Sourcing gets Simpler through Ariba
Latest release of market-leading strategic sourcing suite integrates power of SAP ERP and Ariba Network to remove complexity from direct materials sourcing
MUNICH, June 10, 2015 – By bringing the convenience and reach of personal networks to the business world, Ariba, an SAP SE (NYSE:SAP) company, has dramatically simplified the purchase of indirect goods and services. With the latest release of Ariba® Sourcing™, the company is now doing the same for direct materials. Through integration with SAP® ECC, companies can leverage the power of the cloud-based applications delivered on the Ariba Network to manage direct materials sourcing with greater speed, efficiency and transparency than ever.
“At Ariba, we are committed to removing the complexity from business commerce and helping companies to run simple,” said Sanish Mondkar, Chief Product Officer, Ariba. “With the latest release of our market-leading strategic sourcing suite, we are taking this to new levels. By providing direct integration with SAP and a greatly simplified user experience, we are enabling companies to manage sourcing of even the most complex categories with the same ease and efficiency used to manage indirect spend.”
Closing the Loop
With the integration of Ariba Sourcing and SAP ECC, companies can enable a closed-loop process that allows them to more quickly respond to sourcing requests triggered by their ERP system and better manage their execution.
For instance, a Request for Quote generated within SAP can be automatically sent to Ariba. Procurement can view the request and determine what action to take, including creating an RFP or running an auction, and send it back to the ERP system, either as a purchase order for one-time buys or as an outline agreement for long-term contracts. Through such alignment, companies can:
- Streamline the process for demand-driven sourcing
- Reduce duplicate data entry
- Extend the strategic sourcing process to cover more of their spend
- Eliminate custom integration work
Mastering the Data Challenge
Through bi-directional integration of vendor master data from SAP ERP and Ariba Sourcing, companies can solve the problem of keeping their data consistent and ensure they have the right vendor linked to each sourcing opportunity. And suppliers can quickly and easily update their information in a single location, ensuring their capabilities, certifications, ratings, etc. are always accurately reflected.
“For many companies, supplier data is inconsistent and stored in multiple systems, making it difficult to determine if the right things are being bought from the right suppliers at the right prices,” said Andrew Bartolini, Managing Partner and Chief Research Officer, Ardent Partners. “By synchronizing this data and managing it in a single location, procurement departments can access the knowledge they need to optimize sourcing decisions and improve compliance.”
Leveraging a newly designed user interface and intuitive, consumer-like search capabilities, companies can quickly and easily search for and find the information they need to guide their sourcing projects. Searches entered from a single location are automatically performed across all projects, suppliers and associated documents. And results are returned in a matter of seconds on a single page in a Google-like list.
“Getting the right information in the right hands at the right time is critical to making optimal sourcing decisions,” said Todd Kimpton, AVP Corporate Procurement, JM Family Enterprises, Inc. “The enhanced search capabilities embedded in Ariba Sourcing allow us to do this with greater speed and simplicity.”
The lastest release of Ariba Sourcing is available and in use today. To learn more about the solution and the value it can deliver for your organization, visit: www.ariba.com
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from an application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 291,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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