IMI partners with Zycus to transform its sourcing and eProcurement processes

Birmingham, England IMI plc (LSE: IMI), a leading global engineering company headquartered in Birmingham, England, signs a multi-year contract with Zycus, the pioneer in Cognitive Procurement software suite to transform its sourcing and eProcurement processes.

IMI, with an annual turnover of approx. $2.5 billion and 10,000+ employees in 50+ countries, was keen to transition from its existing manual processes and ERP landscape to next-gen procurement technology with Zycus.

“At IMI, we believe in our purpose to provide “Breakthrough Engineering for a better world.” Zycus will be a key partner in our journey to create efficiencies and deliver continuous growth through solving customer and society problems.” -Edward Harrap, Group Procurement Project Manager, IMI Plc

IMI’s main goal was to improve overall productivity and business efficiency by centralizing indirect spend. Zycus’ iSource will facilitate sourcing automation, increase savings, and enable quick return on investment. Furthermore, Zycus’ eProc solution will improve efficiency and effectiveness across catalog, requisition, and purchase order management functions.

“Zycus is delighted to support IMI in their goal to deliver sustainable, customer-focused solutions to their employees, suppliers, wider communities, and the environment.” -Chiranjib Guha, Chief Customer Officer, APAC EMEA..