Check out this new SAP Mill Products YouTube Video – Hana, Mobility, Cloud, Analytics
Hi folks,
Check out this new video for Mill Products – Highly professional 2 minute YouTube video.
YouTube Link http://www.youtube.com/watch?v=hxrLv4Dkg0o
Smart link: http://smartdirectory.sap.corp:3080/Assets/asset.epx?mid=92c1aa34-9286-4aca-ab0d-943c414f5782
Key Messages:
Differentiate in Commodity Markets
Market demand is cyclical and slowing down globally. Production overcapacity, high energy costs, commodity price volatility, and regulatory requirements expose mill products companies to increased risk and force them to control costs.
- Manage the network, achieve profitability, limit risk
- Fulfill customer order expectations including products that meet specifications and on-time delivery demands – at low cost.
- Achieve maximum return on assets and increase margins.
- Manage production and logistics efficiently to stay competitive, secure profitability, and win in a commodity market.
Jennifer,
Great video! I am a visual learner and I found the short clip to be very informative. I was recently speaking with the IP for Mill Products and Mining and he mentioned that we have a relatively new product that is called Commodity Management that helps companies with hedging – to keep track of their hedges and to see their risk position. Have you heard of this?
Jared
Hi Jared,
yes - in fact I think the launch is going to happen very shortly. This is part of "finance- Treasury and Risk Mgmt" and there are at least 3 companies I know of in Mill Products that have implemented CM and we are working on success stories - including Nizi, Martinho, and Aurubis.
Check out the page on Solution Explorer for more info (and a bit more below) https://rapid.sap.com/se/#steps2?stype=ist&indids=-&lobids=default-64&type=E2E&solid=e2e-default-456&id=ist-default-1428&vm=true
Commodity risk management software from SAP enables companies to identify and quantify exposure to commodity price and foreign-exchange risk and provides steps to mitigate those risks. Robust analytics provide a view into risk positions, calculations of mark to market, and value at risk – helping businesses navigate commodity procurement and sales processes. By creating and updating commodity risk positions in real time, the software monitors and reduces price risks resulting from core business operations with appropriate hedging.
Hi Jennifer,
Since volatility in commodity price affects not only sales and margin but also the viability of their future projects undertaken by a mining companies.I think they also need to keep watch on their hedging strategy and future projects estimations and to update them in accordance with current price and Foreign exchanges rates.
I think in this case Finance and Commodity Risk with SAP powered by HANA can help.
watch this video to find overview of the solution
[embed width="425" height="350"]https://www.youtube.com/embed/7CMnvP3q2IE[/embed]
Hope this would be helpful!
Regards,
Pratik