15 Reasons the Catalog is the Soul of Procurement
Zoom on Buy Context Based
Checklists, Inventory, QR Code, Business…
This month we are exploring the 15 reasons the catalog is the soul of procurement. Read the full list here.
Checklists are great for accomplishing necessary tasks, ensuring you never miss a step and keeping track of what parts or supplies are needed for specific situations. With an e-catalog, the critical checklist becomes an instant and integrated part of the procurement process. This feature of the e-catalog allows companies to buy and fulfill their requirements based on the context of the need.
For example, if a supply closet has a standard inventory of items that are always available, but has been neglected lately, any member of the organization can scan a QR code that corresponds with the list in the catalog and reorder all the missing items. The uploaded list to the catalog ensures consistency in the supplies being purchased. It also makes it easy for anyone to participate in procurement and order things as needed rather than waiting for long, complex processes to take place.
At the heart of context-based buying
An Intelligent e-Catalog
Context-based Buying Case Study
Another example of context-based buying is for companies with elements in isolated locations. If a windmill, hundreds of miles from headquarters, alerts the company of a malfunction through the Internet of Things, the company can look up all the parts of the windmill through the catalog. This sends the repair worker out with all the appropriate parts and prevents him from having to make multiple costly visits to the windmill.
The catalog helps cut out superfluous steps and streamlines operations when maintaining routine aspects of business. Buying based on context hastens repetitive procedures and greatly simplifies how procurement affects some parts of the company. When a company knows they will continuously have certain needs, they can anticipate them with an intelligent e-catalog and make procurement that much easier.