PIC opts for Oracle E-Business Suite
Petrochemical Industries Company (PIC), part of Kuwait Petroleum Corporation, has announced that it is taking on Oracle’s E-Business Suite.
Petrochemical Industries Company (PIC), part of Kuwait Petroleum Corporation, has announced that it is taking on Oracle’s E-Business Suite to increase efficiency and productivity at a number of its plants.
The decision comes as a result of the Al Dana programme, which is process PIC is going through to reorganise all its business processes. The E-Business Suite implementation will result in transferring financial, human resources, contract management, manufacturing, order fulfillment, sales and service modules to an internet-based system. The aim of the move is to enable better information sharing and decision making and therefore improve the bottom line.
“PIC has a number of specific objectives for the Al Dana project, including the deployment of a comprehensive, integrated IT strategy rather then trying to cobble together a number of different technology platforms,” said Maha Mulla Hussain, deputy chairman, PIC.
“We also required an internet based system that would enable our customers, employees and partners to interact efficiently and seamlessly. The integrated nature of the Oracle E-Business Suite and Oracle’s commitment to the region, made an ideal fit for PIC’s business transformation project,” she added.
The main feature of the system will be the integrated and automated front and back office processes. It will also reduce IT expenses in the long term because there will be no need for interfacing and integration across different platforms.
To be completed in 2004, the E-Business Suite will include software, consultancy, training and support. The whole implementation will use the Oracle 9i range including, database, application server and developer suite.
“PIC’s e-business transformation will bring the organisation an number of benefits including greater competitive advantage, reduced operating costs and a streamlined set of processes. We believe the Al Dana initiative will become a model for other companies in the Middle East that want to become leaner, more profitable businesses through the deployment of e-business solutions,” said Husam Dajani, vice president for Oracle Middle East.