Green Cross Transforms Procurement with SAP Ariba

Biopharmaceutical company leverages cloud-based applications to drive integrated digital process for managing spend from end to end

SEOUL, SOUTH KOREA – JUNE 20, 2017 – Green Cross Corporation (Green Cross), is out to cure the ills of a fragmented, manual procurement process and build a healthy supply chain. And the company will use solutions from SAP Ariba to do it. An aspiring leader in the global bioengineering industry, Green Cross today announced that it will implement a range of SAP Ariba’s cloud-based source-to-settle applications to drive an integrated digital process for managing its spend from end to end.

“Green Cross has decided to deploy an integrated procurement strategy in order to accomplish process improvement and innovation,” says Ryu Man-Kyu, Associate Director of Purchasing at Green Cross, “With SAP Ariba’s innovative technology and business network, we can fuel a simple, transparent procurement process that delivers savings, efficiencies and market advantage.”

With more than 2.8 million connected companies transacting over one trillion dollars in commerce on an annual basis, SAP Ariba is the largest, most global business-to-business network in the world. Through the Ariba® Network and the cloud-based applications delivered on it, SAP Ariba integrates the entire procurement process, enabling buyers like Green Cross to connect to millions of suppliers across direct and indirect expense categories and manage everything from sourcing to payments and financing in a few simple clicks.

Among the SAP Ariba solutions Green Cross will use:

  • SAP Ariba Spend Analysis™
  • SAP Ariba Sourcing™
  • SAP Ariba Contract Management™
  • SAP Ariba Buying™

Green Cross will implement the solutions alongside its SAP ERP system to extend the simplicity, power and speed that it delivers outside the four walls and collaborate with customers, partners and suppliers in new and innovative ways that transform their supply chain.

“The digitization of business is taking hold among companies around the world and Green Cross is leading the way in Korea,” said Ben Redwine, General Manager, SAP Ariba, Asia Pacific Japan. “In embracing solutions from SAP Ariba, the company can drive an innovative, digital procurement process that beyond savings and efficiencies, delivers broad business value.”

To learn more about SAP Ariba solutions and the value they can deliver, visit www.ariba.com

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Acerca de SAP Ariba

SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than 2.8 million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can connect with profitable customers and efficiently scale existing relationships - simplifying sales cycles and improving cash control along the way. The result is a dynamic, digital marketplace, where more than $1 trillion in commerce gets done every year.

To learn more about SAP Ariba, visit www.ariba.com

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 350,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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Media Contact:
Karen Master
SAP Ariba
+1 412 297-8177
karen.master@sap.com