Lenovo is revamping its procurement processes by implementing digital solutions from SAP Ariba across its global operations with support from Deloitte to attain business innovation and growth while achieving cost savings and operational efficiencies.
As a large organisation, Lenovo has traditionally suffered from decentralised purchasing, with purchases being made in many locations by many groups using many different systems and processes. They decided to harness cloud-based applications to create a collaborative integrated digital process for sourcing goods and services.
“We needed a standard way to manage procurement that would allow us to not only manage our costs, but minimise risks, and an integrated system to drive it,” said Sophie Zhu, procurement director, Lenovo. “Working with SAP Ariba and Deloitte, we proposed new functional requirements and developed a financial management solution that could accommodate our unique needs,” she said. “And they delivered.”
Deloitte helps organisations use SAP Ariba to optimise their procurement processes, manage their customer and supplier relationships and improve their bottom line.
“SAP Ariba provides a powerful platform to drive simpler, smarter sourcing,” said Lai Youyou, SAP consulting partner, Deloitte. He said that there is a very aggressive timeframe for a new transparent and collaborative negotiation process involving functional and technical experts from China and the US. The end result will enrich Deloitte’s experience in SAP Ariba’s applications and assist both companies to take advantage of emerging business opportunities in the rapidly growing local market.
“The world has gone digital and procurement has gone with it,” said Gareth Bowen, head of SAP Ariba, Greater China. “Innovative organisations like Lenovo that are embracing the trend can power new ways of thinking and operating that go beyond savings and efficiencies to create long-term, sustainable advantage for their business.”