Over the past few years, the manufacturing sector has witnessed an unprecedented revitalization. Across the world, countries have acknowledged that the economic value generated by the production of tangible things is the linchpin of a strong and stable financial system. In many cases, outsourced manufacturing is being brought back to where it originated.
What are the challenges faced by the Industrial Machinery & Components Industry ?
1. Doing more with less resources: improving KPIs like time to market, on-time delivery, and overall equipment effectiveness is a constant struggle
2. Demanding customers: not only expect great products, but also parts, accessories, and services delivered potentially by a pay per use model
3. Machine & digital convergence: whether you call it the Internet of Things, the Industrial Internet, machine to machine (M2M), Industry 4.0, or something else, this convergence is happening very quickly, and early-movers are leveraging "smart machines" to drive tremendous competitive advantage.
New Technologies to Solve Today’s Challenges
SAP has new innovative products and technologies specifically designed for industrial manufacturers to address the above three challenges.
- SAP HANA in-memory database technology with Fiori user interfaces delivered via the cloud is the technology foundation that helps deliver dramatically improved financial and operational performance
- hybris coupled with variant configuration enables true configure, price, and quote capabilities for solution selling of highly-engineered products
- By combining SAP's world-class engineering, sales, supply chain, manufacturing, and aftermarket service solutions with recent Internet of Things enhancements to SAP HANA, thought-leading manufacturers are driving innovative business scenarios that are driving significant returns.
SAP Solutions in action
Migrating to SAP Business Suite powered by SAP HANA, a global manufacturer of heating, ventilation, and air-conditioning solutions was able to:
- Generate accounts receivable reports 98% faster to dramatically improve cash flow
- Reduce planning cycles from three hours to 15 minutes to significantly increase responsiveness
- Save over €1 million through outstanding operational efficiency improvements in operational efficiency.
With the SAP hybris B2B multi-channel commerce solutions, a global industrial supply company increased sales:
- Across 1 million line items
- From 3,000 suppliers
- Shipping to 2 million customers
- Through roughly 500,000 sales orders per day.
Using the Internet of Things-enabled SAP HANA platform in the cloud, a German manufacturer of industrial equipment can monitor deployed equipment remotely and schedule maintenance activities in a predictive manner.
There are many more stories and examples from more than 7,000 SAP customers in the industrial machinery and components market. We invite you to visit our SAP Industrial Machinery & Components web page hereto find out more about these stories and the SAP solutions behind them.
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