Blue Star Infotech launches Oracle Accelerate Solution for the Indian Chemical Industry

Blue Star Infotech Limited has strengthened its relationship with Oracle by announcing an Oracle Accelerate Solution for the Oracle E-Business Suite aimed at the Chemicals Industries in India. BSIL is qualified to implement Oracle Applications using Oracle Business Accelerators for the Indian market. By leveraging Oracle Business Accelerators for the Oracle E-Business Suite, coupled with its domain knowledge of the chemical industry, BSIL will be able to reduce the ERP implementation costs by 25-40% and implementation time by 30-40% for chemical manufacturing companies in India.

Oracle Business Accelerators are an industry-leading set of tools for rapid implementation of Oracle Applications that reduce time, cost and implementation risks of Oracle Applications and are based on country and industry specific best practices and business processes.

ERP implementations in the chemicals industry pose a number of challenges due to their peculiar operational complexities, compliance and regulatory requirements. These are coupled with a higher degree of variety of production processes. Using Oracle's Process Manufacturing Solution, the chemical manufacturers can:

- Derive real-time visibility into quality at every production phase.
- Optimize chemical production and formulation and minimize production variance
- Optimize inventories considering perishability and shelf life of materials, enabling FEFO
- Automate maintenance of hazardous materials documentation to support compliance.

The stock was trading at Rs.95, up by Rs.0.30 or 0.32%. The stock hit an intraday high of Rs.95.80 and low of Rs.92.70.

The total traded quantity was 1088 compared to 2 week average of 1080.

Source : Equity Bulls

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