Deichmann SE, Europe's Largest Footwear Retailer, Digitalizes Procurement with Ivalua

REDWOOD CITY, Calif., Feb. 13, 2025 /PRNewswire/ -- Ivalua, a global leader in spend management, today announced that Deichmann SE, the European market leader in shoe retail, has selected its platform to digitalize Source-to-Pay (S2P) processes.

Founded over 100 years ago in Essen, Germany, where it is still headquartered, Deichmann SE is Europe's largest shoe retailer. With over 49,000 employees and about 4,700 shops, it operates in 34 countries. In 2023, it generated gross revenue of 8.7 billion euros.

Deichmann SE selected Ivalua's unified spend management platform to achieve four key goals:

• Consolidate and streamline S2P operations
• Increase automation and reduce manual efforts
• Enhance transparency and gain access to powerful data and insights
• Improve collaboration with internal teams and suppliers

With Ivalua, Deichmann will digitalize all core S2P processes including Supplier Risk & Performance Management, Sourcing, Contract Management, eProcurement, and Invoicing. Additionally, Deichmann will leverage Ivalua's intelligent Virtual Assistant (IVA) capabilities and the Collaboration Plans module.

"We chose Ivalua as it provides us with the best solution to streamline our procurement operations, gain visibility into spend, and enhance collaboration with all stakeholders. These capabilities are essential for navigating market dynamics and taking indirect procurement to the next level of procurement excellence", said a Procurement Lead at Deichmann SE.

"With customer preferences shifting and increasingly frequent supply disruptions, building strong supplier relationships is more important than ever for international retailers. Equipped with the right tools, procurement can drive value, foster collaboration and achieve supply chain resilience," said Dan Amzallag, Chief Operating Officer (COO) at Ivalua. "We are delighted to partner with an industry leader like Deichmann to enable its digital transformation journey."

About Ivalua

Ivalua is a leading provider of cloud-based, AI-powered Spend Management software. Our unified Source-to-Pay platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving sustainability, lowering risk and boosting employee productivity. We are trusted by hundreds of the world's most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us on LinkedIn.

SOURCE Ivalua