PIL's Bid to Enhance Procurement Efficiency with Ivalua

Pacific International Lines (PIL) has enlistedIvalua and its Source-to-Contract (S2C) solution to future-proof and enhance the digitalisation of its procurement operations, with Deloitte as a strategic implementation partner.

Founded in Singapore in 1967, PIL is the largest home-grown carrier in Southeast Asia, operating a fleet of approximately 100 container vessels with a capacity exceeding 400,000 TEUs.

The company serves customers in more than 90 countries and around 500 locations, with a strong presence in Asia, Africa, the Middle East, Latin America and Oceania.

Strategic partnership drives digital transformation

Ivalua will provide support to PIL focusing on three strategic objectives:

• Driving automation: Ivalua enables PIL to integrate S2C processes with three internal systems and enhance automation.
• Strengthening compliance: Ensuring contract adherence through standardised checklists and enabling robust supplier risk and performance measurement.
• Enhancing operational efficiency: Adopting a harmonised approach across multiple geographies and establishing a single source of truth for supplier and contract data to optimise sourcing decisions.

Ivalua's Source-to-Contract software was selected by PIL due to its robust capabilities across supplier relationship and performance management (SRPM), sourcing and contract management.

Sustainability at the heart of operations

Partnering with Ivalua will strengthen PIL’s commitment to sustainability by embedding it more deeply in operations, culture and decision-making.

In its latest sustainability report, the company outlines expansion of its LNG dual-fuel fleet, improvements to emissions tracking, community uplift initiatives and strengthened governance frameworks.

"Sustainability remains central to our mission," says Teo Siong Seng, Executive Chairman at PIL. "In 2024, we introduced the first two LNG dual-fuel 14,000 TEU container vessels, Kota Eagle and Kota Emerald, which is part of our ongoing commitment to environmental responsibility. This is a testament to our fleet renewal journey and ongoing investment in a lower-carbon future.

"Our drive for sustainability is not limited to our ships. We have also adopted renewable energy sources where we can. In 2024, all electricity consumption in our headquarters and our offices in China, Chile, Ghana, Dubai and India was matched with local renewable energy certificates. This helped us to reduce our GHG footprint in these countries."

Building a future-ready procurement function

Andrew Stafford, VP APAC at Ivalua, said the spend and supplier management specialist was proud to partner with PIL on its digital transformation journey.

"We look forward to delivering a future-ready procurement function that drives value, resilience and agility across the organisation," he continues.

PIL selected Ivalua based on its commitment to innovation through substantial R&D investment and the platform's flexibility to adapt to PIL's specific business needs.

Deloitte will serve as the strategic implementation partner, leveraging its worldwide procurement transformation experience and comprehensive Ivalua knowledge to ensure smooth deployment, establish industry-leading practices and deliver rapid value to PIL.

The Ivalua platform will integrate seamlessly with PIL's current enterprise systems, connect to third-party risk intelligence services and enable digital signature capabilities through a specialised partner – creating a cohesive, compliant and scalable procurement infrastructure.

Joseph Choo, Technology & Transformation Partner at Deloitte Singapore, adds: "We are excited to support PIL in this critical transformation journey.

"By combining Ivalua's market-leading Source-to-Contract capabilities with Deloitte's proven expertise in procurement and supply chain transformation, we aim to accelerate value delivery, strengthen compliance and build a scalable digital, future-ready procurement function for PIL."