Purchase Requisition Process Launching a product in the market can be stressful. It requires complete coordination across internal teams as well as external suppliers. And the problem most companies face is siloed pieces of information. This leads to teams working with disconnected data, which makes it difficult to consolidate, and soon, the data…

Supplier Relationship Management SRM is an imperative part of the manufacturing process. And primarily critical to procurement. Essentially, it is the process of building and maintaining strong, productive relationships with the organization’s suppliers. And it involves managing the interactions between the buyer and suppliers, as well as developing strategies and policies to optimize…

The calendar has changed into another year of the AD. At this time, many procurement professionals across the globe are preparing to face a new year with enthusiasm, bracing for an imminent recession and its economic impact too. “There is an obvious notion of change, to transforming procurement,” says Drasko…

Dear Procurement Professionals, As we start the new year, we want to take a moment to recognize and appreciate the hard work and dedication that you bring to your role in procurement. …

10 Key Statistics from 2022 Procurement can learn from. 2022, was a very interesting year for Procurement. It had many ups and downs as a function of the larger manufacturing picture. And as an individual function, it saw the advent of the newer and latest technology for the field with Industry 4.0. …

A blast from our past. In 2022, in an effort to empower procurement with comprehensive direct material Source-to-Pay software, a lot has transpired at Zumen. And along the way, we had loads of fun. This is Zumen’s rewind of 2022. Globe-trotting adventure! In 2022 we sponsored and participated in a total of…

Remember the days when life was easy, devoid of social conventions and expectations, and unaffected by the challenging realities of adulthood? Remember your neighborhood was everything to you and toys were your only companion? You were a legend if you possessed a stuffed superhero, or the chosen one if you…

“Winter, a lingering season, is a time to gather golden moments, embark upon a sentimental journey, and enjoy every idle hour.” –John Boswell A lot has changed in the last couple of years when it comes to holiday traditions, but one thing hasn’t. It is gathering in front of televisions…

Procurement and Christmas may seem like two unrelated topics, but they actually have a strong connection. At their core, both procurement and Christmas revolve around the process of acquiring and obtaining goods and services. Giving into Demands! In a business setting, procurement refers to the process of acquiring goods and services for an…