eSourcing's State of the Art
|Leveraging technology to drive business performance|
|12 Steps to Strategic Sourcing|
Zycus eSourcing Solution
Sourcing in an increasingly complex global economy presents challenges that surpass typical human capabilities for processing information and making the best supplier selection and business award decisions. The Zycus eSourcing Solution empowers procurement professionals to source both simple and complex categories with ease. They work more cost effectively, run more competitive sourcing events, make better decisions, and generate higher savings than the competition. Zycus eSourcing places procurement at the heart of competitive business performance management.
eSourcing solutions can cut sourcing cycle times in half, reduce administrative costs by more than 60%, and deliver - on average - 15-45% cost savings per spend category. Standard features of Zycus’ fully functional - yet easy to use - eSourcing Solution iSource automates all aspects of RFx and eAuction event creation, execution, analysis, and business award. Advanced features of the Zycus eSourcing solution drive business performance by introducing,
|Event Scheduling - Cumbersome manual processes often prohibit the ability to extract maximum value from a commodity, procurement organizations must cast the widest possible net, inviting optimal numbers of qualified suppliers to participate in competitive bidding events.
These challenges are answered by Zycus iSource, which
|Scoring and Analytics - It is more difficult to model complex bidding events than score and evaluate supplier proposals and discover optimal business award scenarios.|
The Zycus iSource solution
eSourcing Innovation - Zycus iSource Advanced Features
With its intense focus on customer-driven innovation and a central mission of positioning procurement at the heart of competitive business performance, Zycus has added two advanced modules to its eSourcing Solution:
iOptimize - Advanced bid optimization in three easy steps
Featuring best-practice standard scenarios such as lowest-cost by item, best one, and best two suppliers overall. The solution includes multiple constraint capabilities plus the ability to model custom scenarios as procurement professionals gain familiarity and sophistication with bid outcome optimization.
iManage - A comprehensive sourcing and spend category project management platform
Includes category-specific project templates, dynamic dashboards, and visual project status reporting.