Lenovo Transforms Procurement with SAP Ariba and Deloitte
June 21 2017 - 8:30AM
Business Wire
Company taps cloud-based applications and
business network to drive collaborative digital process for
sourcing goods and services that delivers innovation and growth
Few industries are more competitive than technology. Today’s
consumers – both personal and enterprise - want innovative products
at low prices. And new companies are cropping up in markets around
the world to deliver them. To maintain their edge and gain
advantage, providers must diligently manage their costs and supply
base. Lenovo Group Ltd. recognizes this. And the company has
embraced digital solutions from SAP Ariba which it is implementing
across its global operations with support from Deloitte to create a
collaborative digital process for sourcing goods and services that
can deliver savings and efficiencies, while at the same time,
fueling business innovation and growth.
Like most large organizations, Lenovo buys lots of things. And
typically, purchases were made by many business groups using
different systems and processes.
“We needed a standard way to manage procurement that would allow
us to not only manage our costs, but minimize risks, and an
integrated system to drive it,” said Sophie Zhu, Procurement
Director, Lenovo. “Working with SAP Ariba and Deloitte, we proposed
new functional requirements and developed a financial management
solution that could accommodate our unique needs. And they
delivered.”
With in-depth knowledge and experience in the SAP Ariba
technology, Deloitte has been helping clients like Lenovo to
implement a broad range of cloud-based applications that allow them
to optimize their procurement process, manage their customer and
supplier relationships and achieve higher cost efficiency.
“SAP Ariba provides a powerful platform to drive simpler,
smarter sourcing,” said Lai Youyou, SAP Consulting Partner,
Deloitte. “When implementing the company’s solutions, we have been
able to help Lenovo drive a more transparent and collaborative
negotiation process that has opened the door to savings,
efficiencies and innovation.”
Lai added that there is an aggressive timeframe to execute this
high-level collaboration agreement, which will involve functional
and technical experts from China and the U.S. which will enrich
Deloitte’s experience in SAP Ariba’s applications and facilitate
the two companies in seizing business opportunities in the rapidly
growing local market.
Lenovo joins more than 2.5 million companies in 190 countries
around the world who are connected to the Ariba® Network and using
it to transact over $1 trillion in commerce on an annual basis.
“The world has gone digital and procurement has gone with it,”
said Gareth Bowen, Head of SAP Ariba, Greater China. “Innovative
organizations like Lenovo that are embracing the trend can power
new ways of thinking and operating that beyond savings and
efficiencies, create long-term, sustainable advantage for their
business.”
To learn more about SAP Ariba’s solutions and the value they are
delivering to companies around the world, visit www.ariba.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 350,000 customers to operate profitably, adapt
continuously, and grow sustainably. For more information, visit
www.sap.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu
Limited, a UK private company limited by guarantee ("DTTL"), and
its network of member firms, and their related entities. DTTL and
each member firms are legally separate and independent entities.
DTTL (also referred to as "Deloitte Global") does not provide
services to clients. Please see
www.deloitte.com/cn/en/about for a detailed description of
DTTL and its member firms.
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SAP AribaKelly Murray, + 1 978-708-6821kelly.murray@sap.com
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