STOCK TITAN

BITZER Optimizes Global Procurement Operations with SAP® Ariba® Solutions

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SAP SE (NYSE: SAP) announced that BITZER, a refrigeration and air conditioning technology manufacturer, has implemented the SAP Ariba Buying solution to enhance its procurement operations. This move aims to streamline processes, increase transparency, and support BITZER's global expansion. With the guidance of apsolut GmbH, BITZER seeks to standardize its procurement on a cloud-based platform, thereby reducing maverick spending and improving compliance with purchasing policies. The integration with SAP S/4HANA is expected to drive better collaboration with suppliers.

Positive
  • BITZER implemented SAP Ariba, enhancing procurement efficiency.
  • The solution supports BITZER's global expansion plans.
  • Centralizes procurement on a cloud-based platform.
  • Reduces maverick spending and improves compliance.
Negative
  • None.

WALLDORF, Germany, May 19, 2021 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that refrigeration and air conditioning technology manufacturer BITZER has implemented the SAP® Ariba® Buying solution with guided buying capability to help streamline and digitalize its procurement operations. With the SAP Ariba solution, BITZER, based in Sindelfingen, Germany, aims to drive a more efficient, paperless, transparent process from sourcing to payment as it executes on its global expansion plans.

"To overcome challenges and thrive in today's business environment, visibility, resiliency and agility in our procurement operations are critical," said Christian Stenzel, BITZER director of organization and IT. "Until now, our employees have procured indirect materials through manual processes. By standardizing on a digitalized procurement process, we are increasing efficiency and transparency across our operation to deliver value for our business."

The company has implemented SAP Ariba solutions to help centralize its procurement operations on a single cloud-based platform, and with help from consulting firm apsolut GmbH, it can continue its digital transformation journey.

For BITZER, SAP Ariba solutions, integrated with SAP S/4HANA®, help to drive a more efficient procurement process and tighter collaboration with suppliers. The guided buying capability in the SAP Ariba solution will help BITZER reduce maverick spending, provide an intuitive purchasing experience and drive more consistent compliance with purchasing policies such as budget limits, minimum bids and preferred suppliers.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP
SAP's strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT) and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want — without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously and make a difference. With a global network of customers, partners, employees and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2021 SAP SE. All rights reserved. 
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/bitzer-optimizes-global-procurement-operations-with-sap-ariba-solutions-301294624.html

SOURCE SAP SE

FAQ

What is the main announcement from SAP regarding BITZER?

SAP announced that BITZER implemented the SAP Ariba Buying solution to enhance its procurement operations.

How will the SAP Ariba solution benefit BITZER?

The solution will streamline BITZER’s procurement processes, increase transparency, and reduce maverick spending.

What technology is BITZER integrating with SAP Ariba?

BITZER is integrating SAP Ariba solutions with SAP S/4HANA to improve procurement efficiency.

When was the press release about BITZER and SAP published?

The press release was published on May 19, 2021.

What are BITZER's goals with the SAP Ariba implementation?

BITZER aims to standardize procurement, enhance operational efficiency, and support its global expansion.

SAP SE

NYSE:SAP

SAP Rankings

SAP Latest News

SAP Stock Data

295.51B
1.17B
6.19%
0.12%
Software - Application
Technology
Link
United States of America
Walldorf