Leading Digital Transformation and Technology Services company, Mindtree Limited has said that it has been selected by Molnlcyke Health Care for using the SAP application suite. This development will help the company enhance its business efficiency and will also help Molnlcyke Health Care to optimize its time to market its products.
Molnlcyke Health Care is a global leading provider of single-use surgical and wound care solutions.
"Mindtree will help drive strategic transformational programs for Molnlcyke by implementing lean IT practices to further improve efficiencies. This will result in cost effective delivery globally, on a single service management platform," the company informed in a filing to the Bombay Stock Exchange.
Under this engagement, the company will be responsible for developing and managing several SAP modules ranging from advanced planning and optimization, material management, sales, distribution to finance.
At the same time, the company will also emphasize on standardizing workflows, cost effective delivery and flexible solutions.
Commenting on the development, Mindtree Limited Executive Director Rostow Ravanan said, "Our ability to deliver business value to clients, manage large programs and the recent acquisition of Bluefin Solutions in the SAP consulting and HANA segments, uniquely positions us to deliver transformational services to Molnlcyke Health Care. This engagement will enable Molnlcyke to be more flexible and scalable in order to support business growth."
Meanwhile, shares of the company were trading at Rs 1471.35 a piece, up 3.91 per cent from the previous close at 10:46 hours on BSE.