Spend Management Solutions The SAP Strategic Procurement package delivers strategic value to Consumer Products companies by enabling faster sourcing, smarter supplier collaboration, and greater compliance across a global, fast-moving, and innovation-driven supply base. 1. Accelerated Sourcing for Innovation and Speed-to-Market Consumer Products brands constantly launch new products and promotions. Ariba S2C enables rapid sourcing of ingredients, packaging, and contract manufacturers through guided sourcing workflows and pre-approved supplier pools—dramatically shortening cycle times and accelerating innovation. 2. Improved Supplier Collaboration and Qualification With global supplier networks and shifting consumer expectations (e.g., ethical sourcing, quality, sustainability), CP companies must manage risk and ensure compliance. Ariba simplifies supplier onboarding, qualification, and risk assessments, giving procurement and R&D teams confidence in their partners. 3. Contract Management at Scale with Full Compliance Managing thousands of supplier contracts across regions and categories is complex. Ariba automates contract creation, approval, and lifecycle tracking, ensuring alignment with legal, sustainability, and brand standards—while reducing maverick spend and contract leakage. 4. Cost Optimization Through Competitive Sourcing With pressure on margins and raw material volatility, CP companies need every cost advantage. Ariba supports e-auctions, multi-round bidding, and analytics to drive competitive pricing and ensure best-value supplier selection without sacrificing quality or speed. 5. Risk and ESG Integration Across Sourcing Decisions Consumers expect brands to source responsibly. Ariba integrates supplier risk, diversity, and sustainability data directly into the sourcing process—helping CP companies meet ESG goals, protect their brand, and comply with regulations like EUDR, CBAM, or modern slavery acts. 6. Global Standardization with Local Flexibility For CP companies operating across multiple markets, Ariba offers a standardized sourcing and contracting platform with the flexibility to adapt to local regulations, currencies, and supplier dynamics—ensuring governance without slowing execution.
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