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5000 developers are working on product enhancements and extensions to the SAP spend management suite. At SAP Spend Connect Live, held October 14-16 in Las Vegas, SAP did make several significant product announcements. Spend Management Takeaways SAP continues to invest in using generative AI to improve the user experience.
Background Most of the clients that I am working with are working on two large supply chain initiatives: Implementation of SAP RISE and Compliance with the EU Digital Product Passport initiative. The data outcome is open source and can be used to improve project outcomes. Better supply chain planning is integral to success in both.
This week, SAP announced the intention to build business communities to drive improved outcomes. ” The focus is on combining the Ariba Networks, the SAP Logistics Business Network, and the SAP Asset Intelligence Network. SAP’s argument is that the solution benefits 5.5 I say, “About time.”
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability.
Driving decarbonization with technology In 2023, the SAP CPO Think Tank community has been closely examining how companies can accelerate supply chain decarbonization. This blog highlights key strategies from these recent forums on sustainable procurement and practical tips to achieve impactful results. How can technology help?
. “At the Digital Supply Chain event at SAP. ” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. The research is generated by SAP. ” My question is, “What is a digitally mature company?
In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. What SAP is doing is great!
The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. I attended the SAP Spend Connect Live conference in Vienna, Austria a couple weeks ago. This user conference focused on SAP’s spend management and business network solutions.
The SAP staff observes, “The top supply chain optimization priorities havent really changed for decades, even centuries: Make sure customers are happy, increase efficiency and profitability, and balance supply and demand.”[2] ” Sourcing optimization. ” SAP Explainer, 19 August 2024. [3]
There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. What does an investment in SAP mean for a company? SAP means many different things for different people. How do you balance the trade-offs between source, make and deliver?
Industry analyst and Supply Chain Matters founder Bob Ferrari provides observations and insights garnered from the SAP Sapphire customer conference held in May. SAP ’s goal of several years ago related to growing revenues and profitability has shown positive momentum.
Employees Cannot Get to the Right Data at the Speed of Business A war is raging between Oracle, Salesforce and SAP to automate supply chains. Supply chain was defined in 1982 as interoperability between source, make and deliver. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh.
Does anyone really think that the Oracle SCP solution is stronger than SAP’s? For example, those that actively read my blog, know that I frequently take issue with SAP, but seldom with Oracle. Don’t run a selection process through procurement or finance. Source: Horse for Courses definition Oxford Dictionary
We’ve found our customers are urgently seeking ways to better plan around supply chain demand volatility and improve how they source materials and products from suppliers. Supply chains will get more regional and focus more on alternate sourcing/ substitution options.
Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.
acquired by SAP). LeanDNA is a cloud-based supply chain execution platform that helps discrete manufacturers digitally transform their procurement operations. The company centralizes data from multiple sources to manage inventory, simplify change management, and improve data quality.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. JFC leverages only best-in-class processes and technologies, with its full operational procurement system used over the years to support its rapidly growing store network in the Philippines.
At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.
Think of it as a single source of truth for everything from production planning and inventory management to financials, supply chain, and even the shop floor. Its a game-changer for businesses looking to streamline their operations, gain real-time visibility, and boost overall efficiency.
SAP AG (NYSE: SAP) and Ariba, Inc. Nasdaq: ARBA) today announced that SAP’s subsidiary, SAP America, Inc., With the addition of Ariba, SAP will acquire the leader in cloud-based collaborative business commerce. per share, representing an enterprise value of approximately $4.3 Business Network to Drive Growth.
However, companies like JDA, Logility, Oracle and SAP are hamstrung by software maintenance upgrades, promises to customers and evolution. One of the largest blights in the market is the SAP evolution of APO and the lack of clarity of the roadmap. Today, the client-server technology vendors are moving to cloud-based deployments.
The technology group wanted to implement SAP IBP, and the business leaders were resistant. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. Successful network design strategies are holistic crossing the boundaries of source, make and deliver.
It’s also a big reason why SAP and Descartes formally announced their partnership this morning focused on TMS connectivity (attendees of Descartes’ user conference last month were given a sneak peak of this announcement). Where to Find Supply Chain Innovation (Source: Adelante SCM). Where to Find Supply Chain Innovation.
I am speaking to companies that are being held hostage to SAP HANA upgrades with 70% cost overruns and 60% time schedule expansion. Similarly, SAP Ariba frustration is mounting in the market. Yet, the IT team is still mandating SAP standardization. For many, mandating SAP is job security for the IT implementation team.
My first digital supply chain presentation was in Milan at an SAP Insider conference in 2012.) The primary investments are in networks of limited capabilities based on EDI, and indirect procurement spend management. (Our research shows that the projects failed to deliver value in 75% of companies.)
Last week enterprise ERP and SCM software and technology platform provider SAP SE made what the provider declared as a significant and groundbreaking announcement. In the spiffy video event premiering this new capability, SAP CEO Christien Klein explained: SAP Business Data Cloud unleashes the full value of enterprise data for Business AI.
The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. SAPSAP showed off Joule, its generative AI assistant. And if they are not, the retailer can look at alternative sources that aligns to their goals. The first was around inventory management.
Whereas many of their competitors’ source from wholesalers like McLane or Core-Mark, Casey’s supplies their stores with groceries, food, health and beauty aids, and general merchandise from the distribution centers (DCs). In the past year, the company has also launched a centralized procurement team. Williams explained.
These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. In this shift, the legacy SAP Business Warehouse (BW) implementation are especially problematic. Figure 1 is a picture from a client.
They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. I’m trying to get ahead of that.
Today I attended the SAP Insider Conference. SAP S4/HANA delivers on the goal of digital transformation. I yearn for the years when the SAP Insider conference was larger and full of energy. The attendees are hard-core SAP teams trying to figure out the new architecture. This should worry SAP. The answer?
Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Fortunately, the report shows that procurement is putting actions behind words.
Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?
Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Operational Procurement.
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. The first company to use the term ERP commercially was SAP, which was founded in 1972 by five former German employees of IBM after the IT giant had abandoned their pet project.
Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.
At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.
Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. No details were provided, but clearly SAP and its customer base will play an important role in defining the roadmap.
EDI is too cumbersome, and SAP Ariba’s focus, despite the marketing hype, is primarily on managing indirect spending. (My The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. There is hope.
In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. At the time, the company started internal discussions on re-footprinting the organization and deploying SAP across manufacturing centers.
The ends of the supply chain–both in customer and procurement– are fragile. They would ask how social can impact their supply chain source, make and deliver processes. It believe that it will become part of the existing processes of order-to-cash and procure-to-pay. Total charges were $46 million with a $.09
Leader in procurement technology expands its team appointing Pascal dArc as new Chief Strategy Officer RESEARCH TRIANGLE, NC, April 3rd, 2025 JAGGAER, a global leader in Source-to-Pay and Supplier Collaboration, today announces the appointment of Pascal dArc to Chief Strategy Officer.
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.
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