News


Arcelor Mittal relies on Ivalua Buyer for SRM


Redwood City, CA – April 4, 2012 – Arcelor Mittal is the world’s number one steel company, with 320,000 employees, present in more than 60 countries.

Annual Spend: More than 10 billion USD
250 internal buyers & more than 10,000 suppliers

Key business issues before implementation of Ivalua’s SRM tool:

No precise vision on supplier performance and evaluation across the organization
Inadequate methods and metrics to evaluate supplier performance on multiple criteria
Lack of detailed feedback to suppliers resulting in weak supplier relationship

Solution:

Advanced multi-criteria collaborative SRM tool for supplier evaluation
Communication of detailed performance report to supplier
Implementation of Supplier Improvement Plans to define goals and monitor KPIs.

Learn more about how the world’s largest steel maker enhanced its Supplier Performance with the Ivalua Buyer solution: Download the case study