Pak Elektron Limited (PEL) has selected the Oracle E- Business Suite Release 12 to streamline its business processes and financial systems.
PEL chose to deploy the Oracle E-Business Suite Release 12 to replace its various legacy systems, to meet its growing business demands, optimize its operations and align with international standards.
“The Industry verticals we operate in are experiencing a demand for more customized products. Economic and competitive pressures are challenging organizations to improve business performance, introduce new products to market more quickly and optimize distribution management. To address these challenges, it is most important to optimize and automate the company’s business processes to achieve the greatest business efficiencies,” said Salman Rehmatullah, Chief Information Officer, Pak Elektron Limited.
“We selected Oracle for its world-class leading technologies which will help us to integrate our decentralize IT infrastructure. Oracle will also help us build an information-driven IT portfolio, to effectively reduce operational costs, build flexibility to respond promptly to the changing business dynamics and enhance our competitive advantage to consistently meet our consumers’ needs”.
“With a strong footprint in the manufacturing industry, Oracle has been serving its customers to operate in line with international best practices,” said Syed Rizwan Munawar, Country Head, Applications Business, Oracle Pakistan and South West Asia. “We are delighted that Pak Elektron Ltd. Is relying on Oracle Applications to build a highly visible and scalable platform to optimize its business processes to achieve efficiencies company-wide.”
PEL will also be able to streamline purchase order processing while strengthening procurement policy compliance. The deployment of Oracle Applications will enable PEL to optimize and improve inventory visibility, enabling the organization to reduce inventory holdings across the business. It will also enhance the organization’s capability to manage the cost and time involved for meeting its customer obligations.
The deployment of the Oracle E-Business Suite Financials will help integrate the company’s receivables and general ledger systems, and will enable management to obtain a real-time, online view of the company’s financial status.
Oracle Hyperion Planning will provide PEL with a centralized, Web-based planning, budgeting and forecasting solution to integrate the company’s financial and operational planning processes and improve business predictability.
Oracle Business Intelligence will provide PEL a complete and integrated system for managing and optimizing enterprise-wide performance. This will help them to achieve management excellence – being smart, agile and aligned.
Other modules that PEL will implement include Oracle Order Management, Oracle Advanced Pricing, Oracle Inventory Management, Production Scheduling, Oracle Human Resource Management, Oracle Payroll, Oracle Field Service, Oracle Depot Repair, Oracle Spares Management, Oracle Purchasing, Oracle Discrete Manufacturing, Oracle Projects, and Oracle Enterprise Asset Management.