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Business and Digital Trends in the Chemical Industry: Finance

SAP Credit Management

INTRODUCTION In this blog, we discuss the challenges that current external disruptions are creating for the chemical and life science industry more than for many other industries. We demonstrate how working capital and liquidity management solutions from SAP can help counteract recent shocks within the chemicals industry.

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History of SAPĀ® Product Compliance Applications

SAP Credit Management

SAP EH&S was designed for chemical companies to author safety data sheet using SAP software. This became the major driver for new software functionality for the discrete industry. Compliance for Products (CfP) was the first software introduced for discrete industries developed by TechniData. Read on to learn more details.

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Understanding Damage Mechanism Review (DMR) and its Role in Asset Integrity

SAP Credit Management

Introduction In various industries like oil and gas, chemical, and petrochemical, ensuring the integrity and reliability of equipment and assets is of utmost importance to prevent unexpected failures, downtime, and safety risks. Companies undertake a vital Damage Mechanism Review (DMR) process to address these concerns.

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Variations in Confirmation Processes Across Industries in SAP PP

SAP Credit Management

Hi Team, In this blog post, we will explore the distinctions in confirmation processes tailored to specific industries within SAP PP. Purpose: In process industries (e.g., chemicals, pharmaceuticals), confirmations are used to record the completion of batch production following specific recipes or formulas.

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S/4HANA IS-Oil, Gas, & Energy Sub-Modules and Mapping into ECC

SAP Credit Management

This blog will explain the S/4HANA-based Oil, Gas and Energy sub-modules now referred to as process components available within n S/4HANA As you may be aware, in the S/4HANA roadmap, the SAP journey for the industry of O&G and energy is moving towards process areas or lines of business instead of ECC-based modules (SD, MM, TSW etc).

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How to integrate Microsoft Project with SAP S/4HANA

SAP Credit Management

Companies in asset intensive industries such as Oil &Gas, Utilities or Chemicals are challenged by an increasing number of complex asset construction and maintenance projects. Such projects are planned and executed on multiple layers which requires multi project scheduling tools that can handle such complex project structures.

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Value Management for the Chemical Companies (Part 4) ā€“ NPV & IRR Estimation

SAP Credit Management

Reference That is Part 4 of the blog article series I would like to describe the Value Management Approach for Chemical companies. In this article which is Part 4 in the series I described all the required calculations to ensure that we may expect the positive outcome from the transformation program of the Chemical Company.

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