Direct Materials Sourcing

Maximize strategic sourcing outcomes and improve product launch success.

Maximize the Value of Your Most Critical Spend

Direct Spend commonly makes up most of a manufacturing organizations total spend and directly impacts the profitability and competitiveness of products in the market.

As it turns out, Direct Spend is also the most difficult and complex of possible spend types for procurement organizations to manage. Ivalua’s Direct Material Sourcing solutions includes critical capabilities to ensure that new product launches and the lifecycle of the overall product are a success.

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Discover Ivalua's Direct Material Sourcing Solutions

BOM Lifecycle Manager

Turn the Bill of Material into your sourcing dashboard

Achieve your targets: Manage your product’s bill-of-materials (BOM) through the sourcing, costing and supplier selection process.
Evaluate supplier selection strategies fast: Quickly create scenarios to quickly evaluate supplier selection strategies.
Manage supplier engagement throughout the product lifecycle: Easily launch business processes (e.g., sourcing, quality, P2P) from any level within the BOM view.

Advanced Product Quality Planning screen

Advanced Product Quality Planning (APQP)

Ensure product launch success

Collaboratively mitigate problems early: Work collaboratively with suppliers to identify, document, evaluate and mitigate potential problems.
Standardize to improve product launch and audit readiness: Use a standard quality framework of procedures and techniques to gather evidence to confirm customer & audit standards are met.
Increase launch transparency: Real time transparency into status, progress through gates, and problem areas requiring escalation.

Ready to Manage All Spend & Suppliers with No Compromises?