#United States #Redwood City #Ivalua #procurement #Milence

Ivalua Partners with Milence for Digital Procurement Transformation

In a significant move for the automotive industry, Ivalua, known for its cutting-edge spend management solutions, has successfully integrated its platform for Milence, a company focused on accelerating zero-emission heavy-duty vehicle initiatives. This collaboration signifies a turning point in how procurement processes are handled, especially within the context of increasing complexity and rapid growth in operations.

Milence, established in Amsterdam as a joint venture with Daimler Truck, the TRATON GROUP, and the Volvo Group, is committed to building and operating a network of 1,700 high-performance public charging points across Europe by 2027. Recognizing the importance of digitalization in achieving its ambitious goals, Milence sought out Ivalua's solutions, particularly for their effectiveness in Source-to-Contract (S2C) processes.

The Need for Transformation

The automotive industry's shift towards sustainable practices has led to a critical need for efficient procurement solutions. As Milence navigated this landscape, it faced challenges related to traditional procurement methods that could hinder its operational efficiency. Ivalua's platform was chosen due to its robust features including Supplier Risk and Performance Management (SRPM), Sourcing, and Contract Lifecycle Management (CLM), which are vital for modern procurement strategies.

Tomas Döry, Milence’s Procurement and Supply Chain Director, emphasized the necessity of aligning with a partner who could offer flexibility and innovation. He noted, "We chose Ivalua due to its leadership in the automotive industry and the flexibility of its platform. It ensures our solutions align perfectly with our business goals, facilitating operational efficiency and supporting our zero-carbon vision."

Effective Implementation with Cyrias

The successful deployment of Ivalua’s platform was made possible through the strategic partnership with Cyrias, a consultancy that specializes in deploying the Ivalua system. Cyrias has tailored its implementation methodology specifically for innovative manufacturing firms with ambitious growth objectives. Kevin Bellanger, Project Director at Cyrias, highlighted the speed at which Milence would realize the benefits of Ivalua's functionalities. He stated that the consultancy’s expertise, combined with Ivalua's configurability, would enable Milence to evolve according to its transforming needs.

A Leader in Automotive Procurement Solutions

Ivalua’s reputation in the automotive sector is unmatched, serving over 20 vehicle and parts manufacturing customers, including industry-leading companies like Volkswagen and Cummins-Meritor. This track record showcases the effectiveness and adaptability of Ivalua’s solutions in enhancing procurement processes, a critical aspect of supply chain management in today's fast-paced market.

Dan Amzallag, Ivalua’s Chief Operating Officer, expressed enthusiasm about empowering Milence. He stated, "We are thrilled to assist Milence in digitally transforming its procurement operations. Our platform is designed to meet the unique goals of each customer, enabling them to make informed decisions that drive innovation and provide long-term value."

Conclusion

The partnership between Ivalua and Milence represents a significant step forward in digital procurement within the automotive sector. By implementing Ivalua’s advanced platform, Milence is not only streamlining its procurement processes but also positioning itself as a leader in the transition towards sustainable transportation solutions. As this partnership unfolds, the manufacturing landscape can anticipate a shift towards more efficient, innovative, and environmentally friendly practices, ultimately benefiting both businesses and the communities they serve.

Through such collaborations, the automotive industry can move closer to its sustainability goals, ensuring a greener future while maintaining operational effectiveness.