Global Food and Beverage (F&B) Leader selects Zycus’ suite solutions to support its procurement transformation
PRINCETON, N.J.–(BUSINESS WIRE)–Zycus, the leading source-to-pay procurement solutions provider,
announced today that a world leader in biscuits, chocolate, gum, candy
and powdered beverages with billion-dollar brands, has selected Zycus’
Strategic Sourcing Suite of procurement
solutions to help enable their global procurement transformation. The
modules to be implemented include eSourcing, Contract Management,
Supplier Management and Project Management.
As a part of its’ 2014-2018 Restructuring Program, the American
multinational confectionery was looking to further automate and
streamline its current procurement processes and improve how it manages
complex global sourcing. The aim of the restructuring program is to
reduce the company’s operating cost structure in both supply chain and
overhead costs.
With presence in over 160 countries, the food and beverage conglomerate
needed a modern, high-performance, state-of-the-art procurement solution
which could be easily deployed, accessed and adopted by their
procurement and sourcing team members working in all locations. In
addition, the solution needed to provide visibility, efficiently manage
information, and measure and track both performance and compliance of
its vast supplier base.
“Since global usage, multi-lingual support and high-speed performance
were critical factors for us, we challenged the procurement software
vendors under evaluation to prove their capabilities and effectiveness
in key geographic locations. The Zycus software suite clearly stood
apart and met the majority of well with our requirements. We found the
Zycus strategic sourcing suite to be function-rich with powerful
analytic capabilities and yet very easy to use. This coupled with our
plan for onsite, personalized training for each geographical-spend area
will ensure a high user adoption globally which is key to the success of
this initiative.” said the project lead.
An integrated mature solution suite on a single platform, easy-to-use,
compliance on global sourcing, highly rated support, multi-lingual
capabilities and buy-in from our geographically dispersed sourcing teams
and legal group were the key reasons for its selection.
The project lead further added, “With this implementation, our recently
reorganized global procurement teams, across the five geographical –
spends areas, will be aligned, have a single view of the vast supplier
base, leverage the collective buying power and manage compliance
efficiently. Also, Zycus team has been very responsive and has given us
a keen listening to our feedback and suggestions on the product.”
The implementation will be done in multiple phases. The first phase will
go-live in four months. The system will have over 100 users per product
module. A global consulting firm is also part of this initiative and
will collaboratively work to re-structure the complex business processes
and assist in the global procurement roll out and high user adoption.
“Zycus is making major inroads into the Food and Beverage industry. We
are delighted to partner with one of the world’s largest snacks
companies, in its journey of procurement and supply
chain transformation. Designed for global usage with multi-lingual
support, our upstream procurement solution suite will deliver manifold
benefits. Among them are, reduced sourcing cycle time, greater savings,
faster ROI, performance measurement and reduced supply chain risks. The
global procurement team will have a unified view of all the suppliers
and contracts on a single platform. They will be able to efficiently
manage their supplier relationships and compliance globally,” said Zycus
CEO and founder Aatish Dedhia.
About Zycus
Zycus is a leading global provider of procurement solutions suite across
the source-to-pay and procure-to-pay cycles. Our product portfolio
includes applications for strategic
procurement– Spend Analysis, eSourcing, Contract Management,
Supplier Management and Financial Savings Management and operational
procurement-eProcurement, eInvoicing. Our spirit of innovation and
our passion to help procurement create greater business impact is
reflected among the hundreds of procurement solution deployments that we
have undertaken over the years. We are proud to have as our clients,
some of the best-of-breed companies across verticals like Manufacturing,
Automotive, Banking and Finance, Oil and Gas, Food Processing,
Electronics, Telecommunications, Chemicals, Health and Pharma, Education
and more.
To learn more about the Zycus, address e-mail to information@zycus.com
or visit http://www.zycus.com/
Contacts
Press:
Priyanka Potdukhe
Manager- Public Relations,
Zycus Inc.
priyanka.potdukhe@zycus.com
Direct:
1 866-563-9219
Stay in touch –
Twitter – @Zycus
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The
Procurement Blog – http://www.zycus.com/blog/
