SAP Supply Chain: Business Network

The challenges in today’s supply chains can be overwhelming. Immerse your organization with agility, speed, and resiliency by increased collaboration in real time for business continuity and growth.

Business Network Simply Defined

A business network allows collaboration with all partners in the supply chain to accomplish strategic and operational objectives. It can include suppliers, logistics, service providers, asset operators, contractors, or other partners. A business network empowers uniform interactions and integration, allowing faster movement than ever before with unparalleled visibility and ROI.

Key capabilities include:

• Leverage supplier collaboration regardless of size or type by a flexible and scaled network.
• Execute with confidence by sharing important information to improve forecasting and avoid supply disruptions.
• Drive supply chain resiliency through tight coordination among suppliers and logistics teams to reduce risks.
• Utilize resources strategically by digitalizing manual supply chain, asset maintenance and procurement processes.

SAP Supply Chain: Business Network

The challenges in today’s supply chains can be overwhelming. Immerse your organization with agility, speed, and resiliency by increased collaboration in real time for business continuity and growth.

Business Network Simply Defined

A business network allows collaboration with all partners in the supply chain to accomplish strategic and operational objectives. It can include suppliers, logistics, service providers, asset operators, contractors, or other partners. A business network empowers uniform interactions and integration, allowing faster movement than ever before with unparalleled visibility and ROI.

Key capabilities include:

• Leverage supplier collaboration regardless of size or type by a flexible and scaled network.
• Execute with confidence by sharing important information to improve forecasting and avoid supply disruptions.
• Drive supply chain resiliency through tight coordination among suppliers and logistics teams to reduce risks.
• Utilize resources strategically by digitalizing manual supply chain, asset maintenance and procurement processes.

For example, topics in supply chain like sustainability and circular supply chain need rapid, creative collaboration. Organizations need to be current by brainstorming and making a commitment to re-use, refurbish, remanufacture, and recycle. A business network is a powerful tool for groups to work together in real time. Tie the value chain together for the delivery of goods and services. Each entity is connected to the other creating ever-evolving flexible relationships.

10 benefits for every business in the network include:

1. Accelerate time to market
2. Focus on core competencies
3. Enhance customer service
4. Communicate in real time
5. Predict risks and opportunities
6. Introduce seamless role-based collaboration
7. Leverage collative intelligence
8. Act on real-time insights
9. Discover new partners
10. Work toward common goals and metrics.

Vendor partners offering powerful digital software solutions are: SAP, Dell, HPE.

SAP offers three solutions — Ariba Network, SAP Logistics Network, and SAP Asset Intelligent Network.

Key highlights of how these can help your business are:

• Procurement: Buyer and supplier collaboration for standardized workflows.
• Manufacturing: Manufacturers and contractors can drive process automation and collaboration.
• Operations: Asset operators and service providers collaborate on end-to-end maintenance activities.
• Logistics: Shippers and carriers jointly oversee the transportation lifecycle.

It is important to note that SAP has unified existing networks into one. Ariba Network is now called SAP Business Network. The name change can be seen in the portal. It does not change any login credentials, transactions, or network configurations.

Key Considerations for SAPinsiders

• Navigating Supply Chain Disruptions with SAP Logistics Business Network. Learn how to get real-time insights by collaborating efficiently to mitigate risks.
• Increase Supplier Compliance with Sustainable Business Networks. Read the article by William Newman about maintaining accurate records of supplier compliance with efficiency.
• How to Leverage SAP’s Digital Supplier Network to make Fulfillment Smarter and Simpler. Watch this webinar to learn how to optimize procurement processes through digital transformation.