Companies rethink direct materials supply chains with sap ariba
Palo alto, calif.--(business wire)--no company is an island. to make things go in today’s global economy, businesses need to work with thousands of suppliers, partners and customers across supply chains that have become increasingly complex. it’s a mind-blowing task. particularly when it comes to direct materials. but sap ariba is helping companies simplify it with the latest release of ariba® collaborative supply chain™, an innovative and intelligent collaboration platform that enables companies to connect with partners and manage all of their direct materials procurement activities in one place. and leading companies are embracing the offering to rethink their supply chains and open new possibilities. seeing clearly “direct materials supply chains are more complex than ever, spanning multiple geographies and tiers. and to effectively manage them requires two things: visibility and collaboration,” says alex atzberger, president, sap ariba. “ariba collaborative supply chain not only provides companies with a clear and real-time view into their supply chain, but enables them to collaborate on key planning and execution processes in new and innovative ways that transform their business and results.” running simple ariba collaborative supply chain provides a simple, smart and open way to drive an efficient digital supply chain, connecting all systems and stakeholders through a powerful global platform – the ariba network. with ariba collaborative supply chain, companies have a single, cloud-based solution embedded into their planning and execution systems, enabling them to seamlessly collaborate in real time with multiple tiers of trading partners across direct materials procurement. using the solution, companies can: accurately track and assess availability of supply quickly identify and respond to unplanned supply chain events to prevent disruptions to their business reduce excess inventory and costs from their supply chains “supply chain management is no longer simply a function, but a competitive differentiator, said vasee rayan, vice president, solutions management, ariba network. “recognizing this, leading companies are embracing innovative solutions like ariba supply chain collaboration that enable them to digitize their processes and collaborate without boundaries to gain market advantage.” ariba collaborative supply chain will be on full display at sap ariba live madrid, the premier business commerce conference to be held june 13-15 at the madrid marriott auditorium hotel and conference center. to register for this can’t-miss event and hear from companies who are using it, visit: www.aribalive.com. about sap ariba sap® ariba® is the marketplace for digital business, creating frictionless exchanges between millions of buyers and suppliers across the entire source-to-pay process. our market-leading solutions enable companies to simplify collaboration with their trading partners, make smarter business decisions and extend their collaborative business processes with an open technology platform. more than two million companies use sap ariba solutions to connect and collaborate around nearly one trillion in commerce on an annual basis. to learn more about the company’s offerings and the transformation they are driving, visit www.ariba.com about sap as market leader in enterprise application software, sap (nyse: sap) helps companies of all sizes and industries run better. from back office to boardroom, warehouse to storefront, desktop to mobile device – sap empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. sap applications and services enable approximately 300,000 customers to operate profitably, adapt continuously, and grow sustainably. for more information, visit www.sap.com. any statements contained in this document that are not historical facts are forward-looking statements as defined in the u.s. private securities litigation reform act of 1995. words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to sap are intended to identify such forward-looking statements. sap undertakes no obligation to publicly update or revise any forward-looking statements. all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. the factors that could affect sap's future financial results are discussed more fully in sap's filings with the u.s. securities and exchange commission ("sec"), including sap's most recent annual report on form 20-f filed with the sec. readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2016 sap se. all rights reserved.sap and other sap products and services mentioned herein as well as their respective logos 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