II-VI Incorporates Oracle Hyperion Planning Solution

This case study outlines the implementation of Oracle Hyperion Planning by II-VI Incorporated to enhance their planning processes. II-VI, a leader in engineered materials and optoelectronic components, faced challenges with their previous planning system, which relied heavily on disparate Excel spreadsheets and lacked consistency across international teams. The need for a more comprehensive solution arose due to company growth, an acquisition, and compliance with the Sarbanes-Oxley Act. The project was executed in partnership with Apps Associates, who provided expertise in managing the implementation. The phased approach allowed for close collaboration, ensuring that the solution met II-VI's specific planning needs. Post-implementation, the company experienced improved reporting systems, increased visibility in executive reports, and enhanced communication among global finance teams. The successful integration of Hyperion Planning has established a consistent planning process across departments, facilitating better decision-making and operational efficiency.