- Al Qaryan and SAP Join Forces Towards Supporting a Sustainable Future
- GCC’s First Recycling Company to Adopt SAP’s Real-Time Solutions
- Al Qaryan Holding to Optimize Operations, Costs, and Employee Experiences
DAMMAM, Kingdom of Saudi Arabia – 20 September 2021 –
Al Qaryan Holding, the leading metal recycling, processing, and trading company, announced today it is driving innovation in the Gulf Cooperation Council (GCC)’s USD 6 billion (SAR 23 billion) recycling market, thanks to a digital transformation partnership with global technology company SAP.
One of MENA’s larger recycling companies, Al Qaryan Holding has 27 facilities for a total of more than 1 million tons per year. Al Qaryan Holding’s activities include metal and WEEE recycling, logistics and treatment of reuse materials and equipment, waste management services, dismantling and demolition.
Under the Saudi Vision 2030, Saudi Arabia continues to advance its circular economy initiatives to align globally, with the potential to reach 90 percent rate of recycling metal that is seen in more developed circular economies. With these huge efforts in circular economy Saudi Arabia is primed to support environmental sustainability.
Further leading innovation in the region’s recycling market, Al Qaryan Holding is the first recycling company in the Middle East and North Africa to digitally transform with SAP intelligent solutions, which will enable Al Qaryan Holding to innovate, optimize its operations, better product costing, and do data-driven decision-making for its regional expansion plans of near future. Al Qaryan Holding and SAP leadership also agreed to join hand for future sustainability initiatives.
“As the GCC’s demand for end-to-end recycling grows, Al Qaryan Holding needed real-time insights to deliver operational excellence across our occupational health and safety, facilities, people, fleet, and maintenance,” said Mohammed Al Qaryan, Chairman, Al Qaryan Holding. “Our digital transformation with SAP will enable us to deliver the highest quality services, products, enhance customer satisfaction, and better working environment.
In terms of solutions, Al Qaryan Holding is set to adopt RISE with SAP, along with the SAP S/4HANA real-time business suite, the SAP SuccessFactors human experience management suite for talent development for its more than 1,500 employees, and the SAP Analytics Cloud.
“Al Qaryan Holding shows how Saudi Arabia’s organizations can digitally transform on the cloud into Intelligent Enterprises,” said Ahmed Al-Faifi, Senior Vice President and Managing Director, SAP Middle East North. “Al Qaryan Holding can optimize its operations and materials trading, customer and employee experiences, and support the region’s circular economy and sustainability goals.”
SAP’s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.