SAP will be implemented for Finance/Costing, Materials Management, Sales & Distribution, Production Planning, Quality Management, Plant Maintenance and H.R/Payroll along with SAP’s business intelligence tools.
SULB, which has a total investment cost of $1.4 billion, including the acquisition of Saudi SULB, is a joint venture between Bahrain-based Foulath, the region’s leading steel investment vehicle and holding company (owning 51%), and Japan’s Yamato Kogyo Co., Ltd, a leading global sections and beams producer (owning 49%).
“We are pleased to be working with TCS, a global leader in software and business solutions, on the implementation of SAP solutions for SULB. Having recently appointed TCS, we have moved swiftly along, kicking off the project, which we expect to completed over the coming eight months. In this and every other aspect, SULB is a world class project that we are working diligently to complete and deliver to plan,” Mohammed Al-Jabr, CEO of SULB, said.