SAP Ariba Supplier Risk

Name: leverX Company
Brand: LeverX
Rating: 4.9 (114 reviews)

Mitigate supplier risk with proactive monitoring and due diligence offered by SAP Ariba Supplier Risk to protect your supply chain, revenue, and reputation.

Let’s do it!

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Partnering with an SAP Global Strategic Supplier goes beyond buyer-seller dynamics. They provide critical solutions for global operations, collaborate on product development, and drive strategic initiatives.

LeverX is a certified partner of the SAP Center of Expertise. This accreditation ensures our unwavering commitment to upholding SAP's highest standards. Our mission is to deliver excellence, providing unparalleled support, and facilitating the seamless integration of SAP solutions into your business framework.

Such companies help businesses solve complex problems, deliver exceptional user experiences, and drive digital transformation using design thinking and innovation expertise. They leverage SAP's best practices and cutting-edge tools to create user-centric solutions.

SAP Ariba Supplier Management helps businesses proactively manage supplier lifecycles, performance, and risk to ensure supply chain resilience in the face of ongoing global disruptions. Integrating supplier data with procurement processes, the solution enhances transparency and collaboration, providing a 360-degree view of your suppliers.

With features like automated supplier onboarding, risk assessment, and performance monitoring, SAP Ariba enables businesses to:

Minimize risks across the supply chain
Ensure supplier compliance and regulatory adherence
Respond quickly to shifting market conditions

Gain comprehensive visibility into supplier risk

Quickly pinpoint at-risk suppliers, anticipate potential challenges, and assess the ripple effects on orders and shipments to respond with speed and precision.

Boost compliance with integrated risk evaluation

Ensure stronger compliance by embedding risk evaluations from trusted third parties into every supplier interaction, reducing the time for assessments from months to just weeks.

Drive meaningful business, environmental, and social change

Identify the root causes of supplier risks and apply compliance measures that not only meet regulations but also support responsible supplier selection, onboarding, and contracting.

Supplier risk assessment

Leverage intelligent controls to assess risks tied to each supplier's inherent vulnerabilities.
Determine your exposure by conducting thorough evaluations of supplier relationships and engagements.
Use advanced filtering to analyze data from over 600,000 public and private sources, identifying high-risk suppliers.

Proactive risk mitigation

Create and execute detailed action plans to address identified risks, collaborating efficiently with team members through an integrated workflow.
Seamlessly link the supplier risk management solution to your procurement process to ensure more robust compliance.
Detect and address potential forced labor risks embedded in your supply chain.

Continuous risk monitoring

Stay ahead of potential disruptions with personalized alerts that track more than 200 types of risk incidents.
Monitor a wide array of risks — financial, operational, environmental, social, regulatory, and legal — on an ongoing basis.
Keep tabs on exceptions or special cases requiring standard company policy deviations.

Why LeverX?

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 950+ projects for over 800 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil  and gas.

SAP partnership

We implement SAP projects end-to-end  and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security track record

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

SAP Ariba Supplier Risk Implementation Roadmap

We follow the SAP Activate methodology, which breaks down the implementation of SAP Ariba Supplier Risk into six essential stages:

Current Processes Evaluation: Assess existing business processes and identify the organization's needs.
Defining Technical Requirements: Create a detailed specification of the functional and technical needs of the new system.

Discover

Setting Goals and Objectives: Establish and agree on the goals to be achieved throughout the project.
Assembling the Project Team: Appoint team members and define their roles and responsibilities.
Project Plan Development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
Budget Determination: Estimate and approve the budget needed for implementing SAP Ariba Supplier Risk.
Specifications Preparation: Develop the technical and functional specifications for the development team.

Prepare

Ensuring Business Requirements are Met: Check that SAP Ariba Supplier Risk aligns with business requirements and project objectives.
Data Validation: Verify the accuracy and compliance of the data.

Explore

Data Migration: Transfer data from existing systems to SAP Ariba Supplier Risk.
System Configuration: Set up SAP Ariba Supplier Risk according to requirements and specifications.
Customization: Develop additional features and modules, if the standard solution does not meet all needs.
Integrations: Configure SAP Ariba Supplier Risk to work with other IT systems and applications.

Realize

Testing: Perform functional, integration, regression, and load testing to ensure that all aspects of SAP Ariba Supplier Risk work correctly.
User Training: Organize sessions to help users become familiar with the new system.

Deploy

System Readiness Check: Verify that the system is ready for operational use.
Launch: Officially transition to active use of SAP Ariba Supplier Risk.
Ongoing Support: Continuously monitor SAP Ariba Supplier Risk to identify and resolve any issues.

Run

What is SAP Ariba Supplier Risk?

SAP Ariba Supplier Risk is a cloud-based solution that helps companies take control of the risks associated with their suppliers. By offering a complete view of supplier data, including performance, compliance, and risk factors, the solution allows businesses to make well-informed decisions. It continuously collects and analyzes data from multiple sources, giving users insights into how their suppliers are performing and identifying potential areas of concern. With this powerful tool, companies can proactively address risks, ensuring their supply chains remain strong and resilient even in changing circumstances.

How does SAP Ariba Supplier Risk help in managing supplier-related risks?

SAP Ariba Supplier Risk actively helps companies manage supplier risks by providing a constant flow of real-time data and insights about supplier performance and risk indicators. The solution tracks key metrics such as a supplier’s financial health, compliance with regulations, and operational efficiency, providing a detailed risk score for each supplier. Additionally, it generates alerts when certain risk thresholds are reached, so businesses can act before risks become critical. This allows organizations to be more agile in their decision-making, helping them prevent disruptions in their supply chain and maintain strong supplier relationships.

Can SAP Ariba Supplier Risk integrate with other SAP solutions?

Yes, SAP Ariba Supplier Risk integrates smoothly with other SAP solutions, such as SAP Ariba Sourcing, SAP Ariba Procurement, and SAP S/4HANA. This seamless integration allows businesses to create a unified approach to supplier management, connecting all relevant data and processes in one ecosystem. By linking with these systems, companies can streamline their procurement and sourcing processes while ensuring that risk management is embedded in every stage of the supplier relationship. This approach not only improves efficiency but also strengthens the company’s ability to manage risks and ensure compliance across all suppliers.

What types of risks can SAP Ariba Supplier Risk help identify?

SAP Ariba Supplier Risk helps identify a wide variety of risks that could impact a company’s supply chain. These include financial risks, such as a supplier’s potential for bankruptcy or poor financial performance; operational risks, like delays in production or delivery; compliance risks related to regulatory issues; reputational risks if a supplier is involved in unethical practices; and sustainability risks tied to environmental and social responsibility. The system gathers data from over 600,000 public and private sources, providing businesses with a detailed and comprehensive view of potential risks that may affect their suppliers.

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An expert will reach out to you to discuss your specific migration needs and requirements.
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We will sign an NDA to ensure any sensitive information is kept secure and confidential.
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We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.