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| | SAP Business Transformation Study Life Sciences Huvitz ©2016 SAP SE or an SAP affiliate company. All rights reserved. Physicians around the world rely on Huvitz Co. Ltd. for superior diagnostic and measurement instruments in the field of ophthalmology. Huvitz exports its products to 114 countries through more than 138 distributors. Now the company has set its sights on expanding even further and increasing sales by 150% over the next few years. To meet that aggressive goal, Huvitz needed a scalable, real-time IT infrastructure to support the growing demands of the business. SAP S/4HANA proved to be the answer. Huvitz launched a corporate portal based on ® SAP S/4HANA, bringing together finance, accounting, management accounting, sales, production, purchasing, inventory management, and supplier collaboration in a one- stop location. Now, with SAP S/4HANA as the cornerstone, Huvitz has transformed its business digitally and is positioned to support future expansion – all while contributing to the health of the world by providing superior ophthalmic equipment. Huvitz: Expanding Global Market Share with SAP S/4HANA®

Huvitz: Expanding Global Market Share with SAP S/4HANA®

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Page 1: Huvitz: Expanding Global Market Share with SAP S/4HANA®

| | SAP Business Transformation Study Life Sciences Huvitz©

2016

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Physicians around the world rely on Huvitz Co. Ltd. for superior diagnostic and measurement instruments in the field of ophthalmology. Huvitz exports its products to 114 countries through more than 138 distributors. Now the company has set its sights on expanding even further and increasing sales by 150% over the next few years. To meet that aggressive goal, Huvitz needed a scalable, real-time IT infrastructure to support the growing demands of the business.

SAP S/4HANA proved to be the answer. Huvitz launched a corporate portal based on ®SAP S/4HANA, bringing together finance, accounting, management accounting, sales, production, purchasing, inventory management, and supplier collaboration in a one-stop location. Now, with SAP S/4HANA as the cornerstone, Huvitz has transformed its business digitally and is positioned to support future expansion – all while contributing to the health of the world by providing superior ophthalmic equipment.

Huvitz: Expanding Global Market Share with SAP S/4HANA®

Page 2: Huvitz: Expanding Global Market Share with SAP S/4HANA®

| | SAP Business Transformation Study Life Sciences Huvitz

Seeing clearly and working faster with real-time dataCompany Huvitz Co. Ltd.

Headquarters Seoul, South Korea

Industry Life sciences

Products and Services Ophthalmic medical equipment

Employees 150

Revenue KRW 70 billion (US$62.4 million)

Web Site www.huvitz.com

Partner Zen Consultingwww.zenconsulting.co.kr

Objectives• Establish a scalable IT infrastructure to support expanding business needs• Accelerate material requirements planning• Improve cost analysis by product

Why SAP• SAP S/4HANA as a framework to support business expansion, agility, and®

rapid access to timely information• Rich business-related implementation experiences with SAP S/4HANA

Resolution• Deployed SAP S/4HANA for finance and accounting, management

accounting, sales, production, purchasing, inventory management, andsupplier collaboration

• Linked inventory management with a partner portal to provide real-timevisibility

• Built a mobile work environment based on the SAP Fiori user experience®

Future plans• Extend the SAP software landscape to support operations in China®• Roll out product lifecycle management functionality to support bills of

materials for engineering and manufacturing• Extend customer service functionality to enable a comprehensive process

to improve customer satisfaction

30%Improved accuracy of cost analysis by product

60xFaster creation of monthly accounting journals

7 daysTo complete the accounting closing process

10xFaster data inquiries

Studio SAP | 46317 (16/09) ©2016 SAP SE or an SAP affiliate company. All rights reserved.

"With SAP S/4HANA, we've built a cornerstone for successfully expanding our global market share and business operations."Jongmin Kim, General Manager of the Planning Team, Huvitz Co. Ltd.

Page 3: Huvitz: Expanding Global Market Share with SAP S/4HANA®

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