2024
Procurement and Supply Chain Management in the Food and Beverage Industry
Globally, the Food and Beverage (F&B) industry is facing a drastic shift in the way it operates. Supply shortages, supply chain disruptions, and agricultural/climate change continue to have a severe impact on the industry. Procurement leaders are up against a unique set of challenges – from rising costs to shifting consumer preferences towards sustainability. With complex tasks on the horizon, they have their work cut out for them!
Maintain a Competitive Edge with an Efficient and Cost-Effective Supply Chain
With Ivalua, every Procurement and Supply Chain organization can take advantage of transformative solutions that lead to real-world benefits. From improving visibility into spend management through strengthening supplier relationships, organizations are empowered with the agility they need to weather market shifts effectively while driving competitive edge at their own pace.
Realize Savings Across all Spend
- Direct, indirect and services
- Complex sourcing projects
- Capital expenditures
- Contract and pricing compliance
Digitize the Complete S2P Process
- Seamless upstream and downstream connectivity
- Complete 360 degree of supplier information and activity
- Collaborative category management
Complete Spend Visibility
- Real-time spend analytics with on-demand classification
- Supplier portal for deeper collaboration, issues management and corrective actions
- Supplier performance and risk management
Supplier Innovation & Sustainability
- Reduce cycle time with PO automation & collaboration
- Capture supplier innovation and new product introduction
- Infuse corporate sustainability goals and objectives into Procurement activities
With Ivalua, we realized tremendous speed-to-value and benefit from a simpler and more focused source-to-contract solution. We have already achieved 10x ROI in a very short time.
Arindam SENGUPTA
Global VP Strategic Sourcing & Procurement
Dole
THE ANALYSTS AGREE – IVALUA IS A LEADER
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