Minerals Technologies Inc. Upgrades to Oracle E-Business Suite 12.1 to Increase Efficiency and Flexibility of Its Growing

Minerals Technologies Inc. Upgrades to Oracle E-Business Suite 12.1 to Increase 
Efficiency and Flexibility of Its Growing Global
Manufacturing Business Operations 
Latest Release of Oracle E-Business Suite Supports Rapid Global
Growth for Provider of Specialty Mineral Products, Systems and
Services 
DENVER, CO -- (Marketwired) -- 04/08/13 --  COLLABORATE 13 -- Oracle
(NASDAQ: ORCL) 
News Facts 


 
--  To help drive efficiencies across its expanding global business,
    Minerals Technologies Inc. (MTI), a provider of specialty mineral,
    minerals-based and synthetic minerals products and related systems and
    services, has upgraded to the Oracle E-Business Suite 12.1.
--  This upgrade is part of the company's Operational Excellence process,
    which is a key element in its journey to continuously improve
    efficiency and productivity throughout the organization.
--  The firm's Operational Excellence process was deployed in 2008 to
    further drive customer value and to create a quantum step improvement
    in operational efficiency by engaging the entire workforce in the
    never-ending quest of continuous improvement.
--  Minerals Technologies uses many of the same critical principles found
    in the Toyota Production System, and employs such lean methodologies
    and tools as 5S, Standard Work, Hoshin Kanri, Daily Management
    Control, Total Productive Maintenance (TPM) and Kaizen. During 2012
    the firm's workforce of approximately 2,000 employees engaged in 1,200
    kaizen events. The firm believes its superior performance in total
    shareholder return since 2008 is heavily attributable to its
    Operational Excellence initiative.
--  With a rapidly expanding global presence, MTI uses Oracle Process
    Manufacturing, a modern, flexible and scalable platform that helps
    manage batch production, supports decision making, and optimizes
    business processes by providing a single view into granular data from
    more than 60 plants around the world.
--  By upgrading to the Oracle E-Business Suite 12.1, MTI now has a
    comprehensive and integrated suite of modern business applications
    that support its global expansion by driving efficiencies,
    standardizing processes and providing visibility into all global
    transactions.
--  With Oracle E-Business Suite Financials modules, including Oracle
    General Ledger, Oracle Payables, and Oracle Receivables, MTI has been
    able to achieve a better view into its business, reducing the average
    time taken to close its books and produce a full set of management
    reports by three days.
--  The detailed insights provided by Oracle E-Business Suite Financials
    modules have also helped MTI to optimize the management of working
    capital by enabling a global Shared Service that allow it to access
    more timely and frequent reviews of transactions across its growing
    global business.
--  To gain further insights into its asset lifecycle, MTI is leveraging
    Oracle Enterprise Asset Management and Oracle Projects to develop
    sophisticated, condition-based maintenance strategies that reduce
    costs and increase speed to market by enhancing inventory management
    processes.
--  To help better manage its supply chain logistics, MTI uses Oracle
    Transportation Management and Oracle Inventory Management to enhance
    overall supply chain efficiency and lower transportation costs
    providing users flexibility in how material flows through their
    facilities and across their supply chain.
--  Upgrading to the latest release of Oracle E-Business Suite CRM allows
    MTI to take advantage of the new mobile technology and to better
    manage sales forecasting, customer tracking and development of
    opportunities.
--  Driving further efficiencies, MTI uses Oracle Managed Cloud Services
    to manage the Oracle E-Business Suite and its other Oracle
    applications, databases and hardware, which has enabled the company to
    accelerate business results, lower costs, and reduce risk by creating
    shared services that support operational excellence and drive business
    performance.

  
Supporting Quote 


 
--  "Oracle has been a trusted solution provider as we have grown from a
    midsize organization to a global, billion-dollar operation," said Khem
    Balkaran, CIO and head of Global Business Services, Minerals
    Technologies, Inc. "To ensure we could continue to take advantage of
    the latest technologies to support our global growth, we decided to
    upgrade to the latest release of the Oracle E-Business Suite as it is
    the foundation of our business application. The new capabilities and
    shared services have increased our flexibility and responsiveness by
    providing us with unparalleled visibility into our global business
    operations, which, coupled with our Operations Excellence/Lean
    initiative, will position us well to continue to increase our
    efficiency and productivity."

  
Supporting Resources 


 
--  Oracle Applications
--  Oracle E-Business Suite 12.1
--  Oracle Process Manufacturing
--  Oracle E-Business Suite Financials
--  Oracle Enterprise Asset Management
--  Oracle Projects
--  Oracle Transportation Management
--  Oracle Inventory Management
--  Oracle E-Business Suite CRM
--  Oracle Managed Cloud Services
--  Oracle E-Business Suite Customer Success Stories
--  Minerals Technologies Inc.

  
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Contact Info
Danielle Cormier-Smith
Oracle
+1.610.766.3463
danielle.cormier@oracle.com 
Simon Jones
Blanc & Otus
+1.415.856.5155
sjones@blancandotus.com 
 
 
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