DPW Amsterdam 2025 | Q&A | Stuck with two bad choices
Автор: LightSource
Загружено: 2026-01-23
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Описание:
In this clip, LightSource CEO Spencer Penn explains the frustrating disconnect between engineering and finance teams during the manufacturing process. He describes how the engineering team works upstream using PLM (Product Lifecycle Management) as their system of record for specs and designs. Meanwhile, the finance team works downstream using ERP (Enterprise Resource Planning) as their system of record. This leaves a massive gap in the middle where procurement professionals are often forced to choose between two inadequate options: relying on manual spreadsheets or trying to force a legacy indirect procurement tool to handle direct materials.
Key discussion points:
• Upstream engineering: The engineering team uses PLM to store technical specifications, requirements, and CAD designs.
• Downstream finance: The finance and manufacturing teams rely on ERP as their primary system of record.
• The missing link: There is a significant lack of specialized software to manage the 30 billion dollars of spend that sits between these two systems.
• Flawed alternatives: Teams often resort to the "devil they know" in Excel and email or attempt to fit a "square peg into a round hole" with legacy Source to Pay solutions.
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