Direct Material Procurement | Direct Material Sourcing
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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 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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What Does It Mean To Be A Buyer
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10 Reasons Why a Procurement Platform’s TCO is Way Lesser than a Custom Solution
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Direct Material Procurement Life Cycle Guide – Part 1
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Procurement Mishaps at the North Pole
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How a Global Manufacturer of Industrial Equipment gains Sourcing Process Efficiency with Zumen
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How a Multinational Automotive Supplier moved away from a complex-spreadsheet-based Sourcing Process
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  • e-Sourcing
  • Product Cost Management
  • Real Time Material Tracking
  • Raw Material Management
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  • Invoice Automation
  • Budget & Spend Management
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Modules

  • 360-Degree Quotation Comparison
  • Cost Estimation
  • eRFX
  • Purchase Orders
  • Product Cost Approval
  • Product Cost Comparison
  • Advanced Shipment Notice
  • Automated Parts Tracking 
  • Dashboard and Analytics
  • Raw Material Agreements
  • Raw Material Inflation & Deflation
  • Raw Material Master
  • eRFX (Indirect)
  • Advanced Shipment Notice
  • Supplier Collaboration
  • Supplier Metrics
  • Supplier Performance Evaluation
  • Supplier Portal
  • 4-Way Match Invoice Processing
  • Budget & Spend Management
  • PLM and ERP Integration

Tag: Best procurement practices

This Guide helps you to understand the best Procurement Practices in Direct Material Sourcing and Procurement Life cycle Process.

Best procurement practices June 10, 2022

Direct Material Procurement Life Cycle Guide - Part 2 By zumen

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Welcome to part 2 of the 2-part series blog on Direct Material Procurement LifeCycle. In case you missed part 1, it is available here. The objective of this handbook is to help the audience understand ...

Read more..

It is time the software tools catch up
with the Direct Material Procurement Lifecycle

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