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Aravo Solutions, which offers on-demand supplier information management software and services, says its Aravo SIM platform will help General Electric automate and streamline supplier information-related business processes to increase efficiencies, improve supplier data quality, drive compliance, and reduce costs. In addition, Aravo SIM offers GE's suppliers an easy-to-use, self-service interface to author and maintain information required to do business with GE at both the corporate and business-unit levels.
GE does business with more than 500,000 suppliers across thousands of entities in more than 100 countries. The implementation began in March 2008 and is now live globally. The initial implementation phase supports GE's corporate supplier management organization, and will be rolled out to all GE business units by year end. Additional phases are planned for 2009.
"We evaluated a number of alternatives for managing our suppliers and their information, but Aravo SIM was the best commercially available solution capable of meeting our complex global needs," says Gary Reiner, senior vice president and CIO of GE. "We are now managing over 500,000 suppliers and their data in Aravo SIM, and have just gone live in six languages with suppliers around the world. We expect that Aravo SIM will deliver significant cost savings, while improving data accuracy, compliance and productivity."
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