In this exclusive moment from the Acceleration Economy Cloud Wars Top 10 CEO Outlook 2024 series Christian Klein, CEO of SAP, talks about how SAP helped a company struggling with too much inventory after the COVID-19 pandemic.
Highlights
00:10 — Klein had recently met with a big retailer whose financials that are under pressure. After COVID, it had a lot of excess inventory. Now, demand is even more volatile, and between the macroeconomic situation, inflation, and the too high-inventory, there is a lot of pressure on the balance sheet.
00:42 — With generative artificial intelligence (AI), SAP can help this customer simulate how to get rid of excess inventory by automatically adjusting the procurement production planning and resource scheduling.
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01:08 — SAP can help the customer understand how it can subsequently manage all the planning processes of the total workforce, how it can better predictive capabilities in terms of demand, and then connect it to all of the planning scenarios inside the company.
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