Corporate Profile 47Billion Information Technology
Reducing Time and Cost for New Supplier Discovery: Caesars Entertainment Case Study
1. S U CCE S S S TOR Y
Caesars Entertainment
Finding New Diverse and Low-Cost Suppliers Reduces
Time and Expenses
The Challenges
Caesars Entertainment (Caesars), a premiere, global casino-entertainment
company, wanted to add additional suppliers to auctions held on the Ariba
Sourcing™ solution to increase competition, but found traditional methods
of locating and vetting new suppliers via phone, email, and sales meetings
to be antiquated and time consuming.
• 10% savings in overall cost on
multi-million dollar deal
• 50% savings in time to find a
low-cost country supplier
• 97% reduction in lead
turnaround time
Caesars is committed to working with diverse, women-owned,
veteran-owned and local suppliers. As a result of the company’s
geographic expansion, their sourcing teams faced challenges such as
unfamiliarity with local suppliers, and a need to validate that the new
suppliers they identified were able to fulfill their purchasing needs.
Caesars needed to add more suppliers to their sourcing events, evaluate
their ability to satisfy purchasing needs, and ensure that supplier diversity
goals were met.
The Solutions
Caesars used the Ariba Discovery™ solution to quickly find suppliers that
met specific needs, including diversity and low-cost country sourcing
requirements. With the help of Ariba Discovery, today Caesars can:
• Easily evaluate, compare, and respond to proposals by receiving
responses in a single location, with the exact details needed
• Import new suppliers directly into their supplier database in
Ariba Sourcing
• Engage quickly with awarded suppliers who are already set up on the
Ariba® Network, facilitating the overall sourcing process from supplier
discovery to contract delivery