Software giant SAP announced a series of AI-driven enhancements to its supply chain management solutions designed to leverage real-time data, allowing companies to refine their decision-making processes, enhance product development, and bolster manufacturing effectiveness.
“Businesses today are confronted with challenges ranging from supply chain disruptions and labor shortages to geopolitical uncertainties,” said Executive Board Member Muhammad Alam. “SAP recognizes the imperative for agility and intelligence, driving innovation with AI-powered solutions to streamline supply chain and manufacturing processes. Companies can enhance operational efficiency and improve supply chain resiliency while delighting customers with superior service, paving the way for sustained growth and market competitiveness.”
Accurate, real-time information helps mitigate the impact of supply-chain disruptions on suppliers, manufacturers, and distributors worldwide. The early results are promising. SMA Solar Technology AG, for instance, reported a 15% increase in supply chain workforce productivity, and a 10% reduction in planning costs and inventory expenses.“SMA Solar modernizes its manufacturing execution systems to support sustainable, risk-resilient manufacturing operations with the power of AI-enabled visual inspection in the SAP Digital Manufacturing solution,” said Heiko Kehm, SMA Solar's Head of IT.
SAP’s AI innovations include: