Industry-specific solutions are used in the SAP R/3 ERP application to automate various business processes for almost every industry, such as automotive, oil and gas, and chemical. By automating the business processes, the SAP R/3 application helps organizations to meet the following challenges:
=> Emerging markets — Earning revenue in market
=> Competition — Maintaining successful business operations in this world of fierce competition
=> Increasing demands — Handling increasing and varying customer demands
=> Labor issue — Solving the problems of skilled labor for efficient business operations
=> Workforce shortage — Shortage of skilled personnel
Importance of industry specific solution lies in a very basic foundation of thought; every type of business is unique of its own kind and therefore needs to be catered accordingly. The same philosophy may not be applicable for automotive business and the integrated steel plant as both require entirely different approach to business planning. This is because automotive industry basically runs on assembling of equipments/parts (discrete manufacturing) where as integrated steel plant is a continuous manufacturing unit. Therefore the functionalities are different in different areas such as production, inventory management.
=> Emerging markets — Earning revenue in market
=> Competition — Maintaining successful business operations in this world of fierce competition
=> Increasing demands — Handling increasing and varying customer demands
=> Labor issue — Solving the problems of skilled labor for efficient business operations
=> Workforce shortage — Shortage of skilled personnel
Importance of industry specific solution lies in a very basic foundation of thought; every type of business is unique of its own kind and therefore needs to be catered accordingly. The same philosophy may not be applicable for automotive business and the integrated steel plant as both require entirely different approach to business planning. This is because automotive industry basically runs on assembling of equipments/parts (discrete manufacturing) where as integrated steel plant is a continuous manufacturing unit. Therefore the functionalities are different in different areas such as production, inventory management.
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