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Sims Metal Management Automates Enterprise Planning with EPBCS

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Implementation of Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS) at Sims Metal Management

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Sims Metal Management Automates Enterprise Planning with EPBCS

  1. 1. Sims Metal Management Automates Enterprise Planning with EPBCS BusinessAnalyticsSolutionsProvider:EPM,BI,andBDTechnologies Jim Clark, Group Manager of FP&A, Sims Metal Management
  2. 2. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Sims and Jim Clark • Sims Metal Management – World’s leading publicly listed Metal Recycler (SMM) – World’s leading Electronics Recycler (SRS) – Municipal Curbside Recycling (SMR) – Operations on 5 Continents • Jim Clark, Group Manager of FP&A – 7+ years at Sims in a variety of accounting & finance functions – Experience with HFM/FDM for consolidations and reporting – Project lead for global implementation of ePBCS
  3. 3. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Background – Historical Approach GL system #1 GL system #2 GL system #3 GL system #4
  4. 4. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Background – Project Goals • Implement EPBCS – Drive financial planning to Yard (Location) and Product levels – Leverage Out-of-the-Box (OOTB) Content • Financials • Projects • Capital • Workforce – Build & Leverage common models – Weighted Average Cost – Create an integrated, driver-based approach • Easily change Sales Assumptions and drive these through Financial Statements • Install and configure HFM and FDMEE version 11.1.2.4 • Migrate HFM from 11.1.2.2 to 11.1.2.4 – Make as few changes as possible • Migrate from FDM to FDMEE – Get to enhanced Integration platform – Provide Ground-to-Cloud (and Cloud-to-Ground) Integration capabilities
  5. 5. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Scope • Processes – In Scope • Forecast – Through end of Fiscal Year • Budget – Option of Zero-based or seeded from Prior Year ending balances – Out of Scope • Short Term Forecast • Business Units – In Scope • North American Metals (NAM) • Sims Recycling Services (SRS) • Sims Municipal Recycling (SMR) – Out of Scope • United Kingdom Metals (UK Metals) • Australia / New Zealand Metals (ANZ)
  6. 6. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Process • Process starts with loading of Actuals via FDMEE – General Ledger (GL) data from ERP’s – Inventory data from Data Warehouse (DW) • Assumptions are updated – Finished Goods Sales – Intake and Yield Forecasts – Logistical Assumptions • Models are updated – Via Task Lists, Forms, and Business Rules • Updated Financial Statements produced – Income Statement – Balance Sheet – Cash Flow
  7. 7. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Architecture – New State GL system #1 GL system #2 GL system #3 GL system #4
  8. 8. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Architecture – New State EPBCS Projects Capital Financials Workforce SRS SMR NAM Weighted Inventory
  9. 9. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Future • Additional Processes – Short Term Forecast • Additional Business Units – UK Metals – ANZ Metals • Gain additional value from OOTB Content – Expand use of Workforce Business Process – Expand use of Capital Business Process to include existing Capital Assets • Volume / Price Variable Analysis Model • Managed Services contract with Ranzal – Regression Testing associated with Monthly Updates – Budget / Forecast business cycle preparation – Defects and Minor Enhancements
  10. 10. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Lessons Learned • Readiness – Data • Know what data you want to leverage – Models • Know what models are key to your business • Define models (if not already defined) – If defined, how mature are the models • Exercise (use) models to understand implementation readiness • Capacity – Identify Key People – Ensure these People have enough bandwidth • Requirements • Testing
  11. 11. Business Analytics Solutions Provider: EPM, BI, and BD Technologies Q&A

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