London: HARMAN, a leader in connected technology, has selected Ivalua for a digital Source-to-Contract system to streamline procurement for direct materials. This partnership aims to improve supply chain visibility and enhance supplier collaboration while focusing initially on HARMAN's automotive operations.
HARMAN, a global leader in connected technologies for automotive and consumer markets, has chosen Ivalua to enhance its procurement processes by adopting a digital Source-to-Contract (S2C) system for direct materials spending. The collaboration, announced on March 10, 2025, aims to provide HARMAN with improved visibility into its supply chain, promoting better supplier collaboration and streamlining operations.
HARMAN is renowned for its audio and connected car systems, with brands like JBL, Harman Kardon, and AKG in its portfolio. The company’s products are integrated into over 50 million vehicles currently on the road, reflecting its significant role in both consumer and automotive sectors.
The initial phase of the implementation will focus on centralising direct spending processes within HARMAN's automotive operations. By utilising Ivalua’s integrated sourcing platform, HARMAN anticipates enhanced productivity and efficiency along with real-time insights and advanced analytics. Frank Lutz, Director of Procurement Digitalization at HARMAN, described the partnership as “a major step forward in our digitalization journey,” highlighting the expectation of significant improvements in supplier collaboration and procurement value.
Future plans include broader utilisation of Ivalua's software solutions across HARMAN's other business sectors, particularly its Lifestyle division. Dan Amzallag, Chief Operating Officer at Ivalua, expressed enthusiasm for the partnership, stating, “We look forward to supporting HARMAN's transformation journey and driving long-term success together.”
HARMAN operates as a subsidiary of Samsung Electronics, with a workforce of approximately 30,000 personnel spread across the Americas, Europe, and Asia, and continues to lead in developing innovative solutions in the Internet of Things and audio sectors.
Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The collaboration was announced on March 10, 2025, indicating that the information is current and not recycled from older sources.
Quotes check
Score:
8
Notes:
Quotes from Frank Lutz and Dan Amzallag are included, but no earlier references to these specific quotes could be found online. This suggests they might be original to this press release.
Source reliability
Score:
9
Notes:
The narrative originates from a press release on PR Newswire, a reputable platform for distributing corporate news. However, press releases are typically promotional and may not provide balanced views.
Plausibility check
Score:
9
Notes:
The claims about HARMAN and Ivalua's partnership are plausible given the context of digital transformation in procurement processes. The narrative aligns with typical business partnerships and technology adoption trends.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative appears to be fresh, with recent information and plausible claims. The quotes seem original, and while the source is reliable as a press release platform, it is promotional in nature. Overall, the information is likely accurate but should be considered in the context of a corporate announcement.
