SAP’s strategy to further integrate SAP Ariba into the DNA of SAP Procurement is getting positive reviews from analysts and customers.
For more information, be sure to check out our primer on the subject: What is SAP Ariba? How to Take Advantage of These New Solutions More than 1 trillion dollars in goods and services are traded every year on the digital marketplace. SAP Ariba allows suppliers to connect with customers and grow their existing relationships while buyers can manage the entire purchasing process-all while controlling spend, finding new savings, and improving the supply chain. Through the Ariba Network, buyers and suppliers from more than 3.1 million businesses in more than 190 countries are able to discover new opportunities, collaborate on transactions, and grow their relationships. In 2012, Ariba was acquired by SAP and became known as SAP Ariba. How SAP Ariba Got HereĪ procurement and supply chain collaboration solution that helps companies spend better, Ariba was founded in 1996 with a mission to build a solution to help companies manage their spend. The dashboard for the SAP Business Network is currently available, and the integration of the three component networks will follow later this year. SAP estimates more than 5.5 million organizations will benefit from being members of this connected community. While the network isn’t technically “new,” it should bring a fresh burst of energy to SAP’s push into sustainability and its RISE with SAP cloud-migration service. It’s described as a tool that can help customers through this digitally transformed world, and at the core of this new network is SAP Ariba Network for procurement, along with SAP Logistics Business Network for logistics and supply chain management and SAP Asset Intelligence Network for asset performance management and equipment tracking. The biggest news that came out of Sapphire was the announcement of the SAP Business Network. This article covers the exciting changes coming and how they will set up your business for the future. One of the most significant changes for customers will be the transformation of SAP Ariba. Our new vision will build the world’s largest business community, enabling customers to easily connect with companies across supply chains and creating networked economies across industries.
In a press statement, SAP’s CEO Christian Klein said:ĭuring this unprecedented year, the importance of the communities we’re part of has never been clearer. These COVID-19 lessons have led SAP to focus on building an intelligent enterprise center, stronger business networks, and sustainability. While the ongoing pandemic has exposed the fragility of global supply chains, it’s also proved that remote work and eCommerce are the future. In June, SAP wrapped up its second virtual SAPPHIRE Now conference with lots of momentum.
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