With materials and component shortages, misaligned inventory levels, longer lead times, and rising prices, supply chain disruptions are now the stuff of mainstream media and front-page news. The way forward is through leading-edge supply chain collaboration. To meet demand, organizations need greater visibility across globally distributed operations, better collaboration with trading partners, and insights into risks, all while operating more sustainably.
This is where business networks come into play.
Today’s complex, globally extended supply chains require more than guesswork to execute with confidence. Visibility is the key. With SAP Business Network, you can share critical information between your company and your trading partners to help improve alignment and avoid disruption. Now, you can see into your suppliers’ inventory, assess their capacity and ability to deliver, and build a responsive, resilient supply chain capable of weathering the change.
Higher on-time deliveries 1
lead times 2
Lower supply and distribution
planning FTE cost 3
Today’s supply chains move quickly, and you can’t afford to lose time with manual processes that slow you down. SAP Business Network helps streamline collaboration, enabling you to free up resources for higher-value activities.
Now, you can find the right partners to work with, collaborate on product innovation and manufacturing, and better manage complex processes – from logistics to invoices to quality management. The time is now to diversify your supply base and get up to speed with automated processes that improve visibility, speed execution, and minimize errors.
Lower days inventory outstanding 4
Of direct spend “leaders” use a network to collaborate with suppliers5
Reduction in expedited logistics operating costs 6
Supply chain complexity increases supply chain risk. SAP Business Network is designed to help you simplify by tightly coordinating plans and activities with your supply base to better identify and address risks before they cause problems. Now, you can access data, business rules, and alerts for insights into the suppliers you work with – enabling you to proactively discover areas of risk and help ensure compliance.
Lower revenue loss due to stock-outs 7
Of procurement and supply chain executives have the ability to segment suppliers by risk level and category quickly and easily 8
Lower maintenance costs through predictive or condition-based work orders 9
Leading organizations worldwide see a strong correlation between profitability and sustainability – and they’re taking action to stay ahead. SAP Business Network helps you gather the data needed to understand where you stand on sustainability issues. Collaborate with supply chain partners to achieve your goals. Compare your results with trading partners and those of your peers. Drive innovation by designing products that use sustainable materials or less energy. Speed is essential, and the true risk lies in doing nothing at all.
Report that impact of suppliers is a high priority for investment10
Report that materials use is a high priority for investment 11
Report being dissatisfied with the quality of the data they collect about environmental sustainability 12