MMK Integrates Lysvensky Metallurgical Plant into its Oracle ERP CIS
MMK Group, a Metal-Expo regular exhibitor, has successfully completed the next stage of a large-scale project to transfer the Group's key organisations to a unified corporate information system based on Oracle E-Business Suite.
On July 1, 2020, MMK together with Oracle put MMK-Lysvensky Metallurgical Plant ,a Metal-Expo regular exhibitor, into commercial operation on the system. Thus, MMK is gradually implementing a programme which modernises and expands its corporate system and will solve the task of integrating all information flows of MMK Group divisions.
As in other organisations of the Group involved in the project, MMK-LMP now has access to objective and timely data on production, the financial activities of the Company and the complete technological chain within a single information system. During the project, all business processes were digitalised, including those that were previously conducted outside the IT system or in separate IT systems.
Oracle ERP is the core of the entire MMK Group’s corporate information system, as well as a source of the world's best business practices. For users, it provides unified standards of corporate governance in the Group and traceability of information, from inputting primary documents to tracking the impact of financial results.