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- Research Shows Governance, Risk and Compliance Solutions from SAP Continue to Help Companies Lower the Risks and Costs of Global Trade
- Customer EADS Uses SAP(R) BusinessObjects(TM) GRC Solutions to Mitigate Risk, Gain Clear Line of Sight Across the Global Supply Chain
As organizations strive to proactively manage risk and compliance, technology is a critical enabler to helping them simplify the complexities of modern regulatory environments. A new AMR Research report(1) finds that solutions from SAP AG (NYSE: SAP) offer the most breadth in the global trade management (GTM) market, helping a large customer base lower the risks and costs associated with trade. Today, customers like EADS - a global leader in aerospace, defense and related services - use SAP® BusinessObjects(TM) governance, risk, and compliance (GRC) solutions to bring transparency to their supply chains. The announcement was made at SAP® TechEd 2009, the company's largest ecosystem education event, being held October 27-29 in Vienna, Austria.
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In global markets, where ensuring the integrity and compliance of your supply chain can be a significant competitive advantage, leading businesses are anticipating risks and using compliance mandates to better their performance and gain a holistic view of their trade processes. The September 2009 AMR Research report, "Global Trade Management Landscape of Vendors" by William McNeill and Greg Aimi, finds that SAP solutions offer the most breadth in the GTM market across five evaluation categories: logistics, compliance, finance, references and viability.(1) With the SAP® BusinessObjects(TM) Global Trade Services application, customers like EADS have transformed the logistical, regulatory and financial aspects of their import-export processes.
AMR Research finds that SAP has, "one of the largest customer bases for GTM software, and the application includes certified customs interfaces for more than 24 customs systems in 13 countries to support NCTS, US ABI, and import and export clearance. SAP GTS features one of the best dashboards available, providing visibility from the executive all the way down to the transactional level. The Customs Warehouse functionality is a unique approach to duty drawbacks and free-trade-zone support. The product has good multi-language and currency support."(1)
EADS Charts Clear Course With Supply Chain Insight
EADS comprises the leading aircraft manufacturer, Airbus; the Defence & Security Division; the world's largest helicopter supplier, Eurocopter; and the space division, Astrium. Employing approximately 118,000 people worldwide, having earned roughly EUR 43 billion in revenue last year, EADS uses SAP BusinessObjects Global Trade Services to gain clear insight into business processes across its complex, global supply chain - all the while helping to comply with the International Traffic in Arms Regulations (ITAR).
"Our market is driving us to be more transparent," said Jochen Hartmannshenn, senior manager, Export Administration at EADS. "SAP BusinessObjects Global Trade Services enhances transparency over the supply chain. Its new functionality facilitates foreseeing license requirements at an early stage, and thus really supports us in fostering our business."
For example, products from EADS' satellite business unit often include components that fall under regulations imposed by ITAR, and within the contracts they are requesting all licenses to be available for up to six months after contracts are signed. As a result, EADS must know its product and content - and to accomplish this, the company needs visibility, according to Hartmannshenn.
Among other features, new track-and-trace functionality in SAP BusinessObjects Global Trade Services enables EADS to keep tabs on products that require hundreds of different ITAR licenses each over the entire supply-chain life cycle - from product inception to customer delivery. As a result, it supports EADS in building and distributing its products quickly and efficiently. For instance, users are able to promote time efficiencies by automating ITAR filings instead of entering them manually.
"Only SAP allows organizations to take a global view of their trade processes to promote compliance and efficiency across the entire supply chain," said Narina Sippy, senior vice president and general manager, GRC Solutions, SAP BusinessObjects Division. "The AMR Research study shows that bringing clarity to these processes is critical, especially in regulated markets where proactive compliance can help organizations use electronic filings and trade preference arrangements to promote cost efficiencies and gain competitive advantage. EADS exemplifies all of this through its use of GRC solutions to help manage complex product filings and to comply with important industry regulations."
SAP® TechEd 2009 in Phoenix, Vienna, Shanghai and Bangalore
More than 12,000 SAP customers, partners and technical experts are convening at SAP® TechEd 2009, the company's largest ecosystem education event, to gain the inspiration and skills needed to maximize impact on their organizations at a time when companies need both skilled professionals and agile, efficient IT solutions that can efficiently adapt to change. Now in its 13th year, SAP TechEd 2009 was held in Phoenix from October 13-16; is being held in Vienna, Austria, on October 27-29; and will be held in Shanghai, China, on November 11-12 and Bangalore, India, on November 18-20. For more information, please visit www.sapteched.com. Join the conversation via Twitter at #sapteched09.
SAP® TechEd 2009 in Phoenix, Vienna, Shanghai and Bangalore
More than 12,000 SAP customers, partners and technical experts are convening at SAP® TechEd 2009, the company's largest ecosystem education event, to gain the inspiration and skills needed to maximize impact on their organizations at a time when companies need both skilled professionals and agile, efficient IT solutions that can efficiently adapt to change. Now in its 13th year, SAP TechEd 2009 was held in Phoenix from October 13-16; is being held in Vienna, Austria, on October 27-29; and will be held in Shanghai, China, on November 11-12 and Bangalore, India, on November 18-20. For more information, please visit www.sapteched.com. Join the conversation via Twitter at #sapteched09.
- Research Shows Governance, Risk and Compliance Solutions from SAP Continue to Help Companies Lower the Risks and Costs of Global Trade
- Customer EADS Uses SAP(R) BusinessObjects(TM) GRC Solutions to Mitigate Risk, Gain Clear Line of Sight Across the Global Supply Chain
As organizations strive to proactively manage risk and compliance, technology is a critical enabler to helping them simplify the complexities of modern regulatory environments. A new AMR Research report(1) finds that solutions from SAP AG (NYSE: SAP) offer the most breadth in the global trade management (GTM) market, helping a large customer base lower the risks and costs associated with trade. Today, customers like EADS - a global leader in aerospace, defense and related services - use SAP® BusinessObjects(TM) governance, risk, and compliance (GRC) solutions to bring transparency to their supply chains. The announcement was made at SAP® TechEd 2009, the company's largest ecosystem education event, being held October 27-29 in Vienna, Austria.
(Logo: http://www.newscom.com/...)
In global markets, where ensuring the integrity and compliance of your supply chain can be a significant competitive advantage, leading businesses are anticipating risks and using compliance mandates to better their performance and gain a holistic view of their trade processes. The September 2009 AMR Research report, "Global Trade Management Landscape of Vendors" by William McNeill and Greg Aimi, finds that SAP solutions offer the most breadth in the GTM market across five evaluation categories: logistics, compliance, finance, references and viability.(1) With the SAP® BusinessObjects(TM) Global Trade Services application, customers like EADS have transformed the logistical, regulatory and financial aspects of their import-export processes.
AMR Research finds that SAP has, "one of the largest customer bases for GTM software, and the application includes certified customs interfaces for more than 24 customs systems in 13 countries to support NCTS, US ABI, and import and export clearance. SAP GTS features one of the best dashboards available, providing visibility from the executive all the way down to the transactional level. The Customs Warehouse functionality is a unique approach to duty drawbacks and free-trade-zone support. The product has good multi-language and currency support."(1)
EADS Charts Clear Course With Supply Chain Insight
EADS comprises the leading aircraft manufacturer, Airbus; the Defence & Security Division; the world's largest helicopter supplier, Eurocopter; and the space division, Astrium. Employing approximately 118,000 people worldwide, having earned roughly EUR 43 billion in revenue last year, EADS uses SAP BusinessObjects Global Trade Services to gain clear insight into business processes across its complex, global supply chain - all the while helping to comply with the International Traffic in Arms Regulations (ITAR).
"Our market is driving us to be more transparent," said Jochen Hartmannshenn, senior manager, Export Administration at EADS. "SAP BusinessObjects Global Trade Services enhances transparency over the supply chain. Its new functionality facilitates foreseeing license requirements at an early stage, and thus really supports us in fostering our business."
For example, products from EADS' satellite business unit often include components that fall under regulations imposed by ITAR, and within the contracts they are requesting all licenses to be available for up to six months after contracts are signed. As a result, EADS must know its product and content - and to accomplish this, the company needs visibility, according to Hartmannshenn.
Among other features, new track-and-trace functionality in SAP BusinessObjects Global Trade Services enables EADS to keep tabs on products that require hundreds of different ITAR licenses each over the entire supply-chain life cycle - from product inception to customer delivery. As a result, it supports EADS in building and distributing its products quickly and efficiently. For instance, users are able to promote time efficiencies by automating ITAR filings instead of entering them manually.
"Only SAP allows organizations to take a global view of their trade processes to promote compliance and efficiency across the entire supply chain," said Narina Sippy, senior vice president and general manager, GRC Solutions, SAP BusinessObjects Division. "The AMR Research study shows that bringing clarity to these processes is critical, especially in regulated markets where proactive compliance can help organizations use electronic filings and trade preference arrangements to promote cost efficiencies and gain competitive advantage. EADS exemplifies all of this through its use of GRC solutions to help manage complex product filings and to comply with important industry regulations."
SAP® TechEd 2009 in Phoenix, Vienna, Shanghai and Bangalore
More than 12,000 SAP customers, partners and technical experts are convening at SAP® TechEd 2009, the company's largest ecosystem education event, to gain the inspiration and skills needed to maximize impact on their organizations at a time when companies need both skilled professionals and agile, efficient IT solutions that can efficiently adapt to change. Now in its 13th year, SAP TechEd 2009 was held in Phoenix from October 13-16; is being held in Vienna, Austria, on October 27-29; and will be held in Shanghai, China, on November 11-12 and Bangalore, India, on November 18-20. For more information, please visit www.sapteched.com. Join the conversation via Twitter at #sapteched09.
SAP® TechEd 2009 in Phoenix, Vienna, Shanghai and Bangalore
More than 12,000 SAP customers, partners and technical experts are convening at SAP® TechEd 2009, the company's largest ecosystem education event, to gain the inspiration and skills needed to maximize impact on their organizations at a time when companies need both skilled professionals and agile, efficient IT solutions that can efficiently adapt to change. Now in its 13th year, SAP TechEd 2009 was held in Phoenix from October 13-16; is being held in Vienna, Austria, on October 27-29; and will be held in Shanghai, China, on November 11-12 and Bangalore, India, on November 18-20. For more information, please visit www.sapteched.com. Join the conversation via Twitter at #sapteched09.
