Case Studies Wesco Aircraft OneStream XF Success Story

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	Wesco Aircraft OneStream XF Success Story

Wesco Aircraft OneStream XF Success Story

Technology Category	Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Aerospace
Applicable Functions	Business Operation Quality Assurance
Services	Software Design & Engineering Services System Integration
Challenge	Wesco requirements revolved around complete replacement of an Excel based consolidation and reporting process for actual, plan and forecast. There was also a requirement for additional collections to help manage the business as well as complex currency conversion and reporting to help mitigate FX risk and exposure. Wesco was looking for a unified CPM solution that would simplify their financial consolidation, reporting, budgeting, forecasting and analysis process. Two years of historical data that was very complex needed to be loaded and reconciled, reconciling to management and external reporting. Read More
About Customer	Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The company believes it offers one of the world’s broadest portfolios of aerospace products, including chemical, electrical and C-class hardware and comprised of more than 570,000 active SKUs. Read More
Solution	OneStream XF gives Wesco the ability to collect and report budget data centrally, perform FX analysis and provide robust management reporting that was previously unavailable. Wesco was able to streamline their global budget gathering process directly into OneStream and replace their Excel based consolidation and reporting. They were also able to enhance their management reporting through profit center, business line, region and market based reporting. By using SAP profit centers as the basis and driver of Wesco business-line, customer, industry and market reporting, Wesco eliminated weeks of manual effort. Their reports are faster and easier to produce and deliver more detail than their previous Excel and SAP reports. Users enjoy intuitive workspaces and guided user workflows in a centralized, workflow-based budget process. OneStream delivers better processes, improved reporting, more flexibility and improved controls. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Aerospace

Applicable Functions

Business Operation

Quality Assurance

Services

Software Design & Engineering Services

System Integration

Challenge

Wesco requirements revolved around complete replacement of an Excel based consolidation and reporting process for actual, plan and forecast. There was also a requirement for additional collections to help manage the business as well as complex currency conversion and reporting to help mitigate FX risk and exposure. Wesco was looking for a unified CPM solution that would simplify their financial consolidation, reporting, budgeting, forecasting and analysis process. Two years of historical data that was very complex needed to be loaded and reconciled, reconciling to management and external reporting.

About Customer

Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. The company believes it offers one of the world’s broadest portfolios of aerospace products, including chemical, electrical and C-class hardware and comprised of more than 570,000 active SKUs.

Solution

OneStream XF gives Wesco the ability to collect and report budget data centrally, perform FX analysis and provide robust management reporting that was previously unavailable. Wesco was able to streamline their global budget gathering process directly into OneStream and replace their Excel based consolidation and reporting. They were also able to enhance their management reporting through profit center, business line, region and market based reporting. By using SAP profit centers as the basis and driver of Wesco business-line, customer, industry and market reporting, Wesco eliminated weeks of manual effort. Their reports are faster and easier to produce and deliver more detail than their previous Excel and SAP reports. Users enjoy intuitive workspaces and guided user workflows in a centralized, workflow-based budget process. OneStream delivers better processes, improved reporting, more flexibility and improved controls.

Impact #1	Wesco eliminated weeks of manual effort by using SAP profit centers as the basis and driver of their business-line, customer, industry, and market reporting.
Impact #2	Reports are now faster and easier to produce, delivering more detail than previous Excel and SAP reports.
Impact #3	Users enjoy intuitive workspaces and guided user workflows in a centralized, workflow-based budget process.

Impact #1

Wesco eliminated weeks of manual effort by using SAP profit centers as the basis and driver of their business-line, customer, industry, and market reporting.

Impact #2

Reports are now faster and easier to produce, delivering more detail than previous Excel and SAP reports.

Impact #3

Users enjoy intuitive workspaces and guided user workflows in a centralized, workflow-based budget process.

Benefit #1	Replaced legacy reporting system with a single integrated solution.
Benefit #2	Streamlined global budget gathering process directly into OneStream.
Benefit #3	Enhanced management reporting through profit center, business line, region, and market-based reporting.

Benefit #1

Replaced legacy reporting system with a single integrated solution.

Benefit #2

Streamlined global budget gathering process directly into OneStream.

Benefit #3

Enhanced management reporting through profit center, business line, region, and market-based reporting.

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Overview

Wesco Aircraft OneStream XF Success Story

Operational Impact

Quantitative Benefit