All this planning is normally done prior to beginning of the year. Finally, buyers sign a contract with the suppliers. The prices are agreed based on volume discount. Register those suppliers to comply with company quality, budget and pricing. Source the right vendor with the best quality and price.
Plan: Analyze based on past events and purchase requirements and decide what to put on internal catalog for employees to order. There are three main scenarios in supply chain management: Plan, Buy, Pay. Understanding Procurement Supply Chain Management Thus, with digital transformation, procurement has evolved from a cost-saving function within the organization to a more strategic relationship both internally and with suppliers. In fact, SAP Ariba is already delivering on it, connecting buyers and suppliers to a digital marketplace through which they can discover, connect, and collaborate better than ever before. Over the next 2 years, there will be a 40% growth in the adoption of business networks. With digital transformation, digital networks allow companies to do new things and to reimagine their business by adding new services. Currently, more than 80% of the purchase orders and invoices and other transactions still take place offline, involving lots of paper and people and inefficiency that causes missed sales opportunities and higher operating and supply chain costs, slower cash management and cash flows. Over the next few years, businesses will connect in the same way people have been connected on social networks. The key business drivers in this digital transformation are big data, social media, Internet of Things (IoT), mobile, omni-channel presence, better customer experience, performance management, risk management, globalization, new open standards and so on. The world is witnessing unprecedented pace of change. The world has migrated away from manual processes to technology-led business collaboration with minimal human involvement. “B2B companies that are digital leaders generate 8 percent more shareholder returns and revenue growth that is five times greater than the rest of the field” In this blog, I explained about the current trends in Procurement, Introduction to SAP Cloud Platform, why customers want to build extension applications using SAP Cloud Platform and what are the ways to extend SAP Ariba solutions using SAP Cloud Platform. After talking to lot of customers and partners at Ariba Live in Las Vegas and Amsterdam, and after understanding that there is a lot of interest among the community about how they can build extension applications on SAP Ariba using SAP CLoud Platform, I thought of writing this blog to explain – “How you can extend your SAP Ariba solutions and bring out more value using SAP Cloud Platform” 
Hope all of you are settled now after a great Ariba Live, Amsterdam.
0 kommentar(er)
