PRINCETON, N.J., March 7, 2013 – Zycus, a world leader in Procurement Technology Solutions, announced today that FCI has selected and will soon implement its iSource e-Sourcing solution.

Headquartered in Singapore and with operations in China, India, Malaysia, Singapore, Europe and the Americas, FCI is a global innovator and manufacturer of electronic connectors for communications, data/storage, consumer electronics, industrial instrumentation, medical, automotive and renewable energy end markets. FCI holds a portfolio of patents and states that “Innovation is a key element of our strategy and an important distinguishing feature of our products and solutions.”

FCI conducts high volumes of both complex and simple competitive sourcing events and has been seeking an easy-to-use solution to deliver dramatic reductions in process cycle times as well as competitive improvements to sourcing event outcomes.

“We operate in a highly competitive global industry where innovation and speed are everything,” says C. G. Muralidharan, Senior Regional Manager with FCI. “We believe iSource will help us to advance FCI’s strategic business objectives by increasing our bandwidth as a sourcing organization and enabling greater collaboration among our internal functions across the various worldwide manufacturing locations”

“The iSource solution makes it very easy to solicit input from all the right people in discrete ways without overburdening them and distracting from strategic business objectives,” observes Zycus’ CEO Aatish Dedhia, “For companies such as FCI which compete on speed, innovation and cost effectiveness, this can be a great source of global competitive differentiation.”