Advertisment

Caesars improves sourcing process with Ariba

author-image
Soma Tah
New Update

SUNNYVALE, USA: Caesars Entertainment selects Ariba Discovery for sourcing a local supplier of CO2. Ariba Discovery simplifies the process of supplier discovery by instantly matching buyer requirements to seller capabilities.

Advertisment

Caesars maintains a sourcing culture of economic inclusion and its Horseshoe Cincinnati property aggressively drives public outreach events to actively encourage diverse vendors to participate in RFPs.

"We created a posting and received strong bids from a number of suppliers, importantly diverse ones as well. The best price came from a woman-owned supplier based in Cincinnati that would have been challenging to find absent the technology and detailed processes found in Ariba Discovery, "said Kory Manley, Strategic Sourcing Process and Compliance manager, Caesars Entertainment.

"These allow us to cast a wider net in our quest to find quality, service and price across a large number of small and diverse businesses," added he.

Advertisment

Caesars kept at it, creating additional posts on Ariba Discovery to expand its supply base and increase competition in the sourcing events it runs using Ariba Sourcing. It's now an essential piece of Caesars' regional supplier diversity outreach program.

Caesars received an average of five bids per post and was able to find a new supplier of baked goods for its casinos and lessen its costs by 10 percent. The company also identified low-cost country suppliers of banquet chairs in half the time it used to take before tapping into Ariba Discovery's supplier base.

And because Ariba Discovery is fully integrated with Ariba Sourcing, Caesars was quickly able to add these suppliers to its database and collaborate more efficiently with them across the sourcing process - from discovery and award through contract delivery.

"Receiving responses in a single location, with exactly the details we need, makes it easy for us to evaluate, compare, and respond to proposals. And having access to suppliers already transacting on the Ariba Network simplifies things even further. Knowing that Ariba captures diverse suppliers and offers an instant source of opportunities for us to engage those suppliers gives us a competitive advantage in our mandate to drive economic inclusion," said Manley.

In the past 12 months, more than $5 billion in new business opportunities were offered through Ariba Discovery, over 15 million leads distributed, and more than 30,000 matches between buyers and sellers made.