1 / 2

Sourcing in SAP Ariba

Key steps in Sap Ariba sourcing

Pooja208
Download Presentation

Sourcing in SAP Ariba

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sourcing in SAP Ariba SAP Ariba is a cloud-based procurement solution that helps organizations streamline their procurement processes. Sourcing in SAP Ariba refers to the strategic procurement activities involved in identifying, evaluating, and selecting suppliers for goods and services. Here are the key steps involved in sourcing within SAP Ariba: ● Event Creation: Start by creating a sourcing event in SAP Ariba. Depending on your procurement needs, this could be a Request for Information (RFI), a Request for Proposal (RFP), or an auction. ● Define Requirements: Clearly define your sourcing requirements, specifications, and criteria for supplier selection. This may include product specifications, delivery timelines, quality standards, and pricing structures. ● Invite Suppliers: Invite relevant suppliers to participate in the sourcing event. SAP Ariba allows you to manage supplier relationships and communication within the platform. ● Collaborative Bidding: Suppliers can submit their bids or proposals through SAP Ariba. The platform facilitates collaborative bidding, allowing suppliers to ask questions and seek clarifications during the bidding process.

  2. ● Bid Evaluation: Evaluate the bids based on predefined criteria. SAP Ariba provides tools to compare and analyze supplier proposals, helping you make informed decisions. ● Negotiation and Award: Negotiate with suppliers to finalize terms and conditions. Once negotiations are complete, you can award the contract or purchase order to the selected supplier through the SAP Ariba platform. ● Contract Management: SAP Ariba also supports contract management, allowing you to create, store, and manage supplier contracts. This helps in ensuring that both parties adhere to the agreed-upon terms. ● Integration with ERP Systems: SAP Ariba can be integrated with other SAP solutions or third-party ERP systems to ensure a seamless flow of information between procurement and other business processes. ● Supplier Performance Monitoring: Continuously monitor supplier performance to ensure they meet the agreed-upon service levels, quality standards, and other contractual obligations. ● Analytics and Reporting: Utilize SAP Ariba's analytics and reporting features to gain insights into your sourcing activities. This can help identify areas for improvement and optimize procurement processes. To get into more details join our Sap Ariba Online Training. Visit our website:- www.bestonlinecareer.com Call on:- +91 9146039100

More Related