Direct Material Procurement | Direct Material Sourcing
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  • Product Planning
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  • Supplier Relationship Management
  • Procurement Dashboard and Action Overview
  • Budgeting & Spend Management
  • PLM and ERP Integration
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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
Learn more
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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
Learn more
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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
Learn more
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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
Learn more
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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
Learn more
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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
Learn more
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PLM and ERP Integration

Real-time and end-to-end data visibility, process streamlining, and reduced costs. Achieve this and more with Zumen’s integration framework! Zumen’s pre-built connectors make it very simple to connect with PLMs such as Teamcenter and Windchill and ERPs such as SAP, Oracle, JDE and others.

  • Integrate with PLM
  • Integrate with ERP
  • Works with Excel
Learn more
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    E-books

    Guides and information on the key factors of Supply Chain and Procurement

What Does It Mean To Be A Buyer
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10 Reasons Why a Procurement Platform’s TCO is Way Lesser than a Custom Solution
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Direct Material Procurement Life Cycle Guide – Part 1
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Procurement Mishaps at the North Pole
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How a Global Manufacturer of Industrial Equipment gains Sourcing Process Efficiency with Zumen
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How a Multinational Automotive Supplier moved away from a complex-spreadsheet-based Sourcing Process
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  • e-Sourcing
  • Product Cost Management
  • Real Time Material Tracking
  • Raw Material Management
  • Indirect Material Sourcing
  • Supplier Relationship Management
  • Invoice Automation
  • Budget & Spend Management
  • Integration
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Modules

  • 360-Degree Quotation Comparison
  • Cost Estimation
  • eRFX
  • Purchase Orders
  • Product Cost Approval
  • Product Cost Comparison
  • Advanced Shipment Notice
  • Automated Parts Tracking 
  • Dashboard and Analytics
  • Raw Material Agreements
  • Raw Material Inflation & Deflation
  • Raw Material Master
  • eRFX (Indirect)
  • Advanced Shipment Notice
  • Supplier Collaboration
  • Supplier Metrics
  • Supplier Performance Evaluation
  • Supplier Portal
  • 4-Way Match Invoice Processing
  • Budget & Spend Management
  • PLM and ERP Integration

Category: Strategic Sourcing

Strategic Sourcing March 02, 2023

Eight questions to determine the need for Sourcing Software By Viswa

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To the CFO/CIO: Direct Spend accounts for up to 70% of the total revenue. Yet, it's difficult to find the audit trail of direct-spend-related decisions. Have you wondered how and where the decisions are made and ...

Read more..
Strategic Sourcing February 23, 2023

UI and UX: The two unsung heroes of software development By Kausika Raajan Varatharaajan

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Recently, I visited a fast-food restaurant that’s well-known for its burgers, shakes, and fries. When I entered the restaurant, I spotted a newly installed kiosk. I understood that with the help of this kiosk, I ...

Read more..
Strategic Sourcing December 28, 2022

Toy Story: It's History, Complexity & Procurement's Role By Kausika Raajan Varatharaajan

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Remember the days when life was easy, devoid of social conventions and expectations, and unaffected by the challenging realities of adulthood?  Remember your neighborhood was everything to you and toys were your only companion? You ...

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Strategic Sourcing November 03, 2022

Supplier Dashboard II: How Zumen simplifies supplier evaluation By Kausika Raajan Varatharaajan

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Welcome to the second blog of the Supplier Dashboard series. In the first blog, we talked about the importance of dashboards in procurement, especially in supplier relationship management, and how you can intuitively zoom in ...

Read more..
Strategic Sourcing October 23, 2022

Supplier Dashboard I: Your partner for effective Supplier Management By Kausika Raajan Varatharaajan

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In sports, professionals are under constant pressure to perform at the highest level. And to reach that level, they can’t do it by just playing. Players have to undergo rigorous practice sessions, analyze their gaps, ...

Read more..
Strategic Sourcing September 29, 2022

Importance of Supplier Selection Criteria in Establishing Strategic Sourcing By zumen

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According to the Aberdeen report on strategic sourcing, 68% of the survey respondents believe that strategic sourcing plays a huge role in their organization.   53% of the survey respondents believe that a top strategic ...

Read more..
Strategic Sourcing September 29, 2022

Supply Chain Disruptions: Factsheet of the Global Impact By zumen

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Covid-19 was the first and most significant domino that caused a catastrophic ripple effect along the supply chain. Since then, Geo-political issues, customer demands, trade wars, and many other disruptors have caused upheavals in the ...

Read more..
Strategic Sourcing September 25, 2022

Quotation Process: A brief Description By Kausika Raajan Varatharaajan

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What happens when you are on the lookout for buying an electronic item, an automobile, or even a house? You visit multiple vendors and compare prices, and based on your needs and budget, choose a ...

Read more..
Strategic Sourcing September 24, 2022

Solving the Complexity Conundrum in Achieving the right Product Cost By Kausika Raajan Varatharaajan

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You go to an Apple store and purchase the latest 256 GB iPhone 14 Pro Max. And its Manufacturer's Suggested Retail Price (MSRP) right off the shelf is $1199. But, the actual product cost of ...

Read more..
Strategic Sourcing September 17, 2022

Supplier Negotiation - The need for Source-to-Pay software By Kausika Raajan Varatharaajan

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Supplier Negotiation is part and parcel of our daily lives. It is a clear contest where one takes the cup and the other, well, just watches. Think about your last purchase, be it groceries, an ...

Read more..
Strategic Sourcing September 11, 2022

What is a Purchase Requisition? By Kausika Raajan Varatharaajan

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Manufacturing companies require multiple items daily, from raw materials, semi and fully-finished goods, to office supplies and services. And to purchase these goods, companies need to go through a systematic process that helps them manage ...

Read more..
Strategic Sourcing August 31, 2022

Difference Between Sourcing and Procurement By Kausika Raajan Varatharaajan

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Product manufacturing companies have multiple departments that collaborate to achieve their business objectives. And when it comes to handling the supply chain operations, sourcing, procurement, and supply chain teams form a vital cog. On the ...

Read more..
Strategic Sourcing August 25, 2022

Scope 3 Emissions: Risks, Opportunities, and Role of Procurement By zumen

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Earlier, sustainability was just a topic in boardroom meetings, but now, it is not so. It is becoming a pressing issue in organizations. And enterprises worldwide are calling for greenhouse gas (GHG) emission reductions like ...

Read more..
Strategic Sourcing August 23, 2022

Direct Procurement: The 6 Key Differences of Direct vs Indirect Procurement By Kausika Raajan Varatharaajan

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Direct Procurement The procurement process is categorized into Indirect and Direct Procurement. It comprises Request for Purchase (RFP), Request for Quotation (RFQ), Quotation negotiation & selection, Purchase Order (POs) release, Material tracking, Goods Receipt, and ...

Read more..
Strategic Sourcing August 22, 2022

Formula 1 Engine: 2026 Regulations, Procurement, and Supply Chain By Kausika Raajan Varatharaajan

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Formula One cars are the fastest on the planet around a race track. And they are one of the vital cogs for success in an F1 race. Any good driver with high skill sets will ...

Read more..
Strategic Sourcing August 19, 2022

Procurement & Supply Chain Management: Role of Procurement in Supply Chain By Kausika Raajan Varatharaajan

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Procurement & Supply Chain Management Over the past few years, businesses across industries have faced unprecedented supply chain disruptions. While many business leaders, especially those in the supply chain and procurement, believe that the ghost ...

Read more..
Strategic Sourcing August 11, 2022

Procurement Technology: Why it is a must for Product Manufacturing Companies? By Kausika Raajan Varatharaajan

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The early 1780s can be considered as the beginning of modern manufacturing, when Oliver Evans, an American inventor, began experimenting with the first automated flour mill. And there was no stopping from there. Today we ...

Read more..
Strategic Sourcing August 07, 2022

Direct Procurement: Challenges in Product Manufacturing Companies By Kausika Raajan Varatharaajan

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Direct Procurement Challenges in Product Manufacturing Companies Procurement teams juggle multiple roles, from identifying the need to vendor/supplier management and even facilitating payment processing. And while doing all of these, they also need to keep ...

Read more..
Strategic Sourcing July 14, 2022

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

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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 ...

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Strategic Sourcing July 08, 2022

Wimbledon - A Procurement Excellence By zumen

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Champagnes, strawberries, and 50K tennis balls behind a spectacular event Wimbledon – an event that personifies everything British is back to its original form after a 3-year sabbatical. Every product and aspect of Wimbledon is ...

Read more..
Strategic Sourcing May 25, 2022

Direct Material Procurement Life Cycle Guide - Part 1 By zumen

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The objective of this guide is to explain the Direct Material Procurement Lifecycle — details, exceptions, and complexities — in the context of product manufacturing industries. This would include companies in such industry sectors but ...

Read more..
Strategic Sourcing May 09, 2022

Strategic Sourcing: The 7 step sourcing process By Kausika Raajan Varatharaajan

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  Strategic Sourcing is no longer a Good-to-Have Working closely with suppliers and internal stakeholders brings innovation and greater efficiency to the procurement lifecycle. Strategic sourcing is a proactive process that involves continuous improvement and ...

Read more..

It is time the software tools catch up
with the Direct Material Procurement Lifecycle

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    Features
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      • e-Sourcing
        • eRFX
        • Cost Estimation
        • 360-Degree Quotation Comparison
        • Purchase Orders
      • Product Cost Management
        • Product Cost Approval
        • Product Cost Comparison
      • Real Time Material Tracking
        • Advanced Shipment Notice
        • Automated Parts Tracking 
        • Dashboard and Analytics
      • Raw Material Management
        • Raw Material Agreements
        • Raw Material Inflation & Deflation
        • Raw Material Master
      • Indirect Material Sourcing
        • eRFX (Indirect)
      • Supplier Relationship Managment
        • Advanced Shipment Notice
        • Supplier Collaboration
        • Supplier Metrics
        • Supplier Performance Evaluation
        • Supplier Portal
      • Invoice Automation
        • 4-Way Match Invoice Processing
      • Budget & Spend Management
        • Budgeting & Spend Management
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        • PLM and ERP Integration
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