Chemicals
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SAP Chemicals is helping companies move toward a low-carbon economy to meet the requirements of their value chains and policymakers. The chemical industry is one of the most prominent industry sectors in the world. Today, there are about 6,500 worldwide chemical companies running SAP. About 48% have seen lower overtime costs through greater adherence to the production plan. Chemical manufacturing is no longer just about water and chemicals, it is about moving into high tech and digitalization. To stay at the forefront of competition chemical companies must balance innovation and adoption with smooth day-to-day operations. SAP Chemicals is enabling intelligent enterprise in the industry.
Key capabilities of SAP Chemicals include:
SAP Chemicals is helping companies move toward a low-carbon economy to meet the requirements of their value chains and policymakers. The chemical industry is one of the most prominent industry sectors in the world. Today, there are about 6,500 worldwide chemical companies running SAP. About 48% have seen lower overtime costs through greater adherence to the production plan. Chemical manufacturing is no longer just about water and chemicals, it is about moving into high tech and digitalization. To stay at the forefront of competition chemical companies must balance innovation and adoption with smooth day-to-day operations. SAP Chemicals is enabling intelligent enterprise in the industry.
Key capabilities of SAP Chemicals include:
- Customer engagement and co-innovation. Includes consent-based marketing, omnichannel commerce management, optimized marketing, product formulation and recipe development, quote-to-cash, sales force automation, sales performance management, and single customer view.
- Planning and sourcing. Includes central procurement, demand management and insights, buy and deliver direct goods, manufacturing planning and operations, procurement analytics, response and supply management, sales operations and inventory planning, sourcing and contract, trading partner collaboration, and supplier and risk management.
- Integrated operations management. Includes asset operations and maintenance, environment health and safety, buy and deliver services, industrial insights, asset performance management, invoice and pay, manufacturing execution, manufacturing networks, buy and deliver indirect goods, and quality management.
- Delivery and service. Includes omnichannel customer service, order promising, product compliance, track and trace and logistics networks, transportation management, warehouse management, yard logistics, customer experience management and environmental footprint management.
SAP Road Map for Chemicals include:
- Current release highlights: Sample management, scenario simulations, asset management, and legal compliance.
- Upcoming innovations: Real-time analysis, extended planning and analysis, processes for safety instruction, and dangerous goods management.
- Future Plans: Customer voice programs, advanced insights, electrical work instruction, and transportation planning in SAP S/4HANA Cloud.
SAP software solutions to meet your needs include SAP S/4HANA Cloud, SAP Integrated Business Planning for Supply chain, and SAP Cloud for Sustainable Enterprises.
Key Considerations for SAPinsiders:
- How a Specialty Chemical Company Handles Integration in a Hybrid SAP Landscape Amidst a Move to SAP S/4HANA. Review the case study about how a Swiss-based multinational specialty chemical company that supplies to the building sector and motor vehicle industry has experienced continuous growth and innovation. Their strategic focus is to have all companies across the board running on SAP as a core ERP system by 2025.
- Session Recap: How Ingevity Successfully Tackled their SAP S/4HANA Migration in the Middle of a Pandemic. Read insights from this blog on how Michael Mullis (MM), Chief Information Officer at Ingevity, shared how his global chemicals company successfully navigated their moves to the Cloud and built their SAP S/4HANA transformation strategy.
23 results
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- SAP Digital Transformation
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Ingevity Seizes Business Opportunity to Increase Agility and Push the Bounds of What’s Possible
Reading time: 5 mins
Companies striving to be better at supporting customers and preparing for rapid change in the marketplace often embrace agile to facilitate their transition. This methodology makes perfect sense, especially for companies with a strategic approach to growth and an understanding that they must become nimble and responsive to remain competitive. Ingevity, a specialty chemicals and…
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An Insider Look at Ingevity’s SAP S/4HANA Business Transformation
Reading time: 8 mins
Ingevity is a specialty chemical company based in Charleston, South Carolina that current runs a 20-year-old, heavily customized version of SAP ECC 6.0. But, now for much longer — like many companies, Ingevity is focused on building a digital platform that can support technologies like analytics, automation, machine learning, and artificial intelligence to help the…
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- SAP Payment Processing
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LyondellBasell streamlines global banking and controls inbound and outbound payments
After a merger of Lyondell with Bassel European Group, the company wanted to increase its ability to manage customer credit and apply cash for inbound payments quickly. The company implemented an in-house bank and a global payment factory to centralize control over outbound payments, increase compliance, reduce fraud, and lower banking and payment fees. Learn…
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Session Recap: How Ingevity Successfully Tackled Their SAP S/4HANA and Cloud Migration in the Middle of a Pandemic
Reading time: 3 mins
By Annie Kennedy, Associate Conference Producer Michael Mullis (MM), Chief Information Officer at Ingevity, presented the live afternoon CIO’s Perspective keynote, “How Ingevity Successfully Tackled their SAP S/4HANA and Cloud Migration in the Middle of a Pandemic” on day 2 of SAPinsider’s 2020 Virtual Conference Experience, sharing how this Global Chemicals company successfully navigated their important moves to the Cloud and built their SAP…
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- SAP Cash Management
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Sun Chemical Significantly Reduces Errors in Cash Application Processes
Reading time: 4 mins
SAPinsider interviewed Erin Carter, Manager Global Treasury Operations at Sun Chemical. The company is the world's largest producer of printing inks and pigments, has more than $7.5 billion in annual sales, and over 20,000 employees in sixty-three countries. About a quarter (26%) of SAP customers currently use an intelligent cash application solution, according to SAPinsider’s…
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- SAP Global Tax Management
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Financials: Case study: How the Dow Chemical Company transformed its SAP global finance operations with centralized tax management
Reading time: 1 mins
Learn how the Dow Chemical Company successfully centralized its tax management processes. FIN2017_OBoyle_Casestudyhowthedow Shari O’Boyle If you have comments about this article or publication, or would like to submit an article idea, please contact the editor.... Membership Required You must be a member to access this content.View Membership LevelsAlready a member? Log in here
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- SAP Profitability Analysis
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Financials: Case study: How Stepan Company drove innovation with state-of-the-art EPM systems
Reading time: 1 mins
Learn how Stepan Company, a US-based chemical manufacturing company, implemented driver-based margin planning for budgeting and projection while enabling a rolling forecast. here Adam Robledo If you have comments about this article or publication, or would like to submit an article idea, please contact the editor. Claire Byrne If you have comments about this article...…
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- SAP S/4HANA Implementation
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Lessons Learned from Versum Materials’ 15-Month Greenfield SAP S/4HANA Implementation
Reading time: 10 mins
When Versum Materials was divested in 2016, it took the opportunity not only to make a fresh IT start with a greenfield SAP S/4HANA implementation, but also to do it with a big-bang approach. The newly independent business accomplished the massive change in 15 months with a painless go-live. Along the way, it discovered some…
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- SAP Data Security
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Nexeo Solutions’ Data Archiving Strategy Ensures Security and Improves Performance
Reading time: 10 mins
Nexeo Solutions – worldwide distributor of chemicals, plastics, and environmental services – needed to ensure reliable and timely same-day or next-day deliveries to roughly 28,000 customers worldwide after divesting from its parent company in 2011. To continue creating and tracking purchase orders in the most efficient and effective manner, Nexeo Solutions underwent a phased data…
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Live from SAPinsider Studio: Successful Business Planning at Stepan Company
Andrew Chapman, Corporate FP&A Senior Manager at Stepan, provides an inside look at the keys to success for Stepan’s move to SAP Business Planning and Consolidation. The conversation occurred during the Financials/GRC 2017 conference held in Las Vegas, Nevada. Topics covered include: Advice for getting internal approval for the project , such as conducting an...…
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