AUSTRALIA crucial to also consider brand longevity . “ You have to think about every aspect of your procurement journey because these days , people are very savvy . People are on devices 24 / 7 and they know everything about your business . They demand transparency and if you don ’ t align with these growing winds of change , you are isolating yourself ,” she says .
“ The world is a fast-moving place and reputational risk is now first and foremost a priority as part of the procurement function . There are a number of supply chain risks , such as slave labour in the supply chain or fraudulent behaviour . The information is out there , we can source it for you in one place - Ariba . There are no excuses for not knowing what ’ s going on with your supply chain and there should be no knowledge debts , because technology has enabled us to understand every link in the chain .”
Embarking on a digital transformation journey requires you to know of these trends , Hyper-connectivity , Big Data , Cloud , Smart Devices and an awareness of Cyber Security risks enables us to map together with our clients their capacity and capability gaps . This enables us to collaborate to define their road map towards benefits that will optimally leverage technology within their own organisation . It needn ’ t be as drastic or confronting as you may expect it to be , Lorraine adds .
“ From our perspective , it ’ s about enhancing what you ’ ve got , rather than ripping everything out and replacing it . We start by asking : Why , then Where do you want to be , and where are you now ? Our job is to work with you to get from here to there and that conversation is always based on value delivery ,” she says .
“ What we do as a value engineering function is to define value in what we call the four value levers : price reduction , compliance , process savings and cash position . We also have a value realisation team , they have a process around full life cycle analysis to deliver maximum value constantly . As we said previously , you don ’ t buy our software – you buy a business outcome .” www . ariba . com 111