Strategic Sourcing

Create Value Across Sourcing Processes

Typical Strategic Sourcing Journey

Drive Category Management with Strategic Sourcing Automation


Developing and executing category strategies is critical to effective strategic sourcing. However, many organizations are not equipped with the automation, standardization, and analytical tools to successfully carry out these complex processes.

Deliver Value to your Organization

Ivalua offers an integrated Strategic Sourcing experience across the entire process to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend. Mitigate supplier risk and facilitate compliant purchasing through effective contract management.

Implement Successful Strategic Sourcing Processes

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Execute Strategic
Initiatives

  • Manage indirect and direct spend
  • Project and program management
  • Visibility across strategic sourcing analytics 
  • Develop, execute, and monitor category strategies
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360° Supplier Information View

  • Gain 360 spend and supplier visibility
  • Integrated risk and performance management
  • Improved supplier collaboration and innovation
  • Visibility across multi-tier supply chain
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Maximize Outcomes
& Compliance

  • Complete S2P process automation
  • Meet global standards and local needs
  • Optimal supplier selections
  • Ensure contract, price, and process compliance
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Ivalua has been a key factor in improving efficiency and performance of Procurement at Verallia. With Ivalua we finally have 360 degree visibility of suppliers and contracts and automation of the full source-to-pay process in a system our users enjoy using. Quote - Right - White

Logo - Verallia

Cyrille CHOUVET

Supplier Quality & Purchasing Process Manager

Verallia Group

Image - Ivalua Verallia - Case Study

Why Strategic Sourcing?


Ivalua’s Strategic Sourcing Solutions build a reliable supply base and executes cross category strategies effectively. Strategic Sourcing benefits include: reduced costs and risk, supply assurance, improved compliance and process efficiency, and smarter indirect and direct spend management.

Shift From Tactical to Strategic


The Strategic Sourcing solution delivers automation, transparency, insights, and analytics–to continuously create value through informed and strategic decisions across all suppliers and spend.

A Unified Platform for All Spend


PLATFORM


Analytics

Workflow

Integration

AI

Collaboration

Design Mode

Additional Modules

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Supplier Risk & Performance Management

Centralized Supplier Information

  • 360-degree supplier data and activity insight
  • Accurate information, lower risk, and improved performance
  • Structured collaboration to correct issues or drive innovation
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Sourcing

Automate Sourcing Processes and Execute Strategies

  • Source all spend: Direct, Indirect, Services, Capex
  • Unparalleled project management and transparency
  • Analytics for optimal supplier selections
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Screenshot – Ivalua Contract Management
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Contract Management

Lock-in Value and Manage Risk Across the Contract Lifecycle

  • Digitize & centralize contracts to gain complete visibility
  • Accelerate cycle times & Time-to-Value
  • Contract analytics & lifecycle management
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Spend Analysis

Uncover Opportunities with Complete Spend Transparency

  • Analyze spend from all sources
  • Powerful on-demand classification
  • Spend classification visibility and transparency
Screenshot – Spend Analysis
Screenshot – Category Management
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Procurement Analytics and Insights

Strengthen the Strategic Decision-making Process

  • Access and connect procurement data and activity 
  • Leverage accurate and real-time data and analytics
  • Predict customer behavior and improve operational efficiency

Related Resources

Source-to-Contract Demo

A Completely Integrated Experience Across the Entire Upstream Process

Customer Story

Learn how Deutsche Telekom Procurement is Driving Compliance, Efficiency, and Transparency

Platform Leader

Ivalua Recognized as a Leader In The Forrester Wave™: Supplier Value Management Platforms, Q1 2022