Al-Abbas Sugar Mills Limited

Al-Abbas Sugar Mills Limited Reduces Inventory Costs by 15%, Cuts Reporting Time with Oracle E-Business Suite R12

 
 

Al-Abbas Sugar Mills Limited

Oracle E-Business Suite R12 provided us with a complete set of tools to improve customer service, manage the production and distribution lifecycle, and ensure prompt debt collection. We have more control over our operations, which has resulted in greater efficiency, lower costs, and improved corporate governance

–– Khurshid Anwer, Director Finance, Al-Abbas Sugar Mills Limited

Founded in 1991, Al-Abbas Sugar Mills Limited manufactures sugar and industrial alcohol. The company operates a sugar plant and industrial alcohol distillery in Mirpur Khas, a province in south-eastern Pakistan known for its agricultural produce. Al-Abbas Sugar Mills is listed on the Karachi Stock Exchange.

Challenges

  • Replace ageing accounting system with a more advanced platform to increase visibility into payables and receivables
  • Automate procure-to-pay process and improve supply chain management
  • Implement a system to track requisitions and approvals and ensure a transparent audit trail
  • Reduce costs and ensure compliance with company policies

Solutions

  • Engaged Oracle Certified Partner Sapphire Consulting Services to implement a financial, inventory, procurement, and order management system based on Oracle E-Business Suite R12
  • Completed month-end reports in five days, compared with two to three weeks in the past
  • Reduced business reporting time from five days to three days
  • Cut inventory costs by 15% by enabling staff to monitor and maximize resource use and ensuring that the right amount of stock is ordered at the appropriate times
  • Shortened the purchasing lead time from 15 days to 5 days by streamlining the order management and approval process
  • Lowered system maintenance costs by 40% by replacing disparate applications with an integrated platform
  • Gained a flexible and scalable system that can be easily modified to support the changing requirements of a rapidly growing business
  • Improved corporate governance by creating a transparent audit trail to track the lifecycle of transactions
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