Whitepapers

Data Literacy in Procurement – A Key Driver of Strategic Business Success

Procurement is evolving rapidly. It’s no longer just about managing orders and prices – it’s about driving strategic value for the entire organization. The challenge? Many teams have plenty of data, but lack clarity, quality, and integration. Mastering data competence is the key to turning procurement into a hidden champion that anticipates risks, optimizes costs, and strengthens supplier relationships.

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Procurement Solution - Make or Buy

The use of digital solutions—especially AI—holds significant promise: from streamlined business processes to competitive advantages. Procurement teams, together with their counterparts, IT or even digital transformation departments, are therefore faced with a critical and complex question: should they build a solution in-house (Make) or purchase an external one (Buy)?

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10 Strategic Levers in Procurement

10 Strategic Levers in Procurement: How to reduce costs, minimize risks and create value. The global manufacturing industry is facing unprecedented challenges: geopolitical tensions, rising cost pressures, and declining demand have created a complex and volatile business landscape. In the midst of these uncertainties, procurement plays a crucial, yet often overlooked role. In this context, the 'hidden champion' holds substantial potential for cost savings—particularly through strategic management of material costs.

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Donald Trump Returns to the White House: Implications for Global Supply Chains

With Donald Trump's return to the presidency, reactions are mixed. While certain business figures have expressed enthusiasm, economists are more cautious. Reflecting on his previous "America First" policies, which disrupted international supply chains and trade dynamics, experts anticipate that this administration could bring immediate and significant impacts to the global economy.

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Case Study TROX

As part of its sustainability strategy, TROX GmbH assesses its core suppliers for climate neutrality and optimizes its metrics across all 33 subsidiaries. The challenge was not only to create data transparency across multiple locations within a single system but also to derive actionable recommendations based on this data. Learn how this is achieved with the help of ivoflow in our white paper.

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Cost Savings in Procurement

How can you leverage market influences like raw material prices and energy costs in procurement? And how can you take advantage of exchange rate fluctuations? Our whitepaper reveals 5 levers you can use for cost savings in procurement.

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Procurement Trends and more.

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Blog

January 19, 2026

How to Turn Strategic Procurement into a Value Driver

In many companies – especially in manufacturing – procurement accounts for 50 to 70 % of revenue. Yet, the enormous potential within procurement is often underutilized. As one of the most powerful levers for profitability, procurement has a direct impact on margins, resilience, and competitiveness. In this context, data-driven decisions can make all the difference. This blog post explores procurement’s impact on overall business success, explains why the right KPIs are critical for effective decision-making, and highlights the role of different levers in unlocking procurement’s full strategic

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Blog

November 11, 2025

From Data to Value: How Procurement Can Drive Impact in Finance Language

In many organizations, Procurement is still fighting for a seat at the table. Data exists, dashboards exist – yet real insights often remain untapped. How can Procurement deliver true value, speak the language of Finance, and position itself as an indispensable partner?

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Press

July 17, 2025

fischer relies on ivoflow software for more transparency in procurement

The fischer group, technological world market leader in important fields of fastening technology, relies on the spend analytics solution from ivoflow for direct purchasing. The digital solution provider from Koblenz is to support fischer in making its procurement more sustainable and realizing efficiency and savings potential. The software has been in use at the family-owned company since the beginning of 2025.

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