2024
Manufacturing Procurement and Supply Chain Management
As manufacturers navigate the complex and ever-evolving global business environment, there is one key factor that can help ensure their success – supply chain resilience. Manufacturers need to be able to manage a variety of challenges ranging from geopolitical implications or natural disasters right through customer expectations for quality, cost & innovation – all while maintaining profitability.
Manufacturing Procurement and Supply Chain Management
To ensure supply chain resilience is achieved through long-term success of quality goods at competitive costs – transparency from all angles has become essential for businesses seeking agility across operations as well as collaboration between suppliers and buyers.
A Proven, Reliable Partner for Manufacturing Companies
Transforming their Procurement Processes
Improve Margins
- Develop a strategy to manage all spend on a single unified platform
- Simplified and comprehensive strategic sourcing, analytics, and optimization
- Leverage category management for 360° visibility and strategic planning
- Seamlessly capture terms, SLAs and pricing with contract management
Grow Revenue with Product Launches
- Develop innovative product launches
- Improve supplier management and development programs
- Collaborate and engage with all stakeholders
- Keep your Bill of Materials up-to-date and collaborate with internal/external teams
Ensure Reliable Product Supply
- Identify and preempt potential supply chain disruptions/capacity issues
- Reduce cycle time with supply chain transaction and inventory replenishment automation
- Manage asset and tooling lifecycles and budgets with suppliers
- Improve direct material collaboration & transparency between procurement and suppliers
Manage Risk to Ensure Quality & Performance
- Gain a 360° view of suppliers across supply chain tiers
- Inform Source-to-Pay processes across all spend
- Easy access to centralized risk, performance, qualifications, CSR, blacklists, and 3rd party information
- Improve quality process collaboration and efficiency with corrective actions, 8D, PPAP, and APQP
After a comprehensive evaluation of many leading vendors, we selected Ivalua. Their approach has been that of a true partner. And the Ivalua platform enables us to manage all major sourcing activities [direct and indirect] in one place, driving standardization and supplier data harmonization across our global businesses. 
Michael Stietz
SVP & Chief Procurement Officer
Körber
THE ANALYSTS AGREE – IVALUA IS A LEADER
Related Resources
The Partner Perspective – Why Ivalua for Direct Materials?
