How SAP is Helping the Automotive Industry?

Apart from the rise of the digital transformation of the automotive industry, SAP has been contributing towards the advancement of vehicle tracking systems. This is because the connected car platform provides users with the opportunity to integrate with mobile and online applications. These features can be used for a variety of purposes including vehicle diagnostics, remote vehicle location services, logistics, payment and rental.SAP brings to life transportation as the business of the future. The solution will help automakers achieve and meet all of the industry’s future challenges with the right capabilities to maximize growth and differentiation, generate additional revenue and create a better customer experience. Visit here for in-depth details.

“With the advent of the connected and autonomous vehicle, the automotive industry will be more energy-efficient, sustainable and connected to society than ever before,” said Chris Pullano, Senior Vice President and General Manager of SAP Industrial Solutions. “Through our solutions, the automakers will gain the agility to innovate, improve the customer experience, reduce costs, and increase asset utilization. SAP and Oracle are making substantial progress toward the development of the ecosystem needed for automotive to realize the full potential of the digital era.”

SAP Automotive is beneficial as:

  • It offers end-to-end Automotive Solution with no dependencies.
  • There is a continuous evolution to the core functions such as the development of manufacturing software, systems integration and support.
  • It offers comprehensive customization options and use of specialized design tools for creating a factory environment and controlling assembly lines for production.
  • It also provides integration options from SAP, Microsoft and other technologies.

It Bring Industry 4.0 Innovations:

“The impact of Industry 4.0 and the development of digital twins for predictive maintenance and increased process integration into new vehicle architectures are transformative trends for the automotive industry,” said Jeff VahabZadeh, Oracle Industry Partner Director and Head of Oracle Industrial Solutions. “Together with Oracle, SAP will continue to bring Industry 4.0 innovations that support the industry’s transition to the digital and connected economy.”

Benefits of the SAP Solution Include:

The open, modular and scalable solution like SAP automotive can be tailored to the specific needs of the automotive market. Automakers can define applications and use cases for their specific business processes, enabling them to benefit from the streamlined flow of information throughout the supply chain. Let’s see few benefits of SAP Automotive:

  • Increase Revenue and Profit:

The digital cloud is a perfect fit for the automotive business. The SAP Automotive offers a wide range of applications like marketing, maintenance and repair, ordering and supply chain, trading, logistics and customer service. These solutions are essential for increasing revenue and driving profits for the vehicle manufacturer. In addition, the automotive solutions provide for seamless operations and easy maintenance by different systems like the financial management system, fleet management system, repair management system, ordering management system and many more. However, in spite of having many such solutions, SAP Enterprise Resource Planning (ERP) Cloud is best.

  • Enhance Productivity:

SAP helps its customers to operate efficient and enhance their productivity. It helps customers to enhance the business process along with saving their time and money. It also helps customers to provide the best customer experience to their customers by enhancing their product/service offering, as well as creating solutions.

  • Inventory Management:

Automotive businesses are increasingly dependent on accurate and timely inventory management. The supply chain integrity that SAP provides is essential for maintaining production levels and achieving regulatory compliance.

  • Retail:

Customers can rely on the data to manage the end-to-end process of selecting products, purchasing products, fulfilling customer orders, storing inventory, and planning future inventory needs.

  • Supplier Operations:

Manufacturers and suppliers share information about their needs and expectations with regards to product and service replenishment, causing bottlenecks that prevent optimization of production schedules and inventory management. Integration of SAP Air360 with SAP S/4HANA Cloud enables the industry to leverage real-time data to ensure immediate availability of products to the market.

  • Flexibility:

SAP introduced a new module for Connected Vehicle services in SAP S/4HANA Cloud. The module provides real-time data monitoring and analysis for automotive customers. It helps companies focus on their core business and have the flexibility to adapt quickly to changing business requirements. It also helps them maintain a strong competitive position by providing an extended portfolio of software offerings for the connected car and mobility management. It also enhances the application user experience with navigation and security features.

  • Reduce Downtime:

SAP helps the automotive industry to reduce downtime by extending tracking to the final assembly point through greater collaboration between suppliers, production lines, distribution and retail. The solution also monitors the status of globalized parts and components deliveries, improving the safety of operations and inventory management through integrated shipments and tracking. In addition, the solution enables the industry to discover new opportunities by connecting with other SAP solutions and services to create solutions that integrate and power business processes.

  • Safety:

The new integrated platform supports the optimal use of resources, streamlining inventory management and improving the safety of all businesses during the production process.

SAP has established a strong foothold in the automotive market, with global customers including Daimler and Schaeffler, which include Michelin, Continental, Faurecia and KSPG. Through its robust solution portfolio, SAP offers the industry an array of mobility solutions such as SAP S/4HANA Cloud, SAP S/4HANA Cloud for Manufacturing and SAP S/4HANA Cloud for Retail.

Concluding Words:

As market leader in enterprise application software, SAP helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 388,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably.  SAP and its automotive industry customers are harnessing the power of the SAP solution to enable the industry to move more efficiently and safely, maximizing the utilization of existing resources, while mitigating supply chain disruptions.

About Lola Mays

Check Also

6 Tips on How Businesses Use Technology in 2024

Technology advancements have proven to be an indispensable part of our daily lives. The business …