Drake & Scull International (DSI) has signed an agreement with Oracle to implement their Oracle JD Edwards Enterprise Application Modules.
DSI will be implementing an integrated ERP to address challenges in the construction industry by seeking business value from next generation IT applications.
Factors such as increase in project risk, complexity, the growth of long-term contracts and opportunities in post construction services create both challenges and opportunities for the Engineering, Procurement and Contracting industry. Oracle solutions are meant for addressing these business challenges.
DSI’s new IT structure will cover integrated Enterprise Applications for Financials, Supply Chain, Project Management, Human Capital Management, Business Intelligence and Enterprise Performance Management. The Oracle ERP integration is aimed boosting productivity, achieve efficiency and reduce costs through intelligent business processes.
The prime focus of the offerings is to improve key operations from initial project identification through contract closeout. The solution will integrate information across departments to write proposals, enable project collaboration, choose the best subcontractors and suppliers, control project execution, improve consistency in forecasts, and streamline payment collection.
Implementations of these web enhanced systems are scheduled to be deployed on private cloud Architecture for agile availability with importance being given to business continuity and disaster recovery.
“DSI is leading the adoption of modern technology in the industry which regionally still lags behind global standards. It is our mission to leverage this integrated ERP solution to streamline the business management processes and indeed reduce costs and finally pass these benefits to our clients. Our vision is to empower every aspect of our business with cutting edge technologies; and through this transaction with Oracle JD Edwards Enterprise, this is now a reality,” said Khaldoun Tabari, CEO of DSI.
“We expect the integration of the system to start immediately across all our areas of operations in region. Our staff will undergo extensive training tailored to the requirements of all cross functional departments and our existing IT infrastructure will be upgraded to enable a smooth implementation of the system which due to be completed by next year,” Tabari added.