Emirates Steel Transforms Operations with SCH Supplier Solution

Challenges

Before implementing the SCH Supplier Solution, Emirates Steel faced several challenges with their previous supply chain system:

• Cost-Ineffectiveness: The previous solution was expensive to maintain and operate.
• User-Unfriendliness: The interface was not intuitive, leading to inefficiencies and user frustration.
• Lack of Customizability: The solution could not be tailored to meet specific business needs.
• Technical Issues: Problems such as data syncing issues, inconsistent reporting, and integration difficulties were common.
• High Operational Costs: The overall cost of managing the supply chain was high, affecting profitability.

The SCH Supplier Solution

SCH introduced Emirates Steel to the SCH Supplier Solution, which comprises seven key modules:

• Vendor Management: Centralizes and streamlines the management of supplier relationships, ensuring better compliance and performance tracking.
• Sourcing: Facilitates the identification and selection of suppliers, ensuring that procurement activities are cost-effective and aligned with company goals.
• PO Collaboration: Enhances collaboration on purchase orders, improving accuracy and reducing processing time.
• Auction: Enables competitive bidding among suppliers, ensuring the best prices and terms for procurement needs.
• Contract Management: Streamlines the creation, negotiation, and management of contracts, reducing risk and ensuring compliance.
• ES Specific Requirements: Tailors the solution to meet Emirates Steel Arkan’s specific needs, ensuring that the solution is fully aligned with the company’s operational and strategic goals.
• Analytical Reporting: Provides detailed insights and analytics, helping to make data-driven decisions and continuously improve procurement processes.

Implementation Highlights

The implementation of the SCH Supplier Solution at Emirates Steel resulted in impressive statistics, highlighting the efficiency and effectiveness of the new system:

• 2,400+ Suppliers: Managed seamlessly through the Vendor Management module.
• 15,100 Invoices Processed: Streamlined through PO Collaboration, ensuring accuracy and efficiency.
• 11,900 Purchase Orders (POs): Handled quickly and accurately, reducing processing time and costs.
• 3,500 Requests for Quotations (RFQs): Processed through the Sourcing module, ensuring competitive pricing and supplier selection.

Business Benefits

The SCH Supplier Solution effectively addressed the challenges faced by Emirates Steel, providing a seamless, reliable, and user-friendly supply chain management solution. Key benefits included:

• Cost Reduction: Significant decrease in operational costs due to efficient processes.
• Improved Compliance and Performance: Better supplier management and performance tracking.
• Enhanced Collaboration: Improved accuracy and reduced processing time for purchase orders.
• Data-Driven Decisions: Detailed insights and analytics enabled continuous improvement.

Recognition and Appreciation

The successful implementation of the SCH Supplier Solution was celebrated at the SCH Digital Transformation Recognition Event hosted by Emirates Steel Arkan in Dubai. The event highlighted the significant improvements in supply chain management and the overall positive impact on the company’s operations.