SAP introduces software tailored to meet the demands of process industries; New industry center of expertise addresses customers' business and production needs.PHILADELPHIA--(BUSINESS WIRE)--Jan. 30, 1995--SAP, the world's leading provider of client/server business solutions, Monday announced specialized business applications software for companies in the process industries, which includes the chemical, pharmaceutical, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. and semiconductor markets. These offerings are delivered to customers through a newly created Industry Center of Expertise (ICOE ICOE Imperial County Office of Education (California) ICOE International Center for Orthopaedic Education ICOE In Case of Emergency ICOE International Conference on Ocean Energy ), an initiative that combines targeted software solutions and industry-specific consulting services. The specialized offerings of the ICOE enable SAP to solve information management challenges unique to the process industries. This announcement is a key element in SAP's vertical market strategy and comes in the wake of ICOE launches in the oil and gas, utilities, high technology and electronics, consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one and healthcare industries. As a vendor to 40 of the 50 leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. chemical and pharmaceutical companies, SAP has a proven track record with process companies throughout the world, providing enterprise-wide, mission-critical applications. For the ICOE program, SAP has partnered with recognized consulting firms with extensive implementation and process industry experience, including Andersen Consulting See Accenture. , Deloitte & Touche, Ernst & Young, Price Waterhouse and others that offer extensive implementation and process industry expertise. The Process Industries ICOE concept was developed to meet the industry's need for software that could address the specific and complex requirements of process industry manufacturers. Key market demands include government regulatory and documentation requirements, industry downsizing (1) Converting mainframe and mini-based systems to client/server LANs. (2) To reduce equipment and associated costs by switching to a less-expensive system. (jargon) downsizing and the needs for cost-efficiencies brought on by price pressures and product commoditization Commoditization 1. A situation when illiquid financial contracts are changed or modified in a way that promotes trading and results in a more liquid market. 2. Making a product into a commodity. Notes: 1. . "SAP is developing and delivering the business applications we need to gain competitive advantage in our changing market," said Demetrios Lappas, vice president and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of the Warner-Lambert Company. "The Process ICOE also offers us an opportunity to leverage the best global business processes to better serve our market and customers." The Process Industries ICOE houses solutions that address these and other industry requirements by providing software functionality and consulting services in areas such as process planning, scheduling and reporting, as well as recipe and batch management. The Process Industries ICOE will support the introduction of SAP's R/3 module called PP-PI (Production Planning Production planning The function of a manufacturing enterprise responsible for the efficient planning, scheduling, and coordination of all production activities. - Process Industries). PP-PI is a comprehensive, fully integrated planning In amphibious operations, the planning accomplished by commanders and staffs of corresponding echelons from parallel chains of command within the amphibious task force. See also amphibious operation; amphibious task force. and control system specifically designed to meet the production needs of process manufacturers. The ICOE collects and consolidates customer requests for new functionality and incorporates this information into SAP's leading client/server R/3 System for manufacturing, production planning, sales and distribution, finance and costing, purchasing and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . The result is a tailored business template that helps process industries manufacturers achieve faster, smoother and less expensive implementations and allows them to realize ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). on their technology investments more quickly. "The launch of the Process Industries ICOE recognizes SAP's long-term commitment to companies within the process manufacturing The manufacturing industry that uses process control systems. See process control. market," said Klaus P. Besier, chief executive officer and president of SAP America, Inc. "SAP and its partners have joined together to offer a market-driven, technologically-advanced solution that enables these companies to streamline their business processes and tackle their new competitive environment head-on." Through ongoing market research and customer interaction, the Process Industries ICOE will monitor changes to regulations in specific regions and continually add new functionality to applications. Providing a central repository for industry knowledge and experience, the ICOE is a single contact, facilitator and pipeline for making the product better suited to the industry. The Process ICOE, based in Philadelphia, is under the leadership of Executive Vice President Jeremy Coote and ICOE Manager Udo Edelmann. About SAP SAP provides flexible, integrated client/server and mainframe-based business applications software that is compatible with most popular hardware, software and database platforms. More than 4,000 companies in 41 countries use SAP software to manage complex financial, manufacturing, sales and human resources requirements. Founded in 1972, SAP AG is headquartered in Walldorf, Germany and employs a workforce of more than 5,000 worldwide. SAP America is the largest of SAP's 28 global subsidiaries and affiliates. SAP America is comprised of its corporate headquarters in Philadelphia, a Technology Development Center in Foster City, Calif., and sales and support offices throughout North America. CONTACT: SAP America, Inc. Peg Culotta, 610/521-4500 The Weber Group Karen Klein, 617/661-7900 |
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