


Ariba & SIMM Announce 2011 Procurement Excellence Awards
SUNNYVALE, Calif.--([ BUSINESS WIRE ])--Procurement has undergone a significant transformation in the last decade, moving from a tactical function to a strategic imperative that companies of all sizes, across industries rely on to drive performance improvement and boost profits. But change doesna™t just happen. Today, Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, in partnership with The Singapore Institute of Materials Management (SIMM), recognized a group of innovators who are charting a new course for the future of procurement in Southeast Asia and China as part of the 2011 SIMM - Ariba Procurement Excellence Awards.
"I promise that I will not take this award as a privilege nor an entitlement but rather as an inspiration to do better in my craft"
aWhile the global economy is showing continued signs of improvement, companies remain focused on driving savings and efficiencies that positively impact their operations and their bottom line. And procurement professionals are leading the charge,a said Sivakumar Thulasidoss, Managing Director, South East Asia, Korea and China, Ariba. aThe SIMM-Ariba Procurement Excellence Awards are designed to honor these individuals and the contributions they make every day to delivering results for their organizations.a
Selected by an independent panel of judges, the SIMM-Ariba Procurement Excellence Awards are designed to acknowledge individuals who through the use of innovative solutions and processes have helped to transform their procurement operations and deliver their companies to new worlds of excellence.
aThe 2011 SIMM-Ariba Procurement Excellence winners understand that success in todaya™s economy requires companies to think and act in new ways and through their vision for change, they are leading the way, creating new models for operating that deliver results,a said Roger Lee, Program Director, SIMM, Singapore.
Recipients of the 2011 SIMM-Ariba Procurement Excellence Awards include:
- Young Procurement Officer of the Year
Ms Medalyn Yee, Axcelis Technologies Pte Ltd, Singapore
aI feel considerably honored to receive an award and deeply feel that this is a testimonial to my commitment and tribute to my dynamism as a Buyer,a said Medalyn Yee, Buyer, Axcelis Technologies.
- Chief Procurement Officer of the Year
Richard Joaquin V. Sison, St. Lukea™s Medical, Philippines
aI promise that I will not take this award as a privilege nor an entitlement but rather as an inspiration to do better in my craft,a said Ricardo Joaquin V. Sison, Vice President of Supply Chain, St Luke's Medical.
- Company of the Year
Sunway Management Sdn Berhad, Malaysia
aThis award is a realization of our vision towards becoming one of the best-in-class procurement organizations," said Allan Hau, Assistant General Manager, Sunway Management Sdn Bhd.
aIt was a privilege to be a part of this wonderful initiative and evaluate the high quality nominations that were received from various companies across various countries,a said Joselito G. Diga, CFO, Unilab, Philippines, one of the judges of the 2011 competition. aDuring the evaluation process, we had the opportunity to understand the fantastic work done by the Procurement & Sourcing professionals in various companies and it was tough work to make the final calls with such a talented pool of applicants.a
The SIMM-Ariba Procurement Excellence Awards will be presented on an annual basis. For more information on the awards or to nominate an innovative procurement executive or organization, visit: [ http://www.simm.org.sg ] or email to [ awards@simm.org.sg ]
About SIMM
The Singapore Institute of Materials Management (SIMM) was incorporated in 1980 as a non-profit and self-supporting independent educational institution, with quality as its corporate emphasis. SIMM has since grown to be a premier institution offering Logistics, Supply chain Management and E-commerce education for the industry training professionals and assisting also in the conversion of manpower for personnel not in the Logistics and Procurement field or industry.
The primary objective of the Institute is to establish and to maintain a high standard of knowledge and excellence in the field of Logistics and Procurement. The secondary objective is to promote and foster the study, research and development on Logistics and Materials Management on all aspects from Purchasing and Supply Chain Management to applying latest E-commerce technology and practices to the field of Logistics and Purchasing. For more details, visit: [ http://www.simm.org.sg ]
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world's largest web-based trading community to help companies discover, connect and collaborate with a global network of partners a" all in a cloud-based environment. Using the Ariba® Commerce Cloud, businesses of all sizes can buy, sell and manage cash more efficiently and effectively. Over 500,000 companies around the globe use the AribaCommerce Cloud to simplify inter-enterprise commerce and enhance results. Why not join them? To get on the path to Better Commerce, visit: [ www.ariba.com/commercecloud/ ]
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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 Aribaa™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 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; 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 May 5, 2011.