The Business Need for Strategic Sourcing Solution

What happens if your sourcing events are not managed well?

  • Your business may miss out on the best suitable supplier.
  • Your overall productivity and business efficiency may suffer on account of the very long sourcing cycle time.
  • Your business may witness a plummet in cost savings.

With Zycus' robust strategic sourcing module, iSource™ ,you will not have to worry about these. Our eSourcing solution provides you with the ability to source both simple and complex categories with ease.

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How We Help You

We start by listening to your needs.

We then configure and empower our eSourcing solution to meet your specific procurement objectives, so that you gain the power to influence business performance through:

  • Sourcing cycles that are shorter by 5 - 15%
  • Instant visibility into savings and event statistics
  • Decisions that are fact-and market-driven
  • Ability to handle large-scale sourcing projects with increased stakeholder participation
  • Agile supply chain with minimal risks of varied kinds
  • Better collaboration and buy-in from users and quality controllers
  • Faster ROI due to reduced training needs and better adoption

To have a look at our product, view demo

eSourcing Software Features

iSource™

It helps you source better by providing:

  • Drag-and-drop functionality for RFX creation
  • 'Flexi Price-Builder’ to flip your pricing tables from Ms Excel into the module while drafting RFXs
  • Mapping & export support for non-price decision factors
  • Scalability for 10,000+ line items and 200+ suppliers in a single sourcing event
  • Multi configuration settings in eAuction – Bid Display, Tie Prevention & Minimum Bid Decrement
  • An in-built platform to identify key suppliers for negotiation and to register the savings achieved after every round of negotiation
  • Interactive what-if evaluation and automated supplier ranking
  • Approval workflow triggered for all events based on various business policies of an organization
  • Ability to flip the pricing & non-pricing information along with attachments from the sourcing event into a contract

To read more about the tool features, download Brochure

Customer Success Stories

Find out how we have helped our customers source better and improve other performance metrics associated with managing and executing sourcing projects.

“We were looking for sourcing events that were a larger scale and Zycus had the ability to meet that need as well.”- Rockwell Automation

 

Browse through the customer case studies:

Making Purchase Management Easy for The MENTOR Network

Making Purchase Management Easy for The MENTOR Network

 We had a chance to converse with Scott Fitzgerald, Director of Procurement, The MENTOR Network. Our c...

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Driving Value Through Sourcing and Contract Management at Emirates NBD

Driving Value Through Sourcing and Contract Management at Emirates NBD

We had a chance to converse with Abdullatif Albastaki, Chief Procurement Officer of Emirates NBD. Our c...

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Driving the Spend Analytics Transformation at Cargill

Driving the Spend Analytics Transformation at Cargill

 A global agricultural company with 75 business units, Cargill had a tough time understanding what the...

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Strategic Sourcing Resources

“Ideas are the source of all things.” ― Plato

We believe in creating value through knowledge sharing in the domain of procurement. From research reports to whitepapers to webinars, we invite you to visit our knowledge hub to read about and listen to a wide range of trending strategic sourcing topics.

 

The 7 Keys to Better Sourcing and Supplier

The 7 Keys to Better Sourcing and Supplier
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The Why, What and How of Strategic Sourcing  

The Why, What and How of Strategic Sourcing                                                           
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