Create and manage more-resilient supplier relationships

Find out how SAP Ariba Supplier Management can provide much-needed transparency to let you effectively assess risk and improve collaboration with suppliers to create strategic supplier relationships, resulting in more-resilient supply chains. Descărcați documentul

Create andmanagemore-resilientsupplierrelationshipsSolution brief | SAP Ariba Supplier Management SolutionObjectives Quick factsBenefits
2 | 5Protect your organization against disruptionAs global supply chain disruptions continue to be compounded by ongoing geopolitical events,modernizing procurement operations has emerged as a key strategic priority for many organizations.Only with the right technology providing much-needed transparency can businesses effectively assessrisk and improve collaboration with suppliers to create strategic supplier relationships resulting inmore-resilient supply chains.Amid ongoing geopolitical conflicts, surging inflationarypressure, and increasingly erratic climate-change-relatedweather events, organizations around the world have beenimpacted by procurement and supply chain disruption.With volatility placing stronger demands on sourcing andprocurement organizations, there’s an urgent and strategicneed to forge stronger relationships with suppliers. Whendisruption is constant, an organization’s readiness to man-age unexpected supply chain challenges is essential forbusiness continuity and competitive advantage.The key to better anticipating and responding to the chal-lenges of a turbulent supply environment lies in rethinkingsupplier and procurement management around all spendtypes. As supply chains become more complex, it’s essen-tial to use technology to manage supplier relationshipsand mitigate supplier risk, allowing you to respond withagility in the face of disruption.SolutionObjectives Quick factsBenefits
3 | 5Center your source-to-pay process aroundyour supplier relationshipsAt a time when supply chain transparency is more impor-tant than ever, how do you develop supplier relationshipsand create value when supplier data is spread acrossmultiple sources, limiting visibility into your supply base?Helping you proactively and strategically manage supplierrelationships, the SAP Ariba Supplier Management packageoffers an innovative approach to better manage supplierlifecycles, performance, and risk within the context of yoursource-to-pay process. The package offers solutions thatsupport strong supplier management combined with con-stant monitoring of supply chain risks.Offering natively integrated supplier management tools,the SAP Ariba Supplier Lifecycle and Performance solutionenables flexible and agile management of trading partners.It allows for an effective way to connect with suppliersthat’s faster, easier, and more secure while streamliningsupplier onboarding and registration. Internal workflowsexecute checks and balances that help ensure suppliercompliance.Meanwhile, the SAP Ariba Supplier Risk solution helps youuncover supply chain risks across various spend and risktypes, helping your buyers make smarter, safer decisionsbefore purchase. The solution links mitigation plans andprocesses with your network of suppliers, allowing per-sonalized risk scoring and monitoring of your supply base.SolutionObjectives Quick factsBenefits
4 | 5Develop supplier relationships aspartnerships to improve collaborationUsing SAP Ariba Supplier Lifecycle and Performance andSAP Ariba Supplier Risk helps you smooth interactionsbetween your buyers and suppliers, provide accurate andvisible data on the business being transacted, and reporton performance outcomes.You can automate and streamline supplier management,better align with procurement, and gain a 360-degree viewto vet and manage your suppliers from every angle withinthe context of the source-to-pay process. This allowsyou to drive more spend to preferred suppliers, eliminatesavings leakage, and prevent supply chain disruptions byresponding quickly and effectively to shifting marketconditions.Integrating supplier onboarding, qualification, and seg-mentation with other procurement processes supportsconsistency throughout the source-to-pay process andenables compliance across your supply base. A compre-hensive view of key suppliers allows you to make timely,contextual, and more-accurate business decisions andimprove collaboration with your trading partners.When your buyers are well-informed, they can makedecisions that prevent supply chain disruptions.With a configurable setup, youcan tailor risk views and alertsto your business, each supplierrelationship, and your role, and tiespecific information to sourcing orcontracting clauses before the worktakes place.SolutionObjectives Quick factsBenefits
SummaryAt a time when supply chain disruption is constant, yourorganization’s readiness to manage unexpected supplychain challenges is essential for business continuityand competitive advantage. With the SAP Ariba SupplierManagement package, you can manage supplier informa-tion, lifecycle, performance, and risk all in one place andmake supplier qualification and segmentation an integralpart of your buying processes.Objectives Improve supplier lifecycle visibility, reduce costs, man-age risk, and enhance operational efficiency across thesource-to-pay process Streamline supplier onboarding and reduce cycle time Minimize risks associated with suppliers and monitorsuppliers across key risk categoriesSolution Enables a detailed, accurate, and up-to-date view ofsupplier information integrated with sourcing and pro-curement processes Creates a single, up-to-date supplier record and makesit easier for suppliers to maintain their own information Provides actionable risk triggers and evaluation basedon a risk controls framework to mitigate regulatory andcompliance-driven risksBenefits Manage supplier lifecycle, performance, and risk all inone place Scale supplier compliance across your organization Support proactive supplier risk management withongoing risk and performance monitoringLearn moreTo find out how SAP Ariba Supplier Management canhelp your business, visit us online.85884enUS (24/03)© 2024 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 this material.SolutionObjectives Quick factsBenefits