Case Study: End-to-End Planning with SAP Analytics Cloud
Key Takeaways
⇨ Wolverine Worldwide successfully transitioned from a legacy Hyperion planning tool to SAP Analytics Cloud (SAC), improving planning and forecasting efficiency by over 25%.
⇨ The implementation led to significant process improvements, including transparency of previously offline processes and a 50% cycle time reduction in some areas.
⇨ Future plans include expanding SAC's use across other business areas such as eCommerce and Demand Planning, and centralizing global tax and benefit processes.
Wolverine Worldwide (WWW) was using a legacy Hyperion planning and forecasting tool that was going out of support, while being supplemented by many offline spreadsheet processes throughout the organization. The process was heavily supported by IT and system administrator due to the complexity that evolved over time. As a result, a replacement was needed to continue to support the company’s end-to-end financial forecast and planning processes and provide a means a bringing offline processes online.
While partnering with SimpleFi, WWW was able to identify and address key pain points in the legacy tool and business process and envision how a new tool could tackle those hurdles in an effective manner. WWW wanted to provide a flexible, scalable planning platform that allows for planning, forecasting and scenario analysis at different levels of detail, tailored to the Brand or Channel business requirements. All this while decreasing the forecast and planning cycle time by 25%+. SAP Analytics Cloud (SAC) provided the platform to achieve these goals.
Company Overview
www.wolverineworldwide.com
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With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. The Company’s portfolio of highly recognized brands includes: Merrell®, Sperry®, Hush Puppies®, Saucony®, Wolverine®, Keds®, Stride Rite®, Chaco®, Bates® and HYTEST®. The Company also is the global footwear licensee of the popular brands Cat® and Harley- Davidson® The Company’s products are carried by leading retailers in the U.S. and globally inapproximately 170 countries and territories.