Sims Metal Management upgrades software

U.K.-based Brady plc, a leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors, has announced that Sims Metal Management, the world’s largest recycling company, has selected Brady to further support the organization’s management of its global recycling operations.

Having relied on software from Maumee, Ohio-based Brady Recycling for many years in North America and Australasia, Sims’s Australian operations have recommitted to upgrade critical business systems to the latest version of Brady’s recycling platform, Brady reports. This decision fits with Sims’ global strategy to consolidate operations on to a single platform, provide better visibility, optimize efficiencies and facilitate decision-making across the company. The solution Brady provides is backed by its team of experts in the recycling space and will assist and support Sims’ key strategic goals of streamlining, optimizing and growing its operations, the software supplier says.

Sims has more than 250 locations and more than 6,000 employees with operations encompassing the buying, processing and selling of ferrous and nonferrous recycled metals. The company’s metals recycling operations are geographically diverse, with operations in five continents, including the United States, Canada, Australia, New Zealand and the United Kingdom, and comprise a network of processing facilities. Many of these processing facilities have deep-water port access, supported by an extensive network of feeder yards from which to source recyclable ferrous and nonferrous metals.

Through the implementation of a global solution, Sims will benefit from having enterprisewide visibility, timely actionable financial reporting, efficient management of positions and opportunities across the group, along with standardized operational and audit controls, Brady says. A global solution will facilitate multiple efficiencies for the IT department. Less updating and maintenance of multiple systems coupled with consistent processes will create efficiencies across the enterprise, the company adds.

Gavin Lavelle, CEO of Brady plc, says, “Sims has been a loyal customer for many years, and I am delighted that we are now able to provide enhanced functionality to support its operations across the globe. I am delighted to have been selected as the partner of choice by the world's largest recycler. Being selected in this case is confirmation of the reputation that we have gained serving these markets for over 30 years, further reinforcing our position as the leading vendor of recycling solutions.”

Lavelle adds, “As a strategic partner to Sims MM, we will be providing tools to leverage and improve its position as the largest metal recycler globally. Of key importance for Sims MM was Brady’s strength in inventory management. Being able to accurately value purchases and finished goods inventory, using Brady’s pricing, production and fully automated scales functionality, ensures total accuracy in position reporting across its global sites. The Brady solution will deliver a comprehensive global platform to efficiently support the management of Sims’s recycling operations locally, regionally and globally.”