Eastern Company (EAST) has partnered with multinational software company SAP Global to implement the enterprise resource planning (ERP) system throughout the tobacco giant’s operations.
What is ERP👀 ERP is software that automates business processes, & provides insights based on input collected from various departments including accounting, sales, supply chain management, marketing, & human resources.
More Details🧐 EAST has dubbed the project “the largest digital transformation project in Egypt,” & attributed this statement to the company’s “overlapping processes at all operational stages.”
The project is expected to be implemented across the entire company by October, 2023.
Why is this Important🤔 International corporations use ERP to develop administrative & financial systems, as well as improve project management & general performance.
EAST closed yesterday’s trading session 0.75% down.
