Vertically Integrated Holdings Management
The main goals of implementing ERP systems in large holdings are improved management quality and effectiveness. Higher management quality leads to increased competitiveness, greater profits, enhanced investment attraction, and ultimately, accelerated business growth.
Integrated Logistics and Financial Planning
By incorporating international best practices, companies can create the most effective execution planning and monitoring system through collaboration across departments. Each department, with its own responsibilities for executing plans, participates in planning within a shared information environment. With SAP solutions, organizations can integrate commercial, manufacturing, and financial processes to improve business performance, sales, production, procurement plans, and the overall profitability and growth of geographically distributed departments.
Modern Approach to Integrating SAP Solutions with MES for Metallurgy
Metallurgical companies often implement various Manufacturing Execution Systems (MES) alongside ERP systems. Effective management of manufacturing processes can be achieved through integration based on common information exchange standards. SAP provides integration methodologies, technologies, and process recommendations, supported by a concise guide to corporate management applications and MES solutions.
Key SAP Functions for Mill Products Solution
SAP for Mill Products includes a set of standard SAP ERP business processes and modules that support business operations in the mill products industry, such as logistical support, manufacturing, and sales.
Capital Assets, Maintenance, and Repair Services Management
In capital-intensive industries like metallurgy and mills, maintenance and repair services can account for 20% to 40% of the total operational cost structure. Implementing modern capital asset management methodologies and technologies can significantly reduce maintenance and repair costs.
Financial Management Aligned with International Standards
The Russian government has chosen IFRS as the basis for accounting system reform. SAP offers various solutions for implementing accounting systems in compliance with international standards, tailored to the enterprise’s size and adopted accounting policies.
Investment Management Solution
Industries like metallurgy, mining, and other capital-intensive sectors often require large investments in production facility modernization and construction. SAP Investment Management solutions support the full lifecycle of construction and renovation projects, from planning and investment allocation to commissioning. These solutions provide centralized, reliable project information, detailed financial planning and scheduling, progress tracking, cost control, and risk minimization.
Logistics Management
Technological advances in business processes offer new ways to organize production collaborations. In the past, Supply Chain Management (SCM) solutions were primarily used for managing internal processes within vertically integrated holdings and large companies. Today, such solutions are essential for enterprises of all sizes. Moreover, these solutions must not only provide visibility across the entire supply chain network but also enable planning, analysis of bottlenecks, issue resolution, and coordination with external partners.