Other listed-automakers, such as Indus Motor Company Limited (INDM.PSX) and Pak Suzuki Motor Company (PKSU.PSX), have also been forced to halt production for the last three quarters due to Pakistan's economic difficulties, which have seen central bank foreign exchange reserves drop to a level barely able to cover four weeks of imports. “As a result, the Company is not in a position to continue with its production and ultimately has continued to shut down its plant from Apto April 15, 2023,” the company, a unit of Japan's Honda Motor Co Ltd (7267.T), said in a notice to the Pakistan Stock Exchange. Honda says that economic challenges in Pakistan have impacted its supply chain. Today, you’ll find that SAP Business Network delivers a new portal experience and intuitive workbench, but this is just the beginning. The company announced an initial shutdown on March 8, which was expected to end on March 31. As an Ariba Network supplier, you now are a member of SAP Business Network, a unified network for all trading partners offering seamless collaboration with customers and cross-network process orchestration. A free standard account enables you to participate in sourcing events, collaborate on contracts, and transact an unlimited number of documents. Ariba (now SAP Ariba) was founded in 1996 4 by Bobby Lent, Boris Putanec, Paul Touw, Rob Desantis, Ed Kinsey, Paul Hegarty, and Keith Krach 5 on the idea of using the Internet to enable companies to facilitate and improve the procurement process, which was paper-based, labor-intensive, and inefficient for large corporations. SAP Ariba is a cloud-based B2B marketplace where buyers and suppliers can find each other and. Proven Success Over 308.7M of business posted every month How Ariba Discovery Works Learn More 1. The next figure highlights the source-to-pay capabilities and the supporting SAP Ariba modules. SAP Ariba: connect with the worlds largest business network. SAP Business Network Ariba Discovery Ariba Exchange Join Ariba Discovery Feedback Help Log In Im Buying Home Sellers Customers About. KARACHI, Pakistan, March 31 (Reuters) - Honda Atlas Cars Pakistan Ltd (HATC.PSX) on Friday announced a 15-day extension to the longest plant shutdown to date, citing the country's current economic crisis, restrictions on opening letters of credit for imports, and halting foreign payments. In recent years, SAP Ariba has extended capabilities beyond traditional source-to-pay technologies and journeyed into enabling an intelligent digital enterprise utilizing the power of SAP Business Network.
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