2024

IVALUA NOW
Procurement Reimagined

May 22-23
Miami, FL

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Sourcing


A Simple, Powerful Solution to Meet Any Need

Schema - Sourcing

Supercharge your Sourcing Process


For today’s global organizations, most procurement teams are already performing well–but in order to improve and engage in cross-functional collaboration, procurement needs to leverage technology to automate their sourcing processes.

Establish Best Practices Across your Organization

Maximize your organization’s value creation by reducing risk and costs with purpose-built capabilities to support both simple and complex sourcing needs. Ivalua’s Sourcing Solution provides buyers with 360-degree dashboard views of their sourcing strategies.

Optimize Sourcing Results

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Source ALL Spend

  • Indirect, Direct, Services, & CapEx
  • Support for simple-to-complex and unique industry requirements
  • One source of truth for your entire organization
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Gain Transparency

  • Holistic view of organizational activities
  • Build, manage, and monitor strategy
  • Dashboards and analytics to track KPIs towards goals
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Optimize Supplier Selection

  • Add supplier risk and performance to evaluations
  • Simplify and automate analysis
  • Leverage sourcing optimization in sourcing decisions
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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.Quote - Right - White

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Arindam SENGUPTA

Global VP Strategic Sourcing & Procurement

Dole

Case Study - Dole - Huge load of bananas on a truck

A Unified Platform for All Spend


PLATFORM


Analytics

Workflow

Integration

AI

Collaboration

Design Mode

Additional Modules

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Sourcing Projects & RFX

Guided End-to-End Sourcing for ALL Spend Types

  • Intuitive project management
  • Supplier risk & performance in analyses
  • Simplified collaboration with stakeholders to capture requirements

Sourcing Decision Center

Make the Right Allocation and Supplier Selection Decisions, Every Time

  • A seamless process for end-to-end sourcing
  • An intuitive solution designed for all users
  • Leverage a library of rules and scenarios
Screenshot – Sourcing Decision Center
Screenshot – Category Management

Category Management

360-Degree View of Strategic Categories

  • Collaborate and contribute across teams
  • Leverage analytics and KPIs to monitor category spend and risk
  • Analyze spend, market data, and benchmarks

Auctions

Control Negotiations and Discover the Best Value

  • View impact with a graphical auction display
  • Initiate multiple strategies and auction types from RFQ’s
  • Real-time updates & communication as suppliers bid
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Screenshot - Sourcing - Savings Tracking

Savings Tracking

Align Procurement and Finance Teams

  • Plan annual sourcing team savings goals
  • Aggregated view of progress
  • Project, process, and task management

Related Resources

Customer Story

Developing a World-Class Procurement Organization to Create Sustainable Value

Datasheet

Make the Right Allocation and Supplier Selection Decisions, Every Time

Blog

What is Responsible Sourcing and why is it Important?