Thales

Thales Optimizes Supplier Management Using Ivalua as Master Data Tool

About

Thales Group is a French multinational company that designs, develops and manufactures electrical systems as well as devices and equipment for the aerospace, defense, transportation and security sectors. Thales invests in digital and “deep tech” innovations – Big Data, artificial intelligence, connectivity, cybersecurity and quantum technology – to build a future we can all trust.

Headquarters:
Paris, France

Employees:
77,000 Approximately

Thales Website

Challenges

Data Visibility:The original systems and processes in place were notably challenging and inefficient, creating significant obstacles for seamless data reporting. This complexity hindered the ability to derive clear insights and adversely affected our decision-making capabilities.
Limited Supplier Engagement: Inefficient data management frequently leads to an excessive amount of time being allocated to tedious data cleaning tasks. This does not only drain valuable resources but also diverts attention away from cultivating impactful and strategic relationships with suppliers.

Benefits

Enhanced Data Security and Compliance: Ivalua provides a sophisticated master data tool that ensures data security and compliance.
Sustainable Competitive Advantage: By continually delivering value to customers, Ivalua provides a sustainable competitive advantage.
Streamlined Supplier Collaboration: Thales has transformed its supplier collaboration process into a streamlined and efficient operation, thanks to Ivalua’s cutting-edge solutions. This improvement has led to significant time and resource savings, empowering Thales to allocate more focus towards critical tasks and strategic initiatives that drive the company forward.