How forward-looking Procurement Managers are shaping the Direct Material Source-to-Pay Software Industry
Business | March 17, 2023 | By
They say that a pioneer is one who sees, believes in, and acts upon an opportunity that others fail to see or believe in; or lack the energy or courage to pursue.
From our vantage point, we clearly see how this plays out in the real world, in the context of our software product, dealing with the heads of Procurement, Chief Procurement Officers, and heads of Strategic Sourcing. And how these brave and forward-looking professionals are transforming their functions within their organizations, their professional world, and the IT industry catering to their profession.
In a way, they are pioneers in their profession – after decades of working in a highly stressful, thankless, and yet, critical business function in the areas of Sourcing/Procurement/Purchasing/ Supply Chain, they are ready to find and adopt solutions that will ensure they do not have to continue toiling as they have forever. In fact, they have been looking for solutions that are almost non-existent. But, once they see someone offer what would truly be transformational, they are ready to grab the opportunity.
Like the kind of reports and dashboards, they require when managing a sourcing program. Or to be able to view how a product evolves during the course of development in terms of maturity stages and in terms of minimum quality requirements at every stage. Or having easy access to the collaboration that happens between their organization and the suppliers. Or being able to manage the changing rates of minerals and raw materials and their impact on current and new contracts. Above all, having a mechanism to ensure good governance and transparency in the decision-making process.
They drive these solutions with their incredible experience and unlimited enthusiasm. In this process, they are able to ensure the solutions and the solution providers provide what they want. By ensuring that the selected sourcing platforms fit their needs and processes, they are shaping the future of these solutions, thus riding the leading edge of the wave.
As a pioneer in the Direct Material Source-to-Pay, Zumen is miles ahead of the solutions available in the market. We invite you for an opportunity to discuss the Direct Material Process in Product Manufacturing Space and what is at stake here.
