Large Product manufacturing enterprises source thousands of new parts every year and keeping track of every quotation and negotiation, while absolutely critical, is extremely hard. Although the existing systems, provide a robust control on the purchase orders, very few have the capability to show every single action/ decision on each part. These discussions are buried in the gazillion emails the organizations generate and receive every day.
That’s where Zumen offers an unparalleled solution to manage the Direct Purchasing process and the communication with the suppliers. In one place and to keep track of every decision and negotiation. The part details are reviewed online in one place by the relevant members in design, costing, purchasing and manufacturing; if all well, passed onto the supplier by the click of a button. All registered suppliers that have received the RFQ, log-in and prepare a detailed quotation online.
The quotations are parsed and the competing bids are arranged side-by-side for the sourcing team to make the right source selection for the part (the buyer simply clicks on the quotation he selects); they are then passed through the complete approval chain as per the requirements/ local practice. In the process, the companies ensure they meet the highest levels of compliance & traceability, corporate governance .
Zumen captures supplier updates of the parts status and provides a clean dashboard of the part availability individually as a complete program; the dashboard is also expandable by commodity groups for a more detailed review.
The communication and the documentation related to the part approval, including discussions and decisions on deviation are captured neatly in one place. No need for the purchasing and development teams to dig through the emails anymore during the life-cycle of the part. Zumen streamlines the existing process without forcing you to change any of your existing workflow and approval paths. Its like you just graduated from the days of no telephone to using the smartphones in one step!