Ivalua will enable the digitization of direct and indirect Source-to-Contract procurement processes at Yodel, one of the UK’s premier parcel carriers.
Ivalua, a global leader in spend management announced that Yodel, one of the UK’s largest couriers, has selected its Source-to-Contract (S2C) solution.
After a comprehensive selection process, Yodel selected Ivalua to manage and transform its upstream procurement processes. The ability to manage all procurement processes and visualize related data within a single platform was a key factor in the selection of Ivalua.
With the support of Ivalua’s partner TSM, a specialist team of procurement consultants, Yodel will implement Ivalua’s Supplier Risk and Performance Management, Sourcing, and Contract Lifecycle management solutions to manage both its direct and indirect spend.
By digitizing S2C processes, Yodel aims to increase operational efficiency when onboarding suppliers, managing contracts and sourcing projects. Greater compliance visibility will enhance Yodel’s ability to minimize risk. Additionally, Ivalua’s intuitive, user-friendly interface will help boost engagement levels among business stakeholders and internal users.
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“Digitizing and automating Source-to-Contract processes is a crucial step in our journey to continue to increase operational efficiency and reduce supply chain risk,” said Jason Lowry, Director of Procurement at Yodel. “With greater visibility and better insights into our supply chain activities, procurement will be well placed to provide value to our broader company strategy and enable more informed business decisions.”
“TSM is proud to be chosen as the trusted delivery partner for this project; the collaboration within the partnership is already extremely strong and we are all excited to see the benefits of this strategic procurement transformation being realized,” said Peter Layzell, Head of TSM.
“Ivalua empowers organizations to streamline their procurement processes and foster collaboration with suppliers, allowing companies like Yodel to become customers of choice,” said Dan Amzallag, Chief Operating Officer at Ivalua. “We are delighted to enable Yodel to unify its S2C processes into a single, end-to-end journey, facilitating change and accelerating its digitalization roadmap.”
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