Tenthpin
Driving Industry-focused Digital Transformations

The phrase “transform or perish” has never been more relevant to the global enterprise. In order to survive the dynamic and complex environment, businesses must overcome challenges such as cost and pricing fluctuations, uneven demand patterns, commoditisation and product customisation, complex supply chains, increased competition, and changing regulations. Against this backdrop, organisations are almost duty-bound to adopt digital transformation and build new business models. It is the only way for them to interact with customers with an innovative mindset (Digitise Innovation), build a competent workforce (Digitise Workforce), simplify and automate their operations (Digitise Operations), and leverage advanced insights for continuous business performance improvement (Digitise Insights).

While embracing digitisation is the new lay of the land, organisations require a trustworthy ally to successfully ensue their strategic and digital transformation. This is where Tenthpin, an accredited SAP partner, brings tremendous value. Rather than constructing a generic digitisation journey that could apply to any business, Tenthpin uses a front-end engineering approach to align the transformation program with the client’s business strategy to develop a medium-and longer-term journey map to quantify value and align stakeholders towards the journey. Be it life sciences, agriculture & chemicals, or diversified industries, Tenthpin possesses the wherewithal to combine its rich experience and industry and process knowledge with the latest technology drivers to steer an organisation toward digital transformation.

In its endeavour to enable industry-focused transformation results, Tenthpin draws on its strategic partnership with SAP. By leveraging SAP S/4HANA Intelligent Enterprise in a holistic context, Tenthpin assists clients to not only define their digital transformation journey but also sustain long-term value from the technology implementations. Throughout the journey, Tenthpin uses its three pillars for success—industry frameworks, experienced team, and agile approach—which leads to the fourth pillar, i.e., a nimble, cost-effective, and business-focused approach. “We have accelerators of value realisation and KPI formulation frameworks in the industries of focus,” says Jürgen Bauer, executive chairman and co-founder of Tenthpin, which also specialises in Clinical Trial Supply Management (CTSM), e-labels for clinical trials, sales and operations planning, integration of external supply chain partners, serialisation, track and trace, and industry-specific IoT solutions.

Bauer adds, “Our consulting services are time-tested, proven and have an impeccable success rate, which enables us to deliver consistent results and enhance the return on time and technology investments.”

The “consistent results” are palpable. A typical SAP S/4HANA Intelligent Enterprise service offered by Tenthpin delivers strategic benefits such as 10-20 percent increase in revenue from new products, 20-30 percent reduction in R&D expenses, 10-15 percent drop in maintenance costs, and 25 percent decrease in cycle time for financial processes. Tenthpin-engineered digital transformation also helps enterprises to centralise and standardise their processes and policies, improve their productivity, reduce total cost of ownership, and enhance their agility to deploy product/ service initiatives.

As part of its SAP S/4 transformation offering, Tenthpin delivers a portfolio of services to aid clients at every juncture—from conception to implementation to value realisation. To that end, Tenthpin helps clients leverage ERP capital investments, including cloud-based solutions, SAP S/4 HANA, and SAP ECC. “We closely monitor the new developments that SAP brings to the market and understand the capability of the various SAP solutions—what it promises for the future and also discern our future developments that might be relevant specifically from an industry point-of-view. We shoulder the responsibility of leveraging the right kind of solution for each of our clients,” says Jim Williams, co-founder and U.S. Partner at Tenthpin.

Though Tenthpin’s services have delivered value across industries, the recent work done by the SAP experts in life sciences is significant. For instance, Tenthpin recently launched a pre-configured Tenthpin solution for cell and gene therapies (CGTSM) that covers the whole end-to-end, patient-centric value chain with SAPS/4 HANA. Also, Tenthpin assisted a client in the implementation of an integrated clinical supply chain, deploying a medical device global template and solving additional industry issues like equipment leasing, field inventory, warehouse design and tax optimised supply chains. “We also run numerous coaching initiatives, and actively engage CIOs to decide on the right tool for innovation,” adds Michael Schmidt, co-founder & Partner at Tenthpin, which also delivers services such as program and project management, quality assurance consulting, and transformations from mergers, acquisitions, and divestments.

In the coming years, Tenthpin—a proud member of SAP’s PartnerEdge program—will continue to assist its clients in an agile, nimble and innovative manner. The SAP consultancy, which also possesses a team of scientists working on big data analytics with Hadoop technologies, will soon be launching an ‘intelligent enterprise’—a digital data supply chain and product launch cockpit.

Founded in 2017 with offices in Europe, North America and Asia, including more than 200 consultants, Tenthpin will continue to broaden its footprint. “We have built a solid structure and a global operating model which will allow us to grow and expand. Our offerings are continuously growing through our own SAP-based solution development and close partnerships with disruptive technology partners to tackle industry-specific challenges of our clients and by partnering with unique technology solutions to enhance our portfolio,” concludes Bauer.