Case Study: Piramal achieves 19% average annual cost savings and end-to-end supply-chain visibility with Ivalua

Strengthening Supply Chain and Managing Global Complexity

Piramal Glass, a global leader in end-to-end glass bottle manufacturing serving customers in 44 countries, was hampered by manual, paper-led processes and legacy systems that limited supplier collaboration. The company lacked global visibility into sourcing events, contract volumes and timelines, and faced redundant approval workflows across 64 departments that caused delays, penalties and poor forecasting.

Ivalua’s Source-to-Pay suite (Supplier Management, Sourcing, Contract Management, Procurement, Invoicing and Strategy & Analytics) centralized contract and procurement processes, digitized P2P and automated operations to give full spend and supplier visibility. The initiative delivered measurable results: 19% average annual cost savings over four years, a 75% reduction in contract and catalog cycle times, a 40% cut in PR/PO cycle time (from 5 to 3 days), and stronger enterprise-wide collaboration.

Piramal

Samit Datta

Head of Global Supply Chain & IT