Signs deal with leading plastic injection moulding company Fu Yu
Singapore — SAP has strengthened its hold on Singapore’s contract manufacturing industry with today’s announcement that it has sealed a deal with Fu Yu Manufacturing Ltd, one of Singapore’s largest plastic injection moulding and mould manufacturers..
This win follows successes that SAP Singapore has scored over the last two years with Tier One and Tier Two contract manufacturers in Singapore that include luminaries like Omni Manufacturing, Venture Manufacturing, Gul Technologies, Li Xin and Amtek Engineering. These companies have selected mySAP.com as the cornerstone for e-enabling and managing their supply chain better by linking their logistics execution to collaborative planning and scheduling with their partners in the value chain.
Under the terms of this agreement, SAP will help Fu Yu Manufacturing to integrate and their business processes to improve efficiencies and also bring its regional operations under one e-business platform through mySAP.com. Fu Yu Manufacturing plans to implement a robust and flexible supply chain that extends to Singapore, Malaysia, China and Mexico. The company kicked off the project on April 2 2001.
“In today’s new economy, it is critical that we leverage the Internet to create value and address the needs of our customers, partners, and employees. With mySAP.com we will be able to integrate our processes and systems so that we can better collaborate with our stakeholders, and empower our people to better manage the new business economy and be more responsive, even as we expand our operations across continents,” said Steven Ho, Executive Director of Fu Yu Manufacturing.
“I am delighted to welcome Fu Yu Manufacturing to our extensive contract
manufacturing customer base. To take on the SCM market, it is critical for us to build a strong customer base across the contract manufacturing value chain. Our earlier wins with other Tier One players have resulted in a domino effect that is helping us sew up the other wins,” said Bob Armstrong, Managing Director of SAP Singapore.”
Together with partner PriceWaterhouseCoopers, SAP is now in Phase One of the mySAP.com implementation, which will see the roll-out of mySAP Financials, Sales and Distribution, Materials Management and Production Planning in Fu Yu Manufacturing’s operations in Ang Mo Kio and Tuas. Phase Two, which is planned from the fourth quarter of 2001, will see the roll-out of mySAP.com at eight of Fu Yu Manufacturing’s plants in Malaysia, China, and Mexico.
About Fu Yu Manufacturing
Fu Yu Manufacturing Ltd. is one of the largest, one-stop supplier in the field of precision mould fabrication, injection moulding and assembly in the region. The company’s services are vertically integrated, providing a comprehensive one-stop service centre to customers; from industrial design to the production of the final product. This vertical integration of the
processes within the supply chain allows for greater efficiency and reduced cycle time. Fu Yu has manufacturing facilities in Singapore, Malaysia, China and Mexico and sales office in USA. Listed on the Singapore Stock Exchange, its corporate headquarters is located in Singapore, which is the pivoting point for the company’s business development.