The supply chain is the backbone of every business; it is the central link between the manufacturer and the customer. Proper supply chain management allows businesses to meet the demand of their customers, deliver the chosen services or goods within the timeframes, and maintain uninterrupted functionality for the company.
The supply chain has always been the most challenging area for organizing, as it is a multifunctional ecosystem with typically scattered locations, which increases the complexity of the organization. However, in the era of digital tools, the efficiency of a supply chain is just a matter of properly chosen software for its organization and control, like SAP BTP (SAP Business Technology Platform).
What is SAP BTP and how can it improve the functionality of a supply chain? Let’s follow the guide.
What Is SAP BTP?
SAP is a set of efficient solutions to increase the functionality of the company, by streamlining the performance of its constituent parts.
Overall, there are 64 SAP modules, each responsible for a particular area. The modules can regulate business in more global terms (SAP EWM, SAP BTP, SAP S/4HANA) as well as rather local yet vital parts of performance (SAP Yard Logistics, SAP HR, etc).
One of the most beneficial features of SAP is its modular autonomy: the clients may opt for just a few solutions, which help to regulate a specific area, or integrate a few solutions, to manage all the points of business performance.
One of the ‘global’ SAP solutions is SAP BTP,which stands for Business Technology Platform. It provides clients with a unified space for organization, maintenance, and control of the business infrastructure, supply chain in particular.
SAP BTP’s major components, so-called pillars, are data management and database, analytics, application development and integration, and intelligent techniques. They enable data-driven decisions, third-party integrations, visibility of all the business’s activities, automation, and timely reports – altogether, they help to maximize the business output. The beneficial nature of the business platform can be fully unlocked with the help of professional SAP BTP services, whose experience and knowledge let companies build a perfectly structured digital presence.
How Can SAP BTP Influence Supply Chain Efficiency?
1.Demand Forecasts
The market demand is always changing; if businesses can’t keep up with the changes, they lose profitability.
Instead, SAP BTP introduces AI forecasts, which can analyze huge volumes of data, predict the customers’ needs, and ensure that businesses will be able to satisfy the demands.
Timely insights and reports, backed up by AI solutions, can help define the ‘weak points’ of the supply chain, and hence, the areas for improvement.
2.Inventory Tracking
Inventory optimization seems to be a nightmare for companies with the lack of automation and end-to-end tracking – countless unclaimed goods, understock or overstock, and reverse logistics, which lead to financial losses and non-profitable performance.
SAP BTP and its integrations allow the users to keep track of all the movements and interactions with the goods, starting with their raw state and finishing with their delivery. For instance:
-SAP warehouse management will allow full visibility into the warehouse’s movements, and transportation cycles, allowing us to track an end-to-end movement piece of inventory.
-SAP YL is used to optimize a relatively small part of a supply chain and provide complete control over yard operations.
-SAP S/4Hana Supply Chain Management offers solutions for managing and optimizing stocks, goods movements, shipment, warehousing, and transportation.
-SAP IM helps to streamline inventory control and warehouse activities and enhance supply chain efficiency.
All the integration opportunities should be discussed with SAP integration companies like LeverX, which powers the digital transformation of their clients and offers a full range of high-quality services, from consulting and implementation to support.
3.Ai-Based Solutions
Implementation of AI solutions allows organizations to automate repetitive and boring tasks, deal with labor shortages, and let workers focus on more strategic tasks.
4.End-To-End Visibility
SAP BTP provides real-time visibility into the movement of goods, right from their raw form to the customer’s doorstep.
It helps to identify issues along the way and tackle them immediately, which helps to maintain an uninterrupted functioning of the supply chain,
5.Non-Stop Control
SAP BTP can be accessed at any time and any place, thus, providing an opportunity for continuous control. Managers can monitor all the activities, anticipate potential hurdles, and take measures to prevent them. The vigilance of such a level will minimize the risks of errors and disruptions, thus, providing top-notch performance for the company, which will not be left unnoticed by the clients.
The Final Thoughts
SAP BTP is the major troubleshooter regarding business and supply chain management. Its beneficial nature works both ways – for the business and the customers:
-The businesses get an opportunity to bring automation to repetitive tasks, visibility into the end-to-end inventory routes, timely data-driven reports and decisions, streamlined functioning of the supply chain, etc.
-The customers get high-quality goods and timely delivery, which makes them satisfied and willing to use the business services once again.
SAP BTP is one ‘size’ that ‘fits-it-all’, yet its efficiency can be reached with the help of professional and extensive knowledge of the company offering SAP Implementation services. Make sure you contact the best ones to provide your company with the best performance.