SAP Product Steward Network allows suppliers and manufacturers to collaborate immediately. They can quickly work together to make the appropriate disclosures, find the right substitutes or adapt product designs quickly based on available, compliant materials. By connecting suppliers in a cloud-based network, companies can easily exchange compliance and material data. New product information can be uploaded once and updated across the cloud so all participants in the network can immediately view and act on it. The offering also works with SAP® Business Suite software and takes advantage of all on-premise data it contains.
New On-Demand Content Service for Product Safety DocumentsProcess industries such as chemical or pharmaceutical manufacturers must continuously develop and update safety data sheets and labels to stay in compliance. Each of these documents can take from days to weeks to develop, and a midsize chemical manufacturer can spend up to 3 million dollars yearly on this time-consuming business process. With SAP EHS Regulatory Documentation OnDemand, manufacturers no longer have to author their own safety data sheets.
By networking with the customer's on-premise EHS solution, the content service from SAP takes the customers' product data, generates country-specific data sheets and labels in the cloud and then delivers the documents back to the customer. Keeping current with changes in global regulations, SAP estimates that the content service can decrease ongoing safety data sheet costs by up to 50 percent and free up precious resources to focus on more strategic projects.
"SAP uniquely can offer customers a powerful hybrid model that helps drive down costs of compliance while freeing up resources to focus on what matters most — strategic innovation," said Peter Maier, senior vice president, Energy and Natural Resources Solutions, SAP. "Our product safety solutions already touch 5 trillion dollars of all the world's manufactured goods. With so many customers across the supply chain already using SAP — and the strength of our combined cloud and on-premise strategy — we are playing a central role in creating a global business network that lets companies collaborate to run better and protect the triple bottom line."For more information, visit the SAP Newsroom. Next Major Event: SAPPHIRE® NOW + SAP® TechEd MadridIn 2012, SAP again brings together its largest ecosystem education event series with its premier customer conference for a co-located event to be held in Madrid, Spain, from November 13-16. With SAPPHIRE® NOW, SAP offers its customers, partners, and prospects even more opportunities to engage in dialogue with peers, participants and thought leaders around the globe, and can gain insight as to how SAP is delivering on its product strategy and helping organizations around the world to run better. SAP® TechEd brings IT managers, software developers, administrators, and business process experts together to learn in an interactive environment directly from the experts responsible for cutting-edge SAP technology. The co-located event provides access to the entire SAP ecosystem and enables attendees to learn how SAP can help their organizations run like never before. Follow on Twitter at @SAPPHIRENOW and @SAPTechEd, and join the conversation at #SAPPHIRENOW and #SAPTechEd. About SAPAs market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 197,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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