In the rapidly evolving world of supply chain management, leveraging data to make informed decisions is essential. Supply Chain Business Intelligence (SCBI) is transforming the way companies operate, providing a competitive edge through enhanced visibility, efficiency, and cost-effectiveness, from inventory levels and supplier performance to customer demand and shipping logistics.
S&OP is a complex, data-intensive process that involves coordinating sales forecasts, production plans, inventory management, and financial goals. The traditional approach often relies on manual data entry and analysis, which can lead to inefficiencies, inaccuracies, and delayed responses to market changes. AI Automation could become a game-changer to ensure an agile, responsive, and accurate S&OP process.
In 2020, SAP announced that it would extend the mainstream maintenance for its ECC software until the end of 2027. This extension provides businesses with additional time to plan and execute their migration to SAP S/4HANA. However, the deadline is fast approaching, and organizations that fail to migrate by 2027 will face higher costs and limited support options.
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Supply Chain Management