Grupo Boticário is teaming with SAP and SAP Ariba to build a connected and intelligent supply chain, the company has announced.
Leveraging solutions from SAP Ariba, 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.
The company, which is considered a global leader in the cosmetics industry delivering some of the most popular beauty products, joins more than 180,000 other companies in Brazil that are connected to the Ariba Network.
“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.”
Although 84% of global companies recognise that digital transformation is fundamental for their survival in the next five years, only 3% 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.
“We make more than 350mn 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 synchronised supply chain. And with solutions from SAP and SAP Ariba, we can build one.”