Preview

Zycus Highjump Kewill

Powerful Essays
Open Document
Open Document
1960 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Zycus Highjump Kewill
Zycus
Customers like nestle, wells fargo, amd
With the role of procurement evolving from being a tactical function to making a strategic impact on business performance, Zycus’ upstream and downstream procurement software solutions become all the more relevant. Named a ‘Leader’ in the Gartner Magic Quadrant 2013

1) Spend analysis-
Spend Analysis Software Features
AutoClass
It helps you to classify the spend through:
Patented artificial intelligence based automated classification mechanism
Ability to handle cryptic, abbreviated and misspelt data
Scalable engine which provides classification at the speed of 500k line items /hour to 2 million line items /hour
Multiple language support iAnalyze It helps you to analyze the spend through:
Intuitive graphical reporting with ready-to-use spend reports by category, supplier, payment terms, diversity etc.
Power analysis for ad-hoc reporting across multiple dimensions
Savings opportunity pipeline to generate actionable savings from spend reports
User specific dashboards for easy access to relevant information iMine It helps you to find automated savings opportunities through:
Built-in, standard category and supplier based savings strategies
Easy creation of business constraints for data analysis
Creation of addressable spend definitions based on multiple parameters iCost
It helps you to track fluctuating commodity prices
2) Strategic sourcing- iSource It helps you source better by providing:
Drag-and-drop functionality for RFX creation
'Flexi Price-Builder’ to flip your pricing tables from Ms Excel into the module while drafting RFXs
Scalability for 10,000+ line items in a single sourcing event
An in-built platform to identify key suppliers for negotiation and to register the savings achieved after every round of negotiation
Interactive what-if evaluation and automated supplier ranking iManage It simplifies management of sourcing projects through:
Category specific sourcing project templates
Consistent project execution

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Looking the 3rd point of the figure we can analyse the supplier bargaining power. This is also one of…

    • 499 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    case study

    • 458 Words
    • 3 Pages

    If the negotiation doesn't work, the relationship between senior buyer and the vendors might be in trouble…

    • 458 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    The key tasks associated with procurement management planning are determining what items need to be procured, finding the suppliers that could satisfy the requirements, bidding process, and the approval process. These tasks must be completed step by step in the workplace. “The key benefit of this process is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it” (Project Management Institute, 2013, p. 1). When dealing with a similar project, a firm can use historical data to compare and determine what needs to be procured for the project. The potential sellers must be properly identified. This can be easy for firms who have already established a good relationship with their previous suppliers and the projects they deal with are almost similar. Then it would be easier to undergo the bidding and supplier selection process. The bidder who can satisfy the needs of the project will be chosen and the signing of contract follows. An…

    • 1319 Words
    • 4 Pages
    Better Essays
  • Better Essays

    City of Middlevale

    • 1798 Words
    • 8 Pages

    In negotiations there are key stakeholders. These are usually the parties that have the most to gain or lose in the…

    • 1798 Words
    • 8 Pages
    Better Essays
  • Good Essays

    SCM 4351 Notes

    • 2899 Words
    • 12 Pages

    Supplier negotiation-90% of negotiation is in the prep phase. Now we are negotiating the contract, document here is how much we saved…

    • 2899 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Unit 16 P5 M3 D2

    • 2841 Words
    • 9 Pages

    Working closely with suppliers to build long term business relationships based on strict quality and price criteria…

    • 2841 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Ideal, a large hospital buying group, has put their supply contract out for bid, presenting an enormous potential revenue opportunity for O&M if it can undersell its competitors to win the contract. O&M believes that by adopting this new pricing model, Ideal will save money. The challenge lies in convincing Ideal of this, and then gaining their commitment to implement the model. ABP recognizes the customer’s increasing desire to shift logistics responsibilities to suppliers, and as such requires more integration with the customer to achieve efficiency.…

    • 2638 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Red Paper Clip

    • 772 Words
    • 4 Pages

    To encourage you to think about the many everyday opportunities you have to persuade and negotiate with others, and to improve these skills, you are being asked to go out and negotiate a series of five or more trades over the course of two weeks starting with a paperclip and ending with something substantially more valuable. On November 1st you will be asked to submit an analysis of the project accompanied by this negotiation log, which is a record of your five transactions.…

    • 772 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Hines P (1994). Creating World class Suppliers: Unlocking mutual Competitive Advantage. London: Pitman Publishing. 277.…

    • 2817 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Industry analysis

    • 296 Words
    • 1 Page

    The bargaining power of suppliers is medium. The key cost element is wages expenses that rank the second-largest. One of the key departments is the research and development facilities that are significant to respond to fast changing in product demand (Magner, 2015).…

    • 296 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    References: Lee, C. C., & Ou-Yang, C. C. (2008). Development and evaluation of the interactive bidding strategies for a demander and its suppliers in supplier selection auction market. International Journal of Production Research, 46(17), 4827-4848. Doi: 10.1080/00207540701275303…

    • 1504 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.…

    • 7028 Words
    • 29 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Trihji

    • 350 Words
    • 2 Pages

    Sun Microsystems had an extremely tough decision to make in regards to its procurement strategy. They had to decide if they were going to take on an "E-sourcing" or "dynamic bidding" auction-type strategy with making purchases from their suppliers. Taking on this type of procurement strategy would benefit Sun with cost-savings on procurements, but may jeopardize their supplier relationships and quality of inputs for Sun products.…

    • 350 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Accounting Criteria

    • 1083 Words
    • 5 Pages

    Kimmel, P., Weygandt, J., & Kieso, D. (2006). Financial Accounting Tools for Business Decision Making. (4th ed.). Hoboken, NJ: John Wiley & Sons, Inc. Retrieved April 7, 2008, from University of Phoenix, rEsource, ACC300 Web site.…

    • 1083 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    McLean, VA - Corcentric, a leading provider of accounts payable automation and electronic invoicing solutions, will be co-hosting a free 1-hour Webinar with TAPN (which was recently acquired by the Institute of Finance & Management), titled "The Future of Procure to Pay." This Webinar will take place tomorrow, Tuesday, June 24 at 2pm, EST and is designed to illustrate how closely Procurement and AP work together in today's business environment. A collaborative relationship between the two entities is replacing the old practice of working in silos. This collaboration not only helps achieve each department's objectives; it also contributes to the success of the business overall.…

    • 356 Words
    • 2 Pages
    Satisfactory Essays