Frost & Sullivan Confers Supply Chain Management Product Quality Leadership of the Year Award on SAP AG
01 September 2009 - 4:00PM
PR Newswire (US)
LONDON, Sept. 1 /PRNewswire/ -- The 2009 Frost & Sullivan
Global Supply Chain Management (SCM) Product Quality Leadership of
the Year Award is presented to SAP AG, the market leader in the SCM
market, for its commitment to superior product quality and for
being a one-stop solution for the supply chain requirements of all
types of businesses. The company's unique ability to address and
fulfill customer requirements has resulted in a high degree of
customer satisfaction and supported the increase of its SCM
customer base by 8 percent from 2007 to 2008. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO) More than
15,000 customers across all market segments rely on the SAP Supply
Chain Management (SAP SCM) application, including automotive,
aerospace and defense, chemicals, consumer products, hi-tech,
telecommunications, logistics, and oil and gas. SAP SCM is part of
SAP Business Suite software, which gives organizations the unique
ability to perform essential business processes with modular
software that is designed to work with other SAP and non-SAP
software. Organizations and departments in all sectors can deploy
SAP Business Suite to address specific business challenges at any
time and without costly upgrades. "With companies increasingly
focusing on making their supply chain lean, SAP AG is found to
reduce the inventory levels effectively by 10.0 to 70.0 percent,"
notes Frost & Sullivan Research Analyst Archana Rajagopalan.
"With a 30 percent increase in the forecasting accuracy observed by
customers, SAP SCM is found to offer return on investment (ROI)
within six months of its implementation even as SAP SCM
implementation has been observed to enable 99 percent inventory
accuracy." Some of the benefits offered by SAP include the better
responsiveness to changes in supply and demand. SAP SCM enables
customers to sense and respond to potential risks, and capitalize
on any new opportunities in a short duration. The company's
solutions also result in enhanced customer satisfaction. By
offering a common information framework supporting communication
and collaboration, SAP SCM helps in building a responsive supply
network that is adaptive to ever changing customer demands. In
addition to having made the supply chain demand-driven, the
software product also helps in monitoring supply chain compliance
in areas such as environment, health and safety. "SAP enables
improved cash flow for its clients since lower inventory levels
directly translate to reduced overall logistics cost," states
Rajagopalan. "Its solutions also support higher margins for
clients." Moreover, SAP SCM helps in maintaining strong connections
and collaboration with trading partners to ensure that a company's
supply network is aligned with its current business strategies and
priorities, improving the overall performance and facilitating the
achievement of goals. Exceptional software maintenance and support
has been another hallmark of the company; the SAP Active Global
Support (SAP AGS) organization helps its customers in gaining
skills and resources to optimize solution performance and business
processes," remarks Rajagopalan. "SAP AGS offers a range of
services to help its customers in becoming a best-run business."
Among these services are end-to-end solution operations. This
involves providing an overall blueprint to optimize the operations
of SAP solutions and ensuring the availability of mission-critical
business processes by managing performance and volume. This also
improves data transparency and consistency across the entire
business. Other outstanding services include SAP Enterprise Support
services, SAP MaxAttention(TM) support, SAP Safeguarding services,
the SAP Solution Manager application management solution and SAP
Test Data Migration Server software. "SAP is honored to receive
this award, and believes that it is a testament to our long history
in the supply chain space and our continued effort to deliver
innovation to our customers ever evolving supply networks," says
Lori Mitchell-Keller, Senior Vice President, Suite Solution
Management at SAP. "As a core application solution of SAP Business
Suite, we believe that SAP SCM enables companies with fluctuating
demand or high product complexity to sense and respond faster and
smarter to demand and supply dynamics across a diverse global
network". The Frost & Sullivan Award for Product Quality
Leadership of the Year is bestowed upon the company that has
demonstrated superior quality control over its competitors in
product manufacturing. Quality control is an essential element of
satisfying customers, increasing repeat buying behavior, and
assuring long-term market survival. Frost & Sullivan Best
Practices Awards recognise companies in a variety of regional and
global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological
innovation, customer service, and strategic product development.
Industry analysts compare market participants and measure
performance through in-depth interviews, analysis, and extensive
secondary research in order to identify best practices in the
industry. About SAP Business Suite SAP Business Suite software
enables enterprises to execute and optimize their business and IT
strategies. SAP Business Suite gives organizations the unique
ability to perform their essential industry-specific and business
support processes with modular software that is designed to work
with other SAP and non-SAP software. Organizations and departments
in all industries can deploy SAP Business Suite software in a
step-wise manner to address specific business challenges on their
own timelines and without costly upgrades. SAP Business Suite
provides better insight and visibility across organizations,
improves operational efficiency and effectiveness, and increases
the flexibility to address business change. About SAP SAP is the
world's leading provider of business software(*), offering
applications and services that enable companies of all sizes and in
more than 25 industries to become best-run businesses. With more
than 89,000 customers in over 120 countries, the company is listed
on several exchanges, including the Frankfurt stock exchange and
NYSE, under the symbol "SAP." For more information, visit. About
Frost & Sullivan Frost & Sullivan, the Growth Partnership
Company, enables clients to accelerate growth and achieve best in
class positions in growth, innovation and leadership. The company's
Growth Partnership Service provides the CEO and the CEO's Growth
Team with disciplined research and best practice models to drive
the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of
experience in partnering with Global 1000 companies, emerging
businesses and the investment community from more than 35 offices
on six continents. To join our Growth Partnership, please visit
http://www.frost.com/. Contact: Ciara Jamie Connolly, Senior Events
& Promotions Executive/ EMEA, Best Practices, Frost &
Sullivan, | P: 0044 (0) 207.915.7868 | F: 0044 (0) 207.730.3343 |
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