Specialty Papers is in the process to implement SAP ERP solutions to put in place a single integrated information system that will provide real time and precise information allowing the company to take accurate and timely decision-making.
With the implementation, sales realization is likely to come down by 4-5 days and the turnover would rise by at least 20% with a 5% reduction in overall inventory. Besides, production time will also be saved as information regarding order booking will be available online. There will also be an improvement in customer service and 10% reduction in customer outstanding.
The company’s major growth plans and managing of the whole operations of Reliable Group increased the necessity for implementation the SAP solutions, the company stated in its announcement made to the BSE.