Skip to main content

Zycus report - Path-to-procurement-excellence

This week I came across an interesting report from a leading player in startegic sourcing and spend analysis - Zycus titled "Zycus path-to-procurement-excellence A CPO’s complete reference guide to sustainable performance improvement through strategic sourcing and procurement management ". A long name but a crisp document to guide you on practices and processes around strategic sourcing. An impressive work done by purchasing magazine and Zycus. It not only talks about the step by step process - a multi year one - to reach to startegic savings goal but also puts up process maturity maps to measure different factors at each step. I will recommend every consultant to surely read and learn from this.

Comments

  1. AnonymousDecember 15, 2009 at 4:49 AM

    Prashant great post

    I gone through this. It's great whitepaper on strategic sourcing explaining elaborated practices & processes for high performance organizations.

    I downloaded it from following link

    Path to Procurement Excellence Whitepaper

    ReplyDelete

Post a Comment

Popular posts from this blog

Master Data Management – Product or Process ?

I have 2 SAP systems and I want to fix my material master, Services Master. I want all that data to be clean, standardized, classified, enriched and load it back to my SAP in next 6 months. What do you suggest ? Chris - one of my key client was explaining during a “solution understanding” call. My sales manager Tom, enthusiastically started talking about new version of the MDM platform by ERP company, tools, technologies, product landscape, licenses etc. After 30 minutes of sales pitch, I could see confusion on Chris’s face clearly. He said - but I don’t want to add any new product in my infrastructure for all this. Can you just implement MDM for me without I adding any new software ?   Both are using MDM implementation as a keyword, but in a completely different context. Chris wants to implement MDM as a process while Tom was trying to sell MDM as a new software. Whats the difference ? Lot I will say. MDM as a product – when you sell a   software license to a...
4 comments
Read more

Data Management - Terminologies & Definitions

As a third step in my Data Management article series – lets look at commonly used terminology in the domain. Now these are very standard definitions I am quoting from a standard available glossary. The next step – next article would be to explain the relevance and usage of these terminology in business world. E.g. How to look at data standardization in supplier data context or material data context – when it comes to optimizing your procurement processes. That’s next. In my first article in this data management series –I compared data management with the story of elephant and seven blind men. http://manageyourdata.blogspot.in/2012/09/data-management-elephant-seven-blind-men.html The second post is more about – why its important to speak same language when you are running any data management initiative.   http://manageyourdata.blogspot.in/2012/09/data-management-are-we-all-speaking.html Data analysis : Analysis of data is a process of inspecting, cleaning, transfo...
1 comment
Read more

Bristlecone Webinar on Supplier Risk Management

Purchasing Magazine, Bristlecone and SAP getting together to bring you very good discussion on supplier risk management. Webinar will be held on June 24, 2 to 3 PM eastern Time, USA. Contributors are - Paul Teague from Purchasing magazine , Jason Buch from spendmatters , Naresh Hingorani from Bristlecone - Supply chain leader company and Padmini Ranganathan from SAP. As we always talk about spend visibility, data issues, strategic sourcing - these distinguised speakers will bring out more strategic views to the table on how all this can be achieved to analyze your business risks better, upfront. You can register for event by accessing this link and register See you there.
Post a Comment
Read more