By Matthew Southwell
RISCO is set to implement Oracle’s enterprise resource planning suite in an attempt to integrate its core back office functions, such as finance and inventory.
Kuwait’s Refrigeration Industries Co S.A.K. (RISCO) is set to implement Oracle’s enterprise resource planning (ERP) suite in an attempt to integrate its core back office functions, such as finance and inventory, and improve its service levels.
The project is scheduled to go live towards the end of the summer and it will be carried out by Global Technology Services (GTS), the IT subsidiary of Emirates National Oil Company (ENOC).
“RISCO had been planning to enhance its software infrastructure to embrace a proven, world-class ERP solution,” says Hussain Sultan, group chief executive & board member of ENOC.
“It wanted a solution capable of handling its growth, fulfilling its immediate needs for integrated financial accounting, inventory, procurement, order management, production, project costing and maintenance management. The system also needed to improve after-sales service and to bring about maintenance improvements,” he explains.
According to Sultan, competition for the RISCO project was stiff and GTS was selected ahead of other tier one vendors. However, now that the systems integrator has a foothold in the Kuwaiti market, he hopes this initial project will lead to more.
“It [the RISCO deal] represents a major opportunity to expand our operations in Kuwait,” says Sultan.