Business Intelligence for Manufacturing
Total Page:16
File Type:pdf, Size:1020Kb
12345 12345 12345 12345 12345 12345 12345 12345 12345 12345 12345 Business Intelligence for Manufacturing Industy Business Intelligence -Global Business Management Model- Business management models that vertically integrate every aspect from group consolidated enterprise management to global operations Consolidated enterprise management has taken on even greater signifi cance in recent years. Under the statutory accounting system, companies are required to prepare the annual securities report based on the consolidated financial statements at an earlier date, as well as preparing the quarterly reports in the form of consolidated fi nancial statements at an earlier date. However, in reality there are large numbers of companies that do not practice management accounting, including overseas subsidiaries in their consolidated monthly or quarterly reports. As major advances are made in corporate globalization, the reinforcement of consolidated enterprise management that complies with the IFRS-based management approach, and that covers not only financial information but also project management information such as logistics has become an essential task for companies that require prompt management decisions. ABeam Consulting offers various services relating to the reinforcement of consolidated enterprise management in a comprehensive manner. It is necessary to reinforce global consolidated management that goes beyond the boundaries of statutory and management accounting Mission / Target/Plan Vision of the Organization Setting Performance Monitoring Indicators By Region Strategy Standardized Statutory / Management Accounting Business KPI KPI KPI Operations Measurement Measurement Measurement Consolidated Organization Actual Financial Information Operations (Budget, Results) Coordination of Project Management Information and Consolidated Accounting Information What is important to refine group enterprise management information is not limited to gathering accounting/financial information required for conventional management but also involves gathering project management information linked to the accounting/fi nancial information and the coordination of the two. Expansion of Project Management Information Group Enterprise Management Information to Date Project Management Consolidated Consolidated Information (Example: Manufacturing) Management Accounting Statutory Accounting Purpose Enterprise Management Purposes Disclosure and Compliance Purposes Cycle Daily Weekly Monthly Quarterly Semi-yearly Annually Every 6 Next Day Business Days Timing Disclosure within a Month Every 5 Every 10 Every Thursday Business Days Business Days Results Plan Results Budget Results Budget Applicable Data Production Accounting, Logistics Accounting and Accounting, Logistics and Entire PSI Entire PSI and Other KPI Logistics (Management Scope) Plan Other KPI Logistics Information from Production to Sales Monthly Financial Information (PL, BS) Quarterly Financial Information (PL, BS, CF) (Volume, Amount) From the Accounting System From Accounting System and Subsidiaries Segments in compliance with Region, company, business and item Region, company and business Data Segment accounting standards or laws Statutory consolidation processing Conversion process for items codes that Simplified consolidation process for based on standards for preparation Data Processing vary by company enterprise management purposes of consolidated financial statements Scope of consolidation based on Scope of Applicable Affiliates subject to enterprise Affiliates subject to enterprise management standards for preparation of Companies management consolidated financial statements Outline of “Business Management Models for Global Manufacturing” 1 Consolidated Financial *1 Global Oracle Hyperion Statements Financial Management (Statutory, Business Intelligence Consolidation- Management) Financial Consolidation Financial Compliant Model Results Processing Results Financial Budge 2 Budget Oracle *2 Expenses Cost Control Business Plan Results Hyperion Planning Financial budget Results Information Budge Budget and Performance Information Expansion Model Management Business Simulation Planning Data Manufacturing Company Sales Company Oracle Advanced Planning SCM revenue Mainframe Command Center *3 Analysis SCM risk Analysis Mainframe System System 3 Oracle *4 Demantra Inventory Production Global Demand Plan Sales Plan Optimization Plan PSI Plan / PSI Plan / Production- Performance Performance Sales-Inventory (PSI) Integration PSI Plan Logic Analysis PSI Plan Model Model Layer Local PSI Local PSI Plan Plan data Plan Systems of Systems of Each Unit PSI Results PSI Results Gathered Data Each Unit Plan Data Model =Global System 1. Global Consolidation-compliant Model This model provides a mechanism that reconciles or merges consolidated statutory accounting and consolidated management accounting based on multiple accounting standards, complies with the management approach and enables segment (business, geographical locations, products, customers, etc.) management and analysis. 2. Business Plan Expansion Model This model achieves effi cient and refi ned enterprise management through company-level strategy formation, budget development of each business and company, and the standardization and integration of business processes and mechanisms for budgets- results comparisons. 3. Global Production-Sales-Inventory (PSI) Integration Model This model enables movements in production-sales-inventory information to be meticulously refl ected in the budget, by forming monthly budgets linked to production-sales-inventory information (sales plan, production plan and inventory plan), and allows for fi nancial information-linked management simulation. ABeam Consulting, as part of its EPM (Enterprise Performance Management) product group, regards Oracle’s performance management applications highly, particularly “Oracle Hyperion Financial Management,” which is renowned for its prolifi c track record of global implementation; and engages in system development by utilizing software products that match each business management model. These software products are superior in their compatibility with not only Oracle products but also the applications of other companies and enable integrated management of all types of enterprise performance information including fi nancial and non-fi nancial information. Additionally, by taking advantage of the highly fl exible reporting and simulation functions, we support the formulation of well-informed management decisions. By developing performance indicators, business processes and rules that are in line with the strategies of each manufacturer and their underlying IT systems, we enable advanced business management and support companies in their global expansion. *1) “Oracle Hyperion Financial Management:” Application that enables aggregation of fi nancial statements, consolidation processing and analysis for effective group enterprise management *2) “Oracle Hyperion Planning:” Application that enables budget formulation, impact analysis through simulations, and monitoring *3) “Oracle Advanced Planning Command Center:” Business Intelligence product that visualizes the entire global SCM, and conducts analysis and simulations from the perspectives of revenue, costs, risk, performance, etc. *4) “Oracle Demantra:” Application that enables the preparation of sales plans based on demand forecasting, sales promotion plans for maximum profi t, and demand adjustments based on collaboration. *Oracle, Oracle Hyperion Financial Management, Oracle Hyperion Planning, Oracle Demantra, and Oracle Advanced Planning Command Center are all registered trademarks of Oracle Corporation and its subsidiaries in the U.S. and other countries. The names of companies and products mentioned in this document may be trademarks or registered trademarks of each company. ABeam Consulting Ltd. 2011.2 Yurakucho Building, 1-10-1 Yurakucho, Chiyoda-ku, Tokyo 100-0006 Japan Unauthorized reprinting or photocopying of these materials is prohibited. Tel : +81-3-5521-5555 Fax : +81-3-5521-5563 Copyright©2011 by ABeam Consulting Ltd., All rights reserved. URL : www.abeam.com/jp.