This Day On The Street
Continue to site
ADVERTISEMENT
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

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.”

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,162.99 +121.45 0.67%
S&P 500 2,123.48 +19.28 0.92%
NASDAQ 5,106.5930 +73.8420 1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs