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Revolutionizing The Supply Chain Management System with SAP Ariba

Author: Nishigandha Chandan
by Nishigandha Chandan
Posted: Aug 05, 2022

What is SAP Ariba?

SAP Ariba is a cloud-based platform that connects suppliers and buyers worldwide by providing procurement solutions, cost management and supply chain services in a single platform. This gives transparency to businesses and a better picture of spending.

We instantly create value with SAP Ariba’s electronic purchasing and supply chain solutions that will let you manage an efficient end-to-end purchasing process, achieving significant savings and keeping a healthy supply chain.

SAP Ariba solutions include Supplier Management, Strategic Sourcing, Supply Chain Management, Purchasing Control and Invoicing and Payment Monitoring, with a friendly interface that improves shopping experience.

What is the supply chain?

Do you know what sap supply chain is? In short, it is the entire process that surrounds the product, from the purchase and manufacture of raw materials to the final resolution, that is, the delivery of this item to the customer.

Also called Supply Chain in the market, the development of the supply chain includes the creation of the bar code, as well as the storage and transportation of goods.

Therefore, it is essential to ensure customer satisfaction to generate more sales for your company. The more information about the supply chain your team, whether theoretical or practical, the possibilities of taking advantage of your business grow exponentially.

Types of supply chains

There are 4 types of supply chains most used in the market. They are the following:

l Flexible model: in this format, speedy delivery to the end customer is the main objective;

l Agile : be attentive to demands that are difficult to predict and act with maximum efficiency, in the shortest possible time;

l Raw format: Savings is the goal, so evaluating the best scale at low cost is the mission;

l Continuous Replenishment – Creating a bond and increasing customer loyalty is the main motto.

What are the benefits for the suppliers?

The use of the SAP Ariba Network will also generate added value for the suppliers. We see the following advantages:

l Reduction of administrative costs for postage, printing and mailing

l Online overview of the status of your orders

l Traceability of the posting and payment dates of the invoices

l Increased billing accuracy and fewer billing discrepancies

l Access to the largest business commerce network in the world

Manage your supply chain with the Datamined solution

To accurately manage your supply chain, there is nothing better than having the help of an expert in the field. Descartes ' Datamined solution is a Big Data tool for international trade that brings together trade transactions from more than 80 countries in a single interface. The platform is simple, intuitive, and provides actionable intelligence for market research, sales insight, supply chain management, security improvement, and competitive strategy. To find out more, talk to one of our specialists

Prepare for a cloud-based future with SAP Ariba

In the past, procurement was more about the goods and services you need to run your business than building your business and building lasting business relationships. Today, in the digital age, companies are focused on streamlining spend management and supply chain processes. Because these are the decisive factors when it comes to achieving higher profit margins and strengthening competitiveness in the market.

What does SAP Ariba offer?

SAP Ariba is a cloud-based platform for procurement, intelligent spend management, and supply chain services, regardless of industry. The solution includes strategic modules that enable companies to streamline their procurement and spend processes, identify savings potential and build a stable supply chain in a single source of information - from supplier management and spend analysis to purchasing and contracting. Users also become part of the largest B2B network where they can collaborate with millions of suppliers and partners and conduct virtual transactions.

SAP Ariba is aimed at large and medium-sized companies that want to digitize their purchasing and procurement processes from supplier selection to contract conclusion. SAP Ariba Snap is the right extension of the Ariba portfolio for small and medium-sized companies.

If You Are Interested to Start Career in SAP Ariba

Contact us on: 0091 9822001502

Visit Website: https://bit.ly/3botFle

Email us on: info@aribaonlinetraining.com

About the Author

We provides Sap Ariba Online Training to the students and the business professional.

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Author: Nishigandha Chandan

Nishigandha Chandan

Member since: Apr 10, 2022
Published articles: 13

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