How can the Intelligent Enterprise Impact the Transportation and Cargo Industry
The digital economy is disruptive. Transportation companies need strategic priorities that drive transformation. SAP Solutions powered by Approyo supports a reimagined set of end-to-end business scenarios to support the strategic priorities of working in a digital environment.
Maximize current investments - Digital approaches and technologies help you realize more out of your existing assets. They deliver key growth enablers by extending your value and innovation programs with a more reliable operation and performance foundation and improved returns to fund future investments.
Enhance processes enabled by digital capabilities - When you maximize your current investments, you are in a better position to make new investments in your operations that improve service levels as well as enable new service offerings. The resulting higher levels of service performance enable you to profitably meet the demand.
Extend business models and your brand - Digital transportation platforms will be a key strategy for the digital world. These platforms use data from a wide variety of sources to improve efficiencies in all aspects of transportation, from buying and selling or services to operations and receivables. The future will bring significant operational gains resulting from converged systems platforms leveraging data between shippers, transportation providers, and all participants to orchestrate improved transportation results and meet the demand.
Supporting next practices with intelligent enterprise resource planning (ERP) Radical change in the transportation and cargo industry segment is occurring at a rapid pace. Changes in technologies, in business models, in standards, and in the makeup of transportation and logistics companies themselves require constant adaptation. These companies must be able to respond to rapidly changing conditions, yet still deliver on time at the right price. How does a digital core with a true single source of truth help?
Responding to rapid changes A digital core is an IT architecture that offers stability and long-term reliability for core enterprise processes, yet also provides the flexibility to adapt quickly to new opportunities, challenges, and regulations. This solid foundation gives you a single source of truth, which in turn enables flexibility for innovation to accommodate things such as new business models, new regulations, and business events like mergers or acquisitions.
Simulation and analytics The ability to respond quickly is an essential part of managing a transportation and logistics company. To do this, simulation, prediction, and analytical capabilities are important components. Data is critical for gaining the insight to make decisions. This insight must be at a granular level, so that decision-makers have the detail they need to understand trends, opportunities, and risks, and quickly carry out what-if analysis using predictive algorithms.
Keeping data under control Every transportation and logistics company needs the computing capability to carry out complex algorithms with large data sets to support timely, real-time analysis. Everyone in the company must have access to data they need, whenever and wherever they need it. This is also true for the rest of the ecosystem, so suppliers can stay up to date with a company’s orders, salespeople can see customer history for credit risk and stock information, and accurate delivery schedules can be provided.
Addressing innovative opportunities Customers in every industry are demanding innovation. Companies are responding with new products and services that better meet individual needs. These new offerings impact every facet of business, not just the front office. Companies must address end-to-end (E2E) processes across departments and lines of business to deliver on new customer experiences, products, and services.
The intelligent ERP Bringing SAP S/4HANA and the SAP Leonardo technologies together as a digital core will result in a more flexible and intelligent enterprise. To achieve next-generation business processes, companies need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and the Internet of Things (IoT). Cargo organizations that strive to be early adopters and get an advantage have already begun this journey.
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