Ariba’s latest spend management suite contains three distinct solution sets: one that analyzes a company’s spending patterns, a second that enables negotiating contracts with suppliers, and a third for quick execution of individual purchasing transactions. Spend management essentially is a synonym for strategic sourcing, which features applications that enable companies to select direct materials suppliers for specific products, negotiate contracts, and monitor supplier performance in relation to contracts. Both the term-and the software package behind it-represent a significant evolution for Ariba, which was at the forefront of the e-procurement movement. Click here to register.Īll Vendors: You should complete your registration at least 48 hours before a bid submission is due.The new corporate mantra at Ariba, Mountain View, Calif., is convincing customers to “put spend management at the center of their universe.” Spend management is the term Ariba adopted to describe how companies will use its latest set of software solutions. Please Note that changes made in MFMP - VIP, including new registrations, will take effect the following business day. You will not be informed of events for commodities that you do not select here. Within the MFMP - VIP, in the Commodity Selections section, select the commodity codes for the goods and services that your business would like to provide to the State.Within MFMP - VIP, indicate on the Solicitations page that you wish to participate in electronic solicitations.Create an account through the MFMP Vendor Information Portal (MFMP - VIP).If you are not currently registered with MFMP you must:
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