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Monday, March 4, 2013

SAP Acquires SmartOps

 SmartOps, a leading provider of inventory and service-level optimization software solutions. Now an SAP Company! SAP has acquired Smartops to develop real time supply chain software solutions, leveraging the SAP HANA Platform which helps the customers to run their business in real time the easy way "to reduce the demand uncertainty, better predictability and increased short-term forecast accuracy is needed. Only this will keep inventory as low as possible during day-to-day operations". said SAP.

About SmartOps from web: Vision to provide key operating parameters and targets for supply chain planning is what established SmartOps as the leader in the market of Enterprise Inventory Optimization software.  Our vision has resulted in global organizations realizing billions of dollars in inventory reductions and increased sales revenue. Fortune 1000 and Global 2000 companies in discrete manufacturing, consumer durables and packaged goods, technology, pharmaceuticals manufacturing, distribution and retail industries rely on SmartOps solutions to dramatically improve supply chain performance. More about their history, innovation and road map : http://www.smartops.com/about-smartops/ 


Comments about this acquisition:

“We are at a turning point in the global market for supply and demand technology,” said Abdul Razack , Senior vice president and head of Customer Engagement and Strategic Projects, SAP. “With the addition of SmartOps, SAP will be able to dramatically accelerate and improve the performance of real-time world-class supply chain management solutions that give customers the decisive competitive edge to succeed and grow their business.”

“Joining SAP is both a strategic and exciting move for us,” said Martin Barkman , president and CEO, SmartOps. “Having already embraced the need for both on-premise and cloud-based solutions, the prospect of developing these on SAP HANA will propel us to new heights in technology innovation.”




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