Lieken

By implementing SAP SRM Contract Management, Lieken is able to predict and take active steps to avoid contractual risks

apsolut has assisted Lieken AG (formerly Kamps AG), Germany' s leading supplier of bakery goods (http://www.lieken.de), in successfully implementing SAP SRM Contract Management on SRM 5.0. In the future, Contract Management will enable the Lieken Group to store original contract documentation electronically so that it is also available and accessible at any site in the Group. With a tradition stretching back more than 80 years, Lieken has earned its reputation as a pioneer in the baking industry. Having recognized the importance of and growing need for a contract management system in support of its controlling activities, the company aligned its strategy accordingly. As part of the increasingly interconnected operational and strategic processes in procurement, it is vital for purchasing, as a strategic interface between internal and external partners, that core processes such as contract management be comprehensively mapped, integrated and system-based. The customer's intention was to gain a full overview of existing contracts and create a central archiving system in which all digitized information would be available and retrievable. Besides the overview, controlling and analysis capabilities can now be applied to all existing contracts. A system alarm will notify the responsible buyer that contracts subject to cancellation are about to expire. The aim is to provide the buyer with easy-to-use monitoring functions and a view of all contracts that are to be executed, including agreed KPIs. Besides its benefits in terms of cooperation, SAP SRM Contract Management provides Lieken with considerable potential for saving time and money as well as proactive assistance in avoiding contractual risks.

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