Top Consumer Products Insights from 2024

With 2025 quickly approaching, our team at Crescense has taken the time to revisit our consumer products industry content from this past year. Whether it be breaking down key SAP solutions or discussing the upgrade of an ERP legacy system for a global toy manufacturer, these pieces showcase a few key insights, trends, and challenges impacting the industry in 2024 and beyond.  

Check out some of our top consumer products insights from 2024 below. 

CONSUMER PRODUCTS INSIGHTS FROM 2024 

ERP Legacy System Upgrade: Making the Transition to SAP S/4HANA 

Crescense recently partnered with a global toy and product manufacturer to update their legacy ERP systems with the latest SAP technology platform S/4HANA. This implementation supported their future growth plans and addressed their acute need for consistent business processes to minimize manual workloads. The rollout of SAP also occurred in conjunction with the acquisition of another toy company, necessitating its seamless integration to fully benefit from the newly gained resources and capabilities. The successful adoption of SAP S4/HANA and acquisition enabled smooth day-to-day operations and allowed them to retain a competitive advantage in the market. In this case study, learn how Crescense partnered with a global toy manufacturer for an ERP system upgrade as they made the transition to SAP S/4HANA. 

Explore the ERP legacy system upgrade case study > 

8 Features of GROW with SAP 

For consumer products companies, GROW with SAP offers a suite of cloud-based tools that streamline operations, enhance supply chain efficiency, improve user experience, and provide real-time data analytics. This allows consumer products companies to respond swiftly to market demands, optimizing inventory management and improving customer engagement and loyalty both now and in the future. In this article, we dive into the standout features of GROW with SAP that make it a game-changer for companies looking to scale efficiently and effectively. 

Read more about the features of GROW with SAP > 

What is SAP Supply Chain Management (SCM)? 

Companies are rapidly searching for solutions that allow for better resource efficiency, demand planning, inventory management, and more. SAP SCM increases the capabilities and performance of supply chains with its pivotal features, driving excellence for organizations and helping them to develop and keep that competitive edge. In this piece, we explore the key features of SAP SCM and how it can help consumer products companies improve and enhance their supply chains. 

Learn more about SAP Supply Chain Management (SCM) > 

Navigating GROW with SAP Deployment Models: Public vs. Private vs. Hybrid Cloud  

The consumer products industry faces unique challenges that demand innovative solutions. Among these challenges are the need for scalability, security, agility, and efficiency in managing complex supply chains, customer interactions, data analytics, and more. To address these needs, many companies are turning to GROW with SAP. However, one of the critical decisions these companies must make is choosing the right GROW with SAP deployment model for their needs - public cloud, private cloud, or hybrid. Each option offers distinct advantages and trade-offs that can significantly impact a company's bottom line, which we explore in this eBook. 

Check out different GROW with SAP deployment models > 

7 SAP SCM Best Practices for Consumer Products Companies 

For small to mid-size consumer products companies, optimizing their supply chain management processes can make all the difference in staying competitive, reducing costs, driving growth, and meeting customer demands in today’s landscape. One of the most powerful tools available for achieving this optimization is SAP SCM. While SAP SCM offers a wealth of features and functionalities, small to mid-size consumer products companies often face unique challenges when utilizing this tool. We outline some SAP SCM best practices for small to mid-size consumer products companies looking to maximize the ROI on their SAP system in this article. 

Dive into SAP SCM best practices > 

Scaling AI Across Your Business to Drive Efficiency 

Automation has always been a cornerstone of business innovation. From simple
 mechanization to advanced AI, the narrative remains consistent – technology drives efficiency. Historically, businesses have sought automation to simplify tasks and improve productivity. For companies in consumer products, AI holds the key to unlocking new levels of efficiency, service excellence, and revenue growth and ensuring the continued and future success of their business. SAP is currently at the forefront of the AI business revolution, functionally embedding its capabilities across its application ecosystem. We unpack what this means and how your organization can go about scaling AI to drive efficiency in this eBook. 

Read more about scaling AI to drive efficiency > 

Previous
Previous

How to Sell Your C-Suite on SAP 

Next
Next

What You Need to Know to Maximize Your SAP Licensing Value