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Feb 09 :: Sigma-Aldrich Selects Zycus for Global Spend Management Initiative
Leading life science and high technology company enhances visibility into it’s spend data to generate savings through contract negotiations

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Princeton, NJ, USA – Feb 09, 2009 –Zycus, a world leader in Spend Management solutions, today announced that Sigma-Aldrich, a leading life science and high technology company, has selected Zycus for Spend Analysis.

“Through Zycus’ capabilities, we are able to quickly identify a large amount of spend for which we had not previously had visibility,” said Michelle Holliday-Levy, Sigma-Aldrich’s Director of Global Procurement. “Zycus is helping us take fragmented views of spend and consolidate that data onto a single dashboard, enabling us to more efficiently and effectively negotiate contracts with our suppliers.”

Sigma-Aldrich operates in 36 countries with more than 7,900 employees. It has customers in life science companies, university and government institutions, hospitals, and industry. Its biochemical and organic chemical products and kits are used in scientific and genomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical and other high technology manufacturing.

“Zycus is proud to partner with the Sigma-Aldrich team on their spend management initiatives and provide them with the solutions that will enable them to generate significant savings across the globe,” said Anurag Dixit, Vice President of Marketing at Zycus. “Our Spend Analysis solution will give Sigma-Aldrich’s global procurement team granular visibility into their overall spend. This would enable them to focus on strategic sourcing that positively impacts the bottom line over the long term.”

Zycus’ solutions are designed to increase procurement efficiencies by streamlining complex processes via its easy-to-use solutions. With innovative technologies like Web 2.0 and Artificial Intelligence, Zycus’ solutions enable higher user adoption, accelerated ROI and improved cycle times. Zycus Spend Management solutions help procurement professionals analyze, plan and source their spend to achieve consistent sustainable saving.

About Zycus
Zycus is the world's leading provider of Spend Management solutions to Global 1000 companies. Zycus' Spend Management solutions; including Spend Analysis, Strategic Sourcing, Supply Market Intelligence, and Contract Management provide accelerated Spend Management ROI, maximum savings and user adoption.

Innovation and ease of use are core attributes of the Zycus offering. Zycus' Spend Management solutions enable procurement departments to identify, negotiate and realize savings through an intuitive and objective-oriented supply management process. With more than 120 proven implementations in 15 countries, Zycus' solutions have emerged as the global favorite. Zycus has more than 250 employees across North America, Europe, and the Asia-Pacific region. To learn more about our Zycus, please send an email to information@zycus.com or visit www.zycus.com.

Press Contacts

Erin Muldoon
Media Relations Manager, Tech Image – for Zycus Inc.
erin.muldoon@techimage.com
847-279-0022x240

Holly Glennon
Global Marketing, Zycus Inc.
Holly.glennon@zycus.com
Direct: 770-837-2591

 

 
 

Learn more about Zycus Spend Management Solution Suite

Zycus Spend Management Solutions are designed to ensure overall success of an organization's spend management program by helping sourcing professionals ANALYZE their spend deeper and wider... Read more

  • Spend Analysis - Zycus Spend Analysis Solution to classify spend data prior to loading it into SAP BW, organizations... Read more
  • Strategic Sourcing - Zycus Strategic sourcing suite is specifically designed for those organizations that are currently looking to automate their manual process. Taking cues from what-went-well and what-went-wrong, specific requirements of late entrants in eSourcing, and budget constraints... Read more
  • Contract Management - Zycus Contract management plays a vital role to a company’s financial health & is viewed as strategic weapon in optimizing contract performance and improving the return on investment... Read more