Hello Friends,
In order to reduce cost Mining companies outsource some of the operations to subcontractors. For e.g. for it can outsource Transportation or Drilling operations to subcontractors. This case require formal contracting process which sometimes becomes more time consuming lead to unusual delay in operations.
On the other Hand, for Mill Companies, since they mostly use Make to Order strategy require stable supply of raw materials and some time in urgency in order to meet unexpected requirements. they mostly do contracting with their supplier which require monitoring of the contracts with important terms.
Ariba Contract Management Solution can simplify Contract Management Process by making this process paperless and collaborative which is necessary in this case. watch this video to learn more
Case study
Learn how Abhijeet Industries which is engaged in the business of Power, Steel, Mining,Roads, Cement and Ferro Alloy improved visibility to bidding and reverse auction process and reduce contract bid process cycle time by 30%.
http://www.sap.com/bin/sapcom/downloadasset.abhijeet-group-pdf.html
To know more about Contract Management visit following links
To Know about Ariba Cloud Contract Management visit following link
http://www.ariba.com/assets/uploads/documents/Datasheets/AribaContractManagementSolution.pdf
Hope this would be helpful
Regards,
Pratik