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GN Store Nord and Ivalua: Transforming Direct Sourcing and Supplier Management

Discover how GN Store Nord centralized procurement, automated direct sourcing workflows, and improved visibility and collaboration across Tier 2 and Tier 3 suppliers.

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Industry:

Manufacturing

Headquarters:

Denmark

Employees:

7,500

Website:

Visit GN Store Nord’s Website

About GN Store Nord

GN Store Nord is a global leader in intelligent audio and video solutions, with innovative offerings spanning enterprise headsets, medical-grade hearing aids, and devices for gaming and consumer applications. Operating in a fast-moving, innovation-driven industry, GN requires agility, precision, and supplier coordination at scale.

Challenges

Unmanageable Supply Chain Complexity: An expanding supplier base and increasing sourcing activity made Excel-based processes unsustainable.
Fragmented Global Teams: With procurement spread across three time zones, it was critical to unify systems, data, and communication.
Inconsistent Supplier Information: Teams needed a “single source of truth” for supplier data to make fast, informed decisions.
Manual Processes & Data Errors: Without automation, sourcing processes were subject to delays, mistakes, and missed opportunities.

Benefits

After implementing Ivalua’s solutions, GN Store Nord has made major strides in their digital procurement transformation journey:

Global procurement organization: Unified across regions and processes
High user adoption: More sourcing projects launched weekly
Direct Sourcing Automation: Processes that once relied on manual updates now run seamlessly, with clear flags for inconsistent or flawed data.
Transparency: Tier 1 and Tier 2 supplier visibility and collaboration
From Excel to Enterprise Platform: A centralized, automated sourcing environment—improving speed, accuracy, and collaboration.
Data-Driven Procurement: Enhanced visibility into supplier performance and risk allows teams to detect and fix data quality issues early—keeping sourcing workflows running smoothly.
Cross-Functional Synergy: Procurement now collaborates with quality, R&D, and other business units on supplier evaluations, increasing alignment and transparency.

Solutions Selected

Supplier Risk & Performance

Sourcing

Contract Management

eProcurement

Invoicing

Payments

Spend Analysis

We are really starting to see the number of sourcing projects picking up, inside the platform now, which we are very happy to see. And this, of course, also is a reflection that our adoption rate is improving.