The idea of networking with peers hasn’t become a stale one SAP released a brand-new solution for this purpose in 2019 called SAP Logistics Business Network, or SAP LBN. More recent, cloud products such as SAP Ariba and SAP Integrated Business Planning have brought these capabilities to many more customers that didn’t have the bandwidth to host an SAP system themselves. SAP has long played a role in the supply chain management area, with solutions such as SAP Enterprise Resource Planning and SAP Advanced Planner and Optimizer helping to bring together buyers and sellers of raw material. And for those suppliers, the opportunity to grow networks and diversify their income streams can help keep them operational when one customer goes out of business or finds another supplier to purchase from. Where manufacturers used to have to rely on local suppliers or use the phone book to find those farther away, a simple internet search can return hundreds of businesses that can provide the raw materials needed to create finished goods. This has been a big benefit for companies of all sizes on both sides of the supply chain. As globalization has increased over the first two decades of this century, so has the use of computers to conduct business.
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