supplier lifecycle management Archives - InsideSAP Asia https://insidesap.asia/tag/supplier-lifecycle-management/ The independent resource for SAP professionals in Asia Thu, 26 Nov 2020 00:40:05 +0000 en-US hourly 1 https://insidesap.asia/wp-content/uploads/2020/01/cropped-InsideSAP-Asia-logo-SQUARE-32x32.png supplier lifecycle management Archives - InsideSAP Asia https://insidesap.asia/tag/supplier-lifecycle-management/ 32 32 Procurement Digital Transformation with SAP: A look at Siam City Cement Company https://insidesap.asia/procurement-digital-transformation-with-sap-a-look-at-siam-city-cement-company/ https://insidesap.asia/procurement-digital-transformation-with-sap-a-look-at-siam-city-cement-company/#respond Thu, 26 Nov 2020 00:40:03 +0000 https://insidesap.asia/?p=9984 SAP announces Siam City Cement Company Limited (SCCC)—the second-largest cement producer in Thailand—has renewed its contract with SAP Ariba for its procurement digital transformation strategies. SCCC Head of Group Procurement Benjamin Goodwin comments: “Our recent renewal of SAP Ariba solutions is a result of the successful partnership cultivated over the years, which set us up to achieve […]

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SAP announces Siam City Cement Company Limited (SCCC)—the second-largest cement producer in Thailand—has renewed its contract with SAP Ariba for its procurement digital transformation strategies.

SCCC Head of Group Procurement Benjamin Goodwin comments:

“Our recent renewal of SAP Ariba solutions is a result of the successful partnership cultivated over the years, which set us up to achieve process efficiencies and cost savings from automation, standardization and improved collaboration with suppliers. We look forward to continuing our journey with SAP.”

As part of the renewal, SCCC plans to implement the SAP Ariba Strategic Sourcing Suite and the SAP Ariba Supplier Lifecycle and Performance solutions. According to SAP, these solutions will enable the cement company to take advantage of the latest SAP innovations and further improve its procurement operations.

Digital Transformation Journey with SAP

As an innovative supplier of cement products, services, and solutions, SCCC has been supporting Thailand’s development for more than 50 years. The company produces 12 million tons of cement annually, according to its deputy CFO, Pawinee Ariyamongkolchai.

SCC is also currently in the process of expanding its regional network operations to Cambodia, Bangladesh, Vietnam, and Sri Lanka.

In order to facilitate this expansion, serve customers better, and deliver its promise of providing quality products and services, SCCC needs to be quick to adapt and respond to emerging market trends and challenges. For SCCC, this means building a reliable and scalable foundation for the future.

SCCC’s partnership with SAP began in 2016 when it selected SAP Ariba solutions to streamline the following business processes:

  • sourcing
  • contracts management
  • catalogs management
  • supplier information management
  • supplier collaboration

According to SCCC, following the two-phase procurement digital transformation program with SAP Ariba solutions, within two years the company has had over 80{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of its transactions digitalized. With SAP Ariba Sourcing, SCCC gained better transparency. The SAP solution allowed the company to accelerate the automation of its sourcing and contract management processes.

Now, with the newest SAP Ariba updates that include language localization to support Thai language, communicating and transacting over SAP Ariba Network will be even easier for SCCC buyers and suppliers—helping drive adoption and increasing value to buyers and suppliers alike.

Gareth Bowen, SAP Ariba and SAP Fieldglass Southeast Asia regional vice president, said:

“As the first procurement transformation enabled by SAP Ariba solutions in Thailand, Siam City Cement Co. has set a new benchmark for the region. Centralizing and standardizing procurement in the cloud has already helped the company achieve efficiencies not possible without digitalization. SCCC’s renewed investment in SAP Ariba solutions will extend the benefits to its growing network of suppliers, especially those who were asking for a localized user experience.”

SCCC also plans to implement the following process enhancements with the upgraded SAP Ariba solutions:

  • digitalize post–purchase order processes including invoice automation and remittance visibility
  • further automate its end-to-end source-to-pay process on one cloud-based platform for efficiency gains and improved customer and employee experience

In addition to SAP Ariba solutions, SCCC also utilizes SAP S/4HANA for Finance to help it understand customer data better and be able to keep up with customer demand, as well as drive significant cost savings.

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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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