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SAP Supply Chain: Supply Chain Management
A well-managed supply chain can significantly reduce a company’s operating expenses and increase profits. A supply chain requires active management because it is affected by many factors outside the control of the business. Current events causing global supply chain disruptions include the Russia-Ukraine War and the continuing effects of COVID-19.
SAP Supply Chain: Supply Chain Management
A well-managed supply chain can significantly reduce a company’s operating expenses and increase profits. A supply chain requires active management because it is affected by many factors outside the control of the business. Current events causing global supply chain disruptions include the Russia-Ukraine War and the continuing effects of COVID-19.
Supply chain management is the flow of goods or services between businesses and various locations to get goods to consumers faster and at less cost. Supply chain management encompasses a thread of activities from design and manufacturing to delivery and operations.
Components to enable a resilient and sustainable supply chain management process are:
- Designing recyclable and sustainable products
- Delivering products with low carbon impact
- Planning to reduce emissions and ethically source materials
- Operating in an energy efficient and safe manner
- Manufacturing with minimal waste and environmental impact.
Accurate information helps manufacturers and retailers produce and transport only what they can sell, eliminating unnecessary expenses. Consider simplification by integrating demand planning in the cloud. Predictive analytics, automation, and Internet of Things (IoT) technologies can connect and simplify processes, allowing you to gain visibility across forecasting, response and supply, replenishment, and inventory.
Key Capabilities of Supply Chain Management:
- Supply Chain Planning: Agile market-driven plans with visibility, collaboration, and intelligence.
- Supply Chain Logistics: Fast, efficient, and sustainable logistics.
- Manufacturing: Streamlining with artificial intelligence, loT, and integration.
- Product Lifecycle Management: Connecting systems, people, and processes with end-to-end digital innovation.
- Enterprise Asset Management: Improving asset performance and reliability.
Benefits of Supply Chain Management:
- Optimizing the flow of materials, products, and information.
- Improving data visibility.
- Enhancing financial practices and cost cutting.
- Improving vendor relationships.
- Operating with lean and on-demand inventory.
- Reducing liability and risk.
Key Considerations for SAPinsiders
- How to Deliver Greater Visibility into the Operational KPIs that Drive Your Business. In this webinar, hear insights from SAP around how to build a powerful analytics foundation. Discover how to focus less on historical KPI’s and more on predictive process automation, how to reprioritize KPIs that show historical performance, develop operational decision support for end-to-end supply chain processes, and stop development of custom reporting.
- 5 Ways to Enhance Your SCM with Smart Data. Explore expert insights from Robert Brice, President and CTO, RFgen. Start with the basics for a digital transformation of your supply chain, discover how to gain competitive advantage by implementing efficiencies, address inefficiencies, shortage of labor, and address security.
- Salling Group Expands Its Market Reach With SAP. In this article, see how Salling Group used SAP ERP to ensure data uniformity, enhance warehouse efficiency, and consolidated logistics transactions with Redwood.
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End-to-End Scenario Planning with SAP IBPFeb 9, 2024 — Supply chain disruptions are becoming a more prevalent part of daily life for may companies around the world. Geopolitical tensions, rising costs, and disorganization can hinder all different types of supply chains, making it nearly impossible for a business to operate effectively.
To help companies improve their outlooks, SAP offers SAP Integrated Business Planning (SAP IBP). It is an advanced planning and optimization solution that offers end-to-end supply chain planning capabilities in an integrated fashion.
SAPinsider Supply Chain Management expert Dhaval Desai shared a simple and straightforward guide for businesses on how scenario planning can be applied in supply chain management and how SAP IBP can be effectively leveraged to achieve it.
In this article, readers will learn how to identify key drivers of supply chain strategy, asses the impacts of different scenarios, analyze risk, communicate and collaborate better across supply chains, and integrate with decision makers in a more effective manner.
3 minute read
Transforming Warehouse Operations with Fulfilld’s Intelligent WMSFeb 9, 2024 — Despite its evolution, traditional warehousing software has struggled to provide intelligent, user-friendly, and cost-effective solutions. Hindered by decades-old technical limitations, it faces a daunting task in meeting current, let alone future, warehousing needs. Effective warehouse management is crucial for achieving key business goals. Fulfilld presents a comprehensive software and hardware solution, offering instant visibility into warehouse operations and advanced technology to boost efficiency. Leveraging location-aware AI technology and task orchestration capabilities, Fulfilld streamlines core warehouse processes, reducing wasted worker activity by 40%, enhancing inventory accuracy, optimizing product placement, and boosting worker efficiency by 80% compared to WMS systems lacking location guidance.
6 minute read
Cross-plant Planning in SAP S/4HANA with MRP – Part 1Feb 7, 2024 — In cross-plant planning within S/4HANA, two primary approaches exist. One involves the utilization of the special procurement key within the MRP functionality, while the other entails employing the SAP Add-on known as cross-plant planning. This series will discuss the available options for cross-plant planning in SAP S/4HANA. Part 1 explores these options in conjunction with MRP Live and the classic MRP run, while Part 2 delves into the details of the cross-plant planning Add-on solution.
8 minute read
How CloudPaths Makes Supply Chains SmarterFeb 7, 2024 — Supply chains have experienced unprecedented challenges and obstacles in recent years – COVID-19, inflation, geopolitical tensions, and much more. These issues are posing unique challenges to organizations, even into 2024.
Many of these companies are turning to the supply chain experts at CloudPaths to address end-to-end planning and execution issues. CloudPaths has helped dozens of organizations increase their real-time supply chain visibility, collaborate with suppliers, and detect exceptions to help decision-makers adjust in a timely manner.
SAPinsider spoke with members of the CloudPaths team to touch on a number of topics relating to the supply chain space. They discussed the importance of going over strategy ahead of any supply chain strategy, the practical applications for AI and automation in an SCM context, and what the next year holds for the organization.
6 minute read
Enhancing the Efficiency and Sustainability of Global Supply Chains with DescartesJan 31, 2024 — In the current business environment, marked by intense competition, escalating customer expectations, frequent resource shortages, and significant economic challenges, it's imperative for organizations to effectively manage their supply chains. This requires a holistic strategy, incorporating efficient delivery, improved customer experience, fleet optimization, strict cost management, and enhancing the performance of both drivers and vehicles. At the same time, companies must adopt advanced, innovative technological tools and solutions to support and elevate their supply chain operations. Utilizing state-of-the-art technology for real-time monitoring and smooth communication, businesses can focus on customer satisfaction, offering better delivery options and transparency.
Descartes Systems Group is a company that specializes in providing Software-as-a-Service (SaaS) for transportation and logistics. The company primarily concentrates on the transportation of goods, as well as communication and data management within the transportation and logistics industry.
7 minute read
SAPinsider Buyers Guide Webinar: Supply Chain ManagementJan 30, 2024 — Supply chain challenges and associated risks are growing exponentially and have only intensified during the recent pandemic. These challenges surface in many forms, like unprecedented fluctuations in demand and supply, sudden disruptions impacting sourcing, manufacturing, and distribution, a proliferation of product offerings, and geopolitical and regulatory changes. In response, businesses are compelled to innovate and adapt rapidly, implementing more resilient and agile supply chain strategies. However, this necessitates a deeper
integration of advanced technologies and more collaborative approaches across global networks to ensure continuity and efficiency.
To help SAP users navigate these strategic and technology decisions, SAPinsider put together this Buyers Guide, which explores the challenges, opportunities and trends in the SAP supply chain management space and highlights key vendors and partners.
1 minute read
SAPinsider Buyers Guide: Supply Chain ManagementDec 31, 2023 — Supply chain challenges and associated risks are growing exponentially and have only intensified during the recent pandemic. These challenges surface in many forms, like unprecedented fluctuations in demand and supply, sudden disruptions impacting sourcing, manufacturing, and distribution, a proliferation of product offerings, and geopolitical and regulatory changes. In response, businesses are compelled to innovate and adapt rapidly, implementing more resilient and agile supply chain strategies. However, this necessitates a deeper
integration of advanced technologies and more collaborative approaches across global networks to ensure continuity and efficiency.
To help SAP users navigate these strategic and technology decisions, SAPinsider put together this Buyers Guide, which explores the challenges, opportunities and trends in the SAP supply chain management space and highlights key vendors and partners.
1 minute read
A Fireside Supply Chain Chat with SAP’s Darcy MacClarenDec 13, 2023 — Chief Revenue Officer for SAP Digital Supply Chain Darcy MacClaren recently sat down with SAPinsider Chief Content Officer Mark Vigoroso to share her thoughts on supply chain technology, transformation, and innovation. She shares key insights on how SAP organizations can anticipate and manage disruptions to become more resilient, as well as touching on the core tenants of supply chain strategy. Readers will learn about the crucial role that supply chain leaders play in helping businesses become more sustainable and how the move to SAP S/4HANA can improve efficiency.
9 minute read
