Home » AI-powered supply chain innovations in manufacturing

AI-powered supply chain innovations in manufacturing

by daily weby

Hanover, Germany — April 22, 2024 SAP SE (NYSE: SAP) today announces new AI capabilities in its supply chain solutions that can fundamentally transform productivity, efficiency and precision in manufacturing. AI-powered intelligence from real-time data will help companies use proprietary data to make better decisions across the supply chain, optimize product development, and increase manufacturing efficiency.

“Companies today face challenges ranging from disrupted supply chains to labor shortages to geopolitical uncertainties,” said Muhammad Alam, SAP SE Board Member, SAP Product Engineering. “SAP sees the growing need for high levels of flexibility and business insight and is driving innovation with AI-powered solutions to optimize supply chain and manufacturing processes. Companies can increase operational efficiency and minimize risk while delighting customers with world-class service, paving the way for sustainable growth and competitiveness.”

Real-time, accurate and relevant information helps minimize the impact of disrupted supply chains on suppliers, manufacturers and retailers worldwide. SMA Solar Technology AG and other customers have already benefited from the advantages of SAP solutions. The productivity of employees in the supply chain was increased by approximately 15 percent, the total costs for planning the supply chain were reduced by 10 percent and the costs for warehousing and inventory turnover were reduced by 10 percent.

SAP data and analyzes: Using the potential of current innovations

“SMA Solar is modernizing its manufacturing execution systems to support sustainable, risk-resistant production processes with the capabilities of AI-supported visual inspection in SAP Digital Manufacturing,” says Heiko Kehm, Head of IT Order to Cash at SMA Solar.

63 percent of supply chain management executives and 52 percent of operations executives have an AI strategy that is tied to business goals, according to “The Importance of AI in Supply Chain and Operations,” a 2024 global IDC InfoBrief*. which was sponsored by SAP. Fifty-one percent of the 2,000 respondents are integrating AI into supply chain planning business processes and key real-time decision-making applications. Another 58 percent are using AI to increase operational efficiency and employee productivity.

Key enhancements to SAP’s supply chain solutions that support customers’ AI-centric strategy include:

  • Optimizing decisions across the supply chain through AI-driven information: Companies can now leverage greater amounts of machine data and integrate AI-driven computer visual inspections into their production processes, enabling remarkable quality improvements through automation.
  • Streamlining product development: Product developers can now use SAP’s AI copilot Joule to quickly and effectively capture and improve new product ideas using natural language queries. Joule also helps link product designs to business data, visually contextualizing business-critical information.
  • Detecting plant anomalies: Using AI, plant operators can proactively respond to potential failures based on sensor data collected from smart devices and edge gateways. This new feature leverages Software AG’s cutting-edge Cumulocity IoT platform, which is scheduled to be integrated into the SAP Asset Performance Management application in the third quarter.
  • Improved on-site responsiveness: With integrated real-time traffic data and machine learning-trained models, customers can optimize their driving routes and assign jobs efficiently so that the right field technicians reach their destinations on time.

*IDC InfoBrief, gesponsert von SAP, The Importance of AI in Supply Chain and Operations, Dokument #US52042224, April 2024.

Information about SAP

As the world’s leading provider of enterprise applications and business AI, SAP (NYSE:SAP) stands at the intersection of business and technology. For over 50 years, companies have trusted SAP to realize their full potential by unifying business-critical operations such as finance, procurement, human resources, supply chain and customer experience. For more information, see www.sap.com.

Note to editors

For press photos and television material in high resolution, please visit our platform www.sap.com/photos. There you will find current broadcast-ready TV footage as well as images on SAP topics for direct download.

Contact person for the press:

Dana Roesiger, +49 6227 7 63900, dana.roesiger@sap.com, CET

Julie Schneider, +1 650 687 2788, julie.schneider@sap.com, PT

SAP press area; press@sap.com

Please note our privacy policy. You no longer want to receive press releases from us? To do this, please send an email to press@sap.com with the term “Unsubscribe” in the subject line.

# # #

This document contains forward-looking statements, that is, predictions, forecasts or other statements about future events. These statements are based on current expectations, projections and assumptions that are subject to risks and uncertainties, which could cause actual outcomes and results to differ materially. Additional information regarding these risks and uncertainties can be found in our filings with the U.S. Securities and Exchange Commission (SEC), including, but not limited to, the risk factors section of SAP’s 2023 Annual Report on Form 20 -F.

© 2024 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned in this document as well as the associated logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Additional brand information and endorsements can be found on the page

Subscribe to the SAP News Center newsletter

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.