Food and Beverage
The Definitive Food & Beverage Guide
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.
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
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Automate the complete process
- Source-to-pay automation
- Supplier information & certification management
- Complex category and contract management
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Collaboration and visibility
- Real-time analytics with daily spend classification
- Supplier portal for deeper collaboration
- Performance and risk management
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Configurability and flexibility
- Simple configuration of processes, forms, fields
- No coding or technical skills
- Powerful workflow engine to handle any scenario
Ivalua has grasped the complexity of the food service industry and worked side by side with us to fully use the flexibility of Ivalua Solution in order to meet our clients’ unique needs.
Our food & beverage customers have achieved great results:
Managed direct and indirect spend by a leading supply chain service company
PO's for one of the largest restaurant operators in Europe
Suppliers managed within the system by a major supply chain service company
Proven, reliable partner for food and beverage
Resources
Hear how this F&B company improved organization-wide procurement processes sustainably.
Ivalua Overview
Learn more about Ivalua’s technology and how it empowers Procurement