![]() Guided Sourcing provides the ability to track savings more efficiently with built in intelligent recommendations. With Guided Sourcing, ARIBA has brought in AI, Analytics and real time dashboard features to help make informed decisions. eAuctions provides real time updates and streamlines the negotiation process with transparency SAP Ariba transformed and enhanced Sourcing lifecycle management with the capability to choose different event types (RFI,RFP, eAuctions) depending on the nature of engagement. With its advance features for Sourcing, Contracts and Supplier Management, it helps to provide opportunity for end to end insights, visibility and to manage Procurement efficiently. SAP Ariba is a comprehensive procurement tool, well designed to suit majority of Procurement requirements. How these categories and markets are defined Automated spend analysis is used in procurement and sourcing to quantify spend by supplier, category and part, and to identify opportunities for cost reduction and supply base resizing. ![]() ![]() It features rule-based data cleansing, automated category-level classification, analytics and decision support. Most vendors offer these capabilities as separately licensable modules: Spend analysis is a software- and service-based solution for cleansing, enhancing, classifying and analyzing spend data. The strategic sourcing application suite delivers four primary capabilities. Strategic sourcing application suites are used primarily by companies with $800 million or more in annual revenue that, typically, have the necessary critical mass of spend. ![]() Strategic sourcing application suites are a set of related, integrated solutions that support upstream procurement activities in other words, the strategic work the procurement team does for planning, assessment and performance management.
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