MEPPI Case Study

Customer Case Study: Empowering MEPPI to Choose OneStream to Transform Planning Processes

Company Overview: Mitsubishi Electric Power Products, Inc. (MEPPI), a division of Mitsubishi Electric, is a global manufacturer of switchgear and switchboard products. With a strong foothold in the manufacturing and technology industries, MEPPI delivers cutting-edge solutions such as gas circuit breakers, insulation systems, ozone water treatment, transformers, and generator excitation products.

Challenges: Stuck with Outdated Software

MEPPI had been using Infor CPM for over a decade, hoping to streamline their planning processes. Unfortunately, as time passed, it became evident that the software was not meeting their evolving needs. To make matters worse, Infor ceased support for CPM, leaving MEPPI in a tough spot. The existing solution proved cumbersome, slow, and frustratingly difficult to generate reports. The reliance on manual intervention created disjointed models and unnecessary delays. The limitations of their current solution resulted in complex workarounds that made administration a nightmare.

A Partner to the Rescue: MindStream

Recognizing the urgent need for a transformative planning solution, MEPPI turned to MindStream, a trusted advisor in the technology consulting space. MindStream's expertise and experience were sought to conduct a vendor selection initiative focusing on MEPPI's F2023 planning process. The goals were clear:

• 1. Determining the Timeline: MindStream set out to establish a realistic timeline for the vendor selection process, ensuring MEPPI's planning needs would be met in a timely manner.
• 2. Understanding MEPPI's Business: MindStream dove deep into MEPPI's business needs, processes, and workflows to gain a comprehensive understanding of the challenges they faced and the opportunities for improvement.
• 3. Prioritizing Key Requirements: Collaborating closely with MEPPI, MindStream helped finalize and prioritize the key requirements for evaluating potential vendors, ensuring a focused and efficient selection process.
• 4. Identifying the Right Vendors: MindStream leveraged their extensive industry knowledge to identify software vendors aligned with MEPPI's unique business needs. They assisted in the technology vendor RFP process, paving the way for a robust selection.
• 5. Making an Informed Decision: MindStream actively participated in the selection process, facilitating software demonstrations and empowering MEPPI to make an informed decision based on functionality, pricing, ease of administration, and the ability to satisfy their key requirements.
• 6. Validation and Approval: MindStream provided vital support by validating quotes, implementation services, and timelines, ensuring MEPPI had a clear understanding of the investment required. They also assisted in creating an internal approval document to streamline the decision-making process.
• 7. Reporting the Findings: Armed with comprehensive insights, MindStream presented their findings to senior MEPPI management and, based on MEPPI's requirements, recommended OneStream as the ideal solution to meet MEPPI's unique needs and goals.

The Power of OneStream: A Game-Changing Solution

Through a meticulous evaluation process, MEPPI considered four prominent vendors—OneStream, Tagetik, Oracle, and Anaplan—each vying for the opportunity to transform MEPPI's planning processes. After careful consideration, MEPPI selected OneStream as their preferred partner. Here's why:

• 1. The Top Performer: OneStream emerged as the highest-scoring vendor, impressing the MEPPI selection team with its comprehensive capabilities and alignment with their requirements.
• 2. Ready-to-Go Functionality: OneStream offered extensive out-of-the-box capabilities, minimizing the need for complex customizations and accelerating time-to-value.
• 3. User-Friendly and Low Maintenance: With an intuitive interface and streamlined maintenance processes, OneStream ensured ease of use and minimized the burden on MEPPI's IT team.
• 4. Seamless Integration with Microsoft Office: OneStream seamlessly linked with Microsoft Office products like Word, Excel, and PowerPoint, facilitating a smoother workflow.
• 5. Single Platform and Flexibility: OneStream's single platform allowed MEPPI to grow and align with their specific requirements. The flexible use models enabled expanded adoption and the potential elimination of additional software investments.
• 6. Customer Success and References: OneStream's track record of 100% customer success and referenceable engagements indicates its reliability and customer satisfaction.

By partnering with MindStream and selecting OneStream, MEPPI overcame the challenges posed by their legacy software and gained a robust planning solution tailored to their needs.