German software giant SAP has recorded key customer wins in 2021 across its solutions portfolio including those organisations that went live on SAP Ariba and SAP Fieldglass to achieve a resilient and sustainable supply chain procurement process.
In a recent SAP research in partnership with PR and communications market research firm Regina Corso Consulting, it was revealed that 90{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of supply chain professionals agreed that procurement plays a critical role in overcoming supply chain and sustainability challenges such as improving supply chain transparency, enhancing supplier relations and supplier diversification, enhancing payment terms for better liquidity, and reskilling talents. Etosha Thurman, Chief Marketing and Solutions Officer, Intelligent Spend and Business Network at SAP stated that supply chain disruptions have been immensely compounded due to ongoing shortages and delays caused by the pandemic. She stressed:
“To navigate these unpredictable circumstances, supply chain leaders must strategically leverage procurement to effectively manage supplier relationships, mitigate customer frustrations, control costs and ensure business resiliency.”
Companies Advancing Supply Chain Procurement Process
During the latter half of 2021, hundreds of organisations from various industries across regions spanning Asia, North America, and EMEA have adopted and /or renewed SAP Ariba and SAP Fieldglass solutions to modernise their supply chain procurement process as well as their external workforce management. In the Gartner 2021 “Magic Quadrant for Procure-to-Pay Suites” report, SAP was named a Leader, for the sixth consecutive time, following an evaluation of SAP Ariba and SAP Fieldglass solutions’ “Ability to Execute” and “Completeness of Vision.”
Here are some of the SAP customers that have rolled out SAP Ariba and SAP Fieldglass solutions for supply chain procurement management in the second half of 2021:
Genting Malaysia Berhad, Genting Group subsidiary, has implemented SAP Ariba Sourcing, SAP Ariba Supplier Info, Performance Management, SAP Ariba Commerce Automation, SAP Ariba Contract Management, and SAP Signature Management by DocuSign to enhance business processes as well as upskill employees within the supply chain to provide value-added services.
HP Inc., a multinational technology company known for personal computers, printers, and 3D printing solutions, has collaborated with SAP to deploy SAP Integrated Business Planning for Supply Chain applications, SAP Ariba solutions for supply chain, and SAP Fieldglass solutions for external workforce management.
Hunya Foods, a Taiwan-based manufacturer and distributor of chocolates and cookies, tapped the enterprise software company to create a new procurement platform powered by SAP Ariba solutions to drive operational efficiency. The company aims to modernise its procurement process, including decision-making and overall planning, through a platform that can record supplier information and transactions.
R. Twining & Co., a UK-based iconic tea brand, has embarked on a supply chain transformation project leveraging RISE with SAP on Microsoft Azure, SAP Business Technology Platform, and, SAP Ariba solutions for digital procurement.
Siemens Energy AG, a global energy company headquartered in Munich, Germany, has implemented SAP Ariba solutions to automate the company’s procurement operations.
Shining Investment, a Chinese company that advocates clean energy and environmental protection, implemented several SAP applications to accelerate digitalistion. Shining Investment subscribed to RISE with SAP for a scalable, cloud-based digital core, SAP Ariba solutions, and the SAP Analytics Cloud solution for intelligent spend management and data-oriented decision-making, respectively.
Zijin Mining, a leading gold mining Chinese company, has chosen SAP Ariba solutions to back its growing global business with a focus on improving procurement processes and group governance.
“A full two years into the pandemic, business leaders understand from experience that collaborative, agile procurement operations are needed to keep up with customer demands,” said Thurman. “No one can escape supply chain disruption and the cascading consequences across industries and regions, so having visibility is crucial in managing supply shortages. Our customers continue to adopt our spend management solutions to help gain a competitive advantage by managing complexity, improving supplier relationships, and ensuring supply chain reliability.”