Ariba Listed Among 100 Great Supply Chain Partners
SUNNYVALE, Calif.--([ BUSINESS WIRE ])--Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, has been named one of the world's 100 Great Supply Chain Partners by Global Logistics & Supply Chain Strategies (GL&SCS) magazine. Selected by the magazine's readers, Ariba was recognized as a provider whose solutions have made a vital impact on overall supply chain performance.
"The purpose of this list is to recognize the vendors that have so impressed our readers that they deserve to be held up as exemplary leaders for others to follow," said Brad Berger, Publisher, GL&SCS. "This is our opportunity to thank the providers that have not only helped our readers achieve better results but have also shown other providers what it takes to be more than just another vendor. Congratulations to Ariba for being selected a 2008 GL&SCS Great Supply Chain Partner."
The GL&SCS 2008 100 Great Supply Chain Partners evaluated more than 400 technology and service providers during a six-month poll in which senior level logistics and supply chain professionals were asked to nominate organizations whose technology, logistics, transportation or consulting solutions have made a significant impact on their company's efficiency, customer service and overall supply chain performance. Winners were selected on the basis of their ability to demonstrate the following characteristics:
1. Reliability |
2. Repeatable excellence |
3. Value and cost savings |
4. Expertise and knowledge base |
5. Problem-solving ability |
6. Continuous improvement |
7. Support |
8. Positive culture |
9. Global capabilities |
10. Strong management |
"To remain competitive in today's global economy, manufacturers must have a reliable network of partners who can help them minimize supply risk and deliver measurable results," said Tim Minahan, Chief Marketing Officer, Ariba. "Ariba offers a unique combination of technology, category expertise, market knowledge and services to enable companies to gain greater visibility into and control of their supply chains and drive performance and cost savings that positively impact their bottom line."
Over 1,000 companies around the world, including more than half of the Fortune 500, use Ariba solutions to manage their supply chains from end-to-end – from sourcing and orders through invoicing and payment. To learn more about Ariba's solutions and the results they can deliver, please visit [ www.ariba.com ].
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 ]
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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-K filed with the SEC on November 19, 2008.