Purpose
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- SAP Ariba is SAP’s cloud-based procurement and supply chain management platform that provides end-to-end procurement capabilities, including sourcing, procurement, supplier collaboration, contract management, and supplier risk management.
Key Features:
- Supplier Network: Access to a global network of suppliers, making it easier to find and collaborate with the right suppliers.
- Sourcing and Auctions: Allows organizations to conduct online auctions for goods and services to get the best prices.
- Supplier Collaboration: Facilitates collaboration with suppliers in real time, improving order accuracy and communication.
- Contract Lifecycle Management: Enables businesses to manage contracts from creation to expiration, ensuring compliance with negotiated terms.
- Procurement Analytics: Provides analytics tools to track and analyse procurement activities, identify savings opportunities, and optimize supplier performance.
Benefits:
- Provides a cloud-based platform that allows for easy supplier collaboration and management.
- Offers a global supplier network, expanding sourcing opportunities.
- Automates procurement processes and integrates seamlessly with other SAP systems (e.g., SAP S/4HANA).
- Enables real-time visibility into procurement activities and supplier performance.
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