Lenovo Transforms Procurement with SAP Ariba and Deloitte

HONG KONG, June 21, 2017 – Few industries are more competitive than technology.
Today’s consumers – both personal and enterprise – want innovative products at
low prices. And new companies are cropping up in markets around the world to
deliver them. To maintain their edge and gain advantage, providers must
diligently manage their costs and supply base. Lenovo
Group Ltd. recognizes this. And the
company has embraced digital solutions from SAP Ariba which it is implementing across its global
operations with support from Deloitte to create a collaborative digital process for
sourcing goods and services that can deliver savings and efficiencies, while at
the same time, fueling business innovation and growth.

Like most large organizations,
Lenovo buys lots of things. And typically, purchases were made by many business
groups using different systems and processes.

“We needed a standard way to
manage procurement that would allow us to not only manage our costs, but
minimize risks, and an integrated system to drive it,” said Sophie Zhu,
Procurement Director, Lenovo. “Working with SAP Ariba and Deloitte, we proposed
new functional requirements and developed a financial management solution that
could accommodate our unique needs. And they delivered.”

With in-depth knowledge and
experience in the SAP Ariba technology, Deloitte has been helping clients like
Lenovo to implement a broad range of cloud-based applications that allow them
to optimize their procurement process, manage their customer and supplier
relationships and achieve higher cost efficiency.

“SAP Ariba provides a powerful
platform to drive simpler, smarter sourcing,” said Lai Youyou, SAP Consulting
Partner, Deloitte. “When implementing the company’s solutions, we have been
able to help Lenovo drive a more transparent and collaborative negotiation
process that has opened the door to savings, efficiencies and innovation.”

Lai added that there is an
aggressive timeframe to execute this high-level collaboration agreement, which
will involve functional and technical experts from China and the U.S. which
will enrich Deloitte’s experience in SAP Ariba’s applications and facilitate
the two companies in seizing business opportunities in the rapidly growing
local market.

Lenovo joins more than 2.5
million companies in 190 countries around the world who are connected to
the Ariba® Network and using it to transact over $1 trillion in
commerce on an annual basis.

“The world has gone digital and
procurement has gone with it,” said Gareth Bowen, Head of SAP Ariba, Greater
China. “Innovative organizations like Lenovo that are embracing
the trend can power new ways of thinking and operating that beyond savings and
efficiencies, create long-term, sustainable advantage for their business.”