FMCG News: Emami Group, India partners with Ivalua & Consus

Ivalua, a global provider of spend management cloud software and Consus, a leading procurement solutions provider, announced on Tuesday that they will work with the Emami Group, a leading FMCG company in India to help optimize their spend through eSourcing.

Emami will use Ivalua’s strategic sourcing solutions and Consus’s sourcing services to manage their sourcing processes more efficiently. The new methodology that the two partners bring to the table will help Emami optimize cost by the effective use of RFx and auctions across various categories in the organization.

“Sourcing engagement with Ivalua and Consus has helped us mitigate procurement cost to a great extent. The service and solution have also helped us reduce the sourcing cycle time and achieve greater transparency,” said Mr. S.K Goenka, Managing Director Emami Group.

“Ivalua’s best in class sourcing solution clubbed with the category expertise Consus has helped Emami discover new suppliers as well as optimize cost across categories. We are excited about this new collaboration and confident about the outcome. We’re honored that Emami chose Consus and Ivalua, and we look forward to working with them in bringing new levels of efficiency to their world class operations,” said Shantanu Bhowmick, Chairman & CEO of Consus.

“India is a key market for us and we are thankful to Emami for choosing Ivalua. We look forward to adding significant value to their business processes. With Ivalua’s easy-to-use solution and Consus’s expertise, over 40 Ivalua clients in APAC, we have achieved rapid and measurable savings across our customer base,” said Dan Amzallag, CEO Ivalua Inc

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