SAVIC Inc.’s Post

𝐌𝐚𝐧𝐞𝐮𝐯𝐞𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐚𝐳𝐞: 𝐇𝐨𝐰 𝐂𝐏𝐆 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐂𝐚𝐧 𝐂𝐨𝐧𝐪𝐮𝐞𝐫 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐇𝐮𝐫𝐝𝐥𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐀𝐏 The world of Consumer-Packaged Goods is a land of strict regulations. From safety standards to safety requirements, there is a seemingly endless list of hoops to jump through. SAP Public Cloud is here to be your trusty guide and its compliance features are the map that will lead you to regulatory peace. Imagine that you have developed a revolutionary new line of organic bars. But before you can release it to hungry masses, you must navigate a regulation maze. You need to ensure your ingredients are safe, your labelling is crystal clear, and your data is squeaky clean. It is enough to make even the most seasoned CPG pro break out in a sweat. SAP Public Cloud helps in navigating the regulatory landscape with confidence. Here’s how they remove these challenges- 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐢𝐬𝐞𝐝 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬- SAP Public Cloud comes to the rescue with its built-in compliance features. This ensures everyone’s on the same page regarding meeting compliance standards. 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐖𝐨𝐫𝐤𝐟𝐥𝐨𝐰𝐬- Repetitive tasks like data collection and reporting are automated, freeing you up to focus on more strategic initiatives. 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲- SAP Public Cloud boasts top-notch security features that keep your data safe and sound. This is crucial for CPG companies that handle sensitive information like consumer data and product formulas. SAVIC helps in navigating and providing expert guidance and support to ensure your SAP Public Cloud environment meets the strictest regulatory requirements. Here’s how SAVIC helps you win the compliance game: 𝐏𝐫𝐞-𝐂𝐨𝐧𝐟𝐢𝐠𝐮𝐫𝐞𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐞𝐬- SAVIC offers pre-built packages that address the specific needs of different industries, including CPG. 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐮𝐩𝐩𝐨𝐫𝐭- A team of compliance specialists is at your disposal to answer your questions and guide you through the process. 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠- SAVIC continuously monitors your SAP Public Cloud environment to identify and address any potential compliance issues. With SAP Public Cloud and SAVIC, you can transform compliance from a burden into a strategic advantage. By ensuring you meet all the regulations, you can focus on what truly matters developing innovative products and delighting your customers. With the right tools and support you can navigate the regulatory maze and emerge victorious, ready to CPG stars. Connect with us today at www.savictech.com

@#Healthcare #SupplyChain #Management Market worth $3.3 billion by 2025 Download PD Brochure for More Details@ https://lnkd.in/da4RNYX4 Major Growth Driving Factors: The key factors driving the growth of this market include the adoption of GS1 system of standard in the #healthcareindustry globally, the emergence of cloud-based solutions, reduction in operational costs by improving the efficacy and increase in overall profitability. However, the high cost of implementation of #supplychainmanagement software is expected to restrict market growth to a certain extent. Projected Surge in Global Revenue: The size of global healthcare supply chain management market in terms of revenue was estimated to be worth $2.2 billion in 2020 and is poised to reach $3.3 billion by 2025, growing at a CAGR of 7.9% from 2020 to 2025. #healthcareit #healthcareindustry #health #healthcarenews #healthcareinformationtechnology #healthcareinformation #healthcaretech #healthcareinnovations #healthcaretech Key Players: SAP Oracle Infor McKesson Tecsys Inc. GHX Cardinal Health Determine, a Corcentric Company Epicor Coupa Supply Chain Solutions, powered by LLamasoft Manhattan Associates Blue Yonder (JDA Software) Cerner Corporation Jump Technologies, Inc. LogiTag Systems Harris Affinity Premier Inc. Accurate Info Soft Pvt Ltd Arvato Systems Recent Developments: # In 2020, Infor acquired Intelligent InSites. # In 2019, Oracle launched Intelligent Track and Trace, a blockchain application # In 2019, SAP SE partnered with Microsoft Corporation, to improve consumer adoption of SAP Cloud Platform and SAP S/4 HANA on Microsoft Azure.

🤝 We're proud to announce our recent partnership with Winterhawk, an award-winning consultancy practice specialising in Business Risk & Assurance for customers running SAP solutions. This collaboration combines our advanced capabilities in producing high-quality machine-readable regulatory data with Winterhawk’s GRC expertise. Together, we’re enhancing SAP Regulatory packages with AI and ML, providing a comprehensive, reliable source of regulatory information for organisations across multiple industry verticals, including financial and sustainability sectors. Steve Hewison, MD at Winterhawk, said: “Organisations face challenges in appropriately and effectively managing Risk. If you get it wrong, it’s a world of lost productivity, high costs, audit and regulatory failures, leading to brand and reputational damage. We are delighted to form a global partnership with RegGenome/University of Cambridge’s Regulatory Genome Project and believe it will bring tremendous value to our customers”. Read the full press release here: https://ow.ly/WyQq50Tcrfc #SAPsolutions #GRCexpertise #AIinRegulatory #MLinRegulatory #RegulatoryGenomeProject #RegGenome

Strongly recommended if you want to understand why your company does not leverage the full potential within your supply network and how you can move your processes and organization to the next level. Become a digital transformer and register now! Vienna is calling. 

Sick of searching through separate sources and sending supplier requests in silos? 💻 With over 20 automated feeds to assurance schemes, and hundres of other APIs with trusted data sources and leading ERP and PLM systems, our software is made to mingle! So if you're looking for technology that talks, get in touch with the team to take your data from segregated to integrated today. https://lnkd.in/e3Y4KG8N #Integrations #APIs #SupplyChain #Data

With businesses losing an average of 5% of revenue each year to fraud, that equates to $25 to $50 million a year for Enterprise businesses. Keep bad actors out of your supply chain, and out of your coffers, by automating supplier validations in the onboarding process. Learn more about how to insulate your business: #supplychain #SCM #Workday #Coupa #SAP

This is going to be a theme in the coming months and years, and it's something that all Importers (or other supply chain folks) should start paying attention to. Historically, data has not been easily available. I'm talking about data like that which is on a commercial invoice. Or, data that is contained on a packing list. So, it makes sense that nobody would invest to develop technology that requires that data. This is particularly true when it comes to Importers, themselves. If it is impossible to get packing list information, then why would I create a system that understands packing list data? The answer, apparently, is that you wouldn't. Which is evident as nobody has a system that understands what a shipment is, nor what product is contained in said shipment. As you follow the logic to its conclusion, most companies do not have a system where international supply chain data is able to be captured, made sense of, and capable of helping in decision making/implication analysis. Why does this matter? Because the data problem is just about solved. IDP, or Intelligent Document Processing, is a recent technology advancement using genAI/LLM that has effectively made the ability to transform pdf documents into data a reality. (If you're inclined to argue that it quite isn't there yet...you might be right...but it will be solved with v2, which will come to pass in 2, 3, or 12 months...so the point is moot.) With the data problem being solved, the unstated and unacknowledged problem that everyone will face is that they don't have a system to house the data and make sense of it. (Your ERP won't be the solution...even if you want it to be.) So, for those of you at Importers and BCOs, you better start turning your mind to this. This is your number one problem right now. You need somewhere to put your supply chain data...and you don't have that technology stack today. Worse, there aren't a lot of companies that you can look at. (Pssst....3rdwave is the answer for small to mid-sized companies. But other companies like GT Nexus, Gnosis Freight, One Network Enterprises, Gravity Supply Chain Solutions, and Jon Monroe exist for big companies.)

I've authored a blog on Life Sciences Supply Chain, highlighting the trap of “analysis paralysis” which decision makers often fall into and what features should CIOs look at to emerge out of it, while selecting a Supply Chain Planning Software for digital transformation. You can read more here. Ganapathy Murugesan, Dipankar Dey, Magesh Karthik K, Prashant Gaonkar, Sujith Balan

⚙️ What can you achieve with SAP #BTP ? ⚙️ Is it indeed the answer to #cleancore ? ⚙️ Can #BTP configurability provide the answer to organisations custom needs? These questions and more can be answered with a #BTP health check complementary from Rizing Reach out to me directly to learn more.

In a world where supply chain complexities reign and data plays a pivotal role in efficiency and innovation, the key to streamlined operations might be found in data standardization. Unified language and data definitions have facilitated great successes in other industries, and some logistics experts believe implementing similar conformities could help shippers gain a clearer picture of inventory levels, potential disruptions, and more. https://hubs.la/Q02qFVDP0