Optimize Supplier Spend Reporting
To remain competitive, manufacturing companies are always forced to come up with high-quality goods while having control on the money they spend with their suppliers. Unfortunately, many companies lack sufficient, accurate, and timely insight into supplier spend due to fragmented supplier and material data hosted in data silos across systems.
- Supplier data generated in various lines of business with data locked into silos
- Disparate processes to manage supplier data
- Inefficient processes due to siloed data
- Unreliable reporting based on unconsolidated data
- Unable to accurately analyze supplier spend
To help our customers address this challenge, SAP combines the best of two worlds in a SAP NetWeaver MDM and SAP BusinessObjects Data Services based software bundle for optimized supplier spend reporting.
- Streamline global sourcing processes
- Get transparency on global supplier spend
- Leverage global purchase volume
- Compare vendor prices
- Optimize the supplier base
- Identify duplicate contracts
- Measure contract compliance