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The year is 2030. Internal Combustion Engine (ICE) vehicles have almost been phased out. More than half the vehicles on the road are Electric Vehicles (EVs) and shared e-mobility services are now common. In addition, ...
Take a look at the branding exercises of top car manufacturers in the world. What do you see? Eye-catching visuals, an array of features, a portfolio, and a catchy tagline. Yes? Alright, now let's shift ...
The story of how the assembly line led to the way we manufacture things! Well,...
The year is 2030. Internal Combustion Engine (ICE) vehicles have almost been phased out. More...
Take a look at the branding exercises of top car manufacturers in the world. What...
Around 10 years ago, when the myth of the world ending on December 12 was...
In the last few blogs on supplier dashboards, we discussed a few of the tables...
At Zumen, we have consistently made efforts to have our presence felt and let the...
Isaac Asimov is an irreplaceable name in the world of science fiction literature. The...
Zumen is your partner in Supplier Evaluation and Performance Management Great coaches play a prominent...
Welcome to the second blog of the Supplier Dashboard series. In the first blog, we...
A peek into the manufacturing hub of the world to see how it got there...
In sports, professionals are under constant pressure to perform at the highest level. And to...
In the era of AI, blockchain and automation, do spreadsheets make the cut? The year...
The challenge for procurement and sourcing begins right from the RFx process – RFP and...
According to the Intergovernmental Panel on Climate Change, transportation accounts for about 23% of global...
In a product manufacturing company, comparing the BOMs of a product at different stages of...
Challenges in the RFX process in Direct Procurement Let’s consider a hypothetical scenario. Jane is...
According to the Aberdeen report on strategic sourcing, 68% of the survey respondents believe that...
Covid-19 was the first and most significant domino that caused a catastrophic ripple effect along...
Supplier Management Product manufacturing companies have suffered a lot in the past couple of years....
What happens when you are on the lookout for buying an electronic item, an automobile,...
You go to an Apple store and purchase the latest 256 GB iPhone 14 Pro...
Supplier Negotiation is part and parcel of our daily lives. It is a clear contest...
Manufacturing companies require multiple items daily, from raw materials, semi and fully-finished goods, to office...
What is a Bill of Material (BOM)? What’s the first thing you do when you...
Product manufacturing companies have multiple departments that collaborate to achieve their business objectives. And when...
Earlier, sustainability was just a topic in boardroom meetings, but now, it is not so....
Direct Procurement The procurement process is categorized into Indirect and Direct Procurement. It comprises Request...
Formula One cars are the fastest on the planet around a race track. And they...
Procurement & Supply Chain Management Over the past few years, businesses across industries have faced...
The past couple of years have been hectic, and we have been through so much....
The year 2009 saw a lot of feature films come and go. And as per...
The early 1780s can be considered as the beginning of modern manufacturing, when Oliver Evans,...
Direct Procurement Challenges in Product Manufacturing Companies Procurement teams juggle multiple roles, from identifying the...
Welcome back to the second part of the Quotation Automation blog series. In the first...
Product manufacturing companies handle several components (direct or indirect materials) and services. And direct materials...
Procurement Technology: Every industry is talking about using technology to improve their supply chain processes...
Consumer expectation of new products is increasing manifold. Products need to be of the highest...
Imagine yourself standing the closest possible to the race track, holding a pint of beer...
It was a Monday morning. I see how this could be a one-line horror story...
Purchase orders (POs) are not new. We release POs when we order something from Amazon...
Supplier Selection Criteria: Cost is no more the only major factor for supplier selection and...
Direct Material Procurement digitalization has been a point of discussion in product manufacturing companies for...
This is the first of a multi-part series on how Zumen developed a feature to...
Champagnes, strawberries, and 50K tennis balls behind a spectacular event Wimbledon – an event that...
Enterprise Resource Planning or ERP systems have been here for ages. The term ERP first...
Technology has grown leaps and bounds and has changed how we operate. Everything is connected....
ERP in Manufacturing The global manufacturing industry has trailed behind the IT and other B2C...
The history of Enterprise Resource Planning (ERP) can be traced back to the 1960s when...
It is every organization’s dream to launch new products. A successful product launch puts the...
Recently Land Rover took the wraps off their brand new Range Rover Sport in a...
Procurement technology for the Direct Material Procurement lifecycle is nowhere near where it needs to...
The last decade has seen increased use of technology by the global population for personal...
Welcome to part 2 of the 2-part series blog on Direct Material Procurement LifeCycle. In...
The recent global issues shook the foundations of many businesses and have led or forced...
Almost all established companies have a well-functioning ERP system. ERPs were designed to help accounting...
An early-stage startup probably has 100 SaaS tools they have signed up for and actively...
Your company sees an exciting opportunity in the market for a particular product. There is...
The objective of this guide is to explain the Direct Material Procurement Lifecycle — details,...
Across every industry, companies that have a competitive advantage are those that launch well-thought-out and...
Strategic Sourcing is no longer a Good-to-Have Working closely with suppliers and internal stakeholders...
Sand is a ubiquitous commodity. We know that sand is present everywhere, blanketing deserts, lining...
The role of procurement as we know it today started to gain importance during the...
Direct cost: For companies to continue surviving, let alone succeed gloriously, delivering their products at...
Supplier Relationships: A successful product manufacturing company requires a strong supply base, given about 70%...
The use of digital tools and technologies opens up new possibilities for to use of...
Sourcing strategically with quantified risks and ensuring fail-safe mechanisms is part of the job for...
Supply Chain Disruption The sudden rise in demand has led to chaos for manufacturers and...
Companies in the manufacturing industry is growing at a good pace, and companies have a...
It’s Friday evening and you find that the parts arriving from the supplier can’t make...
So, you are planning to Digitalize your procurement process. The first step to this is...
This time of year, many companies are figuring out how to allocate resources in the...
The story goes like this: the CFO is asking for a percentage point cost...
Sourcing Startegy: When sourcing for several hundred/ thousands of parts, the process of negotiating becomes...
Procurement has transitioned from a purely transactional process to a strategic function crucial to business...
You design, manufacture, and sell a product… be it an Automobile, Aircraft, Refrigerator (or any...
We are heading towards Q1 of 2022 and since Covid swept the world, there have...
Procurement management in Product Manufacturing Companies: In current world scenario procurement teams works on multiple...
In manufacturing companies, efficiency is typically derived from well-managed process and material flows. Operational evidence...
Manufacturing business : In the wake of the pandemic, many product manufacturing companies were skeptical...
Supplier Management: In traditional Supplier Management, the focus was only on cost reduction. The buyer-supplier...
Source-to-Pay popularly known as S2P, is the end-to-end process and steps that businesses follow to...
Supply chain risks: Unforeseen delivery bottlenecks put companies under acute pressure to act. Events such...
Spend Management: The primary goal for Procurement leaders is to optimize the purchases as more...
With the advent of the pandemic, a lot has been spoken about Supply Chain Visibility...
