Wednesday 26th Oct 2016 - Logistics Manager

SAP to acquire inventory optimisation supplier

SAP plans to acquire SmartOps, a provider of inventory and service-level optimisation software, paving the way for SAP to develop real-time supply chain software.

SmartOps provides operating parameters and targets for supply chain management planning, coordinating capacity, inventory, demand, lead time and product availability variables that enable customers to optimise inventory and service levels.

Abdul Razack, senior vice president and head of customer engagement and strategic projects at SAP, said: “With the addition of SmartOps, SAP will be able to dramatically accelerate and improve the performance of real-time world-class supply chain management solutions that give customers the decisive competitive edge to succeed and grow their business.”

SAP has a long-standing relationship with SmartOps, which has developed algorithms that use predictive analytics to help manage global distribution networks and vast, multi-stage supply chains.

It reckons that SmartOps solutions will be enhanced by SAP HANA, which empowers customers to run their businesses in real time — to analyse, predict, react and adjust instantly.

The deal is expected to be completed in the first quarter.