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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
Accelerate Supply Chain Transformation and InnovationNov 9, 2022 — In today’s uncertain economic climate, companies cannot wait years or even months to realize the benefits of supply chain digitalization. They require modular, interoperable solutions that can be implemented quickly to deliver responsiveness and resilience. These solutions must address the most critical needs of businesses by enabling the rapid deployment of essential supply-chain functionality in the cloud as a first step in the digital transformation journey. The key to success is a transformation into an intelligent enterprise with a digital supply chain.
1 minute read
How Siemens Gamesa Supports a Newly Merged Company with a Single Digital PlatformNov 9, 2022 — With the ambition to unlock the full potential of wind power to help tackle the climate crisis, Siemens Gamesa Renewable Energy S.A. is a pioneer in the renewable energy sector. Following the merger that created the company, Siemens Gamesa implemented SAP S/4HANA®, providing a unified platform for standardized, enterprise-wide processes. Now, the firm benefits from increased operational visibility, enabling more-agile decision-making and supporting the delivery of carbon-free power to new markets.
1 minute read
Build First-Class Field Service Operations and Foster Close Customer RelationshipsNov 9, 2022 — Top-performing field service organizations move with speed, flexibility, and agility to meet increasing customer expectations for high asset availability and performance. New service models continue to rise, and manufacturers and service providers strive for higher profits by fostering servitization. By optimizing field service operations and helping customers keep equipment up and running, you can build trust and long-lasting relationships.
1 minute read
On-Demand – Executive Roundtable | Supply Chain Trends: Top Challenges and Actionable Insights for LeadersNov 8, 2022 — The article discusses the increasing challenges faced by IT and business leaders in supply chain management, emphasizing the need for resilience, sustainability, cost-efficiency, decentralization, and omni-channel strategies amidst current economic pressures and trends towards agile, cloud-based systems.
1 minute read
How To Optimize Inventory With All the Variables in PlaySep 21, 2022 — Optimize Inventory Cost reduction and managing risks are two of the top three essential priorities for supply chain managers across the board, perhaps behind only supporting top-line growth. Inventory is one area in which cost reduction and risk management are critical to better financial results. How much of your company’s working capital is tied up […]
4 minute read
Webinar On-Demand: Tips for Improving the End-to-End Supply Chain with SAP on GoogleOct 6, 2022 — The need for supply chain visibility continues to emerge as a prominent driver in SAPinsider research. In fact, lack of end-to-end visibility was recently cited as the top pain point in supply chain planning.
Considering the criticality of supply chain visibility, business leaders are increasingly looking to the benefits of AI-driven technology and real-time data analytics solutions.
This webinar provides actionable guidance to enable an end-to-end visibility strategy that addresses the growing business imperative of supply chain sustainability. Join experts from T-Systems and Google Cloud as they explore how to:
Identify opportunities to reduce risk and create greater efficiencies across supply chain and production operations, including tips to leverage IoT, blockchain, and AI technology
Adhere to regulatory and compliance guidelines pertaining to supply chain operations, including the Supply Chain Transparency Act
Discuss the importance of sustainability and the decarbonization of supply chains and explore solution offerings that streamline the collection and recording of CO2 emissions data
1 minute read
Supply Chain Challenges, Forces and Transformation StrategyJun 30, 2022 — To address supply chain challenges and tackle the forces, there is a need for an inclusive strategy and a holistic transformation which includes People, Processes and Tools. It is crucial that it’s a business-driven transformation and NOT just a technology/tools transformation. The supply chain needs to be Connected, Predictive and Cognitive to enable organizations to become demand-driven, resilient, and intelligent.
4 minute read
How to Optimize your SAP Supply Chain PerformanceJun 22, 2022 — Supply chain disruptions have become the new normal – but they shouldn’t have to be. While other companies may struggle to forecast and anticipate orders long-term, having the right tools to evaluate historical performance and spot trends can make all the difference in your organization’s supply chain performance. Hear firsthand from industry leading supply chain […]
1 minute read