Trend-Based Connected Planning at Vitamix

Session Number: 8365
Track: Planning
Sub-Categorization: Planning Cloud
Session Type: Case Studies
Primary Presenter: Vatsal P Gaonkar [Principal - Alithya Ranzal]
Time: Jun 26, 2019 (11:45 AM - 12:45 PM)
Room: 6A, Level 6

Speaker Bio: Brent Stadler is a manager of financial analysis at Vitamix and has over 20 years of experience in various financial systems. In 2015 Vitamix implemented Oracle EBS and in 2017/2018, with the continuous improvement mindset, we have added ARCS and FCCS in General Accounting and EPBCS in Financial Planning and Analysis. Within the FP&A function, EPBCS allowed us to significantly improve our projection and budgeting processes with efficiency and accuracy gains. In 2019, our plans are to look in to more long-range planning utilizing the functionality of EPBCS.
Technologies or Products Used: EPM Cloud, Oracle EPBCS, Cloud Data Management

Session Summary for Attendees:  The session will provide insight on how Vitamix integrates SKU level detail from the Oracle E-Business Suite (EBS) transactional system into an out-of-the-box (OOTB) Financials Business Process framework in Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS). A live demo, among other presentation artifacts, will show how SKU level detail is captured, transformed, and aggregated into product categories in the planning application design. The demo will also showcase how OOTB content has been configured to meet Vitamix's planning needs. Furthermore, OOTB artifacts for Vitamix—such as dashboards, KPIs, and trend-based modelling process artifacts that connect to the operational realities of the underlying SKU level data—will be demonstrated.