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SUCCESS SECRET                                                                                                                                                                                                        SUCCESS SECRET
        MMK integrated Lysva Metallurgical Plant into a                                                                          corporate information system of the MMK Group of Companies,

                                                                                                                                 the source of the world’s best business practices. For users,
        unified corporate information system                                                                                     these are unified standards of corporate governance in the
                                                                                                                                 Group and traceability of information from entering primary
                                                                                                                                 documents to influencing the financial result.
                                                                                                                                        ''The  management  of  the  Magnitogorsk  Iron  and
                                                                                                                                 Steel  Works  has  always  paid  and  continues  to  pay  great
                                                 Magnitogorsk Metallurgical Plant (MMK) integrated the Lysva                     attention to the development of information, and now digital
                                         Metallurgical Plant into a unified corporate information system based                   technologies.  Almost  all of  the  company’s  initiatives  have
                                          on Oracle E-Business Suite. This was reported by the Information                       an innovative component, which brings significant results for                               Andrey Eremin
                                           and Public Relations Department of MMK.
                                                ''On July 1, 2020, MMK, in partnership with Oracle, put into                     the business. We congratulate MMK on the completion of the
                                                                                                                                 next stage of modernization and are pleased to support
                                           commercial operation the KIS of MMK-Lysva Metallurgical Plant LLC                     the tactical and strategic plans of one of the world’s
                                                          (MMK-LMZ). Thus, MMK is consistently implementing                      largest metallurgical companies with the best-in-
                                                          a  program  of  modernization and  expansion  of  the                  class solutions and cloud services in accordance
                                                            corporate  system,  which will  allow solving the
                                                             problems of integrating all information flows of the                with the requirements of today and tomorrow'',
                                                                                                                                 says Oracle Consulting Director  in Russia and
                                                             MMK Group’s divisions'', the statement says.                        the CIS Denis Smirnov.
                                                              It  should  be  noted  that  the  Lysva  Metallurgical
                                                Plant is the  only Russian  manufacturer  of  electrolytically
                                               galvanized  steel  and  rolled  products  with  polymer  coatings
                                         based on it. The plant’s products are widely used in the automotive                                                                                                                               urbc.ru
        industry, construction industry, general engineering industries, in the production of household
        appliances, and so on.
               Objective  and  timely  data  on  the  production,  financial  and  economic  activities  of  the
        enterprise and the complete technological chain in a single information system are now available
        at MMK-LMZ As in other organizations of the MMK Group that were included in the project.
        During the project, all business processes were digitized, including those that were previously
        conducted outside the information system or in disparate IT systems.
               ''The limitations associated with the coronavirus pandemic and the remoteness of LMZ from
        the main site of MMK determined the specifics of this stage of modernization: for the first time
                                                            in MMK’s history, the  implementation  and launch
                                                            of a large industrial ERP was carried out remotely.
                                                            Highly  professional  and well-coordinated work of
                                                            the project team and effective project management
                                                                    allowed us to successfully launch the system
                                                                           on  time  and  with proper  quality.  The
                                                                              project  was  implemented  as  soon
                                                                               as possible in 6 months'', the MMK
                                                                                 press service said.
                                                                                  ''For  any  company,  including  a
                                                                                  metallurgical  one,  digitalization
                                                                                  is the  process  of  introducing
                                                                                  the  latest  technologies  and  best
                                                                                 practices into production and
                                                                                business processes. An ERP system
                                                                               with the data accumulated in it is the
                                                                                same asset of the company as real
                                                                                 estate and material resources. By
                                                                                 using this asset competently, you
                                                                                 can make decisions more rationally
                                                                                 and efficiently at all management
                                                                                levels,  increasing  the  efficiency
                                                                               of  the company.  To this end,  MMK
                                                                             has  developed and  is successfully
                                                                          implementing a digitalization strategy'',
                                                                  notes Andrey Eremin, Director for Economics
                                                            at the Magnitogorsk Iron and Steel Works.
                                                                   ERP  from  Oracle is the  core  of  the entire


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