Ariba Salutes Newark with 2009 Spend Management Excellence Award

Premier Farnell, a multi-channel, high service distributor supporting millions of engineers and purchasing professionals worldwide, has announced that Newark, a division of Premier Farnell, has received a 2009 Ariba Spend Management Excellence Award for being an Ariba Supplier Network pioneer, the company noted in a release.

According to a release, Newark, who has been at the forefront of e-solutions for its customers, was recognized onstage during a special awards ceremony at Ariba LIVE 2009 World Tour in Chicago on May 19th. Spend Management solutions use web based technology to align organizations, processes, and systems to analyze, source, contract, procure, pay, manage and continuously improve global supply for best-value performance in support of the strategic objectives of the business.

"The 2009 Spend Management Excellence Award winners each demonstrated unique leadership, vision and commitment in applying leading-edge spend management solutions and techniques," said Tim Minahan, Chief Marketing Officer, Ariba. "We are pleased to recognize these companies for their ability to drive positive and profound change within their organizations and the procurement industry at large."

The winners were selected by an independent panel of judges with representatives from Supply & Demand Chain Executive, CPO Agenda, Aberdeen Group and AMR Research.

"We are very pleased to receive this award," said Dianne Kibbey, Global Head of Portals and eProcurement, Premier Farnell. "Through our business partnership, we have raised the bar on the capabilities and services we can offer to our mutual customers that are driving spend management."

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