São Paulo, Brazil – September 18, 2018 - As a leading perfume and cosmetics manufacturer with 4,000 points of sale in Brazil and a presence in 12 other countries, Grupo Boticário is a global leader in the cosmetics industry delivering some of the most popular beauty products on the market today. To ensure it keeps pace with increasing global demand, the company is teaming with SAP and SAP Ariba to build a connected and intelligent supply chain. Leveraging solutions from SAP Ariba, Grupo Boticário has created a simple, digital process through which it can efficiently manage and collaborate across the entire source-to-settle in a simple, smart and integrated way.
Although 84 percent of global companies recognize that digital transformation is fundamental for their survival in the next five years, only three percent of them have completed digital transformation initiatives throughout their operations, as shown by the report SAP Digital Transformation Executive Study: 4 Ways Leaders Set Themselves Apart. Based on interviews with more than 3,000 senior executives from 17 countries, the study identified a set of challenges, opportunities, values and relevant technologies that are instrumental in driving the digital transformation journey. For example, more than half of the companies in Latin America and Brazil expect to increase their turnover in 2018 but are aware that, in the next two years, the speed of change in the market will increase, generating the need to accelerate their go-to-market strategy.
Grupo Boticário is well on the path to digitization.
“The world has gone digital and procurement has gone with it,” said Catalina Manrique, Vice President, SAP Ariba Latin America. “Innovative companies like Grupo Boticário have embraced this trend and are powering new ways of thinking and operating that beyond savings and efficiencies, can create long-term, sustainable advantage for their business.”
Like more than 3.4 million companies in 190 countries – including more than 180,000 in Brazil - Grupo Boticário is connected to the Ariba® Network. And it is using the cloud-based applications delivered on it to drive an efficient digital process for managing its spend from end-to-end in an intelligent way that enables better buying, and ultimately, business decisions.
"We make more than 350 million products every year. That's more than one for every person in the Brazilian population,” said Nicolas Simone, CIO, Grupo Boticário. “Running a business of this magnitude requires a highly synchronized supply chain. And with solutions from SAP and SAP Ariba, we can build one."
Intelligent enterprises operate with visibility, focus, and agility to achieve game-changing outcomes. They do more with less and empower employees through process automation. They deliver a best-in-class customer experience, by proactively responding to customer expectations. They invent new business models, and revenue streams. SAP and SAP Ariba are committed to helping companies do this and become best-run businesses. To learn more about how, click here.
About SAP Ariba
SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than 3.4 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 over $2.1 trillion in commerce gets done every year. To learn more about SAP Ariba, visit 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 404,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com, our pressroom, http://news.sap.com/latinamerica, or follow us on Twitter, @SAPNoticiasLAC.
# # #
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.
© 2018 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.