White Papers Commodity Management and ERP | Page 8

Commodity Management and ERP A ComTech Advisory Whitepaper SUMMARY SAP Commodity Management is a specific extension of the SAP ERP solution thus incorporating decades of experience in building, delivering and supporting fully integrated solutions across all industries including those that deal with commodities and raw materials. As a result of this pedigree, it offers some significant benefits to its users in terms of being able to leverage the vast resources that SAP has to offer in terms of performance, scalability, User Interface, functionality and much more. The focus of the solution supported by a strategic investment and an experienced SAP commodities management team is on producers, processors and merchants of raw materials and sellers of finished goods. It is a true Commodity Management solution that delivers users an enhanced abil- © Commodity Technology Advisory LLC, 2014 ity to manage their business by optimizing their purchasing and sales activities, helping them understand their exposures, manage positions and conduct hedging operations. Its’ focus is on de-risking the supply chain and helping customers face the unique challenges inherent in industries that are reliant on raw materials. Launching the SAP Commodity Management solution in 2011, SAP has been successful at building in commodity pricing, commodity risk management and other crucial aspects of functionality for this growing group of customers. It already boasts more than 70 customers for its commodity management solution across multiple industries, such as mining & metals, agribusiness and consumer products and others. When you add the ability to leverage performance-enhancing technology such as SAP HANA, sophisticated analytics and the work done by SAP into making highly usable user interfaces, it is clear that SAP has well and truly arrived in the commodity management arena and has built a platform that can only gain in strength with time.