Today – Sept 16 2015 – we have launched SAP Cloud for Product Stewardship, - a new SAP cloud solution targeting specifically the needs of the chemical industry. Since chemical or product related regulations increase in number and complexity all over the world, it becomes increasingly difficult and risky to market chemical products globally. In order to safeguard Revenue and to mitigate compliance costs and risk SAP Cloud for Product Stewardship supports and streamlines product compliance processes in chemical companies. An intuitive cloud solution helps to quickly assess, manage, and ensure the compliance and marketability of products. The solution contains up-to-date regulatory content, for example, substance lists based on dozens of regulations, links together all required information, automatically checks compliance, and presents compliance information and statuses via powerful reports and analytics.
More than a dozen chemical companies in Europe and the US provided input and contributed to the design of the SAP Cloud for Product Stewardship solution. The new solution is globally available now and will be showcased at the SAP International Conference for Chemicals being held October 5 – 6 in Düsseldorf. At this conference, we discuss it in detail during a pre-conference workshop about Securing Your Brand Recognition and Revenue Streams with Product Innovation and Integrity and cover it in a presentation. Moreover, you can browse it at a demo pod.