Automotive

The automotive sector is undergoing incredible change, and fast. OEMs have to deal with disruptive innovations such as electronic, autonomous and connected vehicles. Together with their suppliers, they must also ensure agility in the supply chains while keeping an eye on costs, risk, and regulation. Differentiation of products and services is key to building or just maintaining market share and increasingly these will be defined by software (i.e., digital) innovation versus traditional means.

As the makeup of the supplier base evolves and agility and speed to market become bigger priorities, Procurement is well-positioned to make a significant impact, should they be up to the task. Achieving these objectives is not easy given the reactive, opaque and regionally aligned procurement and supply organizations prevalent in the Automotive sector.

Ivalua for Automotive Companies

Ivalua has empowered leading automotive Procurement organizations to make a positive impact on all spend categories – direct, indirect and services. Our highly configurable and flexible source-to-pay cloud platform has enabled Procurement and its suppliers to become competitive differentiators.

Innovation and Direct Sourcing
- Include internal and external stakeholders in secure collaborative product design and development
- 2D & 3D document sharing
- Define, track and collaborate on complex sourcing projects
- Easily search historic activity and never lose collaboration data
BOM Lifecycle Manager
- Manage your product’s bill-of-materials (BOM)
- Achieve target costs for the end product
- All product information in one place, including cost and non-cost factors
- Manage supplier engagement throughout the product lifecycle
- Supplier selection analysis and cost modelling
Automate end to end processes
- Simple to complex sourcing processes
- Supplier information and qualification
- Contracting and Procure-to-pay
- Forecasting and order collaboration
- Assets and Tooling
Improve Performance & Lower Risk
- Quality support including: APQP, PPAP, Corrective Actions, 8D, VDA 6.3, etc.
- Issue management and improvement plans
- Performance / risk evaluation templates & scoring
- Operational performance