Migration to SAP S/4HANA is a quite an investment (primarily because of Cost & Change Management) for any company and is definitely one of the top priorities of the leadership (when to take that leap). SAP S/4 HANA is inevitable as organizations will need to close the innovation gap, the sooner the decision is made the better the competitive advantage organization will get.
The most successful companies understand that achieving high customer lifetime value is the result of consistently delivering excellent customer service and customer experience. SAP C/4HANA is SAP’s fourth-generation in-memory customer experience suite that lets businesses know in real time what their customer needs and can tap into the digital core of SAP S/4HANA in a way only SAP can.
The 4th Industrial Revolution, sometimes called Industry 4.0, encompasses data automation and information exchange in different business areas. These include cognitive computing, the Internet of Things, cyber-physical systems, and cloud computing.
SAP applications are around for quite some time now and so is the option and need to extend them. SAP took care of this and offered many extension mechanisms within the underlying ABAP technology stack. In addition, the ABAP platform itself served as a strong workhorse to build custom-specific functionality and apps collocated to the SAP core system. Unfortunately, this came at a price
SAP envisions BW/4HANA as an unrestricted data warehouse solution for the modern enterprise-level organization. Data warehousing is a consolidation of corporate and extra-corporate data than can be analyzed for decision-making and innovative new products. Look for future releases to integrate more tightly with Hadoop and provide big data lakes, machine learning, and intelligent data analysis.
SAP S/4 Hana Past upgrades include the 1511, 1610, 1709, 1809 and recently the 1909 releases. These upgrades are centered on machine learning and automation. In the SAP S/4HANA 1909 release, SAP went a step further and embedded these capabilities into the platform’s core. SAP calls this the digital core.
A packaging specification is master data. The packaging specification defines all the necessary packing levels for a product for example to put away or transport the product. For a product, a packaging specification mainly describes in which quantities you can pack the product into which packaging materials.
With SAP’s Extended Warehouse Management (EWM) on-premise or cloud deployment, you can manage high-volume warehouse operations and integrate complex supply chain logistics with your warehouse and distribution processes – delivering the ultimate in visibility and control. Optimize inventory tracking, cross-docking, distribution operations, multichannel fulfillment, and more – all in real time.
S4HANA Finance for group reporting is the on-premise version of SAP’s next generation software for financial consolidation and close. SAP delivers one major on-premise release each year. From a functional standpoint, the annual on-premise version inherits from all the features delivered in the cloud version each quarter.
Companies and governments across the globe in all industries are using digital advances such as analytics, mobility, social media and smart embedded devices as well as improving their use of traditional technologies such as ERP to change customer relationships, internal processes and value propositions.