Executive Briefings

SAP Announces Plans to Acquire Inventory-Optimization Vendor SmartOps

SAP AG is acquiring SmartOps, the vendor of software for inventory and service-level optimization.

SmartOps' applications coordinate capacity, inventory, demand, lead time and product-availability variables. It has developed stochastic algorithms which are designed to minimize the uncertainty and risk inherent in supply-chain management processes. They employ predictive analytics to help manage global distribution networks and multi-stage supply chains. SmartOps tools will now draw on the SAP HANA platform, which helps companies to analyze, predict, react and adjust in real time. SmartOps' existing Inventory Optimization Suite will expand sales and operations planning functionality based on SAP HANA. Its Enterprise Demand Sensing analytics application, delivered in the cloud, will enhance SAP Demand Signal Management. SmartOps and SAP have a long-standing relationship, the companies noted. The transaction is expected to close in the first quarter of 2013.

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SmartOps' applications coordinate capacity, inventory, demand, lead time and product-availability variables. It has developed stochastic algorithms which are designed to minimize the uncertainty and risk inherent in supply-chain management processes. They employ predictive analytics to help manage global distribution networks and multi-stage supply chains. SmartOps tools will now draw on the SAP HANA platform, which helps companies to analyze, predict, react and adjust in real time. SmartOps' existing Inventory Optimization Suite will expand sales and operations planning functionality based on SAP HANA. Its Enterprise Demand Sensing analytics application, delivered in the cloud, will enhance SAP Demand Signal Management. SmartOps and SAP have a long-standing relationship, the companies noted. The transaction is expected to close in the first quarter of 2013.

Read Full Article