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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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