The prestigious Frost & Sullivan Market Engineering Award for product innovation in the European supply chain event management software market is presented to SAP, a leader in collaborative e-business solutions. The company’s pioneering mySAP supply chain management (mySAP SCM) has been at the forefront of the transformation from linear supply chains to more adaptive supply chain networks. Key supply chain collaboration, planning, coordination and execution capabilities have been the core of mySAP SCM. It has enabled companies to lower costs, improve productivity, and gain the competitive edge. As Frost & Sullivan Research Analyst, Andrew Ball notes, “SAP delivers real value for its customers with the company’s supply chain event management capabilities and mySAP SCM. Companies can implement the event management module quickly, thus ensuring a rapid return on investment. The ability to integrate planning, execution and event management functionalities provides the basis for an automated, adaptive supply chain.”
mySAP SCM enables an organisation to create an adaptive supply chain network by tracking the progress of events across the entire supply chain. “It is the only solution that monitors every stage of the supply chain process, from price quotation to the moment the customer receives the product,” explains Mr. Ball. The ability to marshal data from multiple sources has enabled SAP's SCEM solution to be consistently more innovative than its competitors. Extensive data gathered from carriers, vehicle on-board computations, GPS systems, scanners for railcar and container tags, and tracking service providers allows constant monitoring of plans and performance standards. Moreover, the solution issues alerts and facilitates rapid and appropriate responses to any exceptions that arise. “SAP will continue to innovate following on from its release of version SAP EM 1.1 with a particular emphasis on its ability to interact with RFID tags to enhance visibility, “ adds Mr. Ball. To choose the recipient of this award, Frost & Sullivan analysts benchmarked companies against criteria such as significance of new product(s), competitive advantage of new product(s), product innovation in terms of unique technology, product acceptance in the marketplace and new product value-added services provided to customers. Interviews with all the market participants, and extensive secondary and technology research revealed SAP to be the undisputed winner in this category.
It is in recognition of the proven ability of mySAP SCM to enhance communication, collaboration, and co-ordination across the entire supply chain that the Frost & Sullivan Market Engineering Award for product innovation in the European supply chain event management software market is conferred on SAP.
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About Frost & Sullivan
Frost & Sullivan, a global leader in international strategic growth consulting and training, bestows Market Engineering Awards to companies demonstrating exceptional market share leadership skills in the increasingly competitive marketplace. Frost & Sullivan rigorously analyses specific criteria to determine Market Engineering Award recipients in a variety of regional and global market landscapes. Founded in 1961, Frost & Sullivan is headquartered in San Jose, California, with offices located worldwide. For further information, visit www.frost.com.
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About SAP
SAP is the world’s leading provider of e-business software solutions. Through the mySAP.com® e-business platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 18,800 companies in over 120 countries run more than 56,000 installations of SAP® software. With subsidiaries in over 50 countries, the company is listed on several exchanges including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at http://www.sap.com) Media Contact SAP:
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