SEOUL--(BUSINESS WIRE)--Burger King Restaurant Co., Ltd., one of the largest Quick Service Restaurant (QSR) brands in the world, has ambitious plans to expand its number of stores and increase revenue. And it will use solutions from SAP Ariba and SAP to support them. Using the cloud-based procurement applications and business network of SAP Ariba alongside SAP S/4HANA, Burger King will create an efficient digital process for managing its spend from end to end in an integrated and intelligent way that fuels savings, efficiencies and business growth.
Burger King is the first company to introduce both SAP S/4HANA and SAP Ariba simultaneously in Korea. Using the solutions together, the company can quickly draw meaningful insights from the data living in its supply chains and use them to make more intelligent decisions that propel their businesses forward. With SAP Ariba as its digital procurement platform and SAP S/4HANA as its core, Burger King can, for instance, connect to the Ariba® Network – which with more than 3.4 million companies in 190 countries transacting over $2.1 trillion in commerce annually is the largest on the planet - and use the market-leading, cloud-based applications delivered on it to:
- Consolidate and control spend across all major categories – from direct, indirect and logistics to contingent labor and services, travel and capital expenditures - from end to end, on a single, integrated platform in the cloud.
- Make better buying decisions with analysis and insights into company-wide spending.
- Discover and digitally transact with qualified suppliers who not only support cost objectives but align with corporate sustainability goals and ethical standards.
- Engage in real-time collaboration to negotiate savings and make sure those savings are realized.
- Manage supplier relationships information, lifecycle, performance, and risk all in one place.
- Accelerate the contract lifecycle and strengthen compliance.
- Create a consumer-like, contextual purchasing experience through which employees can buy what they need in line with company policies.
- Transform payables from liabilities into strategic assets to boost cash flow, free up working capital, and deliver more bottom-line value.
“We are pleased that Burger King will be our first customer to introduce both SAP S/4HANA and SAP Ariba simultaneously in the Korean market,” said Sungyoul Lee, Managing Director, SAP Korea. “SAP will continue to support Korean businesses to enhance efficiency and establish real-time business operation for their digital transformation journey.”
About SAP Ariba
SAP Ariba is how companies connect to get business done. On the Ariba Network, buyers and suppliers from more than 3.4 million companies and 190 countries discover new opportunities, collaborate on transactions and grow their relationships. Buyers can manage the entire purchasing process, while controlling spending, finding new sources of savings and building a healthy supply chain. And suppliers can connect with profitable customers and efficiently scale existing relationships – simplifying sales cycles and improving cash control along the way. The result is a dynamic, digital marketplace, where over $2.1 trillion in commerce gets done every year.
To learn more about SAP Ariba, visit www.ariba.com.
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 404,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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