Scoutbee, Sap Partners To Assist Firms Explore Strategic Suppliers By CIOTechOutlook Team

Scoutbee, Sap Partners To Assist Firms Explore Strategic Suppliers

CIOTechOutlook Team | Tuesday, 10 October 2023, 02:37 IST

In order to make it quicker and simpler for customers to locate and invite new suppliers to sourcing events that suit their strategic goals, Scoutbee, a leading AI-powered supplier intelligence and discovery platform, announced an expanded relationship with SAP. In the first quarter of 2024, Scoutbee intends to make Scoutbee Discovery available alongside the SAP Ariba Sourcing solution.

“As an avid user of SAP Ariba Sourcing and a Scoutbee customer, we're excited about the seamless integration between these solutions,” said Michael DeWitt, Vice President of Indirect Spend Management, Walmart International. “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.”

Scoutbee’s AI-driven supplier discovery capabilities help companies find new suppliers that advance strategic business imperatives, such as risk management, nearshoring strategies, environmental, social, and governance (ESG) and diversity, equity, and inclusion (DE&I) initiatives, and more. With the integration, companies running a sourcing event in SAP Ariba Sourcing will 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 as per business wire.

“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,” said Gregor Stühler, Scoutbee’s CEO and Co-founder. “SAP is an industry leader, and we’re thrilled to partner with them to help more companies increase their competitiveness and resilience through supply base innovation.”