Retail

Boost Margins to Fund Growth and Innovation

Rapid Transformation in an Unpredictable Market

The retail and consumer product industries have undergone a rapid transformation in the past few years, accelerated by the onset of COVID-19. With consumer trends rapidly shifting and supply disruptions rising in frequency, it has become essential to build resilient supplier relationships and better manage all spend, including Goods Not For Resale (GNFR). To stay afloat in an unpredictable environment, Procurement can generate significant value to impact the bottomline and ensure supply continuity.

Redefining Retail Business Models

With Ivalua, businesses can accelerate their digital transformation to achieve cost reduction, process efficiencies across source-to-pay and mitigate supply risk but also make progress on strategic objectives such as sustainability, diversity, innovation and supply chain resilience.

Proven, Reliable Partner for Retail and CPG Leaders

More Customers

Strengthen Your Supply Chain

Collaboratively preempt and mitigate potential supply chain disruptions with your suppliers

Map supplier risk & performance including all their sub-tier suppliers and sub-contractors
Enhance your risk & performance mapping with external data sources & alert systems
Optimize your forecasting and ordering process

Improve Margins and Cash With More Effective Cost Optimization

Increase your strategic insight and identify new sources of savings (e.g. Goods Not For Resale)
Maximize savings by improving compliant spend
Track and report on planned and actual savings
Improve cash positions by optimizing the Gross Margin Return On Inventory (GMROI)

Screenshot – Category Management - Zoom in

Supplier Collaboration to Accelerate Time-to-Market & Innovation

Reduce cycle time with PO automation & collaboration
Capture supplier innovation and facilitate new private label products introduction
Infuse corporate sustainability goals and objectives into supplier and category management

Create a Consumer Experience for your Business Stakeholders

Offer a user-centric journey that adapts to preferred device (from PC to mobile & tablets) & team location (office, warehouse, shop)
Ensure globally standardized processes while accommodating the local needs of a decentralized organization

Screenshot – eProcurement - Purchase Requisitions

We started by deploying standard out-of-the-box functionality in Ivalua with a focus on achieving early and quick wins. After this, we reviewed our entire processes by applying lean management principles and embedding stakeholders’ feedback. The flexibility of Ivalua’s platform allowed us to evolve with the organization needs, which accelerated adoption and generated further efficiencies and cost optimization. Quote - Right - White