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Transitioning to S/4HANA: Implications for SAP GTS and Value in Foreign Trade

Author: Vijendra Kargudri SAP Global Trade Services (SAP GTS) is an SAP application for foreign trade used by 2,000 plus customers over the last 16 years. By 2025, S/4HANA described as SAP’s biggest launch in 23 years, possibly ever, the support for standalone systems will be withdrawn, companies will have require transitioning to SAP S/4HANA. … Continue reading “Transitioning to S/4HANA: Implications for SAP GTS and Value in Foreign Trade”

By: Krypt Team - May 14th, 2021

6 most important reasons why Supply Chain Management is important for your business

Authored by: Vijendra Kargudri Supply Chain Management – what is it? why is supply chain management important? Simply put, the supply chain comprises a wide range of chain of events from ─ design, planning, procurement of raw material, inventory, execution, manufacturing, to the final supply of the finished good to the consumer. Supply Chain Management … Continue reading “6 most important reasons why Supply Chain Management is important for your business”

By: Krypt Team - March 12th, 2021

How SAP Transportation Management helped Postal Industry modernize its services?

Authored by: Vijendra Kargudri Postal Industry Before the advent of telecommunication & e-mail, for centuries, global communication was through the written posts. Globally, the postal industry catered to the distribution of written letters through a multi-modal network, to the remotest part of the land. The process being manual, was slow & inefficient. Today, in the digitalized … Continue reading “How SAP Transportation Management helped Postal Industry modernize its services?”

By: Krypt Team - July 17th, 2020

Understanding the role of Dimensional Weight in Modern Day Shipments

Authored by: Prashanth Prabhakaran Dimensional Weight & its Role For decades, shipping costs have historically been calculated based on gross weight in kilograms or pounds. However, when we continue to charge by weight for large-sized yet “lightweight” or “low-density” packages, the whole affair becomes unprofitable for Freight Carriers due to the amount of space the … Continue reading “Understanding the role of Dimensional Weight in Modern Day Shipments”

By: Krypt Team - June 4th, 2020

4 Major Strategies for Automatic Carrier Selection using SAP TM

Authored by: Shruti Ram Carrier Selection For shipment companies, saving cost is one of the main goals to implement Transportation Management. This is largely done by consolidation, load planning and by selecting cheapest carrier. Facilitation of carrier selection is one of the important features of SAP Transportation Management. SAP TM helps assign the appropriate carrier for … Continue reading “4 Major Strategies for Automatic Carrier Selection using SAP TM”

By: Krypt Team - May 22nd, 2020

Krypt Live Digital Event – Supply Chain & Global Trade | Thursday, May 28th, 2020

Disruptions across the supply chain & global trade landscape has been a norm faced by most global businesses. With a landscape dynamically evolving, for every global trade & supply chain business, the risks involved change rapidly and target shifts further. Added to this is the volatile global geo-political environment under which businesses ought to be compliant … Continue reading “Krypt Live Digital Event – Supply Chain & Global Trade | Thursday, May 28th, 2020”

By: Krypt Team - May 14th, 2020

Shifting from classic Freight Payment to Freight Settlement process

Authored by: Ashish Mallik Evolution of Transportation Business Transportation business especially from Carrier Collaboration standpoint has been rapidly evolving. Owing to increased complexity of contracts with carriers & increasing competition in the market; the traditional procurement & freight payment system is not feasible anymore as a long-term solution. Be it a shipper/supplier or a 3rd … Continue reading “Shifting from classic Freight Payment to Freight Settlement process”

By: Krypt Team - April 24th, 2020