Procurement is increasingly looked upon to not just drive further cost reductions, but also help mitigate risk, meet sustainability targets and support a range of other objectives. World class organizations are transforming themselves to rise to the challenge and continue delivering greater results. Automation is a key enabler for such transformations, streamlining processes and freeing employees from tactical work. Join this session to hear how Fujitsu, the leading Japanese information and communication technology (ICT) company, leveraged an integrated suite to empower its staff and transform the function into a strategic value driver.
Ariba’s On Demand applications and the Network generate measurable value to organizationsBuyer’s experience significant savings that fall right to the bottom lineSome savings are obvious (see above) but others less so. For example, a large Oil company was able to significantly cut inventory of replacement parts in its refineries due to the visibility into order status the network provided. This visibility not only enabled the managers to focus on the operations instead of whether a critical shipment was going to come, but also enabled them to reduce the excess inventory they needed as safety stock to ensure the refinery didn’t go downSuppliers experience savings through the automation of non-value added activities (like AR clerks having to call their customers each month to see when payments will be made)Suppliers also see top line growth from participation on the network – including net new business and increased wallet share with existing customers