Consumer Packaged Goods (CPG)
|Procurement Solutions for Consumer Packaged Goods (CPG) industry|
Global market conditions for consumer packaged goods (CPG) companies could not be more demanding. But, if the challenges for CPG companies are numerous, so are the opportunities for their procurement and supply management teams to affect business performance in positive ways. Zycus is here to help. We offer customized solutions that are highly attuned to the CPG industry's unique requirements and challenges.
Procurement Performance Impact
360-degree spend visibility and intelligent sourcing gives CPG industry procurement teams enormous power to maintain cost competitiveness, increase profitability, minimize exposure to risk, accelerate cash flow, reduce supply-chain complexity and source more globally in support of both innovation and new-market penetration opportunities.
Disciplined and thorough Contract and Supplier management solutions empower CPG industry procurement teams to affect such business performance levers as product quality, safety and compliance to CPSC, FPLA, FCPA and other regulatory statutes as well as sustainable packaging initiatives. The solutions enable CPG companies to collaborate closely with suppliers - regardless of global location - to continually improve performance and remove risk from supply chains.
|How Zycus Solution Can Help
With its patented AI-powered classification engine that learns spend-data idiosyncrasies for entire industries such as CPG, Zycus offers both standard and custom spend taxonomies that can be leveraged to accelerate analysis and drive classification accuracy across all categories to 90% and beyond. The complete Zycus Spend Analysis solution empowers (iAnalyze, iCost) CPG companies to:
The Zycus e-Sourcing solution (iSource) is built for speed and scalability. The translates into reduction in sourcing cycle times and further enables CPG companies to:
With its unique blend of supplier information management (iSupplier), performance management and collaborative performance improvement capabilities (iPerform), the Zycus Supplier Management solution is a perfect fit for the CPG industry where a wide variety of regulatory compliance and supplier information tracking requirements leaves little room for error. The solution enables procurement to:
The Zycus Contract Management solution (iContract) minimizes risk exposure in contracts and empowers CPG procurement organizations to: