ISSN: 1391 - 0531
Sunday April 06, 2008
Vol. 42 - No 45
Financial Times  

Renuka Group selects IFS ERP Solution

IFS Sri Lanka yet again made their presence felt in the world of ERP solutions signing up with the Renuka Group to implement manufacturing and process-oriented solutions for the company to gain a competitive advantage.

Commenting on the contract, Vice President South Asia, Jayantha de Silva, said “Taking into consideration that the Renuka Group is one of the leading export organizations, we expect to further enhance their leadership and strengthen their global presence. We look forward to implement IFS, which will augment the Renuka Group’s unique processes that have led them to become a highly competitive entity in the EU market.”

Yasas Gunaratne, Manager-Sales IFS Sri Lanka said that the Renuka Group concentrates mainly on the global market and faces many challenges by other foreign multinationals. “Margins on sales made are reducing day by day due to the increase in local raw material prices and other related costs, making the competition more intense. We hope to put the Renuka group through a metamorphosis which would magnify their multi-site planning, improve their level of accountability and infuse them with the information to make precise and more profitable business decisions.”

 

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