Modern Procurement Systems Bring Simplicity to Complex Business Environments
Procurement Trends, E-procurement
When operations are demanding and time is of the essence, an effective procurement process should bring simplicity and peace of mind.
For some of us, procurement is a relatively straightforward affair. I need a new phone and every two years I go into my e-procurement system, find the most expensive one (I’m worth it) and order it. But perhaps, I’m an anomaly - or more likely, I’m just not in the type of business where complexity is part of the whole construct (pun intended but you will have to read on to understand).
Parts procurement (for example) is everything in a business where equipment management is core to operations, as downtime can directly affect a company’s bottom line. Yet in equipment-intensive industries, parts catalogs may be extensive and the supplier base broad, so companies need a simple and effective procurement system for spare parts management.
From catalog management to purchasing and invoicing, modern web-based solutions can take the pain out of parts procurement. Now, there is a simpler way to manage supplier information, control your budget and make sure the right parts are available at all times.
Download the second chapter in our procurement eBook for a closer look at parts procurement. We examine some of the challenges of sourcing parts for equipment management and look at how equipment rental giant in the Nordics has solved the issue.
Simplicity for fast ordering
In the equipment management and rental business in which this company operates, there are thousands of makes and models of machines for mechanics to fix. So the company needed a way to make it fast and easy for mechanics to find the right spare parts. They chose a parts procurement solution from OpusCapita, with some clever features that make spare parts management even easier.
Topics covered in the eBook include:
- The importance of an excellent online catalog for parts procurement from multiple suppliers
- How ‘free text’ orders can be minimized
- How ‘explosion view’ drawings can help with parts procurement
- Why tight integration between procurement, financial and ERP systems means easier parts management
This is the second of four chapters in OpusCapita’s latest procurement eBook, where we look at modern procurement through customer case studies from companies operating in a variety of industries.
Read more blog posts about Procurement Trends
New Technology Drives eProcurement and Sourcing
21 - 05 - 2019
The hype cycle is always an interesting view of technology and the most recent report from Gartner on procurement and sourcing is no exception.
Spend under management – the OpusCapita way
07 - 05 - 2019
In many of my blogs I talk around a subject and really do my best to avoid any kind of sales pitch – which is probably the way you like it.
Procurement is the key driver for transformation - But nobody knows it
25 - 04 - 2019
Working in Sales I get to meet a lot of our customers and prospects and it’s really interesting, hearing from different companies and people.
Other content you might be interested in:
Solutions for purchasing spare parts, consumables and services for MRO
Finding the right spare part, consumable or service for MRO activities from contracted suppliers can be a challenge for maintenance. Here is how OpusCapita solutions can help.
MRO procurement: 3 Keys to Managing the Complexity
on demandMRO procurement is a challenge due to the multiple players, data sources and systems. Purchasing of spare parts and services for maintenance can be harmonized.