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Zumen is the only Procurement (Source-to-Pay) platform that understands how the Product Manufacturing companies manage their various New Product Development & Strategic (Re)Sourcing Programs.
- Create Programs (Projects)
- Add Program (Project) Plan
- Setup Milestones/ Phase-Gates
- Create & Manage Build Plans
- Review Build Readiness
Zumen is equipped with part-level granularity to manage your Bill of Materials. Track individual line items and ensure accurate flow of product information among all the stakeholders with Zumen’s unified platform.
- Import, View and Manage Bill of Materials
- View and Manage Parts Lists
- Create Item Codes
- View & Manage Engineering Changes
Product Development & Sourcing
Zumen offers a scalable, industry-standard format to estimate part costs and ensures that the costing is integrated with Part Life Cycle.
Manage all the sourcing communications and monitor sourcing contracts in real time.
- Create and Manage multiple RFPs
- Create and Manage Cost Estimates
- Send Request for Quotations
- Perform Quotation Negotiations
- Perform Sourcing Approvals
- Create and Manage Purchase Orders (Standard, Blanket, Spot)
- Monitor and Review Ordered Parts Status
Supplier Relationship Management
A comprehensive dashboard for searching and onboarding new suppliers, managing negotiations, monitoring supplier performance, and managing supplier relationships with ease.
Zumen offers the opportunity to discover and engage with new suppliers with a single click, and the onboarding process is handled completely online.
- Add, View and Manage Suppliers
- Evaluate Suppliers
- Monitor and Review Supplier Dashboards
Procurement Dashboard and Action Overview
Stay connected with your entire Source-to-Pay process with Zumen’s comprehensive dashboard. This all-inclusive module integrates data from multiple sources and exposes users to any pending actions that require immediate attention.
- Get Tasks/Approvals Updates and Notifications
- Perform Required Actions
- Visibility into Realtime Sourcing Progress
Zumen consolidates every budget item and tracks the status against each item with all the relevant documents in a single system. This allows a strategic advantage on spending with a clear and straightforward spend approval process.
- Create and Manage Budget Cycle and Budget Items
- Execute Budget Approvals
- Monitor and Review Budget Spends
One platform to manage your entire Source-to-Contract Process
New Product Development
Move from concept to product faster.
Eliminate sourcing process lead times completely.
Production Sourcing
Review and manage all aspects of finalizing the suppliers for series production.
Supplier Management
An extensive dashboard to search and on-board new suppliers, handle negotiations, and monitor supplier performance.
Strategic Sourcing
Re-Source/ Re-Negotiate/ Re-Qualify production parts.
Procurement
Communicate production schedules, manage receipts and ensure smooth operations to keep up with your market demands.
New Product Development
Move from concept to product faster.
Eliminate sourcing process lead times completely.
Production Sourcing
Review and manage all aspects of finalizing the suppliers for series production.
Supplier Management
An extensive dashboard to search and on-board new suppliers, handle negotiations, and monitor supplier performance.
Strategic Sourcing
Re-Source/ Re-Negotiate/ Re-Qualify production parts.
Procurement
Communicate production schedules, manage receipts and ensure smooth operations to keep up with your market demands.
Powerful Integration Framework
Get real-time data, analysis and insights from across your enterprise.
Single Click Integrationwith most ERPs & PLMs
Zero IntegrationOverhead
Efficient, Transparent and On-time
Zumen’s advanced AI allows for a truly paperless quotation process - extraction of data from multiple supplier formats to create an automatic quote comparison - on the unit price level basis and on a line-by-line comparison.
Explore MoreMost Businesses have an ERP,
but they still need a Procurement Platform
A well-functioning ERP system can manage business transactions, it is not equipped with abilities to manage all the technical aspects of a Source-to-Contract process.
Ultimate Guide to
Direct Material Procurement Lifecycle
A reference manual to understand the global direct material sourcing and procurement process in the context of product manufacturing companies
An introduction to the direct material procurement lifecycle and the criticality of procurement's role in launching a successful product.
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Procurement's role in the production phase of the product lifecycle, referred to as Procure-to-Pay, and how it differs from Source-to-Contract.
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