Ivalua’s Complete Retail Solution

Unlocking Savings & Business Value with Digital Procurement in Retail

BULGARI – Rethinking Procurement Processes Around Adoption to Drive Continuous Improvement

Ivalua empowers retailers with a complete source-to-pay platform to manage all their spend, improve supplier collaboration and innovation, mitigate supply chain risk and improve margins to reinvest in their business transformation.

BULGARI – Rethinking Procurement Processes

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Adapt Your Supply Chain by Better Managing Supplier Performance & Risk

Collaboratively preempt and mitigate potential supply chain disruptions with your suppliers
Map supplier risk & performance including all their sub-tier suppliers and sub-contractors
Enhance your risk & performance mapping with external data sources & alert systems
Optimize your forecasting and ordering process

Improve Margins and Cash With More Effective Cost Optimization

Increase your strategic insight and identify new sources of savings (e.g. not-for-Resale spend)
Maximize savings by improving compliant spend
Track and report on planned and actual savings
Improve cash positions by optimizing the Gross Margin Return On Inventory (GMROI)

IKEA – Successfully Integrate Sustainability

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The flexibility of Ivalua’s platform allowed us to evolve with the organization needs, which accelerated adoption and generated further efficiencies and cost optimization. Quote - Right - White

Arianna Vetrugno

Sourcing Excellence Senior Manager

BVLGARI

Read BVLGARI Customer Story

How Can Ivalua Help?

Build supply chain resilience – Gain visibility into supplier performance and risk. Build category strategies to ensure minimal disruption

Adapt to decentralized Procurement – Disrupted Supply Chains have many retailers looking for alternative local suppliers for equipment, materials and supplies, instead of having stores requesting and receiving inventory from corporate

Further optimize GNFR spend – Goods Not For Resale (GNFR) are a huge cost center, especially in the post-Covid-19 era. This spend area still presents a major opportunity for Procurement

Manage new spend – Investing in omnichannel with digital stores, such as enabling more click and collect and touchless in-store purchasing. Therefore, new business models introduce new spend categories and new suppliers, which must be set up and optimized to improve margins

Accelerate supplier diversity and inclusion – Driven by consumer expectations, retailers need to diversify their product offerings and scale up their supplier diversity and inclusion programs