Automotive

The Definitive Automotive Guide

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.

Ivalua customers see immediate and sustainable results

$2B

Managed in direct and indirect spend by a leading automotive and aerospace company

$800M

In annual savings by a leading global tire manufacturer

12

legacy systems replaced by 1 platform across 330 sites and 34 countries by a leading provider of automotive engineering solutions

66,000

active suppliers and 330 strategic suppliers proactively managed by a major automotive manufacturer

Proven, reliable partner for automotive companies

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