Lend Lease Reconstructs Procurement with Ariba
International property and infrastructure group implements cloud-based solutions to drive transparent, globally compliant process across UK operations
SUNNYVALE, Calif. – August 7, 2012 – 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.”
About Lend Lease
Lend Lease is a leading international property and infrastructure group. In the UK, it is the only fully integrated retail, residential and commercial provider offering cohesive in-house solutions for mixed-use developments. The company has core capabilities in development, investment management, construction, asset and property management.
Lend Lease is listed on the Australian Stock Exchange and operates in four key regions – Australia, Asia, Americas and EMEA (Europe, Middle East, Africa). The group has over 17,000 employees worldwide.
The company as of June 2011 has over A$10.9 billion funds under management and market capitalization of A$5.1 billion.
Lend Lease is listed on the Dow Jones Sustainability World Index (DJSI World) and in 2011 achieved the highest score (100 per cent) across the real estate sector for the environmental policy and management category. Dan Labbad, Chief Executive Officer, Lend Lease – EMEA, is Chairman of the UK Green Building Council and is co-Chair of the new Green Construction Board alongside Business Minister Mark Prisk MP.
About Ariba, Inc
Ariba, Inc. is the world’s 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 Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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