Hong Kong, Aug 6, 2020 — SAP SE today announced that leading companies across the globe and in Hong Kong selected SAP® Ariba® and SAP Fieldglass® solutions to continue their digital transformation journeys, reducing risk, managing costs and getting work done while keeping supply chains intact to successfully navigate through the current economic upheaval.
In the first quarter of 2020, organizations around the globe chose procurement solutions from SAP including Latin America’s No. 2 Coca-Cola bottler Arca Continental S.A.B. de C.V., German commercial bank Helaba, Japanese IT services provider Hitachi Systems Ltd., Mexican home appliance maker Mabe, U.S. energy company Murphy Oil Corp. and U.S.-based PSEG Energy Holdings LLC.
In Hong Kong, Techtronic Industries (TTI), a world leader in the design and manufacture of power tools, outdoor power equipment, floor care appliances and accessories, has been running SAP Ariba Sourcing for more than a decade to standardize and automate its sourcing processes, attain industry-level compliance and increase savings. In addition, TTI leveraged Ariba’s cloud capabilities to capture complex component pricing, analyze cost and archive its sourcing events, cost and pricing histories.
In addition, during the first quarter of 2020, hundreds of companies completed new implementations of SAP Ariba and SAP Fieldglass solutions, including these:
- Carlsberg Group A/S, a Danish global brewing company, went live with SAP Ariba Buying and Invoicing and SAP Ariba Catalog solutions as part of its migration from the SAP Supplier Relationship Management application to increase compliance and improve spend visibility and control, accounts payable automation and overall user experience.
- Vestas Wind Systems A/S, a Danish company that designs, manufactures, installs and services wind turbines across the world, continues to drive efficiency in its procurement operations with its latest rollout of SAP Ariba Sourcing and SAP Ariba Contracts solutions integrated with the SAP Signature Management applications by DocuSign. The company is now expanding its digital transformation to streamline collaboration with suppliers and mitigate risk with SAP Ariba Supply Chain Collaboration for Buyers and SAP Ariba Supplier Risk solutions.
- Furukawa Electric Co. Ltd., a Japanese high-tech manufacturing company with Latin American headquarters in Brazil, recently rolled out SAP Ariba solutions, automating and standardizing its sourcing and supplier lifecycle and performance processes. By digitally transforming its procurement function, Furukawa Electric expects to improve productivity and realize savings within a few months.
- Grundfos, a Danish provider of pumps for heating, air conditioning, irrigation and other uses, recently implemented SAP Ariba Supply Chain Collaboration for Buyers, with support from Accenture, to streamline processes, transactions and interactions with suppliers. Onboarding suppliers globally will continue in the upcoming years.
Network and Cloud-Based Solutions Match Supply with Demand
In response to supply chain disruption caused by COVID-19, SAP opened access to the SAP Ariba Discovery solution, allowing buyers to post immediate sourcing needs and permitting suppliers on Ariba Network to respond. Since the March 10 announcement, buyer postings and supplier responses increased by 58 percent and 404 percent respectively.
More than 25,000 new suppliers joined Ariba Network in the first quarter, bringing the total number of companies connected to 4.8 million and providing organizations with more sourcing options as they adjust supply chains in this state of disruption. More than US$3.3 trillion in global commerce flows annually through Ariba Network. Concurrently, SAP Fieldglass solutions added nearly 1 million new workers. More than US$55 billion in spend on external workforce flows annually through SAP Fieldglass solutions.
“Together with our customers and partners, we are navigating this new normal,” said SAP Procurement Solutions President Chris Haydon. “We will continue to break down barriers in matching supply with demand and give customers the visibility they need to make informed decisions faster so their businesses, and the global economy, continue to move forward.”
“Companies are seeing new value in digital procurement transformation as the COVID-19 outbreak expands and exacerbates supply chain disruption around the world,” said Fabian Padilla Crisol, Managing Director, SAP Hong Kong. “As the outbreak accentuated the importance of secure sourcing and efficient procurement, it is the right moment for companies to reassess their processes, and evaluate how technologies such as SAP Ariba can help them ensure sourcing transparency, procurement efficiency, and maintain business continuity in a challenging business environment.”
The SAP Procurement Solutions group includes SAP Ariba, SAP Fieldglass and SAP S/4HANA®-based offerings for operational procurement, delivering a comprehensive suite for goods and services procurement and external workforce management.
SAP Ariba solutions provide collaborative commerce capabilities from sourcing and orders through invoice and payment along with expertise to help customers optimize their spend. The solutions drive simple, intelligent exchanges between millions of buyers and suppliers across both direct and indirect expense categories.
SAP Fieldglass solutions are market leading for external workforce management and services procurement, helping global organizations find, engage and manage all types of flexible resources including contingent workers and services providers. SAP Fieldglass solutions connect customers with approximately 6.7 million active external workers.
About SAP
SAP’s strategy is to help every business run as an intelligent enterprise. As the market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
# # #
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.
For more information, press only:
Mr. Benson Chao, SAP Hong Kong Director of Corporate Communications, +852 2539 1800, benson.chao@sap.com
