SAP Sourcing OnDemand – Simplifying Management of the Strategic Source-to-Contract Process: Product Demo

Learn how SAP Sourcing OnDemand can help you with sourcing management; requests for proposal, information, and quotation; real-time auctions; contract life-cycle management; bringing suppliers onboard; and supplier information and performance management.

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    • The SAP Sourcing OnDemand solution: Simplifying management of the strategic source-to-contract process. In this demo, you'll see how SAP Sourcing OnDemand enables you to perform and optimize sourcing management; requests for information, quotations, and proposals; real-time auctions; contract authoring and lifecycle management; supplier onboarding; and supplier information and performance management. In this example, I’m a sourcing manager at Global Corporation. I use SAP Sourcing OnDemand to help me manage my strategic sourcing projects. Leveraging the solution’s role-based dashboard, I have immediate access to relevant information and activities. I can also add to a favorites list to bookmark important reports, key documents, and previous searches. At any time, I can simply type in a key word to find a relevant document. When I click on a project link, I gain immediate access to everything related to that particular project. For example, I can manage sourcing activities, create a blueprint of my sourcing methodology, and track and report on savings. I can also create an RFx, auction, or contract and carry over key information for the project. This minimizes the information that I need to manually key in and reduces the cycle time associated with these business processes. On the” Project Header” page, I get an overview of the project, including a list of collaborators and links to documents and other activities for this project. In the “Schedule” tab, I can see the project status, who owns various tasks, and whether or not activities are on schedule. My company can configure the solution so that I can capture and monitor savings in the projects area. For example, using the “Accounting” tab, I can track forecasted and actual savings for each relevant time period associated with this project. Today, I would like to review an RFx that’s related to a project I’m currently working on. As you can see, the user interface is very similar to the one I used in the project area. Using the questions tab, I can ask the suppliers questions. Using the “Preferences” tab, I can also note my preferences – for example, I can choose to score vendors automatically to reduce evaluation time, or through collaboration with key stakeholders. I can also weight questions to drive decision making based on the most important issues, as well as include line-item pricing formulas to determine the total cost of ownership for the purchase. Here, we can see a particular line item formula that was created to determine the price unit formula. If we want to add another formula, we can simply pick and choose the information that is most important to us. This information will be used during the RFx evaluation. Here, I can get an overview to help me compare suppliers. Because SAP Sourcing OnDemand is fully integrated with the SAP BusinessObjects Dashboards software, I can instantly access robust and user-friendly reporting. As you can see, I can score by price and by value score, in addition to the formulas that I entered into the supplier evaluation previously. Once I evaluate all of the supplier proposals, I can award business and create a contract, or I can run an auction in real time to ensure that I have achieved market pricing and the best overall value from qualified suppliers. I can choose a variety of auction types, disclosure rules, times, and extensions and transformational bidding factors to optimize the strategy for a particular category of spend. On the biddi
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