Procurement in
Industrial Manufacturing
Industrial manufacturing operates at the intersection of series production and project-based business. Compared to the automotive sector, volumes per part are typically lower, while the number of variants and modular options is higher. Product lifecycles are longer, and sourcing decisions are often decentralized, adding complexity to procurement. Pricing strategies evolve not through standardized platforms, but through the extension of projects, variants, and modules.
Discover how ivoflow’s spend analytics platform creates value for procurement teams in industrial manufacturing.
Typical Procurement Situation
in Industrial Manufacturing
Production Setup
Production combines serial and modular manufacturing with multiple variants.
BOM Structure
The structure is based on repeating modules and assemblies, rather than pure mass production.
Supplier Landscape
Sourcing is global, but local sites maintain strong autonomy.
Pricing Behaviour
Pricing is inconsistent across sites, projects, and product generations.
Decision Pressure
Margins are pressured by complexity, not by volume.
How ivoflow Creates Value
In Industrial Manufacturing
We automate Saving Levers
for Procurement Organizations
Dual & Multiple Sourcing
The dual and multiple sourcing feature helps diversify your suppliers and identify alternatives to secure your supply chains. This way, you cannot only minimize risks but also make price-optimized decisions for your procurement.
Currency Clawback & Risk
Our tool allows you to keep track of exchange rate fluctuations. It supports you in hedging exchange rate risks in framework agreements with suppliers or in reclaiming currency gains from suppliers.
Localization Opportunity
The tool shows you opportunities to reduce delivery, freight, and customs costs, as well as risks through local sourcing and shorter delivery routes.
Discover the most impactful levers
for your procurement!
Book a meeting with our experts.
Want to know more
about our procurement solution?
Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!
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