SABIC
launches SAP global enterprise system
Posted: 9 June 2003
Saudi Basic Industries Corporation (SABIC) recently announced implementation
of its new Global Enterprise System — using SAP technology
— at company headquarters in Riyadh, as well as sales offices
in Europe and Asia Pacific.
Mohamed H. Al-Mady, Vice Chairman and Chief Executive Officer,
said, “This is a tremendous achievement for SABIC and our
most challenging implementation to date, in three different geographical
locations and three different time zones.”
“The system will allow SABIC to manage all of its operations
on the basis of a single, integrated set of corporate data, across
all affiliates and overseas offices. It will enable faster decision
making, and huge improvements in the company’s efficiency,
effectiveness and cost management — for example, shorter intervals
between orders and payments, reduced inventory, and improved customer
service” he said.
Information on the new system has been sent to SABIC’s customers
and suppliers, and feedback routes have been set up to assist with
any additional queries they may have.
In October 2002 SABIC successfully launched the system at its regional
operation in the United States; and in April this year at its SHARQ
affiliate in Al-Jubail, Saudi Arabia. The final phase of the implementation
will integrate the SAP system with the creation of a Shared Services
Organization, and will be rolled into SABIC’s headquarters
operation and remaining affiliate companies over the next two years.
Posted by Richard Price,
Editor Pipeline Magazine
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