Ariba, Inc. (Nasdaq: ARBA), the leading provider of
collaborative business commerce solutions, today announced that it
has signed an agreement with The Weetabix Food Company, producers
of the UK’s favorite breakfast. As part of ongoing efforts to
reduce costs and improve profits, The Weetabix Food Company will
tap into Ariba’s cloud-based offerings to enhance the efficiency
and effectiveness of its procurement process and better manage
relationships with key suppliers.
“Weetabix has a strong reputation for its commitment to product
quality,” said Anthony Bowdidge, Head of Procurement at The
Weetabix Food Company. “In order to maintain our standards, we must
identify the right partners to deliver the goods and services we
need and negotiate best-value agreements that allow us to optimize
our cost structure and trading relationships. Ariba provides us
with technology and best-practice processes through which we can
achieve these goals.”
The Weetabix Food Company will use Ariba® Sourcing™ On Demand to
consolidate spend, identify opportunities for savings and drive
them to the bottom line in both the UK and the United States.
Ariba Sourcing On Demand is used by thousands of companies to
create and implement competitive, best-value agreements. By
combining best-in-class sourcing and negotiation technology with
access to a global network of suppliers and unparalleled strategy
and category expertise, Ariba Sourcing On Demand enables companies
of any industry, size, or geography to drive fast, sustainable
results by automating and streamlining critical tasks across the
sourcing lifecycle, including:
Strategy Development - Identify savings opportunities,
assess market dynamics, and develop an informed sourcing
strategy.
Sourcing and Negotiating - Identify and qualify
suppliers, negotiate best-value agreements, make optimal award
allocations, fuel project collaboration, standardize processes and
manage knowledge.
Monitoring and Managing Suppliers and Agreements -
Quickly implement supplier agreements, track and realize savings,
and manage supplier performance.
Using Ariba Sourcing On Demand, companies around the world:
- Source more than $340 billion in annual
spend across 500 categories
- Save $30 billion a year on average
- Cut process and cycle times by
approximately 50 to 70 percent
“In today’s uncertain economy, buyers and suppliers must work
more closely together than ever,” said Mike Arenth, General
Manager, EMEA, Ariba. “The Weetabix Food Company clearly recognizes
this and in selecting Ariba Sourcing On Demand, has access to all
of the tools necessary to fuel greater collaboration and negotiate
optimal agreements that ensure not only its success, but that of
its partners.”
The Weetabix Food company joins more than 325,000 companies
around the world – including 93 of the Fortune 100 - who are using
Ariba's solutions to control costs, minimize risk, improve profits
and optimize performance, including leading European firms such as:
Airbus S.A.S., AXA France, BNP Paribas, BP plc, British Sky
Broadcasting Group plc, Commerzbank AG, Credit Suisse Group, Diageo
plc, GlaxoSmithKline plc, Heineken NV, Moeller, Nestle SA, Nokia
Corporation, Pfizer AG, Roche Pharmaceuticals, Sanofi-Aventis,
Telefonica S.A. and Unilever Plc, among others.
About The Weetabix Food Company
The Weetabix Food Company has been creating delicious breakfast
cereals since 1932. We produce popular cereals including Weetabix,
Oatibix, Alpen, Ready brek, Weetabix Mini’s and Weetos. The
business has expanded significantly since we first started out and
we now employ over 2,000 people around the world. Our best known
cereal, Weetabix, is officially the UK’s favourite breakfast.
Our unique range of breakfast cereals isn’t just popular in the
UK either – we also export to over 80 countries worldwide, from the
Middle East and South America to Europe and South East Asia. For
more information visit www.weetabix.co.uk
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business
commerce solutions. Ariba combines industry-leading technology to
optimize the complete commerce lifecycle with the world's largest
web-based community to discover, connect and collaborate with a
global network of trading partners, delivering everything needed to
control costs, minimize risk, improve profits and enhance cash flow
and operations – all in a cloud-based environment. Whether you’re
buying, selling or managing cash, you can do it more efficiently
and effectively in the Ariba® Commerce Cloud. Over 325,000
companies, including more than 90 percent of the Fortune 100, use
Ariba’s solutions to drive more efficient inter-enterprise
commerce. Why not join them? For more information on Ariba commerce
solutions and the results they deliver, visit www.ariba.com
Copyright © 1996 – 2010 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network,
Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are
registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba
Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement,
Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement
Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba
Category Management, Ariba Category Playbooks, Ariba StartSourcing,
Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment,
Ariba Contract Management, Ariba Contract Compliance, Ariba
Electronic Signatures, Ariba StartContracts, Ariba Invoice
Management, Ariba Payment Management, Ariba Working Capital
Management, Ariba Settlement, Ariba Supplier Information and
Performance Management, Ariba Supplier Information Management,
Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation,
Ariba Express Content, Ariba Ready, and Ariba LIVE 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 impact of any
acquisitions, including risks and uncertainties arising from the
possibility that a closing may be delayed or may not occur and
difficulties with the integration process or the realization of
benefits of a transaction; the impact of our disposition, including
the potential disruption of our ongoing business; 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 and
dispositions, 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 August 5,
2010.
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