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Stocks A / Ariba, Inc.

URL:  http://boards.fool.com/new-business-18243741.aspx

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 marke