Deep Dive into Hectare's Digital Transformation Journey!
Listen to the whole podcast here
Speakers
Shashikumar S
Chief Operating Officer
(ITOrizon Inc)
Sathish Kumar T
Senior Vice President
(ITOrizon Inc)
Karthik B
Operations Head
(Hectare's)
Bhandary K V
Chief Financial Officer
(Hectare's)
Description
Customer Overview:
Al Wazzan Foodstuff Industries Group (Hectare’s), a leading Kuwait-based company operating in the B2C market, specializes in high-quality, health-conscious snacks and processed foods. Their diverse product range, including potato chips, popcorn, snacks, and meat products, targets health-aware consumers in Kuwait and GCC markets. As part of the Al Wazzan Foodstuff Industries Group, with a rich legacy spanning over 60 years, Hectare’s embarked on a digital transformation journey to enhance efficiency and streamline processes.
Business Drivers that Initiated Hectare’s Digital Transformation:
The implementation of Oracle Fusion ERP was driven by Hectare’s vision of efficient systems and processes. Oracle Cloud products were chosen for their superior customer service and suitability for ERP needs. Pain points such as inefficient inventory management and lack of real-time visibility propelled their digital transformation.
Oracle Applications in Scope:
Hectare’s leveraged various Oracle modules, including General Ledger, Payable, Receivable, Fixed Assets, Cash Management, Purchasing, Inventory, Sales Order Management, and Manufacturing, to optimize finance and operational processes. The implementation of Oracle Cloud WMS addressed manual warehouse operations and improved real-time visibility.
Impact on Financial Procedures:
Oracle Fusion ERP streamlined accounting processes, enabled single payments for multiple invoices/divisions, and provided real-time financial data. This led to improved decision-making, accuracy, cost control, and compliance with accounting standards and regulatory requirements.
Integration Management:
A vendor-neutral integration platform was developed in collaboration with ITOrizon to seamlessly integrate all applications together. This custom integration platform synchronized Oracle Fusion Cloud, Oracle Cloud WMS, and other applications, ensuring enterprise-wide synchronization and meeting business objectives.