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Zycus Procurement Blog


Is Purchasing and Procurement the Same? The Name Game

By Jijnyasa Patowarya
1 Comment
Jul 8th, 2019
In this article, you'll learn about the often mistaken meanings of procurement versus purchasing in the supply chain domain. Visit the blog to clear your ideas about these two terms often used interchangeably.
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Your Ultimate Checklist To Implement A Discounting Program

Your Ultimate Checklist to Implement a Discounting Program

By Anam Qamar
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Jul 1st, 2019
Follow this checklist to make your discounting program a success. Find out how Intelligent Dynamic Discounting from Zycus helps you achieve savings goals on time.
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How to Add Enterprise Value with Better Procurement Practices?

By Shivendra Tripathi
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Jun 21st, 2019
The best way for an organization to maintain its bottom line in the time of an economic downturn is through better procurement practices. This can be achieved through a combination of best-in-class procurement automation tool and greater adoption of the same. Intrigued? Learn More-
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AI and ML for Cognitive Procurement in the Value Chain

By aishika bhattacharya
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Jun 17th, 2019
Procurement has migrated to a vast field of technology enabling global teams to strategically drive their supplier relationships with a focus on the total cost of ownership. With state-of-the-art technologies parsing clouds of data, procurement has claimed itself an autonomous entity we’ve named cognitive procurement.
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Making a Business Case for Procurement Automation

By aishika bhattacharya
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Jun 7th, 2019
A Gartner report states that- “By 2023, 40% of I&O teams will use AI-augmented automation in large enterprises, resulting in higher IT productivity.” Where are you placed in making your organization's business case for procurement automation? Need help? Read on-
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6 Successful Purchasing Negotiation Tips for Every Buyer

By aishika bhattacharya
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Jun 4th, 2019
Through trials and tests with various suppliers, you learn a few hacks but what if you are new to the business without a Godfather? For you, we have 6 successful purchasing negotiation tips to aid your success through every deal. Read on-
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Five Precepts to Digital Procurement Transformation

Five Precepts to Digital Procurement Transformation

By aishika bhattacharya
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May 16th, 2019
It is Vesak and the reformative teachings of Buddha have wonderfully held our lives together. Fancy if there were some similar thoughts guiding you toward a digital procurement transformation? You've got them!
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Supplier Performance Evaluation – A Quick Checklist

By Shalaka Desai
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May 13th, 2019
This blog offers guidance for a procurement professional who needs help with creating a successful Supplier Performance Evaluation checklist.
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A 5-Step Process to Effective Supplier Management

A 5-Step Process to Effective Supplier Management

By Bhavesh Shah
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May 13th, 2019
Supplier management in today’s globally competitive and dynamic marketplace requires new strategies and new capabilities. This blog defines a 5-Step process to effective supplier management.
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