Navantia is a Spanish, state-owned shipbuilding company dedicated to the design and construction of high-tech military and civilian vessels. They have commercial offices around the globe, and their mission is to develop competitive naval programs and serve national security.
Lacking effective supplier collaboration tools and relying on manual communications processes, they worked with SAP Ariba to improve transparency in their procurement processes and gain a competitive advantage.
Navantia implemented several SAP Ariba solutions. They have increased the number of invoices they receive electronically, while reducing time spent on supply chain activities. Sourcing cycle time has been cut by 25% and process efficiencies improved by 52% as they work to better serve the global naval market.
Spend a few minutes with this video testimonial to learn more.