Ariba Sourcing provides online collaborative sourcing technologies that allow buyers and suppliers of direct, indirect, and specifications-based raw materials to locate ideal trading partners, negotiate purchases, and strengthen supply chains on the Internet. Ariba Sourcing offers support for the complete sourcing process. Ariba's SmartMatch automated supplier identification technology aids in supplier sourcing from the SmartMatch supplier database or from a private database of registered and approved suppliers. The full disclosure bidding environment executes RFQ price negotiation using an Internet-based, realtime reverse auction mechanism. Durable goods orders fall.
Consumer confidence falls.
Microsoft denies monopoly, files appeal. Third-quarter growth slowest in four years. Intellution introduces iDownTime. GE names president and chairman-elect. SmarTeam unveils SmartInventor.