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SAP SE Report of Q1-2024 Financial Performance

Supply Chain Matters

Corporate Restructuring Impact Noted in the commentary was that the quarterly loss was primarily impacted by a €2.2 billion restructuring charge associated with the announced 2024 corporate wide restructuring program that was highlighted by Supply Chain Matters in January. All rights reserved.

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Founder Bob Ferrari Featured in Upcoming GS1 Podcast

Supply Chain Matters

Further discussed is the delicate balance that corporate Chief Information Officers must strike between harnessing cutting-edge technology while having to ensure robust cybersecurity across the entire business including the supply chain. All rights reserved.

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SAP Announces Launch of 2024 Corporate Restructuring

Supply Chain Matters

B2B and ERP Cloud based software provider SAP SE has announced the launch of a 2024 corporate restructuring program. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. A further component of the operating profit goal was a reported €0.5 All rights reserved.

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Reports Indicate Walmart Cutting Salary Staff

Supply Chain Matters

This week, business and industry media reported that the company now plans to cut, what The Wall Street Journal noted as hundreds of corporate roles in an overall restructuring effort. Notifications to employees reportedly began this week in both the Bentonville, Arkansas corporate office and other corporate offices.

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UAW Targets a Second Nonunion Automaker in the U.S. South

Supply Chain Matters

They were expressed as longer mandatory hours of work, impacts of rising inflation on worker’s household budgets, prior wage concessions in tough economic times and perceptions of corporate greed in salaries and bonuses of business CEO ’s. Stay tuned. All rights reserved.

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FedEx Second Quarter Financial Performance Disappoints

Supply Chain Matters

Subramaniam indicated in the earnings briefing that the carrier remains on-track with its corporate restructuring plans, with an initial phase planned to go into effect in 2024. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. There is obviously much at-stake. All rights reserved.

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SAP Announces Supervisory Board Leadership Change

Supply Chain Matters

Ala-Pietilä background is noted as being the President of Nokia Corporation from 1999–2005, along with being a member of the SAP Supervisory Board from 2002–2021. He currently serves on several European corporate boards, including as Chairman of the Supervisory Board of the Dutch multinational location intelligence company HERE Technologies.

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