This conference was held in Austin, where business, functional and technology professionals unite to embrace innovative solutions, fresh ideas and best-in-class strategies to improve on overall business performance. Designed for all industry segments and functions, Best Practices for Chemicals brings together senior leadership, decision-makers, business process owners, analysts, support teams, solutions providers and more to hear from SAP experts in an interactive environment that fosters collaboration between Eventful Conferences, ASUG and SAP, the conference is unique in its key focus on SAP solutions for the chemical industry.
This event attracted hundreds of business and technical professionals from around the world to learn about innovative solutions, new ideas and to share best-in-class strategies for improving business performance and controlling costs.Key note speakers presented their views for deploying high-impact digital transformation solutions,
Ken Pierce, Head of Business Development, IoT, SAP, and Andreas Klinger, Head of Digital Lab, BASF presented how disruptive technologies can help companies keep up with the constant stream of mergers and divestitures, changing regulations, and innovations by transforming processes and delivering sustainable growth and performance with digital manufacturing, supply chain, product and process innovation, real-time price and margin management, and health and safety management.
One real-life example mentioned was Touchless Order Processing and how business models can change when tanks on-site across the world take care of re-ordering their own materials.This is a big step in automation and fosters greater efficiencies, fewer mistakes and better performance.
Thorsten Wenzel, Ph.D. - Vice President & Global Head of Chemicals, SAP, gave his insight and Industry Perspective on Digital Transformation.He pointed out that digital technology today provides unprecedented opportunities to improve business processes, drive automation and the early adopters of digital transformation have a unique opportunity to rapidly adapt to market changes and achieve new challenges by applying disruptive technologies.
Chemical companies need to transform their business models today, and the SAP Best Practice for chemicals had several other presenters who offered different approaches to implementing and running a proven IT landscape considering today’s limited budgets and investments.
Several customers from around the globe shared compelling success stories and use cases about disruptive technology initiatives, digital transformation, leveraging IoT, HANA, Cloud strategy and Customer Engagement and Experience. Among those presenting includes companies like: BASF, Dow Chemical, BP, ExxonMobil, and Shell Chemical.Multiple sessions were delivered by SAP subject matter experts as well as various partners with unique solutions.
Some of the edifying sessions include:
Agile Architecture & Delivery to Re-purpose IT Asset for M&A Initiatives
Customer-Centric Supply Chain Improvements Resonate Across Altana
Advanced Analytics at Dow Enabling Businesses to Drive Expanded Margins
How Axalta Coating Systems Closed its Data Center & Moved Applications to Cloud
Transform Financial Processes with Next-Generation Machine Learning Solutions
A Masterclass in Moving Your Asset Management From the Now into the Future
An Agile Manifesto for Chemicals: Increasing Speed & Agility for Today’s Digital Business Climate
From Complex Customization to Refreshing Simplicity: A More Sustainable Chemours with SAP EHS Regulatory Documentation (SAP ERD)
Accelerate Digital Transformation with Business Analytics Solutions
SAP Vision: An Agile & Resilient Supply Chain
Special emphasis on the following key areas were key take-aways from the summit include:
Mergers, Acquisitions & Divestitures
Business models have accelerated with a shifted focus on the customer, massive consolidations and M&A’s changing the leader board, digitization revamping antiquated business processes, and cyber security threats forcing companies to develop contingency plans for the unexpected. Best Practices for Chemicals powers industry leaders to collaborate, share, and learn together as the entire community faces these challenges head on.
Digitizing the Chemicals Enterprise
The SAP chemicals community was exposed to multiple presentations that discussed innovative solutions and exploring new high-impact areas of potential.These break-out sessions covered multiple topics and allowed attendees to collaborate and discuss strategies and innovative digital transformation technologies to influence and improve their business’s bottom line.
Analytics & Reporting
Big data and analytics is another key area of potential high returns discussed in several of the breakout sessions.Analytics is being used to make important decisions that impact supply chain, maintenance requirements, predictive modeling and simulation and of course SAP leverages HANA for rapid processing and decision-making.Analytics with cloud also promises rapid visibility and usability for better performance and safety to predict events before they occur as well as optimizing uptime.
One of the most edifying messages about optimizing processes is the fact that SAP and its partners are very focused on cutting down the time for implementing SAP solutions.In addition to the usual aspects of automating processes with software and running analytics to make rapid decisions, it is impressive that SAP is taking rapid deployment seriously and have made great progress in reducing expected time for delivery to be 6 months on average.This is truly impressive that a version of SAP can be configured and running so quickly.
This event made it obvious that the chemical industry has embarked on its digital transformation journey and is looking at SAP as a potential strategic partner to support this transformation with its innovative platform and services.