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Hindustan Zinc honored with two awards at SAP Ace Awards 2020

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04 Dec, 20 11:20
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Hindustan Zinc honored with two awards at SAP Ace Awards 2020

Udaipur,: Hindustan Zinc made it big at SAP Ace Awards 2020 by winning two prestigious awards for its projectEvolve & Confluence.While project Evolve has won Customer Excellence – Sales, Marketing & Service award, project Confluence has won Sourcing Excellence – Large Enterprise. The awards were bestowed in the recently held SAP Ace Awards 2020 ceremony via virtual conference.

Commenting on the achievement, Mr. Arun Misra, CEO, Hindustan Zinc said, "Our digital platforms, Evolve and Confluence are both trendsetting innovations by the young minds at Hindustan Zinc and have made ease of business a reality for our customers and vendors. It is a reflection of our belief that smart operations enabled by cutting-edge technology is the key to sustainable business. The recognitions by SAP Ace Awards motivate us to further drive a culture of digital transformation."

“Automation and Digitization is paving the road for an intelligent landscape. We at SAP India are committed towards our customers reaching their goals. I would like to congratulate Hindustan Zinc Limited for redefining innovation and winning recognition for Customer and Sourcing Excellence at the SAP ACE Awards 2020,” said Kulmeet Bawa, President and Managing Director, SAP Indian Subcontinent.

Hindustan Zinc’s Evolve project is India’s first online buying platform for non-ferrous metals. This platform is designed to offer a robust and transparent, three-click buying experience for zinc, lead, and silver on a single platform based on real time pricing on LME/ LBMA. It aims to revolutionize the way metal is bought in the market.Under Project Confluence, the company has ensured digitalization of entire Procure-to-Pay process using SAP Ariba’s suite of solutions around Commerce Automation and Supply Chain Automation including Auction Platform, Catalogue Management, Contracts Management, Pre-PO and Post-PO Collaboration, B2B Integration and Vendor Managed Inventory (VMI). This is one of the first such initiative in India covering the entire process on Ariba Platform.

SAP ACE awards are an industry benchmark to recognize the best-run businesses in the Indian subcontinent. SAP continues to honor business excellence achieved through the implementation of SAP solutions. This year being the 14th year of SAP ACE awards, SAP continues to honor business excellence achieved through the implementation of SAP solutions.

About Hindustan Zinc Limited

Hindustan Zinc, a Vedanta Group Company, is one of the world's largest and India's only integrated producer of Zinc-Lead and Silver. The Company has its Headquarter at Udaipur in the State of Rajasthan where it has its Zinc-Lead mines and smelting complexes. Hindustan Zinc is self-sufficient in power with captive thermal power plants and also has ventured into green energy by setting up wind power plants. The Company is ranked 1st in Asia-Pacific and globally 8th in Dow Jones Sustainability Index in 2020 amongst Mining & Metal companies. Hindustan Zinc is a certified Water Positive Company.

As a socially responsible corporate, Hindustan Zinc has been relentlessly working to improve the lives of rural and tribal people residing near its business locations. The company is amongst the Top 15 CSR Spenders in India and are currently reaching out to 500,000 people in 184 core villages of Rajasthan and 5 in Uttarakhand. As a market leader, Hindustan Zinc governs about 79% of growing Zinc market and 95% of growing Silver market in India.

About SAP

SAP’s strategy is to help every business run as an intelligent enterprise. As the 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.

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