SAP Commodity Management Update

Last week, I was invited to SAP’s Commodity Management Forum 2015 in Heidelberg, Germany. It was a well-attended event with representatives of 15 customers, and 7 partner firms, as well as myself. There were also many familiar faces, now working for SAP Commodity Management, from the TRM software scene. A presentation from Anja Strothkaemper, VP SAP Agribusiness and Commodity Management provided insights into SAP’s view of the market and its future strategy. Its three target areas are naturally the producers, converters and consumers of commodities, and it has entered the market mainly in metals and mining and on the consumer side in Ags and Softs. Overall, it covers origination, procurement, sales, warehousing, transportation, manufacturing, risk management and accounting with an analytical overlay. Of course, this is a combination of the specific Commodity Management solution and other SAP modules, but it is an entirely integrated solution. SAP continues to build new functionality and the most recent addition is origination for agricultural contracts (SAP Agricultural Contract Management) specifically targeting the farming side of the business, i.e. origination. Again, this is fully integrated with risk management and other aspects of the overall solution. The plans for next year include a number of areas … continue reading

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