It has been announced that Volkswagen Group has selected Ivalua, a provider of procurement software, to digitise indirect procurement processes across the group’s entire brand portfolio.
Volkswagen Group consists of 12 automotive brands ranging from manufacturers of commercial vehicles to luxury sports cars: Volkswagen, Audi, SEAT, ŠKODA, Bentley, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania, and MAN.
David Khuat-Duy, Founder and Chief Executive of Ivalua, said: “Given the magnitude, complexity, and sustainability focus of their global supply chain, Volkswagen fully recognises the strategic role of procurement in providing the company with a true competitive edge in an uncertain global market environment.”
He believes Ivalua was chosen for this role because of “the customer centricity of [Ivalua’s] teams and the need for a flexible and robust platform that enables process optimisation, transparency, and agility”.
