Scoutbee has announced an expanded partnership with SAP to help customers find new strategic partners.
Scoutbee’s AI-powered supplier discovery capabilities are planned to be integrated with SAP Ariba sourcing solution where customers will not only be able to better find strategic suppliers but will have the ability to invite suppliers to sourcing events to meet their needs faster and more efficiently.
With Scoutbee’s AI-driven supplier discovery capabilities, companies find new suppliers that advance strategic business imperatives such as risk management, nearshoring strategies, environmental, social and governance and diversity, equity and inclusion initiatives.
This new SAP integration will allow companies running a sourcing event in SAP Ariba Sourcing to be able to instantly pull in new suppliers from Scoutbee that meet key sustainability, diversity, cost and risk criteria and add those suppliers directly into the sourcing event, without having to leave the event screen.
Gregor Stühler, CEO and co-founder, Scoutbee, said: “Companies are increasingly leaning on eSourcing tools as they actively look for ways to redistribute their supply base to reduce risk, save money and advance multiple strategic priorities.
“The integration of Scoutbee’s supplier discovery capabilities with SAP Ariba Sourcing will make finding the best new suppliers to invite to bid effortless for customers. SAP is an industry leader, and we’re thrilled to partner with it to help more companies increase their competitiveness and resilience through supply base innovation.”
Baber Farooq, senior vice president, market strategy and procurement solutions, SAP, said: “Our sourcing capabilities have always been built with speed, simplicity and innovation at the center. Every advancement within the tool is designed to help our customers save time, speed sourcing cycles and solve key business challenges. Scoutbee’s integration will help our customers supercharge supplier discovery and quickly find the very best suppliers and value-generation opportunities for their businesses.”
As a gold sponsor of SAP’s Spend Connect Live event, held from October 9 to 11 in Vienna, Scoutbee’s CEO Gregor Stühler and Walmart International’s vice president of indirect spend management, Michael DeWitt, are planned to present a session called ‘How Walmart and Scoutbee partner to find the right suppliers’.
DeWitt said: “As an avid user of SAP Ariba Sourcing and a Scoutbee customer, we’re excited about the seamless integration between these solutions. Scoutbee enables us to more rapidly find exactly what we are looking for in a supplier. Whether we need to identify suppliers in a specific region, category or are interested in sustainability, diversity, risk reduction or cost competitiveness, we can identify the best suppliers more quickly.”