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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.
316 results
Retiring the Swivel Chair with ConvergentIS Procurement GatewayMar 29, 2023 — We found many mid-market companies are still reliant on manual processes to manage procurement, including paper, email and Excel. Our vision is to elevate end-user productivity and ease-of-use to solve manual procurement problems. We saw considerable market demand for a consumer-grade experience coupled with a low-tech maturity threshold. Our Procurement Gateway solution integrates our proprietary technology with SAP software, including SAP BTP, SAP Build Work Zone, and SAP Systems (SAP S/4HANA, SAP Ariba, and more).
1 minute read
impact20: NVIDIA’s AI Forecasting & Planning Improvement Journey with SAP IBP & NVIDIA AIMar 29, 2023 — Is your organization needing to improve forecasting capability via use of AI/ML and external factors with SAP IBP? This session will present Nvidia’s journey on how they are leveraging AI/ML, external factors, and the Nvidia Platform with SAP IBP to improve forecasting.
View this session deck to learn:
What the challenges were with needing improved forecasting planning and use of AI/ML and external factors.
What benefits and lessons learned they have to share regarding their journey.
About Nvidia’s next steps as the company continues on its journey to improve forecasting capabilities.
1 minute read
Protect Your Business with a Risk-Resilient and Sustainable Supply ChainMar 29, 2023 — When your business depends on your production, your supply chain is critical. It is the engine that drives your business – from sales and service to finance, human resources, and more. It can equally be a source of constant risk that cripples your operations.
View this session deck to:
Learn how to holistically manage and mitigate business risk.
Address sustainability mandates with a digital supply chain.
1 minute read
How to Make A Promise, and Keep a PromiseMar 29, 2023 — As we work our way into understanding the new normal, the only thing certain Is change. During this session, we will discuss tools, techniques, and the associated pre-requisites to be able to confidently make a promise and keep a promise. One of our goals as supply chain professionals Is to produce plans that are reasonable, realistic, and actionable. Our measure of success Is our service to our customers, whether those customers are Internal or external. How do we ensure our manufacturing floor has a good promise date so that production can be properly sequenced? How can we confidently answer a customer with a reliable date for their order? How do we effectively and efficiently manage constraints, backlogs, and priorities?
View this session deck to learn how to:
Describe the relationship between ATP and MRP.
Highlight tools, tactics, and techniques for responding In a VUCA world.
Understand steps that can be taken to Improve the quality of our promising.
1 minute read
How to Use Production Reporting and Analytics to Improve Service Levels and Revenue EnablementMar 29, 2023 — The challenge is that all too many of us do not fully understand how to best leverage SAP tools to build throughput rates nor do we fully grasp the entirety of what is happening on the shop floor. Without insights into the efficiency of our production lines, we won’t be able to identify the capacity restraints that may or may not be built into our supply chain. As a result, we are in danger of under or overpromising to our customers, which leads to churn in our plan and lost revenue opportunities. Recognizing the value opportunity of identifying and measuring throughput is therefore essential to keep us agile and flexible in serving customers.
View this session deck to:
Understand the value opportunity as derived from standard SAP reports
Maximize the prerequisites to effectively utilizing standard analysis tools
Utilizing the reports to hone-in on manufacturing inefficiencies and exceptions
Using the analytics to drive to a continuous improvement model
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Case Study: Blue Diamond Growers’ Digital Supply Chain Journey with SAP S/4HANA and SAP IBPMar 29, 2023 — Click Here to View the Session Deck Is your organization needing to improve visibility and decision-making and considering SAP IBP? This session will present Blue Diamond Growers’ journey on how they are leveraging SAP S/4 HANA and IBP for their Supply Chain for extended planning and analytics. View this session deck to find out: What […]
1 minute read
Supply Chain SustainabilityMar 28, 2023 — Sustainability often requires significant investments in technology, infrastructure, and people, which can be challenging for many organizations. However, despite such challenges, it is crucial for organizations to prioritize sustainability in their overall business strategy to ensure long-term success and resilience in the face of environmental and social challenges. Companies must take a holistic approach to sustainability that considers the entire value chain and engages with stakeholders to build a culture of sustainability throughout the organization. Although there has been a significant shift towards adopting sustainable practices, such as reducing greenhouse gas emissions, conserving resources, promoting ethical business practices, and engaging with stakeholders on sustainability issues, many organizations still struggle to incorporate sustainability in the overall business strategy. This is partly due to a lack of understanding of how sustainability can be integrated into different aspects of business operations. This article discusses end-to-end supply chain sustainability steps that organizations can take to optimize their operations across their supply chains.
3 minute read
Blockchain for Supply Chain TransparencyMar 27, 2023 — In today's business landscape, companies are increasingly adopting enterprise blockchain to enhance security and transparency. The potential of blockchain to offer faster, more efficient, and cost-effective solutions is more than any other technology. The technology can disrupt traditional supply chain models by changing supply chains operations by introducing new efficiencies and opportunities for businesses across a wide range of industries. Blockchain technology in supply chain management can result in significant improvements, such as expedited and cost-effective product delivery, increased traceability of products, enhanced coordination between supply chain partners, and simplified access to financing. By enabling companies to track and trace materials to their source, verify authenticity and origin, proactively manage recalls, and streamline the flow of goods throughout the supply chain, the technology can radically improve efficiency and security. This article discusses how Blockchain technology can revolutionize supply chain management by increasing transparency, traceability, and efficiency in the movement of goods and information across the supply chain.
3 minute read
Data, Analytics, and Automation for Resilient and Agile Supply ChainsMar 24, 2023 — The difficulties associated with supply chains risks have increased rapidly. These challenges come in various forms, such as significant changes in demand and supply, unexpected disruptions affecting sourcing, manufacturing, and distribution, an increase in the number of product offerings, and alterations in geopolitics and regulations. The pandemic has only heightened these challenges as businesses strive to adapt their supply chains to meet the demands of the VUCA (Volatile, Uncertain, Complex, and Ambiguous) business environment. According to SAPinsider’s latest research report Building Resilient and Agile Supply Chains Leveraging Data, Analytics, and Automation, for organizations, the most crucial capability is the need for integrated planning and analytics capabilities that rely on a centralized, enriched, and harmonized data foundation. This need arises from the challenges they face with their current set of tools and technologies in terms of a lack of integration with other systems which significantly contributes to data fragmentation. This article discusses the findings of SAPinsider's research report, the key challenges that organizations face and the strategies organizations can leverage to build supply chain resiliency and agility.
2 minute read
Delivering Business Impact with SAP IBPMar 22, 2023 — SAP IBP is an essential component of the broader SAP S/4HANA ecosystem and has been purpose-built to help businesses of all types manage complex supply chains and streamline operations across various levels. Each module within the solution features a standardized data model, which provides real-time visibility of the supply chain. This real-time view can be a significant asset in making informed business decisions. Moreover, the integrated planning environment of SAP IBP is dedicated to facilitating collaborative planning cycles. It allows multiple users to perform various analysis scenarios and simulations and can also manage any exceptions through alerts. The overall effect is an acceleration of the planning process and better decision-making. This article discusses SAPInsider Vegas 2023 event session key takeaways on SAP IBP implementation.
4 minute read