Ivalua Software Streamlines Strategic Sourcing at Sagemcom
Leading European group in communicating terminals reduces time-to-market with Ivalua’s cloud procurement strategic sourcing software
Redwood City, CA – January 19, 2016 – Ivalua, the world’s leading cloud procurement and spend management solution, and Sagemcom Group today announced the deployment of Ivalua’s Strategic Sourcing solution across their global markets.
As the leading European group in communicating terminals with annual sales of €1.3 billion and headcount of 4,200 employees, Sagemcom Group’s deployment has resulted in rapid improvements and efficiencies in managing all stages of the procurement process, including supplier selection and evaluation, cross-functional collaboration and negotiation. The procurement teams now have a simple and collaborative sourcing tool, which provides real-time decision support during the supplier selection process.
“We operate in an extremely competitive and dynamic market. We would like to involve procurement as early as possible in the product life cycle in order to improve risk management, reduce our time-to-market and improve the company’s operational performance,” said Jean-Claude Barberan, Vice President of Purchasing at Sagemcom. “After requesting a proof-of-concept from several vendors, we found that Ivalua was the tool best suited to meet our business objectives dues to its many features, user-friendliness and ability to seamlessly interface with our ERP.”
Ivalua meets Sagemcom’s strategic sourcing challenges by:
- Unifying and standardizing purchasing processes across the global business units
- Enhancing Procurement’s responsiveness to production needs
- Providing a single point of access for communication between buyers, business divisions and suppliers
- Reducing the time needed to disseminate purchasing information (purchasing policy, RFI, RFP, etc.) at the global level to a panel of over 1,500 suppliers
- Managing a large volume of data thanks to interfaces with the group’s ERP
“We’re honored and proud of the trust that Sagemcom has placed in us for the implementation of this strategic project. Time-to-market is one of the main challenges faced by Purchasing Departments in the industrial sector and the tools developed by Ivalua provide real solutions to meet these challenges by improving the efficiency of purchasing teams during the tender, evaluation and negotiation processes with suppliers,” explains Dan Amzallag, CEO for Ivalua.
Ivalua is the world’s only end-to-end Cloud Procurement Solution powered by a single code base and a highly configurable platform, that addresses one hundred percent of your spend, without any supplier transaction fees. Since its founding in 2000, Ivalua has successfully implemented more than 200 customers with 500,000 daily active users and millions of suppliers in more than 70 countries. Ivalua’s customers report better, faster, more informed decisions that enhance business value, increase savings, mitigate risk and improve operations. Ivalua has been recognized in the Leaders Quadrant for Sourcing and Procurement software by leading Analyst firms such as Gartner Inc.
A French high-tech group of international dimensions, Sagemcom operates on the broadband (digital home, set-top boxes, Internet routers, telephony and multimedia terminals), smart city (smart meter, smart grid, smart site, smart infra, smart services) and Internet of Things (founding member of LoRa Alliance) markets.
With revenue of 1.3 billion euros, Sagemcom employs 4,200 people on five continents. Sagemcom aims to stay a world leader in communicating terminals with high added value.
Learn more about Sagemcom at www.sagemcom.com.