Ariba helps Czech firms win orders around world

24 May. 2006 | CzechInvest | Ariba, a leader in the area of comprehensive cost management including provision of global sourcing services and supplier procurement, has opened its office for Europe, the Middle East and Africa in Prague. The Ariba centre will employ up to 90 people, especially university graduates. Thanks to Ariba, Czech firms have already received substantial foreign orders.

“Through Ariba Czech firms can participate in sourcing projects for suppliers around the world,” says Premysl Pela, general manager of Ariba’s Prague branch, explaining Ariba’s operating principle. “For example, the printing house Svoboda Press won a tender for Deutsche Post, for which it will print a weekly magazine featuring a television schedule. Its output should soon surpass three million copies per week."

Ariba has been operating on the Czech market since 2004. The company opened its new centre in response to growing customer demand. For firms operating in the Czech Republic and elsewhere in Europe, as well as in the Middle East and Africa, Ariba offers professional services in the area of purchasing direct and indirect commodities, services and cost-management support.

“The global economy doesn’t represent a threat; it represents a great opportunity for all firms that aspire to take advantage of it. In many fields and professions today, it is not particularly important where orders are physically carried out. Flexibility, support and quality of the product are the decisive factors,” says Tomas Hruda, CEO of CzechInvest.

"Svoboda Press is not the only Czech firm that has successively participated in our sourcing projects for multinational companies. In the past two years, Czech companies have won tenders with the value of over two billion Czech crowns," adds Premysl Pela of Ariba.

MORE ABOUT ARIBA

Ariba was founded in the United States in 1996 and is publicly traded on the NASDAQ stock exchange. Initially, the main focus of the company’s activity was on the development of software for administration of reserve auctions. These auctions, which are conducted exclusively in electronic form, are held for the purpose of acquiring the best price when purchasing goods or services. Currently, Ariba is the market leader in providing comprehensive solutions in the area of cost management including global sourcing and supplier procurement. Ariba’s customers include companies in the following fields and industries: energy, financial, high-tech, manufacturing, pharmaceuticals telecommunications, automotive and transport, as well as the public sectors. Among the companies that Ariba serves are, for example, Audi, British Airways, Bank of America, CIBC, DuPont, FedEx, Visa, Hewlett–Packard, Vodafone and Telefonica.
www.ariba.com