CANTON, Mass. -- Cumberland Farms has extended and expanded its relationship with spend management provider Ariba Inc., Sunnyvale, Calif.
The retailer has been using Ariba QuickSource since 2005 as its platform for launching spend management. Under the terms of a multi-year agreement, Cumberland Farms will continue to leverage Ariba's technology, commodity expertise and spend management services to broaden its initiatives and drive greater results.
In launching a spend management program, we knew we needed more than just technology, [image-nocss] said Ari Haseotes, director of strategic planning and business development for Cumberland Farms, Canton, Mass. We needed commodity expertise, knowledge of market dynamics and insight into best practices, and we wanted it all in a single solution that we could get up and running quickly.
A unique combination of managed software, commodity knowledge and spend management expertise, Ariba QuickSource gives companies access to tools needed to drive spend management success in a single, integrated offering, the company says. Offered on a subscription basis, the solution is an ideal way for companies of all sizes to start or grow their spend management programs, it added.
With Ariba QuickSource, we can structure and execute projects in ways that enable us to buy quality products that meet customer expectations and deliver them at competitive prices, Haseotes said.
While identifying savings that it can pass along to its customers is the initial goal of Cumberland Farms' spend management program, the company intends to leverage Ariba QuickSource to enhance its organizational efficiency by prioritizing sourcing projects and leveraging industry best practices.
Cumberland Farms owns and operates more than 1,100 convenience store and gasoline facilities in New England, New York, the Mid-Atlantic states and Florida. More than 600 of these locations are Cumberland Farms branded c-stores, the majority of which have petroleum facilities. In addition, more than 400 sites are owned and leased to individual franchisee dealers who market petroleum products under the Gulf and Exxon flags. As part of its integrated c-store operations, the company has ice cream and bakery operations and owns and operates a 550,000-sq.-ft. warehouse distribution center in Westboro, Mass.
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