Home > Products > SRM > Uses

Large enterprises have purchase volumes of up to 60% of their overall annual turnover. By deploying a modern procurement system, this portion can be minimized, and as a consequence the procurement cost can be reduced drastically.

In order to implement and firmly establish such a solution successfully in the enterprise, it is essential that the E-Procurement system offers an easy interface for all functionalities, allowing the various elements in and around the purchasing enterprise, and particularly the suppliers, manufacturers and customers, to be integrated solidly into the system.

The Supplier Network Manager enables suppliers to independently configure and update information about products, prices and stock in the E-Procurement System. This will minimize the costs for the Content Management of the procuring businesses, as their task is limited to the validation of information (e.g. price).

Efficient search functions ensure that products can be found quickly and easily. Products that are ordered regularly can be bundled in purchase lists, which can be used at any time without incurring extra costs. REFA studies have proven that orders are carried out significantly faster, thereby allowing valuable working hours to be used to complete other tasks.

Advantages

• Fewer faulty orders
• Efficient search of products and alternative choices, accessories and spare parts
• Comparability of products (price/performance)
• Procurement of complex goods
• Shorter order and delivery time
• Secure contract management
• Cost reduction through purchase bundling
• Order authorizations for employees
• Purchase control options/instruments for the management
• Monitoring of the suppliers and their product portfolio
• Low costs for Content Management through Supplier Self Service
• Electronic order completion in back-end system
• Short ROI phase
• Universal supply chain.