Track and manage asset procurement activities from a single dashboard in Hardware Asset Workspace
foreign [Music] hi everyone it's piyush here to give you a look at the procurement module in Hardware asset workspace glad you could join us lots of exciting Innovations in Utah release and staying on workspace team you saw the introduction of Hardware asset workspace in San Diego with the Tokyo release we added contract renewal along with the content portal what I'd like to dive into is the procurement enhancements to Hardware asset workspace in Utah as you might have seen before there are multiple views within the hardware asset workspace that provide you with visibility into all the different aspects of your it Hardware assets and Casey our item admin has been using these capabilities to manage our assets inventory life cycle Model Management and look up content from a single workspace in the Utah release we expanded this control center to Now cover procurement because procurement has been historically a very sticky and challenging process with multiple different tools this is a game changer for Casey because the procurement module in Hardware asset workspace enables her to track and manage Hardware procurement activities from a single dashboard here she has access to important actions such as open requests pending purchase orders and transfer orders and sourcing requests that need manager approval under procurement overview different reports are highlighted that are critical to procurement business Casey can view the chart details based on the location or stockroom things like how many purchase orders are pending delivery who are my top vendors and how much are we spending with these vendors we understand that most organizations do procurement in another system but from an asset management perspective having this data when assets are procured is critical using our out of the box procurement Integrations or building a new integration we can help populate this dashboard moving down to sourcing requests these are requests for which a purchase local or transfer order hasn't been initiated with recent supply chain challenges many companies have been struggling to know what they have and in many cases purchase everything that gets requested now there is an interface where they can decide if they want to consume the open request from a local start transfer it from another Warehouse or purchase it from a vendor this is a real game changer for Casey because she no longer has to depend on another team or data from Legacy procurement system to stay on top of procurement tasks and deliver Services quickly
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