Air Products Goes Live With Ariba Enterprise Sourcing

Leading Global Electronics And Chemical Processing Company Implements Ariba Spend Management Solutions

25-Apr-2002
SUNNYVALE, Calif., April 24, 2002 – Ariba, Inc., the leading Enterprise Spend Management (ESM) solutions provider, today announced that Air Products and chemicals, Inc. has gone live with Ariba® Enterprise Sourcing™. Air Products selected Ariba Enterprise Sourcing last Fall to help standardize and improve its online sourcing processes -- including locating suppliers and generating requests for quotations -- to help manage spend across the company. Since utilizing Ariba® Spend Management™ solutions, including Ariba® Buyer™ and the Ariba® Supplier Network™, Air Products has already realized several million dollars in annual savings by increasing the volume of purchased goods from its preferred suppliers, consolidating its supply base and lowering its transactional costs. Currently, more than 1,700 active users in the US and UK have access to Ariba Buyer. The system enables employees to purchase items such as office supplies, lab and safety supplies, pipes, valves and fittings, and promotional items from their desktops. By complementing its e-procurement system with Ariba Enterprise Sourcing, Air Products can now manage spend across its entire buying process -- including, planning, analyzing, sourcing, requisitioning and ordering. The product will also help the company to ensure that users comply with contracts from preferred suppliers though the Ariba Supplier Network.

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