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Procurement isn’t a set of discreet tasks performed in silos. It’s a connected process carried out across many functions and geographies. And the solutions used to drive it need to be linked and support this process from end to end. Leading companies across Latin America recognize this and are tapping into the cloud-based applications and business network of SAP Ariba to digitize their supply chains and more simply and efficiently manage their trading relationships and spend.
More than 17,000 buyers and sellers in Latin America are connected to the Ariba® Network. During the last 12 months, these companies have exchanged more than 1 million purchase orders worth close to $18 billion and more than two 2 million invoices valued at nearly $ 7.4 billion. Next week, many of these companies will share the stories of their success at SAP Ariba Live, the premier business commerce conference to be held at The Cosmopolitan of Las Vegas March 20-22.
“Supply chains around the world are undergoing radical modernization as companies leverage technology to improve processes and change the way that work gets done,” said Catalina Manrique, Vice President, SAP Ariba Latin America. “The key to success in this new era lies in connected, digital solutions that support the entire source-to-settle process and provide a gateway for collaboration — both within and beyond the enterprise — on a global scale.”
Digitizing the Enterprise
Through its cloud-based applications and business network, SAP Ariba provides a single, integrated platform and easy-to-use interface through which companies can manage all of their customers, partners and spend and collaborate around key business processes – from procurement and finance to sales and marketing.
And leading companies across Latin America are taking advantage of the offerings to transform their operations.
In Mexico, Grupo Lala, the largest dairy company in the country, is using the Ariba® Network and a range of the market-leading, cloud-based applications delivered on it to gain clear visibility into its spend across all categories, automate the sourcing process from end to end and negotiate optimal contracts.
Aché, pharmaceutical laboratory, 100% Brazilian, founded in 1966, have strengthened and expanded performance in almost five decades of a success history. The Company is present in segments Under Prescription, Exempt Medications of Prescription, Generic, Dermatologic and Dermocosmetics. It also has Nutraceutical and Probiotics products. Aché selected SAP Ariba solutions to improve cost efficiency by adopting an integrated end-to-end sourcing-to-pay platform that enables automation and adoption of best practices, increasing focus on more strategic value added activities.
And Sierra Gorda SCM, a top mining company in Chile, has created an innovative digital sourcing process through which it can more efficiently manage its spend and trading relationships from end to end.
These companies will join with others from the region who are leading the way in digitizing procurement with SAP Ariba in sharing the stories of their transformation at SAP Ariba Live, including Votorantim, Atento, COLBUN and Pluspetrol. Registration for this can’t miss event is open today.
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.
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.