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Oil, Gas, Petrochemical Industry News
News Release from: SABIC
Edited by the Processingtalk Editorial
Team on 06 June 2003
SAP global enterprise system for SABIC
SABIC today 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
This article was originally published on Processingtalk on 18 Jul 2003 at 8.00am (UK)
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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 all SABIC 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 the SABIC headquarters operation and remaining affiliate companies over the next two years.
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