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Sourcing and Contracts

Create best-value sourcing agreements for sustainable savings in direct materials, indirect materials, and services.

Reduce costs and mitigate risks while fully realizing negotiated savings

Standardize source-to-contract processes across the organization as you identify savings opportunities and find new sources of supply.

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Match with the right trading partners to support relief efforts.

Product Overview

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Guided sourcing

Expedite and improve the creation, monitoring, and awarding of RFI and RFP sourcing events with streamlined processes.

Process workflows

Drive efficiency with flexible project management tools, including integrated workflows, document management, and approvals.

Category management

Define the project processes, activities, and tasks you need, given the category, geography, and business units involved.

Integrated contract management

Improve control and compliance with capabilities for authoring and approving contracts, a clause library, and workflows. 

Integrated supplier management

Employ capabilities to qualify suppliers, streamline onboarding, monitor performance, and mitigate risk on a single platform.

 

 

SAP Ariba solutions help us leverage every opportunity to take cost out of the business and help drive value to the bottom line.
Tom McKee, CIO, Kennametal Inc.

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Project management tools

Use electronic, template-based tools to get bids and issue awards with integrated workflows, approvals, and documentation.

Materials dashboard

Monitor sourcing needs with innovative and configurable dashboards for materials and bills of materials (BOMs).

PLM and retail solution integration

Share data smoothly by uniting product lifecycle management (PLM), material and product information, and vendor management.

BOM and recipe collaboration

Collaborate with key suppliers to boost innovation, improve design for manufacturability, and control costs.

Integrated contract and supplier management

Create contracts automatically, qualify vendors, streamline onboarding, and manage supplier risk on a single platform.

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Automated project initiation

Enable demand and sourcing projects to be triggered by purchase requisitions acquired from multiple back-end systems.

Sourcing project management

Facilitate project and event creation, management, and execution for materials that are part of available material masters.

Automated negotiation processes

Achieve greater efficiency with options for multiple rounds of renegotiation and support for flexible pricing conditions.

Access to material masters

Help ensure the automated creation of sourcing award documents, such as contracts and POs, complies with terms and conditions. 

Supplier management and collaboration

Manage supplier lists to receive bids from the right suppliers and integrate with supplier portals to ease collaboration.

Collaborative negotiations

Make negotiations more efficient to accelerate contract cycles, identify revenue opportunities, and minimize revenue loss.

Centralized contract repository

Keep better track of your contracts with secure, electronic storage capabilities and search tools for on-demand access.

Contract processing workflows

Control contract authoring, negotiation, approval, and execution with automated workflows and a comprehensive audit trail.

Powerful search and reporting

Avoid missed deliverables and milestones while eliminating maverick and redundant contracts.

Electronic signature management

Go ink- and paper-free and watch your savings, revenue, and productivity grow by eliminating the need for manual signatures.

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Commodity classifications

Collect and combine spend data and classify it with taxonomies based on customized terms or industry standards unique to SAP.

Enriched supplier data

Gain insight into your supply base, find sourcing opportunities, and optimize negotiations based on Dun & Bradstreet data.

Built-in machine learning

Enable fast, accurate supplier enrichment and commodity classification with large data volumes, as well as ongoing refreshes.

Fast analysis and reporting

Achieve faster data loading and accelerate reporting without data-size barriers by using SAP HANA.

Integrated services

Maximize your ROI with application, project management, and adoption support and guidance from deployment strategists.

Everything is driven by the fact that SAP solutions let us define KPIs and track them. This is because, what you can't measure, you can't control – and what you can't control, you can't improve.

Manuel Salomon, Strategic Supply Manager, Grupo México – División Minera AMC

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Suppliers for any need

Find suppliers for virtually any sourcing need, including spot buys and tactical, indirect, low-cost, and services spend.

Rich supplier information

Rely on accurate, up-to-date supplier information, including a five-star ranking system to help select the right suppliers.

Convenient central access

Source more categories, manage RFPs, respond to bids, award contracts, and more – all from a single, intuitive interface.

Facilitated collaboration

Use networking tools to find new suppliers, interact through a direct messaging system, and engage in online Q&A exchanges.

Access to supplier diversity

Tap a global base of suppliers in more than 20,000 categories, including green, minority-owned, and women-owned businesses.

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Two user licenses

Allow two users each to post up to two sourcing events in a month, with a minimum usage requirement of one event monthly.

Fast RFx publishing

Speed up sourcing tasks with a fast, wizard-driven process for creating and publishing simple RFIs, RFPs, and auctions.

Rapid, efficient communications

Exchange messages and get answers through your event screen: one-to-one, one-to-many, buyer-to-buyer, and buyer-to-supplier.

Handy dashboards and reports

Drive events from a configurable dashboard and use ready-made reports to stay informed on status, tasks, and responses.

Broad team collaboration

Provide up to 20 team members with visibility into a sourcing event to collaborate and share feedback.

Advanced contract lifecycle management across your source-to-pay process

Improve contract turnaround times, realize the full value of every contract, and effectively manage risk by extending contracting capabilities with Icertis Contract Intelligence (ICI) for SAP Ariba solutions.

Questions? Get in touch!

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