Best Buy turns to CCP global to implement Ariba Spend Management Solution
CCP global deploys Ariba Buyer and Ariba Travel & Expense for consumer
electronics retailer
Chicago, Ill. (March 11, 2002) -CCP global announced today that Best Buy
Co., Inc. (NYSE: BBY), North America`s largest consumer electronics
retailer, is using CCP global to implement its Ariba®, Inc. (Nasdaq: ARBA)
procurement solution, in an effort to reduce two of its biggest overhead
costs - indirect goods and travel expenses.
CCP global, the third largest Ariba systems integrator, provides significant
change management expertise, along with strategic sourcing and procurement
knowledge to support companies during the design and installation of new
procurement and sourcing systems.
"Through Ariba® Buyer™, CCP global is helping Best Buy to streamline and
automate our purchasing process in order to reduce the cost of procuring
indirect goods," said Dan McDermott, information systems program manager at
Best Buy. "CCP global`s business and technical knowledge will help us be
successful as we continue to enhance our eProcurement initiatives."
CCP global is helping Best Buy to integrate its back-end systems, including
the Oracle financial platform, and to create a single system, powered by
Ariba, for purchasing that replaces multiple older systems currently in use.
CCP global is working on the Best Buy project in conjunction with Cap Gemini
Ernst & Young Group, which is handling the sourcing components during the
deployment.
With an initial implementation of four months, CCP global has helped Best
Buy capture the individual spending for items such as office supplies,
computers, services, business forms and travel expenses. By the summer of
2002, 500 Best Buy stores and Best Buy corporate offices are expected to be
using the Ariba® Spend Management™ solution.
"Best Buy understands the necessity of Internet-enabling its purchasing
processes to cut spending," said Dennis Ducham, president and CEO, CCP
global. "In a competitive industry like consumer electronics, overhead
reduction and process improvements are key to reducing operating costs."
"Leading Enterprise Spend Management solutions from Ariba combined with
implementation expertise and knowledge from CCP global will position Best
Buy to realize procurement efficiencies and cost reductions," said Eileen
McPartland, executive vice president solutions development and delivery,
Ariba, Inc.
CCP global`s expert analysis and seamless integration expedite the adoption
and simplify the learning for Global 1000 customers such as Best Buy that
are implementing eProcurement and sourcing systems. It helps customers
enhance the acceptance and use of these systems by strategic suppliers,
leading to greater cost savings.
About Best Buy
Minneapolis-based Best Buy Co., Inc. (NYSE:BBY) is North America`s number
one specialty retailer of consumer electronics, personal computers,
entertainment software and appliances. The Company operates retail stores
and commercial web sites under the names: Best Buy (BestBuy.com), Future
Shop (FutureShop.ca); Magnolia Hi-Fi (MagnoliaHiFi.com), Media Play
(MediaPlay.com), On Cue (OnCue.com), Sam Goody (SamGoody.com) and Suncoast
(Suncoast.com). The Company reaches consumers through more than 1,900 retail
stores in the U.S., Canada, Puerto Rico and the U.S. Virgin Islands.
About CCP global
CCP global offers comprehensive strategic guidance for Fortune 500
procurement professionals seeking to implement eProcurement initiatives that
improve control over vendor selection, create procurement efficiencies and
increase profits. CCP global provides significant change management
expertise, along with strategic sourcing and procurement process knowledge,
to support companies during the design and installation of new eProcurement
systems. This expertise helps deliver superior ROI through expanded
supplier involvement, enhanced processes and thorough internal training.
CCP global is the third largest Ariba System Integrator, a Supplier
Enablement Partner, and the only certified Ariba Education Provider outside
of Ariba. CCP global`s Web site is www.ccpglobal.com.
About Ariba, Inc.
Ariba, Inc. is the leading Enterprise Spend Management (ESM) solutions
provider. Ariba solutions are designed to specifically address the needs of
the chief financial officer and procurement professionals. The Ariba Spend
Management Suite will provide a single point of visibility and control
allowing companies to engage, manage, and leverage the entire spend
lifecycle from analysis, through sourcing, to procurement across the
enterprise, while providing systematic measurement, tracking and reporting
of best practices. Ariba can be contacted in the U.S. at 1.650.390.1000 or
at www.ariba.com.
Ariba and the Ariba logo are registered trademarks of Ariba, Inc. in the
United States and in other countries. Ariba Spend Management, Ariba Buyer
and Ariba Travel & Expense are trademarks of Ariba, Inc. All other
trademarks are the property of their respective owners.
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