WALLDORF, Germany, Jan. 29, 2020 /PRNewswire/ -- SAP SE (NYSE:
SAP) today announced Alkem Laboratories (Alkem), a leading Indian
pharmaceutical company committed to enabling people around the
world to live healthier lives by increasing access to its
high-quality healthcare solutions, selected SAP®
Ariba® solutions to help digitalize procurement and
increase efficiencies in line with its growth strategy.
Established in 1973, Alkem is engaged in the development,
manufacture and sale of pharmaceutical and nutraceutical products
with global operations in more than 50 international markets. With
five research and development centers around the world housing
about 500 scientists and over 1,500 product filings, Alkem is
emerging as a significant player at the global level.
To sustain future growth, the company is now focused on
improving efficiency and optimizing costs across all processes,
which will give Alkem a greater competitive advantage within a
cost-conscious market. By digitalizing its source-to-settle
process, Alkem expects to transform the buying experience with
intelligent insights and better supplier collaboration as well as
increase transparency and sustainability.
"Digitalizing procurement can transform supply chains and
support growth strategies," said Ben
Redwine, Chief Operating Officer, SAP Ariba Asia Pacific
Japan. "Alkem's unwavering commitment is to make a difference to
patients' lives around the world — a commendable goal we hope to
support by accelerating its adoption of Intelligent Spend
Management. Our SAP Ariba solutions will help Alkem reduce costs,
improve efficiency, increase transparency and encourage supplier
collaboration while integrating with existing systems including SAP
S/4HANA — which will help the business run better and, in
turn, improve more people's lives."
With the SAP Ariba Strategic Sourcing portfolio, Alkem will be
able to manage its sourcing, contracting and spend analysis
processes across direct and indirect materials and services — all
in one place. The SAP Ariba Snap program includes enterprise-class
procurement offerings meant to help fast-growing midsize companies
move quickly to the cloud. Alkem chose these SAP Ariba solutions
because of their breadth, depth and reach:
- Breadth: End-to-end source-to-settle platform with native
integration with SAP S/4HANA®
- Depth: Best-price discovery with sourcing strategies and
competitive bidding
- Reach: Reduced crisis management through better supplier
collaboration and order transparency
Ariba Network is where the world comes to do business
together. When companies connect to Ariba Network, they connect to
millions of suppliers across direct and indirect spend categories.
To learn more, visit www.ariba.com.
Visit the SAP News Center. Follow SAP on Twitter at
@SAPNews.
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world work better and improve people's lives. For more
information visit www.sap.com.
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