Milwaukee’s REV Group announced a multi-year agreement with Consus Global, a global procurement solutions integrator and services provider. The partnership will further drive supply base optimization, automation, productivity and working capital value from the REV Supply Chain.
REV Group embarked on its sourcing and procurement transformation earlier this year, which included four appointments to REV’s global sourcing and supply chain team, representing the Fire & Emergency, Commercial and Recreation segments. As part of the partnership with Consus, REV implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle.
“Partnering with Consus Global and our successful deployment of Ivalua will accelerate our progress in supply chain optimization at REV Group by applying a powerful toolset of data, supplier management and competitive bidding capabilities to our team,” said Rob Vislosky, chief supply officer of REV Group. “We are excited about the sizable improvements in productivity, customer delivery and efficiency that will occur as a result of this strategy.”
According to the company, benefits include:
- Shortened sourcing cycle times
- 100 percent visibility of sourcing processes
- Adoption of strategic sourcing practices
- Competitive bidding to drive cost savings
- Enforcement of procurement compliances
“Recent supply chain disruptions have highlighted the need for high-performing organizations, such as REV Group to implement a world-class strategic sourcing program,” said Shantanu Bhowmick, chairman and CEO of Consus Global. “With this engagement, we are bringing together our two organizations with the explicit goal of achieving automation and spend visibility which will lead to multi-year cost savings for REV Group and its shareholders.”
“REV Group is renowned for connecting and protecting communities across the country. We’re excited to support REV Group on their digital transformation journey and accelerate their end-to-end sourcing for all spend types,” said Dan Amzallag, chief operating officer at Ivalua. “Enhancing collaboration by providing increased visibility and insight is critical to achieving a more focused and faster source-to-contract cycle.”