Columbia Sportswear Gives Procurement a New Look with Ariba
Company leverages cloud-based solutions and business network to fuel best-in-class procure-to-pay process that yields efficiencies and savings
SUNNYVALE, Calif., March 24, 2015 – For more than 75 years, Columbia Sportswear Company (NASDAQ:COLM), has been outfitting adventurers around the world. Now, the company is giving procurement a new look. With the help of Ariba, an SAP company, Columbia is transforming its procure-to-pay function, leveraging Ariba’s cloud-based solutions and business network to fuel a best-in-class process that is driving efficiencies, savings and competitive advantage. On April 8, the company will share the story of its success at Ariba LIVE, the premier business commerce event set to take place at The Venetian Las Vegas.
“At Columbia, we’re focused on developing innovative products that enable our customers to maximize their performance. This requires efficient and innovative systems in order to maximize our own,” said Mike Peel, Columbia Sportswear’s head of Indirect Procurement, who will participate in one of more than 70 interactive breakout sessions to be held during the event.
With Ariba, Columbia has access to cutting-edge solutions and the world’s largest business network that enable it to deliver both.
“As one of the most recognized and coveted brands by outdoor enthusiasts, Columbia knows a few things about high performance,” said Tim Minahan, Senior Vice President, Ariba. “In Ariba’s solutions, Columbia has a powerful set of tools it can use to optimize its supply chain, cost structure and performance while continuing to help its customers reach new levels of excellence.”
Like many companies, Columbia traditionally struggled with procure-to-pay operations that relied on paper and manual processing. This led to lengthy processing cycles, high administrative processing costs, too many invoice errors and a difficult time enforcing compliance. With Ariba, Columbia found a way to overcome these challenges.
By integrating Ariba’s cloud-based applications for procurement and invoicing delivered on the Ariba® Network with its SAP ERP system, the company has automated its procure-to-pay process and better aligned its purchase and accounts payable functions. And it is seeing results.
In less than a year, Columbia has transitioned more than 1,200 suppliers to electronic invoicing, dramatically reducing the amount of paper invoices it receives. It has significantly compressed its invoice processing cycle time by enabling electronic workflow, including email approval via mobile devices. And assisted by a simple PO-Flip® process through which it can automatically convert electronic purchase orders into electronic invoices that are error free and an exact match, it has improved compliance.
“With Ariba, we have moved from an inefficient, high-touch procure-to-pay process to one that is nearing world class—eliminating the touch points, accelerating invoice processing, and helping us enforce compliance to POs and contracts,” Peel said.
Columbia joins an all-star roster of companies set to attend and present at Ariba LIVE. For more information on the event or to register, visit www.aribalive.com
About Columbia Sportswear
Columbia Sportswear Company markets lifestyle apparel, footwear, accessories and equipment through a portfolio of brands for active lives. Founded in 1938 in Portland, Oregon, the company's brands are today sold in approximately 100 countries. In addition to the Columbia® brand, Columbia Sportswear Company also owns the Mountain Hardwear®, Sorel®, prAna®, Montrail® and OutDry® brands. To learn more, please visit the company's websites at www.columbia.com, www.mountainhardwear.com, www.sorel.com, www.prana.com, www.montrail.com, and www.outdry.com
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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 more than 282,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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