Leading Myanmar retailer City Mart Holdings (CMHL) has now gone live with SAP S/4HANA in a bid to enhance its operational capabilities and to streamline its business processes, enabling the company’s management to make the critical real-time business decisions needed in today’s retail arena.
From humble beginnings with one outlet in 1996, Daw Win Win Tint has built a nationwide retail business comprising more than 200 stores and more than 8500 employees. CMHL now operates a wide range of retail business, from supermarkets, pharmacies and bookstores to baby stores, food and beverage shops. To meet the expanding needs of the business and to position the company for future growth, CMHL decided it was time to replace its ageing back-end systems.
“We chose to collaborate with SAP to help us drive greater transparency and productivity in our businesses and whilst it is early days we believe that it will increase business performance,” said Carl Crick, chief financial officer, CMHL.
In the first phase of implementation, CMHL is implementing the SAP S/4HANA Finance module, SAP Accounting powered by SAP HANA, SAP Cash Management powered by SAP S/4HANA, SAP Fiori Applications, SAP Project Systems, Procurement for fix assets and Process Orchestration for interfaces with legacy systems.
“With SAP S/4HANA, we aim to improve the way we manage our financial reporting with accurate real-time insights into our financial results. The solution will support us to centralise and consolidate our financial data, which will help our management make decisions faster and more accurately. This will be key to our strategy as we look to the future,” said Crick.
“By leveraging SAP S/4HANA, [CMHL] can expect to increase productivity, improve inventory management, promote quality and effective human resources management, reduce material costs and expenses, and boost profits,” said Liher Urbizu, managing director, SAP Indochina.
He said that leaders who miss the opportunity to share essential information in real time risk erosion of their business models and enterprise value and he emphasised the importance of digitalisation for companies such as CMHL seeking to grow and thrive in the fast-changing, highly competitive retail space.
