“ What truly makes procurement awesome , and the power we hold so important , is the collective purpose of our profession – to build a community and figure out ways that we can work together to create more ethical supply chains , eradicate slave labour , and level the playing field for everyone ”
— Barry Padgett ,
President , SAP Ariba and sustainable development goals . Supplier Risk and Lifecycle Management , Strategic Sourcing and Spend Analysis , and Commerce Automation ( for touchless processing to remove paper and reduce carbon footprint ) are just a small selection of the firm ’ s solutions enabling companies to zero-in on the most vital data to help build sustainable and ethical supply chains . Its E-Procurement software can mitigate risk while reducing buying cycles by 50 %, cutting supply costs by 10 % and lowering processing costs by 25-60 % with market-leading innovations in guided buying and spot buy . Its solutions support the purpose-driven organisation by empowering them across industries to achieve corporate objectives around purpose . SAP Ariba can help companies utilise spend analytics to optimise purpose-related spend and diversity in the overall supply base , deliver source-to-contract tools that support supplier qualification and compliance verification based on inherent risk factors for each specific engagement . Offering supplier management with a risk and sustainability lens , they enable sustainability evaluation by third parties for environmental , forced
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