As companies all over the world face unprecedented challenges, they are turning to technologies that provide reliable insights to help them better support their employees, customers and suppliers.
Stepping up to fulfil these needs, SAP has announced that it will help companies improve supply chain and industry-specific processes, connect through the business network and embed sustainability as a critical measure of business success.
“In uncertain times, companies need a trusted partner to help them make confident decisions to enhance agility and resiliency during and beyond the current COVID-19 crisis,” says Thomas Saueressig, member of the Executive Board of SAP SE for SAP Product Engineering.
“In today’s hyperconnected world, it’s even more important for businesses to quickly react to environmental and market changes. We’re helping to address these challenges with new ways for customers to address sustainability, lead in their industry and grow their business networks.”
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Here’s a closer look at four ways SAP is said to tackle supply chain and industry challenges:
1. Climate 21
The Climate 21 programme support customers in pursuing their climate-related objectives. In a multiyear road map, SAP will work with co-innovation partners to embed sustainability metrics across SAP’s solution portfolio. This will help customers understand, analyze and optimize the carbon footprint of their products and operations along the value chain.
2. Industry Cloud
Intelligent enterprises strike the balance between optimizing their current business models and innovating at the vertical edge to develop new revenue streams and growth potential using digital technologies. SAP and its partners are offering industry cloud solutions that extend the end-to-end processes of SAP’s intelligent suite to help drive customer’s core business in their industries.
SAP’s industry cloud strategy will deliver innovative, vertical solutions from SAP and its partners. These solutions will be built on technologies in the Business Technology Platform portfolio and use an open API framework, open process model, open domain model and common business services to create a better customer and user experience.
3. Increased Investment for Industry 4.0 Across the Supply Chain
SAP brings significant innovations across the supply chain from design to operations to deliver greater insights, automation and responsiveness with the Industry 4.Now initiative.
These innovations can help companies design and manufacture intelligent products and assets that can capture and analyze the increasing tide of information from sensors across the supply chain. This enables customers to move Industry 4.0 from a factory-focused initiative to a company-wide business strategy.
4. Strategy for a Unified Business Network
SAP announced a strategy to bring end-to-end visibility, increased efficiency and collaboration across the entire supply chain processes, including design, planning, sourcing, procurement, manufacturing, logistics and asset operations. By creating a network of intelligent enterprises, SAP can help companies digitalize multi-enterprise business processes for better visibility and collaboration across the supply chain ecosystem.
