SAP Ariba Strategic Sourcing Suite: A Solution for Retailers

Discover how retailers can more easily source private-label products and fresh produce and related goods for resale products and services with SAP Ariba Strategic Sourcing Suite. Learn how it can help you qualify, onboard, and engage in strategic sourcing processes with suppliers. Download the Document

SAP® Ariba® Strategic SourcingSuite: A Solution for RetailersBenefitsWith SAP Ariba Strategic Sourcing Suite,you can:• Accelerate time to market for private-label products• Digitalize information from the supplierto the product information managementsystem• Reduce source-to-contract cycles by upto 50%, as reported by SAP customers• Create comprehensive requests forproposals in minutes by automaticallypopulating attribute and categoryinformation from back-end systems• Automate repetitive sourcing processesfor perishable goods, such as produceand dairy, to increase the efficiency ofyour buyers• Capture more savings by increasingspend under management• Improve corporate social responsibilitycompliance with greater visibility andinsight into suppliers’ operationsAs consumer preferences rapidly continue to shift to e-commerce, retail businessesmust transform how they do business by digitalizing and transforming core processes.They must also find ways to innovate and deliver new products faster to stores todrive sales, customer loyalty, and higher margins.For many retailers, this means introducing or extending their private-label assortment– products manufactured by one company and offered under another company’sbrand. These products offer higher profits and build brand loyalty, but they also posenew challenges and process demands such as: Selecting, qualifying, and onboarding suppliers to manufacture products Bringing products to market quickly Sourcing private-label articles Collaborating around relevant attributes with suppliersOther types of merchandise spend, such as buying fresh produce and goods forresale products, are often handled using continuous, time-intensive, and repetitivesourcing processes. How can you meet these new demands with speed, agility,and excellence?OPTIMIZE THE SOURCE-TO-CONTRACT PROCESS FORPRIVATE-LABEL GOODS AND FRESH PRODUCEAs shown in the figure below, SAP® Ariba® Strategic Sourcing Suite helps youmore easily source private-label products and fresh produce and related goodsfor resale products and services. Retail buyers can use the suite to qualify,onboard, and engage in strategic sourcing processes with suppliers, using bestpractices gleaned from leading global private-label retailers. It complements yourdigital core, helping you achieve greater agility and productivity, reduce risk, andbetter manage supplier relationships through integration with SAP S/4HANA® (aswell as earlier versions of SAP for Retail solutions, informally known as “IS Retail”)and product information management (PIM) systems. Buyers can request andcompare bids from prospective suppliers and help ensure that key aspects ofgoods for resale are consistently addressed in their bids, while suppliers canquickly input the details.Data Sheet | PUBLICSAP Ariba Solutions | SAP Ariba Strategic Sourcing SuiteFigure: SAP Ariba Strategic Sourcing SuiteCategoryattributehierarchyAdvanced retailprivate-label sourcingArticleintegrationProductquestionnaireAutomatedprice requests forperishablesAPI for PIMintegrationArticle andarticle varianceAnalyzeS u p p l i e ronboarding,qual if ication,andsegmentationSource-to-contractsupportforspendcategoriesSourceContractSellDevelopproductideaCollaborate onspecificationsManageIntegrateERP
About SAP AribaSolutionsSAP Ariba solutions support the market-place for modern business, creatingexchanges between millions of buyersand suppliers across the source-to-payprocess. Our solutions enable companiesto simplify collaboration with their tradingpartners, make smarter business decisions,and extend their collaborative businessprocesses with an open technology platform.More than two million companies useSAP Ariba solutions to connect andcollaborate around nearly US$1 trillion incommerce on an annual basis. To learnmore about SAP Ariba solutions and thetransformation they are driving, visitus online.WHY RETAILERS ARE CHOOSING SAP ARIBA STRATEGICSOURCING SUITERetailers using SAP Ariba Strategic Sourcing Suite can take advantage of: Total landed cost calculations that simplify comparisons by including logisticscosts, import duties, taxes, and International Commercial Terms (Incoterms) Configurable, complex price-breakdown requests for proposals and analyses thatdetail complex costing information to help you identify potential savings in private-label product production Easier award splits across multiple suppliers Integration with SAP S/4HANA (and earlier versions of SAP for Retail solutions,informally known as “IS Retail”) and its master data, with the inclusion of articlemaster data with generic articles and variances, as well as support for pricing con-ditions, to simplify the creation of sourcing events and contracts for goods to resell Integration with the SAP ERP application and SAP S/4HANA to smoothly transferresults from sourcing events and contract negotiations to procurement systemsused to generate follow-on documents and facilitate compliance with pricing andterms Two-way integration with retail PIM systems to collaborate with suppliers onproduct- and quality-related characteristics Automated processes that include product- and quality-related attributes insourcing events and transfer this information into contract documents Special strategic sourcing capabilities to support mixed case and display unitnegotiations Product questionnaires to explore supplier equitability, inclusiveness, andsustainabilityA CLOSED-LOOP, DIGITALLY TRANSFORMED SOURCINGSOLUTION FOR YOUR NEEDSSAP Ariba Strategic Sourcing Suite supports your contracting, merchandise andnonmerchandise supplier management, and sourcing processes for goods, whetheror not they’re for resale. It also supports a closed-loop, digital, source-to-contractprocess for your sourcing needs.Contract Management CapabilitiesWith this suite, you can reduce the risks and lost savings associated with misplacedand mismanaged paper contracts. You can: Manage procurement and sales contracts, IP licenses, internal agreements,and more Accelerate the contract lifecycle with automated contract authoring, review,and approval Collaborate with internal stakeholders and trading partners Integrate article data, vendor master data, and contract data to and from sourcing,ERP, and other back-end systemsSupplier Lifecycle and Performance Management CapabilitiesSupport the supplier management lifecycle using a single, Web-based platform thatenables suppliers to register and collaborate with you. You are able to: Register, qualify, and segment vendors based on category, location, and businessunit Integrate qualified and preferred vendors smoothly into the source-to-contractprocess Access a 360-degree view of vendor information Monitor and manage vendor performance with a centralized information portal Utilize automated, standard alerts and reports to assess compliance and managevendor riskLEARN MORETo learn more, visit us online.www.ariba.comStudio SAP | 73951enUS (23/09)© 2023 SAP SE or an SAP affiliate company. All rights reserved.See Legal Notice on www.sap.com/legal-notice for use terms,disclaimers, disclosures, or restrictions related to SAP Materials forgeneral audiences.