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.