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SAVE THE DATE!

Don’t miss the chance to find new business opportunities with ready-and-willing Global 2000 buyers from all industries from across the globe

 

As a member of the Ariba® Network, we want to make it easier for you to discover, connect and collaborate with your trading partners for a competitive edge. That’s why we are pleased to invite you to the Ariba Commerce Summit series, a two-days complimentary event where you will expand your business relationships, drive new business opportunities, and exchange ideas and best practices with other purchasing executives.

 

To maximize convenience and stretch your travel budget, Ariba Commerce Summit will be held in major cities across North America and Europe, October - December 2010. There is no cost to attend. So, don’t wait! Mark you calendar and register now. To find the full event details, including the agenda and registration, please click here.

 

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Cities and Dates

  • Atlanta - Oct 12 and 13
  • NYC - Oct 18 and 19
  • Chicago - Oct 21 and 22
  • San Francisco - Oct 25 and 26
  • Dallas - Nov 3 and 4
  • Stockholm - Nov 16 and 17
  • London - Nov 30 and Dec 1
  • Paris - Dec 2 and 3

 

Why should you attend?

Take advantage of opportunities to:

  • Drive new business opportunities with Global 2000 buyers
  • Expand your business relationships
  • Find new ways to leverage your Ariba eCommerce channel for greater ROI
  • Get competitive insights into your customers’ buying priorities and key challenges that executives and practitioners face today

 

Who is attending?

You will interact with procurement, finance, sales, and marketing executives from Global 2000 companies representing a wide range of industries including financial services, industrial manufacturing, retail, pharmaceuticals, insurance, aerospace and defense, consumer products, transportation, automotive, high-tech and more!

 

Special Offer

All attendees will be entered to win an all-expense-paid trip to Ariba LIVE 2011. Even if you don’t win the trip, you will automatically receive a 50% discount pass to Ariba LIVE 2011.*  Find out more about Ariba LIVE 2011 here.

 

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*Restrictions apply.
1,066 Views 0 Comments Permalink Tags: ariba_network, supplier_network, supplier, ariba, events, ecommerce, summit
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Struggling to determine which sales and marketing tactics are actually moving the eCommerce needle?

 

If so, join Kevin Govin, CEO at MarkMaster and discover how you can leverage eCommerce as a strategic vehicle to drive awareness and incremental revenue. Kevin will explain how his organization expanded their customer base 65% and achieved a 20% year over year growth for the past six years - even during the economic downturn.

 

Specifically, you will learn how you can:

  • Use eCommerce to increase sales and profits beyond your local market without the barriers of time or distance
  • Get a competitive advantage by becoming a trusted partner
  • Generate recurring transactional sales so your team is free to pursue new revenue opportunities

 

Date:

August 26, 2010

 

Time:

2:00 p.m. – 3:00 p.m. Eastern

11:00 a.m. – 12:00 p.m. Pacific

 

 

Bonus Offer:

All webcast attendees will receive a FREE 1-hr customer matching consultation plus a copy of MarketingSherpa report: 7 Lessons for Online Marketing.

 

http://www.ariba.com/programs/emails/templates/19/button_registernow_blue_170x29.gif

 

 

Contact Us

If you have not received your confirmation email, or if you have any questions about the Webcast itself, please email us at programs_info@ariba.com.

1,814 Views 0 Comments Permalink Tags: best_practices, ariba_network, supplier, supplier_solutions, ecommerce, webinar, tactics, webcast, revenue_growth, ariba_ready, ariba_silver
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Is your customer retention lower than you'd like? Can your sales team cost-effectively drive maximum value from your customer base? Do you have a successful strategy to find and retain more high-value accounts? According to Forrester¹, as budgets unfreeze in 2010, sales and marketing organizations need to shift their focus from traditional marketing tools to newer, more innovative approaches that foster community interaction and improve customer relationships. And eCommerce has a proven track record in helping sellers accomplish that goal.

 

EBSCO Information Services, a division of EBSCO Industries, Inc., offers an excellent example of how well eCommerce works. Over the past eight years, EBSCO has achieved a 99 percent customer retention rate, expanded its global account footprint by more than 30 percent, and significantly improved sales and marketing efficiency-all as a result of its investment in eCommerce. "Our eCommerce strategy connects us directly to the needs of our customers," says EBSCO marketing director Chip Graham. "We believe this has been key to our continued growth and leadership position in the industry."

 

Why eCommerce?

Though spending on digital marketing has increased slightly in recent years, most sellers still rely mainly on conventional-and more expensive-methods such as trade shows, PR, direct mail, and print advertising, Forrester says. Yet the changing digital and social nature of buying and selling among today's businesses demands serious budget restructuring. To fuel pipeline growth and gain wallet share, sellers should:

 

  • Spend more on interactive, digital eCommerce techniques, which deliver highly targeted messages and can measure response more directly than traditional methods
  • Focus on campaign ROI via leads and customers generated rather than overall cost, which provides a more accurate yardstick to direct future spending
  • Grow relationships with existing customers by creating avenues for inbound communication to engage today's more digitally savvy, socially active, and vocal buyers
  • Build relationships with multiple buyers rather than just individuals in accounts by using community marketing processes that focus on prospect needs, personalize responses, and engage customers with relevant communication

 

EBSCO: Exceptional eCommerce Results

As the world's leading information agent, EBSCO provides consulting services and integrated technology solutions that help libraries and research organizations in over 200 countries to access and manage quality content, including print and e-journals, e-packages, e-books, research databases, and more. The company's decision to pursue eCommerce was driven by customer demand for a new means to procure and manage its products. Clients also wanted EBSCO to support multiple spend management platforms, including Ariba.

 

As part of its eCommerce initiative, the company launched the EBSCO Information Marketplace. This web-based service lets users procure and manage content from thousands of sources and formats through integration to their eProcurement systems or via EBSCO's desktop solution. EBSCO can now easily alter catalogs based on market, geography, and client requirements to provide a customized solution and integration for each customer. As a result, the company has virtually eliminated turnover and expanded support of customers' business commerce initiatives, growing them by 30 percent in the past four years on the Ariba® Network alone. EBSCO customers have increased spend visibility, reduced administrative workload, and realized economies of scale that help them improve service to their clients.

 

Chip's Tips for eCommerce Success

Below are some insights Chip has gleaned from spearheading EBSCO's eCommerce experience.

 

  1. Adopt eCommerce to improve customer access and retention. "I can't think of one tactic that's been more successful in the corporate market than eCommerce," Chip says. "It has let us get closer to our customers at every level. We're no longer a vendor, but a strategic partner in helping them achieve their objectives. This allows us to identify their needs-sometimes before they recognize them-and meet or exceed their expectations." The company has also used eCommerce to unify clients' organizational implementation and align goals in ways that build long-term relationships and maximize retention.
  2. Leverage eCommerce to increase customer stickiness. The user-friendliness of eCommerce offered another huge value, making it simple for EBSCO customers to say yes. "Everything they need is online, right there, which streamlines operations and purchasing," Chip says. "Plus it's easy for our customers to adopt, and usually not a big deployment or installation project that gobbles up their resources." Seamless integration of the EBSCO Information Marketplace into customers' workflow increases that stickiness even more, strengthening customers' familiarity and comfort with the solution and driving up revenues.
  3. Use eCommerce to find e-savvy prospects and expand into new markets. "Building an eCommerce presence lets us easily find likeminded prospects who are leveraging electronic networks to do business," Chip explains. "Since they've already adopted this type of distribution channel, they're like prequalified prospects." EBSCO also takes advantage of built-in sales and marketing opportunities offered by companies like Ariba, which streamlines access to high-value customers and decision makers. The company is an Ariba Ready™ Silver member and regularly attends marketing events such as Ariba LIVE™. "The Ariba Network makes it easy to expand our global reach into new geographies and across new channels, allowing us to target more effectively and generally improve revenue," Chip says.
  4. Employ eCommerce tools to show value and lower sales and marketing costs. EBSCO has dramatically cut sales and marketing costs through eCommerce automation. And by enabling EBSCO to deliver a highly customized service to customers, eCommerce helps the company demonstrate value. "We become a central part of how our customers do business as opposed to a one-off commodity," Chip notes. "Our sales team no longer has to call on accounts and fill out forms merely for a basic reorder. Instead they can talk about new products, features, or locations, which results in better calls and more revenue." EBSCO also gains efficiencies from automated ordering, processing, and billing. "Our customers get better service, and it's easier to order and pay with an electronic system," Chip says. "This is a win-win all the way around."
  5. Take advantage of eCommerce for your green initiatives. By using eCommerce to "go green," EBSCO has been able to reduce paper consumption, eliminating paper catalogs and invoices and minimizing its use of paper order forms. The company also partners with carbonfund.org to measure its carbon footprint.

 

Put eCommerce to Work for Your Business

You can learn more about why eCommerce should be a core part of your business strategy-and gain deeper insight into EBSCO's strategies for eCommerce success-by watching "The Secrets to Customer Retention and Growing Revenue from Your Customer Base." And whether you're just starting out with eCommerce or well on your way, Ariba offers multiple resources to help you generate better results faster-including Ariba Supplier Consulting, Ariba Network matching services, the Ariba Ready program, and a broad array of other resources and events offered through Ariba Sales Acceleration solutions. To learn more about how you can take advantage of these opportunities to achieve results like EBSCO's, contact Dave Heflin, senior manager of Ariba Supplier Accounts, at dheflin@ariba.com, or send an email to supplierprograms@ariba.com.

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

 

 

¹ Forrester, "B2B Marketers' 2009 Budget Trends," Laura Ramos, April 2009

1,365 Views 0 Comments Permalink Tags: best_practices, ariba_network, suppliers, supplier_network, supplier_solution, tips, supply_lines, sales_acceleration, ariba_ready, revenue, customer_base, ebsco
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By Dave Heflin, Ariba Senior Manager - Supplier Accounts

 

For most sellers, managing customer contracts can be a real headache. Negotiating terms and conditions, agreeing on exceptions, and getting approvals from legal, finance, and other stakeholders can take weeks or even months-creating long contract lifecycles that eat into revenues or even cause deals to fall through. Poor visibility into contract status erodes compliance and makes timely renewals difficult, jeopardizing business retention.

 

Fortunately, automated contract management solutions offer an excellent way to overcome these problems, providing in-depth features and functionality that simplify and streamline the entire contract lifecycle-from request and proposal to execution, payment, and repository management through recalls, compliance checks, and renewals.

 

How Can Automating Contract Management Help Me Win Deals?

Paper-based processes or tools that automate only parts of the contract management lifecycle make it difficult to rapidly complete agreements or respond to changing customer requests. And the longer the contract lifecycle drags on, the greater the opportunity for customers to get impatient, lose interest, or award their business to another seller. Automation eliminates these delays, allowing you to quickly execute contracts on any deals you negotiate-or even capture business from competitors still using manual processes

 

By taking advantage of automated contract management, you can:

 

Close Business Faster

 

  • Automation of the entire contract management lifecycle lets you cut negotiation times up to 50 percent, sell against contracts sooner, and boost renewals 25 percent or more
  • Electronic tracking and reporting notify you about needed actions and alert you when agreed-on prices, terms, or conditions aren't being fulfilled
  • Automated price increase and change management tools check contract terms before allowing revisions so agreements aren't jeopardized
  • Expiration and milestone alerts enable you to contact customers about renewals and fulfillment on a timely basis, boosting business retention

 

Strengthen Customer Relationships

 

  • Collaborative capabilities let you streamline and scale contract development, negotiation, and approval while working cooperatively with customers and internal teams
  • Faster, easier contract approval, execution, and implementation help you better fulfill contract terms and meet client expectations
  • Clear visibility into contract status lets you stay on top of progress and approvals and respond quickly and accurately to customer queries
  • Support of multiple language, currency, and regulatory requirements gives you the flexibility to meet diverse client needs

 

Cut Costs and Increase Efficiency

 

  • Easy integration with ERP and business solutions eliminates the need to manually re-enter data and maintain consistency across disparate systems when changes are made
  • Automated development and approval tools along with preapproved and standardized templates, exceptions, and legal clauses free up legal resources
  • Electronic signature capabilities expedite approvals and execution and eliminate the need for paper
  • Extensive recall and search capabilities into comprehensive contract repositories let you instantly access data from current and historical agreements

 

Ariba Contract Management

The Ariba Contract Management™ solution offers these benefits and more, turning contract management into a collaborative process that's quick, simple, and cost-effective for you and your customers. And getting started is easy, since Ariba's economical on-demand delivery and expert global support ensure fast implementation and ROI.

 

One Seller's Experience

One of the largest publically traded hospital company in the United States, realized the following benefits by implementing Ariba Contract Management:

 

  • Shortened the average contract lifecycle from about 35 to 20 days-a 43 percent decrease
  • Improved adoption rates by expanding the types of contracts managed and business units using the solution
  • Enhanced system reliability and flexibility with no downtime in almost a year
  • Major time savings from email approvals

 

Where Can I Learn More?

You can find additional information about Ariba Contract Management and how contract management automation can help you increase sales by reading "Tailoring Contract Management for Your Organization" or contacting suppliersolutions@ariba.com.

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

365 Views 0 Comments Permalink Tags: suppliers, contract_management, supplier_network, supplier_solution, erp, supply_lines, automated_contract_management, contract_lifecycle
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Electronically integrating your order and invoice capabilities over the Ariba® Network is a great way to cut costs and processing time while positioning yourself as an e-savvy seller. And with 93 percent of Ariba sellers still relying on email and fax, offering electronic services gives you a distinct competitive advantage as well.

 

If you need external IT assistance to move forward-and want help finding vendors with the expertise you need-the Ariba Supplier Solution Provider Sales & Marketing Program is the perfect solution. Launched in mid-May, this valuable new program is designed to facilitate productive intercompany collaboration, a core goal of the Ariba Commerce Cloud. By using it, you can quickly connect with the organizations best suited to handle your business commerce integration projects.

 

What Benefits Does the Program Provide?

The Ariba Supplier Solution Provider Sales & Marketing Program saves you time and effort by giving you immediate access to qualified vendors with proven capabilities. Rather than spending endless hours up front vetting potential providers from a large pool, you can focus your resources on getting the project done.

 

Outsourcing projects to Ariba Supplier Solution Providers gives you a cost-effective, scalable option for your integration initiatives, since you don't have to meet a minimum spending amount to use them. And since Ariba Supplier Solution Providers are eager to win and keep your business, they'll devote extensive resources to complete your project-so you enjoy a shorter time to benefit. If geographic proximity is important to your initiative, the program offers value there as well, since Ariba Supplier Solution Providers are based in multiple countries worldwide.

 

In turn, companies that receive the Ariba Supplier Solution Provider designation benefit by gaining greater exposure to sellers interested in their services. The result is a win-win connection that helps you as well as the program participants.

 

How Does the Program Work?

Companies that wish to be validated as Ariba Supplier Solution Providers must first apply to the program. Ariba then assesses their ability to provide one or more of the following services:

 

  1. Purchase order EDI integration
  2. Purchase order cXML integration
  3. Ariba PunchOut™ support
  4. Website development
  5. eInvoice EDI integration
  6. eInvoice cXML integration

 

Companies that pass the review process receive the appropriate Ariba Supplier Solution Provider designation(s) and are listed on ariba.com, supplier.ariba.com, and Ariba Discovery,™. You can access the list and contact validated businesses directly to discuss your project parameters.

 

How Do I Choose Between This Program and Ariba Supplier Consulting?

Ariba Supplier Consulting resources are channeled primarily towards sellers who have earned Ariba Ready™ status or are launching more complex, large-scale integration projects. As a result, non-Ariba Ready sellers or those with small to midsized initiatives-e.g., ones that require only one or two connections-may have to wait to receive service. The Ariba Supplier Solution Provider Sales & Marketing Program is designed to fill that gap, expanding the options available to every seller and enabling you to get your solutions to market quickly and easily.

 

If you're uncertain which type of support is best for your project, the supplier account management team can help you determine the right path to take.

 

A Strong Beginning

 

"We prominently displayed the Ariba Supplier Solution Provider logo in front of our booth at Ariba LIVE, and we're including it in our marketing collateral and website as well. Partnering with Ariba through this program gives us greater credibility when talking with suppliers who want to connect with their Ariba customers."

Jack Mulloy, CEO, PunchOut Catalogs

 

The Ariba Supplier Solution Provider Sales & Marketing Program has attracted strong interest from a variety of companies, with five organizations already validated and many others undergoing review. A dozen initial charter members are expected to be validated by mid-August, with continued growth expected. Current members include:

 

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New members are excited about the value the Ariba Supplier Solution Provider Sales & Marketing Program will provide. PunchOut Catalogs, which earned validation in all six service areas, has already started to realize benefits. "We began using the program logo at Ariba LIVE™, and we definitely met a lot of strong leads there that we're pursuing," says Jack Mulloy, CEO of PunchOut Catalogs. "We're confident that suppliers in the Ariba community will get the right level of visibility from the program and be a strong channel for us from a growth perspective."

 

Charter member marketingunity, a web-based collaborative software specialist based in the United Kingdom, also expressed optimism about the pluses of becoming an Ariba Supplier Solution Provider. "We're really excited about this new relationship, as it represents a genuine win for all parties involved," says James Evason, chief technology officer. "Suppliers entering the Ariba Network will be able to integrate their systems quickly and cost-effectively; both they and their customers will benefit from faster and more efficient completion of business transactions; and Ariba will benefit as their network will become an even more attractive way for their buyers and suppliers to do business."

 

How to Get Started

To learn more about the program, connect with existing members, or find out about becoming an Ariba Supplier Solution Provider yourself, simply send an email inquiry to supplierprograms@ariba.com.

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

428 Views 0 Comments Permalink Tags: ariba_network, supplier_network, supplier_solution, network, ecommerce, ariba_discovery, commerce_cloud, supply_lines, edi, business_commerce, punch_out, cxml, ariba_ready, active_brand, essent, marketingunity, punchout_catalogs, toreion, ariba_supplier_solution_providers, assp
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Struggling to determine which sales and marketing tactics are actually moving the eCommerce needle?

 

If so, join Kevin Govin, CEO at MarkMaster and discover how you can leverage eCommerce as a strategic vehicle to drive awareness and incremental revenue. Kevin will explain how his organization expanded their customer base 65% and achieved a 20% year over year growth for the past six years - even during the economic downturn.

 

Specifically, you will learn how you can:

  • Use eCommerce to increase sales and profits beyond your local market without the barriers of time or distance
  • Get a competitive advantage by becoming a trusted partner
  • Generate recurring transactional sales so your team is free to pursue new revenue opportunities

 

Date:

August 26, 2010

 

Time:

2:00 p.m. – 3:00 p.m. Eastern

11:00 a.m. – 12:00 p.m. Pacific

 

 

Bonus Offer:

All webcast attendees will receive a copy of MarketingSherpa report: 7 Lessons for Online Marketing.

 

http://www.ariba.com/programs/emails/templates/19/button_registernow_blue_170x29.gif

 

 

Contact Us

If you have not received your confirmation email, or if you have any questions about the Webcast itself, please email us at marketing_programs@ariba.com.

270 Views 0 Comments Permalink Tags: best_practices, suppliers, supplier_network, supplier_solution, ecommerce, webinar, tactics, webcast, revenue_growth, online_marketing
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The launch of Ariba's new Commerce Cloud-a web-based platform designed to power more collaborative and efficient buying, selling, and financial management between businesses-marks a decisive strategy shift that will benefit you as a seller in multiple ways.

 

Though Ariba has always provided value to sellers, its focus on spend management has traditionally centered more on buying organizations. The new Commerce Cloud paradigm changes this equation by putting the needs of sellers and buyers on a par-making seller goals and requirements core to Ariba's mission and vision. As part of this shift, Ariba is investing extensive resources in a growing array of solutions and services that will help you as a seller find more business opportunities, better manage cash, and increase sales.

 

Making Business Commerce Easy

As a consumer, you're well acquainted with the ease of buying, selling, and managing cash online. When shopping, you can research a product, get feedback on vendors, see images of potential purchases, get answers to questions, configure and place your order, and pay securely-all in the space of an hour. You can sell items on eBay or manage your finances and investments via online banking or sites like ingdirect. The entire experience is fast, efficient, and even fun.

 

In the business world, however, the majority of commerce still slogs along using cumbersome paper-based processes that hamper access to partners and limit intercompany collaboration…that is, until now. The Ariba Commerce Cloud is transforming this picture, providing a single, easy-to-use resource where users can buy, sell, and manage cash with the same speed and efficiency that have become the norm in the consumer marketplace.

 

Benefits to Your Company

The Ariba Commerce Cloud will make it easier for you to take advantage of existing Ariba seller solutions by seamlessly integrating them into the Ariba® Network-providing faster, simpler access to the tools and services you use. Various solutions and programs will be enhanced or expanded, and new resources will be added to enhance your benefits even more, allowing you to:

 

 

  • Increase access and sales to new customers through Ariba Discovery™, a powerful on-demand service that automatically connects you with buying organizations actively sourcing the products and services you sell. New features will help you get more leads, connect faster with key decision makers, shorten the sales cycle, streamline negotiations with potential new customers, and improve close rates.
  • Manage cash more effectively through Ariba® Working Capital Management™ solutions-including Ariba Discount Management and Ariba Receivables Financing-which improve your access to cash and credit at reasonable rates and enable you to get paid as much as 20 percent faster, significantly reducing days sales outstanding (DSO).
  • Increase productivity, differentiate your business, and grow revenue through Ariba Network catalog, order, and invoice solutions and Ariba Sales Acceleration solutions, which can help you:
      • Proactively take advantage of business commerce and the Ariba channel
      • Identify and resolve sales and marketing challenges
      • Boost customer satisfaction and retention
      • Gain greater visibility into customer processes
      • Increase sales with new and existing customers
      • Lower sales costs through 80 percent order accuracy improvement, 60 percent productivity increase, and 50 percent faster order-to-cash cycle
  • Network more extensively through the Ariba Exchange, a new collaborative online forum where you can quickly and conveniently exchange ideas and discuss issues with buyers and business partners as well as other sellers.
  • Connect to a growing network of qualified solution providers through the new Ariba Supplier Solution Provider Sales & Marketing Program which vets and validates companies in key technical areas to ensure their competence in helping you attain your goals.
  • Drive more value from Ariba solutions by tapping into expanded educational resources on a wide variety of topics, such as how to better utilize Ariba Working Capital Management solutions, ways to ensure that you're most effectively finding new customers, tips on retaining customers and growing your customer base, and suggestions that help you maximize revenues through Ariba
  • Enhance your credibility as a business commerce-savvy seller by joining the Ariba Ready™ program, which prepackages three different levels of networking, marketing, and consulting expertise to help you optimize your online programs and grow your business through the Ariba Network
  • Gain exposure and preferred status with new eProcurement buyers through Ariba® Express Content, a program that lets you provide access to free, ready-to-use catalog content so your customers can sidestep lengthy catalog creation processes and order from you faster.
  • Utilize critical market intelligence and benchmark trend reports gleaned from aggregate data on Ariba Network usage patterns across millions of transactions, thousands of companies, and hundreds of countries to help you better discover, win, and support customers.
  • Shorten the sales contract cycle by 50 percent or more with the Ariba Contract Management™ solution, significantly enhancing contract visibility for you and your customers while driving higher sales and renewals.
  • Increase your RFP wins through Ariba Global Consulting Services' new RFP Response Improvement solution, which provides analysis, design planning, and implementation support to help you transform your RFP response process into a best-in-class, high-ROI component of your overall sales strategy.
  • Quickly and cost-effectively integrate with ERP and other backend systems of customers and partners using the Ariba Commerce Cloud through comprehensive integration support provided by Ariba ecosystem partner Hubspan.

 

 

These are just some of the many seller resources to be offered through the Ariba Commerce Cloud in the coming months. To provide input on solutions and services you'd like to see, please send an email to suppliersolutions@ariba.com or contact your Ariba account manager.

 

 

Ariba: Uniquely Positioned to Help You Succeed

As owner of the world's largest web-based trading network-a community of more than 300,000 sellers and buyers from 400 of the Fortune 500 transacting over $121 billion in annual spend-Ariba has the critical mass and scale required to deliver on the promise of transforming business commerce. Because the technology resides "in the cloud" (that is, on the Internet), Ariba applications and services as well as those of approved partners are available on demand to anyone using the Ariba Network. This means you can quickly add or subtract resources to meet changing requirements, usually without IT assistance. Access to Ariba expertise along with an extensive range of solutions across the market-to-pay cycle gives you and your customers the capabilities you need to automate and streamline functions and work together more efficiently.

 

Want to Learn More?

You can find videos, documents, and many other resources that explain the Ariba Commerce Cloud in more detail by going to www.ariba.com/commercecloud

 

 

 

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

 

528 Views 0 Comments Permalink Tags: ariba_network, suppliers, working_capital, supplier_network, network, discovery, ecommerce, order, ariba_exchange, cloud, ariba_discovery, commerce_cloud, supply_lines, network_catalog, invoice_solutions, sales_acceleration, ready, express_content
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The Ariba Commerce Cloud is here.  Future vision is here today.  Speed to Value and a Cloud based Solution Set is here to bring our customers, both buyers and sellers, the value they are looking for by moving outside the "Firewall" and by adopting more "Inter-Enterprise" applications and the features and services that come with this.

 

With this Ariba continues to expand our Ariba Network Partner Ecosystem by partnering with the seasoned Integration as a Service Provider, Hubspan.  Hubspan for 10 years has had the laser focused vision of integrating buyers and sellers to Web Based products, services and solutions.  They have specialized in working with what buyers and sellers have today relative to their middleware infrastructure, behind the firewall technologies and approaches to integrating and transacting outside of their firewall.

 

When Ariba says that commerce is hard, but with the Aribe Commerce Cloud solutions we make it easier, we see this related to not just the features and functionality used on a day to day basis, but also the the initial and ongoing integration required to extend your behind the firewall applications out to the Ariba Commerce Cloud solutions.  Integration and the ongoing stability, reliability and security of how CIO's today integrate into the Cloud is one of the most critical aspects of any Buyer and Sellers Cloud Strategy.  Ariba offers a portfolio of integration options and has optomized this over the last 11 years with the launch of the Ariba Network back in 1999.  Today, with the announcement of our partnership with Hubspan, we have expanded our portfolio of integration options to include another option focused on dealing with your current complexity of your behind the firewall systems where we will offer adaptive integration options to deal with what you have today minimizing the integration IT work needed.  We also offer the option to have the integration infrastructure out in the Cloud and "Pre-Connected" to the Ariba Network ready day one to support all 13 Ariba cXML B2B eCommerce document types.

 

Ariba is the leading provider of cXML based eCommerce document types built into the Ariba Network.  Our customers can "Connect Once" to the Ariba Network for all their electronic transactions needs to do business with their trading partners and to manage their Electronic Supply Chain.  By adding Hubspan to our Ariba Network Ecosystem Partners, we offer an even faster and more flexible integration option all delivered with a simple subscription fee, no standard setup or startup fees.  You can now get up and running to share PO's, Receive Invoices and make Payments with your key business partners.

 

We encourage all of our Buyer and Sellers to consider fully integrating with each other to gain the full benefits of the Ariba Commerce Cloud solutions and to get those benefits faster all under a simple subscription fee.  Connecting to the Cloud is the TOP Strategic Initiative of both CIO's and top business executives today.  Ariba is here to deliver solutions to meet those strategic initiatives.

 

Ariba Press Release:

 

Ariba and Hubspan Team to Connect Companies in the Cloud

07/14/2010

 

Integration service allows businesses to seamlessly connect ERP and other backend systems to partners using the Ariba Commerce Cloud and drive better commerce

SUNNYVALE, Calif., July 13, 2010 – Partner integration is a complex and burdensome task. But it just got a lot easier. Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, and Hubspan Inc., a leading provider of cloud-based business integration solutions, today announced a new service designed to help businesses quickly and cost-effectively connect their ERP and other backend systems to partners using the Ariba® Commerce Cloud™ and reap the benefits that it provides.

"Cloud solutions are the ticket to better commerce, but they must be tightly integrated with systems used to manage internal transactions and interactions with key trading partners," said Bhaskar Himatsingka, Chief Technology Officer, Ariba. "In joining forces with Hubspan, Ariba makes it easier than ever for buyers and sellers to connect their existing order management, financial and online commerce systems to the Ariba Network and take advantage of the services available in the Ariba Commerce Cloud."

The Ariba Commerce Cloud is the most-efficient, effective, and universally adopted platform for global commerce between businesses and contains everything that's needed to drive it, including:

  • Market-leading applications for Spend Management, Collaborative Finance Management, and Sales Acceleration Management – all delivered as scalable, cost-effective and burden-free cloud-based services
  • The Ariba Network, the world's largest Web-based trading community, empowering more than 300,000 global businesses to discover, connect, and collaborate for better commerce
  • Ariba Exchange, the industry-leading customer community where companies can network, share best practices, and collaborate with partners and peers
  • Market, category, technical, strategic and other expert capabilities that can be accessed on-site or remotely via the Web as needed to support ever-changing business needs and objectives

Leveraging Hubspan's cloud-based business integration platform, Ariba will enable companies to seamlessly connect multiple ERP and other backend systems to their partners using the Ariba Commerce Cloud without the high costs and complexity of doing it on their own. Hubspan enables integration and interoperability across all major ERP, Supply Chain, and CRM systems, including SAP, Oracle, PeopleSoft, JD Edwards, Siebel, Salesforce.com, Baan, and more. As a cloud platform delivered as a service, Hubspan manages mappings to all system upgrades and allows companies to scale their integration to the Ariba Commerce Cloud as their systems and infrastructure evolve and change.

"Companies of all sizes need an easier way to manage commerce and exchange information in real-time with customers and partners across the demand and supply chain ecosystem, and many are turning to cloud solutions for the economic and business benefits," said Trisha Gross, President and CEO, Hubspan. "By combining the Ariba Commerce Cloud with the Hubspan integration cloud, companies achieve easy and cost-effective business process integration that drives business growth."

More than 80 percent of the Fortune 500 rely on Ariba to drive more efficient, effective and collaborative commerce. So do 300,000 other companies. To learn more about Ariba's solutions and the value they deliver, visit www.ariba.com

 

 

 

Press Release Links:

 

http://www.ariba.com/news/press_release.cfm?press_id=2906

 

http://www.euroinvestor.fr/news/story.aspx?id=11173562&bw=20100713005017

 

http://cloudcomputing.sys-con.com/node/1462427

 

http://appdev.cbronline.com/news/ariba-hubspan-team-to-connect-businesses-in-the-cloud_140710

 

http://www.marketwatch.com/story/ariba-and-hubspan-team-to-connect-companies-in-the-cloud-2010-07-13?reflink=MW_news_stmp

 

http://finance.yahoo.com/news/Ariba-and-Hubspan-Team-to-bw-558951301.html?x=0&.v=1

 

http://www.tradingmarkets.com/news/stock-alert/arba_ariba-and-hubspan-partner-to-connect-companies-in-the-cloud-1045585.html

 

http://www.scmr.com/article/supply_chain_management_ariba_and_hubspan_introduce_new_shared_solution/

 

scottpezza    Faster integration in complex environments with cost spread over time - a good pitch from @Ariba and @Hubspan http://bit.ly/cwtasG

662 Views 0 Comments Permalink Tags: best_practices, ariba_network, suppliers, procurement, sourcing, invoice, supplier_network, financial_solutions, supplier, p2p, supplier_solution, ariba, supplywatch, customer_success, commerce, frequently_asked_questions
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Whether you've recently joined the Ariba® Supplier Network™ or used it for years, questions often arise about the best way to manage tasks, resolve problems, or make changes. Usually, just a few small steps can make a big difference in maximizing the value your Ariba Network account delivers. But how do you find the answers you need…when you need them? One great way is to take advantage of the handy online "Frequently Asked Questions" guide provided by Ariba Customer Support, which provides detailed responses to many queries. Or you may find the information you're looking for in the following list, which contains 10 of the most common supplier questions. Read on to find out!

 

Why is there no "Switch to Test" link in my account?

There are two reasons why you may have no "Switch to Test" link within your Ariba Network account:

 

  • If you don't have customer relationships established, your account does not have the ability to switch to test. After your company establishes a customer relationship, you will gain access to your test account.
  • Only administrative accounts have access to the "Switch to Test" link, so user accounts don't see the option to access the test account. However, your account administrator can grant you a separate test user account that allows you to log in.

 

Can my Ariba Network account have more than one administrator?

No, only one user can be named the administrator of an Ariba Network account.

 

What are my options for submitting invoices? How do I configure invoice submittal?

As a supplier, you have three options to submit invoices through the Ariba Network:

 

  • Online: Use the invoice creation tools through the Ariba Network website.
  • cXML: Link your external system using commerce extensible markup language (cXML).
  • EDI: Link your external system using electronic data interchange (EDI).

 

To configure invoice submittal, click the "Manage Profile" link in the upper-right corner of the screen. From the Profile Configuration page, click the "Configure" button beneath "Electronic Order Routing." From the Profile page, you can choose and enter information for submittal via one of the above-listed methods. After you finish, click "Save."

 

Must I list my bank account information when providing a remittance address?

No, you can add a remittance address without providing bank account information. Automated clearing house (ACH) and wire transfer information is optional and can be entered to provide direct deposit information for your buyer.

 

I am currently the account administrator, but I'm leaving my position/this company. How can I reassign the account to someone else?

Log into your supplier account at http://supplier.ariba.com and update the following pages:

 

  1. Click the Administration Tab from the navigation bar on top of your screen, then select "Configuration."
  2. From the Profile Configuration page, click the "Configure" button under Basic Profile.
  3. Update this page with the new administrator information in the User Account Information section.
  4. Click the "Save" button in the upper or lower right-hand corner.

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

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0
Whether you've recently joined the Ariba® Network™ or used it for years, questions often arise about the best way to manage tasks, resolve problems, or make changes. Usually, just a few small steps can make a big difference in maximizing the value your Ariba Network account delivers. But how do you find the answers you need…when you need them? One great way is to take advantage of the handy online "Frequently Asked Questions" guide provided by Ariba Customer Support, which provides detailed responses to many queries. Or you may find the information you're looking for in the following list, which contains 10 of the most common supplier questions. Read on to find out!

 

Where can I update my company's contact information?

If you're the account administrator, start by clicking "Manage Profile" from the upper-right corner of your Ariba Network account Home screen. From the Profile Configuration page, click "Edit Configuration" under "Basic Profile." On the "Company Info" tab, enter and update your company contact information, then click "Save."

 

If you're a regular user, you'll need to contact your account administrator to update your company information. If you don't know who your account administrator is, contact Ariba Customer Support to find out.

 

What permissions I can give my users when creating roles?

You can define a wide array of specific permissions when creating users' account roles, ranging from giving them access to reports to viewing customer contracts to managing invoices. A complete listing of the almost 30 different permission settings is available here.

 

How do I set my shared secret? Does this also set my test account's shared secret?

To set your shared secret, choose the "Manage Profile" link in the upper-right corner of your Ariba Network account Home screen. From the Profile Configuration page, click the "Configure" button beneath the Electronic Order Routing profile. From there, choose the "Configure cXML Setup" link at the top of the screen. This setup page gives you the option to enter and confirm the shared secret. Next, click "OK," and from the Electronic Order Routing page click "Save."

 

Note that setting the shared secret on your production account does not set your test account's shared secret. To do that, simply repeat the above steps within your test account, choosing a different shared secret.

 

Why are my payments going to a different address than the one listed in my Settlement profile?

Some buyers on the Ariba Network don't use the settlement information listed in the profile for providing payment. Please contact your buyers directly to verify that they have updated the information within their internal accounting systems.

 

How do I update my company's DUNS number?

The DUNS number is not editable within your Basic Profile. To update your company's DUNS number, please contact Ariba Customer Support.

 

 

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please
click here

 

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If you're a small or midsized supplier, Ariba Receivables Financing offers an excellent solution that can help improve your cash flow: the chance to sell your receivables to capital providers in a secure, online auction process through Ariba ecosystem partner The Receivables Exchange. The result? You get the cash you need quickly at highly competitive market rates. And as Chicago-based Smedberg Machine Corporation recently discovered, that can make a huge difference to your business.

 

As a first-tier supplier of engineered solutions to automobile and metal stampers in the manufacturing sector, Smedberg Machine Corporation provides new equipment and turnkey upgrades–including equipment analysis, design, engineering, manufacturing, service, and aftermarket maintenance–to improve production throughput for its customers worldwide. With an employee base ranging from 35 to 45 people, the company lacks access to the capital resources often available to larger corporations, so late payments from sizable customers can significantly strain cash flow.

 

Drew Hofler, senior manager of working capital solutions for Ariba, spoke with company president Kenneth L. Smedberg to learn how Ariba Receivables Financing proved critical in helping the company maintain its financial health.

 

Drew Hofler: What made you decide to try Ariba Receivables Financing?

 

Ken Smedberg: A situation arose at the end of last year that led us to it. One of our big customers revised its rules about when components needed to arrive at their plant in order to qualify for net 10 payment. Previously the required date was December 18, but they had changed it to December 22 and didn't inform their suppliers about the shift. So I was ready to leave for vacation when I suddenly discovered we weren't going to get paid–which meant we wouldn't have the cash we needed to meet Christmas payroll. Our backs were against the wall until Ariba Receivables Financing came through for us.

 

Also the rates are a lot better. Ariba Receivables Financing just charges a low daily rate–and only for the days until the receivables are paid by the customer. This is in stark contrast to a factor's terms, which are annualized at around 36 to 42 percent no matter how quickly your receivables are paid.

 

Hofler: Why hadn't you used Ariba Receivables Financing previously?

 

Smedberg: We actually weren't very familiar with it. Then when we were scrambling for a solution, my comptroller came in and alerted me to the Ariba financing option; he had read about it on your website. Initially we were cautious, because we didn't understand the cost implications. We thought it was factoring, which is not a financing arrangement we were willing to do because of the expense and the strictures it can place on your business. But when we looked into this, we realized it was a lot different than factoring.

 

Also, when we first heard about The Receivables Exchange, we thought, "Is this someone with a green visor sitting in a basement in New Jersey?" Because we didn't yet know about it, we wondered if we could trust them. Having Ariba as part of the mix reassured us, because we were already using the Ariba® Supplier Network™, which made it a perfect alliance for us.

 

Hofler: How did the registration process go?

 

Smedberg: It happened very fast. The Receivables Exchange was strict and fair and incredibly thorough in its due diligence to check us out. We also received excellent customer service. The people we worked with answered all our questions, and their Liquidity Desk made it easy to create the best auction to get our lowest cost of capital. So Ariba Receivables Financing was there when we needed it to help us with what otherwise might have been a catastrophic situation.

 

Hofler: What are the biggest benefits you see in Ariba Receivables Financing?

 

Smedberg: It offers less risk and a lot more control than we'd have otherwise. Instead of having to depend on our customers or other resources–which frankly are pretty limited these days–we can initiate the process ourselves whenever we have a cash need. Plus we can set up the auction time frames and dictate the maximum discount we're willing to accept, so there aren't any big surprises.

 

Also the rates are a lot better. Ariba Receivables Financing just charges a low daily rate–and only for the days until the receivables are paid by the customer. This is in stark contrast to a factor's terms, which are annualized at around 36 to 42 percent no matter how quickly your receivables are paid. And because it's a competitive bidding process, you have multiple buyers working to win the right to purchase your receivables, which really helps drive down the cost of capital. It's faster, too: you can start submitting your receivables as soon as you're approved, and usually get paid in a day or so after the auction is done.

 

Hofler: What marketplace factors make this a good solution for your company right now?

 

Smedberg: A lot of our customers are lengthening their terms of payment. One of our biggest customers has recently gone to net 60, and another is net 45. We never used to ask for money down, but now we have to. It's only natural that as credit remains tight, larger companies are going to squeeze their smaller suppliers. Before Ariba Receivables Financing, we would have been stuck. Now we have a viable, affordable alternative to help us smooth out our cash flow and stay focused on running our business.

 

Hofler: What sources have you previously used to obtain cash, and how many of those do you still rely on?

 

Smedberg: Really we've just had our credit line at the bank, but the banks are in worse shape than we are, so depending on them is risky.

 

We never had to go for credit lines in the past, but now we're working on larger projects. We're projecting an additional $1 million in revenue this year from work on new infrastructure projects for our customers–building roads and bridges and so on—as a result of the government stimulus package. So we've had to obtain a line of credit based on those budgets.

 

Hofler: Would using your bank line of credit have been a viable option in the Christmas payroll situation?

 

Smedberg: No, the bank would not have been able to lend us that money. And other suppliers are in similar straits.

 

Hofler: Would you recommend Ariba Receivables Financing to other companies?

 

Smedberg: Definitely. There are so many suppliers in the same predicament we were in; everyone is looking for capital, but they've had nowhere to turn and no trusted source to help with cash flow. With all the drastic economic changes going on these days, it's nice to know there's a place to go where you can feel comfortable, especially if you're familiar with Ariba. So this is good news to pass along to them.

 

Hofler: Do you think you'll keep using the solution in the future?

 

Smedberg: Yes, we certainly plan to use it more. We see it as a valuable resource for our business.

 

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.

To subscribe to this permission only newsletter, please click here.

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In Part I of our series, we focused on the importance of understanding third-party electronic networks—including the many benefits they offer and the best ways to leverage them for your business. In Part II, we'll talk about what you should look for in a network in order to reap the greatest rewards.

Though your customers may require you to join particular networks, you can pick and choose which of these networks merit the extra time and effort needed to maximize your eCommerce capabilities on them. You can also evaluate other electronic networks to determine if it's worth joining them independently. Below is a list of key characteristics the best networks provide.

 

A broad range of services and capabilities. Networks that enable you to communicate and transact electronically with customers across the entire business process lifecycle—including everything from marketing and promotion to ordering, invoicing, receivables financing, and payment—will deliver the best ROI. Rather than having to visit multiple sites to conduct different activities and tasks (such as one for order administration, another for invoicing, and yet another for marketing), these networks let you do everything in one place. As a result, you save significant time and effort over the weeks, months, or years that you use them.

 

A clear return on investment (ROI). Another key consideration is the cost of doing business on the networks you join. While it's tempting to only consider free networks, the real question to consider is how much value they deliver. If a fee-based network offers capabilities that generate a faster, bigger payoff for you in terms of higher sales, lower day sales outstanding (DSO), and measurable efficiency gains, your resources will be better spent there. To accurately assess bottom-line value, you should weigh any fees against the monetary value of such benefits as:

 

  • Reduced order and invoice processing costs
  • Faster payment from fewer lost or disputed orders and invoices
  • Higher purchasing volume from customers due to less maverick spend
  • Lower error reconciliation costs via automation
  • Savings on costs of capital through online cash management tools

 

Supplier account management services. The best third-party electronic networks invest significantly in supplier account management. Look for those that provide bundled packages to help you promote your business, benchmark your performance, and meet your goals. Before joining a network, ask to talk with its supplier program experts or those who handle supplier solutions. They should be able to review your business, analyze and assess your current activity against best practices, and develop a strategic business plan with your integration and marketing teams that supports your key objectives. This is crucial in helping you take advantage of the right programs to quickly ramp up efficiency and productivity.

 

Support for expedited payment. While most modern networks provide procurement functions, eInvoicing and ePayment capabilities are essential as well. Networks that allow you to bill and receive payment electronically eliminate the time and expense of printing and mailing paper invoices. They also ensure you get paid faster by removing the delay of waiting for paper checks to arrive in the mail. Networks should also help you manage your cash better through automated receivables financing, early payment discounts, and similar services that you can easily set up online.

 

Demonstrated investment in attracting high-quality buyers. Networks that offer innovative products and services oriented towards attracting reputable buying organizations and partners—and that continually improve and develop those benefits to meet changing marketplace requirements—are more likely to achieve the critical mass needed to drive effective eCommerce and major savings for both buyers and suppliers. Look for networks that show a pattern of steady growth as opposed to those that seem to always have the same number of participants. The more buyers who join, the greater your opportunities for expanding your business portfolio by connecting with and winning multiple new customers.

 

Low cost of entry. Through minimizing potential cost barriers to using the network—not just for you, but for buying organizations as well—the best electronic networks will attract higher usage, which translates into more sales opportunities for you.

 

Sales and marketing assistance. A few electronic networks are now providing opportunities that make it easier for you to market your business to potential new clients. Buyer-supplier discovery and matching tools deliver a critical service to both you and your customers, reducing the time and expense normally required to find and establish mutually productive business relationships.

 

Comprehensive, global support. Electronic networks should also provide extensive support services free of charge in every time zone and geographic location. Look for those that offer expert technical and business process assistance to ensure you and your customers have the help you need at any time.

 

Diverse capital management capabilities. Seek out networks that provide a variety of different ways to help you better handle cash management through early payment discounts, dynamic discounting, receivables auctions, third-party financing options, and similar tools. This is essential in enabling you to reduce risk, lower your cost of capital, and effectively manage your cash flow throughout good economic times and bad.

 

Success in today's economy depends on making the most of your resources—and pursuing opportunities that deliver the greatest value. The networks you may be invited to join will vary widely, ranging from those that support a single business function to those that offer a broad array of functions, easy integration, a critical mass of suppliers and buyers, and programs and infrastructure that support your specific needs. When deciding where to invest, remember that the richer the network you choose, the greater your ROI will be.

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.

To subscribe to this permission only newsletter, please click here.

652 Views 0 Comments Permalink Tags: expedited_ayment, procurement, einvoicing, epayment, marketing_assistance, marketing, capital, services_procurement, services, ariba, ariba_network, network, electronic_network, best_practices, ecommerce, transact_electronically, roi, invoice_processing, invoice, payment, costs_of_capital, supplier_account_management, supplier_solutions
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A growing number of today's buying organizations are using electronic sourcing tools to find and obtain quotes from qualified suppliers. As these events become more popular, knowing how to capitalize on the opportunities they offer can make a big difference to your business–and your bottom line. The following tactics can help you get started on the road to eSourcing success.


  1. Emphasize every asset you bring to the table. Buying decisions are rarely made on the basis of price alone. You need to provide full information in any request for information (RFI) and insure that you accurately convey all your capabilities. Buyers generally make the best total cost decision, and factors like quality, delivery, terms, logistics, and overall market reputation come into play. If you have more to offer than just a low price, make sure the buyer knows what makes you unique.

  2. Develop a position-based strategy. Following a well-thought-out approach based on your position with the buyer can play a key role in determining your success. If you're the incumbent, these steps can help you defend your current business:

    • Understand the market players; anticipate who will be competing against you and position yourself accordingly.
    • Capitalize on your relationship by gathering insight into what the customer values (e.g., service levels, costs, quality, delivery, reputation, technology).
    • Feature your strengths in a unique way that discourages the customer from awarding the business to another supplier.
    • Rely on your history of demonstrated service.
    • Highlight the total cost of doing business (e.g., switching costs, critical timelines, and other requirements you already meet for your customer).
    If you're the challenger, these steps can demonstrate that you offer the best solution: 

    • Know the customer; understand what drives the company to employ this particular approach.
    • Research which supplier(s) currently service the business.
    • Illustrate how your unique strengths and capabilities fulfill or surpass the valued characteristics of the current relationship.
    • With your proven experience, identify process and/or product improvements that will position you as the lower-cost, higher-quality supplier.
  3. Support your team with a good environment. Before the auction, gather your team and make sure all stakeholders are aware of the strategy and are on standby in case additional input is needed. Next, reserve your "war room"–a dedicated space where your team can gather and monitor the activities together, with limited distractions. Finally, be sure to refer back to your plan and act on it as the auction occurs.

  4. Stay on top of technical details. Seemingly minor glitches can sometimes make the difference between winning and losing an eSourcing event. Follow these recommendations from auction support experts:

    • Know all key information, including the exact start date and time; how to contact the buyer, support desk, and key decision makers; and steps needed to access the auction.
    • Stay at your computer until you know bidding has ended, or rotate your position with another colleague if you need to leave the auction.
    • If you experience a technical error or lose your connection to the auction, contact the help desk or buyer immediately.
    • Make sure the buyer has your correct contact information for bid day in case of any urgent messages.
    • Pay attention to the auction web page to look for error notices on your screen, which will instantly tell you if the bids you submit have any problems.
  5. Press for follow-up information on both wins and losses. If you didn't get the business, ask the buyer why and what you can do differently next time to improve your chances. If you did win the contract, find out what considerations drove the buyer's decision. This gives you access to valuable benchmark information that can help you streamline your operation and become more competitive in the long run.

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.

To subscribe to this permission only newsletter, please click here.

444 Views 0 Comments Permalink Tags: best_practices, ariba_network, suppliers, buyer, supplier_network, auction, business, events, success, rfi, business_tools, supply_lines, esourcing, tactics, qualified_suppliers, capitalize, opportunities, online_business, buying_customers
0

A growing number of today's buying organizations are using electronic sourcing tools to find and obtain quotes from qualified suppliers. As these events become more popular, knowing how to capitalize on the opportunities they offer can make a big difference to your business–and your bottom line. The following ten tactics can help you get started on the road to eSourcing success.

 

  1. Pick the right opportunities.Before deciding to participate in an eSourcing event, make sure the opportunity matches your abilities and strategy and that you're the right fit for that particular customer. Don't get carried away and pursue business for which you lack the capacity or capability–you could end up hurting your business and your reputation in the market.
  2. Obtain complete information. Do the bid documents provide sufficient information for you to prepare an accurate and comprehensive quote? If not, take the necessary steps to get it before submitting a bid. Read all materials supplied by the buyer, fully understand the requirements, and don't hesitate to ask questions.
  3. Know your bottom line ahead of time.Enter every competitive quoting project with clear awareness of your desired price and your break-even price. The last thing you want to do is jeopardize the financial health of your company by taking business at a loss, so know when you simply have to get out of a bidding process. This is especially important in eSourcing events, which can move rapidly–making it crucial to have certainty about financial parameters up front.
  4. Give yourself the right tools to react fast. During online sourcing events you will often be bidding on multiple line items within a lot, so you'll need to react quickly to respond to the competition. Do your homework and use a spreadsheet or database so you can immediately update your pricing.
  5. Pay attention to the auction format. Buyers can choose from among multiple auction formats, each with its own unique pricing, timing, and feedback mechanisms that control how information is distributed and received. Before auction day, learn what format will be used and the rules that apply. Is it a standard reverse auction where you see the other bids in the market? Is it a blind auction where you only see your rank against the competition? Is it a Dutch auction where you can win business as a whole or in parts at different price levels? By familiarizing yourself with the auction parameters, you can properly plan your strategy and avoid unpleasant surprises in the middle of the event.

 

 

This article is part of the current issue of Ariba Supply Lines. Ariba Supply Lines is a quarterly newsletter that provides valuable tips, best practices, and the latest thinking to take your online business relationships with your buying customers to the next level.


To subscribe to this permission only newsletter, please click here

787 Views 0 Comments Permalink Tags: best_practices, suppliers, supplier_network, supplier_solution, ariba, supply_lines, esourcing, tactics
3

iPad as a bPad? - Part 2

Posted by Joe Fox Apr 10, 2010


One week after the launch of Apple's new iPad and the response from consumers is very very positive.  My test to see if the iPad is a business-Pad started on Monday April 5th when I brought my wifi only 16g basic iPad to the Ariba office in Sunnyvale, CA.  Below is my conclusion, after just a week.  I thought I'd share with the Ariba Exchange community what I learned.  Mobility for business is emerging and the iPad is positioning itself well to play a role.  I don't think Apple has done well bundling Business packaging and features for us given they are not B2B focused, but B2C, but I do see some Enterprise messaging coming from them and an attempt to support the basics.  Great thing is we now have a iPad/bPad platform to build real business applications because the iPad is fast and has a great UI experience match with excellent usability.  Sky's the limit on what we can think up next for business on the iPad.  If you look at the meaning behind this mobility of the iPad I think you will agree with me that this is an excellent new tool to add to your business productivity toolbox.....  And if you are an executive, I think you will light up the management committee meetings and boardrooms when you walk in with nothing but your iPad. 

 

If you didn't read part 1, see link here

part 1 here - http://exchange.ariba.com/people/jfox/blog/2010/04/05/ipad-as-the-bpad-lets-seeafter-one-day-in-the-office

 

General Business Use:

     - Email - works perfectly, connect to one exchange email, and easy to hook up personal mail, I did gmail.  Nice to have the iPad in meetings to watch email coming in to capture important items, but turn off the email "bing" on receipt as it will drive people crazy. Nice UI when turned landscape, but a little weird when in page view

     - Note Taking - Some great software out there, consider iWorks for iPad, they are great, and only $9.99 each

               - Dragon Dictation will type what you say, but say it right.  My 7 year olds new favorite game cause he never knows what it will type when he speaks silly to it.

               - Sound Paper - records conversation while you take notes so you don't miss anything and you can rewind to get notes right.  Let's you concentrate on what is being said.  When you go back and clean up your notes you can replay.  Then email just the notes to yourself and delete the recording.

               - PadNotes - may be the best for old style note taking, but I need my stylus to be sure.  Great for typing notes

     - Calendar - Amazing, Amazing, Amazing just as it comes from Apple on your iPad.  You must experience it.  Takes you to the day when you get an invite so you can see if you can accept.

     - Browser - Safari is fast, not problems except HTML5 vs. Flash which should take care of itself.

     - Travel - goes without saying that besides needing to pull out one other technology to put in the tray, iPad will change the experience of flying.  8-10 hours of battery life is what I'm getting.  Video, music, email that is synched to the iPad so you can work offline, (with GoGo it will be online in the plane), Pandora in the Hotel room, Calendar.  All without the seat in front of you hitting your laptop, or having your keyboard on your chest as you try to navigate.  And most importantly, iBooks and Amazon Kindle app will ensure you have something to read.  No more heavy magazines.  I predict you will see iPads everywhere on flights over the next few months and a reduction in those "Business Class" Kindles  ;-).......

 

Ariba Application Usage:

     - Supplier.Ariba.Com (receive PO, submit Invoice, update Profile, etc.)

          - VERY fast, and really cool using the application while walking the hall our outside.  iPad offers the same finger zoom in as iPhone which is cool for viewing attached images of original invoice.  I'm not suggesting that the iPad become the powerful AR invoice entry tool, but works great and for the small to medium size business, works very well.  I do suggest this is a great tool for PO-Flip(TM) as small to medium size suppliers could flip PO's while out of the office to reduce DSO.  Every day, Every hour counts when it comes to getting your money.  Easy to Auction a Receivable up to The Receivables Exchange, very easy to get a PO and update your profile.

 

     - Buyer.Ariba.Com (upload Suppliers, Manage Discounts, Manage Payment, etc.)

          - We don't all go to the Buyer Portal, but I found this to be fast, get in and get out for working with Discount Management, Invite a Supplier or manage a payment.  Other areas are fine at desktop.  Really about mobility here.

 

     - Invoice Professional (enter Invoice, respond to Workflow items, reconcile Invoices, viewing Analytics)

          - Also fast and mostly awesome because of the bright screen on the iPad.  Easy to view and finger based zoom great with analytics.  You can use this to watch and check on key reports while in meetings rather than printing.

          - This is also great for a quick check on where something is in the Workflow approval.  Email workflow approval is great when you are being asked to approve, but being able to get into the applications on iPad quickly to see where your PO's and Invoices are in the workflow, who is next to approve and if you need to add a watch can be great for meeting and conversations in the office.  No more need to go back to your desk to see the status of something in workflow or to look at a specific Invoice for discussion.

 

     - Conclusion on Ariba applications, you will love it!  No matter which way you spin your iPad.  I think you will find new ways to use our aps on the iPad.

 

Problems I encountered:

     - No multi-tasking, but if you watch Apple's video online about iPhone OS4 you will quickly see that this problem is going away this summer, and it looks like these great features including multi-tasking will be on the iPad at the same time (roughly) as the iPhone.  if you like Apple you should watch this video.

           Great watching the whole video - http://events.apple.com.edgesuite.net/1004fk8d5gt/event/

     - No Folders - I have lots of applications now...but with OS4 Apple launches folders.

     - Office VPN and wifi security.  Just get ready to ask someone smart at your office to help ensure you have wifi instantly at the office.

     - Many iPhone apps run on iPad but are small (can do x2 size, pixel doubling), but things like skype are cramped until they take advantage of all the new space on iPad.

     - Need a pen, but I've ordered one for $13 to write.  Finger doesn't work well.  But I think this will be great.  Would be good if Apple had these with the iPad.

     - be careful synching back to your iTunes if you have downloaded a bunch of applications directly to your iPad.

     - My own fault, but i have wifi only, would like 3g, but I think I'll get a sprint 3g based micro wifi network so I can share with others and not have to use the Apple 3g plan.  Saves me $130 on the iPad, which I can use to get a Sprint wifi unit that runs off network. I think Verizon has a phone that does wifi broadcast so that would be another great option and your friends will love it.

     - Depending on your size and arm strength you might feel it's a just a little too heavy so watch how you hold it, probably a trade-off for battery life?

     - Finally, sticky fingers from the 7 year old, but iPad cleans easy, very easy.

 

Things I LOVE about the iPad:

     - NEVER crashed

     - NEVER needed to re-boot

     - Easy to carry around, I did buy the standard Apple case with the folding front which helps with carrying around

     - FAST, FAST, FAST for all applications, especially applications in the Cloud like the Ariba Suite of Solutions

     - Sound is GREAT, they use the aluminum case as a resonance chamber, which makes rich sound, for it's size

     - Stream Netflix to your TV by connecting to your TV or home video equipment

     - I think I can travel with just the iPad on many trips, much less to carry and less weight

     - You can skype call from it.  Get iPhone headphones with microphone and you are IP Phone ready.  Only wish there was a Web Cam built in.

     - Get things done faster, the things that distract from spending time with people, my favorite thing to do.

     - Put it down and turn it off, pick it up and it's on in split second, quick check on calendar, quick check on email, skype and back to your day.

 

Suggestions for use with business:

     - get a keyboard, the one in the iPad is great for two hand and one handed, but for real work you need a keyboard.  Bluetooth for $69 is great deal

     - get a stand with the keyboard

     - get a video cable to display presentations on the video projectors in the conference rooms

     - Take time to decide how the iPad fits into your tools

 

  Part 2: Conclusion is I love it for bPad, but the best is yet to come as we see more business applications for the and to take advantage of the concept of Mobility.  Once 4g speed is everywhere I think most will carry something like the iPad.  As business moves away from our desks, becomes personal again I think iPad let's you easily have the Cloud with you when you need it.  Browser based applications in the Cloud work great so for this reason I believe the iPad is a bPad today.  For now, power work will need to be done at a desktop, but maybe just for a while.

 

Finally a treat for those of you who read to the bottom of this email.  You will love thee 10 Essential Tips for the iPad from Fast Company.  My favorites include adding two other apps to your bottom tray (6 in total) and taking Giant Screen Shots to show others what you find cool on your iPad.

     http://www.fastcompany.com/1606645/10-essential-ipad-tips-amp-tricks

 

 

Some other links:

Apple's Perspective - http://www.apple.com/ipad/business/

VentureBeat - http://venturebeat.com/2010/01/27/ipad-for-business-yes-oh-yes/

927 Views 3 Comments Permalink Tags: best_practices, ariba_network, suppliers, procurement, invoice, supplier_network, financial_solutions, einvoice, p2p, supplier_solution, ariba, new_product, saas, connecting_suppliers, productivity, cloud, mobility, ipad, invoice_pro, bpad, apple, invoice_professional, business_tools
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