SUPPLY CHAIN
Speaking to Sustainability magazine at the SAP Sapphire event , Rayan is keen to discuss some of the latest announcements and enhancements impacting ISBN and supply chain .
The first is the launch of new product sourcing solutions from SAP for the discrete manufacturing companies of highly engineered products . This is typically automotive and some industrial machinery and component manufacturing companies .
These new solutions were designed with input from a council of leading automotive manufacturers and their suppliers . What they do is help manufacturers manage the highly complex process of direct materials sourcing for highly engineered products that typically have hundreds or even thousands of component parts . The customer outcome is accelerated time to market , improved compliance , automating critical price renegotiations , and improved product sustainability .
Secondly , there are some working capital initiatives that SAP supports with the help of Taulia – a fintech company acquired by SAP in March 2022 .
112 October 2022