Key Highlights:
- McKinsey and SAP will offer an end-to-end design for SAP S/4HANA migration with an initial industry focus on consumer products, retail, automotive, and manufacturing.
- Every enterprise needs to develop new business models to avoid being disrupted, gain efficiencies to fund innovation, and transform mission-critical systems in a way that minimizes business risk.
- SAP and McKinsey’s relationship brings together strategic thinking with technical implementation, helping the boldest leaders find enduring solutions to our most urgent challenges.
Recently, McKinsey’s research illustrated, that new supply-chain challenges, the growing threat of cyber-attacks, and other geopolitical factors are accelerating the shift to cloud services—a $1 trillion dollar market opportunity. Earlier, organizations use to invest in modern technology in their business operating models to deal with the uncertainty. Traditionally, ERP modernization fell short in maximizing business values which forced toward C-suite priorities like corporate strategy and organizational mindset. Hence the strategic alliance between the leaders McKinsey and SAP took place in support for the cause.
Addressing the above, McKinsey and SAP together are creating a strategic alliance that merges technology modernization with strategy execution. Both the company’s individual strengths will help in driving better business results and addressing critical business challenges. McKinsey and SAP will offer an end-to-end design for SAP S/4HANA migration with an
initial industry focus on consumer products, retail, automotive, and manufacturing.
Enduring Solutions with McKinsey and SAP alliance
Recently, to transform the company’s complex ERP system, Merck KGaA, a world-leading life sciences company worked with SAP and McKinsey. This helped them in moving from
from a collection of legacy platforms to a consolidated global system, complete with a new organizational structure and governance model.
SAP CEO Christian Klein stated, “Every enterprise needs to develop new business models to avoid being disrupted, gain efficiencies to fund innovation, and transform mission-critical systems in a way that minimizes business risk.” “This alliance ensures that McKinsey and SAP can work side-by-side to focus on deploying the right ERP with the highest ROI and sustained value from technology investments, enabling clients to tap into numerous new value pools.”
McKinsey global managing partner Bob Sternfels said, “Technology enables speed, and it can play an outsized role in driving sustainable, inclusive growth.” “SAP and McKinsey’s relationship brings together strategic thinking with technical implementation, helping the boldest leaders find enduring solutions to our most urgent challenges.”
