Ariba Executive Named 2013 Supply & Demand Chain Executive Pro to Know
Network strategy chief Tim Minahan recognized for driving innovation and
change by forging new, connected and more collaborative model for business
SUNNYVALE, Calif. -- February 14, 2013
We live in a new world - a world in which companies can move beyond
traditional supply chain management and leverage the power of social and
business networks and advanced analytics to enhance collaboration, gain new
insights, and drive new levels of productivity. Tim Minahan, Senior Vice
President of Network Strategy for Ariba, an SAP Company, helped to create this
world, providing the vision for a new, more connected and collaborative way of
operating and the leadership to make it a reality. And for this, he has been
named to the 2013 Supply & Demand Chain Executive Pros to Know.
“The number of issues that can present themselves in today’s global business
environment truly run the gamut—from a dysfunctional product component found
within a manufacturer’s tier three level of the supply chain to clarifying a
business’s procurement strategy for reduced costs,” said Barry Hochfelder,
Editor, Supply & Demand Chain Executive. “The ‘Pros to Know’ awards are
designed to provide recognition for the efforts that leading executives are
making to overcome these challenges by improving business functionality and in
turn, progressing the global supply chain.”
Over the past few decades, companies have spent billions of dollars in
personnel, reengineering, and systems to improve their internal process and
information flows. They’ve made great strides in sharing information and
collaborating internally between departments and employees. But these islands
of efficiency remain disconnected from the outside world and often fall down
where it matters most – when buying, selling, or exchanging cash with other
Industry research finds that, despite the advances business applications have
made within the four-walls of the enterprise, more than 80% of POs, Invoices,
and other business-to-business transactions still take place offline -
involving lots of paper, people and inefficiency. By some estimates, this
inefficiency costs business hundreds of billions of dollars each year in
missed sales opportunities, higher operating and supply chain costs, and
slower cash flow cycles. And that’s a huge problem.
But it’s one that Minahan knew Ariba could help to solve if the company could
convince executives that the social tools and networks they use to manage
their personal lives could drive fundamental improvements in their business.
So Minahan set about painting the vision for a new, more collaborative
operating model for business – one where companies and their systems are
connected to digital communities of existing and potential partners. A model
through which sellers can quickly find new business opportunities with a
network of prospective buyers, with budget, in the buying cycle. A model that
enables buyers to efficiently discover and qualify new sources of supply and
track and coordinate orders across their supply chain – all in real-time. A
model where any company can have transparency into payables and receivables
status to make informed working capital decisions.
And slowly, but surely, this vision began to take hold. Just as Facebook is
the destination for people looking to more efficiently manage their personal
networks and activities, business networks are the destination for companies
looking to better manage their trading relationships and commerce activities.
Nearly one million companies, for instance, use the Ariba^® Network to
discover, connect and collaborate with a global network of partners. And they
transact more than $400 billion in commerce on an annual basis.
“Perceptive supply chain executives have come to understand that creating
value means embracing networks of suppliers, customers, banks and other
partners to gain new insights, drive new levels of efficiency, and deliver
results faster,” Minahan says. “Far from your kid’s Facebook, business
networks provide an ideal platform for companies to connect with employees,
customers, partners, and suppliers and leverage those connections as a
community to solve their most important business problems.”
Now in its 13th year, the Supply & Demand Chain Executive “Pros to Know”
awards recognize both ends of the supply chain. This includes honoring the
“providers,” which includes individuals from software firms, service
providers, consultancies or academia who helped their supply chain clients or
the supply chain community prepare to meet industry challenges. This also
includes honoring the “practitioners,” e.g., those supply chain executives who
demonstrated leadership by managing risk in the supply chain; provided
competitive advantage; and delivered value to the bottom line.
Supply & Demand Chain Executive issued a call for entries in Q4 of 2012.
Beginning in January 2013, the publication’s editorial selection committee
reviewed close to 400 entries to find the applicants that best fit the
criteria. The full list of 2013 “Pros to Know” awards winners is available
today on www.sdcexec.com. Expanded awards coverage will appear in the March
2013 issue of Supply & Demand Chain Executive magazine and online thereafter.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful
supply and demand chain transformation, utilizing hard-hitting analysis,
viewpoints and unbiased case studies to steer executives and supply management
professionals through the complicated, yet critical, world of supply and
demand chain enablement to gain competitive advantage. Supply & Demand Chain
Executive is a publication of Cygnus Business Media. Visit us on the Web at
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About Cygnus Business Media
Cygnus Business Media reaches millions of professionals annually. As one of
America's top business to business (B2B) media companies, Cygnus is leading
the way in providing targeted content to top decision-makers and
organizations. The company's corporate initiatives and organizational
architecture are built with one goal: fully engaging audiences in Aviation,
Building & Construction, Public Safety & Security, Agriculture vertical
markets and a variety of other industries. For more information, visit
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines
industry-leading cloud-based applications with the world's largest web-based
trading community to help companies discover and collaborate with a global
network of partners. Using the Ariba^® Network, businesses of all sizes can
connect to their trading partners anywhere, at any time from any application
or device to buy, sell and manage their cash more efficiently and effectively
than ever before. Companies around the world use the Ariba ^ Network to
simplify inter-enterprise commerce and enhance the results that they deliver.
Join them at: www.ariba.com
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