World’s largest marketplace for indirect goods
set to launch in Australia and New Zealand
There are plenty of sites where Australasian businesses can find
industrial products and office supplies and buy them with a few
clicks. But where can they go when they need specialty items on an
ad-hoc basis and purchase them in a compliant manner? SAP Ariba.
The company today announced plans to roll out SAP Ariba® Spot Buy,
its marketplace for managing non-contracted purchases, in Australia
and New Zealand. And just as it has in North America and Europe,
the offering promises to transform spot buying, matching buyer
demand with seller supply in an efficient digital marketplace to
drive a simple, more transparent process that delivers savings to
buyers and opportunities to sellers.
As a consumer, if your refrigerator stops working, you get
online, find a few suppliers, compare prices and with a couple of
clicks, buy a new one and have it delivered and installed. But what
do you do as a business when your assembly line shuts down because
of an unanticipated part failure?
“Companies shouldn't have to distract category managers with
these types of emergency needs who are better equipped to support
larger and planned spend requirements using sourcing processes
taking six to thirty weeks and aimed at delivering savings,” said
Kurt Albertson, Associate Principal Advisor at The Hackett
Group.
Business Buying Made Simple AND Compliant
With SAP Ariba Spot Buy, companies can deliver it. “Spot buys
are a huge category of indirect spend that is largely undermanaged
because companies lack effective tools to facilitate the
time-sensitive supplier identification, qualification, and bidding
involved,” said Tony Alvarez, General Manager, SAP Ariba Spot Buy.
“SAP Ariba Spot Buy changes all of this.”
A unique offering that goes beyond simple catalogs for indirect
goods, SAP Ariba Spot Buy provides the technology, content and
expertise organizations need to gain greater visibility into their
spend and fuel the compliance needed to get unplanned buys under
control.
Pairing SAP Ariba’s business network and cloud-based procurement
applications with expansive catalogs for indirect goods, SAP Ariba
Spot Buy combines the convenience of a consumer-like shopping
experience with business controls, enabling even the most casual
users to quickly find and immediately buy thousands of contracted
and non-contracted items in accordance with their company’s
procurement policies and procedures. With SAP Ariba Spot Buy,
companies can:
Find: If an item isn’t listed in a company’s catalog,
users can search the SAP Ariba Spot Buy catalog – populated with
more than one billion listings across over 20,000 categories to
locate it.
Approve: Through configurable business rules and spot
buy-specific workflow, purchases are automatically aligned with
corporate policies and routed for approval.
Buy: Approved purchases trigger checkout, secure payment,
and shipment of goods.
Eliminating the Middle Man
“In today’s digital world, buying things at work has to be as
simple as buying things at home. But it also needs to follow our
corporate rules,” said Cor van der Scheer, Procurement Processes
& Systems Manager, AusNet Services. “With SAP Ariba Spot Buy,
we can create a consumer-like shopping experience for our
employees, enabling them to find the goods they need to do their
jobs and with a few clicks buy them in accordance with company
policies, all while maintaining visibility into and control over a
large category of spend that has until now been very difficult to
manage.”
But it isn’t just about buying. With SAP Ariba Spot Buy, selling
organizations can connect directly to the world’s largest, most
global network of business buyers who spend billions on indirect
goods every year and offer their products when and where they are
needed, opening doors to opportunities that may previously have
been closed to them.
“It’s truly a win-win,” said Alvarez. “Corporate buyers can tap
into a trusted network of vetted suppliers and create an easy way
to find and buy one-off items without unleashing a maverick buying
epidemic, and sellers can establish strategic relationships with
corporate customers without any interference to grow their
business.”
About SAP Ariba
SAP Ariba is how companies connect to get business done. On the
Ariba Network, buyers and suppliers from more than 2.5 million
companies and 190 countries discover new opportunities, collaborate
on transactions and grow their relationships. Buyers can manage the
entire purchasing process, while controlling spending, finding new
sources of savings and building a healthy supply chain. And
suppliers can connect with profitable customers and efficiently
scale existing relationships – simplifying sales cycles and
improving cash control along the way. The result is a dynamic,
digital marketplace, where more than $1 trillion in commerce gets
done every year. To learn more about SAP Ariba, 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 345,000 customers to operate profitably, adapt
continuously, and grow sustainably. For more information, visit
www.sap.com.
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SAP AribaKaren Master, +1-412-297-8177karen.master@sap.com
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