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Jollibee Foods Corporation Selects Ivaluas Platform to Accelerate Procurement Digital Transformation
JFC has chosen Ivalua’s platform for its ability to support every stage of the planned transition, including rapid deployment, flexibility to meet evolving requirements, the best-of-breed analyst-recognized capabilities, and a full, unified suite.
FREMONT, CA: Ivalua, a global leader of cloud-based Spend Management solutions, and Consus, a leading global supply chain solutions provider, have announced that Jollibee Foods Corporation (JFC) has successfully deployed Ivalua's platform to empower its procurement digital transformation, with Consus leading implementation. The comprehensive project covers Supplier Information, Risk and Performance Management, Contract Management, eSourcing, Catalog Management, Spend Analysis, Savings Monitoring, Category Management, and overall Change Management.
JFC has chosen Ivalua 's platform for its ability to support every stage of the planned transition, including rapid deployment, flexibility to meet evolving requirements, the best-of-breed analyst-recognized capabilities, and a full, unified suite. Consus has been chosen as an implementation partner for its deep source-to-pay expertise. Besides, JFC was searching for a trusted partner aligned with its "customer experience first" vision to disrupt current processes and adopt best practices internationally.
The deployment of Ivalua's platform has been tightly integrated with JFC's backend SAP ERP systems to ensure a seamless flow of information and maximum automation. The platform will provide a range of benefits to JFC, including improved governance and auditability, more informed analysis and decision-making, efficient procurement processes, proactive risk management, improved supplier qualification, collaboration, and better compliance with contracts and policies.
"This represents a significant milestone in our procurement transformation, which will allow us to deliver more value to the organization, employees, customers and suppliers," explains Susan Tanmantiong, Chief Procurement Officer of JFC.
"I believe that the combined team of Ivalua, Consus and JFC have delivered a long-term and sustainable solution to digitize the enterprise wide Source-to-Receipt Process at JFC. With procurement transformations of this nature and magnitude, there are both short term and long-term benefits. The integrated Ivalua solution deployed will not only bring increased spend under management on one platform but also allow Jollibee to collaborate both internally and externally to create sustainable value, improve supplier performance and manage supply chain risks," explained Shantanu Bhowmick, Chairman & CEO at Consus Global.
"Consus has been a long-term partner of Ivalua, whose experience translates to significant value for our customers. And the JFC team's customer-centric approach, vision and energy was key to the rapid deployment," said Dan Amzallag, CEO at Ivalua.