Automated Classification
For enterprise-wide Item Data and Supplier Data originating from multiple systems into a common coding structure…
Spend Analysis NXT
Zycus knowledge repository tracing from the origin of Spend Analysis to the latest trends and happenings…
Spend Analysis V3.0
examines how the flurry of M&As witnessed in FY 03-04 between niche Spend Data Management (SDM) service providers and Strategic Sourcing Vendors fared in the real world, highlights emerging best practices in SDM, and makes a definitive assessment of the future roadmap...
Not too long ago, a large Fortune 100 ranking globally diversified company, in its quest for achieving process excellence, pioneered the concept of Six-Sigma in Spend Management and came out with flying colors. Recently, another Fortune 100 ranking Chemical giant successfully adopted Six Sigma in Spend Management. With results evident, many more companies like yours are in the process of replicating the success of Six Sigma.
A Word of Caution? "End matters so do the means".
Have you ever wondered what it takes to ensure a successful Six-Sigma adoption in Spend Management?
Have you ever tried to check on the critical success factors of Spend Management?
Successful Six Sigma companies have encountered numerous problems in the journey of Six-Sigma adoption. One of the areas that has clearly emerged as the show-stopper is the lack of ability to track and measure the Spend Management process parameters.
The prime reason being:
Spend Invisibility due to poor quality spend data
Lack of Repeatable processes due to absence of automated Data cleansing tools
So what are YOU doing about it?
The choice is yours. Either you turn a blind eye on the glaring problems and jeopardize the Six-Sigma initiative or you could learn some of the best kept secrets of Leading Fortune 100 organizations and confront the critical issues head-on.
Sharing the secrets of Success:
Over the years, leading Fortune 100 ranking Organizations have leveraged Zycus Spend Data Management Software to ensure success in Six-Sigma adoption. Using Zycus' Spend Data Management software, these organizations have been able to built a sound Spend data foundation of clean, consistent, granular spend data and have realized 100s of million dollars of procurement savings through their six sigma endeavor. Since the software is completely automated and plugs in to the existing infrastructure (DW and BI), organizations are able to ensure repeatable process at minimum costs.
So are you still figuring out how to adopt Six-Sigma in Spend Management? Read the insightful white paper- "Six-Sigma in Spend Management -Secrets of Success" and learn how leading organizations have successfully implemented Six-Sigma in Purchasing .
Download Secrets of success white paper
related downloads
If you want to know more about how you can use AutoClass with existing DW infrastructure, read the insightful white paper on Spend Data Warehouses Spend Data Warehouse