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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
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
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
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
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
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
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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Modules
The Best-of-Breed
Sourcing Software for Direct Material Procurement
Zumen understands that Sourcing is a complex decision-making process where you choose a partner for life when it comes to finding the right supplier. With Zumen you can visualize all relevant data in a single view so you can make fast decisions while keeping the impact in terms of cost, quality, and delivery.
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Comprehensive does not mean complex
While covering the entire procurement life cycle, Zumen still maintains a simple approach to managing source-to-contract that is smart and secure.
Zumen is Simple
Simple to use and simple to integrate. With our single-click integration with most ERPs and PLMs, you can start right away.
Zumen is Smart
Built with years of experience and market research, and cutting edge technology like AI, Zumen can be configured to meet your process complexity.
Zumen is Secure
Ensuring complete data security all across with end-to-end encryption and SOC2 compliance.
Industries We Serve
Automotive
Aerospace
Boats and Submarines
Constructions Materials
Electrical & Electronics
Furniture
Industrial Machinery & Equipment
Industrial Automation
Medical Devices
Test & Measurement Equipment
Why Zumen for Direct Material Procurement?
- Faster GTM - A Step above the Competition
- Optimized Product Cost
- World-Class Compliance in Procurement
- Direct and Indirect Spend Management
- True Digital Transformation
- Easy Integration with the ERPs & PLMs
Gain a competitive advantage with faster time-to-market
Accelerate your GTM with Zumen’s solutions. Reduce time-to-market by 25% with our out-of-the-box solution tailored to your needs. Eliminate manual lead times in your procurement and sourcing processes and accelerate your programs by accumulating the lead time savings from RFPs to POs, invoicing, spend management, and payments. Stay ahead of the competition with quicker decision-making backed by dashboard analytics and collaboration across the direct material procurement lifecycle.
Streamline all sourcing efforts and also find new sources of savings
Leverage end-to-end digitalization across all procurement and sourcing processes. Get a real-time view of the cost and breakups anytime during the direct material procurement lifecycle. Conduct better negotiations with a centralized repository of all communications and revisions streamlined cost estimation and approvals. Save countless hours with an automated roll-up of BOM costs from individual part and buyer cost estimates, and actual PO, and compare multiple BOM costs in a single screen. Eliminate maverick spending with better insights into the whole procurement process.
Ensure world-class compliance with a data-driven approach
Trace every sourcing decision across requirements, quotations, negotiations, and approvals. Establish financial 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. Also, all the component-related documents are stored online and can be retrieved at will, thus improving efficiency multifold.
Bring together both the worlds of direct and indirect procurement for faster and better spending
Drive strategic sourcing initiatives with granular spend analysis and support cost reduction initiatives by providing accurate and actionable data. Realize greater efficiency by eliminating manual and error-prone processes. Highlight opportunities for more effective collaboration between buyers, suppliers, and other cross-functional teams. Increase profitability and maximize working capital by digitizing the Source-to-Contract process and gain insight into enterprise-wide spending.
Drive the new era of digitalization, automation, and productivity using Zumen’s Source-to-Contract
Zumen brings a paradigm shift in your Source-to-Contract process by maintaining all relevant procurement and sourcing 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, and manual errors and decrease risks with advanced AI at your disposal. Improve your process efficiency significantly and ensure faster GTM, using end-to-end procurement digitalization.
Empower your organization with a super-fast, and stress-free integration to major ERPs and PLMs
Zumen’s powerful integration framework allows you to integrate with your existing systems within minutes, without any additional IT infrastructure and overhead spend needed. Our smart integration methodology ensures you only integrate with what is needed without any heavy lifting. Zumen comes with an out-of-the-box connection to the most popular ERPs and PLMs using their standard APIs.
Why Zumen for Direct Material Procurement?
Faster GTM - A Step above the Competition
Optimized Product Cost
World-Class Compliance in Procurement
Direct and Indirect Spend Management
True Digital Transformation
Easy Integration with the ERPs & PLMs
Gain a competitive advantage with faster time-to-market
Accelerate your GTM with Zumen’s solutions. Reduce time-to-market by 25% with our out-of-the-box solution tailored to your needs. Eliminate manual lead times in your procurement and sourcing processes and accelerate your programs by accumulating the lead time savings from RFPs to POs, invoicing, spend management, and payments. Stay ahead of the competition with quicker decision-making backed by dashboard analytics and collaboration across the direct material procurement lifecycle.
Streamline all sourcing efforts and also find new sources of savings
Leverage end-to-end digitalization across all procurement and sourcing processes. Get a real-time view of the cost and breakups anytime during the direct material procurement lifecycle. Conduct better negotiations with a centralized repository of all communications and revisions streamlined cost estimation and approvals. Save countless hours with an automated roll-up of BOM costs from individual part and buyer cost estimates, and actual PO, and compare multiple BOM costs in a single screen. Eliminate maverick spending with better insights into the whole procurement process.
Ensure world-class compliance with a data-driven approach
Trace every sourcing decision across requirements, quotations, negotiations, and approvals. Establish financial 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. Also, all the component-related documents are stored online and can be retrieved at will, thus improving efficiency multifold.
Bring together both the worlds of direct and indirect procurement for faster and better spending
Drive strategic sourcing initiatives with granular spend analysis and support cost reduction initiatives by providing accurate and actionable data. Realize greater efficiency by eliminating manual and error-prone processes. Highlight opportunities for more effective collaboration between buyers, suppliers, and other cross-functional teams. Increase profitability and maximize working capital by digitizing the Source-to-Contract process and gain insight into enterprise-wide spending.
Drive the new era of digitalization, automation, and productivity using Zumen’s Source-to-Contract
Zumen brings a paradigm shift in your Source-to-Contract process by maintaining all relevant procurement and sourcing 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, and manual errors and decrease risks with advanced AI at your disposal. Improve your process efficiency significantly and ensure faster GTM, using end-to-end procurement digitalization.
Empower your organization with a super-fast, and stress-free integration to major ERPs and PLMs
Zumen’s powerful integration framework allows you to integrate with your existing systems within minutes, without any additional IT infrastructure and overhead spend needed. Our smart integration methodology ensures you only integrate with what is needed without any heavy lifting. Zumen comes with an out-of-the-box connection to the most popular ERPs and PLMs using their standard APIs.
ERPs and PLMs alone are not enough
for direct material procurement
Get a Demo
Zumen perfectly complements your ERP
to cover the Direct Material Procurement Lifecycle
Product Planning
Implement and execute successful NPD processes by creating and managing programs, build plans, and evaluating build readiness.
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Product Data Management
Connect the dots from the data in your PLM and ERP systems, be on top of the engineering changes, and work with BOMs easily, all in one place so the sourcing teams are always ahead of the curve.
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Product Development & Sourcing
Effortlessly manage multiple programs and take your new product to market faster.
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Supplier Relationship Management
Onboard and manage all your suppliers and foster better supplier relationships with a collaborative platform.
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Procurement Dashboard and Action Overview
Get a bird’s eye view of your procurement process with visibility to all stakeholders using intuitive dashboards and reports.
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