SAP Sourcing
Encyclopedia
SAP Sourcing is a product in the SAP Business Suite of ERP applications. SAP Sourcing is a strategic sourcing
application, which complements the company's other main procurement offering, SAP SRM.
SAP Sourcing is provided in three modules:
Frictionless first introduced the Frictionlesssm ValueShopper service. ValueShopper provided merchants with a forum for showcasing their value-added services, and consumers with a comparative-shopping environment. Consumers visiting a Frictionless-enabled commerce site could find, compare, and purchase any of more than three million products in 200 broad categories.
In July 2006, SAP acquired Frictionless, which at the time employed 70 people, and released the acquired technologies in a product named E-Sourcing in both “on-premise” and “on-demand” versions. In 2010, SAP renamed the product SAP Sourcing.
Strategic sourcing
Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In a production environment, it is often considered one component of supply chain management...
application, which complements the company's other main procurement offering, SAP SRM.
SAP Sourcing is provided in three modules:
- Strategic sourcingStrategic sourcingStrategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In a production environment, it is often considered one component of supply chain management...
- Contract lifecycle managementContract managementContract management or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and...
- Supplier managementSupplier relationship management“SRM is a discipline of working collaboratively with those suppliers that are vital to the success of your organisation to maximise the potential value of those relationships.” - Reference - Overview :...
History
Originally, SAP Sourcing was the product of Frictionless Commerce Incorporated. Founded in June 1998 and based on technology representing more than three years of research in the Media Lab at MIT, Frictionless Commerce developed online commerce technologies. Frictionless sold these technologies as co-branded services. The customers of Frictionless were companies that wanted to offer online commerce, but did not have the resources to build and maintain their own capabilities.Frictionless first introduced the Frictionlesssm ValueShopper service. ValueShopper provided merchants with a forum for showcasing their value-added services, and consumers with a comparative-shopping environment. Consumers visiting a Frictionless-enabled commerce site could find, compare, and purchase any of more than three million products in 200 broad categories.
In July 2006, SAP acquired Frictionless, which at the time employed 70 people, and released the acquired technologies in a product named E-Sourcing in both “on-premise” and “on-demand” versions. In 2010, SAP renamed the product SAP Sourcing.
Competitors
According to a report from Gartner in February 2010, the key players in the sourcing market are: Ariba, BravoSolution, Emptoris, Global eProcure, SAP, and SynerTrade. Another list of 27 vendors is available from a March 2010 article by Mickey North Rizza, an analyst for AMR Research.External links
- SAP Sourcing User Community Homepage on SAP Developer Network (SDN)SAP Developer NetworkSAP Developer Network is an online community for SAP developers. It is a resource and collaboration channel for SAP developers, architects, consultants and integrators. SDN Hosts forums, expert blogs, a technical library, downloads, a code gallery, Elearning catalog , a Wiki and more...
- SAP Sourcing Product Information Site