SULB, the region’s first fully integrated steel sections and beams producer, today announced that it has signed an agreement with Tata Consultancy Services (“TCS”), the global software giant from India, for the implementation of SAP software and business warehousing solutions for its integrated steel mill. 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 US$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%).
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