Welcome to the SIMUFORM^® BLOG

Users often wonder what is meant by geometric similarity search, how it works, and where it can be applied. Perhaps we will be able to answer some of these questions here.

Digitalization and automation in purchasing, Media discontinuities in the information flow, organization of procurement processes, Big Data, etc. are current terms that management levels of industrial companies are dealing with. But how can set goals be achieved with the implementation of the Industry 4.0 era? There are a variety of possibilities and ways. Where does one start? How and where can one get support? What does one prefer to do oneself? How do we ensure the sustainability of the processes? How does it ultimately benefit purchasing? After all, the data gained only becomes really valuable and useful when we can evaluate it in a targeted and case-related manner. If we sort and condense the enormous amounts of data and information, we obtain a basis on which purchasing can then make decisions more quickly and, above all, in a more targeted manner.

The following article illustrates how important the avoidance of media discontinuities between technology and purchasing, technological know-how, and the internal and external networking of departments will be in the future. Digitalization represents a huge opportunity for purchasing to improve proven processes, even if current processes are still "old school".

Optimizing cost calculations and processing inquiries faster are essential factors that determine success or failure.

Initial situation: painstaking detail work

Recently, we were allowed to watch how incoming customer inquiries are processed in a metal processing company. From our observations, we wanted to develop recommendations for the team management to speed up the processes, because the response times were simply too long. By the time the quotes were submitted, it was usually too late and the requests were piling up...