1. Business challenge
Petrochemicals giant Sipchem wanted to find ways to cut costs and increase central services efficiency. How could it align people, processes and technology to drive margins and raise profitability?
Transformation
As globalization transforms the petrochemicals industry, players must find efficiencies to remain competitive. Seizing the initiative, Sipchem engaged IBM to integrate back-office processes, helping to cut costs and increase profitability. Executives can now focus on core business success, on innovation, and on winning in the global marketplace.
“With help from IBM and SAP solutions, our performance reporting capabilities have been completely transformed.”
—Abdullah Al Belaihed, General Manager of Shared Services, Sipchem
Abdullah Al Belaihed, General Manager of Shared Services, Sipchem
Business benefits:
35%
increase in process efficiency drives higher margins
25% reduction in internal services delivery costs contributes to profitability
Unlocks
the agility needed to compete successfully
Sipchem
Refines back-office processes to cut costs, improve efficiency and enhance profitability
Solution components:
SAP® BusinessObjects™ Planning and Consolidation
SAP ERP
SAP Fiori®
SAP Manufacturing Integration and Intelligence
IBM® Global Business Services® - Application Management Services
Established in 1999, Sipchem is a globally recognized manufacturer, producing and marketing more than 2.4 million metric tons of petrochemicals each year. Following its success over the past decade, Sipchem continues to deliver impressive growth while maintaining its commitment to excellence and innovation. The company currently employs more than 1,100 people from all around the world.
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Client Name
Sipchem
Company Background
Established in 1999, Sipchem is a globally recognized manufacturer, producing and marketing more than 2.4 million metric tons of petrochemicals each year. Following its success over the past decade, Sipchem continues to deliver impressive growth while maintaining its commitment to excellence and innovation. The company currently employs more than 1,100 people from all around the world.
Business challenge
Petrochemicals giant Sipchem wanted to find ways to cut costs and increase central services efficiency. How could it align people, processes and technology to drive margins and raise profitability?
The benefit
Within a year, Sipchem increased process efficiency by 35 percent and reduced the cost of internal services delivery by 25 percent, enabling a full return on investment and boosting competitiveness.
Pull Quote
“With help from IBM and SAP solutions, our performance reporting capabilities have been completely transformed.”
—Abdullah Al Belaihed, General Manager of Shared Services, Sipchem
Solution components
SAP® BusinessObjects™ Planning and Consolidation
SAP ERP including environment, health and safety, financials and controlling, human capital management, materials management, plant maintenance, production planning, quality management, and sales and distribution
SAP Fiori®
SAP Manufacturing Integration and Intelligence
IBM® Global Business Services® - Application Management Services
Case study Link
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