September 10, 2019
Accenture and SAP Team to Create Recipe for Success, Helping Process Industry Companies Develop and Bring Products to Market More Quickly
NEW YORK; Sept. 10, 2019 – Accenture (NYSE: ACN) and SAP are teaming to build advanced capabilities for the SAP Recipe Development application, which helps process-industry companies — such as consumer goods, chemicals and life sciences companies — more efficiently meet customer requirements and rapidly develop new products and services.
Built on SAP S/4HANA ® for increased agility and its ability to scale, the SAP Recipe Development application helps companies optimize supply chains for streamlined product development and reduce wasted resources. Using existing customer data as a basis for formulations and calculations, it provides a simplified, hierarchical view displaying all formulation information — including calculation results — on a single screen for easier analysis and increased transparency. As a result, users can create individualized displays and easily conduct simulations to understand the impact of recipe changes to make data-driven decisions.
The new capabilities will provide the ability to share data — including up-to-date information on costs, nutrients and compliance, as well as details reflecting vegetarian or vegan products — across the entire recipe development process for greater visibility and insights into every development phase.
Other new capabilities include the ability to define target and limit values and the addition of integrated product compliance checks to ensure that all rules are being met, which is essential in highly regulated industries such as food and beverages, chemicals and life sciences.
Jean-Christophe LeDoux, a managing director in the Accenture SAP Business Group, said, “Process-industry companies are taking a closer look at product lifecycle management and other ways to scale and drive profitable growth. We’re helping clients leverage SAP target-driven recipe development capabilities that use real-time collaborative processes to provide calculations on costs, nutrients or ingredients on one screen for simplified management and faster product development. We believe this will become the industry standard.”
The enhanced capabilities for the SAP Recipe Development application will be available with the SAP S/4HANA 1909 release.
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