Thales Group is a global technology leader for aerospace, space, defense, security and transportation markets. With 65,000 employees based in 56 countries and external purchases totaling $7.8B, purchasing is one of the Thales Group’s strategic functions. The Group launched its Purchasing Performance project in 2010, and to optimize its purchasing process, Ivalua was chosen as the tool to be used by 1,350 buyers.
Introducing a collaborative tool like Ivalua enables us to pursue the transformation initiatives implemented by the Group and to reinforce our values, such as “One team, One Thales,” as well as helping make us more competitive,” explains Renaud Larramendy, Purchasing Process & Tools Director at Thales.
The Ivalua solution will especially help the Group Purchasing Division strengthen the purchasing management process through the introduction of indicators. Ivalua’s SaaS approach also caught the Thales Group’s eye, as it allows the firm to manage the dynamics between the different parties involved in the purchasing process around the world.
“We were looking for a tool that would allow us to develop a collaborative approach within the purchasing community, thus ensuring the best possible level of service for our customers,” said Larramendy.
“We are delighted that Thales has chosen Ivalua, thereby placing its trust in our company,” said Dan Amzallag, CEO of Ivalua Inc. “By providing a solution for this major global group we are demonstrating yet again that our software is able to adapt to the purchasing strategies of leading multinationals.”