Like Aribas existing Sourcing platform, the new application suite enables buyers to automate the sourcing process online. The Enterprise Sourcing platform allows professional buyers to access supplier management tools and commodity templates to source suppliers, negotiate contracts, analyze what they are spending, and conduct online e-procurement, Ariba officials said. The company last week tried to put less-than-flattering events behind it-the loss of CEO Larry Mueller after one quarter in office, poor first-half financial results and a major company restructuring-by introducing Ariba Enterprise Sourcing, its first major move into the direct procurement arena. Ariba Inc., the former Wunderkind of business- to-business e-commerce that has fallen on hard times, is looking to right its ship with a new line of direct procurement software.
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