article thumbnail

Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

5000 developers are working on product enhancements and extensions to the SAP spend management suite. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience.

SAP 289
article thumbnail

Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

Molex implemented a multi-enterprise supply chain network platform from SAP called SAP Business Network. Tony Gainsford, a supply chain director at Molex, said that before implementing SAP Business Network, 70% of their purchase orders were not confirmed. The task management in SAP Business Network also helps.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Smart Contracts Are Impacting Supply Chains

Logistics Viewpoints

Suppliers using blockchain for supply chains: IBMs TradeLens, VeChain, SAP Blockchain, Hyperledger Fabric What Are Smart Contracts and How Do They Work? How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g., This creates opportunities for fraud, inefficiency, and payment delays.

article thumbnail

My Response to SAP. Bigger, But Not The Answer We Need

Supply Chain Shaman

This week, SAP announced the intention to build business communities to drive improved outcomes. ” The focus is on combining the Ariba Networks, the SAP Logistics Business Network, and the SAP Asset Intelligence Network. SAP’s argument is that the solution benefits 5.5 The post My Response to SAP.

SAP 225
article thumbnail

­Driving decarbonization with technology

Taulia

­Driving decarbonization with technology In 2023, the SAP CPO Think Tank community has been closely examining how companies can accelerate supply chain decarbonization. This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. How can technology help?

article thumbnail

Elon Musk Ensures that Product Development is Not Siloed

Logistics Viewpoints

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. I attended the SAP Spend Connect Live conference in Vienna, Austria a couple weeks ago. This user conference focused on SAP’s spend management and business network solutions.

article thumbnail

KRONOS Worldwide Improves Service and Reduces Costs with Managed Trans

Logistics Viewpoints

Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility. KRONOS Worldwide implemented SAP’s ERP to gain more central control and streamline operations. SAP was acting as a recording tool,” Mr. Musabasic said. “We