Princes Group plc
Empowering a thriving supplier community with SAP Ariba
At Princes Group plc, we envisage a vibrant and interconnected supplier community, where collaboration, sourcing responsibly and efficiency are at the very heart of everything we want to do.
What is Sap Ariba?
SAP Ariba is online software that provides cloud-based procurement services and utilises the SAP Business Network – the world’s largest business-to-business trading platform!
We are committed to leveraging technology and automation to enhance our procurement processes and forge stronger partnerships with our respected suppliers.
Moving forward, we will be using SAP Ariba and the SAP Business Network to manage:
Tenders & commercial contracts (all suppliers)
Procurement catalogues (Indirect Suppliers – Goods Not for Resale)
Electronic exchange of purchase orders and invoices (Indirect Suppliers – Goods Not for Resale)
With full transparency of document status and master data (all suppliers)
What does this mean for our suppliers?
Transacting electronically with Princes UK over the SAP Business Network will become the preferred way of doing future business with us. By joining Princes on the SAP Business Network, you will gain access to a range of opportunities, including:
Benefits | Supplier Groups in Scope |
|---|---|
Enhanced visibility into our procurement needs & sourcing events | All Suppliers |
Seamless communication between buyers and suppliers | All Suppliers |
Streamlined supplier qualification processes | All Suppliers |
Growth Opportunities by providing catalogues | Indirect Suppliers (Goods Not for Resale) |
Streamlined Invoicing minimising errors, and simplifying the payment process | Indirect Suppliers (Goods Not for Resale) |
For suppliers’ of direct materials, packaging and finished products, this is the first phase in transforming our tendering and contracting capabilities, whilst we explore other opportunities for improvement. To support our indirect suppliers move to a new way of ordering & invoicing, we have created a Princes Supplier Information Portal. On this site you will find guidance and tools to help answer any of the questions you may haveÂ