Hoshanco Holding eyes retail industry step-change
- United Arab Emirates: Wednesday, March 06 - 2013 at 10:09
- PRESS RELEASE
Hoshanco Holding, one of the Gulf region's largest holding companies, has gone live across its retail operations with a potentially game-changing, industry-specific solution from SAP, the world's leading business software company.
Founded in Riyadh in 1964 by Sheikh Ahmad Bin Hamad Al-Hoshan, the company focuses on trading (stationery, printing solutions and printing papers), stationary equipment, real estate investment and financial services.
"It is critical to leverage information technology as a key competitive advantage," said Fahad Bin Ahmad Al-Hoshan CEO, Hoshanco Holding.
"SAP gives us the ability to move with more agility, anticipate customer needs and help raise the standard for operational excellence across the Saudi Arabian retail industry. This type of technology will also become the cornerstone of our ongoing expansion efforts."
SAP's retail-specific Enterprise Resource Planning (ERP) is set to improve efficiency and transparency of Hoshanco Holdings's manufacturing, supply chain, logistics and finance and controlling, as well as the management of human resource, real estate and store operations.
"Hoshanco Holdings values innovation and puts the customer first, which makes them an ideal fit for SAP," said Ahmed Al-Faifi, Managing Director, SAP Saudi Arabia.
"In today's globalised, highly competitive business environment, it is best-run companies like Hoshanco Holdings, which are determined to achieve business clarity and react effectively in real-time, that will truly prosper."
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