Objective Of UPSTREAM

The SAP Ariba Upstream module focuses on the early stages of the procurement cycle, which include sourcing, supplier discovery, contract management, and supplier selection. It aims to optimize and streamline the process of identifying, evaluating, and engaging suppliers. The key objectives of the SAP Ariba Upstream module include:

1. Supplier Discovery and Sourcing

2. Strategic Sourcing

3. Cost and Spend Management

• Spend Visibility: Provide visibility into sourcing spend data to support informed decision-making in supplier selection and negotiations.
• Cost Optimization: Leverage sourcing tools to ensure cost-effective purchasing by identifying the best suppliers at the best prices through competitive bidding processes.
• Budget Control: Track and manage sourcing budgets, ensuring that procurement activities align with the company’s financial goals.

4. Contract Lifecycle Management

5. Supplier Performance and Risk Management