Procurement Innovations

Paul Lane presents: Procurement Innovations

We know that seeing a solution in action is more compelling than just reading about it. Our procurement expert Paul Lane presents the most common use cases for some of our solutions in this video series.

You also watch all the videos in YouTube Procurement Innovations.

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OPERATIONAL PROCUREMENT AND GUIDED BUYING

• What is operational procurement
• Guided buying & browsing categories
• Visibility management
• Preferred supplier ranking, preferred products

DIRECT MATERIALS SUPPORTS

• Direct material – demand generation from the ERP
• Fedex demo – assets, BOM and source of supply
• Equinor – OpusCapita as a source of supply/pricing

CATALOG MANAGEMENT

• Direct material – demand generation from the ERP
• Fedex demo – assets, BOM and source of supply
• Equinor – OpusCapita as a source of supply/pricing

SERVICE DELIVERY ACKNOWLEDGEMENT

• Service entry
• Labor timesheet
• Progress payments based on milestones
• Reporting against PO line items
• Reporting based on rate sheets
• Service entry approval

SERVICES REQUISITIONING

• Contingent labor (Conditional form)
• SOW
• Limit order
• Rate sheets
• Simple call off from rate sheet

SUPPLIER-SHOPS AND MARKETPLACES

Punchout support / Amazon extended punchout
Background search
Hosted supplier websites:
- Supplier classification support
- Supplier product attributes
Price and availability support

COLLABORATIVE SERVICES REQUISITION USING RFQ

Complex call off using RFQ for supplier collaboration