Technology Magazine May 2018 | Page 144

SAP ARIBA

The very nature of procurement and the supply chain is changing . Advancements in technology and innovation have significantly shortened the lifecycle of products , forcing suppliers and procurement functions to transform their approaches .

As procurement and supply chain has changed , so too has SAP Ariba . Speaking at SAP Ariba Live in Las Vegas earlier this year , Marcell Vollmer , the company ’ s Chief Digital Officer , looked to the future of procurement and more importantly , how it will continue to move beyond delivering cost savings and process efficiencies .
“ For the last two decades , procurement has been on a journey that has led to dramatic transformation . But the journey is just beginning ,” Vollmer said . “ Over the next 10 years , companies will face more opportunity and disruption than ever . And procurement will play a critical role in maximizing these opportunities to create business value . In embracing digital technologies and strategies , procurement can reimagine the function and beyond delivering cost savings and process efficiencies , fuel innovation and market advantage .”
Mark Schenecker , VP Supply Chain , Procurement & Networks with SAP Ariba , has seen this transformation happen first hand in large scale organizations , both in culture and in practice .
144 May 2018