TÜV SÜD and Ivalua: Engineering Trust in Every Transaction

Industry:

Services

Headquarters:

Munich, Germany

Employees:

28,000

Website:

www.tuvsud.com

About TÜV SÜD

TÜV SÜD is a leading global technical services organization founded in 1866, dedicated to safety, security, and sustainability. They provide testing, auditing, inspection, and certification (TIC) across industries including automotive, healthcare, and electronics, with operations in more than 1,000 locations worldwide.

Challenges

Procurement Team Operating At Significant Scale: The global spend from Japan to the US is managed from the headquarters. TÜV SÜD needed to streamline its end-to-end procurement processes, and improve business efficiencies.
Highly Complex Indirect Spend Management: For TÜV SÜD, a large share of spend is indirect services, spanning across thousands of service categories; engineering, lab operations, advisory, audits, and inspections. A reliable, dedicated services supply chain is a must.
Highly Regulated Environment: Procurement needed globally consistent supplier selection and risk management processes that could withstand rigorous audits.

Benefits

Streamlined Procurement Processes: Ivalua partnered closely with TÜV SÜD to build a specialized Global Procurement process, to manage 15 shared service organisations and ~€900 million in global spend.Greater Visibility and Control : TÜV SÜD now runs all its worldwide tendering through Ivalua’s single S2P platform improving transparency across operations.
Stronger Executive Alignment : Increased transparency and enhanced reporting helped the procurement team secure stakeholder, executive, and board-level confidence and support.
Improved Agility: The platform supports a more flexible, holistic, and transparent end-to-end procurement process that can adapt to evolving business needs.

Solutions Selected

Supplier Risk & Performance

Sourcing

Contract Management

eProcurement

Intake Management

Invoicing

IVA

Payments

Spend Analysis

With having such a powerful platform, the transparency and the reporting, every stakeholder internally realized now we know where the money goes. We have a huge buy-in because everyone is very happy with the surface, with the usage of the platform!