Become an SAP Ariba Sourcing Expert: Masterclass

What you will learn:

Master SAP Ariba's source-to-contract process optimization.
Configure and utilize the SAP Ariba dashboard for efficient procurement.
Create and manage sourcing projects and events from initiation to completion.
Develop and execute RFIs, RFPs, and various auction types within Ariba.
Implement event rules, monitor bids, and assess supplier responses effectively.
Utilize templates for streamlined event creation and management.
Execute award optimization strategies for optimal cost savings.
Implement alternative response techniques for enhanced supplier collaboration.
Employ sealed-envelope bids and manage global sourcing events.
Utilize Ariba's grading, scoring, and supplier evaluation tools.
Generate and interpret comprehensive sourcing event reports.
Integrate Microsoft Excel for efficient data handling and analysis.
Differentiate between strategic and tactical sourcing and their applications.
Understand spend management challenges and how Ariba addresses them.

Description

Transform your procurement career with our in-depth SAP Ariba Sourcing Masterclass!

This comprehensive course provides hands-on training in every aspect of SAP Ariba's sourcing capabilities, guiding you from beginner to proficient user. Learn to streamline sourcing events, optimize supplier collaboration, and implement leading-edge procurement strategies. We'll explore the entire source-to-contract lifecycle, from project setup and template creation to sophisticated techniques such as award optimization and reverse auctions.

Developed by procurement and strategic sourcing experts Simon and Verna, this course features real-world examples, practical exercises, and downloadable resources to accelerate your learning. Master the interface, leverage advanced tools (like grading, scoring, and conditional content), and develop the skills needed to excel in a competitive job market. This isn't just theory; you'll gain the confidence to handle real-world sourcing challenges and build a powerful portfolio to showcase your expertise.

What awaits you:

Deep dive into SAP Ariba's functionality and its impact on procurement.
Efficient management of sourcing events and projects.
Advanced skills in using templates, grading systems, and scoring mechanisms.
Strategies for achieving cost savings and maximizing value.
Confident execution of RFPs, reverse auctions, and sealed-envelope bids.
Proven techniques for supplier collaboration and contract negotiation.
Data analysis and reporting to track procurement performance.

Gain lifetime access, downloadable materials, quizzes, and a 30-day money-back guarantee. Start your journey to procurement excellence – enroll today!

Curriculum

Introduction

This introductory section welcomes you to the course and sets the stage. The "Welcome" lecture provides an overview, while "What You Should Know" prepares you with essential prerequisites. Finally, "Exploring SAP Ariba: Key Concepts and Procurement Strategies" lays the groundwork for understanding the platform's role in procurement processes. This section concludes with three short assessment questions to check your initial understanding.

Understanding SAP Ariba

Gain a foundational understanding of the SAP Ariba platform and its application in procurement. This section starts by exploring common challenges in spend management, then introduces SAP Ariba and SAP Ariba Sourcing specifically. A dashboard navigation demo enhances practical understanding, followed by a case study on the source-to-contract process. The section concludes with a quiz designed to reinforce key concepts and includes access to special bonus materials valued at $199.

Creating Events & Managing Projects

Learn to create and manage sourcing projects and events from start to finish. This section guides you through the process of creating a sourcing project, adding details, and assigning tasks. Demos illustrate each step, and lectures cover creating an event (including rules and supplier selection), monitoring progress, evaluating bids, awarding contracts, and project completion. The section wraps up with a quiz that evaluates your ability to create and manage events effectively.

Managing Event Templates and Rules

Master the use of templates, rules, and conditional content to optimize your sourcing events. You will explore the sourcing library, learn to use conditional content, and learn about grading and scoring systems. Demos cover setting up scoring and publishing events, grading events, and using Microsoft Excel for importing/exporting content. A quiz ensures you have absorbed the material.

Leveraging Alternative Responses and Cost Optimization

This section focuses on advanced strategies for cost optimization and maximizing value through alternative responses and pricing options. Learn how to use alternative responses, understand pricing options (including total cost RFP), and explore award optimization techniques. Demos cover these strategies, as well as sealed-envelope bids, global event management, report generation, and tactical sourcing. A comprehensive quiz tests your knowledge.

Conclusion

This final section summarizes key takeaways and prepares you for your next steps. It includes a lecture on next steps, a Q&A session, career advice, and a final assessment to evaluate your overall understanding. The section culminates with instructions on downloading course keynotes.