This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.
“This proactive approach involves evaluating operational efficiency, vehicle utilization, and maintenance practices to identify any inefficiencies or areas for improvement. Leveraging technology such as fleet management software and telematics can significantly improve operational efficiency. Adopt a preventive maintenance strategy.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. Redwood City, CA, December 15, 2022. The Volkswagen Group sells its vehicles in 153 countries. “We
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions. About Ivalua. About Punch Powertrain.
If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.
Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries. Headquartered in Paris, France, Hutchinson employs around 40,000 people across 100 sites in 25 countries. In 2022, it generated a revenue of €4.400 billion.
This process is common in Automotive and other manufacturing industries to ensure that selected suppliers are capable of meeting product quality requirements, and allows program managers and category managers to identify, document, and mitigate potential issues and risk with proper audit standards.
Ivalua’s view point in this area is that procurement has struggled to deliver value through cross functional collaboration due to some specific challenges, especially in organisations in manufacturing, automotive, defence and aerospace, where direct spend is significant and critical.
It has been applied for decades in certain industries, notably automotive and aerospace, and is now recognised as a priority at most organisations. The key to the company’s success was fully digitising the complete supplier and product life cycle, which delivered scale and efficiency to its approach. Unlocking supplier-led innovation.
For example, a Finish maritime startup is providing a shipping company in the Aland Islands with a real-time cloud platform to operate their fleets more efficiently, including real-time open weather data, engine performance, humidity, and motion.
For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Achieving these goals requires maintaining complete visibility across your suppliers (into tier 2 and 3), and setting up processes for effective and efficient collaboration and transparency across the supply chain.
Manual processes limit efficiency and scalability,” said Ivalua’s Senior Product Marketing Manager, Doug Keeley. The right S2P platform also helps prioritize tasks, making workdays — and workflows — far more efficient. Chassis Brakes and Meritor Digitally Transform with Ivalua.
Inputting this information directly into the system drives efficiency – no need to manually consolidate emails or spreadsheets. Automotive parts leader Meritor presents a great example, having digitized the full supplier and product lifecycle to improve collaboration and accelerate the launch of new products.
Improving the efficiency and effectiveness of sales and marketing activity. But the highlight was hearing from Mark Gursky, Director of the Procurement Center of Excellence at Meritor (a $4 billion global manufacturer of automotive components). Improving existing products (so the firm sells more).
Global automotive component supplier Meritor is a great example. It is exactly that deeper level of integration which delivers the efficiencies and seamless access to information you need to advance fully in your journey. This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play.
to $16.95, a nearly 40 percent reduction This efficiency gain has enabled the team to explore a much broader design space, running sensitivity studies to understand tradeoffs between any two variables in just an hour. Other automotive customers can leverage these same benefits to accelerate new vehicle development and testing.
Germany’s evolving need for tech talent Germany is renowned for its engineering innovation and industry strength in sectors such as automotive, manufacturing, chemicals, and pharmaceuticals. This is driving innovations in enhanced vehicle experiences, driver assistance, autonomous vehicles, and other areas of the automotive value chain.
In the healthcare sector, AI is set to impact efficiency across the value chain, from automating administrative tasks to improving more accurate diagnostics. Learn more Transforming healthcare with AI: The impact on the workforce and organizations How does artificial intelligence in radiology improve efficiency and health outcomes?
provides innovative services to organizations operating in the automotive and transportation sectors, offering real-time parking and traffic information and solutions for road safety. In this post, we discuss a highly successful customer hackathon we recently supported, called Innovation Week. INRIX: Transforming mobility INRIX, Inc.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content