Integrated Planning Using Enterprise Planning & Budgeting Cloud Service (EPBCS) at Sims Metal Management
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The session led by Vatsal Gaonkar focused on the implementation of Enterprise Planning and Budgeting Cloud Service (EPBCS) at Sims Metal Management, emphasizing improvements in financial planning and demand forecasting. Key topics included the transition from previous systems to a hybrid cloud architecture, with benefits such as enhanced integration of financials and inventory management. The presentation also outlined future enhancements and successes in achieving effective budget and financial integration.
Integrated Planning Using Enterprise Planning & Budgeting Cloud Service (EPBCS) at Sims Metal Management
- 1. Session ID: Prepared by: Remember to complete your evaluation for this session within the app! 10323 Integrated Planning using Enterprise Planning and Budgeting Cloud Service at Sims Metal Management 04/24/2018 Vatsal Gaonkar Principal Edgewater Ranzal
- 2. Agenda • Introduction • Prior Vs Future Financials System State • EPBCS at Sims • Demand Planning • Demo • Important Technical Artifacts • Successes and Future Enhancements • Q&A
- 3. Introduction
- 4. Introduction – Vatsal Gaonkar • Summary – Over 12 years of Enterprise Performance Management (EPM) experience across on- premises, cloud and hybrid deployments – Design, Development and Deployment roles across approx. 30 projects over the years – Speaker at Oracle / Hyperion conferences such HUGMN, DCOUAG, OAUG and ODTUG • EPM Cloud Summary – EPBCS design and deployment – PCMCS development – EPM Cloud products integration using Data Management – EPM Automation design and deployment Vatsal Gaonkar [email protected] https://www.linkedin.com/in/vats algaonkar/ 312.405.6242
- 5. Introduction – Edgewater Ranzal Inc. • Oracle Platinum Partner, Oracle Partner Advisory Council, 2 ACEs • More than 200 consultants with an exclusive multiproduct focus across the entire Oracle Business Analytics Suite • Oracle Cloud Excellence Implementer with consistent delivery of successful Oracle Cloud implementations • 100% Cloud certification within Planning practice • Trusted advisory relationship with Oracle Product Development, Oracle Customer Advisory Board, and Special Interest Group members • Extensive experience in the planning, design, and implementation of integrated Oracle EPM, BI, and BD solutions and best practices • Recognized by Oracle for Outstanding Achievement in Big Data • Proven Oracle-specific methodologies, templates and supporting tools, as well as industry thought-leaders and deep technical practitioners
- 6. Introduction • Sims Metal Management – World’s leading publicly listed Metal Recycler (SMM) – World’s leading Electronics Recycler (SRS) – Municipal Curbside Recycling (SMR) – Operations in 5 Continents • Prior Enterprise Close and Planning Landscape – HFM for Actuals and Budget (done offline and submitted) – FDM for Data Integration – Forecasting and Budget done offline in Excel (cumbersome process) – All HFM processing done at Entity and Cost Center Level
- 7. Prior Vs Future Financial Systems State
- 8. Prior Financials System Architecture
- 9. Project Deliverables • Ability to Plan at Product, Facility and Department Level • Demand Planning based on Intake of Goods and Processing • Integrate Product Margin line items with Financials • Data Integration of source systems for inventory and financials • Post Planning process Data integration to HFM for comparative analysis • Out of the Box Roll-out of Workforce and Capital Business Processes • Standardization of Planning Chart of Accounts – Separate Budget and Forecast level of planning
- 10. New Cloud Hybrid Architecture
- 11. Future State Enterprise Planning • Product and Facility Based Model – Demand Planning/Production Model – Sales Modeling / Shipping Model – Inventory Pricing • Financials – Integration from Production Model – Income Statement and Balance Sheet integration – Balance Sheet and Cash Flow Modeling • Other Business Processes – Capital – Workforce
- 12. EPBCS at Sims
- 13. Financials Out of the Box Vs Custom Financials Trend Based and Direct Input Models Loaded Data Volumes Unit Price Product Margin Volumes Unit Price Product Margin Out of the BoxCustom Demand Model
- 14. Demand Planning
- 15. Demand Planning • What is Demand Planning • Process Flow – Import/Manage Inventory – Process Inventory – Sell Finished Goods – Recognize Revenue and COGS – Input Other Expenses – Financials Integration • Important Artifacts – Inventory Weighted Average Price Model – Shipment Model – Intercompany and Interbranch Models – Overhead Allocation
- 16. Demand Planning to Financials Integration
- 17. Demo
- 19. Planning Artifacts • Valid Intersections • Plan Element Dimension – Actuals – Planning – Production Modeling • Production Model • Sales Modeling leveraging Flex Dimensions and Data Maps • Shipments and Weighted Average Inventory Price • Product Gross Margin Summary • Income Statement & Tonnage Integration • Balance Sheet Integration
- 21. Successes • By Facility Planning • Gross Margin by Product and Facility • Income Statement by Facility • Inventory by Facility • Integrated Financials • Successful 2018 Budget • Integration with on-premises HFM
- 22. Future Enhancements • Trend Based Analysis • New Production Models • First In and First Out Inventory Pricing • Sensitivity Analysis • Workforce Global Roll-out • Profitability Analysis • Projects Business Process Roll-out
- 23. Session ID: Remember to complete your evaluation for this session within the app! 10323 [email protected]
Editor's Notes
- #3: Introduction of the client and the prior state of the Financials systems EPBCS out of the box vs Custom deployment Demand Planning/SNOP planning at Sims Demo – focus on production modeling and integration with financials Discuss important technical artifacts Successes after the upgrade Future enhancements Q&A
- #7: Company definition Describe business Prior EPM architecture Entities have Facility (locations); Cost Center had (Functional departments and Products)
- #16: Demand Planning Definition - Demand planning is a multi-step operational supply chain management (SCM) process used to create reliable forecasts. Effective demand planning can guide users to improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in demand, and enhance profitability for a given channel or product. Describe the Process Intake to produce finished goods Selling of the goods Associated Revenue, COGS (Inventory Pricing) and Freight/Shipping Costs Closing Stock Integration with Financials – Gross Margin by Product, Balance Sheet AR/AP/Inventory and Cash Flow for Budget
- #18: Demo Task List Oriented Solution in Navigation Flow Variable Preferences Plan Element dimension Actuals Load – YTD and squeeze of data Budget Extraction Conversion – YTD Production Modeling – Sims Calculated and Sims_UK_Calculated Valid Intersections Production Model Raw Materials Materials produced prior with associated overhead Facility level yield assumptions Pricing assumption Overhead Assumption Purchases and Processing Production Summary Sales Modeling Freight Reviews Metal Sales Ending Inventory 6) Financials Production Summary Integration with Financials Compare to Income Statement Tonnage Balance Sheet Assumptions and Balance Sheet
- #20: Demo Task List Oriented Solution in Navigation Flow Variable Preferences Plan Element dimension Actuals Load – YTD and squeeze of data Budget Extraction Conversion – YTD Production Modeling – Sims Calculated and Sims_UK_Calculated Valid Intersections Production Model Raw Materials Materials produced prior with associated overhead Facility level yield assumptions Pricing assumption Overhead Assumption Purchases and Processing Production Summary Sales Modeling Freight Reviews Metal Sales Ending Inventory 6) Financials Production Summary Integration with Financials Compare to Income Statement Tonnage Balance Sheet Assumptions and Balance Sheet