This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Lawson Products Bolts Onto Ariba To Deliver Better Commerce

Stocks in this article: ARBA LAWS

The best way to attract and retain customers is to make it easy for them to do business with you. Recognizing this, Lawson Products, Inc. (NASDAQ:LAWS), an industrial distributor that helps companies improve operational performance , has bolted onto Ariba, Inc. (Nasdaq: ARBA), the world’s business commerce network.

“eProcurement simplifies our customers’ experience, which helps us strengthen our customer relationships and ultimately build market share,” said Christian Wiltrout, Vice President, Marketing and Product Management, Lawson Products. “Through the Ariba® Network, we can streamline and enhance the procurement process for our customers and deliver the best possible service to them.”

Used by companies around the world to simplify inter-enterprise commerce and enhance the results that they deliver, the Ariba Network is the world’s largest web-based trading community. Using the network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before.

Lawson Products joined the Ariba Network more than a decade ago at the request of a key customer, and has since leveraged the community to:

  • Create state-of-the-art catalogs that streamline the ordering process, fuel contract compliance, increase visibility into the entire order process and help ensure accurate and current pricing
  • Deliver eQuotes to reduce order cycle times and eliminate errors
  • Enable fast, accurate reconciliation between orders and bills through eInvoicing
  • Provide greater exposure of its entire product line to its current customers
  • Tap into a global community of buying organizations to drive new business

Lawson Products now serves more customers through Ariba than any other eCommerce platform. “With Ariba, we can onboard customers within 24 hours and begin transacting more efficiently with them. That is a major competitive advantage for us,” Wiltrout said.

1 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs