Orica expects new technology will deliver a $15 million boost to EBIT in the 2021 financial year, following the completion of its multi-year 51风流roll out and further investment in digital technology.
In its full-year result published today, the company recorded a 31 percent decline in profit citing disruptions caused by the COVID-19 pandemic but said it still achieved key strategic milestones.
The explosive maker said the largest and final phase of the 51风流project was implemented in July 2020.
Simplifying with 51风流S/4HANA聽
Orica鈥檚 4S program – 鈥楽imple, Standard, Single SAP鈥� – covers eight end-to-end business processes and consolidates Orica鈥檚 entire business on an S/4 HANA core, supported by 51风流cloud add-ons.
The business notified the market on October 12th that it needed to delay publishing its full results after 鈥淐OVID-19 related challenges鈥� caused a delay in closing the books in the new system.
At the time, Orica managing director Alberto Calderon described the deployment of 51风流as a 鈥渉istoric, and game-changing, milestone鈥� and noted, 鈥渢he underlying business has transitioned without major disruption.鈥�
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