Boost business and supply chain strength with strategic sourcing

Learn how the SAP Ariba Sourcing solution can help you automate and streamline tasks across the sourcing lifecycle so you can strengthen your supply chain, cut costs, and build your bottom line. Download dokumentet

Boost business and supply chainstrength with strategic sourcingThe smart way to cut costs, improve quality, andincrease your bottom lineStrategic sourcing gives you the single greatest opportunity toimpact the cost, quality, and performance of your supply chainand your business. But traditional approaches and limitedsolutions can hold you back. With the right technology, you canautomate and streamline tasks across the sourcing lifecycle toaccelerate savings and meet key goals faster.1 | 7
SAP Ariba Sourcingsupports morethan 20,000 spendcategories –covering all spend,19 languages,and over 220currencies.As inflation, geopolitical conflicts, and market volatility createnew supply chain challenges, effective sourcing has never beenmore important – and digitization offers the efficiency you needto make it happen. Sustainable savings come from using in-depthspend analytics to define and execute informed supplier selection,along with tools to identify cost-cutting opportunities and createcontracts that convert opportunities into actual savings. You alsoneed ways to evaluate the total cost impact of sourcing decisionsand reduce the time and effort spent on administrative tasks.The SAP Ariba Sourcing solution delivers everything you need toachieve these goals, providing: Intelligent and comprehensive sourcing andnegotiation capabilities AI-driven features and an advanced user experience (UX) Extensive strategy development and categorymanagement support Direct access to a global network of suppliers End-to-end automation that speeds and simplifies tasks acrossthe sourcing lifecycleAnd when you deploy it as part of the SAP Ariba Strategic SourcingSuite or SAP Ariba Source-to-Contract Suite, you gain higher spendvisibility plus additional contract, supplier management, and publicprocurement functionality that let you realize even greater value.2 | 7
Conducting in-depthdata analysis is acritical first stepin the strategicsourcing process.Replicate the entiresourcing process withembedded projects,tasks, documents,milestones, andmore. Use projectinsight tiles to monitorprogress at a glance.Analyze, prioritize, andplan for opportunitiesSAP Ariba Sourcing can tap spend data captured by any spendanalytics tool, giving you relevant insights that enhance yourability to rationalize the supply base, negotiate lower pricing, orimplement new requirements.Conducting in-depth data analysis is a critical first step inthe strategic sourcing process. By taking the time up front toexamine detailed metrics across commodities, categories,previous purchases, supplier performance and reliability,diversity and sustainability, and similar areas, you can gainvaluable knowledge that informs your choices about whatto spend and where to spend it. It also helps you determinewhich types of sourcing events will have the highest potential toimprove long-term business growth and profitability.Easily create events thatmeet your needsOnce you’ve determined key priorities, you can use theguided sourcing capability – SAP Ariba Sourcing’s intuitiveand intelligent UX – to structure the most appropriate processfor your events, whether your project is as simple as sourcingprinter cartridges for a few US offices or as complex as buyingmaterials and components to build a new line of modulardrilling systems.Single-screen creation lets you copy existing projects oruse standard templates to quickly generate events such asRFIs, RFPs, and reverse and forward auctions. Step-by-stepdirections, contextual help, and guided tours powered by theSAP Enable Now solution support you through each stage ofthe process. Guided sourcing also makes intelligent suggestionsabout content to include based on header-level questions andrequirements in similar previous events, speeding the processand boosting productivity.The solution enables you to replicate the entire sourcingprocess with embedded projects, tasks, documents,milestones, review and approval flows, predecessor and follow-on projects, and more, while project insight tiles let you monitorprogress at a glance. A centralized content repository providesconvenient access to documents and resources needed formultiple sourcing events. Smart Excel import supports creationof line items from files not in predefined SAP Ariba formats (suchas the Excel bid sheet users typically attach to events) andautomatically maps data to correct system terms, shortening3 | 7
Get immediateaccess to new high-quality suppliers,broadening the reachand competitivenessof your events.cycle times and increasing accuracy. In-line and bulk editcapabilities let you select items you wish to update and eitheradd or revise terms.Optimize supplier discoveryand selectionSAP Ariba Sourcing streamlines your ability to rapidly findand select the best suppliers, even when you have limitedknowledge about a market or category. For example, ratherthan relying on an approved vendor list or searching the Internetto find new suppliers, you can use the SAP Business NetworkDiscovery solution to post your sourcing needs to the network’svast global pool of suppliers, then receive a list of responsesfrom those who match your requirements. This gives youimmediate access to new high-quality suppliers, broadening thereach and competitiveness of your events.Comprehensive filtering options on SAP Business NetworkDiscovery enable you to calibrate your search based on a widerange of criteria – including product and service categories,free-text keywords, sustainability practices, 60+ certificationtypes, and more – making it easier to meet compliance andpurchasing goals. You can also view suppliers’ activity status,access verified company details, identify whether your businessalready transacts with the supplier, and search within availablesupplier catalogs. In-depth supplier profiles provide immediatevisibility to critical information, while collaborative tools let yousend specific inquiries about price, quantity discounts, regionalavailability, and similar considerations.SAP Business Network Discovery is natively integrated withSAP Ariba Sourcing and built into guided sourcing. This makesit simple to select the best suppliers from the list and add themdirectly to your sourcing event – without having to leave theevent screen.SAP Ariba Sourcing also uses AI and machine learning (ML) torecommend suppliers to invite based on past similar events andexisting contracts.In addition, guided sourcing generates awarding suggestionsto enhance the final selection process, giving you theflexibility to build customized analysis scenarios or follow therecommendations provided. These and other valuable featureshelp you consistently engage the right suppliers to meet yourbusiness requirements and create a more resilient and reliablesupply base.4 | 7
An easy-to-readdashboard dynamicallydisplays supplierparticipation status,timing, and item coverage.You can also filter,organize, and searchsupplier responses.Run effective and competitivesourcing eventsSAP Ariba Sourcing offers a broad variety of RFx and auctiontools supported by comprehensive assessment and decisioncapabilities. Resources include: Automated event creation, distribution, and multilevelweighted scoring that let stakeholders evaluate supplierresponses collaboratively Multistage functionality to carry forward data from invitedsuppliers into the event Flexible management tools that give you significant controlover the event process, enabling you to: Allow suppliers to selectively decline to bid or submitsurrogate bids Lock or exclude participants Download bid reports and attachments Manage changes after an RFx has been published Model complex pricing and total cost of ownership An easy-to-read dashboard that dynamically displays supplierparticipation status, timing, and item coverage Intuitive features that make it simple to filter, organize, andsearch supplier responsesThe solution gives you many ways to set up competitive biddingenvironments using various auction types, such as English andDutch forward and reverse, Japanese reverse, index, total cost, andbasket and lot. Features such as traffic light bidding (which showssuppliers their current auction position) and envelope bidding(which lets you segregate RFx content to drive unbiased evaluationof supplier responses) increase event transparency and efficiency.Instant messaging, bidding consoles, and graphicalrepresentations of auction activities facilitate clear, directinteraction with suppliers in real time. You can centrally managebidding and disclosure rules (such as bid visibility), automaticextensions, weighted-bidding cost factors, staggered startand end times for items, reserve price, and more. The abilityto conduct multiround negotiation and bidding within a singlesourcing event saves you time by eliminating the need to runmultiple events as a workaround.The solution also provides exceptional functionality to help youscore, grade, and assess supplier responses. A bid analysis andoptimization workbench with advanced filtering capabilitieslets you compare and analyze bids based on historical data5 | 7