The document discusses experts' views on how the sharing economy will impact the future of business networks. It presents perspectives from thought leaders who believe that the sharing economy will: 1) create new value chains by integrating customers, 2) benefit both companies and customers through lower costs and faster response times, and 3) form a "social supply chain" where quality issues are exposed and the "wisdom of crowds" helps address problems.

1. The Future
The Future of of
Networks
Business Networks
What is the future of Business Networks?
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2. To help us understand the Future of Networks, we asked a
series of thought leaders and experts this question:
How will the sharing economy
impact the future of business?
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3. Contributing Thought Leaders
Reuven Gorsht
@reuvengorsht
Chris Haydon
Joe Pine
@joepine
Rob Mihalko
@rmihalko
Ramesh Ramakrishnan
@Ramesh_Ramki
Rachel Spasser
Richard Downs
@Richarddowns
Timo Elliott
@timoelliott
James Marland
@JamesMarland
Christopher Rauen
@crauen
Drew Hofler
@dhofler
Jeremiah Owyang
@jowyang
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4. It Will Create Entirely New Value Chains
“ It means we can remove
the “chain” from “supply
chain.” When your
customers can be inserted
into the process, entirely
new value chains can be
created and efficiencies
can be realized. ”
Reuven Gorsht
Vice President, Customer Strategy, SAP
@reuvengorsht
Visit Reuven’s blog
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5. It Will Benefit Both Companies and Their Customers
“Nearly real-time, error-free
Rob Mihalko
Vice President, Seller Marketing and Discovery,
Ariba, an SAP Company
@rmihalko
Visit Rob’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
connectedness will increase
companies‟ competitive
advantage through lower
transaction and inventory
costs. It will also enable them
to react faster to customer
demands and reinvest savings
(and potentially increased
sales) back into the growth of
the business.
”
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6. It Will Be Structured
“The waters are getting
Richard Downs
Director, Solution
Marketing, EMEA, Ariba, an SAP
Company
@Richarddowns
Visit Richard’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
muddied with people wanting
to share sensitive data. I
believe once we reach this
point, the “sharing economy”
will take stock and require
structure and rules to pull
back on what we share and
with whom.
”
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7. Accounts Payable Will Become Strategic
“A networked supply chainto
enables trading partners
Christopher Rauen
collaborate in real time. And
one emerging area of
opportunity lies in accounts
payable. Incorporating the
accounts payable function into
a networked supply chain
transforms a largely tactical
function into a strategic asset.
”
Solutions Marketing Manager, Network and
Financial Solutions, Ariba, an SAP Company
@crauen
Visit Christopher’s blog
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8. It Will Be Powerful
“Think of the power of 1 or 2
Chris Haydon
Vice President, Product Management,
Ariba, an SAP Company
Visit Chris’ blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
million business participants
on a single network. The
process
alignment, innovation, and
insight that can be derived
from such a community is
something that no single
organization can ever hope to
achieve or collect
themselves.
”
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9. It Will Create a Social Supply Chain
rise
fall
“Companies willabilityandattract
based on their
to
Ramesh Ramakrishnan
Founder, RR Marketing Advisory
@Ramesh_Ramki
Visit Ramesh’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
and retain key members in a
network to contribute to their
current and future value
propositions. Quality and ethical
issues will get exposed, business
impact due to natural calamities
and political instabilities will
swiftly travel through the network,
and „wisdom of crowds‟ will kick
in to fix it. It will become a social
supply chain.
”
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10. It Will Bring More Customization
“ History shows that as soon
as you make the supply
chain more efficient, people
find new ways to make it
more complex. The ability to
do things in real time will,
above all, result in more
customization of products
and services.
”
Timo Elliott
Innovation Evangelist, SAP
@timoelliott
Visit Timo’s blog
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11. It Will Flex with Demand and Mitigate Risk Better
chains,
“ In supplyflex with we will see the
ability to
demand much
James Marland
Vice President, Ariba, an SAP Company
@JamesMarland
Visit James’ blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
more tightly. A truly networked
supply chain is the only realistic
way that this type of
hypercustomization can be
achieved. The other area where a
networked supply chain is
important is risk management –
with the ability to reroute defective
nodes. Also, by using a predictive
system, a supply chain manager
can start to see signs of trouble
before the node goes down.
”
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12. It Will Yield Insights and Savings
“The implications are
Drew Hofler
Director, Solutions Marketing,
Ariba, an SAP Company
@dhofler
Visit Drew’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
huge! With real-time
visibility into the entire
source-to-settle
process, key
stakeholders can yield
insights and savings
that are enormous.”
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13. Customers Become Part of the Network
“ The possibilities are extend the
great, especially if you
Joe Pine
Author, speaker, and management
advisor to Fortune 500 companies
and entrepreneurial start-ups
@joepine
Visit Joe’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
supply chain into a demand
network that encompasses
customers. This enables customers
to take part in that network, where
you have access to them and their
individual wants and needs in real
time. As a result, you can respond
instantaneously to new demand by
dynamically reconfiguring the
network‟s capabilities to meet it.
”
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14. It Will Be Efficient
“ The opportunity is to
increase efficiency by
Jeremiah Owyang
Chief Catalyst and Founder, Crowd Companies
@jowyang
Visit Jeremiah’s blog
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
sensing how supply chains
can be improved through
real-time alterations. To do
this, supply chains must
have sensors, capture the
signal, analyze the data in
real time, and facilitate an
actionable process to make
changes.
”
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15. To learn more about The Future of Work,
visit Business Innovation from SAP
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