Sourcing

A simple, collaborative and powerful solution to meet any sourcing needs

Gartner Report 2018: Select and Deploy Cloud-Based Strategic Sourcing Application Suites

Supplier-Mgmt2@2x

Be a sourcing superhero.

From spot bids to complex sourcing projects involving direct materials, customers achieve results fast.

Ivalua’s solution has proven to be extremely efficient in helping us manage complex sourcing processes and capture huge saving opportunities. We deployed the Ivalua solution rapidly and achieved ROI within a few weeks.
Francesco Cantoni, CPIM Strategic Purchasing Manager, Lucchini RS

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.

Bill of Materials

Integrate your product’s bills of materials to sourcing and get to market faster

  • Achieve your targets Manage your product’s bill-of-materials (BOM) through the sourcing, costing and supplier selection process.
  • 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.