SAP® Commodity Management Solution Addresses Price and Supply Volatility by Offering Improved Transparency into Commodity Risk
SAP AG (NYSE: SAP) today announced the latest version of the SAP® Commodity Management solution, an integrated offering designed to help enterprises protect and increase profit margins as they buy or sell commodities and manage overall commodity risk. The announcement was made at the global launch event for SAP Commodity Management, held October 8 in Zurich, Switzerland.
The recent volatility in commodity prices has outpaced worldwide financial volatility. With increasing global demand and continuing unpredictability, industries such as consumer products, agriculture, mining and metals, oil and gas, chemicals, automotive and high tech need better ways to defend against potential financial damage that commodity price uncertainty causes. SAP Commodity Management is available with enhancement package 7 for the SAP® ERP application and is powered by the SAP HANA® platform. It offers a single platform that can help companies analyze, understand and mitigate commodity risks, contributing to more predictable business results that can provide:
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