In today’s digital economy consumer products (CP) companies face pressures from all sides. Consumers wield great power based on easy access to information about products, pricing, and availability. The barriers of entry for new players with the “next big product idea” are lower than ever.
At the same time, channel partners, from big retailers to Amazon, are expanding their own private-label businesses. Added to all that, tremendous volatility persists in the basic costs of doing business, from raw materials, to labor, to shipping, and beyond.
Adopt industry best practices while reaching operational excellence with our real-time enterprise resource management suite for digital business that can be deployed in the cloud or on premise.
SAP S/4HANA® software was specifically developed to represent the digital core in this “bimodal IT architecture.” It provides CP companies with a proven framework to adopt industry best practices while attaining operational excellence –specifically (but not exclusively) across core industry capabilities, such as real-time supply chain and digitalized sales.
Align every aspect of your operations to the needs of modern consumers – with SAP Business One software for the consumer products industry. Anticipate, plan, and manage demand – and deliver the consumer goods and products shoppers crave.