SAP Ariba Supplier Risk
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Strengths
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Comprehensive risk assessment
Provides a thorough evaluation of supplier risk factors
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Real-time monitoring
Continuously monitors supplier risk and alerts users to potential issues
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Integration with SAP Ariba
Seamlessly integrates with SAP Ariba procurement solutions
Weaknesses
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Limited customization
May not meet the specific needs of all organizations
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High cost
May be too expensive for smaller businesses
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Complexity
May require significant training and expertise to use effectively
Opportunities
- Increasing awareness of supplier risk makes this a growing market
- Opportunity to expand into industries beyond procurement
- Opportunity to integrate with other software providers to offer a more comprehensive solution
Threats
- Competitors may offer similar or better solutions
- Economic downturns may lead to decreased demand for risk management solutions
- Data breaches or other security issues could damage the reputation of the product
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SAP Ariba Supplier Risk Plan
SAP Ariba Supplier Risk offers three pricing plans with varying features, starting at $5,000 per year.
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