Automotive

Automotive manufacturers – both OEMs and Tier 1 through N suppliers – are consistently charged with reducing costs, introducing innovation, achieving compliance, enhancing supplier performance and employee retention. Achieving these objectives are hard given the reactive, opaque and regionally aligned procurement and supply organizations prevalent in the Automotive sector.

The core solution to this challenge is to digitize the end to end source-to-pay process with a focus on improving speed, efficiency, control, and visibility. Digital transformation of Procurement enables Automotive procurement leaders to focus on business value, customer service and Accountability.

With Source-to-Pay Digitization, procurement and finance leaders in Automotive companies can leverage global spend, standardize KPIs and processes, effectively collaborate with suppliers and consistently develop their staff.

The Definitive
Automotive Guide

 

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Stay Ahead of the Curve with Better Spend Management

 

  • Shorten Procurement Cycle Times
  • Cost Reduction
  • Supply Chain Risk Management
  • Cash Management
  • Improve Operational Efficiency
  • Supplier enabled innovation

Ivalua’s Advanced Automotive Functionality

 

Realize savings
& conserve cash
  • RFQ
  • Cost Breakdown Analysis
  • BOM Centric Sourcing
  • Build-to-Order Sourcing
Automate end to end processes
  • NPI Management
  • Supplier Profile
  • Approved Supplier Lists by Plant & Commodity
  • Assets and Tooling
  • Mass Supplier Deliveries
  • APQP Support
Enable agility
& innovation
  • Nightly Spend Data refreshes
  • Supplier Improvement Plans and Targets
  • Productivity Action Plans
Improve control
& lower risk
  • NDA and Contracts
  • Quality Mgmt. and Certs
  • Advanced Vendor & Item Master Management
  • Supplier Risk Profiles
  • Supplier Diversity

Ivalua helps Automotive Companies Innovate

Ivalua customers see immediate and sustainable results

 

$2 Billion

Managed in direct and indirect spend by a leading automotive and aerospace company

$800M

In annual savings by a leading global tire manufacturer

12 legacy systems

Replaced by 1 platform across 330 sites and 34 countries by a leading provider of automotive engineering solutions

66000 Active Suppliers

and 330 Strategic suppliers proactively managed by a major automotive manufacturer

Proven – Reliable Partner for Automotive

Ivalua customers are among the leaders and top performers in their industries. Since 2000 they have been using our solutions to create sustainable value from automating end-to-end processes, improving control and lowering risks, and enabling agility and innovation.