IBM supports ABB Group’s procurement digitisation
Supporting ABB Group’s procurement digitisation journey, IBM has been contracted by the global technology group to launch SmartBuy, a newly designed end-to-end employee purchasing program.
The program is expected to match the ease of traditional online shopping, with an intuitive and fast search engine. In addition, the solution has also been designed to automate the process of finding, procuring and managing ABB’s supplier network, including services such as self-registration and contract processes.
"We wanted to transform our eProcurement processes to drive business value and create a better experience for our user community and suppliers while avoiding the need for major training and allowing for an increased level of self-service Along with IBM's industry experience and guidance, we chose SAP Ariba solutions because we believe in their ability to help elevate our procurement function and support our longer-term business objectives,” commented Daniel Stumm, ABB's Head of Indirect Procurement.
In the announcement made by IBM, the company explains that organisations like ABB that are on a journey to become a true cognitive enterprise, are increasingly looking to modernise their ERP systems. However, they can loften ack maturity and the flexibility needed to support rapid business growth. “By building intelligence directly into their enterprise systems, the foundation is set to apply technologies like AI and blockchain in the future, to help unlock new value for customers,” stated .
Designed to help provide ABB employees with enhanced self-service methods to purchase indirect materials and services, as well as guide users to preferred suppliers, processes and policies, the SmartBuy program has at its core.
The program will provide 24/7 support with an intuitive, single, self-service interface, as well as establish a seamless experience that aligns with ABB’s corporate policies.
Contracted by ABB, IBM has completed over 5,500 successful SAP projects, helping more than 400 businesses to transform their enterprise systems with SAP S/4HANA. IBM was asked to help design and implement SmartBuy by the global technology group.
"At IBM, we believe that there is more to an eProcurement solution than just cost savings, we're also focused on security and user experience. With SmartBuy, ABB can tap into the power of AI to help remove manual error-prone repetitive tasks and long search times for products and manufacturers, allowing procurement resources to focus on more strategic operations. And while running SAP Ariba solutions in a hybrid cloud environment, we're able to make ABB's systems and processes more intelligent without sacrificing existing security controls,” concluded Neil McCormack, managing partner - Geo Leader, IBM Services EMEA.
SAP Ariba to digitise procurement for Expo 2020 suppliers
The global trade event, this year hosted in Dubai, was rescheduled from last year and will now take place between 1 October 2021 and 31 March 2022.
As the event’s Innovative Enterprise Software Partner, SAP Ariba solutions will fully digitise and automate the procure-to-pay lifecycle, providing a streamlined experience for thousands of market leading, global suppliers and strengthening the global supply chain with enhanced transparency and efficiency. The cloud-based platforms operate through on SAP Ariba’s UAE public cloud data centre and connects to the Ariba Network.
Expo 2020 "a long-term investment"
Mohammed AlHashmi, Chief Technology Officer, Expo 2020 Dubai, said the world trade event is “a long-term investment in the future that aims to enhance opportunities for sustainable business connectivity and growth”, which stretches beyond Expo 2020’s six-month window.
“Our partnership with SAP is an example of what can be achieved with the invaluable support of our technology partners to host one of the most digitally advanced World Expos ever,” he added. “The implementation of SAP Ariba solutions has transformed our end-to-end procure-to-pay cycle and helped set new standards of procurement automation for projects of this scale.”
To date, more than AED 1bn has already been transacted by Expo 2020 suppliers through SAP Ariba. The platform promotes collaborative partnerships and allows registered users to participate in sourcing events, negotiate and initiate contracts, and centralise their invoicing and payments in real time.
Claudio Muruzabal, President of EMEA South, SAP, said: “Expo 2020 Dubai is demonstrating global best practices in digitising its procurement process with SAP Ariba solutions to help gain visibility into its spend, tighten collaboration with its suppliers, and achieve process automation, including completely paperless invoicing.”
About Expo 2020 Dubai
Expo 2020 will take place in Dubai and is the first of the long-running World Expos to be hosted in the Middle East, Africa and South Asia territory. The original World Expo, called the Great Exhibiton, was hosted in 1851 at the Crystal Palace in London, designed as a showcase for the innovations of the Industrial Revolution.
Expo 2020 was originally due to run 20 October 2020 to 10 April 2021, but was last year postponed in light of COVID-19 restrictions - though some business has already taken place virtually. The event will place greater emphasis on innovation in sustainable solutions through the Sustainability District, blending technology and culture. It is expected that around 70 per cent of the 25 million attendees will be international visitors.