Did you know that only about a fifth of sales savings goes to the bottom line and the remainder is consumed by the costs associated with doing business? By contrast, every dollar saved in Procurement goes straight to the bottomline.
Looking at your sourcing function more strategically ensures that you can consistently add value to the business. Adopting Strategic Sourcing increases operating margins, builds brand value and provides a sustainable, long-term contribution to your company’s success at least two to three times greater than the gains realized by simple purchasing automation.
The Global Procurement Software Market in the pre-Covid-19 scenario was expected to expand at a 9.6% CAGR during the forecast period from 2018 to 2023 from a base of $ 5.1 billion to over $ 8 billion as per IDC. Adoption is expected to rapidly accelerate in the post Covid-19 world at a CAGR of almost 20%.
MeRLIN is an integrated solution for Direct & Indirect Sourcing with Supplier Relationship Management, Sourcing Automation and Planning augmented by Advanced Analytics. Simplify your strategic sourcing by bringing together all stakeholders on a single intuitive platform.
Direct Materials Indirect Sourcing RFX Management Auction Management Category Management
Contract Repository Item and Service Master Sourcing Templates Price Lists
Services Procurement Budgeting Award Approvals Purchase Requisitions
Supplier Information Mgmt Supplier Onboarding Risk Management Improvement Plans Supplier-Category-Region Mapping
Program Management Advanced Analytics BOM Analysis Spend and Savings Analytics Purchase Price Variance Analytics
Rapid Implementation and Robust features ensure faster time to value
MeRLIN’s global database and support for multi-currency transactions streamlines global sourcing needs
Get greater control over spend & saving impact of your sourcing decisions, business process and mitigate supply chain risks
Create commodity specific response templates that drive deep automation and transparent decision making
Modular, flexible, configurable and easy to deploy
Eliminate manual activities by automation of processes and approvals as well as supplier quotes reducing time to respond
Cloud and On-Premise
Integrates well with every popular ERP system allowing seamless flow of data