Best Procurement software - Direct Material Procurement

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

10 Reasons Why a Procurement Platform’s TCO is Way Lesser than a Custom Solution

Direct Material Procurement Life Cycle Guide – Part 1

Procurement Mishaps at the North Pole

How a Global Manufacturer of Industrial Equipment gains Sourcing Process Efficiency with Zumen

How a Multinational Automotive Supplier moved away from a complex-spreadsheet-based Sourcing Process

Modules

eRFX (Indirect)

4-Way Match Invoice Processing

Budget & Spend Management

PLM and ERP Integration

Best Procurement software September 29, 2022

Supply Chain Disruptions: Factsheet of the Global Impact By zumen

Covid-19 was the first and most significant domino that caused a catastrophic ripple effect along the supply chain. Since then, Geo-political issues, customer demands, trade wars, and many other disruptors have caused upheavals in the ...

Best Procurement software July 14, 2022

e-Procurement Software Workbook: The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement By zumen

Direct Material Procurement digitalization has been a point of discussion in product manufacturing companies for some time now. Automating direct procurement and optimizing the source-to-contract process can save businesses time and money. But it is ...

Product Planning

Product Data Management

Product Development & Sourcing

Supplier Relationship Management

Procurement Dashboard and Action Overview

Budgeting & Spend Management

PLM and ERP Integration

Blog

Case Studies

E-books

What Does It Mean To Be A Buyer

10 Reasons Why a Procurement Platform’s TCO is Way Lesser than a Custom Solution

Direct Material Procurement Life Cycle Guide – Part 1

Procurement Mishaps at the North Pole

How a Global Manufacturer of Industrial Equipment gains Sourcing Process Efficiency with Zumen

How a Multinational Automotive Supplier moved away from a complex-spreadsheet-based Sourcing Process

e-Sourcing

Product Cost Management

Real Time Material Tracking

Raw Material Management

Indirect Material Sourcing

Supplier Relationship Management

Invoice Automation

Budget & Spend Management

Integration

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

Best Procurement software September 29, 2022

Supply Chain Disruptions: Factsheet of the Global Impact By zumen

Best Procurement software July 14, 2022

e-Procurement Software Workbook: The Ultimate Guide to choosing the right Software for Direct Material Sourcing & Procurement By zumen

Features

Resources

Links

Company