SAP Procurement Solutions Team | August 3, 2020
SAP Ariba Discovery, the cloud-based service for matching business buyers and suppliers, will be offered as part of a project currently being implemented by the Japanese government’s Small and Medium Enterprise Agency as a business-to-business e-commerce solution for supporting the overseas and nationwide business development of Japanese small and medium enterprises (SMEs).
The purpose of the “Support Project for Promoting JAPAN Brand” is to facilitate sales channel development and brand establishment across Japan and overseas by regional SMEs. The agency does this by partially subsidizing expenses incurred when Japanese SMEs develop new products and services, implement initiatives for sales channel development and branding to develop their business nationwide or overseas, or acquire new tourism demand. Initiatives that incorporate new methods such as crowdfunding, e-commerce and online business meetings are also eligible for subsidization.
SAP Ariba solutions provide collaborative commerce capabilities from sourcing and orders through invoice and payment along with expertise to help customers optimize their spend. The solutions drive simple, intelligent exchanges between millions of buyers and suppliers across both direct and indirect expense categories. Ariba Network is the world’s largest digital business-to-business network connecting more than five million companies worldwide. SAP Ariba Discovery matches business buyers with qualified suppliers from all over the world. Buyers post their procurement needs, receive and compare bids from relevant suppliers, and quickly make purchases while discovering suppliers that are ready to build long-term sourcing relationships. Removing the supplier response fee and providing open access to SAP Ariba Discovery through December 31, 2020 will enable Japanese SME suppliers to expand their sales channels overseas and find new buyers looking for goods and services, at no cost, which is one of the issues faced by SMEs at this time.
By having SAP Ariba Discovery utilized as an e-commerce solution under the Support Project for Promoting JAPAN Brand, SAP seeks to support overseas and nationwide business development efforts by Japanese SMEs and other entities.