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Spend Dashboard
Initiative Manager
Opportunities & Risks
Direct
E02438
You can either discard, snooze or create a ticket from this opportunity.

Click on "Create Ticket" button to create a Ticket in the Initiative Manager.
Create Ticket
2024 Spend
$ 2.2 B
Last 12 M Spend
$ 1.78 B
Current Year S...
$ 300.03 B
Part No. Count
6204
Category Count
10
Supplier Count
2209
Gap to Target
$ 115.6 M
Spend Top Down
On your Spend Dashboard you can see an overview of all your Spend Data. You can easily drill down to a specific commodity or even part number.

Try it out by clicking on the "Direct" Bar!
Spend Development
Target
$ 74 M
Target
Spend Break Down
Opportunities & Risks
$ 57 M
Total Value
Average Gap to CMT
38% / 20%
Gap to CMT
63%
Current
2024 Spend
$ 1.8 B
Last 12 M Spend
$ 1.3 B
Current Year S...
$ 178.42 B
Part No. Count
4113
Category Count
6
Supplier Count
381
Gap to Target
$ 55.5 M
Spend Top Down
Spend Development
Target
$ 58 M
Target
Spend Break Down
Now that you've drilled down, you can see a more detailed breakdown of your Direct Spend across different commodities. This view helps you analyze spending patterns and identify potential savings opportunities.

To see a complete list of all Saving Opportunities and Risks click on "Opportunities & Risks" Button in the sidebar on the left.
Opportunities & Risks
$ 32 M
Total Value
Average Gap to CMT
12% / 20%
Gap to CMT
52%
Current
Cost Saving Potentials & Risks
Total (2998):
€ 258.64 M
Category
Market Intellige...
Localization
Localization
LPP
Dual Sourcing
Dual Sourcing
CMT
Localization
Localization
Market Intellige...
Currency
Market Benchm...
LPP
Localization
Localization
Supplier
Weinrich Indust...
Stein & Partner ...
Kunststoffwerk...
Schweighofer T...
Hartbeton GmbH
Weiss Polymer...
Stein & Partner ...
Schweighofer T...
IMBD Deutschl...
IMBD Deutschl...
Schweighofer T...
Hochleistungs ...
Glastechnik Wei...
Stein & Partner ...
Stein & Partner ...
Part Familiy
Thick Film
Thick Film
Thick Film
Thick Film
Fillers
MLCC
Thick Film
Thick Film
Additives
Thick Film
Thick Film
Thick Film
Sand
Precision
Precision
Part Number
590000186
458675
590000411
Multiple
590000186
458675
590000145
590000186
590000120
590000109
458790
590000377
590000220
Multiple
Multiple
Part Description
Thickfilm
Thickfilm
Thickfilm
Thickfilm
PORTLANDZE...
COG/NPO
Thickfilm
Thickfilm
PTE
Thickfilm
Thickfilm
Thickfilm
QUARZSAND...
Precision I
Precision I
Amount
€ 6.83 M
€ 3.27 M
€ 2.84 M
€ 2.4 M
€ 2.39 M
€ 2.32 M
€ 2.25 M
€ 2.11 M
€ 1.95 M
€ 1.91 M
€ 1.91 M
€ 1.81 M
€ 1.64 M
€ 1.63 M
€ 1.63 M
Action
Details
Now that you're on the Opportunities & Risks overview, you can see all potential Saving Opportunities and Risks across different categories.

To explore the details of a specific opportunity, click on the "Details" button!
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
You're now on the Opportunity Details page. Here, you can find key information, visual insights, and a detailed calculation of the potential savings. Take a closer look to evaluate the impact of this opportunity.

Click on "Index Overview" Tab to switch between Visualizations.
Wire Rod C66D Asia Pacific
Electricity Industry Average China
60%
Material
20%
20%
Energy
60%
Total
Saving Potential
$ 2.3 M / Market Intelligence
Supplier
ACME
Location
Eastern Asia, China, Beijing
Part Number
37652005
Part Description
Lorem Ipsum
Part Family
Rod Assembly
Receiving Plant
(2226) Cross Iron Mills Factory Corporation Limited
Plant Location
Germany
Detailed Calculation
Total (Base Currency)
€ 364,140
Date
2024-08
2024-08
2024-08
2024-08
2024-08
Price
¥ 2.98194
¥ 2.98194
¥ 2.98194
¥ 2.98194
¥ 2.98194
Baseline
100
100
100
100
100
Index Value
67
68
75
70
71
% Change
-32.85 %
-32.3 %
-24.96 %
-30.28 %
-28.75 %
Parts Received
231,600
151,400
170,400
219,000
266,200
Total Saving (...
¥ 158,827
¥ 102,087
¥ 88,785
¥ 138,440
¥ 159,763
Initiative
€ 13.05 M
SIM-382
Market Intellig...
Value
Type
Supplier
Part Number
€ 364.1 k
Market In...
ACME
37620005
Milena Meyer - Creative Developer ivoflow
In this new ticket you can adjust savings, tag your team members, weigh it by confidence level, add assets, description, see the calculation details and many more.
Also, you can track your progress by moving the ticket to the appropriate status at each stage.

Click on the Ticket to move it to "In Process".
Add Ticket
In Progress
€ 13.05 M
Add Ticket
Negotiations
€ 13.05 M
Add Ticket
Implemented
€ 13.05 M
Add Ticket
Rejected
€ 13.05 M
Add Ticket
The automatically generated overview of potentials has already proven to be a valuable tool in our procurement. It provides us with transparency across all procurement levers — from dual-sourcing strategies and claw-backs to benchmarking and precise cash flow analyses — and helps us identify savings opportunities, manage risks in a targeted manner, and strengthen the resilience of our supply chain.
Christoph Schürhoff
SVP Group Supplier Management
Daniel Demuth and Nicolas Neubauer, Founders of ivoflow

Spend Analytics for the Manufacturing Industry

ivoflow is a specialized spend analytics platform for global manufacturing enterprises. By enriching internal company data with external market data, ivoflow provides transparency over direct spend and automatically uncovers savings opportunities and commercial risks. The platform empowers strategic procurement departments to make data-driven decisions, driving competitiveness and enhancing profitability.

Four identical white bottles with black horizontal stripes standing on a stack of books on a white shelf.
Close-up of a white industrial robotic arm operating in a modern factory setting with metal equipment in the foreground.
Robotic arms assembling a silver car frame inside an industrial factory with large windows.
Commercial airplane undergoing maintenance with nose cone removed inside a spacious aircraft hangar.
Close-up of a white MRI scanner in a clinical room with overhead fluorescent lights.

Maximaler Mehrwert

in diesen Branchen.

1 -
20
Mrd €

Umsatz pro Jahr

~
50
%

BOM to Sales Ratio

~
10
%

Marge

Different Industries show

different Procurement Setups.

Learn how ivoflow creates in value in your industry.

Automotive Procurement

Companies in the automotive sector systematically lose margin in their serial business. By continuously analyzing serial direct material and recurring components, ivoflow addresses cost drivers that impact EBIT.

Learn more
Industrial Manufacturing Procurement

We generate value by bringing structure to fragmented portfolios. The approach focuses on recurring components and modules, enables comparisons across sites and suppliers, and helps prioritize the most relevant cost gaps.

Learn more
Process Industries Procurement

ivoflow creates value by enabling fact-based comparisons without increasing operational risk. The focus is on recurring procurement in existing assets, ensuring functional comparability across suppliers and sites.

Learn more

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