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Introduction to SAP S/4HANA in Automotive Industry

The SAP S/4HANA intelligent business suite is crafted to revolutionize the automotive industry. It delivers a tailored user experience, seamlessly integrating all facets of the business through precise analysis and forecasts. S/4HANA offers established best practices for the automotive sector, facilitating continuous real-time analysis and transactions for enhanced operational efficiency. Key strategic focuses for the automotive industry include fostering innovation in connected products, establishing a digital supply chain, adapting to a dynamic workforce, prioritizing customer satisfaction, and evolving new business models and mobility services.

 

Why invest in SAP S/4HANA in Automotive?

  • Next-generation outbound processes.
  • Continuous supply and demand balancing.
  • Tight and frictionless finance and controlling integration.
  • State-of-the-art intelligent sourcing and delivery monitoring.
  • Sales and operations planning as the starting point within your value chain network.
In the digital era, the workforce is transforming, with millennials seeking engaging and skill-oriented work. The growing demand for smarter products, driven by digital technology, necessitates skills in AI and ML. Market forces and technological advancements have shifted product development focus towards customer-centric approaches. Meeting customer expectations requires a continuous feedback mechanism to build a positive customer experience and foster loyalty. Projections indicate that by 2030, 22% of automotive revenue will be derived from transportation-as-a-service, shared mobility, and associated digital services. Suppliers, dealers, and aftermarket retailers leverage new technologies to explore innovative business models and discover opportunities for monetizing services.

 

How SAP S/4HANA Solution Transforms the Automotive Industry

Research and Development: The platform facilitates innovative business practices by effectively handling digital product and asset intelligence across interconnected networks. S/4HANA provides a robust framework for linking assets with the Internet of Things, optimizing overall performance. Additionally, it streamlines the research and development lifecycle by establishing a network of digital twins connecting manufacturers, operators, and consumers throughout the entire product and asset lifecycle.

Manufacturing and Outbound Logistics: SAP S/4HANA in automotive manufacturing significantly improves and accelerates live Material Requirements Planning (MRP) runs. The SAP HANA databases facilitate a mass product availability check for sales, planned, and production orders. The combination of SAP S/4HANA, SAP Manufacturing Integration and Intelligence (SAP MII), and SAP Manufacturing Execution (SAP ME) results in a comprehensive integration of end-to-end manufacturing processes.

Responsive Supply Network: SAP S/4HANA in automotive manufacturing enables global traceability within supply networks, integrating entire business planning and transportation management. The platform supports collaborative supply chain efforts and efficient planning related to service parts.

Sales and Marketing Planning: SAP S/4HANA in automotive manufacturing enhances collaboration among internal sales professionals and provides valuable insights. The updated sales order system effectively monitors and generates a prioritized list of outstanding sales orders based on real-time analytics. Embedded analytics within SAP S/4HANA empower sales managers to analyze trends in order-to-cash performance. Leveraging SAP HANA, end users can perform full-text searches for business documents, with results ranked according to business criteria.

Aftermarket Services: SAP S/4HANA attains service excellence by ensuring outstanding customer experiences in every interaction. It aids businesses in evolving into top-performing service organizations by addressing issues more efficiently and intelligently, ultimately enhancing service profitability. The platform fosters loyalty and goes beyond the expectations of digitally connected customers through omnichannel customer service.

Smart Mobility & Transformation: SAP S/4HANA in automotive manufacturing actively embraces change through intelligent mobility and transformative solutions. By seamlessly integrating vehicle telematics, enterprise data, and customer information, it provides intelligent mobility services that enhance the efficiency of ordering, collecting, and transporting goods. The platform optimizes processes and generates value by facilitating new business models for autonomous, connected, electric, and shared vehicles. It establishes interconnected links among people, processes, and things through real-time supply chains.

Financial Management: SAP S/4HANA in automotive manufacturing seamlessly integrates financial processes with highly automated and real-time analytics, translating them into proactive business insights spanning the entire corporate environment. Through innovative solutions, SAP empowers finance teams to evolve into strategic business leaders, providing their corporate enterprises with a competitive advantage in an ever-changing world.

 

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Conclusion

SAP S/4HANA offers an advanced solution tailored for the automotive industry, providing a competitive advantage. It facilitates the seamless attainment of manufacturing, sales, and marketing objectives. The heightened equipment effectiveness leads to decreased manufacturing costs and accelerated product delivery to the market. Utilizing predictive models with advanced analytics enables real-time predictions, enhancing excellence in sales and services. Ikyam Solutions SAP S/4HANA helps automotive companies expedite innovation within their products, improve quality, and achieve more profitable sales and service of vehicles.

To know more: https://ikyam.com/contact-us/

 

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