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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

ivalua

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. In 2022, it generated a revenue of €4.400 billion.

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Hitting The Brakes On Out Of Control Supplier Master Data W/ Cyrille Naux

ivalua

While I was at the Ivalua NOW event in Paris, I interviewed Cyrille Naux, Purchasing and Supply Chain Vice-President at Chassis Brakes International, a multinational manufacturer of automotive brakes and brake components.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

“Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said. Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos.

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Top strategies for procurement to help support revenue growth

ivalua

With businesses’ focus shifting from damage control to restoring growth, innovative CPOs are encouraging their procurement teams to prioritise supplier innovation and revenue growth opportunities. . Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis.

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The Top CPO Metrics Used to Measure Inflation, Risk, and Uncertainty

ivalua

For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Unfortunately, many procurement teams lack the transparency and visibility across the supplier base to effectively track the metrics that matter, to assess and mitigate risk.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt. billion (ONS, 2024).