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

Download E-book

    Importance of Supplier Selection Criteria in Strategic Sourcing

    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 goal is aligning their sourcing activities with the objectives of the greater organization.

    Strategic Sourcing is a Must Have.

    Direct Material Procurement is a multi-layered process. It includes demand tracking and BOM processing for RFPs, RFQs, and POs, for example, and involves multiple tiers of suppliers. And businesses struggle with the ready availability of structured data for effective and timely business decision-making. Furthermore, supply risks are rising as a result of a diverse supply base, trade-wars, geo-political tussles, inflation, post-covid-19 impacts, and sustainability-related complexities.

    The impact of any small inefficiency in the direct material process is profound. They directly impact the company’s reputation, business and growth. But there is a way for companies to streamline their direct material procurement process, build resilience, and maintain strategic relationships with their suppliers. Implement Strategic Sourcing.  In this E-book we will look into the following,

    What is Strategic Sourcing?

      • What is a Strategy?
      • External and internal parameters to consider while implementing strategic sourcing
      • Benefits of Strategic Sourcing and
      • 7-Step to Implement Strategic Sourcing Process