Savings don’t count unless they reach the bottom line.
Recognizing this, Sunway Group, a leading Malaysian conglomerate is
leveraging Ariba, Inc. (NASDAQ: ARBA), the leading provider of
collaborative business commerce solutions to identify opportunities
for cost reductions and convert them into hard-dollar results.
Using Ariba’s cloud-based solutions, Sunway has created and
implemented a standard, best-practice process for procurement
across more than 100 business units to drive lower costs and fuel
the long-term, profitable growth of its operations.
“We were facing two main challenges,” said Dato’ KL Tan, Group
Managing Director, Sunway. “We had inconsistent sourcing processes
across various business units, and we were missing savings
opportunities as a result.”
To overcome these challenges, Sunway tapped Ariba® Sourcing™
On-Demand . A flexible, hosted solution that can be quickly and
easily deployed, Ariba Sourcing On-Demand combines the technology,
expertise and services needed to create effective markets for
direct materials and indirect goods and services with best practice
processes that companies can implement to improve the effectiveness
of their operations. The company is also using and Ariba Savings
& Pipeline TrackerTM to ensure that savings negotiated actually
materialize. Sunway has been using Ariba’s solutions since November
2008.
"Through Ariba's solutions, we have been able to harmonize our
sourcing process across 100-plus business units and drive savings
of five percent across our spend directly to the bottom-line"
“Sunway had the right vision that by streamlining its sourcing
processes, it could achieve both its savings and business goals,”
said Sivakumar Thulasidoss, General Manager & Regional Group
Director, Ariba. “By leveraging solutions delivered in the Ariba
Commerce Cloud, Sunway has been able to quickly and
cost-effectively gain control of its costs, increase its
efficiencies, and optimize its performance and profits.”
About Sunway Group
Seeded in a small tin-mining company established in 1974, Sunway
Group has thrived to become one of Malaysia’s most widely
recognized and diversified conglomerates with a multitude of
established businesses. Its core businesses include: civil
engineering and construction; building materials; trading and
manufacturing; quarrying; information technology; property
development and investment; leisure, entertainment and hospitality;
healthcare; and education.
Visionary leadership, perceptive and transparent corporate
policies, and synergistic teamwork have contributed to the Group
into becoming what it is today – a leader in all areas it
specializes in. Sunway is the only Malaysian organization in the
Asia Pacific region that was ranked sixth in the Hewitt-Fortune-RBL
Top Companies for Leaders 2007 in recognition of its unflinching
commitment to human capital management.
The Group encompasses two Main Board listed companies – Sunway
Holdings Berhad (Sunway Holdings) and Sunway City Berhad (SunCity).
Sunway Holdings is an investment operations arm with core
businesses in construction, building materials, trading,
manufacturing, and quarry while SunCity is involved in the areas of
property development and property investment that also comprises
hospitality industries.
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 HarborSafe 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 or dispositions; 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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