Hindustan Zinc made it big at SAP Ace Awards 2020 by winning two prestigious awards for its project Evolve & 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.
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.
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