Automotive
Manage all spend and procurement processes to maximize product lifecycles and ensure supply chain resilience.
See Ivalua's Direct Materials Solution in Action
Procurement and Supply Chain Management
in the Automotive Industry
The automotive industry is not an easy one to thrive in. Companies face significant challenges from intense competition and the pressure to innovate, to macro-economic forces, and changing regulations. Each of these forces impacts outcomes, while these companies must also find a way to produce product at an extreme scale with constant year over year pressure on prices.
These challenges directly impact procurement and the supply chain. Together with suppliers, procurement must ensure product quality and supply chain continuity while keeping an eye on costs, risks and performance. Ivalua’s Source-to-Pay platform enables procurement to better leverage supplier data in the form of insights & spend analytics to manage supplier risk and improve supplier performance and make more informed decisions that drive innovation, margins and secure supply chain resilience.
Discover Ivalua Procurement Solutions
Proven, Reliable Partner for Automotive Companies
Transforming their Procurement Processes
Manage Supplier Quality, Risk & Performance at every level of the supply chain
- A complete Supplier 360° profile view for registration, qualifications, credentials and information management
- Supplier Performance Management & supply chain risk evaluation with templates, score carding and issues management
- Extensive access to risk, CSR, blacklist and other types of 3rd party supplier information
- Collaboratively manage product quality with Corrective Actions, 8D, PPAP and APQP
Achieve Supply Chain Agility & Resilience
- Collaboratively preempt and mitigate potential supply chain disruptions
- Reduce procurement cycle time and manual processes with purchase order automation & Collaboration
- Improve supply chain collaboration and transparency between procurement and suppliers on direct materials
- Manage Asset and Tooling budgets and product lifecycles collaboratively with both direct and indirect suppliers
Improve Category, Sourcing Project and Program Performance
- One procurement platform to manage ALL spend: Direct Spend, CapEx, Indirect Spend , MRO stock and Services
- Leverage Category Management for 360° visibility & strategic planning
- Supplier selection analysis with target price & cost modeling
- Define, manage, and collaborate on simple to complex sourcing projects & programs
- Seamlessly capture terms, service level agreements, and pricing with Contract Management
Exceed Your Direct Sourcing Objectives
- Use the product BOM as your sourcing dashboard with Bill of Materials Lifecycle Manager
- Achieve faster time to market for new products with collaborative product input
- Engage ALL stakeholders (suppliers, engineering, quality, etc.) throughout the product lifecycle
- Item 360° view into award, price and supplier history, “where used” and more
Ivalua has enabled our transformation journey effectively, making Procurement more agile and digital. It really began with a focus on suppliers and clean supplier master data to make better decisions. Resolving this empowered efficiency, visibility and much more value creation for the business.Find out More
The Analysts Agree - Ivalua is a Leader
Resources
The Value of a Complete, Unified Source-to-Pay Suite
Learn More-
Digitize All Source-to-Pay Processes
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Manage All Business Spend Management Categories
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Improve Transparency & Master Data Quality
