Asian telecommunication company Axiata Group Berhad has selected Bristlecone and SAP as its partners to transform their sourcing and procurement departments.
Axiata Group Berhad expects the move will enable the company to gain visibility on their spending across all the operating companies.
Moreover, the transformation would facilitate compliance, identify and harness spend reduction opportunities and identify the inefficient, non-standard processes that were previously in place.
Axiata are using the on-premise version of the SAP Supplier Relationship Management application for “Requisition to PO” processes and the SAP Spend Performance Management analytic application for Spend Analytics Process, alongside its cloud-based procurement applications from Ariba, an SAP company.
“The 21st century enterprise cannot achieve its cost, revenue and cash flow goals without being connected,” said Terrence Yong, SAP Malaysia Managing Director.
“Software from SAP will help assist Axiata to organize resources and optimize collaboration across their current procurement structure, to achieve new levels of innovation, efficiency and agility to run simple. We look forward to working with Bristlecone to enable this digital transformation at Axiata.”
As a part of this initiative, Bristlecone is also supporting Axiata through the deployment of an eProcurement platform. With this, Bristlecone is accelerating its India and Southeast Asia investments to enlarge its footprint in the region.
Axiata recently won the ‘Procurement Transformation Award’ in the prominent “Procurement Leaders Awards 2015 in Asia Pacific. Out of nearly 400 entries from 28 countries within the global membership network, Axiata was recognized as the winner in the Procurement Transformation category.