Recognizing Industry-Specific Offerings within Direct Spend Sourcing

Objective

After completing this lesson, you will be able to identify industry-specific offerings.

Industry-Specific Offerings within Direct Spend Sourcing

Industry-Specific Offerings

​The direct sourcing capabilities provide separate offerings for the following industries:​

Process Manufacturing (Product sourcing with a material)​

  • Total landed cost calculation and governance
  • Greater quality through collaboration
  • Comprehensive process management
  • Material 360​
  • Cost breakdown analysis

Benefits for Process Manufacturing​

  • Capture more savings by increasing spend under management and reducing direct spend cost​
  • Improve the quality of recipes and bills of materials by collaborating with suppliers and external manufacturers​
  • Accelerate time to market​
  • Increase average savings by using competitive sourcing methods, such as auctions​
  • Identify cost reduction opportunities by gaining visibility into supplier cost structures, pricing, and forecasting​​

Retail Sourcing (Retail sourcing with an article)

  • Simplified RFx development
  • Retail system integration
  • Automation of repetitive processes
  • Improved sustainability performance
  • Electronic RFQ and bid comparisons

Benefits for Retail Sourcing

  • Accelerate time to market for private-label products​
  • Digitize information from the supplier to the product information management system​
  • Reduce source-to-contract cycles by up to 50%, as reported by SAP customers​
  • Automate repetitive sourcing processes for perishable goods, such as produce and dairy, to increase the efficiency of your buyers​​

Discrete Manufacturing (Product sourcing with a Bill of Materials (BOM) and material​​)

  • Electronic RFx and bid comparisons
  • Outsourced manufacturing and BOM collaboration
  • 360-degree view of supply
  • Integration to PLM systems

Benefits for Discrete Manufacturing​

  • Capture more savings by increasing spend under management​
  • Accelerate time to market for new products​
  • Manage complex bills of materials more effectively with product lifecycle management integration​​
  • Gain greater pricing and forecasting visibility​