19 Dec 2013

Building products company halts SAP project, citing strategy shift

Author: CarakerVanderwall508 | Filed under: About

Building products manufacturer Quanex has stopped the rollout of an SAP ERP (enterprise resource planning) implementation, but due to a shift in corporate strategy rather than major problems with the software. In its fourth quarter ended Oct. 31, Quanex recognized roughly US$15 million in depreciation related to the implementation, which has now ceased, according to the company’s earnings announcement Wednesday

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Building products company halts SAP project, citing strategy shift

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