Sourcing automation increases savings and enables quick return on investment!
Three Steps to Better eSourcing with Zycus!
Zycus offers an easy-to-use eSourcing solution that facilitates sourcing automation, increases savings, and enables quick return on investment. It allows you to source both simple and complex categories effortlessly. With its advanced sourcing optimization features, it enhances the sourcing performance as it:
- Reduces sourcing cycle time
- Provides better visibility into Savings and control on Total Cost of Ownership
- Easies process to source simple and complex categories
- Makes the supply chain agile with minimal risks
- Improves collaboration and buy-in from users and quality controllers
- Easy drag and drop RFx authoring
- Comprehensive cost modeling
- Ability to handle 10000+ line items per event
- Collaborative scoring and approval workflows
- Automated supplier ranking
- Interactive ‘what-if’ evaluation
- e-Auction with live monitoring
- Comprehensive bid analysis with in-built bid optimization scenariosion with live monitoring
- Easy-to-use, single page RFx creation with Quick Source
- Classic two-envelope bidding to avoid buyer-seller collusion and promote fair evaluation
- Initiate contract creation during response analysis
Complex sourcing events are a combination of a large number of suppliers/bidders, bids, bids on different parts of the total spend (bundled bids), tiered bids (volume discounts), specifications, business rules (scenarios or constraints), and locations to be served.
Zycus’ iLogix is an advanced sourcing optimization tool that helps conduct large-scale sourcing events. Apart from the easy creation of 60000+ lanes and collecting responses from over 250 suppliers in an event in real-time, it also offers various bid optimization scenarios and ‘what if?’ analysis.