Ferrero to use SAP Ariba’s procurement technology
Confectionery giant Ferrero has revealed it will implement SAP Ariba cloud-based solutions to efficiently manage spend from end-to-end.
With calls for tighter regulation and demand for organic alternatives on the rise worldwide, food production is a more complex business than ever. And managing costs and risk is critical to success.
Ferrero will connect to the Ariba Network and use a range of the cloud-based applications delivered on it to fuel a comprehensive source to settle process. The solutions Ferrero will use will include SAP Ariba Strategic Sourcing Suite; SAP Ariba Supplier Risk; SAP Ariba Spend Analysis; SAP Ariba Buying and Invoicing; SAP Ariba Commerce Automation; and SAP Ariba Supply Chain Collaboration.
They are expected to help Ferrero manage its buying process from source to settle, while controlling spend, minimising risk, identifying new sources of savings and building a sustainable supply chain.
Jane Scott, CIO at Ferrero Group, says, “For years we tackled procurement using different systems and applications. We are sure that now, through an integrated platform on which we can consolidate all of our spend and collaborate with a global network of partners on everything from sourcing and orders through invoicing and payment, we will better achieve our goals.”
Paul Devlin, general manager at SAP Ariba, EMEA and MEE, adds, “Procurement isn’t a discreet function that can be performed in silos. To do it well requires an integrated, digital approach.”