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According to Ariba, Yamanouchi, the first Japanese-based pharmaceutical company to implement Ariba Buyer, is using the solution to centralize and streamline its

According to Ariba, Yamanouchi, the first Japanese-based pharmaceutical company to implement Ariba Buyer, is using the solution to centralize and streamline its
purchasing processes, reduce purchasing costs and cycles and benefit from
economies of scale purchasing. Yamanouchi employees have used the solution to
electronically purchase a variety of goods and services including lab equipment and supplies, business travel services and office equipment.

"Large, multi-national corporations such as Yamanouchi are ideally
positioned to reap significant benefits from Enterprise Spend Management, and
use it to provide an ongoing competitive edge," said Michael Schmitt, EVP and
Chief Marketing Officer, Ariba. "Along with our local partners, Ariba is
committed to helping Yamanouchi attain its spend management goals, and to add
the company to our growing list of worldwide pharmaceutical success stories
for excellence in spend management."

In a phased deployment, Yamanouchi commenced the Ariba Buyer rollout in
July this year at its head office and Hasune branch in Tokyo, and recently
extended the system to 12 domestic branches, four research laboratories, three
plants and most of its subsidiaries. The company plans to make new spend
commodities, such as contract and temporary labor services, available by the
end of 2002.