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 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
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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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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
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Home > Resources >E-books

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

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    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 impossible to achieve these with emails and spreadsheets, hence it calls for a dedicated e-procurement software.

    Direct material procurement accounts for about 65-80% of the spending in product manufacturing companies. So, choosing the right e-procurement software comes with a huge responsibility. It is a big commitment and involves a lot of research. The majority of the enterprise systems out there focus only on the transactions. When it comes to direct procurement, ERPs allow the buyers to release Purchase Orders (POs), receive materials, and release payments against the PO. But, it does not cover the entire direct material procurement lifecycle. Hence, there is a need for procurement software that complements ERP in completing the direct material procurement lifecycle.

    The objective of this guide is to provide a complete framework for IT managers in selecting the right e-procurement software to manage Direct Material Sourcing and Procurement. In this Ultimate Guide, you will read about,

    -> History and context for the Manufacturing IT space.

    -> 10 reasons why customizing an ERP for direct material procurement is not a good IT approach.

    -> 7 steps in shortlisting and finding the right direct material procurement software with a downloadable detailed vendor evaluation list.

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    While this guide is in the context of sourcing/e procurement software, the steps or framework can be replicated when choosing any best-of-breed software for other business processes.