Changes in technologies, in business models, and in standards and with the ever-evolving customers require constant adaptation. distribution companies must be able to respond to rapidly changing conditions and offer targeted customer engagement at scale. To achieve next-generation business processes, retailers need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and IoT. Intelligent ERP is immediate – empowering business users with insights to act at the moment; it is intelligent – going beyond automation to predictive suggestion, and it is integrated – not only between your departments but for consumers and suppliers alike.
In the current ERP system, Master data management and transactions provide little support for season handling or decision making to steer merchandise flows accordingly to procure and deliver goods on time. To identify erroneous invoices, a user must go back and forth to change search parameters and requires an administrator to resolve business issues with suppliers.
With SAP S/4HANA, New seasonality concepts as the main driver for product processes along its complete lifecycle, from master data creation to procurement and sales, price calculation, and stock management. SAP S/4HANA utilizes Embedded and predictive analytics for contract consumption and SAP Fiori apps ease the navigation for managing and performing mass updates on souring documents.
By implementing SAP S/4HANA, Business processes can help increase revenue, reduce the cost associated with data errors. SAP S/4HANA core is embedded with a single platform for all warehouse and transportation management, including optimization, automation, and labor management, basic and advanced shipping capabilities, and real-time analytics. This helps increase inventory turns and optimizes the supply chain.