Monday 18 June 2018

Saudi agriculture firm in key ERP deal

Dubai, June 19, 2011

Saudi agriculture and real estate firm Awqaf Al Rajhi has inked a deal for an integrated Enterprise Resource Planning (ERP) system aimed at boosting its agriculture business processes and functionalities.

The company signed up Alfalak Electronic Equipment & Supplies Company, a leading provider of technology-based end-to-end solutions in the Middle East, for the purpose.

As per the deal, Alfalak, which has been consistently recognized as one of the top 100 companies in Saudi, will implement the ERP system powered by JDEdwards EnterpriseOne 9, the latest release of leading ERP platform of Oracle.

The ERP solution will cover finance; inventory and procurement; and grower, real estate and human capital management.

Alfalak was chosen as platform implementer based on its extensive experience in IT implementations across various industry verticals in Saudi Arabia, said Awqaf Al Rajhi in a statement.

Prior to its partnership with Alfalak, Awqaf Al Rajhi had been extensively searching for an integrated business solution that could meet its business requirements in the agriculture industry, it added.

Awqaf’s founder, Mohammed Bin Abdul Aziz Al Rajhi, owns a successful group of companies involved in several other sectors such banking, steel manufacturing, and water bottling.

The ERP project is scheduled for completion by this December, the company statement added.

Ahmed Ashadawi, CEO and president, Al-Falak Electronic Equipment & Supplies Company, pointed out that today’s businesses needed to cope with highly competitive and rapidly evolving markets.

'The Oracle solution we are deploying will enable Awqaf to boost its performance and concentrate on its core business as well as further expand its charity work. We hope that we can partner with Awqaf in the various other industries it operates in,' he added.-TradeArabia News Service

Tags: Saudi | Oracle | ERP system | Alfalak | agriculture firm | Awqaf Al Rajhi |

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