Qatar Steel completes the implementation of Oracle’s E-Business Suite
Posted: 13 February 2006
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Qatar Steel Company (QASCO), one of the largest steel manufacturers in the GCC region, has completed the implementation of Oracle’s comprehensive business applications solution, Oracle E-Business Suite, as part of the industrial giant’s expansion plans. Oracles E-Business Suite has enabled QASCO to streamline its various internal business processes, as well as giving senior management a clearer, more concise means to analyse business performance and make informed and timely business decisions.
Demand for steel has grown rapidly over the last five years, in tandem with the real estate boom in the Gulf. Developing a strategy to capitalize on current and future growth in the region’s construction industry, QASCO has developed an aggressive expansion plan, with the steel manufacturer on course to complete in 2010 the building of a state-of-the-art facility capable of producing four million tons of iron per year. Oracles E-Business Suite will allow QASCO the ability to expand while retaining its lean manufacturing structure and high-quality production.
Already an Oracle customer, QASCO sought to strengthen its IT capabilities by replacing systems developed in-house with a world class enterprise resource planning solution from Oracle.
According to Malek Hamdieh, Information Technology manager for QASCO, the company required a solution that would provide an integrated view of its growing operations: “We had a set of stand-alone systems developed internally by our IT staff. The systems, while operating independently could not provide an integrated view of our business operations, we wanted our executives to have up to the minute accurate information to enable them to make business critical decisions quickly, Oracle E-Business Suite gave us this capability and much more.”
After a thorough evaluation of all the options open to QASCO, the decision was taken to select a single vendor with an integrated solution rather than a range of so-called ‘best-of-breed’ applications or modules. According to Hamdieh, Oracle E-Business Suite allows QASCO to access up-to-date information in real-time, enabling the organization to respond rapidly to changes in the market. “We were confident that Oracle’s fully integrated application suite built on a single source of data would give us a solid foundation upon which we could expand our business and it did,” he said.
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