Скачать или смотреть Why digital procurement solution beats ERP? | Time to move from ERP to Strategic Sourcing Software

We have often come across many customers who ask, why do we even need to consider a strategic sourcing solution when our existing ERP is capable of handling basic purchasing needs. With all the data about spend, suppliers, specifications, and inventory, available in your ERP, it is natural to think that sourcing and procurement is a natural extension of your ERP system. But the truth is it rarely works that way in practice.

We all do agree that ERP systems are absolutely critical for achieving business process efficiency goals and for coordination between business functions. One of the main advantages of an ERP is its capability to integrate all business functions in a single platform including Finance, HR, Customer Relations, Supply Chain Management, etc. But, does one size fit all? How good are the features in an ERP when it comes to handling certain business functions in-depth? Sourcing and Procurement is probably one area that often requires a lot of depth and demands functionalities beyond what is available in a typical ERP system. Especially in the current context where Supply Chains have become disrupted and enterprises are looking to stabilize and grow in a very challenging environment.

In this video, we explore how a procurement ERP module differs from a best-of-breed sourcing and procurement solution and why you need to go for a procurement solution when you already have an ERP.

To know more - https://merlinsourcing.com/

To Subscribe, Click on: https://bit.ly/3dQRNeF _____________________________________________________________________________________

Stay Tuned and Follow us on:

● LinkedIn － https://bit.ly/2PoUPNO
● Twitter － https://bit.ly/3nnEvtg
● Instagram － https://bit.ly/3nqXaEo

Please send your feedback or questions to [email protected].
Contact us to know more about our MeRLIN Sourcing at https://merlinsourcing.com/

00:00 Introduction
00:05 We already have an ERP (Enterprise Resource Planning) system, how can we get additional benefits or what is the need for implementing exclusive Strategic Sourcing and Procurement solutions?
00:31 How is an ERP different from a Sourcing and Procurement Solution?
00:40 Features lacking in ERP compared to Sourcing Solution– Spend Management to an extent, Saving Management and Category Management.
01:10 Challenges faced while using an ERP system – change in regulations, the process in terms of compliances, they are complex, more deployment cycle leading to loss of interest in the product among the people.

#DigitalTransformationProcurement #StrategicSourcingandProcurement #ProcurementDigitalization #SupplierOnboardingSoftware #SourcingToolsforProcurement #ProcurementAutomationSoftware #DirectProcurementSoftware #DirectSourcingSystems #ProcurementDigitization #DirectSourcingSolutions #ProcurementandSupplyChainManagement #DigitalProcurement #ProcurementSavings #ProcurementCostSavings
#SpendManagement #CategoryManagement #SavingAnalysis #SupplierLifecycleManagement #DeploymentCycle #Procurement #StrategicSourcingSolutions #StrategicSourcingSoftware #ERPSystem #ProcurementSolution #ERPModule #SupplyChain #SupplyChainManagement #Suppliers #SourcingandProcurement
#SourcingandProcurementSoftware #SourcingandProcurement