03Jun2003 SABIC launches SAP system to boost services

Riyadh, 3rd June 2003

Saudi Basic Industries Corporation (SABIC) announced the implementation of its new Global Enterprise System, using SAP technology, at its company headquarters in Riyadh, and sales its offices in Europe and Asia Pacific.

Mohammad H. Al-Mady, Vice-Chairman and Chief Executive Officer of SABIC, said: “This is a tremendous achievement for SABIC, and our most challenging development, implemented in three different geographical locations and three different 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. Benefits will include: shorter intervals between the receipt of orders and payments; reduced inventory, and improved customer services,” Al-Mady told the Jeddah-based Saudi Gazette, in a statement published today.

Source: SPA

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