Del Monte Foods Enhances Operations With Ariba

Ariba, Inc. (NASDAQ:ARBA) today announced that Del Monte Foods (NYSE:DLM), one of the country’s largest producers, distributors and marketers of premium branded food and pet products, is expanding its use of Ariba® Spend Management solutions. As part of aggressive efforts to control costs and operate more efficiently, Del Monte has broadened its portfolio to include additional offerings that enable it to increase visibility into its spending activities and drive greater savings and efficiencies across its operations. Del Monte has been using Ariba as its platform for procurement since 2005. The expansion supports Del Montes Value Improvement Program, an initiative designed to offset inflationary pressures and generate $50 million in cost savings by the end of fiscal 2007.


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