SAP Ariba Interview Questions
What is SAP Ariba Start Sourcing?
SAP Ariba Start Sourcing, powered and supported by FreeMarkets technology and services, is an intuitive, web-based RFX management tool that empowers you to create, execute, and manage sourcing events right from your desktop. It's cloud-based SaaS technology, delivered on demand.
What is the Ariba business network?
Ariba is the creator and provider of the Ariba Network, a cloud-based B2B marketplace where buyers and suppliers can find each other and do business within a single, networked platform.
Where Does Ariba Fit In Sap’s Evolving Cloud Strategy?
The four areas of the SAP cloud application story are: money, people, customer and suppliers. (Business ByDesign is kind of its own category.) Just as SuccessFactors is the core of the “people” segment, Ariba will constitute the core of the “suppliers” category. In addition, as part of SAP’s enterprise cloud strategy (i.e., applications, platform, infrastructure), Ariba will serve as a new “business network” category, connecting suppliers, customers and partners.
Get Certified SAP Ariba Professional with SAP Ariba Training By Experts
What is SAP Ariba Sourcing?
SAP Ariba Sourcing is designed to help companies overcome challenges in supplier information management. A unique software-as-a-service (SaaS) solution, SAP Ariba Sourcing is the most-widely adopted and complete strategic sourcing offering in the marketplace, and is used by thousands of companies to create and implement competitive best-value agreements.
What are the features of SAP Ariba?
Supply chain collaboration
Strategic sourcing
Procurement
Contract management
Spend analysis
Supplier management
Financial supply chain management
Invoice management
Dynamic discounting
Payments
Supplier discovery
Strategic sourcing
Ariba Exchange
What are Ariba’s products?
Ariba sells separate “business commerce” products for buyers and sellers on the Ariba network. Here’s a sampling:
>Buyers—Spending Visibility, Sourcing, Contract Management, Procure-to-Pay, T&E + Supplier Management
>Sellers—“Discovery Service” (to find new buyers), Contract Management for Sales, Order and Catalog solutions
Where does Ariba fit in SAP’s evolving cloud strategy?
The four areas of the SAP cloud application story are: money, people, customer and suppliers. (Business ByDesign is kind of its own category.) Just as SuccessFactors is the core of the “people” segment, Ariba will constitute the core of the “suppliers” category. In addition, as part of SAP’s enterprise cloud strategy (i.e., applications, platform, infrastructure), Ariba will serve as a new “business network” category, connecting suppliers, customers and partners.
What Is The Real Difference Between Sap Mm, Srm And Ariba?
SAP MM deals with whole material management solution which includes procurement and inventory management.
SAP SRM is a enterprise buyer professional software, where it links customer and supplier directly . End customer can create Carts and purchase order gets created as sap ecc backend.
SAP Ariba is helpful in outsourcing quotation similar to our government tender outsourcing and it helps to collect the quoted quotation and process effectively and based on the quotation selected, ECC MM can create purchase contracts.
What Are Active And Passive Components?
ACTIVE COMPONENTS:
The components which produce the energy in the form of current or voltage are called as active components.
Example: transistors etc,.
PASSIVE COMPONENTS:
The components which stores the energy in the form of current or voltage are called as passive components.
Example: inductors,resistors,capacitors etc,.
Define Sourcing Processes in SAP Ariba?
The various sourcing processes your organization uses and would like to use after deploying SAP Ariba Sourcing is a key part of SAP Ariba Sourcing implementation. a high level sourcing process consists of identifying a need, identifying a supplier or group of suppliers, agreeing on a non-disclosure agreement (if required), engaging in dialogue around the item or service required, and then initiating the RFx process best suited for the supplier group and item or service requested. Less complex items allow you to skip straight to a quote request (RFQ), whereas more complex items may require several rounds of information gathering and supplier analysis/evaluation.
What Are The Benefits Of Sap Ariba?
SAP Ariba provides cloud-based solutions to make it easier for businesses to collaborate and compete. Installation requires no costly hardware or software, and no upgrades are expected on the user’s behalf. Companies can simply access it on a multi-tenant platform through a user-friendly interface, wherever they may be, or whatever browser they are using. It can also be integrated to any existing ERP or back-office system as it extends their functionality, and allows users to share processes and collaborate with trading partners towards a more competitive business commerce.
SAP Ariba offers spend management solutions and expertise that reveals everything about a company’s spending habits and uses that knowledge to help users negotiate better deals. Users are also connected to a diverse network of high-quality suppliers who can lower costs for goods and services while minimizing risks while ensuring compliance. There is also the financial chain management which utilizes new capabilities, intelligence, and global reach to transform liabilities into strategic assets.
With SAP Ariba, users now have a simple, smart, and open way to connect all systems and stakeholders through the powerful global Ariba Network. Being part of this network enables users to reduce costs, mitigate risks, and get products to the market thanks to comprehensive solutions such as the integration of sourcing and product design teams, item cost tracking, contract compliance enhancement, supply availability tracking and assessment, and reduction of excess inventory, among many others.