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MMK Introduces Advanced IT Solutions
02/23/2015 - Russia’s OJSC Magnitogorsk Iron and Steel Works (MMK) in 2014 launched a strategic program for the adoption of advanced IT in operational and management processes.
The strategy is aimed at optimizing costs, enhancing business transparency, intensifying of in-house corporate interaction, and at creating new services for customers and personnel. Company specialists have launched 24 priority projects to achieve these goals.
MMK Group has adopted a broad IT development strategy. Key areas of implementation include an integrated in-house corporate communications system, mobile access to core business applications, modeling and forecasting, continuous planning on customized production and operational management in order execution.
One key aspect of the company’s internal IT development program involves implementing the Mobility Project — creating and introducing new mobile applications, such as an app allowing MMK customers to monitor delivery status 24/7 online, providing complete transparency at all stages of order execution including production. This ensures optimal delivery terms and timely adjustments to the process, as needed.
The Mobile Maintenance and Repairs application makes it possible to ensure the timely execution of both scheduled and unscheduled repairs, and to determine equipment defects early on. Once the system has been launched, it is expected to result in a decrease in breakdowns and unscheduled equipment downtime, increased equipment reliability and reduced repair costs. Since July 2014, the application has been in experimental-industrial pilot operation at MMK’s sintering plant. Over the last year, the Company has also launched other mobile applications aimed at optimizing business processes and in-house corporate communications.
MMK plans to continue implementing this IT development strategy throughout 2015.
MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel producing complex encompassing the entire production chain, from preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2014, MMK Group produced 13.0 million tonnes of crude steel and 12.2 million tonnes of commercial steel products. MMK Group had sales in 2013 of US$ 8,190 million and EBITDA of US$ 1,223 million.
MMK Group has adopted a broad IT development strategy. Key areas of implementation include an integrated in-house corporate communications system, mobile access to core business applications, modeling and forecasting, continuous planning on customized production and operational management in order execution.
One key aspect of the company’s internal IT development program involves implementing the Mobility Project — creating and introducing new mobile applications, such as an app allowing MMK customers to monitor delivery status 24/7 online, providing complete transparency at all stages of order execution including production. This ensures optimal delivery terms and timely adjustments to the process, as needed.
The Mobile Maintenance and Repairs application makes it possible to ensure the timely execution of both scheduled and unscheduled repairs, and to determine equipment defects early on. Once the system has been launched, it is expected to result in a decrease in breakdowns and unscheduled equipment downtime, increased equipment reliability and reduced repair costs. Since July 2014, the application has been in experimental-industrial pilot operation at MMK’s sintering plant. Over the last year, the Company has also launched other mobile applications aimed at optimizing business processes and in-house corporate communications.
MMK plans to continue implementing this IT development strategy throughout 2015.
MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel producing complex encompassing the entire production chain, from preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2014, MMK Group produced 13.0 million tonnes of crude steel and 12.2 million tonnes of commercial steel products. MMK Group had sales in 2013 of US$ 8,190 million and EBITDA of US$ 1,223 million.
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