Direct Materials Sourcing

Drive Successful Product Launches

Maximize the Value of your Most Critical Spend


Reliable Data

Access to Product BOM data and Supplier Information, Risk and Performance

Schema - Direct Material

Product Launch & Quality

Collaborative Advanced Product Quality Planning (APQP)

Direct Material Sourcing

Informed BOM scenario analysis and cost drivers

Direct Material Sourcing is critical to product profitability and longevity in today’s market. With multiple variables and external factors impacting total cost, time-to-market and supply planning, Direct Material Sourcing is the most complex spend type to streamline, manage, and scale. 

Reach Cost and Supply Targets Throughout the Product Lifecycle 

To maximize the value of a product lifecycle, organizations must use reliable data, automation and collaboration to execute effective strategic sourcing strategies. With Ivalua’s Direct Material Sourcing solutions, meet cost and launch targets to gain better business outcomes.

Promote Strategic Product Sourcing Decisions

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Reduce Risk

  • Monitor Supplier risk & performance 
  • Identify Supplier cost and risk tradeoffs
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Optimize Supplier Selections

  • Evaluate product cost and non-cost factors 
  • Build supplier selection scenarios to evaluate
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Collaborative Product Launch

  • Connect Stakeholders and Suppliers 
  • Identify and mitigate product quality and launch issues early in the process

Ivalua Direct Material Sourcing Solution

Learn how BorgWarner is optimizing Direct Material Sourcing to Create Long-Term Value

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Brad Hogerheide

Director of Supply Chain Excellence

BorgWarner

Case Study - BorgWarner - Manufacturing parts for transmission

A Unified Platform for All Spend

Direct Materials Sourcing

Supply Chain Collaboration

Inventory Collaboration


PLATFORM


Analytics

Workflow

Integration

AI

Collaboration

Design Mode

Additional Modules

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Bill of Materials (BOM) Lifecycle Manager

Turn the Bill of Materials into your Sourcing Dashboard

  • Meet product cost targets
  • Evaluate supplier selection strategies
  • Manage supplier engagement throughout the product lifecycle

Advanced Product Quality Planning (APQP)

Improve Product Quality and Increase Successful Product Launches

  • Discover and mitigate problems early
  • Standardize and improve product launch and audit readiness
  • Project, supplier, and organizational transparency
Screenshot - Sourcing - Advanced Product Quality Planning (APQP)

Related Resources

Data Sheet

Supplier Engagement and Supply Chain Collaboration across the Product Lifecycle

Customer Story

Streamlined and Automated Direct Material Processes

Research

Ensuring Supply Continuity During Turbulent Times: A Visual Spotlight