About CMC Materials
CMC Materials, Inc. is a global leader supplying high-quality materials to semiconductor manufacturers and pipeline operators. In 2022, CMC Materials was acquired by Entegris Inc., a leading supplier of advanced materials and process solutions for semiconductor, life sciences, and high-tech industries.
Situation
CMC Materials faced significant challenges in migrating legacy Hyperion Planning functionality to Oracle EPM Cloud. Integrating data across various legacy on-premise source systems and subsidiaries posed additional complexities for accurate business forecasting.
Action
To tackle these challenges effectively, CMC Materials partnered with Centroid, a leading expert in Oracle EPM solutions. Together, they initiated an Enterprise Planning initiative aimed at modernizing and integrating their planning processes. The project began with a thorough health check and assessment conducted by Centroid, which informed the development of a detailed roadmap and actionable project plan. This approach ensured alignment with CMC Materials’ strategic goals and laid the foundation for a future-proof platform capable of seamlessly ingesting data from acquisition ERP systems.
Impact
Centroid’s collaboration with CMC Materials led to transformative outcomes. By integrating headcount, demand predictions, and actuals data, the accuracy of business performance forecasting significantly improved.
Modernized planning processes streamlined workflows and enabled seamless remote collaboration across teams. Automation of ongoing data loads from source ERP systems reduced errors and effort previously associated with manual data handling. This initiative not only streamlined CMC Materials’ planning and forecasting capabilities but also positioned them for agile growth and enhanced operational efficiency in a competitive market environment.