What is SAP Ariba Discovery in SAP BV-SRM - Brand Voice - Supplier Relationship Management?

SAP Term: SAP Ariba Discovery

• Component: BV-SRM

• Component Name: Brand Voice - Supplier Relationship Management

• Description: A solution that was made available free of charge during the COVID-19 pandemic. It helps buyers source suppliers, goods, and services globally.

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• Key Concepts: 
  SAP Ariba Discovery is a cloud-based platform that helps buyers and suppliers connect and collaborate. It enables buyers to quickly find the right suppliers for their needs, and suppliers to showcase their products and services to potential buyers. It also provides a range of tools to help buyers and suppliers manage their relationships, including supplier onboarding, supplier performance management, and supplier risk management. 
  
  How to Use it: 
  Buyers can use SAP Ariba Discovery to search for suppliers based on their specific needs. They can also use the platform to compare different suppliers and select the best one for their needs. Suppliers can use the platform to showcase their products and services, as well as manage their relationships with buyers. 
  
  Tips & Tricks: 
  When using SAP Ariba Discovery, buyers should take the time to thoroughly research potential suppliers before making a decision. They should also make sure that they are aware of any additional fees or charges associated with working with a particular supplier. Suppliers should make sure that they are providing accurate information about their products and services, as well as responding promptly to any inquiries from potential buyers. 
  
  Related Information: 
  SAP Ariba Discovery is part of the SAP Ariba suite of products, which includes other tools such as SAP Ariba Network, SAP Ariba Sourcing, and SAP Ariba Procurement. These tools can be used together to create an end-to-end procurement process that helps buyers and suppliers collaborate more effectively.