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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.
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Sun Chemical Significantly Reduces Errors in Cash Application ProcessesMar 18, 2020 — 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 Assessing Intelligent Automation in Finance research. One of those customers, Sun Chemical, has found significant benefits in integrating Serrala FS2 AutoBank with SAP ECC.
After reading this case study you will be able to:
- Explain how Sun Chemical automated their cash application processes;
- List considerations for SAP customers to improve shared service center processes; and
- Understand strategic guidance to get the most out of shared service centers and cash application automation.
4 minute read
Financials: Case study: How the Dow Chemical Company transformed its SAP global finance operations with centralized tax managementMar 6, 2019 — 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.
1 minute read
Financials: Case study: How Stepan Company drove innovation with state-of-the-art EPM systemsMar 1, 2019 — 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 […]
1 minute read
Lessons Learned from Versum Materials’ 15-Month Greenfield SAP S/4HANA ImplementationFeb 26, 2019 —
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 major differences between its original SAP ERP system and SAP S/4HANA, including security and data models, and passes along several lessons learned.
10 minute read
Nexeo Solutions’ Data Archiving Strategy Ensures Security and Improves PerformanceMay 8, 2018 —
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 management journey over the course of several years. The first phase involved copying the parent company’s SAP ERP system and securing non-proprietary customer, supplier, and material data by scrambling that data; while the second phase consisted of archiving data to improve performance and lower the total cost of ownership of SAP systems. Learn how Nexeo Solutions methodically removed scrambled data that cluttered screens improving performance of key user transactions, by carving 171 company codes, 147 sales organizations, one manufacturing plant, nine purchasing organizations, and two bills of material out of the system.
10 minute read
Live from SAPinsider Studio: Successful Business Planning at Stepan CompanyOct 23, 2017 — 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 […]
1 minute read
Planning Tips Scales in Stepan Company’s FavorAug 10, 2017 —
As a manufacturer of chemicals that must be created according to precise plans, Stepan Company understands the importance of robust planning. So when the organization underwent a financial transformation, it took a close look at how it could update its financial planning and analysis processes. Beforehand, financial planning was performed manually, with time-consuming processes and several disparate sources of data slowing the organization down. Learn how Stepan Company streamlined financial planning, cut down on manual processes, and made its planning personnel strategic business partners with SAP Business Planning and Consolidation.
9 minute read
PeroxyChem Starts a Cloud ReactionDec 12, 2016 —
When PeroxyChem was divested from its parent company, it had only one year before it had to get off its parent company’s IT systems and stand up its own. This meant the opportunity to create a systems landscape poised for growth – if the newly divested business could meet all the challenges of building an IT department from scratch. Discover how PeroxyChem partnered with IBM Cloud to deploy an agile, cloud-based IT landscape on time and without business disruption.
8 minute read
Celanese Finds a Perfect Fit in the IBM CloudJul 20, 2016 —
With 40 SAP systems, 213 interfaces, and 30TB of data across development, test, and production environments, Celanese — a specialty materials company based in Texas — knew it needed a way to decrease its annual SAP operational costs. By partnering with IBM and leveraging IBM Cloud Managed Services for SAP, the company was able to migrate its SAP data center and transition away from a capital expense model. Learn how Celanese reduced operational costs by over 50%, increased flexibility for delivery of the SAP platform and operations, and improved service levels for its managed infrastructure.
8 minute read