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The rise of digital technologies is transforming the world economy and disrupting traditional business models, forcing organizations to move into adjacent industries. A wide range of factors, including industry regulations, new market entrants, and data-driven business models, are reshaping the landscape. No industry is immune to these changes, and that includes cross-industry enterprise organizations that historically operate in multiple sectors.
SAP Cross-Industry
helps organizations evolve as their business models become increasingly digitized. The need for cross-industry collaboration and data-driven decision-making is more important than ever. SAP offers a comprehensive suite of applications that enables organizations operating in multiple industries to drive cost-effective transformation and sustainable growth. By integrating data from disparate sources and providing tools for real-time analysis, SAP allows organizations to make informed decisions that can help them stay ahead of the competition. In addition, SAP’s applications are designed to be flexible and adaptable, so they can keep pace with the ever-changing landscape of the digital economy. As a result, SAP is well-positioned to help companies across industries thrive in the digital age.
The rise of digital technologies is transforming the world economy and disrupting traditional business models, forcing organizations to move into adjacent industries. A wide range of factors, including industry regulations, new market entrants, and data-driven business models, are reshaping the landscape. No industry is immune to these changes, and that includes cross-industry enterprise organizations that historically operate in multiple sectors.
SAP Cross-Industry
helps organizations evolve as their business models become increasingly digitized. The need for cross-industry collaboration and data-driven decision-making is more important than ever. SAP offers a comprehensive suite of applications that enables organizations operating in multiple industries to drive cost-effective transformation and sustainable growth. By integrating data from disparate sources and providing tools for real-time analysis, SAP allows organizations to make informed decisions that can help them stay ahead of the competition. In addition, SAP’s applications are designed to be flexible and adaptable, so they can keep pace with the ever-changing landscape of the digital economy. As a result, SAP is well-positioned to help companies across industries thrive in the digital age.
SAP Cross-Industry core business capabilities include:
- Cross-Industry – Solution Business Models, Advanced Intercompany Sales, Advanced Variant Configuration, Billing and Revenue Innovation Management, Product Lifecycle Management, Enterprise Portfolio and Project Management, Environment, Health, and Safety, Product Compliance
- Industry Variants – Professional Services, Discrete Manufacturing Industries, Process Manufacturing Industries
- Finance – Universal Journal, Record-to-Report Process, Financial Planning and Analysis, Invoice-to-Pay and Invoice-to-Cash Processes
- Sourcing and Procurement – Service Procurement, Sourcing, Operational Procurement, Machine Learning-Based Purchasing Functionality, Analytics in Sourcing and Procurement Functionality: Insight to Action
- Manufacturing- Supported Production Modes, Demand-Driven Production Planning, Integrated Production Scheduling, Transparent Production Operations, Embedded Production Execution and Integrated Production Execution, Repetitive Manufacturing, Transparent Material Flow with Kanban, Outsourced Manufacturing, Quality Management
- Logistics – Inventory Management, Logistics Execution, Integrated Warehouse Management, Order Promising: Available to Promise, Transportation Management, Handling Unit Management
- Sales – Product Vision and Direction, Quote to Order, Order and Contract Management, Customer Invoice Management, Customer Returns Management, Sales Analytics …
- Service – Service Characteristics and Processes, Intelligent Service Management, Service Order Management, Service Contract Management, In-House Repair
- Maintenance Management – Intelligent Asset Management, Managing Asset Master Data, Plan-to-Optimize Assets, Operate-to-Maintain Assets
SAP software solutions to meet your needs include SAP S/4HANA, SAP BTP, SAP Model Company, and “SAP Cloud for <Industry>” – for example “SAP Cloud for Automotive.”
Key Considerations for SAP organizations:
- Understand the impact of leveraging cross-industry knowledge with SAP. As businesses strive to keep up with the rapidly changing landscape, they are looking to other industries for inspiration and new ideas. Cross-industry knowledge is not just about seeking out new ideas; it’s also about applying those ideas at the process level. SAP is uniquely positioned to help its organizations transition to a more digital, data-driven, and integrated business model. With the right approach, cross-industry knowledge with SAP can be a powerful tool for driving innovation and growth.
- Drive process innovation with SAP industry cloud solutions and SAP Model Company. Industry cloud solutions provide cross-industry capabilities that help companies increase agility, optimize business processes, decrease and prepare for disruption, and improve sustainability, creativity, and resilience. Industry cloud solutions are built on top of the SAP Cloud Platform and offer industry-specific functionality that is delivered as a set of reusable cloud services. SAP Model Company is available as ‘Industry’ packages for various sectors and as ‘Line of Business’ packages for cross-industry business functionality. The solution helps companies drive digital transformation by connecting people, businesses, and processes.
- Consider partners to implement proven strategies and best practices for becoming an intelligent cross-industry enterprise. As the world becomes increasingly connected, cross-industry collaboration is essential for addressing important global issues such as climate change and sustainability. However, this can be challenging for companies that are focused on their core business goals. Organizations can leverage experienced partners in cross-industry process innovation, like Deloitte or PwC to help break down silos and work together to address these important challenges. For example, SAP’s partner Accenture created a digital platform that uses Big Data and machine learning to help organizations embed sustainability in core business processes.
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