Strategic Sourcing

Create Value Across Sourcing Processes

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

Execute Strategic Initiatives

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

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

Maximize Outcomes & Compliance

• Complete S2P process automation
• Meet global standards and local needs
• Optimal supplier selections
• Ensure contract, price, and process compliance

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

Sourcing

Automate Sourcing Processes and Execute Strategies

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

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

Spend Analysis

Uncover Opportunities with Complete Spend Transparency

• Analyze spend from all sources
• Powerful on-demand classification
• Spend classification visibility and transparency

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