The National Shipping Company of Saudi Arabia (NSCSA) announces successful implementation of the unified system of the Enterprise Resource Planning (Oracle ERP). The system was implemented by EJADA and based on the best international practices and methods, offering the ability to define & measure the company's Key Performance Indicators (KPIs) along with providing a set of reports necessary to help in making strategic decisions. This was in consistency with the company strategic plan to promote its competitive capabilities and in continuation of its efforts deployed to be complied with the standards and laws regulating its financial, administrative and operational activities.
By achieving this, the company completes the initial stage of its strategy related to Information Technology named "Manarah". This strategy is consistent with the company plan aiming to have the latest developed technologies, systems and applications to support all the sectors and departments of the company, to keep up with the growth and to improve the level of its services.
NSCSA has also succeeded in implementing the unified budget system that is based on Oracle Hyperion, aiming at facilitating the preparation and supervision of the annual budget, along with providing the reports necessary to monitor the overall expenses and incomes according to the approved budget, and also avail the unified reports of the financial position, cash flows and income statement including other financial reports that depend on the direct electronic link between the main corporate systems and the company business units systems.
During the second half of 2010, the company gradually began to use the implemented new systems according to the plans set for this purpose which follows the project management methodology (PMI) and the international Oracle methodology to accomplish Manarah project.
On this occasion, Mr. Saleh Al-Jasser, the CEO of NSCSA, expressed his pride for having successful implementation of Manarah project. This comes as a confirmation of the leadership the company has taken, as the first company in the Middle East to implement an information system for corporate governance and risk management that enhance the quality of disclosure and in the process contributing to the company commitment to the standards and laws governing its activity.
He added: This achievement represents further advanced steps in the journey of the company and its development, where the company before the implementation of these systems, had restructured the business processes for the purpose of improving them to ensure bridging the gaps between the current practice and the new systems needs and in a way that is consistent with the nature of the company activities, furthermore train the users of these systems so as to ensure optimum use of this new technology applied.
He confirmed that this project represented a quantum leap in the company business and march, noting that the initiatives of the company strategy in the Information Technology revolved around developing the IT Infrastructure, enhancing the security of information and communications, ensuring continuity of IT services, developing human resources to be capable of providing the necessary support with high quality for all users, and managing the entire systems professionally in a way that meets the current and future requirements of the company.
Al-Jasser thanked EJADA, Oracle, KPMG and HP for their support, commitment and continued effective and positive contributions which ensured the success of Manarah project, pointing out that the company plans this year to expand the usage of the new systems as part of the second phase, along with beginning to establish new projects such as a backup Data Center to ensure the continued availability of the most critical systems around the clock.
-Ends-
For further information, please contact:
Orient Planet PR & Marketing Communications
P.O.Box: 40207, Jeddah 21499
Kingdom of Saudi Arabia
Tel: 0096622572300
Fax: 0096622572300
Email: saudi@orientplanet.com
Website: www.orientplanet.com
Orient Planet PR & Marketing Communications
Dubai, United Arab Emirates
P.O.Box: 23345
Tel: 00971 4 398 8901
Fax: 00971 4 398 8941
Email: media@orientplanet.com
Website: www.orientplanet.com
© Press Release 2011
