Smiths Medical Delivers US$25 Million Annual Savings and Reduces Inventory by US$50 Million With Single Global Technology Platform
At Smiths Medical, a leading supplier of specialist medical devices and equipment for global markets, an acquisition strategy produced a series of disparate technology platforms and standalone Enterprise Resource Planning (ERP) systems throughout its multiple divisions. Smiths Medical also wanted to build a scalable, flexible IT environment that would allow it to leverage its market-leading position and continue generating strong cash flow and profitable growth. Smiths Medical already had embarked on the journey from multiple standalone organization to an integrated, worldwide business. To power this global business transformation program, Smiths Medical chose to standardize on a comprehensive suite of Oracle E-Business Suite applications.