SAP HANA for Renewable Energy Industry
Maximizing Resource Utilization: SAP HANA in Renewable Energy
Renewable Energy Industries rely heavily on manufacturing and producing a wide array of machinery and components, with a primary focus on generating sales quotes and related materials. Alongside these core responsibilities, they prioritize cost management, quality assurance, and resource efficiency. SAP HANA ERP Software emerges as a robust solution, seamlessly addressing these challenges and requirements. With its comprehensive modules, SAP HANA effectively encompasses all critical operations and processes within Renewable Energy Industries, resulting in significantly enhanced performance.
The key modules of SAP HANA ERP System for Renewable Energy Industries are outlined below:
Order to cash in SAP HANA for Renewable Energy:
The process of placing an order in SAP HANA is as follows:
Upon receiving a customer inquiry, the appropriate engineering team is tasked with developing the finished goods (FG) and generating a bill of materials to estimate costs and plan production. Subsequently, the sales team prepares the commercial quote.
Upon receiving a customer purchase order, a sales order is generated in SAP HANA, initiating FG production. This is followed by creating an accounts receivable invoice and processing an incoming payment. Major reports generated include Customer Receivables, Cash Flow, and Sales Analysis.
Procure to Pay with SAP HANA S/4 for the Renewable Energy :
Material Requirements Planning (MRP) automatically generates purchase requests based on a Bill of Materials (BOM), leading to purchase order creation. Goods receipt is performed against these orders, followed by payable invoices and outgoing payments. Reports such as Vendor Payables, Cash Flow, Purchase Analysis, Minimum Order Quantity, Re-order Quantity, and Lead Days play a pivotal role in procurement.
Sales Order in SAP HANA for Renewable Energy:
Sales orders are initiated upon creating purchase orders or confirming quotations by customers. A soft copy of the purchase order is attached using Document Management System (DMS), while payment terms and delivery dates are established. An Order Acknowledgment is dispatched via email through SAP HANA.
Sales Quote:
SAP HANA furnishes sales quotations for Renewable Energy Industries customers. Upon confirmation, these quotations seamlessly convert into orders, effectively closing the quotes.
MRP (Material Requirements Planning):
MRP serves as the cornerstone for production planning in Renewable Energy Industries. Raw material procurement hinges on stock considerations and open purchase orders, automatically generated as orders or demands. This function is indispensable for Plan-to-Produce strategies.
Purchase Request in S/4 HANA for Renewable Energy Industry:
Purchase requests are automatically generated by Material Requirements Planning or manually initiated based on departmental needs. These requests culminate in the generation of purchase orders.
Purchase Order:
Purchase orders are meticulously crafted based on purchase requests, adhering to approval procedures.
GRPO (Goods Receipt Purchase Order):
Upon vendor delivery, Goods Receipts against Purchase Orders are logged, resulting in inventory debits and stock additions to the warehouse (Warehouse Management System – WMS).
Supplier Payment:
Supplier invoices are reconciled against GRPOs, facilitating outgoing payments.
Production:
Production orders are automatically generated as per the Bill of Materials, considering demand and stock levels dictated by MRP. Raw materials are issued based on production stages, and upon completion, receipt from production is executed, adding finished goods to inventory. Product costing, a critical aspect of SAP HANA, is integrated into this process.
Invoice:
Accounts Payable/Receivable invoices are meticulously crafted, guiding payment entries through an Open Document system for proper control.
Service:
Equipment cards are automatically generated for each serial number and dispatched item. Service calls are subsequently created, with associated costs recorded at periodic intervals.
Through these functionalities, SAP HANAS/4 for the Renewable Energy Industry operates with full efficiency, thereby enhancing overall performance.
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