Alkem Laboratories selects SAP Ariba Solutions to accelerate procurement transformation
Alkem Laboratories (Alkem) has announced the selection of SAP Ariba solutions to help digitalize procurement and increase efficiencies in line with its growth strategy.
To sustain future growth, the company is now focused on improving efficiency and optimizing costs across all processes, which will give Alkem a greater competitive advantage within a cost-conscious market. By digitizing its source-to-settle process, Alkem expects to transform the buying experience with intelligent insights and better supplier collaboration as well as increase transparency and sustainability.
With the SAP Ariba Strategic Sourcing portfolio, Alkem will be able to manage its sourcing, contracting and spend analysis processes across direct and indirect materials and services all in one place. The SAP Ariba Snap program includes enterprise-class procurement offerings meant to help fast-growing midsize companies move quickly to the cloud. Alkem chose these SAP Ariba solutions because of their breadth, depth and reach -
Breadth: End-to-end source-to-settle platform with native integration with SAP S/4HANA
Depth: Best-price discovery with sourcing strategies and competitive bidding
Reach: Reduced crisis management through better supplier collaboration and order transparency
Ariba Network is where the world comes to do business together. When companies connect to Ariba Network, they connect to millions of suppliers across direct and indirect spend categories.
“Digitalizing procurement can transform supply chains and support growth strategies. Alkem’s unwavering commitment is to make a difference to patients’ lives around the world a commendable goal we hope to support by accelerating its adoption of Intelligent Spend Management. Our SAP Ariba solutions will help Alkem reduce costs, improve efficiency, increase transparency and encourage supplier collaboration while integrating with existing systems including SAP S/4HANA which will help the business run better and, in turn, improve more people’s lives,” said Ben Redwine, chief operating officer, SAP Ariba Asia Pacific Japan.
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
Virescent Infrastructure collaborates with IBM and SAP to start its hybrid cloud journey
IBM announced that Virescent Infrastructure, a renewable energy platform backed by leading...
Aeris Communications announces Enterprise Voice Solution - Claerityai
Aeris Communications has launched the Enterprise Voice Solution – Claerityai –...
Rezo.ai enables logistics companies with AI-powered contact centers
Rezo.ai is enabling some of the logistics companies to create a smart workforce and reduce...
START - UP
PERIPHERALS
INDUSTRY EVENTS
Zoom is coming with Innovations to Ignite the Next Era of Communications
Zoom has kicked off Zoomtopia 2021, unveiling plans for innovations across its platform de...
Trescon's World Cloud Show Comes Back to India for the 3rd Time with its 10th Global Edition
Taking place on 15 September 2021, the event will virtually convene India' leading Clo...
VIA unveils VIA Mobile360 Heavy Equipment Safety System at MINEXPO® 2021
VIA Technologies, Inc. today announced that it will unveil its new VIA Mobile360 Heavy Equ...
19th Infotech Forum highlights that the pandemic fast-tracked Digital Transformation escalating importance of data and security
Digital technology has transformed nearly every aspect of life, starting from travel, work...
E- COMMERCE
