How to mitigate currency fluctuation risk

List of Contents of this article:

• 1,How to mitigate currency fluctuation risk What benefits does the electronic procurement system bring
• 2, Which company's procurement system is easy to use?
• 3, What are the main functions of the procurement management system?
• 4, What are the supply chain procurement platforms

What benefits does the electronic procurement system bring

1. The electronic procurement system can realize the seamless docking of different business processes, The time and energy of the staff are completely freed from the tedious transactional work, so that they pay more attention to the most necessary management work and improve work efficiency. Increase the control of procurement costs and reduce the operating costs of enterprises.

2. Supplier management is more standardized: The electronic procurement system can better manage supplier information, including supplier evaluation, contract management, etc., so as to improve the efficiency and quality of supplier management.

3. Reducing procurement expenses by 10% will bring about a 50% increase in profit margins.80% of purchase orders usually account for only 20% of all expenses. The purchase unit price of M**erick buying (or indirect non-contractual purchasing) is usually equal to the retail price, which may account for 30% to 45% of the total indirect expenses.

Which company's procurement system is easy to use?

Our company is now using Jingu Video Conference, which feels good to use. The after-sales service is also good. For details, you can search the Jingu video conference on Baidu. Our company has been using it for two years, and it also gives us free upgrades. The later free maintenance time is up to 10 years.

Jindie and Zhibang International are both well-known manufacturers of enterprise management software. There is no best management software, only the most suitable one, which can meet the needs of the company is the best, and it is also cost-effective. Which one is better, Jindie or Zhibang International? Try it for free before buying.

If it is a fast-moving consumer goods industry, it is recommended to use the Huihui ERP system, which is suitable for fast-moving consumer goods dealers and enterprises. There are no hidden routines, and all functions including upgrade functions can be used. It is super cost-effective. After purchase, unlimited ports can be opened at will, which can cover all employees and upstream and downstream.Gold service team, multi-to-one service, so that digitalization is no longer high-threshold and high investment.

TradeGecko - TradeGecko is a procurement order management system for small and medium-sized enterprises, which can help enterprises manage processes such as orders, inventory, procurement and delivery. Odoo - Odoo is an open source purchase order management system that provides functions such as inventory management, procurement management and sales management.

What are the main functions of the procurement management system?

1. Purchase application, procurement order, feed inspection and other functions. Procurement application: Employees can submit procurement requirements and fill in relevant information to facilitate follow-up processing and approval. Purchase order: rootGenerate orders according to the audited purchase requirements, communicate with suppliers, negotiate prices and delivery conditions and other matters.

2. The six functional modules of the procurement management system include: supplier management module: including supplier registration, certification, classification, performance evaluation, risk monitoring, elimination, etc., covering the whole life cycle management of suppliers.

3. Take the 8Manage SRM procurement management system as an example, its main functions include but are not limited to the following: Supplier management: The system can help you establish and maintain the supplier database, including basic supplier information, cooperation agreement, quality evaluation, performance evaluation, etc.

4. Sales module function: sales. It is the basis of the sales module, which is used to help decision-makers manage sales business. Its main functions include quota management, sales force management and geographical management.On-site sales management.

5. In view of the procurement pain points, we should use the technology of the Internet to realize organizational and business collaboration, create a new one-stop procurement management model, and make the collaboration between departments and enterprises more flexible, seamless and integrated, so that our enterprises can Change to the procurement management mode in the new era.

What are the supply chain procurement platforms

Feiniu.com: It provides more than 1 million kinds of MRO industrial product procurement services, covering metal tools, electrical equipment, tool measurement and safety protection and other fields.

Alibaba collection platform: Alibaba is one of the largest B2B e-commerce platforms in China. Its collection platform allows buyers and suppliers to communicate and negotiate directly to achieve fast procurement and sales.

At present, common b2c retail e-commerce platforms such as Taobao, JD.com and Pinduoduo are aimed at small purchases of small items, which are suitable for personal retail procurement, not for enterprise large-scale procurement. Since the strategic spring breeze of "double creation" blew all over the country in 2014, various start-ups led by the Internet industry have sprung up like bamboo shoots.

Globalsources (globalsources.com): Asia's leading B2B e-commerce platform, mainly serving global buyers and Chinese manufacturers, providing a full range of trade services such as procurement, supply chain, exhibition and marketing.