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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
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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 for and onboarding new suppliers, managing negotiations, and monitoring supplier performance.

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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Invoice Automation

Zumen’s most efficient AI and ML models enable fast and accurate data capture from invoices by eliminating tiresome manual efforts. Buyers and Purchase Managers can achieve greater accuracy with Zumen’s error-free invoice processing and effective payments management.

  • Upload and Manage Invoices
  • View Payment Status
  • View and Manage Credit/Debit Notes
  • Interact with Finance Team
  • Execute and Monitor Payment Status
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Solutions

Drive the new era of digitalization, automation, and productivity in the global workforce using our solutions
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Accelerating Time to Market

The Faster. The Better. Reduce time-to-market by 25% with Zumen's out-of-the-box solution tailored to your needs. Eliminate manual lead times in your procurement process. Accelerate your programs by accumulating the lead time savings from RFQs to POs, invoicing, spend management, and payments. Stay ahead of the competition with quicker decision-making backed by dashboard analytics and collaboration across your sourcing and procurement processes.

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Optimizing Product Cost

Capture and realize savings. Zumen provides end-to-end digitalization across all procurement processes, minimizes paperwork, improves process efficiency, and increases productivity. The result is the reduction in product life cycle costs. Leverage the productivity improvement from an end-to-end platform to focus on better negotiations. Reduce inventory carrying costs through increased visibility to assess trends and market indices with an optimized supply chain process. Recover the advantages of external cost impacts without manual efforts using fully digitized cost cards with real-time commodity and shipping rates.

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Eliminating Manual Dependency in Sourcing

Optimize workforce utilization. Zumen brings a paradigm shift in your Source-to-Pay process by maintaining all relevant procurement data in a single platform. Streamline workflow and focus more on core functions. Free up staff to focus on strategic activities with data at the forefront and a connected workforce to drive bottom-line impact. Eliminate clerical work, manual errors and decrease risks with advanced AI at your disposal. Improve your process efficiency significantly using end-to-end procurement digitalization.

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Bringing World-Class Compliance in Procurement

Ensure world-class compliance with a data-driven approach. Traceable sourcing decisions with requirements, quotations, negotiations, and approvals. Ensure compliance by mapping every accountable expense to the budget plan. Optimize contract compliance with Zumen as all the purchases are integrated with invoice and payment systems. Ensure quality compliance for every line item of your PO. All the component-related documents are stored online and can be retrieved at will, thus, improving efficiency multifold.

Managing Spends

All your spendings under one roof. Strategic sourcing with granular spend analysis supporting cost reduction initiatives by providing accurate and actionable data. Eliminate maverick spending and buying practices. Highlight opportunities for profitability and maximize working capital. Integrate budgeting and procurement for complete visibility of spend vs plan.

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Eliminating Data Duplication

Increase visibility and improve efficiency with accurate data capture. With Zumen manage all the data in a single platform by effortlessly integrating with ERP and other enterprise systems. Manage supplier and item master data in a single transparent system instead of multiple systems. Capture all relevant details using built-in or customized templates. Any changes made, automatically syncs across the whole system. Set defined approval workflows for all data type changes, saving time and effort. Maintain complete transparency by mitigating risk, eliminating data duplication, thus gaining competitive advantage for the business.

Improving Productivity

Say goodbye to manual work. Use end-to-end digitalization to eliminate the need to maintain an overwhelming amount of spreadsheets and emails, foster collaboration, and automate reporting with real-time information. Save up to 80% of time spent in follow-ups and data handling using automated workflows. Eliminate manual errors, and reduce time spent in the quotation creation and invoice processes with the help of Zumen AI.

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Learn how our solutions can be tailor-made to your needs

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