digital procurement transformation Archives - InsideSAP Asia https://insidesap.asia/tag/digital-procurement-transformation/ The independent resource for SAP professionals in Asia Tue, 14 Sep 2021 01:52:03 +0000 en-US hourly 1 https://insidesap.asia/wp-content/uploads/2020/01/cropped-InsideSAP-Asia-logo-SQUARE-32x32.png digital procurement transformation Archives - InsideSAP Asia https://insidesap.asia/tag/digital-procurement-transformation/ 32 32 SAP Ariba Guided Buying Enhances Betagro Group’s Process Efficiency https://insidesap.asia/sap-ariba-guided-buying-enhances-betagro-groups-process-efficiency/ https://insidesap.asia/sap-ariba-guided-buying-enhances-betagro-groups-process-efficiency/#respond Tue, 14 Sep 2021 00:15:00 +0000 https://insidesap.asia/?p=11632 The SAP Ariba Guided Buying capability within the SAP Ariba Buying solution helped Betagro Group — one of the leading agro-industrial and food corporations in Thailand — enhance process efficiencies, save costs through automation and standardisation, as well as improve collaboration with suppliers. This year, SAP Ariba has been awarded the Top Rated Award in […]

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The SAP Ariba Guided Buying capability within the SAP Ariba Buying solution helped Betagro Group — one of the leading agro-industrial and food corporations in Thailand — enhance process efficiencies, save costs through automation and standardisation, as well as improve collaboration with suppliers.

This year, SAP Ariba has been awarded the Top Rated Award in the Procurement Software category by TrustRadius. The recognition was given based entirely on more than 150 verified customer reviews. Clients that have optimised SAP Ariba solutions for their digital procurement transformation include major businesses such as Siam City Cement and Pruksa Real Estate. Reflecting on the significant uptake in terms of customer adoption, Atul Tuli, Managing Director of SAP Indochina, said:

“We are seeing an increasing demand from our customers for the automation of procurement processes and the consolidation of supply chain management. COVID-19 has underscored the urgent need for every company to become an intelligent enterprise and the most resilient companies were those that embraced technology to transform their business processes.”

Recently, SAP revealed that Betagro Group has extended its investment in SAP Ariba solutions to optimise spend management, efficiently manage potential disruptions, and further digitalise its end-to-end procurement processes. Procurement has evolved into a strategic function for Betagro Group, one that can drive value and provide the groundwork for the company’s future growth. In 2008, Betagro Group began transforming its operations in collaboration with SAP.

“Betagro’s renewed investment in SAP Ariba solutions will extend the benefits to its growing network of suppliers. By fostering stronger relationships with its business partners, Betagro can provide more value for its customers too,” the SAP Indochina MD added.

Betagro Group Leverages SAP Ariba Guided Buying

Betagro Group has been using SAP Ariba for sourcing, contracts, catalogs, supplier information management, and supplier collaboration for more than a decade now. As a result of the expenditure analysis insights, the company has made better sourcing decisions and discovered alternative sources of supply on a single network.

According to Dr. Thanomvong Taepaisitphongse, Chief Administrative Officer at Betagro Group, the company achieved more than 200 sourcing events with over 300 contracts created digitally through the SAP Ariba Network last year. The network is the largest business-to-business (B2B) marketplace that creates dynamic and virtual collaboration with millions of suppliers and other trading partners. Commenting on Betagro Group’s long-standing business relationship with SAP, he said:

“Successful adoption requires much more than technology. Strategic partnership is key to helping us holistically transform our business into an intelligent enterprise.”

Aside from providing Betagro users with a simplified buying experience for purchasing indirect goods and services in and out of the office, the SAP Ariba Guided Buying capability within the SAP Ariba Buying solution enabled the company to:

  • Allow employees to purchase what they need from the company’s approved suppliers on their mobile devices at agreed pricing and under corporate purchasing policy.
  • Better manage supplier collaboration and enhance efficiency with digital purchase orders and invoices.
  • Boost process efficiencies, reduce costs through automation and standardisation, and improve collaboration with suppliers.

Moreover, Betagro Group aims to further enhance the user experience for its employees and suppliers across Thailand, Cambodia, Lao PDR, and Myanmar by renewing the SAP Ariba Strategic Sourcing Suite and leveraging additional SAP Ariba solutions for Strategic Sourcing, Buying, Supplier Lifecycle and Performance, and Commerce Automation. Dr. Taepaisitphongse disclosed:

“Now that we have optimised our spend on indirect materials, we plan to utilise SAP Ariba solutions to help manage our spend on direct materials too. This will help Betagro optimise our inventory, raw material costs, and manufacturing efficiency.”

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Vestas completes rollout of SAP Ariba’s supplier lifecycle management solution https://insidesap.asia/vestas-completes-rollout-of-sap-aribas-supplier-lifecycle-management-solution/ https://insidesap.asia/vestas-completes-rollout-of-sap-aribas-supplier-lifecycle-management-solution/#respond Tue, 03 Nov 2020 02:26:17 +0000 https://insidesap.asia/?p=9841 This week, German software solutions provider SAP announced that more than 280 companies in the third quarter went live with SAP Ariba solutions to digitalize spend management and procurement. One of these companies is Vestas, a global leader in sustainable energy solutions. The company recently expanded its contract with SAP Ariba and completed the worldwide […]

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This week, German software solutions provider SAP announced that more than 280 companies in the third quarter went live with SAP Ariba solutions to digitalize spend management and procurement. One of these companies is Vestas, a global leader in sustainable energy solutions. The company recently expanded its contract with SAP Ariba and completed the worldwide rollout of SAP Ariba’s supplier lifecycle management solution, ‘SAP Ariba Supplier Lifecycle and Performance.’

The Danish company has several offices in the Asia Pacific, Europe, Africa, North America, and Latin America regions. It had its final go-live of the SAP Ariba Supplier Lifecycle and Performance solution in China according to a press release by SAP.

The rollout of the supplier lifecycle management solution builds upon the successful implementation of SAP Ariba solutions for sourcing, invoicing, contracting, and commerce automation at the company.

Enabling digital collaboration with supplier lifecycle management solutions from SAP

Vesta’s SAP Ariba partnership began in November 2019. The company wanted to transform its supplier collaboration process and chose SAP Ariba to support it on this digital procurement transformation and support its continued growth.

Through the development of a single cloud-based portal, Vestas digitalized its end-to-end procurement processes, fundamentally changing and strengthening supplier collaboration and engagement.

In a letter addressed to its suppliers, Keith Forsyth, Head of Global Procurement and Thomas Okke Frahm, SVP and CIO, Global IT at Vestas said that they believe moving to SAP Ariba not only benefits the company but also brings substantial benefits to all of its supplier partners. These benefits include:

  • accurate and timely payments
  • improved cost-efficiency with shorter processing time and reduced manual handling of orders and documents
  • real-time visibility to invoice payment status ensuring increased transparency throughout the transaction
  • easy and secure administration of suplier information
  • ensured compliance with contracted terms automatically applied in transactions.
  • improved opportunity for business growth with exposure to established buyers in the SAP Ariba Network

Additionally, by moving procurement onto one cloud-based platform for supplier onboarding and performance management, Vestas is further improving not just the experience of its network of more than 2,000 suppliers, but also that of its employees. SAP Ariba enables Vestas employees to:

  • manage their buying in SAP Ariba via catalogs or free-text, in compliance with the company’s procurement policies and processes
  • easily reach the right suppliers, allowing for closer collaboration with selected and contracted vendors and minimizing maverick spend
  • ensure compliance with policies, processes, and contracted terms automatically
  • increase supplier satisfaction

Furthermore, employees are equipped with an integrated supplier lifecycle management, from registration to qualification and throughout the supplier relationship.

About Vestas

Vestas is the energy industry’s global partner on sustainable energy solutions. The Danish company designs, manufactures, installs, and services wind turbines across the globe. With more than 117 GW of wind turbines in 81 countries, Vestas has installed more wind power than anyone else.

The company operates manufacturing plants in Denmark, Germany, The Netherlands, Taiwan, India, Italy, Romania, The United Kingdom, Spain, Sweden, Norway, Australia, China, Brazil, Poland and the United States, and employs more than 25,000 people globally.

About SAP Ariba

SAP Ariba is an SAP company based in Palo Alto, California, U.S. The software company provides procurement and supply chain collaboration solutions.

SAP Ariba connects customers to the largest B2B network, creating dynamic, digital collaboration with millions of suppliers and other trading partners all around the world.

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