By Eleanor Reader
SAP has announced plans to acquire inventory optimisation vendor SmartOps, enabling the company to develop ‘real time supply chain’ software solutions on the SAP HANA platform.
SmartOps provides key operating parameters and targets for supply chains management (SCM) planning. According to SAP, its solutions coordinate capacity, inventory, demand, lead-time and product availability variables that enable customers to optimise inventory and service levels.
SmartOps’ application performance will be “significantly enhanced by SAP HANA”, SAP said.
“We are at a turning point in the global market for supply and demand technology,” said Abdul Razack, senior vice president and head of customer engagement and strategic projects, SAP. “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.”
SmartOps and SAP have been partners for some time and intend to continue providing current customers with the same levels of support without disruption to their existing systems.
“Joining SAP is both a strategic and exciting move for us,” said Martin Barkman, president and CEO, SmartOps. “Having already embraced the need for both on-premise and cloud-based solutions, the prospect of developing these on SAP HANA will propel us to new heights in technology innovation.”
As part of the acquisition, SmartOps employees will join SAP. The transaction is expected to close during the first quarter of 2013.
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