Zycus Strategic Sourcing Suite Review

Product Snapshot

Product Pricing

Contact vendor directly for pricing information.

Technology

Product is available as a SaaS solution.

Customer Focus

Vendor works with MNCs from varied industries such as food and beverage, banking and financial services, manufacturing, oil and gas, electronics, retail, pharmaceuticals, consumer packaged goods, insurance, hospitality, and educational services.

Select Customers

Nestle, Sunoco, Rockwell Automation, Rio Tinto, Colgate-Palmolive

About Strategic Sourcing Suite

Strategic Sourcing Suite is Zycus’ eSourcing software. Suppliers are businesses’ partners in growth. Hence, it’s very important to find the correct supplier to source the products/services from. The Sourcing Suite helps businesses find the correct suppliers to source both simple and complex categories from across the globe.

The platform helps to cut down the sourcing cycle time by 15-45% by automating various aspects of sourcing like creating the RFx, holding and executing an online event (e-auction), analysis of the bids received from the suppliers to the final stage of awarding business. It helps to keep a track of the sourcing project at every stage.

About the Company

Zycus was founded in 1998 and is headquartered in Princeton, New Jersey.

Strategic Sourcing Suite Key Features

The tool can support 10,000+ line items in a single event
RFx creation is made simple with drag-and-drop option
Supports live monitoring during e-auction
Supplier proposals can be evaluated on ‘what-if’ situations and can be ranked automatically
Bids can be optimized using standard and constrained scenarios
Sourcing decisions made easy by collaborative scoring and approval workflows