• World's fourth largest privately-owned water company leverages on-demand solutions to drive savings and process efficiencies that enhance operations and customer value
SUNNYVALE, CA, May 8, 2007 -- Ariba, Inc., the leading spend management solutions provider, today announced that it has signed an agreement with Severn Trent Water, the world's fourth largest privately-owned water company. As part of ongoing efforts to strengthen its position as a leading water company in the United Kingdom, Severn Trent has launched an aggressive spend management program and selected Ariba's on-demand solutions to power it. Severn Trent is currently leveraging Ariba® Sourcing™ On-Demand Basic to drive savings and process efficiencies that enhance its operations and the value it delivers to its customers.
"At Severn Trent, we've set our sights on becoming a leader in the United Kingdom," said Larry Beard, Director of Purchasing, Severn Trent. "In order to do this, we must effectively manage our spend while maintaining our high quality standards and levels of service. In partnering with Ariba, we have the technology, expertise and services we need to achieve our goals."
A flexible and easy-to-use solution that helps organizations successfully structure and execute online negotiations, Ariba Sourcing On-Demand Basic combines software, expertise and services to ensure results. With Ariba's on-demand offerings, companies of all types and sizes can implement effective online sourcing programs without a substantial commitment of time or resources.
"Severn Trent is deeply committed to introducing new technologies and processes that enable us to drive continuous improvement across our business," said Rachel West, e-Sourcing Manager, Severn Trent. "With Ariba, we have access to a comprehensive set of tools that we are using successfully to streamline our procurement process and generate savings and efficiencies that positively impact our bottom line and ultimately, our customers."
"Spend management is a journey, and Severn Trent is blazing the trail among water companies," said Mike Arenth, General Manager, EMEA, Ariba. "In embracing Ariba's sourcing solutions, Severn Trent is well on the path not only to savings and efficiencies, but to the improved profits and the competitive advantage that procurement excellence can deliver."
Severn Trent Water is the world's fourth largest privately-owned water company, serving over 8 million customers across the heart of the UK, stretching from the Bristol Channel to the Humber, and from mid-Wales to the East Midlands.
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.
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