The European provider of mobile services, O2, has selected Ariba Spend Management solutions to help cut costs and streamline its procurement processes.
Since March 2004, O2 says it has implemented five strategic sourcing events using Aribas Spend Management solutions and has achieved more than $8 million worth of savings across various industry categories.
As O2 continues to deliver improved market performance and customer growth, we are committed to making our procurement world-class in order to drive bottom-line business improvement and better engagement with our suppliers. We need to ensure that our procurement department is as efficient and effective as possible and benefits from Aribas expert systems and processes, said Simon Lee-Smith, Chief Procurement Officer, O2. Working with Ariba, weve already achieved significant reductions in process time and supplier costs. In fact, we justified our investment with Ariba with savings from one single sourcing event .
The Company has pointed as its overall procurement objectives, to streamline its strategic sourcing process, standardize eSourcing as best practice, automate the contract lifecycle, and improve productivity of professionals. To achieve these objectives, O2 is using Ariba Contracts including Ariba Contract Workbench, and Ariba Category Management.
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