Leveraging solutions from SAP Ariba, Grupo Boticário has created a simple, digital process through which it can efficiently manage and collaborate across the entire source-to-settle in a simple, smart, integrated way. The company has 4,000 points of sale in its native Brazil and a presence in 12 other countries, making it a global leader in the cosmetics industry.
Although 84% of global companies recognize that digital transformation is fundamental for their survival in the next five years, only 3% have completed the necessary initiatives throughout their operations, according to the 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 the 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 expect the speed of change in the market to increase in the next two years, thereby generating a need to accelerate go-to-market strategies.
Grupo Boticário is using the cloud-based applications delivered on the Ariba Network to drive an efficient digital process for managing its spend from end-to-end in a way that enables better buying and, ultimately, better business decisions.
"We make more than 350 million products every year. That's more than one for every person in Brazil,” said Nicolas Simone, chief information officer of Grupo Boticário. “Running a business of this magnitude requires a highly synchronized supply chain. With solutions from SAP and SAP Ariba, we can build one."
On the Ariba Network, buyers and suppliers from more than 3.4 million companies and 190 countries discover new opportunities, collaborate on transactions and build relationships. Buyers can manage the entire purchasing process while controlling spending, finding new sources of savings and building a healthy supply chain. The result is a dynamic, digital marketplace where more than $2.1 trillion in commerce is transacted every year.