OVERVIEW
Forte Oil is an indigenous petroleum marketing company with structured operations and strategic policies to continuously improve product delivery to its customers. A major player in the downstream sector of the Nigerian oil and gas sector, Forte Oil prides itself on delivering prompt, quality and effective services to customers nationwide.
THE NEED
The client needed a fully automated financial and supply chain management system in order to serve customers better and reduce wastage in the organisation.They needed:
• An integrated Supply Chain Management
• An integrated Procure to Pay Process
• Receivable Management , Invoice Management
• Accounting and Financial Close Management
• Financial Planning and Analysis
• Asset Integrity and Workforce Management
• Improved Production Planning and Operation
SOLUTION
In order to increase operational efficiency and savings with near real-time visibility into organizational spend, SERVE implemented the following modules of the SAP ERP solution for FORTE:
• Materials Management – Inventory Management, Procurement
• Production Planning – Production Planning and operations
• Sales and Distribution – Sales Process and goods Distribution & Delivery Management
• Finance & Controlling – Receivable Management, Financial Planning, Invoice Management, Asset Management
• Human Resources – Reporting Structure, Workflows, Personnel Administration & Time Administration
RESULTS
As a result of the partnership with SERVE consulting to deploy an ERP system that addressed their needs, the client was able to:
• Report on and analyse massive amounts of cross-functional transactional and operational data to help capture growth opportunities.
• Improve information visibility and access by accessing spend data across multiple source systems
• Drive faster and better decision making by analysing enriched data from multiple sources to better understand and execute on procurement savings opportunities
• Use this integration to improve and speed up operational decision making, increase deferment understanding, and improve production loss.
• Improve the efficiency of revenue and venture management
• Empower sales personnel to order, schedule, deliver, and confirm product supply efficiently, and accurately
Competitive Advantage
The Forte Oil project was delivered with 95% local consultants from SERVE.
At SERVE our key strength has been our reach and diverse local industry expertise