SAP Announces Additional Business Planning Capabilities; Digital Logistics Also Enhanced

SAP has announced that it has added additional planning capabilities to SAP Integrated Business Planning, the company's cloud-based solution for inventory and supply optimization, exception-driven response management, operations and sales planning, and forecasting and detection. demand. The new capabilities will allow customers to plan for anticipated maturity by extending supply chain planning beyond the boundaries of the company.

Hans Thalbauer, SVP, IoT and Digital Supply Chain, SAP, said in an official statement: "Customer expectations about supply chain planning solutions are changing rapidly and companies increasingly require extended collaborative planning that includes entities beyond their own company. " "Our integrated planning solution utilizes SAP's collaborative provider network to enable our customers to integrate and collaborate directly with their suppliers during the planning process and advance the planning maturity curve."

SAP Integrated Business Planning serves a variety of industries with the goal of enabling organizations to reap the benefits of reduced inventories and improved customer service. Some of the new capabilities are:

•     Supply-side collaboration
•     Visibility of available shelf life/expiry of inventory
•     Visibility of significant factors and adjusted values
•     Enhanced demand sensing
•     Option for product discontinuation
•     Visualization of multiple levels of time within a single view

SAP enhances digital logistics

SAP also announced new capabilities in the management and transport of warehouses that would allow customers to operate their supply management systems and logistics processes transparently.

The latest versions of SAP Extended Warehouse Management and SAP Transportation Management have been integrated with the SAP Global Batch Traceability application. The solutions would help customers streamline the entire logistics process by expanding their supply chain execution platform and tracking batches from start to finish at different locations and different steps in the process. The new capabilities also help in reducing transportation costs and improve productivity and speed of compliance. These latest innovations improve connectivity to smart devices in the IoT, which provides access to larger amounts of data to gain deeper insights into the entire digital supply chain.

SAP Transportation Management now includes a solitary user interface for air cargo security that improves user productivity. SAP Extended Warehouse Management now offers better analytics to provide managers with more information and visibility on KPIs, such as the use of storage capacity, analysis of service levels and outbound delivery issues.