Oracle Named Strategic Vendor For Nuqul Group’s Enterprise Resource Planning & Information Technology Solutions
Established in 1952 Nuqul Group is a conglomerate of 30 companies and one of the Middle East's leading industrial groups. It brings together more than 5,500 employees and exports its products to over 45 markets worldwide. Nuqul Group is characterized by industrial diversification, vertical integration, regional expansion and synergy. The Group is currently present in diverse sectors such as: construction, stationery, automotive, packaging and printing, converting and paper mills, and many others.
Today, and following thorough market research and extensive analysis, Nuqul Group announced the selection of Oracle Corporation as its strategic vendor for Enterprise Resource Planning (ERP) systems.
This valuable partnership will run for the coming 5 years and will engage Nuqul Group with Oracle's team of consultants and partners to license all of the Group's business units. The new solutions comprise a variety of business applications and tools that will enhance the Group's performance in different areas that include: Human Capital, Finance, Supply Chain, Demand Planning & Forecasting, Manufacturing and Maintenance Management; in addition to Retail Execution, Performance Management, Budgeting & Forecasting, Integrated Margin & Operations Planning and Business Intelligence systems.
The deployment of the system will be launching first at the group's companies in Egypt to expand over the upcoming five years to include the Group's core business units in Jordan, Saudi Arabia, United Arab Emirates, Algeria and Morocco.
CEO of Nuqul Group, Nidal Eses stated: "The objective of this upgrade is to enable the "knowledge worker" by providing our employees with the knowledge they require from the systems based on concurrent information and synchronized analysis assisting them in the decision making process". "The new systems will help Nuqul Group employees to perform with higher efficiency and better customer service which is in line with our pursuit towards excellence." added Mr. Eses.
Mr. Arun Khehar, Vice President at Oracle Corporation said: "We at Oracle have developed an in-depth understanding of best business practice needs across all divisions that our IT solutions have become synonymous with high efficiency and performance. Hence, a multitude of high-profile businesses have selected Oracle's business solutions to achieve excellence and increase profits. Nuqul Group is a case in point that has recently joined our long list of blue-chip clients that have found in Oracle solutions a panacea to their business management issues."
Mr. Bassem El-Wazir, Group IT Director said: "Since 2001, Nuqul Group has been using various independent ERP applications and recently decided to consolidate all implementations under one system for the Group's core business. This approach will enable us to restructure our business processes and improve the levels of employee efficiency and productivity".
Mr. Firas Al-Hilu, Group ERP Manager said: "This will be a big evolution for the group on the technology side, we believe that Oracle will add big value to our stakeholders and enable them with knowledge and technology to effectively and efficiently execute business objectives, the project will be one of the biggest project in the Middle East including in addition to Oracle eBS best-in-class applications like Demantra, Siebel, and Hyperion"
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