Food and Beverage
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Food and Beverage is a diverse industry that touches on many other verticals. From agribusiness, to manufacturing, to wholesale distribution, to retail and services, food and beverage encompasses many functions. That means the technology needed to keep food and beverage companies varies greatly depending on where along the chain a company lands. Of course, there are also some companies that operate along all potential lines of business within food and beverage.
SAP and Partner Solutions for Food and Beverage
There are many solutions in the SAP ecosystem that are relevant to the Financial Services sector:
Food and Beverage is a diverse industry that touches on many other verticals. From agribusiness, to manufacturing, to wholesale distribution, to retail and services, food and beverage encompasses many functions. That means the technology needed to keep food and beverage companies varies greatly depending on where along the chain a company lands. Of course, there are also some companies that operate along all potential lines of business within food and beverage.
SAP and Partner Solutions for Food and Beverage
There are many solutions in the SAP ecosystem that are relevant to the Financial Services sector:
- Digital Customer Engagement is about modernizing the way companies reach consumers, which can include omnichannel commerce, customer experience management, digital banking, customer analytics, and marketing offerings.
- Finance and Risk solutions help companies stay compliant and avoid risk by touching on Governance, Risk, and Compliance (GRC) functionality, financial planning and analysis, data services, reporting, and accounting for financial instruments.
- Banking Operations tools aim to help those in the banking industry with key functions including card management, retail services, payments, cash and liquidity management, and commercial lending.
- Total Spend Management is about helping companies get a centralized view of spend by combining multiple cloud offerings around procurement, vendor management, sourcing and contracting, invoicing and payables, travel reimbursement, and analytics.
- HCM and HXM solutions help organizations with recruiting, onboarding, talent management, and more.
- Core ERP systems act as a system of record for key transactional information.
The financial services sector is turning to technology to assist with becoming more digital and more relevant to consumers. At the same time, they are looking to build processes and systems that can provide centralized views of data around customers, compliance, risk, finance, and employees.
Key Considerations for SAPinsiders
Financial services companies are utilizing SAP and partner solutions as part of their transformation programs within a variety of focus areas, including security, automation, and digitization.
- How Zurich North America used BlackLine to move to SAP S/4HANA. Read this case study to hear about Zurich North America’s SAP S/4HANA migration, including how it utilized Blackline Solutions for Automation & Control during the project.
- Swiss Federal Administration planned its SAP S/4HANA move with security design in mind. Read this case study to learn how the Swiss Federal Administration managed SAP Security within its SAP S/4HANA migration.
- Deutsche Börse Group’s approach to digitization, process redesign, and defining sustainable user journeys. Read this Q&A to learn about Deutsch Börse Group is transforming its SAP landscape while also transforming its business overall.
684 results
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Moving Average Price: Learn How It Functions in Project Stock and Figure Out How to Explain the Unexplainable
Published: 17/January/2013
Reading time: 81 mins
A lot can go wrong if you don’t understand moving average price. Sort out the complexities that arise when material movements, invoices, reversals, and purchase order history interact with moving average price. Understand both the cause and the cure for the frustration and confusion. Key Concept Materials that are entered into an SAP system as...…
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Best Practices for Implementing SAP APO SNP Optimizers
Published: 30/March/2012
Reading time: 32 mins
An SAP Advanced Planning & Optimization (SAP APO) Supply Network Planning (SNP) Optimizer implementation requires that you perform specific tasks during each phase of the project. Follow these specific tasks along with a set of tips and tricks for modeling different types of business requirements. Case studies and examples reinforce the learning and are applicable...…
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Spotlight: A Tyson Foods Veteran Offers Advice on SAP Implementations
Published: 25/February/2013
Reading time: 6 mins
/Project Management/MobileIn this Q&A Danny Hudson of Tyson Foods answers questions about implementing SAP applications. Danny Hudson has been a business solutions architect at Tyson Foods since December 2007. He has been involved with Tyson’s implementation of SAP Process Control and also has been involved with configuration and design of other SAP applications, including the...…
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The Best Way Forward – Executing SAP Carve-outs for Business Success
Published: 09/January/2025
Reading time: 5 mins
In the fast-evolving business environment, effective management of SAP carve-outs is crucial for companies undergoing mergers or divestitures, necessitating a structured approach that includes stakeholder engagement, governance, agile methodologies, and advanced tools to ensure seamless data segregation and operational continuity.
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Report Design from Start to Finish with the SAP APO Demand Planning Add-In for Microsoft Excel
Published: 26/October/2015
Reading time: 11 mins
Learn how to create reports in the new SAP Advanced Planning and Optimization (SAP APO) demand planning add-in for Microsoft Excel from scratch. Follow a use case to help you understand the prerequisites for using this functionality. Key Concept The SAP Advanced Planning and Optimization (SAP APO) demand planning add-in for Microsoft Excel provides a...…
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- SAP IBP
- Premium
Case Study: Learn how Arla Foods integrated SAP IBP Demand Sensing in Short-term Demand Planning
Demand sensing is a concept for capturing and modelling various big data demand signals into intelligence to foresee short-term sales demand patterns and demand changes to proactively adapt your operational supply chain planning. Reduction of scrap, increased customer service levels, lower inventories, improved replenishment decisions and reduced time spent by the planners are the business…
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Production Planning for Today’s Supply Chain
Published: 21/April/2017
Reading time: 6 mins
Today’s customers expect a high degree of customization from manufacturers. To serve this “market of one,” manufacturers need efficient, effective processes that can operate nimbly, account for individual customer preferences, and offer short delivery times. Discover how the advanced production planning and scheduling functionality included in SAP S/4HANA can help you produce the right products…
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Reducing Supply Chain Complexity Through Integrated Labeling
Published: 22/June/2021
Reading time: 6 mins
by Kumar Singh, Research Director, Automation & Analytics, Supply Chain Management, SAPinsider Supply chain disruptions are on the rise and one of many key reasons is the ever-increasing complexity of global supply chains. Complex SKU portfolios, scattered global manufacturing and distribution footprint, evolving customer segments, omnichannel, these are some of the examples of the factors that…
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Timken’s Accounting Automation Enables a Virtual Close and Streamlined Audits
Published: 14/August/2020
Reading time: 8 mins
For companies with growth strategies that rely heavily on acquisitions, there are multiple complexities involved with integrating the systems, data, processes, and people. In addition, the challenge of maintaining a remote workforce due to recent global events comes with its own set of complications. However, somehow through all this complexity, products are still being made,…
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How Executives Are Building the Technology Landscapes That Power Business Transformation
Published: 26/July/2021
Reading time: 10 mins
The July Technology Executive Forum virtual meeting explored how companies are building technology landscapes that support business transformation. The agenda included a summary of SAPinsider’s latest research, which tells us that companies are accelerating their plans to move to SAP S/4HANA and the cloud. Vitesco’s CIO Thomas Buck spoke during the opening keynote session about…
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