Case Study: Thermo Fisher Scientific achieves significant spend enrichment and supplier reduction with SAP Ariba Spend Visibility

Achieving Significant Spend Enrichment While Enabling Supplier Reduction

thermo fisher scientific, a global scientific instruments producer, faced a lack of spend visibility due to its growth through acquisitions, which resulted in over 170 sites and more than 100 source systems. This complexity made it difficult to identify savings opportunities and meet multi-year operational goals. They turned to SAP Ariba to address these challenges using the Ariba Spend Visibility solution.

SAP Ariba provided a phased implementation, integrating data from over 100 systems into one centralized solution for superior spend management. The results were significant, with Phase I deployed in just four months, enriching $3.7 billion or 97% of their spend. This high level of enrichment enabled thermo fisher scientific to reduce its supplier base by approximately 20% and gain critical insights into its spending patterns.

Thermo Fisher Scientific