Zycus & ISM to aid Procurement pros design a Procurement Transformation Program

PRINCETON, N.J., AUGUST 6, 2013- Zycus, a world leader in Procurement Technology Solutions is co-hosting a web seminar with Institute of Supply management (ISM) focusing on the topic of procurement transformation practices. The web seminar is titled ‘Built to Last: Designing a Procurement Transformation Program for Best-in-Class Performance.’ It will address ways to combat various challenges faced by the CPOs. Despite much effort and often, heavy investment in procurement, it continues to face many challenges, like the following:

• Compliance and Spend visibility remains below optimal
• Economic situation often throws procurement back to short-term savings machine
• Innovation and Sustainability of procurement processes continues to be a concern for CPOs

In this webinar, Ardent Partners will share a ‘new research’ designed to help procurement organizations develop a transformation “blueprint” – a holistic view of the source-to-settle process and the underlying architecture required to support sustainable business process improvement. The guests will get to hear about the three distinct ‘CPO Paths’ to a successful procurement transformation.

The speakers Andrew Bartolini,Managing Partner and Chief Research Officer, Ardent Partners along with Matthew Mehalick, Director of Strategic Sourcing, Celgene Corp. and Richard Waugh,VP of Corporate Development, Zycus will share their insights on “Procurement Transformation” and how it has become a common theme for the strategy among Chief Procurement Officers (CPOs) looking for an advantage in an increasingly competitive market.

This webinar will also feature- a case study from a major global pharmaceutical company that has found the right formula for blending people, processes, and technology to achieve a world-class performance benchmark.

This, one of its kind event will be held at 2pm EST on Tuesday, 13 August, 2013. The event will also feature live interaction with speakers, so guests are encouraged to prepare their questions for Andrew Bartolini, Matthew Mehalick and Richard Waugh.