Ariba Takes Sourcing to the Next Level; Latest Release of Ariba Sourcing Integrates Advanced RFX, Auction and Optimization Functionality with On-Demand Access to Expertise to Help Companies to Source Smarter and Faster Than Ever Before.SUNNYVALE, Calif. -- Ariba(R), Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced the release of Ariba Sourcing(TM) version 4.4, moving the definition of world-class sourcing solutions to the next level. Building on Ariba's industry-leading capabilities, this release features advanced RFX RFX Receiver/Fixture Interface RFX Royal Foreign Exchange (Royal Bank of Canada) RFx Request for Information, Proposal or Quotation RFX Tactical Experimental Reconnaissance Aircraft RFX Record Field Exchange , real-time optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , and auction capabilities that enable companies to source even the most complex categories of spend smarter and faster than ever before. And on-demand access to a wide variety of sourcing and category experts helps to generate sustainable bottom-line results. With Ariba, companies can access market and commodity knowledge they can leverage to make better sourcing decisions and tap experts who can provide the support needed to deliver results -- all as part of a single, integrated technology solution. "We've seen sourcing evolve dramatically over the last decade, and our customers have been at the forefront of these changes," said Steve Markle, Senior Manager, Sourcing and Contract Management Solutions Marketing, Ariba. "To help them maintain and strengthen their competitive advantage we are continually enhancing our solutions to combine the most innovative technology features with integrated expertise and services that allow them to evaluate and source spend quickly, efficiently and consistently." "With hundreds of buyers and thousands of suppliers spread around the world, it is imperative that we bring standardization standardization In industry, the development and application of standards that make it possible to manufacture a large volume of interchangeable parts. Standardization may focus on engineering standards, such as properties of materials, fits and tolerances, and drafting to the RFX process and automate To turn a set of manual steps into an operation that goes by itself. See automation. our controls," said Bob Kane, Director of Supply Chain Management, General Dynamics General Dynamics Corporation (NYSE: GD) is a defense conglomerate formed by mergers and divestitures, and as of 2006 it is the sixth largest defense contractor in the world[1]. The company has changed markedly in the post-Cold War era of defense consolidation. C4 Systems. "Over the last four years, our business unit used Ariba Sourcing to manage bids for everything from fiber optic cables Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power to contract labor and made significant progress toward our goals." New Capabilities for Smarter, Faster Sourcing The enhanced Ariba Sourcing features advanced RFX capabilities, real-time optimization tools and on-demand access to Ariba's sourcing experts -- all designed to help companies rapidly address more categories of spend and accelerate their speed to value. Among the specific features of the latest release: --Powerful tools that allow buyers to revise the contents of an RFX in response to changing market conditions after it has been published. --Robust decision support and real time optimization tools that enable buyers to place constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. on volume to facilitate better analysis in events involving suppliers with varying capacity. --Advanced scoring capabilities that enable weighting of sections within an RFX questionnaire, so that individual questions have a proportional impact on total score. --New copy functionality that allows buyers to copy lines, lots, groups and associated project data such as total cost, attributes, suppliers and prices to eliminate redundant actions and accelerate the RFX creation process. --Enhanced Total Cost Formula Builder that allows buyers to test formulas and perform "what-if "scenarios. --Multi-line forward auctions that enable companies to lower complete lifecycle costs by supporting end-of-life liquidations. --Active notification feature through which companies can access Ariba experts on demand to ensure the successful execution of their events. "Successful spend management isn't about software or services. It's about software and services," Markle added. "With Ariba Sourcing 4.4, we are delivering both in an integrated package, making it easier than ever for companies to maximize the spend they have under management and accelerate their results." Product Availability The latest version of Ariba Sourcing is available and fully-enabled for use by Ariba On-Demand and Enterprise customers. About Ariba Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com. Copyright (C) 1996 - 2005 Ariba, Inc. Ariba and the Ariba logo are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., Ariba. This is Spend Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Category Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , Ariba Contract Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract Workbench, Ariba Data Enrichment enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. , Ariba eForms, Ariba Sourcing, Ariba Invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. , Ariba Travel & Expense, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. All other trademarks are property of their respective owners. Ariba Sourcing solutions are protected by one or more of the following patents: U.S. Patent Nos. 6,199,050; 6,216,114; 6,223,167; 6,230,146; 6,230,147; 6,408,283; 6,499,018; and 6,564,192. Ariba Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 its current expectations include, but are not limited to: 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 as·sim·i·late v. as·sim·i·lat·ed, as·sim·i·lat·ing, as·sim·i·lates v.tr. 1. Physiology a. To consume and incorporate (nutrients) into the body after digestion. b. acquired companies; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; 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 All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. ; the impact of our acquisitions, including the disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed December 7, 2005. |
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