
Integrated Business Planning for the Chemicals, Oil and Gas Industry
Chemical Industry Current Market Trends
The chemical industry is being driven by four critical forces. Chemical companies need to drive real-time insight, operational excellence, and sustainable product and process innovation to secure profitable growth
Chemical Industry Challenges
Global economic conditions, volatile prices for raw materials and energy and increased competition to conspire to disrupt the chemical industry landscape. Leading chemical firms must rise to meet these challenges and streamline their operations while continuing to innovate.
Fragmented product innovation processes and lack of product-centric data yields high costs and delays in delivering new products to market
Inconsistent data models and lack of real-time insight into plant floor data leads to inefficient use of manufacturing assets and increased operational risk
Missing real-time visibility into supply chain events increases supply chain costs and reduces delivery performance
Poor customer segmentation and pipeline visibility as well as inconsistent pricing policies cause lost revenue and margin
Critical Success Factors for Effective Integrated Business Planning and Execution
Chemical enterprises need to be agile and better aligned to meet the challenges of today and the future
New SAP Technology: Enabler of Next-Generation Applications and Capabilities
Next generation SAP solutions built on new SAP technology enable the required capabilities to support integrated planning and execution and transform the company to meet the challenges of today and the future. This is accomplished with:
Transform with SAP
Next generation SAP Solutions on SAP HANA have become the innovation engine and foundation for transforming enterprises to meet the challenges of today and the future. The business benefits from integrated business planning and execution are incredible, with notable statistics shown below:
Why SAP?
SAP helps the world run better and improves people's lives by offering solutions to the toughest business challenges... this is what we bring to chemical companies.
We are the market leader in enterprise software with more than 282 000 customers across 199 countries With SAP's solutions and services our customers stay ahead of trends, make better decisions faster and innovate through simplification.
Our chemical solution portfolio provides:
97 of the Top 100 Chemical Companies run SAP:
Our inspiration: "We've remained focused on the success of our customers- they are at the heart of our ambitions. The passion of SAP' employees has brought amazing momentum. Our best ever financial results are a testament to our strategic direction, our customer orientation, and our world class employees." Bill McDemott, CEO, SAP
Key Differentiators of SAP IBP for the Chemical, Oil and Gas Industry
Additional Material
Learn More
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
4 | |
3 | |
3 | |
2 | |
2 | |
2 | |
2 | |
2 | |
1 | |
1 |