Centralized Supplier Information Management (SIM) System Drives Efficiencies, Eliminates Disparate and Disjointed Supply Chain Practices, and Drives Continuity, Consistency and Compliance
San Francisco, CA, January 28, 2008 – Aravo Solutions, Inc., the leading provider of on-demand Supplier Information Management (SIM) software and services, today announced that the company will offer a free 90 day subscription for supplier registration, profiling, validation and approval. The offer allows up to 5 buyer users to test the product with up to 2000 suppliers for a period of 90 days. This allows prospective customers to try out the product before investing in the subscription costs.
Aravo’s breakthrough Aravo SIM™ platform helps companies minimize risk and lowers costs for managing suppliers. This ushers in a new era in supplier management by making Aravo’s cutting edge platform available to all companies. Now organizations can reap the same efficiency and transparency benefits that CRM systems like Salesforce.com have brought to customer relations.
“We are making Aravo SIM easily available to any global organization that wants to drive new efficiencies in these uncertain times. Now every company has the opportunity to update their supplier management infrastructure and best practices,” said Tim Albinson, Aravo’s CEO. “The combined forces of complex and extended supply chains, new government and social compliance issues, and the need to manage and mitigate risk have put Aravo at the forefront of the supplier relationship equation.”
Supplier information has recently become a flashpoint for global organizations that need to manage risk, compliance and efficiencies in their supply chains. Recent headlines and product recalls have made this a boardroom issue with high visibility across the enterprise. While technologies have long been available for managing the transactional supply chain, many of these systems utilize out of date information and reside in multiple silos throughout the organization. This makes supplier relations more complex and driving efficiencies more challenging.
Aravo’s premiere product, Aravo SIM, removes the cost and complexity of enabling and managing supplier information, providing enterprises with a proven, centralized, on demand framework for enabling and managing supplier information within leading ERP and e-procurement applications such as Oracle, SAP and Ariba. Aravo’s newest product module, Aravo Sustain™, enables global buying organizations to proactively obtain, analyze and manage crucial sustainability data, such as supplier and factory regulatory compliance, toxic substances monitoring, carbon footprinting and fair labor practices.
About Aravo
The world’s best-run businesses utilize Aravo’s Cloud-based Supplier Lifecycle Management solutions and Supplier Risk Services to find and manage trading partner relationships, reduce supply chain risk, ensure global regulatory compliance and lower the cost of managing suppliers by up to 72%. Aravo launched the market’s first SIM/SLM solution in 2004 and has been the leading innovator in the space ever since. Customers such as General Electric, Accenture, and Boston University rely on Aravo to manage information and processes for over 2 million global suppliers. Aravo is based in San Francisco, with offices in Chicago, Dallas, New York, Portland, Monterrey, Mexico and Ahmedabad, India, and is backed by over $50 million in investment from Cisco Systems, Big Sky Partners, and others.
