Sodexo Serves Up Better Commerce at Ariba LIVE 2012
Company to share success in revolutionizing foodservice procurement on mainstage at business commerce event of the year
SUNNYVALE, Calif., March 27, 2012 – Ariba, Inc. (Nasdaq:ARBA), the world’s business commerce network, today announced the latest addition to its blue-chip roster of speakers set to take the stage at Ariba LIVE 2012, the business commerce event of the year which will be held April 10-12 at Caesar’s Palace in Las Vegas. On Wednesday, April 11, Ann Oka, Sr. Vice President Supply Management, Sodexo Inc. and Tony Tocco, CIO, IS&T, Sodexo Inc. will take center stage to share the story of their successful implementation of The Market Connection, a revolutionary procurement system powered by Ariba.
Sodexo is a leading provider of Quality of Daily Life Solutions to business, government, health care and educational organizations. Partnering with Ariba, Sodexo sought a transformative procurement solution that provided complete transparency to manage spend throughout the entire supply chain.
“Supply chain transformation takes more than just good ideas. It requires a solid strategy and tight alignment between business and IT leaders,” said Oka. During their presentation, Oka and Tocco will outline how they were able to tame the challenges of implementing a complex supply chain procurement application. This was accomplished through a combination of innovative supply network vision, well-aligned execution and collaborative partnership between Procurement and IT.
“From day one, there was a real sense of trust and respect for what everyone brought to the table. That made collaborating easy because people felt valued for what they knew,” said Tocco. “With collaboration, you’re able to explore alternatives so you get to the best answer. As a result, we were able to develop The Market Connection – a company-wide e-procurement system which is a mission-critical system for an organization as large and far reaching as Sodexo.”
Powered by Ariba® Procure-to-Pay™, Sodexo created a revolutionary e-procurement system that allows it to efficiently track and manage orders and spend across more than 5,700 business units. Known as The Market Connection, the system is the first of its kind in the foodservice industry and enables Sodexo to drive a best-in-class procure-to-pay process. Through The Market Connection, Sodexo is driving savings and efficiencies that positively impact Sodexo, the clients they serve and the manufacturer and distributor partnerships they maintain.
The heart of Ariba’s Procurement solution, Ariba Procure-To-Pay combines the functionality of Ariba Buyer™, Ariba Invoice™, Ariba Settlement™ and Ariba Analysis™ in a single, integrated solution to help companies automate, improve, control and monitor procurement to realize immediate process efficiencies and cost savings.
The technology is used to support all procurement activity across Sodexo’s foodservice business and is the second most-used application within the company. More than $3.8 billion in spend and over 2.2 million orders have been processed through The Market Connection which is used by over 12,000 enabled users. Approximately 10,000 invoices are processed through The Market Connection daily Monday - Saturday.
“Three years ago, Sodexo made a bold move to completely automate procurement,” said Tim Minahan, Chief Marketing Officer, Ariba. “With thousands of buyers and transactions, it was a daunting task. But by implementing an innovative set of technology-based tools to manage its procure-to-order process, Sodexo has succeeded.”
About Sodexo in North America
Sodexo, Inc. (www.sodexoUSA.com), leading Quality of Daily Life Solutions company in the U.S., Canada, and Mexico, delivers On-site Service Solutions in Corporate, Education, Health Care, Government, and Remote Site segments, as well as Motivation Solutions such as Esteem Pass. Sodexo, Inc., headquartered in Gaithersburg, Md., funds all administrative costs for the Sodexo Foundation (www.SodexoFoundation.org), an independent charitable organization that, since its founding in 1999, has made more than $17 million in grants to fight hunger in America. Visit the corporate blog at www.sodexoUSA.com/blog.
Sodexo, world leader in Quality of Daily Life Solutions
Quality of Life plays an important role in the progress of individuals and the performance of organizations. Based on this conviction, Sodexo acts as a partner for companies and institutions that place a premium on performance and employee well-being, as it has since Pierre Bellon founded the company in 1966. Sharing the same passion for service, Sodexo's 413,000 employees in 80 countries design, manage and deliver an unrivaled array of Quality of Life Services. Sodexo has created a new form of service business that contributes to the fulfillment of its employees and the economic, social and environmental development of the communities, regions and countries in which it operates.