Food and Beverage

Procurement and Supply Chain Management in the Food and Beverage Industry

The food and beverage industry (F&B) globally is going through rapidly changing and demanding consumer preferences, mergers and acquisitions, sustainability and regulatory pressure, higher ingredient and labor costs and much more. At the same time, there are tremendous advancements being made throughout the value chain – in farming practices, food processing, manufacturing and packaging technology, transportation and more.

F&B companies operate in an extremely competitive environment in which product differentiation, innovation and brand image play a critical role. In this world, supply chains are an essential component of success in the market and can be competitive advantage.

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Ivalua for Food and Beverage

Ivalua empowers Procurement and Supply Chain organizations to optimize spend, collaborate closely with suppliers, improve operational efficiency and visibility and implement programs to monitor risk, performance and sustainability.

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Realize savings across all spend
- Direct, indirect and services
- Complex sourcing projects
- Contract and pricing compliance
Automate the complete process
- Source-to-pay automation
- Supplier information & certification management
- Complex category and contract management
Collaboration and visibility
- Real-time analytics with daily spend classification
- Supplier portal for deeper collaboration
- Performance and risk management
Configurability and flexibility
- Simple configuration of processes, forms, fields
- No coding or technical skills
- Powerful workflow engine to handle any scenario

With Ivalua, we realized tremendous speed-to-value and benefit from a simpler and more focused source-to-contract solution. We have already achieved 10x ROI in a very short time.