Ariba combines industry-leading cloud-based applications with the worlds largest web-based. By bringing this new technology on-stream well. The Ariba Network is the worlds largest business commerce network. The other sites in Belgium and other countries, will be activated in the course of 20. SAP Ariba is a cloud-based procurement system that includes a transaction platform called the Ariba Network. 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