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Best Run Chemical Companies Run SAP

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Language: en

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you probably know that sa P has hundreds
00:00:03.020 00:00:03.030 of solutions for chemicals but you may
00:00:05.599 00:00:05.609 not know that sa P has a database of
00:00:08.059 00:00:08.069 business benchmarks from thousands of
00:00:10.250 00:00:10.260 customers in the industry and that
00:00:11.799 00:00:11.809 ninety five of the top 100 companies in
00:00:14.749 00:00:14.759 the chemical industry run sa P when you
00:00:18.920 00:00:18.930 put this data together you can learn
00:00:21.019 00:00:21.029 some interesting things hi I'm Chris and
00:00:24.679 00:00:24.689 I would like to show you some of what
00:00:26.599 00:00:26.609 we've learned customers and industry
00:00:30.140 00:00:30.150 analysts told us what they look for in a
00:00:32.510 00:00:32.520 successful chemical company they look
00:00:36.260 00:00:36.270 for companies with above-average
00:00:37.790 00:00:37.800 performance as measured by metrics such
00:00:40.310 00:00:40.320 as days of sales outstanding days of
00:00:43.610 00:00:43.620 sales in inventory year-over-year sales
00:00:46.430 00:00:46.440 growth profit margins return on assets
00:00:50.650 00:00:50.660 we looked at the chemical companies with
00:00:53.119 00:00:53.129 the best scores across these and other
00:00:55.010 00:00:55.020 metrics to find out what SI p solutions
00:00:57.950 00:00:57.960 the best-run chemical companies were
00:00:59.630 00:00:59.640 using in different parts of their
00:01:01.400 00:01:01.410 businesses like finance people and
00:01:04.399 00:01:04.409 talent procurement product innovation
00:01:08.649 00:01:08.659 sales and marketing supply chain
00:01:13.240 00:01:13.250 manufacturing and asset utilization and
00:01:16.240 00:01:16.250 information technology management then
00:01:19.789 00:01:19.799 we broke up the solutions into typical
00:01:21.859 00:01:21.869 phases of adoption such as standardized
00:01:24.910 00:01:24.920 extend differentiate transform let's
00:01:30.710 00:01:30.720 look at an example to understand how
00:01:32.510 00:01:32.520 this works most of the leading chemical
00:01:35.120 00:01:35.130 companies began with sa P's foundational
00:01:37.520 00:01:37.530 ERP solution to cover standard finance
00:01:41.690 00:01:41.700 procurement manufacturing sales and
00:01:44.990 00:01:45.000 supply chain processes from there many
00:01:48.859 00:01:48.869 of these companies extended there sa P
00:01:50.929 00:01:50.939 footprints by adopting compliance data
00:01:53.450 00:01:53.460 management and governance solutions to
00:01:55.670 00:01:55.680 reduce business and IT risk after this
00:01:59.709 00:01:59.719 companies chose to differentiate
00:02:01.940 00:02:01.950 themselves based on their unique
00:02:03.560 00:02:03.570 corporate strategies agile and
00:02:06.800 00:02:06.810 responsive companies aiming to
00:02:08.359 00:02:08.369 differentiate themselves by rapid
00:02:10.219 00:02:10.229 response to changing customer demands
00:02:12.630 00:02:12.640 adopted s ap supply chain planning
00:02:14.910 00:02:14.920 solutions on sa P's real-time HANA
00:02:18.030 00:02:18.040 platform service oriented businesses
00:02:21.390 00:02:21.400 opted for s AP customer relationship
00:02:23.790 00:02:23.800 management solutions which also leverage
00:02:26.310 00:02:26.320 sa P Hana to deliver real-time customer
00:02:29.250 00:02:29.260 information to the field companies with
00:02:32.610 00:02:32.620 leading-edge products selected product
00:02:34.710 00:02:34.720 and portfolio management and
00:02:36.180 00:02:36.190 collaborative product development in
00:02:39.480 00:02:39.490 some cases companies adopted solutions
00:02:42.120 00:02:42.130 across multiple business areas while
00:02:44.430 00:02:44.440 seeking a multi-pronged approach to
00:02:46.410 00:02:46.420 differentiation when executives choose
00:02:49.590 00:02:49.600 to transform their companies today they
00:02:52.080 00:02:52.090 need to go beyond traditional solutions
00:02:54.199 00:02:54.209 they need solutions that enable their
00:02:56.790 00:02:56.800 globally deployed workforces to have
00:02:58.650 00:02:58.660 immediate access to real-time data and
00:03:00.690 00:03:00.700 analytics to support business decisions
00:03:03.300 00:03:03.310 a senior sales vice president may need a
00:03:06.690 00:03:06.700 solution to quickly analyze sales and
00:03:08.940 00:03:08.950 product data in real-time with a
00:03:11.070 00:03:11.080 solution like sa Pease profitability
00:03:13.050 00:03:13.060 analysis on Hana to identify
00:03:15.449 00:03:15.459 opportunities to price deals
00:03:16.949 00:03:16.959 advantageous Li and improve margin while
00:03:20.160 00:03:20.170 the deals are still in the process of
00:03:22.140 00:03:22.150 negotiation the head of supply chain may
00:03:25.680 00:03:25.690 need an integrated business planning
00:03:27.120 00:03:27.130 solution that collects supply and demand
00:03:30.030 00:03:30.040 information from all parts of the
00:03:31.560 00:03:31.570 organization and analyzes it on the hana
00:03:34.440 00:03:34.450 real-time platform to deliver a
00:03:36.570 00:03:36.580 consensus plan a plan that can be
00:03:39.449 00:03:39.459 updated daily even hourly based on
00:03:42.030 00:03:42.040 changes to customer orders to vendor
00:03:44.430 00:03:44.440 deliveries to inventory movements to all
00:03:47.250 00:03:47.260 those unanticipated changes that make
00:03:49.560 00:03:49.570 perfect and profitable order such a
00:03:51.479 00:03:51.489 challenge a chief procurement officer
00:03:54.570 00:03:54.580 may support supply chain planning by
00:03:57.210 00:03:57.220 establishing close collaboration over a
00:03:59.340 00:03:59.350 Reba network with vendors who serve as
00:04:01.800 00:04:01.810 contract manufacturers enabling
00:04:04.320 00:04:04.330 visibility that covers the entire supply
00:04:06.330 00:04:06.340 chain and facilitates optimized order
00:04:09.240 00:04:09.250 fulfillment we charted over 50
00:04:12.539 00:04:12.549 applications adopted by the chemical
00:04:14.400 00:04:14.410 companies with the top scores across our
00:04:16.469 00:04:16.479 business metrics
00:04:18.569 00:04:18.579 we would like to share the results of
00:04:20.640 00:04:20.650 this collective roadmap with you so you
00:04:22.770 00:04:22.780 can benefit from the experience of your
00:04:24.719 00:04:24.729 peers as you develop your business and
00:04:26.879 00:04:26.889 IT strategy the next move is yours
00:04:31.760 00:04:31.770 please contact us to talk about
00:04:34.040 00:04:34.050 transforming your business with sa P
00:04:36.869 00:04:36.879 solutions that will help you become a
00:04:38.610 00:04:38.620 best run Chemical Company

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