Intelligent Value Orchestration for Procurement
ivoflow empowers manufacturing companies to effectively manage their commercial procurement performance. The two founders, formerly being procurement executives themselves, have built an intuitive Procurement Management System that combines internal procurement data and external market intelligence. Companies using ivoflow can automatically identify opportunities to save costs, prevent price increases, recover from inflation, enhance supplier resilience, formulate category strategies, and prepare for smart negotiations.
Along with a global team of driven, creative software developers, ivoflow's mission is to help solve global manufacturing companies' common pain points. Based on their own extensive global automotive procurement experience, ivoflow understands unstructured and disrupted data sets, ambitious cost-saving-targets and complex global markets. Using ivoflow's software solution, customers can manage their spend strategically to gain full transparency, insights into new value-delivery-opportunities and stay on top of ever changing markets.
Our Solutions
Data Integration and Enrichment
Data extracts from SAP, Infor, Oracle or other ERP systems, supplier information from SRM, trend analyses in PowerBI: you are no doubt familiar with the problem of having to obtain and reconcile information from different systems. By integrating your data, supplemented by relevant market data, our software offers you an end-to-end solution for strategic purchasing and enables you to reduce system disruptions and work more efficiently.
Spend Analytics
Enable your purchasing organization to optimize strategic purchasing decisions: through real-time data analysis, dashboards and automatically generated recommendations for action. Our software provides you with personalized visualizations and reports in real time on your direct spend and various KPIs and shows potential savings - without additional time and effort. Navigate between different dashboards at product group, supplier and part levels to gain comprehensive insights into your spend and identify cost drivers and risks.
Cost Saving Toolbox
The toolbox that procurement teams have been waiting for: Our Cost Savings Toolbox constantly analyses and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks. Our system proactively notifies users as soon as a new savings opportunity is identified. Each automatically identified initiative is fully calculated and visualized for the user. The result: a clear list of savings initiatives that you can use for the next supplier negotiation.
Procurement Performance Management
Our Procurement Performance Management offers a holistic solution that combines the tracking of KPIs, the implementation of cost-saving initiatives and targeted preparation for supplier negotiations through comprehensive reporting functions. By analyzing supplier performance and costs in detail, we enable companies to plan procurement efficiently and strategically. In this way, you can realize long-term savings and strengthen your competitiveness.
ESG & Sustainability
Perfectly positioned for the future of procurement: Streamlining supplier ESG performance and measuring Scope 3 emissions for comprehensive sustainability tracking.By integrating external data, our software provides access to all relevant ESG and compliance data from your suppliers, while our CO2 calculator enables you to determine the product carbon footprint (PCF) for Scope 3.
Additional Features
Direct access to all market data, price developments at parts list level and gap analyses: our various features for your procurement intelligence take individual customer requirements into account and supplement our solutions with elementary functions.
Customer References
“I’ve been using the ivoflow platform for several months now and it has exceeded my expectations. The user-friendly interface, customizable dashboards and accurate data reporting have made analyzing our business performance a breeze. I highly recommend this tool to anyone looking for a reliable, efficient and moreover intelligent procurement analytics solution.”
“ivoflow did not bring change, it was the change. We now have direct visibility into all of our categories in all of our global locations. Actionable insights are found in just a couple of seconds instead of time-consuming analysis.”
“As a medium size company, Taelim has limited resources for procurement management with lack of long-term & strategic approach. After implementing ivoflow, our purchasing department has been sharpened more focusing on negotiation and strategic planning rather than research and reporting. Most importantly, I can now rely on the system with transparency, exploring new cost improvement potentials based on logical approach with real-time market data.”
Oliver Casper,
Achim Bielesch,
Jin Oh
Head of Purchasing,
Global Senior Vice President Purchasing,
President,
TROX GmbH
Voltaira Group
Taelim Industrial Co. Ltd
Selected Customers
Altana, the first Value Chain Management System, builds secure, resilient, and sustainable global value chains.
Altana is the world’s first Value Chain Management System, a collaborative, public-private network that enables customers to take command of their extended supplier and distribution networks – from raw material origins to the sale of finished products. By applying artificial intelligence to the world’s largest body of supply chain data, Altana reveals these previously opaque global networks and powers workflows across them. Customers like Boston Scientific, L.L.Bean, Maersk, US Customs and Border Protection, and the UK Department of Business and Trade use Altana to build secure, resilient, efficient, and sustainable global value chains.
Founded in 2018.
Leanlinking - Supplier Relations & Negotiation Management. Harness the power of insight with all-in-one solutions.
Leanlinking's vision is to transform supplier relationships & negotiation management to help you capitalize on the great value-creation potential in procurement. LeanLinking provides both Supplier Relations & Negotiation Management solutions that enables large organizations to harness the power of insight with these solutions.
The carbon management solution for complex supply chains.
carbmee helps companies with complex supply chains to seamlessly collect, analyze, and report emissions data across all three scopes of the Greenhouse Gas (GHG) Protocol uncovering up to 90% carbon reduction potential in just 21 days.
Our carbon management solution, the Environmental Intelligence System EIS™ combines carbon accounting, product carbon footprints (LCA), and supply chain emissions (scope 3) into a single integrated system to centralise complex data streams.
Product
carbmee EIS™
A single platform to steer your carbon transformation
A comprehensive emissions management process with speed and accuracy is critical. Traditional methods to reduce emissions are labour intensive and require extensive time to develop insights for reporting requirements and hence there is a need of a holistic solution.
End to End Processing
CBAM Report
Easy Supplier Integration
Capabilities
As climate change drives pressure from customers, shareholders, and regulations alike, achieving net-zero goals has never been more important for enterprises of all sizes.
Whether it’s to assess emissions holistically across your entire company, for your product, or from your suppliers, EIS™ Carbon Management can create the transparency necessary for uncovering your optimal emissions reduction potential.
Key Modules:
Carbon Accounting
carbmee EIS™ Carbon Management platform guarantees highly accurate, scalable carbon accounting to deliver on results within days, not years. Leverage the carbon management software that combines data from the most trusted global databases with precise carbon accounting calculations.
Product Carbon Footprint
To reduce emissions throughout product offerings, enterprises need to be able to precisely identify emissions hotspots and reduction potential. Calculate product carbon footprints across your company to uncover both carbon and cost savings.
Supply Chain Emissions
Companies need more than emissions reports that just state the numbers – what they need now is actionable insights to manage and reduce supply chain emissions. This carbon management is essential to deliver on net-zero targets and meaningful sustainability strategies.
Supplier Engagement
Effortlessly track and manage primary emission data from all suppliers in one platform. Turn reduction targets into measurable results with ease, increased data accuracy, transparency, and supplier reduction dashboard.
Customer References
“By integrating the power of Life Cycle Assessment (LCA) and carbon accounting, carbmee's Environmental Intelligence System (EIS) has become an invaluable asset for our company's sustainability initiatives. Due to its highest level of data granularity and accuracy, we can gain actionable insights and confidently navigate our carbon reduction strategies to make a positive impact on the environment.”
“For the first time, we were able to create complete transparency on our Scope 3 emissions for the data we integrated from our ERP system into carbmee and identified our highest emitting suppliers. This allowed us to prioritize collaboration with our suppliers in order to achieve greater precision and ultimately identify meaningful reduction potential together.”
“We used to calculate Scope 3 with external partners, which was costly and not optimized to reflect changes in our procurement decisions. With the EIS™, we will have full visibility of our Scope 1, 2, and 3 emissions in one place and can easily adjust the calculations as changes occur in the value chain, allowing us to make confident decisions about carbon reduction in the future.”
Philipp Russ Head of Research and Development, Ravensburger
Peter Hagenow Head of Strategic Group Procurement, KWS
Andreas Steenbock Product Manager Digital Paper, Steinbeis Papier
Selected Customers
Aera Technology
Aera Technology empowers procurement professionals by providing AI-powered technology to bridge the gap between supply chain and procurement and enable better, faster procurement decisions that automate work and achieve business goals.
The company’s AI decision automation platform, Aera Decision Cloud™, seamlessly integrates with existing systems and data sources to automate and scale procurement decisions with accuracy and speed.
Aera Decision Cloud connects procurement, demand, inventory, order fulfillment, logistics, sales and marketing functions, and more – in one integrated platform. It digitizes and standardizes procurement processes to reduce the impact of volatility. Using the technology, procurement teams can capture the causes of spend deviations, the actual decisions made, and the outcomes of those decisions — in context, from one platform, and in real time.
Using the platform’s Aera Skills™ — decision-making capabilities that understand a set of business problems, make recommendations autonomously, and learn from the decisions made — procurement teams can improve how work gets done, increase transparency, manage cost control, and reduce risk and operational efficiency.
Aera Procurement Skills include:
Purchase Price Variance (PPV)
Payment Terms Management/Automation/Negotiation
Spend Optimization
Supply Resilience Management
Contract Coverage Management
Supplier Collaboration
Procurement Operations Automation
Alternate Supplier Recommendations
Touchless P.O. including MRP automation.
For example, the Aera Payment Terms Management/Automation/Negotiation Skill enables procurement professionals to automate and negotiate optimal payment terms with suppliers. The Skill uses data science to understand payment terms of like suppliers, materials, and regions to generate terms that are likely to be accepted and closer to targets.
The Aera Purchase Price Variance Skill can identify and execute decisions aimed at identifying PPVs and reducing associated costs annually. One global consumer packaged goods leader has identified 55 Aera PPV decision recommendations with a goal of trimming costs (56M EUR).
Beyond point solutions that automate specific procurement tasks, Aera provides a transactional procurement system with a supplier collaboration capability to effectively manage both spend and supply in real time – including supplier risk, sustainability, disruptions, and more.
Aera is the trusted choice of procurement leaders for its performance and value generation, enabling a more sustainable, intelligent, and efficient world.
Learn more at www.aeratechnology.com.
Redesigning the way procurement organizations manage their strategic spend.
Source to Pay Global Process Owner and Transformation Director
Change Management and User Experience
Master Data Management and Spend Analytics
Supplier Risk Management
Strategic Sourcing and Category Management
Supplier Relationship Management
Mackenzie is a procurement transformation professional with a passion for advising and implementing lean end-user focused strategies and technologies. His disciplined methodical approach to problem-solving enables him to leverage analytical skills that often identify new opportunities for clients that drive an immediate return on investment while maintaining long-term value. Mackenzie’s communication skills and project experience enable him to manage diverse sets of stakeholders across various organizational departments. Further, empowering him to lead with a clear vision and build trust through transparency that provided clients a valuable combination of service and product.
Mark is Managing Director at ProcureTech, a digital platform focused on building the digital future of procurement. ProcureTech delivers digital procurement transformation through StrategyLAB, SCOUT + ACCELERATOR and OCHESTRATE + SCALE programmes, and is also home to the ProcureTech100, the definitive 100 pioneering digital procurement solutions.
A proven and versatile senior professional with considerable digital procurement transformation and source-to-pay strategy experience gained in commercial, business advisory and delivery roles across Procurement & Supply Chain, BPO services and Procurement Technology. With a strong track record of leadership in large scale transformation programmes & digital strategy delivery which spans over 20 years of commercial value realisation and experience in the Financial Services, Technology, Media, Consumer Goods and Manufacturing industries on a global and regional scale.
Enjoying the great outdoors, you might catch Mark whilst sailing SB20s or Cape31s in regattas across Europe or on the mountain bike hitting some trails!
3+ years of consulting experience in:
- Data Management and Data Analytics.
- Digital procurement ecosystem
- Procurement Automation
- S2P Orchestration
- Insights/ Analytics
- Programme Management
Select Engagement include:
- Sustainable digital procurement.
- Global automotive digital strategy implementation and refresh.
- Global Pharma digital strategy development.
- Market Research specific to procurement digital capabilities
Digital procurement consultant at ProcureTech, with significant experience from helping organisations with procurement strategy, digital operating model design and strategic sourcing. Passionate about data and technology.
Raquel is a procurement professional with 6+ years of advisory and implementation of Source-to-Pay technologies covering Procurement Automation, Digital procurement ecosystem, S2P Orchestration and Insights and analytics.
Some of her selected engagement includes buying channels implementation and optimisation experience; standardisation and harmonisation of Source-to-Pay process in different industries; procurement operations and tail spend digitalisation and management of Global Shared Services procurement operations teams.