Energy and Utilities
|Procurement Solutions for Energy & Utilities industry|
Global market conditions for energy utilities 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 energy utility industry's unique requirements and challenges.
Procurement Performance Impact
360-degree spend visibility combined with intelligent sourcing can be used to control operating costs, enable prompt discovery of innovative new suppliers and ensure that new utility revenue streams are built for profitability.
Disciplined and thorough supplier and contract management can empower utility procurement teams to deliver exceptionally high and consistent levels of supplier performance and compliance in support of lean and responsive plant and equipment maintenance, high utilization and yield.
|How Zycus Solution Can Help
With its patented AI-powered spend-classification engine that learns data idiosyncrasies for entire industries such as energy utilities, Zycus offers both standard and custom spend taxonomies that can be leveraged to accelerate analysis and drive spend classification accuracy across all categories to 90% and beyond. The complete Zycus Spend Analysis solution (iAnalyze, iCost, iMine) empowers utility companies to:
The Zycus e-Sourcing solution is built for speed, collapsing sourcing cycle times to enable energy utility companies to take full advantage of favorable commodity market conditions as they arise and drive to true market pricing using live e-auctions. Capable of modeling competitive sourcing events for everything from simple commodities to highly complex major subcontracts, the Zycus e-Sourcing solution (iSource) enables utility companies to:
The Zycus Supplier Performance Management solution (iPerform) enables procurement to:
The Zycus Contract Management solution (iContract) minimizes risk exposure in contracts and empowers procurement to: