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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
As I looked, I realized the features I love most technology and performance capabilities are not easily found together in the automotive industry. The IT team alone cannot be expected to protect what they cant see, so encouraging a transparent culture is paramount. A few years back, I was in the market for a new car.
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.
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.
Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. The permanent transparency helped drive a rationalization of its supply base to improve performance, relationships and deliver savings and lower risk. Gain control of your supplier data.
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.
You can’t get much further apart than automotive braking systems and cosmetics in terms of products, but actually at the heart of the sessions from Chassis Brake and L’Oréal there were some common themes. . Transparency and legibility towards suppliers. We then had two very good but different customer sessions.
Technology must be employed that supports securely sharing all relevant information between internal stakeholders and suppliers, and it must support effective planning and transparency for project teams. Embrace Agile Technology Agility isn’t simply required of procurement professionals today – technology must be as agile.
The approach is unusual but not unprecedented — in 1975 the government outlawed what was viewed as abusive sales tactics by the automotive industry by creating so-called “lemon laws” that gave new rights to car buyers stuck with inherently defective automobiles.
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