What Does Digital Purchasing Include?
Although purchasing is seen as a cost-oriented transaction for a company in terms of expenses, in fact, profitability comes to the fore in the entire business. Reducing costs in purchasing is important for the company's profitability and efficiency. With today's technology, it is possible to track expenses, data and everything numerical. It becomes possible to analyze not only numerical data but also everything else by creating a database with the information obtained.
Although Turkey is slightly behind European countries in the digitalization process, technology companies that are the pioneers of digital transformation are accelerating this process. If we consider the purchasing and supply process as a whole, digital applications stand out as the most important parts of this process. A holistic approach is determined by the software used. From orders with suppliers to approvals received from purchasing managers, all are completed through these technological systems. E-procurement essentially refers to digital purchasing itself. Digital is needed to ensure tracking and visibility of daily work, increase efficiency and obtain needed materials more easily.
According to a survey of more than 200 participants in 20 countries; It turns out that the rate of digitalization in companies is increasing. It is observed that the use of digital will increase in the implementation of technological solutions and in the strategic steps of purchasing processes. It is among the results of the survey that there is an orientation not only to a certain technology but also to different technology opportunities.
The most common areas of use are;
- Dynamic tables of performance indicators,
- Automatic data cleaning processes,
- Graphing and visualizing expenditure data,
- A 360 degree vision proposition,
- Automation of all payment and after-sales processes,
- Automation systems for issues such as re-entry-approval-cancellation of data,
- Automatic reporting, reminders, supplier performance tracking,
- Real-time order tracking,
- Web-based access and cloud-based systems,
- Evaluating suppliers,
- Automatic order creation, request approval and authorization processes,
Digital purchasing is used in many areas such as.
What kind of convenience does digital purchasing provide?
The most obvious convenience of digital purchasing is automated systems. With the elimination of manual processes, progress can be made in a more systematic way. It is useful in increasing the speed of supply transformations. It is also ideal for catching and discovering innovations. It facilitates efforts to reduce costs. By collecting data on a single screen, purchasing managers can identify things that increase costs and create a strategy accordingly. Daily activities are made simpler.
Cost control and auditing systems help you make more accurate choices regarding cost decisions. Cloud-based systems allow you to access your data from anywhere. Thus, you can easily access your data from anywhere you have internet. Software that allows you to easily track your progress helps you save money.
Negotiations with suppliers may be difficult. You are the strong party when negotiating digital purchasing. You can easily see the best offer through the system and choose the most suitable supplier.
A single software with which you can manage your requests, offers, orders, deliveries and warehouse can enable you to work in a more coordinated manner. You can keep your supplier list, material card and projects up to date. You can create as many orders and offers as you want without being limited to paper documents. You can get rid of borders and keep your data safe. With the authorization system, everyone in your unit can take action within their own authority and have their own screens. YoneTeam provides these for you in a single software. With YoneTeam , you can carry out your purchasing and supply processes in the best possible way. You can choose either for rent or for sale. You, too, can keep up with the speed of the digital transformation process in procurement.
