As the world’s largest trading platform in the world with over $ 6 trillion in 12-month transactions, the SAP business network is entered into mass data groups and the functionality of one that helps customers to maximize operational skills and supply chain ability.
In the third part of Cloud Wars’s continued analysis of the SAP business network, founder Bob Evans spoke with Manoj Swaminathan, president and leading product official for SAP Intelligent Spent and Business Network, how companies are using the network to maximize visibility and skill in both internal operations and partner relationships.
Driving resistance, commercial partner cooperation
To stay competitive in a rapidly changing business climate that is turbocharged by the addition of it, organizations must choose their visibility of the supply chain, operational suitability and regulatory compliance. At the heart of their business operations is the corporate erp system, which automates the processes concentrated in the interior, procurement and supply chain processes.
But there is a common challenge with some ERP systems: they are silent within the walls of an organization and, therefore, do not necessarily enable cooperation with suppliers or other partners. This means that customers can encounter challenges by harmonizing their procurement processes and the chain of supply with trading partners. After all, this can degrade visibility and increase the risk of disrespect.
“In SAP, we clearly understand the critical need for organizations to overcome gaps in cooperation and managing the process through their supply chains,” says Swaminathan. “That is why SAP Business Network was created to modernize how companies relate to their trading partners, using it and business rules configured to enable non -problems.”
The SAP business network is directly integrated with the ERP companies and other business systems lines, digitizing the interactions that previously rely on manual, Edi or portals that serve a single function. In doing so, the network reduces such inefficiency.
Integration between the SAP business network and backward systems also optimizes the sustainability of the supply chain in businesses that have undergone many outages in recent years. The network provides visibility to level 1 and level 2 supply partners. “You may be much more proactive in terms of identifying risk based on all this information in your value chain, something you could not do without such visibility,” says Mr. Swaminathan.
Comprehensive network data set – improved by it – provides clients with proactive visibility in risks, as well as recommendations on how to respond. For clients, this translates into greater efficiency and operational resistance. “Being able to operate with the level of sustainability without having an impact on their business is what they are focusing on, and they are waiting for SAP solutions to support their efforts to achieve that resistance,” he says.
Measurable business results
In addition to improving the supply chain resistance, Swaminathan described some of the measurable results that SAP customers can wait when using the SAP business network. A recent photo of the Business Value IDC, sponsored by SAP* offers the following knowledge:
- Over a three-year period, organizations have been able to make a tremendous return of 404% of investments
- Organizations using the SAP business network were able to accelerate the distribution of products with about 27% and their market speed has improved about 30%
- A client of the pharmaceutical industry improved the visibility of the supply chain and reached close to 50% of security shares.
He first, suite first
SAP is going through an AI- and suite with its enterprise software to help clients meet the goals of growth and productivity. This means that critical skills are enabled by the box and fully integrated from a perspective of the user experience and within the back systems.
“With the business he at the top of the type of data we are able to obtain the network -enabled transactions, we have a level of visibility that we can provide as a command center for a supply chain character, so that they are able to see, not only the instant value chain but also the value -enabled value chain,” says Swaminathan.
These advances collectively lay the foundations for smart decision -making in time, says Mr. Swaminathan. “By connecting our trade partners on a unified platform, it is a powerful training for smooth cooperation, skills and innovation of the rapidly changing supply chain.”
While the SAP business network continues to progress in terms of the functionality of it and the suite, as well as integration with the back systems, clients are gaining new efficiency, enhanced supply chain skills and a powerful weapon to compete in it.
*Snapshot for Business Value IDC, sponsored by SAP, Business Value of Business Network SAP SIDE, DOC #US52679524, October 2024
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