8Manage automates the strategic sourcing process to create greater procurement intelligence and negotiation power and avoid unnecessary human interventions which might create confidentiality issues. It automates transaction procurement activities to achieve higher levels of efficiency, compliance and cost-savings.
Besides eSourcing, eProcurement and eTender, 8Manage also supports Supplier Relationship Management and Portfolio and Project Management for the sourcing and acquisition of complex products and the management of the long-term services such as strategic outsourcing.
Supplier Info Mgmt ──────────────────────────────────
One of the crucial steps in supplier management is the ability to locate the best supplier quickly and have complete transaction history to support decision making. 8Manage Supplier & Procurement Management provides comprehensive supplier information in the following ways:
● Profile information including general information,
organization information, contact information, legal
information, financial information and credential
information
● Products and services offerings
● Interaction records and action items, and opportunities
● Transaction information including revenue records,
contract and order information.
8Manage provides 360°supplier information in real-time and will increase your ability to find and work with suppliers.
Supplier Performance Mgmt ───────────────────── |
8Manage provides qualification management for new suppliers and performance management for existing suppliers. The following information for each supplier is updated and displayed when each transaction occurs.
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Product Info Mgmt |
8Manage provides the following basic and advanced product management features to manage supplier products |
eProcurement Process ────────────────────────────────
8Manage supports procurement plan, material plan and ad-hoc based eProcurements. 8Manage allows the business or procurement department to construct purchase plans and purchase orders can be generated automatically from the purchase plan or manually on the fly. 8Manage also manages pick-pack-and-ship, delivery and return as well as keeps track of invoices and payments. The whole process has strong finance connectivity and purchase orders are link to the budget, invoices are linked to account payable and payments are linked to the actual expenditure of the department.
Purchase Plan Mgmt ────────────────────── |
Using 8Manage, different departments can formulate different plans for their different spending categories for purchases. Benchmark Price
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eTender Process ──────────────────────── |
8Manage provides an effective framework for creating plans and strategies for different types of tenders. It supports the end-to-end process of eTendering and tracks the following. |
Procurement Contract Mgmt |
8Manage supports the entire procurement process from purchase requisition to payment. Supplier Relationship Mgmt ─────────────────────────────── Supplier relationships can be convoluted and multi-dimensional (business, financial, legal, technical, product-related, service oriented). |
8Manage eSourcing