Airline selects spend management solutions to drive cost savings across operations
Sunnyvale, CA — November 3, 2004 — Spend management solutions provider Ariba Inc. today announced that Continental Airlines, the world's sixth largest airline, has selected a suite of Ariba spend management solutions to drive cost savings across its operations.
"To maintain competitive advantage in today's airline industry, it is imperative that Continental identify innovative ways to manage its costs," said Jeff Misner, executive vice president and chief financial officer, Continental. "With its combination of technology, category expertise and services, Ariba provides us with tools we can use to identify substantial savings while maintaining the high quality of service that our passengers have come to expect. We are very pleased to be using them as part of our strategic initiatives."
As part of its enterprise-wide cost savings initiatives, Continental will use a suite of Ariba Spend Management solutions to further enhance its sourcing processes and drive the compliance necessary to generate bottom-line results.
Among the solutions that Continental will use are: Ariba Analysis, Ariba Buyer, Ariba Category Management, Ariba Contract Compliance, Ariba Invoice and Ariba Sourcing. The airline will also have access to Ariba Supplier Performance Management and Ariba T&E as part of the agreement.
"Continental's aggressive implementation of cost savings initiatives has enabled the airline to perform well in a tough environment and strengthen its position as a leader among the major carriers," said Dave McCormick, president, Ariba. "We look forward to providing them with the coverage they need to accelerate their bottom-line results."