Lend Lease Reconstructs Procurement With Ariba

Ariba, Inc. (NASDAQ: ARBA), the world’s business commerce network, today announced that Lend Lease, a leading and international property and infrastructure group, is leveraging its cloud solutions to build a transparent, globally compliant procurement process across its UK-based operations.

“As a provider of property management and construction services involving public funds and authorities, it is critical that we have a standard, best-practice process for sourcing goods and services that we can use to drive savings, efficiencies and compliance with the various regulations,” said Nigel McKay, Head of Procurement & Supply Chain – EMEA, Lend Lease. “Ariba provides us with an open platform through which we can collaborate both internally and with external partners to achieve this goal.”

The Ariba ^® Network is an efficient, effective, and universally adopted platform for global commerce between businesses and contains everything that’s needed to drive it, including:

• Market-leading applications for Spend Management, Collaborative Finance Management, and Sales Acceleration Management – all delivered as scalable, cost-effective and burden-free cloud-based services
• The world’s largest Web-based trading community, empowering global businesses to discover, connect, and collaborate for better commerce
• Ariba Exchange, the industry-leading customer community where companies can network, share best practices, and collaborate with partners and peers
• Market, technical, strategic and other expert capabilities that can be accessed on-site or remotely via the Web as needed to support ever-changing business needs and objectives

Within the Ariba Network, Lend Lease UK will leverage Ariba Discovery ^®, the premier service for matching business buyers and sellers globally, to find suppliers. The company will also use Ariba Sourcing On-Demand to more efficiently negotiate with its trading partners and manage interactions with them through award optimization and savings tracking.

“As Lend Lease continues to grow its business within the UK, it is critical that the company has solutions and processes in place that allow it to efficiently control costs, minimize risk and enhance its performance and profits,” said Ted Kondis, Vice President and EMEA General Manager, Ariba. “With Ariba, Lend Lease has easy access to technology, capabilities and a global community it can leverage to achieve these goals and strengthen its edge in an increasingly uncertain and competitive marketplace.”

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