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Stocks A / Ariba, Inc.


Subject:  New business Date:  12/4/2002  7:38 AM
Author:  Donde Number:  3062 of 3069

if we are going to make it the new business needs to rock n' roll..

03 Dec 2002, 10:59 AM EST Msg. 28097 of 28099

SUNNYVALE, Calif., Dec. 3 /PRNewswire-FirstCall/ -- Ariba(R), Inc. (Nasdaq: ARBA), the leading Enterprise Spend Management (ESM) solutions provider, today announced that Yamanouchi Pharmaceutical Co., Ltd. has deployed the Ariba(R) Buyer(TM) procurement solution throughout its Japanese operations. Yamanouchi, the first Japanese-based pharmaceutical company to implement Ariba Buyer in Japan, is using the solution to centralize and streamline its purchasing processes, reduce purchasing costs and cycles and benefit from economies of scale purchasing. Yamanouchi employees have used the solution to electronically purchase a variety of goods and services including lab equipment and supplies, business travel services and office equipment. "Large, multi-national corporations such as Yamanouchi are ideally positioned to reap significant benefits from Enterprise Spend Management, and use it to provide an ongoing competitive edge," said Michael Schmitt, EVP and chief marketing officer, Ariba. "Along with our local partners, Ariba is committed to helping Yamanouchi attain its spend management goals, and to add the company to our growing list of worldwide pharmaceutical success stories for excellence in spend management." In a phased deployment, Yamanouchi commenced the Ariba Buyer rollout in July this year at its head office and Hasune branch in Tokyo, and recently extended the system to 12 domestic branches, four research laboratories, three plants and most of its subsidiaries. The company plans to make new spend commodities, such as contract and temporar