Magnesite Industrial Complex JSC (part of) has recently introduced the new investment and capital development managing software based on mySAP Business Suite.

As Magnesite Group spokesperson said to UrBC representative, the project was carried out by the Complex professionals alongside with the highly reliable IKT Company with 15 years’ experience in IT consulting. IKT proffered an original way to manage the corporate investments and capital development by enriching the company’s SAP R/3-based information system with new automated functions.

According to the Deputy GD Evgeniy Nenashev, this automation will lead to a more organized investment activity, which, in its turn, is going to reduce the time needed to construct new buildings, renovate and update the production process. It will also provide for the uninterrupted supply of finances, workforce, and material resources. The project had been completed within just nine months, mainly due to Magnesite employees’ professional competence.

Throughout 2006 and 2007, the Complex is planning to further develop its corporate information system, for instance, introduce new modules: Quality Management, Planning, and Production Planning, and Technical and Repair Management.