The Next Generation Erp Resource Planning

1615 WordsApr 12, 20177 Pages
EXECUTIVE SUMMARY The next-generation ERP (Enterprise Resource Planning) business suite is the SAP S/4 HANA, the company’s biggest innovation since SAP R/3. SAP S/4HANA is a real-time enterprise resource management suite for digital business. It is built on an advanced in-memory platform, SAP HANA, and offers a personalized, consumer-grade user experience with SAP Fiori. Deployable in the cloud or on premise, SAP S/4HANA can drive instant value across all lines of business. (www.sap.com) SAP S/4 HANA signals a move away from the transactional system that merely records data towards giving end users active decision support in real time that is based on data from both internal and external sources. The history of digital business before…show more content…
HISTORY: The major development project for SAP was HANA. It was introduced in 2011, an in-memory database platform. SAP has offered HANA as a deployment option for Business Suite, and in 2015, SAP S/4 HANA was released. A recent study has shown that 75% of the customers migrated from their existing SAP Business Suite on HANA which the initial crucial step in moving to SAP S/4 HANA. Enterprise Resource Planning is a product application that can incorporate organizations and compose every one of their operations, money related, inventory network and manufacturing. We truly can 't explain ERP without mentioning the innovation application in it. Major planning, in depth explanation of the materials required with a detail resource planning followed by the execution of the process. Reporting tools and analyzing the data is a very core part of the system. Case 1: Lenovo group and SAP, partnered to enhance their user experience for SAP HANA. SAP HANA was used by organizations before the advanced version SAP S/4 HANA was introduced. Objective of the company: A large enterprise wants to simplify a complex business and automate the business processes end to end. Also, increase in revenues and profitability with increase in sales and reducing distinctive risks. Steps taken by the company to resolve the issue: A full suite of SAP suite named the SAP HANA was adopted by the company. The best practices in SAP applications with a proper

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