Engro Corp. Transforms Procurement with Ariba
Company implements cloud-based sourcing application to drive standard, best practice process that delivers savings and efficiencies
SUNNYVALE, Calif., September 5, 2013 – Engro Corporation Limited is out to transform procurement as it turns to Ariba, an SAP Company – and the cloud - to do it. Under the terms of a newly signed agreement with Ariba Partner OnProcess Technology, the Pakistan-based company will implement Ariba® Sourcing™, a market-leading, cloud-based sourcing application, to drive a standard, best-practice process for procurement that delivers savings and efficiencies across its global operations.
“In today’s uncertain economy, it isn’t enough to just identify opportunities for savings. To be successful, we must ensure that they actually reach the bottom line,” said Ali Ansari, CEO & President, Engro Corp. “And this means not only deploying technology that allows us to more efficiently source the goods and services we need to fuel our operations, but putting processes in place to ensure that the terms and conditions of the agreements we negotiate are delivered on and complied with.”
To achieve these objectives, Engro will use Ariba® Sourcing™a flexible solution delivered on demand. Ariba Sourcing combines the technology, expertise and services needed to create effective markets for direct materials and indirect goods and services with proven processes that Engro can implement to improve the effectiveness of their procurement operations. The company will also leverage services from OnProcess Technologies designed to enhance and accelerate its results.
“By delivering their solutions in the cloud, Ariba makes it very easy for us to accomplish our goals,” said Imran Daudi, Group IT Manager, Engro Corp.
Engro’s use of Ariba is part of the company’s efforts to transform its procurement operations in ways that enable it to lower costs, minimize risk and optimize performance.
“Cloud-based technologies are unleashing a new model for procurement that is helping companies to improve their productivity, profits and ultimately, their advantage in the marketplace. And innovative organizations like Engro are leading the way,” said Shareen Gongulur, Head of South East Asia Ariba. “With Ariba Sourcing in place, Engro can execute procurement in a more efficient, informed and collaborative way that drives long-term, sustainable growth across its businesses.”
More than 1 million companies rely on Ariba’s cloud-based solutions to buy, sell and manage their cash more efficiently and effectively. To learn more about Ariba’s offerings and the value they can deliver, visit: www.ariba.com
About Engro Corporation
Engro Corporation Limited, formerly Engro Chemical Pakistan Limited, is a Pakistan-based holding company. The principal activity of the Company is to manage investments in subsidiary companies and joint venture, engaged in fertilizers, foods, energy, petrochemicals, trading and chemical storage & handling businesses. For more information on the company, visit www.engro.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 AribaNetwork 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 enablemore than 248,500 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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