January 15, 2008. IBS Borlas has announced the launch of an ERP II system implementation project for Severstal-Invest Trade House. The system is intended to optimize business processes and improve the quality of customer service at one of Russia's biggest metal trading companies.
Severstal-Invest Trade House currently uses its own automated information systems. However, according to Dmitry Sytin, IT Director of Severstal-Invest Trade House, "the company faces the need for further automation in some of its lines of business as it pursues further growth and seeks to improve its business efficiency. A study exposed significant technological and functional constraints in the existing software and revealed no possibility for functionality upgrade or expansion. Moreover, the company will not be able to further increase sales without having the existing management system replaced".
Therefore, the management of Severstal-Invest Trade House decided to have an ERP II system based on Oracle E-Business Suite solutions implemented at the Trade House in line with the Severstal Group information technologies strategy. Borlas Consulting Group was selected to be the general contractor under this project based on the results of a tender.
According to Sergey Khlevnyuk, Project Director from IBS Borlas, "The corporate information system of Severstal-Invest Trade House, based on Oracle E-Business Suite 11i, will be implemented in a number of the company’s units including the Head Office, the Service and Metal Warehouses and the Points of Delivery. The system is planned to have approximately 500 workstations. The project will include such areas as Finance (including Russian Accounting Standards and IFRS accounting), Logistics, Production and Budgeting. This large-scale project is scheduled for completion in 2009. The project will improve the quality and efficiency of Severstal-Invest Trade House business processes in preparing financial statements, sales organization, product warehouse inventory management, counterparty relationship management, leading to better customer service".
Profiles of the companies:
ZAO Severstal-Invest Trade House (www.severstal-invest.ru) is a subsidiary of ZAO Severstal Group and part of Severstal Group. Severstal-Invest Trade House is a large trading and industrial company with a countrywide network of service warehouses and over 13 years of experience in the metal products market. Warehouse inventories of the company's subsidiaries in European Russia have essentially all of the ferrous metal product range including rolled metal products, tubes and metalware. The company currently supplies rolled metal products to the Russian market from beyond the CIS and from essentially all major CIS metal companies.
Since 2002 Severstal-Invest Trade House has been consistently included among top metal trading companies by the Metal Supply and Sales journal of the Russian Union of Metal and Steel Suppliers. The company supplies hundreds of thousands of tons of rolled metal products, tubes and metalware annually and has over 20,000 customers. Its core customers are construction, mechanical engineering, fuel, energy, mining companies, small businesses and utilities. The company's subsidiaries are handling orders of any volume and degree of complexity.
IBS is Russia’s leading player in the IT and consulting market. It was formed through the merger of IBS and Borlas Consulting Group. It is part of IBS Group Holding Limited, along with Luxoft and Depo Computers. Its core lines of business are management consulting, business applications implementation, IT outsourcing and IT infrastructure. IBS headcount exceeds 3400 employees including over 1500 certified consultants. 84 of Russia’s top 100 companies are customers of IBS. For more information on IBS please visit www.ibs.ru.
IBS Borlas is part of IBS and specializes in building management systems based on Oracle E-Business Suite applications and other products of Oracle Corporation. An Oracle Master Partner, IBS Borlas has the strongest Oracle E-Business Suite team in the Russian market, with over 500 consultants having a track record of more than 50 projects. IBS Borlas is the only Russian first-line technical support center for all of Oracle's basic products and business applications and the Competence Center for Oracle's four key technology areas. For more information on IBS Borlas please visit www.borlas.ru.
For further information on IBS please contact Lada Scherbakova, PR Director. Telephone: +7 495 967-8080, e-mail: lada@IBS.ru.
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