Streamline your procurement process, increase efficiency and drive cost. However, strategic sourcing is a larger concept that aims to improve the procurement process of your business and ensure the lowest cost for the whole process. Discover the benefits of SAP Ariba, the leading cloud-based procurement solution. Keywords Test data for Ariba, capture test data ariba, Test Data in ERP for Ariba, KBA, BNS-ARI-CI, SAP Ariba Cloud Integration Gateway, How To About this page This is a preview of a SAP Knowledge Base Article.
Sourcing is simply the process of identifying the suitable suppliers for your business to procure products and services at the optimal price. As part of the Ariba implementation programme, the SAP Ariba Strategic Sourcing Suite and Ariba Buying are integrated with S4HANA. How to Capture a Test Data for Ariba Programs and Function Modules Read more. You will also see a difference between two terms – sourcing and strategic sourcing. You will have to factor in the total sourcing cost, including the price for creating contracts, time factors, and transportations, not just the direct purchase cost. However, if you consider long-term prospects, you will have to consider many additional factors where the concept of sustainable savings comes into play. SAP Ariba now only sells the cloud version of product in the market and calls it SAP Ariba On Demand Suite of Applications. But can the lowest price always guarantee you the highest savings for your business? For a very short-term, it might.
In a traditional sense, many of us often look at sourcing with a narrower view: finding a supplier and negotiating to secure the lowest possible price.
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