To maintain a competitive edge, it’s no longer adequate to be reactive when managing your business assets. Instead, you need intelligent asset management systems such as SAP to integrate asset data and enable you to monitor conditions in real time, maximize productivity, predict issues before they arise, and take quick action to remediate them.
Domain Consulting Group is an SAP consulting company located in Wyomissing and Philadelphia, PA. We help businesses large and small reduce their technology costs and achieve faster time-to-value with a leading integrated enterprise resource planning (ERP) system such as SAP Business One. This system coordinates all resources and systems within your company so that every business function, including asset tracking and condition monitoring, relies on a single database.
With SAP Business One, you can manage your entire shipping and fulfillment process, from sales and supply chain management to financials and operations, more efficiently from the same ERP system you use for everything else. And, when powered by SAP HANA, you can do everything faster.
Managing Assets Via the Internet of Things (IoT)
In the past, it has been difficult and expensive to follow your shipments on their journey through your supply chain and determine when and where products may have become spoiled or damaged. Internet of Things (IoT) technology now makes it possible for companies to monitor the condition of assets from end-to-end.
SenseIT IoT by Domain utilizes innovative sensors to capture data from around the world, then standardizes, consolidates and maintains it in a SAP HANA database in the cloud and pushes the data to SAP Business One (or an alternative ERP). This provides you with a single view of each planned or actual shipment and enables you to quickly locate items globally, alerting you to condition changes.
Whether your business is involved in temperature-controlled transportation of pharmaceuticals, food, sensitive tropical plants or other commodities, or electronics that can be damaged in transit by deviations from handling protocols, this real-time visibility and ability to track and monitor your shipments and assets is invaluable.
With SenseIT IoT, your business can:
- Remotely track assets in real time, both in-transit and at facilities;
- View shipments on a geospatial map where distressed shipments are shown in yellow or red;
- Know shipment locations at predefined times (e.g., every 1, 6 or 12 hours);
- Know the condition of your assets and customize tolerances (e.g., minimum and maximum temperatures) that trigger alerts when met;
- Respond in real-time if thresholds are exceeded;
- Produce powerful, intuitive business analytics;
- Reduce the risks of regulatory non-compliance;
- Store a complete history of events related to each shipment;
- Maintain a vendor performance history over many shipments.
As you evaluate how to set up intelligent asset management with SAP Business One powered by SAP HANA and integrated with your Internet of Things (IoT) sensor devices to achieve maximum efficiency in your supply chain management operations, the Domain Consulting Group team is ready to help. Get in touch with us at (610) 374-7644 ext. 7005 for a free consultation.