A groundbreaking shift in budget management is helping Yamaha Motor Co., Ltd. enhance efficiency and streamline operations on a global scale. With guidance from PwC Consulting and SAP Japan, Yamaha Motor has embraced SAP Business Planning and Consolidation (SAP BPC), a system that forms an integral part of its bold digital transformation (DX) strategy.
In 2019, Yamaha Motor made a noteworthy decision to adopt SAP products as the foundational pillar of its DX strategy. Recognized as a global standard, these products have played an instrumental role in Yamaha Motor’s digital reforms. The goal? To further standardize and streamline operations across the world, thereby fostering a culture of data-driven management.
The specific product at the heart of this strategy is SAP BPC. This solution has also been operationalized globally, marking a departure from Yamaha Motor’s traditional cumulative budget process. Now, both the head office management team and the head office business division heads formulate management or business scenarios. Additionally, these scenarios form the basis upon which future budget targets are set, creating a significantly more streamlined and efficient KPI commitment-based budget process.
Collaborating with PwC Consulting and SAP Japan
PwC Consulting and SAP Japan have also been instrumental in facilitating Yamaha Motor’s remarkable shift. As two highly experienced entities, they have provided invaluable guidance in the implementation of SAP BPC, leveraging their deep expertise and tried-and-tested methodologies. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)
With a proven record in supporting SAP BPC implementations in Japan and globally, PwC Consulting has been a key player in making Yamaha Motor’s shift to SAP BPC a reality. From aiding in the design and implementation of new budget systems and KPIs to solving challenges related to speed, visualization, and accuracy, PwC Consulting has been integral throughout the process. The consulting firm has also addressed issues with individually optimized operations and systems, resulting in new standard operations and systems that are deployed not only by Yamaha Motor but globally.
SAP Business Planning and Consolidation: A Springboard for Yamaha Motor’s Future
Moreover, Yamaha Motor’s adoption of SAP Business Planning and Consolidation is not perceived simply as a current project but as a crucial stepping-stone towards fulfilling its long-term vision. Drawing on the theme of “Using simplicity to make Yamaha Motor stronger,” the company is building upon its new management foundation by emphasizing digital marketing, aggressive development of connected products, and customer-centric business practices.
Armed with a robust R&D system specializing in digital technology, Yamaha Motor is also in a prime position to co-create with society and customers, thereby shaping the future. The ultimate goal? To accomplish the company’s long-term vision for 2030 – “ART for Human Possibilities” – and create a happier world.
In conclusion, Yamaha Motor’s transformation, underpinned by the SAP Business Planning and Consolidation system, symbolizes the company’s commitment to innovation and efficiency in a digital age. With the support of PwC Consulting and SAP Japan, Yamaha Motor is poised to accelerate its global operations, standardize processes, and realize its visionary goals. Amid the fast-evolving business landscape, SAP Business Planning and Consolidation serves as the backbone of Yamaha Motor’s ambitious DX strategy.