Oriflame Puts Fresh Face on Sourcing with Ariba
Cosmetics company to discuss use of cloud-based solutions to enhance sourcing process, improve trading relationships at Ariba LIVE Barcelona
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Managing global direct and indirect spend often isnt easy. But with the help of Ariba, Inc. (ARBA), the worlds business commerce network, Oriflame, an international Beauty Company selling direct, is putting a fresh face on the process. On Wednesday, May 30, Loic Fresne, Purchasing Director for the company, will take to the stage at Ariba LIVE Barcelona to discuss how he and his team are successfully leveraging cloud-based applications from Ariba to better manage its sourcing process and trading relationships.
With operations in more than 60 countries worldwide, many suppliers of various commodities supporting six category products and approximately 3.5 million independent sales consultants to be served, efficiency across our processes and a good management of our supply chain is key to our ability to achieve optimal profitability, Fresne said.
To drive efficiency, Oriflame Purchasing has implemented Ariba® Sourcing" and Ariba Supplier Information Management" to maximize savings, record and monitor purchasing activities and gain efficiency across all purchasing categories. The solution has been integrated with Oriflames ERP system, which the company uses to manage its direct spend using standardized RFP templates to support its fast pace and number of new product developments which demand that suppliers be awarded on time and in full.
Oriflame relies on a complex and interconnected web of relationships to run its global business, said Henrik Smedberg, Ariba Nordics. Through Ariba, Oriflame has access to cloud-based applications, capabilities and a trading community through which it can effectively manage these relationships and optimize its performance.
About Ariba, Inc.
Ariba, Inc. is the worlds business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® 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. Companies around the world use the AribaNetwork to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba's expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba's operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Aribas results of operations and financial condition; delays in development or shipment of new versions of Ariba's products and services; lack of market acceptance of Ariba's existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company's pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions and dispositions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba's Form 10-Q filed with the SEC on May 5, 2012.
Karen Master, 412-297-8177
Source: Ariba, Inc.Copyright Business Wire 2012