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. 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. 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. 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. 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. 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. Business Analytics Solutions Provider: EPM, BI, and BD Technologies
Architecture – New State
EPBCS
Projects
Capital
Financials
Workforce
SRS
SMR
NAM
Weighted
Inventory
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. 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
