TechnologyTradingSAP Ariba extends Spot Buy to Europe

SAP Ariba extends Spot Buy to Europe

The business network has selected B2B marketplace  Mercateo to launch the digital marketplace across the continent.

Enterprise application software giant SAP Ariba, whose network connects buyers and suppliers from more than 2m companies and 190 countries, has chosen Mercateo AG as its primary partner to launch the SAP Ariba Spot Buy service in Europe. Mercateo has run Europe’s biggest business-to-business (B2B) marketplace since the late 1990s and earlier this year launched its B2B networking platform, Mercateo Unite.

SAP Ariba has already rolled out Spot Buy, described as the world’s largest digital marketplace for industrial goods and services, in North America, Latin America and Australia. It said that the strategic alliance with Mercateo “promises to transform ad-hoc purchasing for enterprises across the Continent by matching buyer demand with seller supply in an efficient and trusted digital marketplace to drive a simple, more transparent process that delivers flexibility and savings to buyers as well as opportunities to sellers.

“With SAP Ariba Spot Buy and the Mercateo Unite multi-supplier infrastructure, enterprise buyers can access the rapidly growing number of Mercateo Unite suppliers as well as millions of items from Mercateo Shop on demand.”

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