SAP AI - Powering the Digital Supply Chains

499 results

  1. How Does Your Inventory Management Strategy Measure Up?

    Discover where your organization is in this inventory maturity model, understand the set of required capabilities, and identify the key SAP functionalities to implement at each level. Consider the guidelines described in this roadmap to achieve higher customer satisfaction levels and reduce inventory carrying costs. Key Concept The inventory maturity model is a proposed four-…...…

  2. Aggregate Inventory Management in SAP, Part I of II

    Organizations strive to achieve high standards in customer service with balanced investment inventory. Material planners, from the plant to managerial to the corporate level, work on managing inventory on a periodic basis to maintain balance between inventory to carry vs. customer satisfaction. The right tools can replace spreadsheets to help organize this information effectively on…

  3. Stages of Inventory Management Expertise

    Inventory availability is the most critical aspect of customer service. In manufacturing and distribution domains, organizations need to define Inventory Management strategies that can help them control and minimize Inventory costs while providing the desired service levels to their customers. Inventory Management strategy can be used as a strategy of competitive advantage and as a…

  4. Advanced Analytics Requirement in Inventory Management

    SAPinsider will publish a benchmark report on Inventory Management and Optimization in November 2022. There could not have been a better time to conduct research focused only on inventory management and optimization. Why so? Well, the first aspect, which is not surprising to any of us, is the immense focus on supply chain and inventory management…

  5. Building Foundation for Inventory Management

    As supply chain risks increase and businesses become more complex and globalized, inventory management challenges are growing exponentially. Inventory Optimization emerged as a key focus area over the next two years for SAPinsiders in our recent research, Supply Chain Planning in The Cloud. As organizations still struggle with fluctuating demand patterns developed during the pandemic,…

  6. Factors Driving Inventory Management and Optimization in Supply Chains

    Effective inventory management and optimization require a deep understanding of the supply chain and its various components, including demand, supply, lead times, and costs. Companies that can effectively balance these factors can improve customer service levels while minimizing costs and improving overall supply chain performance. But a multitude of internal and external factors can pose…

  7. Excess Inventory Management with AI

    Inventory planning and management have taken a whole new form in the COVID era. Optimal inventory planning and management were never easy, but the challenges have now increased manyfold. As organizations changed their inventory strategies, many of them moving from just-in-time to just-on-case, the associated planning, and management challenges also need to be addressed. Excess…

  8. Steps to success for building inventory management and optimization strategies

    SAPinsider’s benchmark report on Inventory Management and Optimization focuses on how organizations are recognizing the significance of supply chain visibility and the need for improved management and optimization to mitigate inventory-related risks and difficulties. The key challenges that organizations face are the lack of: clearly defined inventory strategy and policy, internal skillset for implementation, strategy…

  9. Make the Most of SAP WM Inventory Count Capabilities

    Reading time: 23 mins

    Learn about the three main inventory count methods in Warehouse Management — annual inventory, continuous inventory, and cycle counting — and see how you can determine which process is best for your situation. Then find out how to configure each process. Key Concept The goal of the inventory count process is to ensure the accuracy…...…

  10. Web3.0 and Inventory Management

    While Web3.0 may take time to mature enough to replace Web2.0 if an end-to-end supply chain can develop an internal network based on the underlying principles of Web3.0 defined above, it can address the following challenges of inventory management (illustrative examples, not exhaustive): Information transparency: The decentralization of information between entities will help build trust…