An Integrated Digital Approach in Supply Chain – The SAP S/4 HANA way

An integrated digital approach in Supply chain- The SAP S/4 HANA way

Understanding SAP HANA & SAP S/4 HANA –
An In Memory data base. So what does it exactly mean?

“An In-Memory database means all the data from source system is stored in a RAM memory. In a conventional Database system, all data is stored in hard disk. SAP HANA In-Memory Database wastes no time in loading the data from hard disk to RAM”

SAP HANA (High performance ANalytical Appliance)	SAP S/4 HANA (It refers to SAP SUITE FOR HANA)
An application that uses in-memory database technology	S/4 HANA is NOT A DATABSE rather it is a Business solution built on SAP HANA.
Allows the processing of massive amounts of real time data in a short time.	S/4 HANA is a next generation Business suite designed to help organisations execute their processes in a simplified fashion yet stay relevant and well connected with their complete network.
The in-memory computing engine allows HANA to process data stored in RAM as opposed to reading it from a disk.	It offers the users a personalized experience with SAP UI5 Fiori.

Intelligent enterprises share many of the common traits of business-resilient organizations. They are:-

Being Agile and responsive:

Thereby enabling employees to adapt and respond with more ability to think, understand, and move quickly with intelligent decision making

Adaptive in real time:

Making right decisions with real-time data and intelligence, enabling better business outcomes

Collaborative and integrated:

Across the entire enterprise and extending to the global network of suppliers, contingent labor, and supply chains

Being Innovative:

By using data and emerging technologies such as machine learning, IoT and AI to scale fast

IN SHORT…THIS TYPE OF INTELLIGENT ENTERPRISE BECOMES A TRULY CONNECTED AND INTEGARTED ENTERPRISE, WHICH CAN INCLUDE HR, MANUFACTURING, FINANCE, AND SUPPLY CHAINS.

A compelling ERP like SAP with S/4 HANA could serve as a strong backbone in augmenting these traits for all Businesses across the lengths and breadths of a Supply chain ecosystem.

One of the Gartner’s analysis’ conveys this :-

Supply chain leaders increased interaction with broader trading network.

Top 3 interactors by 2025 :-

Tier 2 and beyond supplier
End customers/consumers
Contract manufacturers

And why this Trend change is predicted

Conclusion

A major change in interaction between the stakeholders in Supply chain is predicted within the year 2025. As this is imperative for a rapid and real time growth across all Industry verticals. This can be achieved only if industries rapidly adopt the path of digitalizing their current set up until their last leg.

An ERP platform like SAP S/4 HANA can prove exponentially helpful in leading the path of Industrial Digitalization. And the search for enterprises in finding a right partner in adopting intelligent technologies in its supply chain ends when SAP is chosen as their partner.