Al Ghurair Group overhauls business with Oracle ERP

The UAE-based organisation will implement Oracle Financials — including the property management component—Asset Management and Oracle Supply Chain modules.

  • E-Mail
By  Greg Wilson Published  May 19, 2003

Al Ghurair Group plans to its improve its financial reporting and analysis with the deployment of Oracle’s E-business suite. The UAE-based organisation will implement Oracle Financials — including the property management component—Asset Management and Oracle Supply Chain to consolidate its operations and reduce its administrative processes.

The Al Ghurair Group will implement Oracle Financials across its entire real estate division, which includes BurJuman and Al Reef Shopping Malls, as well as the commercial and residential properties within the Dhs 1.4 billion BurJuman extension.

The property management module will automate lease execution and enable wireless access to backend applications.

The group’s manufacturing business units, including Gulf Extrusions and its plastics and paper packing plants will also be connected to the Oracle applications. When installed, the Asset Management and Supply Chain modules will allow the organisation to reduce inventory and improve time to market for its cardboard, polyfilm and aluminium container products.

“From a business perspective, Al Ghurair Group’s initiative is focused on streamlining our business processes, getting a more up-to-the-minute view of the entire company’s financials, and integrating our data for a leaner, more agile organisation,” explains Hatem Al-Sibai, group IT manager, Al Ghurair Group.

“The comprehensive nature of the Oracle E-Business Suite means that all of our different holdings can benefit from the new technology implementation, and information becomes more manageable across the entire Group,” he adds.

Eventually, Al Ghurair wants to enable access to backend applications through handheld devices. “Al Ghurair’s infrastructure is enabling us to both lower costs and increase our competitive advantage in the markets we serve,” says Al-Sibai.

The Oracle E-Business Suite will enable Al Ghurair to improve the management of its existing business units and help keep track of its existing assets. For instance, this will enable the real estate and manufacturing businesses to optimise physical space utilisation and reduce the overall complexity of their business processes by integrating them on a single system.

The implementation is handled by Al Ghurair’s internal team working closely with Ernst & Young. The project is due for completion before the end of 2003.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code