In: Computer Science
How does S/4HANAempower digital supply chain? Provide some examples on how this system is benefiting organisations to compete?
Digital supply chain has helped in incorporating digital media delivery systems from source to destination by electronic means.
S/4HANA makes use of modular design with solutions comprising operations, finances, and supply chains. It has helped digital supply chains to use financial data and align it with non-financial data. It also provides libraries to be used for predictive business analytics, planning, spatial and text processing. This is all useful when there is a need to create an ideal platform to deploy real-time apps.
Example:
Profitability analysis of organizations has used many dimensions of S/4HANA for contribution margin. These types of margins were not clearly defined earlier. With S/4HANA derivation rules and other WBS elements have made the analysis easy. It supports costing based analysis as well which can be integrated in the existing and future innovations of the organization.