SupplyChain Magazine December 2020 | Page 20

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SAP SE
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Wade deep dives into the four key components of the Industry 4 . Now strategy . Starting with intelligent products , Wade explains that “ this is where SAP provides the bridge between engineering and manufacturing . This handoff has to be seamless and fully connected . It ’ s crucial to ensure that the manufactured product meets – in full – the customer demands . Having a fully connected engineering and manufacturing environment means that a company can , for example , accommodate late-stage changes to an order .”
The second area that SAP helps its customers in is intelligent assets . “ This is the ability to links the physical assets with its digital twin and to share a single common view between the assets operator , the manufacturer , and the service providers that combined with Machine learning , Predictive Algorithms and IoT technology can help drive operational efficiency and improve maintenance activities .”
Number three , intelligent factory – or what we sometimes refer to as the smart factory – is an agile and adaptable
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DECEMBER 2020