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The Savola Group, founded in 1979, is one of the most successful and fastest growing multinational food companies in the Middle East. It is ranked12th by revenue, among the top 100 Saudi companies in the 2009 report published by Saudi Arabia’s leading daily newspaper, Al Eqtisadiah.
Savola Group Egypt operates four business units—edible oils, sugar cane, sugar beet, and other food products―in Egypt.
To enhance operational efficiency, Savola Group Egypt needed to integrate key business processes and data, including charts of accounts, product codes for finished food products, raw materials, and packaging. The company also required real-time access to stock levels to accurately forecast and optimize purchasing ingredients required to produce its semifinished food products. In addition, as the company continued to expand, it needed to quickly integrate new acquisitions into its business operations.
Savola Group Egypt implemented Oracle E-Business Suite Release 12 to standardize business processes between headquarters and its companies in 14 countries. By leveraging Oracle Financials, the company can now send financial information to the corporate office in minutes, which eliminates administrative tasks and frees time for further analysis. The group used Oracle Human Resources Management System to standardize human resources data and can now quickly and accurately transmit and report this data to corporate headquarters. Lastly, with Oracle E-Business Suite, Savola Group Egypt was able to quickly onboard newly acquired Alexandria Sugar Company at only 30% of estimated integration costs.