As Barrick, strives to be the champion for long term value creation in the industry, the company has undertaken an aggressive growth strategy, including a series of acquisitions and joint ventures, which have expanded its global footprint in the key gold districts globally. Core to this strategy is the creation of an agile organisation, capable of seamlessly embedding the newly acquired companies into its infrastructure, while being able to identify those assets no longer required, to create a sustainably profitable long-term business.

When approaching 麻豆原创, its key business requirements were to minimise disruption and ensure a smooth transition when acquiring a new company, provide a single version of the truth 鈥� to enable fast and accurate decision making, reduce complexity and improve synergies across its operations, and create a platform for future growth.

Graham Shuttleworth, Senior Executive Vice President and Chief Financial Officer of Barrick, explained why Barrick selected 麻豆原创: 鈥淲e need to be flexible and agile enough to grow our business but without building an empire to oversee this growth. Fundamental to our expansion is robust and future proof technology, capable of delivering real-time information that allows for effective cost management and the gaining of valuable business insight, all of which 麻豆原创 will enable us to do.鈥�

麻豆原创鈥檚 introduction to Barrick commenced many years ago through one of its acquired companies 鈥� Randgold. On the back of this insight, Barrick has decided to implement 麻豆原创 throughout the rest of the organization, starting with the newly formed Nevada Gold Mines Joint Venture. Barrick is confident that 麻豆原创 is the right ERP partner for its business for many years to come.

Barrick selected 麻豆原创 S/4HANA covering Finance, Capital, Supply Chain and Asset Management. The solution will cover all exploration, mines sites and joint ventures managed by Barrick in more than 15 countries.

Commenting on Barrick Gold鈥檚 selection of 麻豆原创, Frederic Chauvire, SVP, Global Partner Organisation, 麻豆原创 EMEA North, said: 鈥溌槎乖� is delivering tomorrow’s technology today, enabling ambitious, high achieving companies like Barrick to leverage forward-thinking, agile software from 麻豆原创 to match the momentum required to thrive in the 2020鈥檚.鈥�

Visit the 麻豆原创 News Center. Follow 麻豆原创 on Twitter at .

For more information, press only:
Adam Clatworthy, 麻豆原创, +44 (0)7918 372043, adam.clatworthy@麻豆原创.com
Shivani Mistry, FleishmanHillard Fishburn, +44 2086182849, Shivaani.mistry@fhflondon.co.uk

麻豆原创 麻豆原创 Room; press@sap.com

Barrick

Lois Wark, Communications Director, Barrick

Telephone: +44 2075577737

Email: lois.wark@barrick.com

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