Bosch and SAP Aim to Simplify Corporate Processes with a New Standard

Bosch and SAP Aim to Simplify Corporate Processes with a New Standard
Bosch

Bosch and SAP have entered into a strategic partnership aimed at simplifying digital corporate processes. The partners’ objective is to further develop a digital industrial standard that governs, for example, the exchange and usage of company data along the value chain.

This would harmonize and further automate processes, both within and between companies, thus achieving substantial efficiency gains. Given the strength of both companies’ networks across different sectors, the whole economy stands to gain from their collaboration.

“We need strong partnerships if we are to advance digitalization in Germany. By creating a standard together with SAP, we are offering added value for customers, partners, and suppliers,“ said Michael Bolle, Bosch board of management member and CDO/CTO of the Bosch Group.

The partnership offers a particular benefit for the global automotive industry, with its highly interwoven supply chains and numerous production locations that are often still managed individually today. At the core of this collaboration is the transfer of Bosch business processes into SAP S/4HANA, SAP’s software suite for enterprise resource planning (ERP). The suite is used in the planning, management, and administration of resources for a range of processes, including order entry, production, delivery, and invoicing.

“Due to its industrial expertise and technology leadership in several fields, Bosch plays a key role in global supply and value chains. Together we are pursuing the goal of translating this expertise into digital form, using SAP S/4HANA as a basis. In doing so, we hope to define a uniform industry standard that will open up the advantages of the digital transformation to other industry players as well,“ said Christian Klein, the CEO of SAP.