To cater to this challenge SAP Ariba offers “Ariba Supplier Lifecycle and Performance (SLP)” which acts as a single hub for storing all Supplier related information and is shared by multiple cloud applications like SAP Ariba Buying and Invoicing, Ariba Sourcing and Contracts. Finding a qualified vendor is a major challenge and managing multiple vendors is also a cumbersome task. Organizations invested on traditional ERP systems, spending a lot of time on finalizing agreements for critical raw materials for their manufacturing unit. Similarly, when it comes to sourcing, in big enterprises or for that matter in all kinds of big or small companies it becomes an even bigger challenge. It makes our life very easy and enables us to get the best deals with minimal hassles. We have online commercial portals providing us a huge number of options where we get to see a huge supplier network. Today, thanks to the new era of digitization, we get all this and more in the comforts of our home. It was very difficult to reach out to every vendor in every corner of the world to get the perfect deal that meets all our expectations. In the earlier days it was a cumbersome task with limited options. It’s a big discussion point in every household when it comes to choosing the perfect deal. In today’s world, smart and informed shopping has become a common affair.

Ariba vendor management