Some of the digital strategies in SAP supply chain processes are: 1. Planning and Forecasting: SAP offers advanced planning and forecasting tools such as SAP Integrated Business Planning (IBP) that leverage machine learning algorithms to analyze historical data and make predictions about future demand for products. This enables companies to optimize their inventory levels, reduce waste, and improve customer service. For example, Coca-Cola uses SAP IBP to optimize its inventory levels and reduce costs. 2. Sourcing and Procurement: SAP Ariba is a cloud-based procurement platform that enables companies to streamline procurement processes, reduce errors, and improve supplier relationships. Ariba automates routine tasks such as purchase orders and invoice processing, while also providing a collaborative platform for buyers and suppliers to work together. For example, Siemens uses SAP Ariba to manage its procurement processes, reducing costs and improving supplier relationships. 3. Production and Manufacturing: SAP Manufacturing Execution System (MES) is a software platform that enables companies to automate and optimize their production processes. MES can be used to track production in real-time, optimize workflows, and reduce manual errors. For example, BMW uses SAP MES to automate its production processes, improving efficiency and reducing labor costs. 4. Warehousing and Inventory Management: […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
