June 17, 2005

French auto manufacturer Renault is expanding its use of B2B Spend Management Suite from supply-chain and B2B software developer Ariba.

Renault has been using Ariba's Spend Management product, which is designed to enhance the speed and effectiveness of an organization's procurement efforts, for three years.

The new agreement also includes the continued use of Ariba's Sourcing technology platform, an application that allows buyers and suppliers to locate trading partners, negotiate purchases and strengthen supply chains on the internet.

Renault said it has realized cost savings for direct and indirect goods and services in France, Spain, Romania, Brazil and Turkey through its implementation of the software.

Source: Computer Business Review Online