Spend Management Solutions
Mining companies operate in capital-intensive environments where sourcing must be both efficient and compliant. The SAP Strategic Procurement package, powered by SAP Ariba Sourcing, enables companies to identify high-performing suppliers, negotiate favourable contract terms, and source materials and services at the right time and cost. Embedded advanced analytics ensure that sourcing decisions align with project timelines, operational demands, and regulatory constraints. Intelligent Procurement with SAP Joule Joule, SAP’s AI-powered digital assistant, enhances procurement workflows by enabling users to interact with the system using natural language. Procurement professionals can ask Joule to retrieve supplier bid details, check sourcing event statuses, send reminder emails to suppliers, or display the latest purchase requisitions—without switching applications. This real-time, conversational interface accelerates decision-making, reduces manual workload, and improves sourcing cycle efficiency. Streamlined Supplier Lifecycle Management With SAP Ariba Supplier Lifecycle and Performance (SLP), mining companies can standardize and streamline supplier onboarding, qualification, and segmentation. Suppliers are evaluated based on performance, compliance, and risk metrics, ensuring that only the most capable vendors are engaged. Joule supports this process by retrieving supplier registration statuses, invitation details, and alerting procurement teams about unresponsive or stalled onboarding, enabling timely follow-up. Enhanced Collaboration and Supplier Performance SAP Ariba fosters stronger supplier relationships through consistent communication, performance tracking, and automated feedback loops. Performance data is captured and evaluated across all engagements, allowing procurement leaders to make informed decisions and ensure continuity in supplier quality and delivery. Joule makes these insights instantly accessible, allowing for supplier evaluations and proactive performance discussions in real time. Full Visibility and Control Across the Procurement Lifecycle By integrating sourcing, supplier management, and analytics in a unified cloud solution, mining companies gain end-to-end visibility into procurement activities. Users can monitor spend, track sourcing progress, and evaluate contract adherence through real-time dashboards. With Joule, all this information is available on request—eliminating data silos and enabling strategic oversight.
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