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INSTALLATION OF A SAP PACKAGE IN SARANTIS GROUP

11 SEPTEMBER 2007

    
PRESS RELEASE

Within the framework of its strategic decision for development and further strengthening and aiming, amongst others, at reinforcing its organisational excellence, Sarantis Group decided to install a SAP enterprise resource planning (ERP) system. This way, the Group can better meet the needs of both the modern market and the competitive environment, wherein it operates.

The implementation of the project started in the beginning of September 2007. It is estimated that the new system will operate efficiently in January 2009, while in June 2009 a study will begin for the application of the system to the Group’s subsidiaries as well. 

Sarantis Group’s objective is to acquire a new tool, which will benefit the Group not only through the use of a common Data Centre and a software shared among all companies/countries, but also through “Business Unification” which will be achieved by means of applying compound flows and processes, compound operations, compound and unified Structures and unified policies and principles throughout the Group and more particularly in the fields of Market Organisation, Sales Organisation, Customer/Supplier Files, Accounting, Cost and Profit Centres, Global Agreements, etc.

Applying the ERP software, the management of the Group aims at achieving its strategic goal of creating a company characterised by organisational excellence and value.

Indicatively, the application of this software bears the following advantages:
  • Increased customer satisfaction,
  • Inventory reduction,
  • Business unification,
  • Decentralisation of decision-making,
  • Paperless Office,
  • Cost reduction of products and/or services,
  • Improved productivity, efficiency and response,
  • Application of Economic Value Added (EVA) to the Budget and Balance sheet,
  • Best Corporate Practices Implementation.

Sarantis Group is Accelerating Digital Transformation with SAP

Sarantis Group is embarking on an exciting new journey, becoming the first customer in the world to choose the RISE with SAP S/4HANA Cloud, private edition, premium plus. In addition to embracing RISE with SAP, Sarantis Group has also integrated SAP Business Technology Platform (BTP) as the fundamental platform guiding its digital transformation.
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