SAP S/4HANA is one of the most used and recommended ERP solutions across the globe. The SAP updates the latest versions of S/4HANA every quarter, and users get a chance to migrate to SAP S/4HANA seamlessly.
SAP S/4HANA migration has become easier since the release of its latest versions, such as S/4HANA Cloud 1811, and S/4HANA Cloud 1909. SAP S/4HANA migration services are heavily focusing their directed efforts on their efficient resources to ensure deeper cloud adoption, not only for S/4HANA but also for a few other HANA-powered applications in the market.
SAP S/4HANA migration services offer SAP S/4HANA migration that can happen in a variety of industrial domains. Below are the key domains that allow us to migrate to SAP S/4HANA from our existing ERP solution.
- Finance department
- Asset Management department
- Human Resource department
- Manufacturing department
- R&D department
- Sales department
- Sourcing and Procurement
- Supply Chain department
- Integration department
The following key innovations are essential for you to know and understand the value additions brought by SAP S/4HANA migration from your existing ERP solution to SAP S/4HANA Cloud 1811 or SAP S/4HANA Cloud 1909 in your enterprise.
First of all, let’s see the business innovations by S/4HANA Cloud 1811.
Demand-driven replenishment (DDR)
Demand-driven replenishment (DDR) in SAP S/4HANA strives to reduce variability in supply chain management. As compared to the “supply-driven” planning, the “demand-driven” replenishment works precisely the other way round. The strategic points, aka “decoupling points” in the logistics and supply chain, are procurement, production, and distribution. In DDR, the quantity, capacity, and time buffers are placed at the “decoupling points.” DDR optimizes information and material flows.
Supplier performance prediction
Today’s supply chain and logistic domain have many challenges to face, such as volatile operation, complexity, uncertainty, and ambiguity in the operability. Factors such as globalized supply chain, shorter product lifecycle, decreasing customer tolerance for the waiting period act as triggers in this case. Due to all of the triggering factors and challenges, any supply disruption can happen, and it may lead to a well-known phenomenon called the “bullwhip” effect. The latest innovation in S/4HANA Cloud 1811 enables us to predict if a supplier’s delayed shipment will impact the subsequent scheduled tasks.
Maintenance management: Actual cost analysis
This is another latest innovation brought to us by the S/4HANA Cloud 1811. In general, every maintenance planner and manager endeavors to maintain high OEE (Overall Equipment Efficiency) to ensure fewer machinery breakdowns. At the same time, the maintenance planner needs to calculate the actual costs incurred in maintaining a piece of equipment so that he can decide whether to buy new equipment, refurbish existing equipment, or entirely scrap the equipment.
Controlling project budget consumption
Controlling the budget consumption in your project is a significant challenge. Cost overrun on the project is a common issue nowadays. Weaker project budget control can be addressed with the SAP S/4HANA migration. The latest innovation in SAP S/4HANA Cloud 1811 enables us to set the warnings when the pre-decided budget limits are on the verge of exceeding. Besides, the features also help us identify hotspot areas that may have budget overrun in the forecast period. This way, we are well-informed in-advance, and in a position to take the right steps to avoid the mishap.
Now, let’s have a glance on the significant business innovations led by SAP S/4HANA Cloud 1909 — one of the leading innovative, robust, and scalable core ERP tool — which is considered as the foundation of the “Intelligent Enterprise.”
Group reporting and integrated financial planning with analytics cloud are possible with S/4HANA Cloud 1909 integrated ERP suite.
With the help of SAP S/4HANA Cloud 1909 version, one can manufacture the products with enhanced features like the predictive MRP. The production unit will be benefited from lower inventory levels due to appropriately sized buffer levels or “decoupling points.”
“Available-to-promise” (ATP) is one of the noticeable and trustworthy innovations by the S/4HANA Cloud 1909 version. ATP feature includes innovations such as additional quality checks on product allocations.
Predictive analytics in Inventory Management
Slow-moving or non-moving materials in the inventory sometimes become a headache for us. The innovation of predictive analysis in the S/4HANA Cloud 1909 version lets you continuously monitor and make time-dependent investigations of such stocks. This innovation will surely prove to be cost-effective for your organization.
Sourcing and procurement
With the precise business innovations by S/4HANA Cloud 1909, sourcing and procurement of the automation of purchase requisitions through standard rule’s configuration is possible. This makes the SAP S/4HANA migration — a need for time!