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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.
We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. The Volkswagen Group sells its vehicles in 153 countries. “We
Sustainable energy solutions company VivoPower International PLC and hydrogen technology business Future Automotive Solutions and Technologies on Thursday outlined additional terms to their proposed $1.13 billion merger, including settling the combined company's headquarters in the U.K.
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.
Unsurprisingly, sustainability is the top priority, with 67% of respondents actively measuring CSR performance. However, only 33% have defined official sustainable policies and targets. Social and ethical priorities are close behind but still lag. This is followed by a lack of systems to enable effective, scalable collaboration.
Digital technologies have the potential to make mobility systems more sustainable, intelligent, and inclusive. Islands, like other communities, are working to create effective and sustainable transport linkages. Read more about creating a smart and sustainable island strategy in this IDC InfoBrief. billion and € 316.4
A lack of technology to enable supplier collaboration was identified as the top obstacle to improving sustainability and top 3 for improving innovation. 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.
It has been applied for decades in certain industries, notably automotive and aerospace, and is now recognised as a priority at most organisations. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability. Unlocking supplier-led innovation.
As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.
Business impact The impact of the Deforestation Regulation will primarily be felt by businesses that supply relevant products on the EU market or export them, with the key sectors affected by the Regulation including retail, food/beverage, apparel, automotive, life-sciences, biofuels, paints and coatings, and cosmetics.
In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Chassis Brakes and Meritor Digitally Transform with Ivalua.
including the following sectors: Aerospace and Defense, Automotive, Construction, Electronics, Energy, and Consumer Products and Apparel. Also included within the Administration’s notion of sustainable procurement, however, is prioritizing the procurement of PFAS-free products. PFAS chemicals are widely used across the U.S.,
As we look to a future of sustainable transportation, collaborations between academic institutions and cloud providers such as AWS will play a crucial role in pushing the boundaries of whats possible. Other automotive customers can leverage these same benefits to accelerate new vehicle development and testing.
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