Tuesday 24th April, 2018
SAP Ariba and SAP have announced the launch of Manufacturing Network a cloud-based platform that seamlessly connects companies with manufacturing service providers for collaborating on design through procurement execution.
The news came during SAP Ariba Live conference that kicked off yesterday in Amsterdam.
By collaborating on design, manufacturing and procurement in a coordinated way, companies can optimise production and costs and open the door to innovations and new operating models.
"Manufacturing today is more distributed and global than ever before” said Vasee Rayan, Vice President, Solutions Management, Ariba Network. “To do it well, companies must connect people, processes, things and information, and that’s what networks are all about."
Simon Ellis, Program Vice President – Supply Chain IDC Manufacturing Insights, agrees. “The digitally enabled, thinking supply chain is a critical journey to take for manufacturers, because while efficiency and effectiveness gains will enable returns on investment in the short term, new ways of doing business and the new capabilities they enable will be essential for the future,”
Ellis said, "In leveraging domain specific networks and the technologies underlying them to drive an end-to-end process, manufacturers can drive better efficiency in their supply chains and use that to improve the customer experience."
More than 3.3 million buyers and suppliers are connected to the Ariba Network and use it to transact over $1.6 trillion in commerce on an annual basis. With Manufacturing Network, companies can harness the power, scale and speed of this network alongside SAP’s deep domain expertise to collaborate in new and innovative ways that transform manufacturing.