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Product Planning

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
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Product Data Management

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
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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
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Supplier Relationship Management

A comprehensive dashboard for searching for and onboarding new suppliers, managing negotiations, and monitoring supplier performance.

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
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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
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Budgeting & Spend Management

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
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Invoice Automation

Zumen’s most efficient AI and ML models enable fast and accurate data capture from invoices by eliminating tiresome manual efforts. Buyers and Purchase Managers can achieve greater accuracy with Zumen’s error-free invoice processing and effective payments management.

  • Upload and Manage Invoices
  • View Payment Status
  • View and Manage Credit/Debit Notes
  • Interact with Finance Team
  • Execute and Monitor Payment Status
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Introducing Zumen AI

Accelerate sourcing decisions using automated quotation processing

Quote faster and better with Zumen AI

Create quotations in simple steps like never before. You may have your quote already prepared in any of the formats (pdf, jpeg, excel sheets). Just upload the file and Zumen automatically maps the data to the standard Zumen format.

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Zumen’s advanced Machine Learning

Our advanced machine learning capabilities make it possible to scan the data and map it at unprecedented speeds and accuracy. For this to happen we train the neural networks by showing them 1000+ quotations of various formats over and over. Like a human brain, it learns to recognize these quotations and map the data in proper tables when the action is called for.

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High on Confidence

Every time you auto-populate data, you can be sure that it is correct, and the platform shows how confident it is of its work. This confidence level grows as you process more and more quotations through Zumen AI.

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The Finer Details

With the data now mapped, just fill in the other necessary fields. You can also provide price breaks for bulk purchases for the buyer to make informed decisions. Once all the details are entered, the quotation can be saved and sent at the click of a button.

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Time Cannot Be bought

Zumen AI allows buyers to get more work done in a shorter amount of time and focus on the critical aspects of quotation comparisons and negotiations, thereby reducing cycle time and maximizing efficiency. Zumen brings a paradigm shift in the sourcing process where the buyers can focus on their core decision making and allowing the data processing by advanced AI.

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