits: full inventory visibility across six warehouses, $400,000 reduced cash outlay within six months, $100,000 lower inventory from consolidation, $65,000 in overhead savings, and $100,000 saved through financial integration—enabling Hendrick Motorsports to standardize parts, improve reliability tracking, and make faster performance decisions.

Hendrick Motorsports

Scott Lampe

Chief Financial Officer