Business

IFS, an international business applications company, declares that International Maritime Industries Company (IMI), a landmark joint venture between Saudi Aramco, Lamprell, Bahri, and Hyundai Heavy Industries, has carried out the first deployment of IFS Applications to assist maintenance, repair, overhaul (MRO) contracts and back-office operations.

Situated in Ras Al-Khair on the east coast of Saudi Arabia, IMI, when completely operational, will be the biggest maritime facility in the region and internationally unique in terms of its mix of services across multiple market segments: new build and MRO for commercial vessels which includes very large crude carriers(VLCCs), bulk carriers, offshore support vessels (OSVs), and offshore jackup rigs.

To promote productivity and make sure efficiencies throughout its operations, the company wanted a modern, completely integrated ERP solution with strong functionality, planned for the maritime industry. Following a complete evaluation process that included major ERP vendors IMI chose IFS Applications.

Following the successful implementation of phase 1, IFS Applications now assists mission-critical processes and operations and is entirely integrated with finance, human capital management (HCM), payroll, and procurement.

We are attracted with the capabilities of IFS Applications 10 and look forward to a lengthy and healthy partnership with an international ERP provider that has a successful track record in supporting companies in the shipbuilding industry, stated Mr. Emad Al-Humam, Vice President of Information Technology at IMI. The open architecture of the IFS platform strengthens us to effortlessly relate our best-of-breed systems to our ERP backbone and thereby get invaluable operational insights. By investing in a central, integrated platform, IMI will get developed business insights via complete process visibility. As we look forward on the next phase of the installation process, we can depend on IFS Applications to help us improve the efficiency of our core processes and working strategies.

Mehmood Khan, IFS Managing Director, Middle East, added, We are delighted that our technology plays a part in bringing about improvements in efficiency, as well as greater visibility and integrity across IMIs vast scale of operations. IFS completely understand the business difficulties related with such a large-scale implementation. With our knowledge and best practices, we look ahead to handing over an excellent solution that will meet the high standards of IMI.

The IFS solution will be implemented by IFS Partner DAR.ME.

To know more about how IFS supports companies in the shipbuilding and maritime industry: www.ifs.com/ae/industries/engineering-construction-infrastructure/shipbuilding-maritime/.

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