The document discusses collaborative sourcing and how it provides greater business value than traditional sourcing methods. It presents a collaborative sourcing framework that leverages spend analysis, sourcing, contract management, supplier information management, capabilities, technology, and community. This framework helps procurement professionals address their top pressures of cost reduction and innovation through strategies like collaboration.
Applying Procurement Best Practices to Travel & Entertainment ReportingSAP Ariba
Did you know travel and entertainment (T&E) costs are the second-most difficult operating expense line item for businesses to control? You can make more proactive decisions to better manage that spend and at the same time provide stakeholders with analytics that help drive policy decisions. In this session, Concur will also demonstrate how you can deliver insights to targeted personas and make sure you’re delivering the right information to the right stakeholder at the right time.
Collaborative Sourcing - Keys to Unlocking Greater ValueSAP Ariba
The document discusses collaborative sourcing as a key strategy for procurement professionals to reduce costs and unlock greater value. It outlines a collaborative sourcing framework that leverages spend analysis, strategic sourcing through networked supplier communities, contract management integration, and supplier performance management. This framework is enabled by collaborative sourcing technology and capabilities that connect buyers and suppliers through an online network.
Your customers are implementing a procurement solution. Learn how you can change beliefs, shift thinking, and drive conversations and change within your company. Help your company flourish by shifting from operationally focused e-commerce to customer-centric digital commerce. You'll also gain insights into how to prepare for the future and create a change organization. This session focuses on building an e-commerce strategy and team.
How to Craft a World-Class Commerce Program with Your SuppliersSAP Ariba
Learn how to design a winning commerce program that maximizes value. In this session we cover the critical success factors, discuss how to engage your suppliers and your internal organization, and explain how you can leverage SAP Ariba solutions to facilitate a strong partnership and improved outcomes on both sides of the equation.
Ariba Commerce Summit 2012: The Networked EconomySAP Ariba
Collaboration is absolutely essential for driving productivity and lifting financial performance in today’s ultra-competitive marketplace. Communicating more freely with customer, suppliers, and employees allows companies to draw on previously untapped capabilities to address existing challenges and spot new opportunities. Business networks have opened the door to this new way of collaborating and may be what differentiate the modern day competitor from competitors of the past. Learn how Ariba, the world’s business commerce network, is helping companies buy better, sell faster and leverage e-invoicing and dynamic discounting to manage their payments and receivables more strategically.
This document summarizes an intelligent connectivity platform that helps locate lost or stolen items using sensors, machine learning and mobile apps. It discusses problems with billions lost annually to theft of cars, pets and children. The solution uses sensors, aggregators and CRM integration with mobile visualization to help reunite owners with lost items. Funding milestones are provided through 2017 with goals of partnerships with large companies.
itSMF New Zealand 2014 Keynote: Rob England, "to protect and serve"Rob England
The motto "to protect and serve" is a good one for IT. There seems to be this expectation that IT exists only to create new IT in response to the demands of the business. It's not true.
The Finance department doesn't exist solely to find the money for whatever the business needs ("serve"). The Finance department also exists to look after the health and safety of the organisation's wealth ("protect"). Sometimes the Finance department will resist new initiatives simply because the organisation can't afford them. This then becomes a decision escalated to the Executive or the governors (the Board) to decide whether to proceed against the advice of the CFO.
In exactly the same way, the Information Technology department exists to protect the IT interests of the owners of the organisation whilst also serving IT's customers and users. The two don't always align.
Applying Procurement Best Practices to Travel & Entertainment ReportingSAP Ariba
Did you know travel and entertainment (T&E) costs are the second-most difficult operating expense line item for businesses to control? You can make more proactive decisions to better manage that spend and at the same time provide stakeholders with analytics that help drive policy decisions. In this session, Concur will also demonstrate how you can deliver insights to targeted personas and make sure you’re delivering the right information to the right stakeholder at the right time.
Collaborative Sourcing - Keys to Unlocking Greater ValueSAP Ariba
The document discusses collaborative sourcing as a key strategy for procurement professionals to reduce costs and unlock greater value. It outlines a collaborative sourcing framework that leverages spend analysis, strategic sourcing through networked supplier communities, contract management integration, and supplier performance management. This framework is enabled by collaborative sourcing technology and capabilities that connect buyers and suppliers through an online network.
Your customers are implementing a procurement solution. Learn how you can change beliefs, shift thinking, and drive conversations and change within your company. Help your company flourish by shifting from operationally focused e-commerce to customer-centric digital commerce. You'll also gain insights into how to prepare for the future and create a change organization. This session focuses on building an e-commerce strategy and team.
How to Craft a World-Class Commerce Program with Your SuppliersSAP Ariba
Learn how to design a winning commerce program that maximizes value. In this session we cover the critical success factors, discuss how to engage your suppliers and your internal organization, and explain how you can leverage SAP Ariba solutions to facilitate a strong partnership and improved outcomes on both sides of the equation.
Ariba Commerce Summit 2012: The Networked EconomySAP Ariba
Collaboration is absolutely essential for driving productivity and lifting financial performance in today’s ultra-competitive marketplace. Communicating more freely with customer, suppliers, and employees allows companies to draw on previously untapped capabilities to address existing challenges and spot new opportunities. Business networks have opened the door to this new way of collaborating and may be what differentiate the modern day competitor from competitors of the past. Learn how Ariba, the world’s business commerce network, is helping companies buy better, sell faster and leverage e-invoicing and dynamic discounting to manage their payments and receivables more strategically.
This document summarizes an intelligent connectivity platform that helps locate lost or stolen items using sensors, machine learning and mobile apps. It discusses problems with billions lost annually to theft of cars, pets and children. The solution uses sensors, aggregators and CRM integration with mobile visualization to help reunite owners with lost items. Funding milestones are provided through 2017 with goals of partnerships with large companies.
itSMF New Zealand 2014 Keynote: Rob England, "to protect and serve"Rob England
The motto "to protect and serve" is a good one for IT. There seems to be this expectation that IT exists only to create new IT in response to the demands of the business. It's not true.
The Finance department doesn't exist solely to find the money for whatever the business needs ("serve"). The Finance department also exists to look after the health and safety of the organisation's wealth ("protect"). Sometimes the Finance department will resist new initiatives simply because the organisation can't afford them. This then becomes a decision escalated to the Executive or the governors (the Board) to decide whether to proceed against the advice of the CFO.
In exactly the same way, the Information Technology department exists to protect the IT interests of the owners of the organisation whilst also serving IT's customers and users. The two don't always align.
The document discusses how collaborative business commerce and networked enterprises can provide benefits to both buyers and sellers. It describes how Ariba's business network allows for many-to-many connections between buyers and suppliers. The network provides capabilities like supplier enablement, order management, invoice processing, and analytics. For buyers, the network can provide benefits like 70% process cost savings and working capital impact. For suppliers, it provides benefits like improved visibility, reduced order-to-cash cycles, and increased revenue opportunities. Research is cited showing that networked enterprises are 50% more likely to achieve benefits like increased sales, market share, and margins.
Collaborative Sourcing: Achieving the Next Wave of Sourcing Savings SAP Ariba
The document discusses collaborative sourcing and achieving savings through visibility, analysis, process and collaboration. It describes a panel discussion on these topics between representatives from Ariba, Ardent Partners, BB&T, Coach and Ranbaxy Laboratories. The panelists discuss how gaining spend visibility, analyzing spend data, standardizing sourcing processes and collaborating across organizations and with suppliers can help unlock savings. BB&T and Coach provide examples of sourcing programs and savings achieved through these collaborative sourcing approaches.
Collaborative sourcing keys to unlocking greater valueSAP Ariba
The document discusses collaborative sourcing as a way for companies to unlock greater value. It notes that CEOs are focusing more on sourcing to reduce costs and drive profits. While cost savings is a top priority for procurement executives, collaboration is also key. The document outlines Ariba's collaborative sourcing framework and capabilities, including spend analysis, sourcing, contract management, and supplier management. It positions Ariba's technology and network as enabling improved collaboration between buyers and suppliers.
Demystifying the Cloud: Can Procurement Really Benefit? SAP Ariba
Michael Freker, Vice President of Global Enterprise Systems at McGraw-Hill, presented on how procurement at McGraw-Hill can benefit from cloud computing. The presentation explored what a "Commerce Cloud" means for procurement jobs, examined whether the cloud increases or reduces organizational control and impacts system standardization. Attendees were encouraged to attend to cut through confusion around cloud computing. The presentation also reviewed how McGraw-Hill currently uses Ariba's cloud-based procurement products and services and discussed challenges, lessons learned, and future plans.
Industry experts and practitioners will discuss how you can leverage the Ariba Commerce Cloud to manage cash better. What does this mean to you? Our panel of experts will explain strategies for complying with orders, contracts, vendors, country specific regulations around electronic invoicing, collaborating more effectively with suppliers, and optimizing working capital. Leave with actionable insights for leveraging the Ariba Network to make your money work better for you and your suppliers. The economy is recovering, are you ready?
The document discusses how networked collaboration between businesses through cloud computing, social media, mobile technologies is becoming a key competitive advantage. It notes that these technologies have transformed personal lives and businesses now want to use them to better collaborate with customers, suppliers, and partners. The benefits of this "networked enterprise" include increased sales, profits, market share and competitive leadership. Specific benefits highlighted for buyers include cost reductions while sellers see increased revenues and customer retention from collaborative business commerce platforms.
This document summarizes a presentation about converting from on-premise procurement systems to Ariba's cloud-based (OnDemand) system. It discusses options like staying on-premise, hybrid models, and full conversion. Case studies from Capital One, Union Bank, and a biotech company describe their experiences planning and implementing conversions from on-premise to OnDemand. The presentation emphasizes change management and training as keys to a successful implementation.
"Inflation Compensation: Using Procure-to-Pay to Increase Savings and Better...SAP Ariba
The document discusses how companies can use their procure-to-pay (P2P) processes to better manage costs and cash flow in times of rising inflation. It notes many companies are facing margin declines and increased raw material costs. Top performers in P2P achieve high compliance rates, visibility into actual savings, and collaboration with suppliers. The presentation recommends focusing on P2P initiatives to drive savings beyond basic cost reduction, improve processes and compliance, and leverage tools to increase visibility, collaboration and optimization of working capital.
This document discusses strategies for improving working capital management. It provides an overview of a webinar with speakers from Republic Services and Nalco discussing how they implemented Ariba solutions to automate invoice processing, capture discounts, and extend payment terms to reduce costs and better manage cash flow. Both companies saw significant productivity gains and reductions in days sales outstanding through the increased visibility and process efficiencies enabled by the Ariba Network and associated applications.
Top Ways to Build a Successful Supplier Management Initiative SAP Ariba
Jennifer Roberts, Sonoco, AribaLIVE 2011
Top Ways to Build a Successful Supplier Management Initiative
http://exchange.ariba.com/community/events/aribalive
From Silo to Synergy: How E-Invoicing Drives Value into a Larger Procure-to-P...SAP Ariba
Accounts Payable and Procurement are both critical links in the P2P value chain. Procurement negotiates the right rates from the right suppliers, while Accounts Payable is tasked with paying the right amount at the right time. But too often they are separated by both organizational and process silos, and neither knows what the other is doing.
As a result, companies lose millions in negotiated savings and opportunity costs each year because of operational inefficiencies and lack of visibility into the entire P2P process. In this session, you will learn how to align Procurement and Accounts Payable through an end-to-end, closed-loop source-to-settle process to achieve operational excellence and, in the process, transform Accounts Payable into a high-performing profit center.
Maximizing the value of your ERP - LondonSAP Ariba
You've invested heavily in an ERP's eProcurement capabilities, yet managed spend remains unacceptably low. Join this session to explore how today’s thought leaders have enhanced their current ERP systems to improve adoption, visibility, and compliance across traditional spend areas and complex services.
Sam Knox, CFO Magazine, AribaLIVE 2011.
Panel speaks out of order of slides, apologies for any confusion.
http://exchange.ariba.com/community/events/aribalive
Get Noticed: Making the Most of Ariba DiscoverySAP Ariba
The document discusses best practices for using the Ariba Discovery platform to buy and sell goods and services. It provides an overview of Ariba Discovery, highlighting its large global network and tools. Panelists from Coach, C&H Distributors, and American Express OPEN then discuss their experiences using Ariba Discovery and how it has benefited their organizations. The panelists provide tips and best practices for buyers and sellers to maximize results on the platform.
Sales Power Strategies: Keys to Thriving in the New Normal SAP Ariba
The document discusses strategies for sales teams to thrive in today's changing business environment. It outlines four levels of strategy - messaging, sales management, accounts/business units, and individuals. It emphasizes the importance of segmenting customers and tailoring selling strategies based on how different customer segments buy. Some key customer segments discussed are partner buyers, solution sponsors, competitive buyers, repetitive/commodity buyers. The document also addresses challenges such as longer sales cycles, increased competition, and the need for salespeople to provide strategic value rather than just taking orders.
Build or Buy? Different Paths to Achieving Long-term Sustainability and Indir...SAP Ariba
The document discusses two companies' approaches to improving their indirect procurement processes. SeaWorld Parks & Entertainment hired a Chief Procurement Officer and outsourced some functions to address challenges like a lack of spend visibility and control. They introduced a centralized procurement model. AGCO Corporation outsourced $180 million in spend management to a partner to deliver $20 million in annual savings over three years and improve processes across their acquired companies. Both made changes to gain efficiencies and cost savings.
Charting Your Path to Effective Contract Management SAP Ariba
The document discusses contract management best practices. It summarizes a presentation given at an Ariba conference, with multiple panelists from large companies discussing how they improved contract management processes at their organizations. Specific tactics discussed include streamlining approval processes, establishing service level agreements with legal teams, improving contract templates, and gradually gaining more autonomy over contract review and approval.
Driving Continuous Improvement & Value in Your Spend Management InitiativeSAP Ariba
A wise man once said Spend Management is a journey not a destination. Achieving sustained year-on-year benefits in your spend management initiative calls for a balancing act across multiple fronts – analytics, sourcing, contracts, suppliers and operational procurement. Your company may have achieved some early returns in sourcing savings or procurement compliance. But how do you keep the momentum going?
In this session, we will explore how a truly integrated source-to-settle process offers a tremendous ROI, with spend analysis driving effective sourcing, well-managed suppliers, and contracts compliantly purchased off of. You’ll learn how a successful journey begins with the vision and a solid business case, and continues through effective deployment of technology and the necessary process change management.
Xtreme Collaborative Business Commerce Strategies SAP Ariba
This document discusses best practices for executing complex services and goods procurement using collaborative business commerce strategies. It provides an overview of how services procurement differs from goods procurement in areas like spend profile and challenges. It recommends approaches for enabling spend on complex goods and services using tools in Ariba's commerce cloud like contracts, punchout sites, and custom workflow rules. Case studies from SunTrust and HP demonstrate how these approaches were used to manage complex goods and services procurement.
WINC. Australia and New Zealand: Collaborating with Direct Spend Suppliers - ...SAP Ariba
As enterprises evolve from bricks to clicks, it becomes essential to integrate to and collaborate with suppliers on key planning and execution processes to obtain instant supply chain visibility and to help ensure uninterrupted delivery to end customers. Come join this session to hear how WINC. Australia and New Zealand has engaged suppliers to collaborate on ordering, fulfillment, and invoicing processes. Learn about the technical details of how to make this happen.
Using E-Commerce to Integrate Your Collaborative Business Transactions - SID ...SAP Ariba
Leading suppliers are using B2B e-commerce to automate business collaboration and coordinate with customers. E-commerce enables suppliers to reduce costs associated with manual keying of documents; increase customer satisfaction with faster, more-accurate response rates to purchase orders; and achieve cleaner, more-accurate invoices. Hear this panel of leading suppliers discuss how suppliers can leverage the various transactional and integration options available on Ariba Network.
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The document discusses how networked collaboration between businesses through cloud computing, social media, mobile technologies is becoming a key competitive advantage. It notes that these technologies have transformed personal lives and businesses now want to use them to better collaborate with customers, suppliers, and partners. The benefits of this "networked enterprise" include increased sales, profits, market share and competitive leadership. Specific benefits highlighted for buyers include cost reductions while sellers see increased revenues and customer retention from collaborative business commerce platforms.
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Accounts Payable and Procurement are both critical links in the P2P value chain. Procurement negotiates the right rates from the right suppliers, while Accounts Payable is tasked with paying the right amount at the right time. But too often they are separated by both organizational and process silos, and neither knows what the other is doing.
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Panel speaks out of order of slides, apologies for any confusion.
http://exchange.ariba.com/community/events/aribalive
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Sales Power Strategies: Keys to Thriving in the New Normal SAP Ariba
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A wise man once said Spend Management is a journey not a destination. Achieving sustained year-on-year benefits in your spend management initiative calls for a balancing act across multiple fronts – analytics, sourcing, contracts, suppliers and operational procurement. Your company may have achieved some early returns in sourcing savings or procurement compliance. But how do you keep the momentum going?
In this session, we will explore how a truly integrated source-to-settle process offers a tremendous ROI, with spend analysis driving effective sourcing, well-managed suppliers, and contracts compliantly purchased off of. You’ll learn how a successful journey begins with the vision and a solid business case, and continues through effective deployment of technology and the necessary process change management.
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Workshops have a different format from that used for traditional theater-style breakout sessions. They offer more intimate, team-style environments with hands-on and group activities. In order to provide the best possible experience, we limit these sessions to 50 attendees. The first 50 people who schedule a workshop session in the agenda builder will be registered to attend. There will be a waitlist for those who sign up after the initial 50. Please plan to arrive 10 minutes before the scheduled start time in order to check in. Those who have not checked in by the start time will forfeit their seats, and waitlisted attendees will be allowed to take any open slots."
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Editor's Notes
Welcome and introductionOpen to other ideas here, but I planned to open by polling the audience, for the buyers in the audience, by a show of hands…“How many sellers in the audience use linkedin in some fashion to identify or network with potential buyers”?“Now the same question to the buyers in the group…how many of you use linkedin in your buying efforts in some way”?In looking at the strategic sourcing and “what’s next”, we at Ariba have worked extensively with Ardent Partners, a fast growing independent research and consulting group. Ardent points to 3 key requirements for any company interested in better managing their sourcing function: 1) You must have broad and deep visibility into your spend with the ability to take action on the information this spend provides to build sourcing pipelines, better monitor compliance, and so on.2) Processes must be reviewed and improved for greater efficiency and effectiveness in the sourcing process, and3) Improved collaboration is a must. The rate of innovation in business today is unrivaled in any time in history. The reality is that innovation is taking place outside of your company’s four walls – in within your supply base. You must be able to harness this innovation to build and maintain competitive advantages. It isn’t just about savings anymore. CPOs are realizing this…we’ll talk about that in a few minutes…
But in discussing collaboration, we have to understand that social media users have surpassed email users and by a growing margin. It’s not that people are communicating less and that is why email usage is declining - they are actually communicating more but just through an increasing amount of channels. So the era of email isn’t over per se, it’s just evolving as all communication channels have throughout history. The digital landscape just makes those changes happen a lot more quickly, and distinct communication channels will become blurred.We must keep this in mind in our daily jobs especially with younger workers coming into the workforce. The opportunities to consume information are growing which is good and bad. We must consider the best ways to find the useful information.
So let’s talk more about collaborative sourcing and the collaborative sourcing framework. As we discussed earlier, it is important to remember that while technology can absolutely enable collaboration (think facebook, twitter, google+, etc.), although we’ll start with technology, a collaborative sourcing framework goes far beyond software.That said, collaborative – or strategic – sourcing usually include some version of four distinct areas:Spend analysis to aggegrate, classify, and enrich, and analyze spend for strategic sourcing decision-makingSourcing ranging from simple rfx’s to auction tools to potentially complex configuration and optimization toolsContract management to assure the terms agreed to during the sourcing process are recorded and observed in requisitioning and invoicing,and Supplier management encompassing both information management – gathering info on the supply bases – as well as performance management – to monitor and track how your suppliers are performing and take resulting and/or corrective action.
Spend analysis success requires looking beyond the tip of the iceberg. Spend analysis or spend visibility programs have been around for over 10 years now. PPG was at the forefront of the discipline having reduced their supply based by 90% and taking out 10% of their overall costs, remains an Ariba Spend Visibility customer today. However, companies looking to invest in spend analysis program today need to look beyond the traditional scope limited to commodity classifications – or “what” you are buying from “whom”. While always important, spend analysis today offers much more.Supplier Enrichment: (cite Reed Elsevier)Negotiation leverage Financial health & risk ratings Diversity & sustainability Market IntelligencePrice & industry indices Online communities Peer benchmarkingSpend Management integration (Nalco and others)Additional source dataBudget & forecast data Balance of trade Additional invoicing details
Sourcing extends beyond just automating RFQ’s and quotes. eSourcing has been in existence for more than 15 years and companies like Tata Motors, British Airways, have executed thousands of sourcing projects addressing billions of dollars in spend driving more than $200M in negotiated savings to the bottom line with reduction in transaction costs by 40%.However companies looking to tackle “Complex categories” beyond the “low hanging fruits” need to incorporate a Category management approach using collaborative tools paired with ready access to a networked community, decision support tools, knowledge management/ best practices and real-time market intelligence to drive optimal decisions pivoted against Price, Performance and Risk. In addition many organizations likeAs such an effective Sourcing solution offers: Achieve Sustainable Savings – Results and Enablement (Tata Motors, BA, Emerson) Seamless access to global suppliers to help drive savings (Winn-Dixie, Tupperware and OSU Medical center) Total Information Visibility (HP, BP) Performance Measurement (Sonoco, Pentair) Improved Collaboration and Risk Mitigation (BP, GD)
Effective contract management is obviously a need for both the buy and sell-sides. For procurement, after sourcing more effectively, the next logical place to examine to assure the negotiated savings hit the bottom line is effective contract management. Sales meanwhile, needs to focus on any area of the sales cycle that can be more efficient to speed deal closure. For sales people, only bad things can happen during contract negotiation. Increasing collaboration and transparency in the cycle helps make sure the right people are engaged at the right time.Regardless of whether procurement or sales though, when viewing the business case and potential value for automating the contracting process, the process must be viewed holistically. While it is true, contract management automation delivers value through reduced administrative costs, improved visibility and other benefits, the real value in procurement contracting comes from an integrated process that considers and enforces contract terms during requisitioning and invoicing. One the sales side, Ariba and salesforce.com recently enlisted the help of IACCM – the leading contract management trade association for contracting professionals – to research the challenges of sales contracting and potential value of automation. The results were astounding. The results of a survey showed that those who had integrated their sales contracting process with their sales automation tools showed across the board improvement in areas like opportunity management, process management, fulfillment and renewals. Ariba customer Community Health Systems reduced their sales contracting times by 43%. Others have improved their renewal management by 25%. And IACCM research shows a potential revenue impact ranging from 5% to 7%.
Supplier Management:1) In today’s economy, it isn’t a question of if your suppliers may be at risk of failing. It’s a matter of which suppliers will fail and when? 2) According to industry reports, business bankruptcies were up 75% in 2008. And they are expected to increase another 35% this year. 3) This creates risk for the CPO, the CFO and even the CEO. If a key supplier fails, a major link in the supply chain is broken which could lead to delayed shipments or total production shut downs. This obviously impacts costs and revenues.4) Having information on supplier financial viability and operational performance is critical to assessing exposure to risk, but it won’t give you a full picture of supply chain risk and isn’t enough to help companies mitigate potentially negative effects on their business.5) What’s needed is a 360° view of a supplier’s health, details on underlying supply market risks, and an efficient process for acting upon this intelligence and monitoring and managing performance and risk on an ongoing basis. 6) In order to effectively manage supply risk, companies must have tools to: • Analyze the financial health and stability of suppliers using detailed financial information and third-party risk profiles (Pentair)• Create detailed supplier scorecards and risk profiles to determine category and industry threats (HP, Sonoco Products)• Examine commodity and underlying supply market trends to discern potential impact of supply constraints and price fluctuations across your top- and sub-tier supply chains (BP)• Investigate the stability of raw material supply and possible effects of trends such as market consolidation and capacity constraints• Quickly discover, assess, and on board new supply partners, ensure their information is accurate and up-to-date, and continually measure and improve their performance.And none of this can be done with software alone. It takes a combination of technology, category knowledge, market expertise and services. And that’s exactly what many companies like HP, Pentair and Sonoco Products have done to continuously monitor and mitigate supplier risk.
After technology, the second pillar of the collaborative sourcing framework that we want to discuss is capabilities. I think we would all agree that none of our organizations have ALL they knowledge need across all disciplines of the organization. Where needed, this in-house expertise must be augmented.
When considering how you can better manage your sourcing – or any other commerce strategy – think about the areas where you may require this assistance to be successful. These capabilities can range from:Business Commerce Enablement Services to help you determine where your existing areas for opportunity lie as well as how to build an optimal business case that sets you up for success. Best Practices can range from everything from deployment, to change management, to ongoing usage. Learn from the experts and, most important, do so with the flexibility you need. After all, the degree to which you may need these capabilities varies over time. An “always on, on-demand” model gives you the piece of mind to know help is a phone call away. And lots of other opportunities exist as well. Training and support for example assure you get your team trained and question answered in a timely fashion.Technology won’t solve all your problems. The people in your organization will.
Finally, let’s briefly discuss the role that a larger ‘community’ plays in the collaborative sourcing framework.Going back to our discussion about social, the outlets that exist to learn from and share with others is unrivaled at this point in time. Some of these outlets – like Ariba Exchange – exist within the Ariba community. We manage others like many of the LinkedIn groups you may subscribe to. And many others are outside of the Ariba ecosystem. The point is, knowledge is power and to collaborate more effectively, you need this knowledge at your fingertips.“The love you give is equal to the love you take”
We at Ariba, attempt to share this information we have in many outlets – twitter, facebook, and Ariba Exchange