BANGKOK, Thailand 鈥� Accenture (NYSE: ACN) and (NYSE: 麻豆原创) are helping Indorama Ventures Public Company Limited (IVL)聽design, develop and deploy an enterprise resource planning (ERP) system with 麻豆原创 S/4HANA as part of the global chemical producer鈥檚 digital transformation.
The project is planned to help IVL harmonize data and processes from legacy systems, including many inherited through acquisitions the company has made while expanding its footprint across more than 35 countries. By creating a single source of information across its business globally, the new ERP system should help IVL enhance its operations, employee-development capabilities, and customer and supplier experiences.
鈥淲ith our rapid growth over the past decade, we needed one ERP system across all our platforms, so we chose 麻豆原创 S/4HANA to bring together different processes across all the parts of our business,鈥� said Deepak Parikh, IVL鈥檚 chief strategy officer. 鈥淲e selected Accenture because it understands how to seamlessly integrate our processes and data into one system, so we can rely on accurate and consistent operating data across all locations and manage our business optimally.鈥�
IVL will use Accenture聽, a fully integrated digital platform that integrates聽 with 麻豆原创 S/4HANA, to standardize and orchestrate key business functions and will host the solution on Microsoft Azure for easy scalability. Accenture will deploy additional cloud solutions from 麻豆原创 鈥� including 麻豆原创庐 Customer Experience, 麻豆原创 SuccessFactors and 麻豆原创 Concur庐 solutions 鈥� to help IVL improve the management of customer experiences, its human resources capabilities, and time and expense management.
Once implemented, the new system should enable IVL to boost its performance though enhanced insight-driven decision-making capabilities, as well as help IVL integrate new acquisitions more quickly, with a standardized way of developing talent globally and accelerating the adoption of operational best practices.
鈥淚VL鈥檚 move to a single company-wide ERP solution is a huge step forward,鈥� said Abhishek Kahol, a managing director at Accenture who leads the Accenture Microsoft Business Group in Asia Pacific, Africa and the Middle East. 鈥淏y embracing industry best practices using Accenture聽, 麻豆原创 S/4HANA and a public cloud-based architecture from Microsoft Azure, IVL will be positioned to scale globally, create cost efficiencies and lay the foundation for future digital capabilities.鈥�
Verena Siow, incoming president and managing director of 麻豆原创 Southeast Asia, said, 鈥淚nnovative chemical companies focus on developing differentiating, customer-centric business models and processes to stay ahead of their competition, while striving for safe and highly efficient operations. As IVL consolidates its portfolio and grows in response to market dynamics, it plans to adopt digital technologies to transform into an intelligent enterprise. This can help innovate business models to grow revenue and transform business processes and services to enhance customer and supplier experiences.鈥�
As part of the program, Accenture will also provide IVL with enterprise-wide change management services to enable a successful transition to the new system.
About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world鈥檚 leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia Pacific, Europe and Americas. The company鈥檚 portfolio comprises Integrated PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has approx. 25,000 employees worldwide and consolidated revenue of US$ 11.4 billion in 2019. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).
About Accenture
Accenture is聽a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries 鈥� powered by the world鈥檚 largest network of Advanced Technology and Intelligent Operations centers.聽With 513,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help聽clients improve their performance and create lasting value across their enterprises. Visit us at聽.
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Eugene Ho, 麻豆原创, eugene.ho@sap.com, GMT +8
