Consumer behaviour is a highly dynamic and critical aspect of a business. With changing consumer demand patterns, companies are motivated to focus on tapping into extended partner networks to provide the needed service levels, enhancing service delivery and capabilities. Businesses are using trading partner networks to deliver sustainable and innovative business solutions transforming the global economy into a networked economy that thrives on collaboration.
These changing business dynamics further require other enterprises to catch up and compete in a Networked Economy. Unfortunately, supply chains are plagued by siloed operations and poor collaboration among suppliers, distributors, and service providers that intervene in leveraging networks of networks and therefore account for poor visibility in processes and data sharing. With SAP Solutions like SAP Business Network, we aim to transform disintegrated and siloed business trading networks into a unified one that empowers data sharing and enhances visibility among all stakeholders.
SAP Business Network is an innovative new solution for enterprises that facilitates connection through a single directory and collaboration with different trading and supply chain partners through real-time data sharing and lean workflows. It further provides intelligence that can be applied across the networks to predict new opportunities and identify unprecedented disruptions. With SAP Business Network, businesses can adopt modern ways to work that help mitigate risks, make data-backed decisions and augment business responsiveness and supply chain resilience.
SAP aims to help businesses leverage the most extensive business networks by connecting trading partners for a comprehensive supply chain experience. Thus, any enterprise joining the SAP Business Network will be able to nurture contractor and partner relationships through a unified platform. SAP Business Network offers three network-based solutions for such enhanced collaboration:
The SAP Ariba Network forms an integral part of the SAP Business Network. The SAP Ariba Supply Chain Collaboration for Buyers and the Ariba Network helps businesses enhance supply chain visibility. With a comprehensive overview of strategic and operational procurement processes and documentation flow, the SAP Ariba Network facilitates transactions and strengthens relationships between buyers and sellers. The networks enable automation, capacity, and inventory optimization and help streamline procurement workflows and build supply chain resilience.
SAP LBN is an open logistics network that brings together various business partners for inter-company collaboration and insights. It provides role-based access depending on the different needs of different partners. SAP LBN facilitates the exchange of data between various supply chain participants at a global level to leverage synergies, gain a common understanding, and optimize their processes for cost reduction and improved capacity utilization. SAP LBN drives supply chain agility and resilience through a comprehensive set of capabilities.
Download your copy of the Buyer’s Guide for SAP Logistics Business Network – Freight Collaboration and Buyer’s Guide for SAP Logistics Business Network -GTT to learn more and explore if SAP LBN is the right fit for your business.
As an integral part of the SAP Business Network, SAP Asset Intelligence Network enables effective asset management through better collaboration among asset owners, operators, and service providers with seamless information sharing and feedback on performance.
SAP Business Network enables shippers and carriers to work together for a smooth freight order lifecycle management, improved visibility into shipments in transit, and extensive material tracking. Stakeholders can automate logistics collaboration and reduce costs by using a single point of access to manage transactions.
In a dynamic business landscape, enterprises must be quick to react to change and take advantage of any new opportunities. Therefore, businesses need agility and visibility to discover new trading partners or logistics providers to leverage new opportunities and the digital economy, especially when global supply chains have been experiencing unprecedented disruptions. Here are some of the benefits of SAP Business Network in Logistics.
SAP Business Network is the go-to solution that increases agility by extending your enterprise’s market potential to make the best of new opportunities and gain a competitive edge.
With SAP Business Network as a central entry point for all your integrated business systems, market your products faster, cut down on overhead and related costs, and react proactively in times of any disruption.
SAP Business Network allows you to collaborate with all your supply chain trading partners, including suppliers, logistics service providers, asset operators, maintenance contractors, and more. Leverage unmatched visibility across all supply chain processes with the SAP Business Network.
Learn more about the SAP LBN FC - project44 connection demo to understand how shipment tracking works in a real production scenario.
With SAP Business Network, optimize resource utilization, increase productivity, reduce operational costs and free up FTE capacity through the complete digitization of manual supply chain processes.
With SAP Business Network's role as a holistic solution that blends how your company interacts with value chain partners, businesses can effectively overcome inherent supply chain challenges. Novigo's focus continues to be on discovering new methods to manage more intelligent supply chains by finding the potential in business process optimization. We're always working to make supply chains more resilient and better prepared for the future. Our expertise and collaborations with this innovative SAP product make us the right partners for implementing it in your business. To learn more, feel free to request a demo with us.