In today�s economy, it isn�t enough for companies to know what
they�re buying and from whom. To maximize savings opportunities and
drive them to the bottom line, buyers need current intelligence on
supply market dynamics that they can leverage to make optimal
sourcing decisions. With the latest release of its market-leading
spend analysis offering, Ariba, Inc. (Nasdaq:ARBA), the leading
on-demand spend management solutions provider, puts this
information at their fingertips.
�Cost reduction is a top priority for most companies and to
generate savings, organizations not only need to know what they are
spending, but what�s going on in global supply markets to ensure
that sourcing strategies are devised to capitalize on changing
supply and pricing trends,� said Alex Saric, Director, Solutions
Management, Ariba. �It�s great to know that your prices dropped 20
percent in a given category, but which spend categories offer the
greatest savings opportunity based on current market dynamics? How
does your pricing compare to market indices? And how does your
spend profile compare to that of your peers? With the latest
release of Ariba� Spend Visibility�, companies can quickly and
easily answer these questions and make more strategic buying
decisions. �
Leveraging Ariba�s market-leading global commodity and sourcing
experts, Ariba Market Visibility enriches classified spend data
with up-to-date information on current supply market dynamics and
pricing trends for more than 500 spend categories. Embedded within
Ariba Spend Visibility, the new service also recommends techniques
to align sourcing priorities with market opportunities, devise
fact-based strategic sourcing plans, and maximize savings.
Delivered on-demand, Ariba Spend Visibility combines an
industry-leading knowledge classification base with advanced
technologies and an integrated database of over 51 million
suppliers to deliver the richest and most accurate classification
and enrichment of spend available in the market. Ariba Market
Visibility includes data from a cross-section of sources which
companies can leverage to identify and maximize opportunities for
savings across their spend, including:
- Market Indices See how
prices are fluctuating from a market perspective and compare your
data with market trends to optimize sourcing-friendly
conditions.
- Ariba Category Knowledge
Database View results from Ariba-led sourcing activities by
region to determine which markets are ripe for sourcing savings and
which you should avoid, plus accurately forecast your savings.
- Peer Spend Profiles Opt
to participate in Ariba�s market-leading benchmark program and
compare your spend profile against peers in your industry to see
how you stack up.
Customers can also load their own price or market indices into
Ariba Spend Visibility to create a single source for accessing all
the information necessary to drive strategic sourcing
decisions.
�Optimal purchasing decisions require visibility into internal
spend data, external market conditions and global supplier data,�
Saric said. �With the latest release of our Spend Visibility
solution, Ariba delivers all three in a single, integrated
package.�
More than 200 companies currently use Ariba�s spend visibility
solutions to find and lock-in savings, including: AstraZeneca, Del
Monte Foods, H&R Block, Inc., JLG Industries, Inc., Johns
Manville Corporation, Nestl� USA, Inc., PPG Industries, Inc., Tyco
International, Zurich Financial Services, and many others.
Availability
Ariba Market Visibility is available and in use today as part of
the Ariba Spend Visibility solution. To learn more about the
offering and how your organization can leverage it to improve
profits, reduce risk and gain competitive advantage, visit:
www.ariba.com/go/visibility.
About Ariba, Inc.
Ariba, Inc. is the leading provider of on-demand spend
management solutions. Our mission is to transform the way companies
of all sizes, across all industries, and geographies operate by
delivering software, service, and network solutions that enable
them to holistically source, contract, procure, pay, manage, and
analyze their spend and supplier relationships. Delivered on
demand, our enterprise-class offerings empower companies to achieve
greater control of their spend and drive continuous improvements in
financial and supply chain performance. More than 1,000 companies,
including more than half of the companies on the Fortune 500, use
Ariba solutions to manage their spend from sourcing and orders
through invoicing and payment. For more information, visit
www.ariba.com
Copyright � 1996 � 2009 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com,
Ariba.com Network and Ariba Spend Management. Find it. Get it. Keep
it. are registered trademarks of Ariba, Inc. Ariba Spend
Management, Ariba. This is Spend Management, Ariba Solutions
Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management,
Ariba Category Procurement, Ariba Contract Compliance, Ariba
Contracts, Ariba Contract Management, Ariba Contract Workbench,
Ariba Data Enrichment, Ariba eForms, Ariba Invoice, Ariba Payment,
Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense,
Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network,
Ariba Supplier Connectivity, Ariba Supplier Performance Management,
Ariba Content Procurement, Ariba PunchOut, Ariba QuickSource,
PO-Flip, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba
Supply Lines, Ariba Supply Manager, Ariba LIVE, It�s Time for Spend
Management and Supplier Lifecycle Management are trademarks or
service marks of Ariba, Inc. All other brand or product names may
be trademarks or registered trademarks of their respective
companies or organizations in the United States and/or other
countries.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release
involve Ariba's expectations, beliefs, hopes, plans, intentions or
strategies regarding the future and are forward-looking statements
that involve risks and uncertainties. All forward-looking
statements included in this release are based upon information
available to Ariba as of the date of the release, and we assume no
obligation to update any such forward-looking statements. These
statements are not guarantees of future performance and actual
results could differ materially from our current expectations.
Factors that could cause or contribute to Ariba's operating and
financial results to differ materially from current expectations
include, but are not limited to: the impact of the credit crises on
Ariba�s results of operations and financial condition; delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive
new products and services on a timely basis; introduction of new
products or services by major competitors; the ability to attract
and retain qualified employees; difficulties in assimilating
acquired companies, long and unpredictable sales cycles and the
deferrals of anticipated orders; declining economic conditions,
including the impact of a recession; inability to control costs;
changes in the company's pricing or compensation policies;
significant fluctuations in our stock price; the outcome of and
costs associated with pending or potential future regulatory or
legal proceedings; the impact of our acquisitions, including the
disruption or loss of customer, business partner, supplier or
employee relationships; and the level of costs and expenses
incurred by Ariba as a result of such transactions. Factors and
risks associated with its business, including a number of the
factors and risks described above, are discussed in Ariba's Form
10-Q filed with the SEC on February 6, 2009.
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