
As such the expectations of Hiring Managers has gone up in line with the daily rates/salaries for roles coming down. The fall out of this stalling of projects moving forwards in 2020 was an increase of highly skilled SAP Ariba Consultants, Managers and Architects entering into the jobs market coinciding with a significant fall in vacancies for these skills. It’s these metrics of procurement performance that will allow the procurement teams to identify cost-savings opportunities moving forwards. That is, how and why companies should be assessing what they are spending their money on, assessing the agreements they have in place with existing suppliers, analysing the performance of these suppliers and ensuring that there is a mature procurement solution in place to enable an accurate and useful visibility across spend. The other sites in Belgium and other countries, will be activated in the course of 20.Last year I had many a conversation with frustrated Procurement Directors where we discussed the importance now more so than ever of ensuring companies focus on their spend management. Downstream: The modules supporting the procure-to-pay process will be enabled for Umicore’s site in Olen by mid of February 2023.


Other countries will be activated in the course of 20. Upstream: The SAP Ariba modules supporting the source-to-contract process is implemented since mid of February 2022 for suppliers collaborating with sites located in Belgium.The following provides a more detailed overview: We are gradually moving with our suppliers to SAP Ariba. Suppliers will be invited to connect with Umicore through the SAP Ariba platform. This improves compliance and makes it possible to do business anytime, anywhere and on any device. Through SAP Ariba, suppliers and buyers are able to connect and do business with each other on an online platform.

Umicore will use SAP Ariba to manage sourcing, contracting, ordering and invoicing. Umicore has implemented the SAP Ariba platform to digitalize its source-to-contract and procure-to-invoice processed and enable a best-in-class procurement organization. Digitalization of Indirect Procurement process
