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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
Manufacturers are constantly looking for new opportunities for growth and higher margins. Often these objectives are best accomplished by entering new markets, innovating faster and launching more products and services. However, these activities are complex, risky and expensive. To make matters more challenging, manufacturers also face rapidly evolving customer demands, changing regulation and compliance requirements and rapid technology innovation, all of which shorten the product lifecycle.
Designing and delivering products that delight customers and yield maximum growth and profitability requires a different approach.
Procurement Solutions for Manufacturing
Ready to Transform Your Procurement and Supply Chain?
Rapid Speed-to-Value: Quick Deploy Packages for Manufacturing
Improve Margins
- Single unified platform to manage all spend: Direct, CapEx, Indirect, MRO and Services
- Supplier selection analysis with target and actual cost modeling
- Define, track and collaborate on simple to complex sourcing projects and seamlessly capture terms, SLAs and pricing with Contract Management
- Leverage category management for 360° visibility and strategic planning
Grow Revenue & Innovate
- Gain visibility into n-level Bill of Materials hierarchy and manage target and actual costs
- Achieve faster time to market for new products
- Engage all stakeholders (suppliers, engineering, sourcing) throughout the product lifecycle
- Include internal and external stakeholders in secure collaborative product development
Ensure Reliable Supply of Product
- Preempt potential supply chain disruptions, plan accordingly and secure your supply chain needs
- Reduce cycle time and manual processes with PO Automation & collaboration
- Improve collaboration and transparency between procurement and suppliers on direct materials
- Manage Asset and Tooling budgets and lifecycles collaboratively with suppliers
Manage Risk and Ensure Quality & Performance
- Quality support including: Corrective Actions, 8D, PPAP and APQP
- Supplier 360° view for registration, qualification, credentials and overall information management
- Performance & risk evaluation with templates, scorecarding and issues management
- Extensive access to risk, CSR, blacklist and other types of 3rd party supplier information
Ivalua has enabled our transformation journey effectively, making Procurement more agile and digital. It really began with a focus on suppliers and clean supplier master data to make better decisions. Resolving this empowered efficiency, visibility and much more value creation for the business.
Cyrille Naux
Executive VP of Purchasing and Supply Chain
We operate in a highly competitive and dynamic market. Our desire is to involve Procurement further upstream in the purchasing process and the product lifecycle with the aim of managing risk, reducing time-to-market and improving the company’s performance. Ivalua has proved to be the most suitable tool for our business due to its functionality, its ergonomics and its interfacing capabilities with our ERP.
Jean-Claude BARBERAN
Purchasing Director, Sagemcom
THE ANALYSTS AGREE – IVALUA IS A LEADER
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