At Zycus we are always up to keeping our readers well-informed with the procurement updates from our end. Be it improving our solutions, or working towards making procurement easy for our customers, we like to share it all. Every once a while, you may spot us at an industry event discussing about the new procurement trends. And if you are at your desk, you can join one of our webinars. Whatever we are up to, you will see it all here. For any media-related inquiries drop us a mail at
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Supply Management: Procurement performance worsens on key indicators

Supply Management: Procurement performance worsens on key indicators

A global study of more than 400 buyers by Zycus, said while the past four years have seen steadily rising performance benchmarks for procurement, this year’s study shows they have fallen back virtually across the board.

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Forrester: B2B eCommerce Sites Must Look Beyond

Forrester: B2B eCommerce Sites Must Look Beyond "Rogue" Buyers

If you’re trying to use e-commerce in a B2B context, it is no longer safe to ignore the procurement role within your customers’ organization. At the moment you may be able to market and sell successfully direct to end-user customers, but not for long.

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Buyersmeetingpoint: Webinar Notes: The Pulse of Procurement 2015

Buyersmeetingpoint: Webinar Notes: The Pulse of Procurement 2015

These notes are from an August 25th webinar hosted by Sourcing Industry Group and presented by Zycus. The two speakers were Ian Hinke, Vice President of Sourcing and Vendor Management at PHH Mortgage, and Richard Waugh, Vice President of Corporate Development at Zycus.

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Spend Matters: Procurement Transformation using Kotter’s 8-Step Change Process

Spend Matters: Procurement Transformation using Kotter’s 8-Step Change Process

In the rapidly evolving modern era, every organization understands that the mantra of long-term success can be summed up in the words “evolve or die.” However, even though every organization wants to innovate, no individual wants to change, at least not unless they are between a rock and a hard place.

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LinkedIn Pulse: Low Cost Suppliers: Blessing or Nightmare?

LinkedIn Pulse: Low Cost Suppliers: Blessing or Nightmare?

It all began about 20 years ago. Someone in procurement discovered the Holy Grail of cost avoidance by purchasing from suppliers all over the world. On the surface, it all looked very good.

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PYMNTS.com: How CPOs Achieve Savings In A Less Frugal Economy

PYMNTS.com: How CPOs Achieve Savings In A Less Frugal Economy

As the economy improves, analysts are watching corporations become a bit less conservative in their spending, choosing to focus on growth rather than cutting costs. But cost savings priorities haven’t fallen by the wayside.

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Quora: How Procurement and Marketing can Collaborate Successfully

Quora: How Procurement and Marketing can Collaborate Successfully

While it may seem that Procurement and Marketing live on two different planets within an organization, they actually have something in common: Traditional wisdom sees them as “cost centers” rather than revenue centers.

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SIG: Procurement for Banking: Adjusting to the New Norm

SIG: Procurement for Banking: Adjusting to the New Norm

After a period of immense volatility, the banking sector appears to be reaching some level of normalcy. The financial crisis of 2008 was the trigger for drastic changes in the way the industry manages spend.

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EBN Online: EBN@C-Level: Talking with AMD's Garry Christie About Indirect Procurement

EBN Online: EBN@C-Level: Talking with AMD's Garry Christie About Indirect Procurement

With the advent of new technologies such as big data and analytics, leading electronics companies are searching for ways to leverage information to maximize spend and make the most of budget. It's no easy task, but it can be done.

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Spend Matters: Lessons From the Bagel Man to Tackle Procurement Fraud

Spend Matters: Lessons From the Bagel Man to Tackle Procurement Fraud

In the year 1984, Paul F. decided to make a radical career transition from heading a public research group to selling bagels at corporate offices. He devised a unique “honor system” where he would leave bagels and a cash basket in company cafeterias in the morning and return in the evening to collect the payments.

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