We speak with Regional Procurement COO Lead Deepak Gopalakrishnan regarding how the procurement industry is transforming to provide increased value for clients
The rise of new apps, cloud services and mobile technologies has transformed the way in which consumers live and work. With increased expectations and need for businesses to adapt against ever-changing market conditions, businesses want information at the click of a button in order to gain insights how to manage spend, strengthen relationships with stakeholders and suppliers, and to look at potential processes to unlock savings.
With a GDP of $2.4trn, Southeast Asia remains the third largest population in the world, and is a significant driver behind a number of digital services. Businesses are looking for services and technologies which enable increased scalability and efficiency, providing significant value for money.
The region has seen an unprecedented rise of small and medium sized enterprises (SME’s). Over 7bn people will be connected to the internet by 2020, granting businesses with the need to uncover new opportunities within procurement, and develop a robust, digitally-savvy workforce which enables technical innovation.
SAP is responsible for developing solutions, applications and services enable business and public sector customers to operate profitably, adapt continuously, and grow sustainably. The company’s focus is to help customers transform into intelligent enterprises by leveraging the cloud and building a digital business framework. In order to execute this successfully, SAP has had to transform its procurement services.
“We’ve been focusing on adopting cutting edge technologies and solutions, and have been adopting SAP Ariba’s full suite,” explains Regional Procurement COO Lead Deepak Gopalakrishnan.
Procurement 2025
By 2025, it is predicted that the procurement sector will become one of the most significant value creators for businesses worldwide. Consequently, SAP is placing increased focus in this area, safeguarding its future interests and enabling further business opportunities. Whilst procurement has mainly been perceived solely as a traditional governance function, Deepak explains that “SAP Global Procurement Organization has positioned itself as a value enabler,”
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source http://news.statii.co.uk/sap-transforming-within-procurement/
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