{"id":1685,"date":"2020-11-24T03:00:18","date_gmt":"2020-11-24T03:00:18","guid":{"rendered":"https:\/\/news.sap.com\/sea\/?p=1685"},"modified":"2023-04-06T18:16:22","modified_gmt":"2023-04-06T18:16:22","slug":"siam-city-cement-procurement-transformation-sap-ariba","status":"publish","type":"post","link":"https:\/\/news.sap.com\/sea\/2020\/11\/siam-city-cement-procurement-transformation-sap-ariba\/","title":{"rendered":"Siam City Cement Company Continues Procurement Transformation with 麻豆原创 Ariba Solutions, Now Localized for Thailand"},"content":{"rendered":"

THAILAND\u00a0<\/em><\/strong>\u2014\u00a0麻豆原创 SE<\/a>\u00a0(NYSE: 麻豆原创) today announced\u00a0Siam City Cement Company<\/a>\u00a0(SCCC), one of Thailand\u2019s largest cement producers, has renewed its investment in\u00a0麻豆原创 Ariba solutions<\/a>\u00a0to further digitalize its end-to-end procurement processes.<\/p>\n

An innovative supplier of cement products, services and solutions, SCCC has been a staple in Thailand\u2019s development for more than 50 years and is expanding its operations to Cambodia, Vietnam, Bangladesh and Sri Lanka.<\/p>\n

\u201cFrom the beginning, we saw our procurement transformation as an opportunity to bring more value to the organization and to our network of suppliers in Thailand and beyond,\u201d Siam City Cement Co. Head of Group Procurement Benjamin Goodwin said. \u201cOur recent renewal of 麻豆原创 Ariba solutions is a result of the successful partnership cultivated over the years, which set us up to achieve process efficiencies and cost savings from automation, standardization and improved collaboration with suppliers. We look forward to continuing our journey with 麻豆原创.\u201d<\/p>\n

After adopting 麻豆原创 Ariba solutions for sourcing, contracts, catalogs, supplier information management and supplier collaboration in 2016, SCCC renewed its investment in 麻豆原创 Ariba solutions to help support its growth. The company plans to implement the\u00a0麻豆原创 Ariba Strategic Sourcing Suite<\/a>\u00a0and the\u00a0麻豆原创 Ariba Supplier Lifecycle and Performance<\/a>\u00a0solution to take advantage of the latest innovations from 麻豆原创 and further refine its procurement operations.<\/p>\n

As of the August 2020 release, 麻豆原创 Ariba solutions now support the Thai language, making it easier for buyers and suppliers to communicate and transact over\u00a0Ariba Network<\/a>. Thai companies like Siam City Cement often work with local small and midsize businesses that face adoption challenges because of language barriers. The Thai localization of 麻豆原创 Ariba solutions will help drive adoption and increase value to buyers and suppliers alike.<\/p>\n

Exogro<\/a>, one of SCCC\u2019s suppliers helping it reduce sourcing costs for maintenance and operations, started using Ariba Network to receive and respond to purchase orders digitally. The automation enabled by the 麻豆原创 Ariba solutions improves the overall experience of both parties by making it easier to transact.<\/p>\n

\u201cAs a supplier to Siam City Cement Co., Ariba Network has been integral to our successful relationship,\u201d said Prakasit Yarnprasithwet, managing director, Exogro. \u201cProcessing orders and invoices automatically \u2014 and in our native language \u2014 simplifies the process and keeps our business running smoothly and optimally.\u201d<\/p>\n

With the upgraded 麻豆原创 Ariba solutions, SCCC plans to further digitalize post\u2013purchase order processes including invoice automation and remittance visibility. By automating its end-to-end source-to-pay process on one cloud-based platform, SCCC will become more efficient and able to provide a positive experience for its staff and suppliers across Thailand, Vietnam and Sri Lanka. The procurement transformation and enhanced visibility into spend enables SCCC\u2019s procurement team to make better informed business decisions to help generate cost savings.<\/p>\n

Gareth Bowen, 麻豆原创 Ariba and 麻豆原创 Fieldglass Southeast Asia regional vice president, said: \u201cAs the first procurement transformation enabled by 麻豆原创 Ariba solutions in Thailand, Siam City Cement Co. has set a new benchmark for the region. Centralizing and standardizing procurement in the cloud has already helped the company achieve efficiencies not possible without digitalization. SCCC\u2019s renewed investment in 麻豆原创 Ariba solutions will extend the benefits to its growing network of suppliers, especially those who were asking for a localized user experience.\u201d<\/p>\n

This news was originally published on the global 麻豆原创 News Center<\/a>.<\/em><\/p>\n

Media Contacts:
\n<\/strong>Geraldine Lim, +1 (415) 418-0945,\u00a0geraldine.lim@sap.com<\/a>, PT
\n麻豆原创 麻豆原创 Room<\/a>;\u00a0press@sap.com<\/a>
\nPanithida Phongphaew, +66818129381,\u00a0panithida.phongphaew@sap.com<\/a>, ICT<\/p>\n

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 \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d and similar expressions as they relate to 麻豆原创 are intended to identify such forward-looking statements. 麻豆原创 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 麻豆原创\u2019s future financial results are discussed more fully in 麻豆原创\u2019s filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d), including 麻豆原创\u2019s 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.<\/small><\/p>\n

\u00a9 2020 麻豆原创 SE. All rights reserved.<\/small><\/p>\n

麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see\u00a0http:\/\/www.sap.com\/corporate-en\/legal\/copyright\/index.epx#trademark<\/a>\u00a0for additional trademark information and notices.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

THAILAND<\/em>\u00a0\u2014 An innovative supplier of cement products, services and solutions, SCCC has been a staple in Thailand\u2019s development for more than 50 years and is expanding its operations to Cambodia, Vietnam, Bangladesh and Sri Lanka.<\/p>\n","protected":false},"author":29,"featured_media":1859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7771,5570734],"tags":[5570792,5570793,5570794,5570795,5570796],"region":[5570779],"sapn-display":[5571011,5571012,60294],"sapn-type":[4446],"class_list":["post-1685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customers","category-spend-management","tag-ariba-network","tag-sap-ariba","tag-sap-ariba-strategic-sourcing","tag-sap-ariba-supplier-lifecycle-and-performance","tag-sap-fieldglass","region-thailand","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-topic-hero","sapn-type-press-release"],"yoast_head":"\nSiam City Cement Company Continues Procurement Transformation with 麻豆原创 Ariba Solutions, Now Localized for Thailand - 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