Solution Brief Scoutbee - SAP

Solution Brief | PUBLIC

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Enhance the efficiency of your sourcing events with faster, smarter supplier discovery Scoutbee Discovery unlocks a comprehensive supplier landscape

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Solution Brief | PUBLIC

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Use the power of AI to identify new suppliers The agility and resilience of your supply base are pivotal to the success of your business. An increasing number of geopolitical disruptions, price volatility, and the pressure to go to market with new products require you to be able to continuously identify and evaluate new suppliers.

However, the time and effort required to find qualified suppliers can make it difficult to achieve this goal, especially for procurement teams relying on manual methods or limited databases and networks. AI technology can bridge the gap by automating data collection, processing, and enrichment, dramatically

increasing the scope and speed of supplier searches, and improving the accuracy and quality of results.

Scoutbee Discovery, an AI-powered software-as-a-service (SaaS) tool for procurement teams, is used by global enterprises to quickly get a comprehensive view of their global supplier markets. Natively integrated with the SAP Ariba Sourcing solution, Scoutbee Discovery helps you to easily identify additional suppliers outside SAP Business Network and bring them directly to your sourcing events.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Scoutbee | SAP SE

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Solution Brief | PUBLIC

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Start discovering new suppliers through SAP Ariba Sourcing The integration of Scoutbee Discovery within SAP Ariba Sourcing supports a seamless supplier discovery process built right into the guided sourcing user experience. Users can pull in new suppliers that Scoutbee Discovery identifies and add them directly to sourcing events, all without having to leave the event screen.

The ability to see existing suppliers side by side with prospective ones makes it easier to identify and invite only the best candidates to participate – helping you obtain better prices, quality, and results from your sourcing events.

Up to 10 times more suppliers Up to 4 times faster processes

Fresh data with every search Source

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Scoutbee | SAP SE

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Solution Brief | PUBLIC

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Identify additional suppliers outside SAP Business Network Scoutbee Discovery revolutionizes the supplier search process, offering a seamless and efficient approach. With the capability to input complex search criteria encompassing product specifics, manufacturing processes, geographic location, certifications, and more, your procurement team can ensure a comprehensive exploration of relevant factors. Scoutbee Discovery’s AI then harnesses these criteria to sift through billions of supplier data points,

generating a curated list of up to 25 pertinent suppliers. Each supplier is accompanied by an enriched profile detailing key metrics such as revenue, workforce size, and certifications.

Thanks to this insight-rich data, you can confidently select the most suitable suppliers to engage with, seamlessly transitioning them into SAP Ariba Sourcing for further event administration.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Image: Search requirements at a glance Scoutbee | SAP SE

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Solution Brief | PUBLIC

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Get up-to-date and enriched results with every search Reliable and up-to-date insights into your supplier market are key for procurement. That’s why Scoutbee Discovery employs semantic web technology to crawl the internet for suppliers’ websites to provide you with results that come from an impartial search, entirely based on your selected criteria and keywords, further enriched

by AI technology. By doing so, Scoutbee Discovery gives you a list of suppliers that meet your requirements.

The order of suppliers on the list is determined by the frequency with which your keywords match their website content, with the most closely aligned suppliers occupying the uppermost positions. For a more in-depth look at the identified suppliers, the linked supplier profiles offer a company description, an overview of financial data as provided by Dun & Bradstreet, and additional details on certificates and their expiry dates.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Image: Scoutbee Discovery search results Scoutbee | SAP SE

Image: Profile of an identified supplier as provided by Scoutbee Discovery

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Solution Brief | PUBLIC

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Solutions

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Increase efficiency in your source-tocontract journey With Scoutbee Discovery, you can gain significant efficiency through the ability to preselect suitable suppliers prior to embarking on the source-to-contract journey. This helps you

avoid the frustrating scenario of reaching the contract negotiation stage only to discover that the chosen suppliers are incapable of meeting their requirements.

Mitigate risk by ensuring supply continuity and resilience In today’s dynamic business landscape, disruptions have become the norm rather than the exception. Therefore, having a robust strategy in place to ensure supply continuity is paramount. Scoutbee Discovery emerges as a

crucial tool in this endeavor, empowering you to swiftly identify alternative suppliers when unexpected events occur so you can minimize negative impacts and significantly shorten time to recovery.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your sourceto-contract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Scoutbee | SAP SE

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Solution Brief | PUBLIC

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Drive innovation Product innovations often require new suppliers. If your company is branching out into new application areas and products, your existing suppliers might not be able to deliver on your

demands. Scoutbee Discovery gives you a fast and easy way of understanding your supply options from new markets.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network

Reduce costs By gaining comprehensive awareness of the supplier market, you equip yourself with invaluable leverage during negotiations.

Introducing competition among your suppliers not only shifts the balance of power from sellers to buyers but also unveils myriad cost-efficient

Get up-to-date and enriched results with every search

sourcing options. Tapping into this knowledge of the supplier landscape enables you to secure more favorable terms, pricing, and conditions, ultimately optimizing your procurement outcomes and driving greater value for your organization.

Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Scoutbee | SAP SE

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Solution Brief | PUBLIC

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Meet sustainability goals As customers put pressure on businesses to be more sustainable – and the need to comply with a growing number of environmental, social, and governance (ESG) regulations increases – the ability to identify new suppliers who can meet these requirements (and replace those who

can’t) becomes more important than ever.

Scoutbee Discovery facilitates this process, allowing you to filter searches using specific sustainability and diversity criteria that align with your business goals.

Digitize procurement processes Scoutbee Discovery revolutionizes traditional procurement practices by digitizing processes, eliminating manual and repetitive tasks that drain resources. Through automation, the

application streamlines the supplier search process, freeing up valuable time for your procurement team to focus on high-impact, strategic initiatives.

Use the power of AI to identify new suppliers Start discovering new suppliers through SAP Ariba Sourcing Identify additional suppliers outside SAP Business Network Get up-to-date and enriched results with every search Increase efficiency in your source-tocontract journey | Mitigate risk by ensuring supply continuity and resilience Drive innovation | Reduce costs Meet sustainability goals | Digitize procurement processes Summary

Scoutbee | SAP SE

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Solution Brief | PUBLIC

Summary Scoutbee Discovery gives you a fast and easy way to identify new suppliers. Natively integrated with the SAP Ariba Sourcing solution, Scoutbee Discovery utilizes AI technology so that you can easily identify additional suppliers outside the SAP Business Network and bring them to your sourcing events.

Experience a rapid and efficient supplier discovery process tailored to your strategic requirements, complete with access to real-time data on potential suppliers.

Automated workflows enhance the depth and precision of searches, amplifying the productivity of your procurement team.

As AI optimizes the quality of results, the underlying automated workflows boost efficiency, driving more agile and effective procurement operations.

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Solutions

Summary

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Scoutbee

Scoutbee Discovery is an AI-powered SaaS tool that enables you to obtain a comprehensive landscape of potential suppliers. It streamlines the search for new suppliers, minimizing repetitive tasks and search complexity while enhancing quality and precision in the selection of new suppliers to align with your organization’s strategic objectives.

www.scoutbee.com Learn more To find out more, call your SAP representative today or visit us online at the SAP Store.

xxxxxenUS (24/09) © 2024 SAP SE or an SAP affiliate company. All rights reserved. See Legal Notice on www.sap.com/legal-notice for use terms, disclaimers, disclosures, or restrictions related to SAP Materials for general audiences. © 2024 Scoutbee GmbH. All rights reserved. See https://scoutbee.com/privacy-policy/ for use terms, disclaimers, disclosures, or restrictions relating to this publication.

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