NewswireToday - /newswire/ -
Princeton, NJ, United States, 2013/08/06 - On August 13, Zycus, a world leader in Procurement Technology Solutions is co-hosting a web seminar with Institute of Supply management (ISM) focusing on the topic of procurement transformation practices - featuring Ardent Partners' research - Zycus.com.
Zycus, a world leader in Procurement Technology Solutions is co-hosting a web seminar with Institute of Supply management (ISM) focusing on the topic of procurement transformation practices. The web seminar is titled ‘Built to Last: Designing a Procurement Transformation Program for Best-in-Class Performance.’ It will address ways to combat various challenges faced by the CPOs. Despite much effort and often, heavy investment in procurement, it continues to face many challenges, like the following:
- Compliance and Spend visibility remains below optimal;
- Economic situation often throws procurement back to short-term savings machine;
- Innovation and Sustainability of procurement processes continues to be a concern for CPOs.
In this webinar, Ardent Partners will share a ‘new research’ designed to help procurement organizations develop a transformation “blueprint” - a holistic view of the source-to-settle process and the underlying architecture required to support sustainable business process improvement. The guests will get to hear about the three distinct ‘CPO Paths’ to a successful procurement transformation.
The speakers Andrew Bartolini, Managing Partner and Chief Research Officer, Ardent Partners along with Matthew Mehalick, Director of Strategic Sourcing, Celgene Corp. and Richard Waugh, VP of Corporate Development, Zycus will share their insights on “Procurement Transformation” and how it has become a common theme for the strategy among Chief Procurement Officers (CPOs) looking for an advantage in an increasingly competitive market.
This webinar will also feature- a case study from a major global pharmaceutical company that has found the right formula for blending people, processes, and technology to achieve a world-class performance benchmark.
This, one of its kind event will be held at 2pm EST on Tuesday, 13 August, 2013. Reserve your space now, free of cost, complimentary by Zycus. The event will also feature live interaction with speakers, so guests are encouraged to prepare their questions for Andrew Bartolini, Matthew Mehalick and Richard Waugh.
To register for this webinar go to online.krm.com/.
Institute for Supply Management™ (ISM) is the first supply management institute in the world. Founded in 1915, ISM exists to lead and serve the supply management profession and is a highly influential and respected association in the global marketplace. By executing and extending its mission through education, research, standards of excellence and information dissemination - including the renowned monthly ISM Report On Business® - ISM maintains a strong global influence among individuals and organizations.
At Zycus (zycus.com) we are 100% dedicated to positioning procurement at the heart of business performance. 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 Solutions - Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management and Procure to Pay. Behind every Zycus solution stands an organization that possesses deep, detailed procurement expertise and a sharp focus on being responsive to customers.
With more than 200 solution deployments among Global 1000 clients, we search the world continually for procurement practices proven to drive competitive business performance. We incorporate these practices into easy-to-use solutions that give procurement teams the power to get moving quickly and to continue innovating and pushing business and procurement performance to new heights.