Brandix Mercury, the sophisticated Shared Services Centre of the Brandix Group, has received the ISO 9001:2008 certification for its processes and documentation, achieving another milestone in its progression into a driver of process standardisation, process documentation and the harmonisation of accounting standards and practices across all businesses of the Group.
The certification by International Certification Services (ICS) of Mumbai covers ‘Provision of Financial and Accounting Services for the Brandix Group' and was obtained after a four and a half month initiative to identify and conform with compliance parameters, the company said.
Presenting the ISO certificate to Brandix CEO Ashroff Omar, Ishan Pethiyagoda, Team Leader - Strategic Enablement at Brandix Mercury said the certification was obtained relatively quickly because a gap analysis conducted at the start of the project in November 2009 had revealed that the Shared Services Centre was 70 per cent in conformity with the requirements for ISO 9001:2008 even before it formally began the process leading to certification.
He said the next goal of Brandix Mercury is ISO 27001:2005, the international standard for Information Security Management Systems (ISMS) and a global best practice specification in that sphere.
Brandix Mercury is responsible for the alignment of all financial accounting policies with Group policy and goals. It provides centralised transaction processing and decision-support to the business units of Brandix with a view to moving their respective processes from different schools of thought to best practices that lead to long term value creation. The Centre's remit covers people, processes and technology and its role spans driving process excellence, customer satisfaction and cost reduction, managing risk and measuring and monitoring business performance.
Comprising of 27 business units whose operations encompass Sri Lanka, India and Bangladesh, Brandix is Sri Lanka's largest apparel exporter and the pioneer of the concept of ‘total solutions' in the apparel sector. Brandix is a preferred supplier to some of the world's leading apparel brands, including Gap, Marks & Spencer, Victoria's Secret, NEXT, Lands' End, Abercrombie & Fitch, Old Navy and Tommy Hilfiger.