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Z Strip - The Story of the Zumen T-shirt

It was a Monday morning. I see how this could be a one-line horror story by itself, but thankfully, it was not a blue Monday. Anyway, the banters and discussions within the marketing team were ...

Manekshaw Anand July 21, 2022

The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement

Business

e-Procurement Software Workbook: The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement

Direct Material Procurement digitalization has been a point of discussion in product manufacturing companies for some time now. Automating direct procurement and optimizing the source-to-contract process can save businesses time and money. But it is ...

zumen July 14, 2022

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Direct Procurement

Business August 7, 2022

Direct Procurement: Challenges in Product Manufacturing Companies

Direct Procurement Challenges in Product Manufacturing Companies One obvious function of the procurement department is...

Quotation Automation

Business August 4, 2022

AI quotation: Table Extraction Deep Learning Technologies & Current Trends

Welcome back to the second part of the Quotation Automation blog series. In the first...

commodity management

Business August 4, 2022

Commodity Management in Product Manufacturing Companies

Product manufacturing companies handle several components (direct or indirect materials) and services. And direct materials...

Business August 1, 2022

Procurement Technology: The 7 Advantages of using Procurement Software

Procurement Technology: Every industry is talking about using technology to improve their supply chain processes...

Business July 29, 2022

New Product Development: A Closer look at the Design Process

Consumer expectation of new products is increasing manifold. Products need to be of the highest...

formula1

Business July 27, 2022

Procurement, Supply Chain, and Formula One: Connecting the Dots

Imagine yourself standing the closest possible to the race track, holding a pint of beer...

Zumen T shirt

Business July 21, 2022

Z Strip – The Story of the Zumen T-shirt

It was a Monday morning. I see how this could be a one-line horror story...

What is Purchase order

Business July 20, 2022

Purchase Order: What it is & What are the Different Types?

Purchase orders (POs) are not new. We release POs when we order something from Amazon...

Business July 15, 2022

Supplier Selection Criteria: Costs No More the Only Factor

Supplier Selection Criteria: Cost is no more the only major factor for supplier selection and...

The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement

Business July 14, 2022

e-Procurement Software Workbook: The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement

Direct Material Procurement digitalization has been a point of discussion in product manufacturing companies for...

Ml Quotation Process

Business July 13, 2022

Can AI Revolutionize Quotation Automation in Direct Procurement?

This is the first of a multi-part series on how Zumen developed a feature to...

Wimbledon

Direct Material Procurement July 8, 2022

Wimbledon – A Procurement Excellence

Champagnes, strawberries, and 50K tennis balls behind a spectacular event Wimbledon – an event that...

Direct-vs-Indirect-Procurement

Business July 7, 2022

Direct Procurement vs Indirect Procurement: The 6 Key Differences

Procurement process is categorized into Indirect and Direct Procurement. It comprises Request for Purchase (RFP),...

ERP & Procurement Partnership

Business July 2, 2022

ERP Integration: The Need & Its Benefits

Enterprise Resource Planning or ERP systems have been here for ages. The term ERP first...

PLM Integration

Business June 29, 2022

PLM Systems : The Need for PLM Integration & Its Benefits

Technology has grown leaps and bounds and has changed how we operate. Everything is connected....

5 Pillars of IT in Manufacturing

Business June 24, 2022

5 Pillars of Enterprise IT in Manufacturing

The global manufacturing industry has trailed behind the IT and other B2C players in digitalizing...

Why ERP is Not Enough for Direct Procurement

Business June 21, 2022

5 Reasons Why ERP is Not Enough for Direct Procurement

The history of Enterprise Resource Planning (ERP) can be traced back to the 1960s when...

How to Avoid New product Failed Launches

Business June 20, 2022

New Product Development: How to avoid failed launches?

It is every organization’s dream to launch new products. A successful product launch puts the...

5 challenges in Procurement

Business June 18, 2022

5 Challenges for Procurement in New Product Development

Recently Land Rover took the wraps off their brand new Range Rover Sport in a...

Procurement Technology

Business June 16, 2022

Procurement Technology Strategy : Long Road Ahead

Procurement technology for the Direct Material Procurement lifecycle is nowhere near where it needs to...

Best of Breed Source to pay software in Manufacturing

Business June 14, 2022

10 reasons to avoid ERP Customization for Procurement

The last decade has seen increased use of technology by the global population for personal...

Direct Material Procurement Life Cycle Guide - Part 2

Business June 10, 2022

Direct Material Procurement Life Cycle Guide – Part 2

Welcome to part 2 of the 2-part series blog on Direct Material Procurement LifeCycle. In...

Sourcing software in Manufacturing

Supplier Management June 9, 2022

3 Reasons Why a Sourcing Software is Needed for Effective Supplier Relationship Management

The recent global issues shook the foundations of many businesses and have led or forced...

Business June 9, 2022

Why an ERP system is not a sourcing platform

Almost all established companies have a well-functioning ERP system. ERPs were designed to help accounting...

Manufacturing Industtry 3 pillars

Business June 2, 2022

Manufacturing Industry: 3 Major IT Pillars for Successful Product Manufacturing Organization

An early-stage startup probably has 100 SaaS tools they have signed up for and actively...

new product development process

Business June 1, 2022

(NPD) New Product Development Process : Early Engagement of Procurement in NPD

Your company sees an exciting opportunity in the market for a particular product. There is...

Direct Material Procurement Life Cycle Guide - Part 1

Direct Material Procurement May 25, 2022

Direct Material Procurement Life Cycle Guide – Part 1

The objective of this guide is to explain the Direct Material Procurement Lifecycle — details,...

Procut-cost-vs-Procurement-Teams.

Product cost May 18, 2022

Product cost vs Procurement teams.

Across every industry, companies that have a competitive advantage are those that launch well-thought-out and...

7 steps of Strategic sourcing

Strategic Sourcing May 9, 2022

Strategic Sourcing: The 7 step sourcing process

Direct material procurement is a complex and mature process. It requires extensive collaboration among internal...

Supply Chain Crisis 2022 - Global Sand shortage

Supply Chain March 30, 2022

The Global Sand Shortage: One more Reason to Build a Crises-Proof Supply Chain

Sand is a ubiquitous commodity. We know that sand is present everywhere, blanketing deserts, lining...

Product Cost

Business February 17, 2022

Product Costs: A Primary Driver for Business Sustenance

The role of procurement as we know it today started to gain importance during the...

Direct Cost

Manufacturing January 11, 2022

Direct Material Cost: With Problems aplenty, why is it important for Manufacturers to focus on it?

Direct cost: For companies to continue surviving, let alone succeed gloriously, delivering their products at...

Manufacturing January 10, 2022

Supplier Relationships: 5 Ways to improve

Supplier Relationships: A successful product manufacturing company requires a strong supply base, given about 70%...

Digital Procurement Enabler

Business January 10, 2022

Digital Procurement and the disruptive technologies that enable them

The use of digital tools and technologies opens up new possibilities for to use of...

Supply Disruption

Business January 5, 2022

Supply Chain Disruption: Course Correction needed to overcome it

Sourcing strategically with quantified risks and ensuring fail-safe mechanisms is part of the job for...

Manufacturing December 9, 2021

Global Supply Chain Shortages: The never ending loop of Supply Chain disruptions and the way forward

Supply Chain Disruption The sudden rise in demand has led to chaos for manufacturers and...

Top-5-Aspects-to-choose-sourcing-software

Business November 10, 2021

Source to Pay software: The What? The Why? And the top 5 aspects to look out for

Companies in the manufacturing industry is growing at a good pace, and companies have a...

Direct Sourcing Technology

Business November 5, 2021

Direct Material Sourcing – How Technology Can Ease its Complexity

It’s Friday evening and you find that the parts arriving from the supplier can’t make...

Advantages of Source-to-Pay over Procure-to-Pay

Business October 20, 2021

Source-to-Pay vs. Procure-to-Pay: Which is the better procurement process?

So, you are planning to Digitalize your procurement process. The first step to this is...

Procurement Software in your IT budget

Business October 11, 2021

Procurement Software: Is it in your IT budget?

This time of year, many companies are figuring out how to allocate resources in the...

8 Competing Priorities that jeopardize margin improvement initiatives from procurement

Business October 10, 2021

8 Competing Priorities that jeopardize margin improvement initiatives from procurement

The story goes like this: the CFO is asking for a percentage point cost...

Sourcing solutions

Business October 5, 2021

Sourcing Solutions help in achieving better product costs. How?

Sourcing Strategy: requires a special focus on every part. In Direct Materials Sourcing, when 1000’s...

Procurement-Digital-Transformation

Business October 5, 2021

Digitalization Procurement: The Transformation through the ages

Procurement has transitioned from a purely transactional process to a strategic function crucial to business...

Direct Sourcing is much more than purchasing- It is an extension of Product Life Cycle

Business October 5, 2021

Direct Sourcing is much more than purchasing: It is an extension of Product Life Cycle

You design, manufacture, and sell a product… be it an Automobile, Aircraft, Refrigerator (or any...

Procurement in Business: Leverage Technology to meet your 2022 Goals

Business October 4, 2021

Procurement in Business: Leverage Technology to meet your 2022 Goals

We are heading towards Q1 of 2022 and since Covid swept the world, there have...

Procurement process using Zumen

Business September 30, 2021

Procurement Process: How Zumen’s Source-to-Pay Solutions enhance it

Procurement management in Product Manufacturing Companies: In current world scenario procurement teams works on multiple...

End to End Procurement

Business September 29, 2021

Procurement System: Ensuring Direct Material Efficiency Through End-to-End Procurement Technology

In manufacturing companies, efficiency is typically derived from well-managed process and material flows. Operational evidence...

Product Manufacturing Companies prioritizing

Business September 28, 2021

Manufacturing Company: What should they be prioritizing?

Manufacturing business : In the wake of the pandemic, many product manufacturing companies were skeptical...

A modern Approach to Suppler Automation

Business September 28, 2021

Supplier Management : A modern & automated approach

Supplier Management: In traditional Supplier Management, the focus was only on cost reduction. The buyer-supplier...

Source to pay software

Business September 28, 2021

S2P Software : How to gain 100% visibility in your sourcing process

Source-to-Pay popularly known as S2P, is the end-to-end process and steps that businesses follow to...

Mitigating Supply Chain Risks

Business September 26, 2021

SCRM : Mitigating Supply Chain Risks with a Resilient Procurement Platform

Supply chain risks: Unforeseen delivery bottlenecks put companies under acute pressure to act. Events such...

Spend Management

Business September 1, 2021

Spend Management: Effectively Managing Direct and Indirect Spends

Spend Management: The primary goal for Procurement leaders is to optimize the purchases as more...

Supply Chain Resilience

Business August 26, 2021

Supplier Data Management – The first step towards building Supply Chain Resilience

With the advent of the pandemic, a lot has been spoken about Supply Chain Visibility...

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