Zycus eSourcing

Zycus eSourcing
Sourcing in an increasingly complex global economy presents challenges that surpass typical
human capabilities for processing information and making the best supplier selection and
business award decisions. The Zycus e-Sourcing Solution empowers procurement professionals to
source both simple and complex categories with ease. They work more cost effectively, run more
competitive sourcing events, and generate higher savings. Zycus e-Sourcing places procurement
at the heart of competitive business performance.
Leading analysts say eSourcing solutions can cut sourcing cycle times in half, reduce
administrative costs by more than 60%, and deliver - on average - 15-45% cost savings per spend
category. Standard features of Zycus’ fully functional — yet easy to use — e-Sourcing Solution
automate all aspects of RFx and e-Auction events
iSource - Easy-to-use sourcing solution for simple and complex categories
Zycus iSource provides simple solutions to challenges at all stages of the sourcing processes like
event modeling, event scheduling and scoring & analytics.
E-SOURCING INNOVATION
With its intense focus on customer-driven innovation and a central mission of positioning
procurement at the heart of competitive business performance, Zycus has added two advanced
modules to its eSourcing Solution,
iOptimize - Advanced bid optimization in three easy steps
Features standard award scenarios such as lowest-cost by item, best one, and best two suppliers
overall. The solution allows addition of multiple constraints - allocation, matching, exclusion, and
others - plus the ability to model custom scenarios.
iManage - A comprehensive sourcing category and project management platform that includes
category-specific project templates, dynamic dashboards, and visual project status reporting.
Key Features
Key Benefits
+ Easy drag and drop RFx authoring
+ Obtain high user adoption
+ Comprehensive cost modeling
+ Ability to model simple as well as complex categories
+ 3,000+ line items per event
+ Increase stakeholder participation in sourcing projects
+ Collaborative scoring and approval workflows
+ Easily compare supplier responses
+ Automated supplier ranking
+ Minimize delays in awarding business
+ Interactive ‘what-if’ evaluation
+ Make fact and market driven sourcing decisions
+ e-Auction with live monitoring
+ Extract maximum value from markets (15-45% greater savings per
sourcing event)
+ Standard and constrained bid optimization
+ Create and compare award scenarios to suit business requirements
+ Comprehensive sourcing project and spend-category
management
+ Shorten sourcing cycle time by 5 - 15%
About Zycus
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. For more than a decade we have
been the world's most trusted leader in Spend Analysis. With our spirit of innovation and a passion to help procurement create even
greater business advantages, we have evolved our portfolio to a full suite of Procurement Performance Solutions comprising of
Spend Analysis, eSourcing, Contract Management, Supplier Management, Procure-to-Pay and Financial Savings Management.
Zycus Inc. 103, Carnegie Center Suite 117, Princeton, NJ 08540
Ph: 609-799-5664
www.zycus.com