Zycus Supplier Performance Management (SPM) Solution

Zycus Supplier Performance
Management (SPM) Solution
Measure, manage, and
collaborate to drive
consistently high
performance and
continous improvement
in your supply chain
Procurement leaders know there’s only so much value they can deliver by driving down
suppliers’ prices. The key to achieving true global competitiveness for the long term is
developing high performing, lowest-total-cost supply chains.
The Zycus Supplier Performance Management (SPM) Solution simplifies and automates the
work of SPM. The solution enables global collaboration, emphasizes fast and accurate data
collection, and solves a host of other longstanding obstacles to efficient, effective supplier
performance management.
Solution Architecture
Invite suppliers to self evaluate
and/or respond to stakeholder
input on their performance
ERP
Receiving
ERP
Controlled access
for suppliers
QA
Auto data pull
CM
Zycus SPM
Spend
analysis
Controlled access
for stakeholders
Sourcing
•
•
•
•
•
DEFINE
Design KPIs
Set benchmarks
Model ranking system
Create scorecards
Build stakeholder
surveys
Procurement
& Supply Chain
MEASURE
• Pull quantitative data
• Use workflow to
obtain input from
stakeholders and
suppliers
ANALYZE
• Combine with other
sourcing info
• Deploy in sourcing
decisionmaking
• Monitor for problems
and risks
DEVELOP
• Manage corrective
action initiatives
• Monitor and manage
supplier development
activities
Invite stakeholder participation
and access at the KPI and/or
question level
One solution for end-to-end supplier performance management
 Provide collaborative platform for all stakeholders
 Blend quantitative with qualitative inputs
 Integrate with ERP and other systems for auto data feed
 Publish results easily and quickly
 Revise benchmarks as needed
 Customize metrics for different spend categories
 Roll up KPIs to ratings that can be interpreted easily
 Drag and drop to create detailed stakeholder surveys
 Work from scratch, from templates, or from prior KPIs, surveys and evaluation events
 Use workflow management features to obtain timely stakeholder and supplier input
Zycus SPM is easy to use and fully configurable
• Reduce cycle time for supplier performance
measurement; eliminate time spent validating and
defending SPM data
SPM Benefits
• Identify sourcing and supply-base rationalization
opportunities and mitigate related risks
• Detect potential supply risks in operational data—long
before it shows up in suppliers’ financial metrics
• Obtain greater buy-in for strategic supply contracts by
improving stakeholder satisfaction and empowerment
• Deploy SPM data in sourcing strategy development,
event creation, and decision making; make better
decisions that account for total costs of doing business
• Identify opportunities to collaborate with suppliers
to drive continuous performance improvement and
reduce total supply chain costs
The high cost of poor performance
Poor results on just a
single dimension of
supplier performance
could be costing your
enterprise hundreds
of millions each year.
A typical
$3 billion
company
Potential total cost
of poor quality
performance*
$750 million
$525 million
Potential total cost of
poor supplier
quality performance*
*Derived from rules of thumb quoted in Supplier Evaluation and Performance
Excellence by Sherry R. Gordon ©2008
Build an SPM
model from the
ground up or easily
model your
existing supplier
performance
management
system to move to
a high level of
automation,
efficiency and
effectiveness
Includes powerful workflow management features
About Zycus
Zycus is the world’s leading provider of Spend Management
Solutions to Global 1000 companies. The Zycus solutions suite—
comprising Actionable Spend Analysis, eSourcing, Contract
Management, and Supplier Performance Management—combine
cutting-edge technology and domain expertise to enable greater
user adoption and sustainable savings.
Innovation and ease of use are at the core of every Zycus offering. Zycus solutions facilitate greater process planning, control,
and increased corporate alignment of spend management
initiatives. Zycus Spend Management solutions help procurement
departments of Global 1000 companies analyze, plan, and source
through an intuitive and objective-driven process.
With proven spend management deployments across the globe
and with over 100 implementations, Zycus solutions have
emerged as global favorites. Zycus has over 250 employees across
North America, Europe, and Asia Pacific.
NORTH AMERICA
103 Carnegie Center
Suite 117
Princeton, NJ 08540
Tel : +1 609 799 5664
Fax : +1 609 799 6047
© 2010 Zycus Inc.
EUROPE
EPJ Business Center, Suite #418
Mainzer Landstrasse, 27-31
60329 Frankfurt am Main, Germany
Tel : +49 (0) 69 27 4015 251
Fax : +49 (0) 69 27 4015 111
www.zycus.com
ASIA PACIFIC
Building No. 75, Nirlon Complex
Goregaon (East)
Mumbai India 400 063
Tel : +91 22 66407676
Fax : +91 22 26850580
[email protected]