|Procurement Solutions for Electronics industry|
Global market conditions for electronics and high tech companies could not be more demanding. But if the challenges are numerous, so are the opportunities for 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 electronics and high tech industry’s unique requirements and challenges.
Procurement Performance Impact
360-degree spend visibility and intelligent sourcing solutions give procurement teams enormous power to maintain cost competitiveness, increase profitability, minimize exposure to risk, accelerate cash flow, and capture innovation from a global base of suppliers.
Disciplined and thorough supplier and contract management solutions empower electronics industry procurement teams to affect such business performance levers as product quality and reliability, production costs and yields, time to market, delivery lead times, cash-to-cash cycle times, regulatory compliance and even brand reputation. The solutions enable electronics companies to collaborate closely with suppliers, regardless of global location, to continually improve performance and remove risk and waste from supply chains.
|How Zycus Solution Can Help
With its patented AI-powered spend-classification engine that learns data idiosyncrasies for entire industries such as electronics, 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 (iAnallyze, iMine) empowers electronics companies to:
The Zycus e-Sourcing solution is built for speed and scalability, collapsing sourcing cycle times and enabling electronics companies to take full advantage of favorable commodity market conditions as they arise and drive to full market pricing transparency. Capable of modeling competitive sourcing events for everything from simple commodities to highly complex bills of materials, subassemblies and services (involving 10,000+ line items and 100+ suppliers), the Zycus e- Sourcing solution (iSource, iManage) enables electronics companies to:
With its unique blend of supplier information management, performance management and collaborative performance improvement capabilities, the Zycus Supplier Management solution (iPerform, iSupplier) enables electronics industry procurement teams to:
The Zycus Contract Management solution (iContract) minimizes risk exposure in contracts and empowers electronics-industry procurement organizations to: