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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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