Kuwait's Refrigeration Industries Company selects Oracle E-Business Suite

The modules acquired include financial accounting, procurement, inventory, order management, production and planning, human resources and payroll, projects, and maintenance management. RISCO also acquired Oracle Collaboration Suite. In addition to its activities in providing strategic refrigerated warehouse services, RISCO's services include transportation, international freight forwarding, and fleet management and container maintenance.

The implementation contract has been awarded to Oracle's certified advantage partner Global Technology Services, the I.T.subsidery of Emirates National Oil Company (ENOC) LLC.

Oracle E-Business Suite offers businesses a complete set of applications capable of automating any function of their daily business processes. Available for purchase by module or as a complete suite, Oracle applications assists in everything from running supply chain operations to managing employees to marketing, selling, accounting, production, planning, financing and providing customer service. Oracle E-Business Suite applications help managers to follow up their business and supporting them in their decisions; do more with their resources, while spending less.

"The decision to select Oracle E-Business Suite came after thorough and careful study of our current business needs and future strategy for expanding, both the management and the IT experts at RISCO reached the same conclusion, Oracle E-Business solution is the most appropriate and capable to achieve this task". Said Jassem Bader Al-Majid RISCO's Chairman & Managing Director.

"RISCO had been planning to enhance its software infrastructure to embrace a proven, world-class e-Business solution, "explained Hussain Sultan, Group Chief Executive and Board Member, 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 was also needed to improve after-sales service and to bring about maintenance improvements.'

'The selection of Oracle E-Business Suite solidifies Oracle's position as the leading provider of business solutions in the Middle East and reflects the trust that our certified advantage member enjoy in the region.' Said Husam Dajani, Oracle's VP for the Middle East.

"Oracle E-Business Suite constitutes the backbone of e-business transformation, for over 600 leading organizations in the Middle East representing all key sectors from government to airlines and from manufacturers to retailers" added Dajani.