Sourcing
A simple, collaborative and powerful solution to meet any sourcing needs
Ivalua Recognized as a Leader In the Forrester Wave™: Source-To-Contract Suites, Q4 2019
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Fast time to value
Get up and running rapidly. Our cloud delivery, templates and pre-built configurations mean fast ROI and low TCO.
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Direct, indirect and services sourcing
Yes, all of it, it is possible to handle all your sourcing needs no matter what category.
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Collaborate before and after
Easy collaboration with all stakeholders prior, during and after sourcing projects or in developing specific category action plans.
Be a sourcing superhero.
From spot bids to complex sourcing projects involving direct materials, customers achieve results fast.
With Ivalua, we have accelerated our sourcing life cycle and are able to consistently meet and exceed savings targets. We can measure cycle times for various project types and identify and eliminate bottlenecks to make sourcing more efficient and drive better outcomes.
Strategic Sourcing
Sourcing Projects & RFX
End-to-end management of all sourcing projects
- Manage sourcing projects better Define and track project progress, teams involved, communication, documents, tasks, dependencies and more.
- Easier collaboration Gather key stakeholder requirements, collaborate with flexible workflows.
- Start fast Create or reuse different types of RFx templates, questionnaires and workflows to get started fast.
- Achieve the best outcome Analyze all scenarios by scoring and comparing bids, optimization, split awards by percent, quantity or value and simply flip an RFX into a contract.
Auctions
Host auctions in competitive categories to find the best value
- Launch an auction in no time Initiate multiple types of auctions from RFQ bids and manage auctions across multiple lots.
- Real-time updates Receive real-time updates as suppliers bid or message.
- Understand the impact “What-if” scenario modeling, gain simulation analysis and multi-criteria ranking.
Category Action Plans
Build strong category focused initiatives
- Create a solid plan Collaboratively define category-wide objectives and incorporate all relevant organizations, stakeholders, suppliers and the ultimate objective.
- Manage the plan Formalize action plans using online forms and workflow. Set appropriate tasks, budgets and understand dependencies.
- Know the impact Automatically get reports on the progress and link to sourcing projects. View and track results for each action.
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 with BOM Lifecycle Manager.
- All product information in one place Evaluate “Non-cost” factors associated such as risk, delivery, and performance associated to selected suppliers to better understand the impact on the product.
- Manage supplier engagement throughout product lifecycle Easily launch business processes (e.g., sourcing, quality, P2P) from Product Manager at the component level and track status from the BOM view.
Read how Veolia is Simplifying Strategic Sourcing with a User Friendly Platform
Gartner Magic Quadrant for
Strategic Sourcing Application Suites 2018:
Ivalua, once again named a Leader
