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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Kia Motors (Lanka) partners Aitken Spence to deploy Oracle Solution

Kia Motors (Lanka) partners Aitken Spence to deploy Oracle Solution

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Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Kia Motors (Lanka) Limited has successfully deployed Oracle E-Business Suite to integrate and streamline the company’s operations. The deployment was completed in 14 months by Aitken Spence Technologies, a Gold level member of Oracle PartnerNetwork (OPN).
Prior to the deployment of Oracle E-Business Suite, the legacy systems were providing an isolated view of the business operation, while too many tasks including intercompany invoicing were being done manually. With the help of Oracle E-Business Suite and its modules, Kia Motors (Lanka) has completely automated the process from quotation to post-sales servicing at its head office in Colombo and its post- sales servicing centers at Peliyagoda, Baseline Road and Kurunegala.
The Oracle solution has enabled KIA Motors to track end-to-end customer and vehicle history, customer sales process and advance payment, while automating intercompany sales and stocks deduction.
Speaking at the go-live ceremony for the implementation, the company’s Managing Director Mahen Thambiah described it as a significant step forward the progress of Kia in Sri Lanka, a brand that has achieved significant growth in the market over the past few years to become one of the highest selling automobile brands in the country.
Aitken Spence Technologies implemented the solution, which was fully integrated with the Kia’s existing IT infrastructure.
The implemented solution includes Oracle Financials, Oracle Inventory Management, Oracle Purchasing, Oracle Order Management, Oracle Landed Cost Management, Oracle Service Contracts and Oracle Depot Repair.
“With the implementation of Oracle E-Business Suite, we are hoping to empower KIA to become more agile and dynamic and able to adapt to the fast moving automobile industry, helping it strengthen its position as a leading player in the market,” said Vipula Gunetileka, Director/Chief Corporate Officer of Aitken Spence Technologies. “Oracle solutions will also help produce key performance indicator (KPI) reports for Kia’s supply chain and finance operations.”
“The need to be able to take quick and informed decisions has become more important in today’s competitive business environment, meaning that organisations need to be able to address the business challenges with greater automation and efficiency,” said Chandita Samaranayake, Regional Sales Director, Application Business, Oracle South Asia Growth Economies.
“Oracle E-Business Suite has enabled Kia Motors to make quick and informed decisions by providing the management with a 360 degree view of key information and as a result of the automation, they can focus more on strategic business issues and processes.” 





Courtesy: Daily News 19 May 2015

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