SAP Ariba Live in EventsWhere is place located?

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The typical challenge with the tour of a city with many exotic locales is that one tends to miss out on the subtle yet important places, the ones which are unique to the city, tucked away from the throngs of the public, known pretty much through word of mouth, or more commonly, only to the locals. In this part of the Hitchhiker’s guide to SAPAribaLive Madrid, I would like to bring to light these hidden gems, which you should not miss out on.

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Don’t forget the King:

They say content is king, which is as true as a statement can get and it is true with procurement too. Adoption of procurement software amongst the end users is driven by two pillars, usability and content. One without the other is of little value and hence the focus on the catalog engine at SAP Ariba. Attend the catalog management session to know more about the new catalogue architecture, content management with validation, cleansing & enrichment rules, catalogue reporting & BMEcat format support and item master integration with SAP systems. I am sure you will come away impressed.

 

There is reward without risk:

The age old adage says that if there is no risk, there is no reward. In today’s world, the paradigm needs a shift. It is not about taking risks, but in managing it.This applies to visiting a new city,to explore unknown neighborhoods used to be risky, but with live maps and web chatters, it is about exploring neighborhoods knowing the risk involved.Drawing a parallel to the procurement world, and supplier management has moved from being reactive risk management to proactive risk management. Join the supplier risk management session to learn more about how you can manage supplier risk before it impacts your supply chain. How do you leverage external data sources and sophisticated risk models to manage supplier risk across a large supply base, all within one solution. Sounds too good to be true, but it is!

 

Let someone else foot the bill (atleast for a short term):

Studies reveal that most people defer a much needed holiday as their cash flow doesn’t allow it. Little wonder that almost all banks and finance companies are out there lending you short term loans to get that tan. But these loans don’t come cheap. How would it be if you get this loan and that too on your terms and conditions? This is what SAP Ariba Supply Chain Finance does to corporate buying. Join the supply chain finance session to know more about supply chain financing using the Ariba Network; which allows access to 55+ low cost funding sources helping you reduce supply chain costs.

 

Keep it Light:

How often have we packed heavy and found it difficult to lug around our stuff? Even worse, when the porters are unwilling to lift your bags outside St.Lucia in Venice  as it is too heavy and ask you to more than the tariff. Similarly, when you have long tail suppliers who don’t want total collaboration and are just contended with getting a PO and sending back an invoice, you can delight them by offering a lot more within the simplicity of email. Do check it out the light enablement through interactive email session and you will come away amazed with the power of the Ariba network wrapped in an email.

 

Keep your supplies stocked:

It is always a fine balance to have enough supplies to keep yourself refreshed when on the road and carrying too much and punishing your back. The same applies to corporate supply chains too, the risk of a stockout vs. the cost of inventory, is a tricky balance to find. But with the Collaborative Supply Chain capability of SAP Ariba you can improve direct order collaboration through forecasts and releases, manage and track sub-contracting orders and optimize inventory using consignment stock visibility. With the future releases bringing in inventory collaboration capability, the support of supply chain processes on the Ariba network is more holistic than ever. Join the session to find out more.

If you thought that the hidden gems have given you enough food for thought, then it is time for a sangria and a good night’s sleep as you are yet to explore the for your eyes only jewels in SAPAribaLive Madrid, tomorrow. Ciao until then!

 

For more details of the event and signing up to the live stream visit: http://www.aribalive.com/2016/madrid

 

Image credits: swirl-sip.com

Whenever we make travel plans to a new city, we have a mixed set of emotions; we are excited- about being in a new place, meeting new people, seeing new sights, tasting different food and all that goes with it. Along with the excitement, comes a bit of anxiety, to do the right things, to see the right places and to have the right experiences.  If you are one of those lucky ones travelling to SAP Ariba Live Madrid 2016, I am sure you are having a similar set of thoughts running through your mind. But......

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Here is the hitchhiker’s guide to SAP Ariba Live Madrid, which will help you make the most out of this two day procurement extravaganza from SAP Ariba. In this three part guide, I will give you my top ten hacks that will make this trip of yours an exciting and value adding one.

 

1. Get a Guide:

Many a times we make the mistake of trying to explore a new city on our own without seeking the help of any guides. While the lonely planet guide can be a good companion, there is nothing like a knowledgeable guide in a new city. Akin to that, as an end user of procurement, a little guidance is always a good thing. Imagine joining a new company and trying to get yourself the IT starter kit without any guidance, can be quite harrowing. Check out SAP Ariba’s new buying experience that helps users buy the right things, from the right suppliers, at the right prices and through the right policies. And like the best guides in town, it will put you at ease and is completely trustworthy.

 

2.Take the Direct Train:

Moving around a large city can be quite daunting, especially when there are multiple lines that criss cross across the city, at different levels and run by different operators. Similar to this, is the complexity of direct material sourcing, with multiple bills of materials, hierarchies and cost structures to manage. Don’t miss SAP Ariba’s innovation that makes it easy to manage complex materials, BOMs and supports better product costing optimization. With the new UI, increase adoption by functional buyers (eg: Engineers) to use sourcing and make better decisions. Native integration to ECC and PLM .

 

3.Visit the local market and make that “Spot Buy”:

There is no place better to sample a new city than the local marketplace. But local marketplaces can be a bit tricky, especially if you are a tourist. Imagine being taken to a local market where you can shop without the fear of being overcharged, or being sold a fake. That is SAP Ariba Spot Buy for you. A ready to go marketplace for goods where only the best of suppliers exist, where you can leverage market pricing , have integrated buying process compliance to compliment your company’s sourcing strategy and all within an intuitive shopping environment.

 

4.Pay it forward and Pay it Right:

As much as travelling is fun, paying all those invoices once you come back from the trip isn’t. What is needed is an intuitive and collaborative solution which allows you to manage all those invoices on one screen, from the comfort of your living room. Imagine such a solution in the hands of accounts payable in companies, and that is what SAP Ariba Invoice collaboration enables. Natural in-context collaboration between invoice agents, business users and suppliers for faster invoice reconciliation, along with In app messaging, making delayed and incorrect payments a thing of the past.

 

5.Walk in the clouds,but come down whenever you want to:

There is a sense of freedom in walking in the clouds, little wonder people flock to the mountains when given a chance. What’s key however is the flexibility to walk in the clouds but the ability to come down whenever you want to. And with SAP Ariba’s new vendor master in the cloud, you get precisely that. A vendor master in the cloud with 2-way integration capability with your on-premise vendor master.  A solution which lets your suppliers manage their own information by enabling the right and extensible business processes in the cloud.

In the first part of the tour, I have taken you through the “when in Madrid, must see”  sessions, but in tomorrow’s guide, I will take you through the hidden gems of Madrid, tucked away from the glare of tourists, locals only places which are bound to make your visit to Madrid a more complete and enriching one. Stay tuned!

 

For more details of the event and signing up to the live stream visit: http://www.aribalive.com/2016/madrid

 

 

 

 

 

 

 

 


 


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