Lime Associates Brings Zycus eSourcing to Specialty Medical Procurement

PRINCETON, N.J. January 26, 2011 – Zycus, a world leader in Spend Management Solutions, announced today that Lime Associates has adopted its eSourcing Solution.

The U.K.-based Lime Associates is a best-practice procurement and supply chain consultancy with particular expertise in the heavily regulated medical industry, supporting clients across Europe, the Middle East, Asia, North America, and other regions. Lime’s core consultants have 60+ years worth of medical industry sourcing and spend management experience and specialize in such areas as sourcing strategy development, low-cost sourcing, project management, savings opportunity identification and execution, contract development, supplier rationalization, supplier negotiation, process improvement, lean, procurement training, and more.

“We always respond to our clients’ needs,” says James Cooper, Senior Purchasing Consultant at Lime. “When market or other conditions warrant, we may run eSourcing events on their behalf. There is always resistance from some sections of the supply base, so it’s important that the tools we use in our practice always underscore our expertise and professionalism with both customers and suppliers.”

“We were familiar with the Zycus eSourcing Solution, having used it whilst working with a previous employer,” Cooper continues. “We knew the Zycus team would be incredibly responsive to our needs and that the solution would empower us to generate sustainable maximum benefits for our clients whilst ensuring the supply base remains positive about how the tools benefit them as well.”

“Sourcing for companies that make medical equipment and supplies is a highly specialized discipline,” observes Anurag Dixit, Vice President of Marketing at Zycus. “Practitioners must always account for a complex set of technical, regulatory, process, and performance-based requirements. We are delighted to know that our eSourcing Solution is up to the task of delivering maximum benefits to companies operating in such a complex environment for procurement and sourcing.”