Direct Spend commonly makes up most of a manufacturing organizations total spend and directly impacts the profitability and competitiveness of products in the market.

As it turns out, Direct Spend is also the most difficult and complex of possible spend types for procurement organizations to manage. Ivalua’s Direct Material Sourcing solutions includes critical capabilities to ensure that new product launches and the lifecycle of the overall product are a success.

Turn the Bill of Material into your sourcing dashboard

• Achieve your targets: Manage your product’s bill-of-materials (BOM) through the sourcing, costing and supplier selection process.
• Evaluate supplier selection strategies fast: Quickly create scenarios to quickly evaluate supplier selection strategies.
• Manage supplier engagement throughout the product lifecycle: Easily launch business processes (e.g., sourcing, quality, P2P) from any level within the BOM view.