Aravo Launches `SIM Made Simple`

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Wed Sep 23, 2009 8:00am EDT

New Resource Area on Aravo.com Offers Best Practices in Managing Supplier Risk,
Compliance, Sustainability and Other Key Issues
SAN FRANCISCO--(Business Wire)--
Aravo Solutions, Inc., the leading provider of Supplier Information Management
(SIM) and Supplier Risk Management software and services, today announced SIM
Made Simple, a new resource area on Aravo.com that will offer best practices on
a wide range of supplier management, risk, compliance and sustainability issues.
The series will draw from Aravo`s experience managing millions of suppliers for
some of the largest companies in the world. 

The first best practice discusses "Turning Supplier Data into Supplier
Intelligence," which is a growing concern of many companies. According to a May
2009 AMR Research report, companies have been forced to increase their supplier
management employee headcount and system resources by 35% in order to manage all
the supplier data at their disposal, and they often spend $1000 per supplier per
year to manage supplier information across the enterprise. 

SIM Made Simple details how when supply chain professionals have the right
systems in place to manage supplier information - they have more than just
supplier data, they have supplier intelligence. Ultimately, companies should be
able to accelerate time-to-value in supplier information management programs
by:

* Setting up a rating system for suppliers 
* Having an early warning system for issues 
* Having pre-determined mitigation plans for various supplier risk scenarios 
* Knowing their suppliers' supplier

To read more about "Turning Supplier Data into Supplier Intelligence, visit SIM
Made Simple on Aravo.com. 

About Aravo Solutions

Founded in 2000, Aravo reduces the cost of managing supplier information by up
to 72%,1 according to leading analyst firm AMR. The world`s largest companies
trust Aravo to manage their global supplier information. Aravo's core product,
Aravo SIM, reduces costs by automating supplier management, and providing
real-time data that makes supplier relationships more cost effective thereby
reducing risk. From supplier management to risk management to supply chain
sustainability, Aravo`s Application Suite solves today's most demanding supplier
information management challenges. For more information, visit www.aravo.com. 

1 Rizzo, M. N. (April 28, 2009). GE lights up supplier management with Aravo.
AMR Research.

Aravo Solutions, Inc.
Paige O`Neill, 415-835-7612
poneill@aravo.com



Copyright Business Wire 2009

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