Ariba, Inc. (Nasdaq:ARBA), the leading spend management
solutions provider, announced today that Topco Associates LLC, a
leading private-label purchasing consortium serving food retailers
and wholesalers, will leverage its on-demand offerings to increase
and accelerate the savings it delivers. As part of its mission to
create competitive advantage for its member-owners, Topco will
implement a comprehensive range of Ariba�s spend management
solutions through TopSource, LLC. TopSource LLC is Topco�s
strategic Not-For-Resale sourcing arm whose main purpose is to help
companies lower costs on a wide range of goods and services,
including corporate and national brands, perishables, equipment,
supplies and business services.
�Rising costs for ingredients and transportation as well as
cutbacks in consumer spending have combined to create one of the
most difficult environments for food retailers and wholesalers in
recent history,� said Chuck Wright, Director, Sourcing, TopSource.
�At TopSource, we strive to help our members overcome these
barriers by applying innovative technologies and processes to lower
costs and improve the efficiency of their supply chains.�
To drive these goals, TopSource will use a combination of Ariba�
Sourcing� On-Demand, Ariba Contract Management� and Ariba Supplier
Performance Management�. With Ariba Sourcing, TopSource can enhance
its ability to negotiate for goods and services and drive
bottom-line savings. Leveraging Ariba Contract Management,
TopSource can manage and drive compliance with agreements. And
through Ariba Supplier Performance Management, TopSource can
discover, assess, and on-board new supplier partners with the
ability to continuously measure and improve supplier
performance.
�TopSource has taken the lead on helping food-related companies
weather the tough economy by applying cutting-edge solutions and
procurement best practices to drive substantial and measurable
savings on goods and services that are critical to their
operations,� said Daryl Rolley, Senior Vice President and General
Manager, North America and Asia Pacific Operations, Ariba. �In
adding Ariba�s spend management solutions to its portfolio,
TopSource can enhance its own efficiencies and create even greater
value for its members.�
About Topco Associates LLC
Topco Associates LLC is a $9.9 billion, privately held company
that provides innovative business solutions for its food industry
member-owners and customers. Topco leverages the collective volume,
knowledge and commitment of these companies to create a competitive
advantage in the marketplace by reducing costs and offering winning
business-building capabilities. Together, Topco members represent
more than $120 billion in sales and thousands of stores across the
country.
About TopSource LLC
TopSource LLC is a wholly owned subsidiary of Topco Associates
LLC, the largest cooperative buying organization in retail food. By
applying a structured sourcing process and through spend
aggregation, TopSource assists premier grocery, retail and
wholesale companies realize significant savings in the area of
Not-For-Resale (NFR), often called indirect spend. Across eleven
NFR categories, TopSource has saved its customers an average of
18.1% on an annual basis in areas such as store equipment, office
products/services, packaging, IT/Telecom, construction, logistics
& distribution, marketing, health care, utilities and hired
services.
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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