Tag: Intelligent Inventory Management Solutions

Predictive MRP (pMRP) in SAP S/4HANA for simulating Supply/Demand Scenarios : Useful in Inventory-Provision

Definition Predictive Material Requirements Planning (pMRP) is a simulation tool in SAP S/4HANA (introduced in 1909 release, enhanced in later versions) that helps planners simulate future supply and demand situations without impacting live production data. It’s not a replacement of classic MRP Live (MD01N), but rather a strategic, scenario-based planning tool. 🔑 Key Features Simulation-Based … Continue reading Predictive MRP (pMRP) in SAP S/4HANA for simulating Supply/Demand Scenarios : Useful in Inventory-Provision

SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 2

What AI Functionality is available in SAP S/4HANA for Inventory provision In SAP S/4HANA (2023 release) there isn’t a single packaged feature called “Inventory Provision with AI”, but there are multiple embedded Machine Learning and Business AI capabilities that can be configured to support or automate the inventory provision process (i.e., creating provisions for slow-moving, … Continue reading SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 2

SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 1

AI in SAP S/4HANA (2023 & Beyond) 1. SAP S/4HANA Cloud Private Edition 2023 FPS 03 Key AI/automation enhancements in finance and operations include: AI-Assisted Journal Uploads: Generative AI validates and classifies journal entries, reducing manual effort and improving accuracy. Predictive Labor Demand Planning: Uses AI to forecast labor needs for warehouse processes, boosting productivity … Continue reading SAP S/4HANA Inventory Slow-Moving/Non-Moving using AI/ML – Part 1

Implementing Intelligent Inventory Management Solutions

Implementing intelligent inventory management solutions typically involves a combination of software, hardware, and technologies to leverage the power of data analytics, machine learning, and automation. Here's a breakdown of the types of products and technologies that are often required for intelligent inventory management: 1. Enterprise Resource Planning (ERP) System: Example: SAP S/4HANA, Oracle ERP Cloud, … Continue reading Implementing Intelligent Inventory Management Solutions