SAP SE has made significant advancements in its supply chain solutions, incorporating AI technology to drive productivity, efficiency, and precision in the manufacturing industry. By leveraging real-time data and AI-driven insights, companies can make better decisions throughout their supply chains, streamline product development, and enhance manufacturing efficiency.
According to Muhammad Alam, a member of the Executive Board of SAP SE and SAP Product Engineering, businesses face various challenges today, such as supply chain disruptions, labor shortages, and geopolitical uncertainties. SAP recognizes the importance of agility and intelligence in addressing these challenges, and therefore, they are driving innovation with AI-powered solutions to optimize supply chain and manufacturing processes. This enables companies to improve operational efficiency, enhance supply chain resiliency, and deliver superior service to customers, ultimately fostering sustained growth and market competitiveness.
The availability of accurate and relevant real-time information plays a crucial role in mitigating the impact of supply chain disruptions on suppliers, manufacturers, and distributors worldwide. Customers like SMA Solar Technology AG have already experienced the benefits of SAP's solutions, including a 15% increase in supply chain workforce productivity, a 10% decrease in overall supply chain planning costs, and a 10% reduction in inventory carrying costs and stock turnover rate.
Heiko Kehm, SMA Solar's head of IT Order to Cash, highlights the company's adoption of SAP's Digital Manufacturing solution, which incorporates AI-enabled visual inspection to modernize their manufacturing execution systems. This move supports sustainable and risk-resilient manufacturing operations, further demonstrating the power of AI in driving efficiency and effectiveness in the industry.
More Information : https://www.techdogs.com/tech-news/pr-newswire/sap-unveils-ai-driven-supply-chain-innovations-to-transform-manufacturing
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