Asset Management Leveraging IoT on SAP S/4HANA

Leveraging IoT technology on SAP S/4HANA, an in-memory ERP suite that acts as the “digital core” of your entire enterprise, can improve asset management by enabling organizations to predict and prevent downtime by analyzing data generated by machines and sensors in addition to their business data.

Asset Management Leveraging IoT on SAP S/4HANA

Domain Consulting Group, located in Wyomissing and Philadelphia, PA, is an SAP consulting company that helps businesses reduce their technology costs and achieve faster time-to-value with systems that can be implemented quickly and are straightforward to maintain.

We work with SAP to deliver best-in-class solutions for your business that will help you achieve greater efficiency and improve your bottom line.

IoT and ERP-Integrated Asset Monitoring

Asset condition monitoring is the process of monitoring the condition of trailers, containers and their contents, based on parameters such as temperature, moisture, acceleration, tilt, shock, tampering, and other variables, while in transit.

When damage occurs, failure to find the source can result in millions of dollars in lost profits, a slower time to market, and unhappy customers. It’s often impossible to tell when and where the damage occurred, however, because products typically move through multiple distribution paths.

Without a reliable tracking system, a lot of manual time can be spent trying to find the source of the problem. Meanwhile, dozens (or thousands) of products may have been damaged or lost.

SenseIT IoT by Domain helps businesses of all sizes solve this complex and costly problem by improving how they track their assets across the globe.

The advanced IoT asset tracking system utilizes innovative sensors to track shipments from end-to-end, capturing data from around the world and enabling businesses to quickly locate items wherever they are in the supply chain and instantly alerting them to condition changes.

Sensor data is standardized, consolidated and maintained in a SAP HANA database in the cloud, and pushed to ERP. SAP HANA is an in-memory relational database management system and application platform that allows for the lightning fast processing of massive amounts of real-time data and generates interactive reports in seconds for faster decision-making.

Global shipment tracking and monitoring can now be more accurate and reliable than ever before, giving companies the visibility they need with alerts, reporting, and analysis on their inbound and outbound shipments. Every business that deals with shipping and logistics will benefit from the ability to detect and even prevent damage before their products reach customers.

If your organization is not on an SAP platform, SenseIT IoT can often be integrated with other ERP platforms, such as NetSuite.

In today’s world, leveraging IoT technology for asset management along with SAP S/4HANA, an intelligent ERP platform, can accelerate your business innovation and drive operational excellence. Contact Domain Consulting Group at (610) 374-7644 ext. 7005 for a free consultation.