Procurement Software for Automotive Industry
Drive automotive business growth with Zycus procurement solutions, tailored for cost savings and streamlined operations
Automotive Industry Supply Chain & Procurement Solutions
Challenging government regulations and evolving growth trends are reshaping the landscape of automotive procurement and supply chain management on a global scale
Automotive Procurement & Supply Chain Challenges
Automotive procurement teams will play central roles in shaping vehicle producers’ ongoing profitability as they:
- Navigate complex webs of emerging-market opportunities and local-market supplier discovery, development, and performance management requirements
- Continue to innovate in terms of fuel economy, safety, and driver/passenger experiences
- Face greater competition from market entrants and/or blurring of distinctions among existing producers, vehicle types, and classes
- Cope with unprecedented vehicle cost/price and performance transparency as consumers share information digitally
- Balance consumer demands for design and feature customization (derivatives) against supply complexity and cost risks
- Cope with expanding pollution, fuel economy, and other demands across multiple regions, regulatory, and government systems
Ways Automotive Procurement & Supply Chain Teams Can Drive Value
- Develop new high-performance supplier networks to service expanding ranges of products and services across broader, more culturally diverse geographies
- Extract greater value, innovation, and sharing of investment, product development, and other risks from global suppliers
- Find innovative ways to sustain profitability against a tide of non-discretionary upward cost pressures and low market pricing power for producers
- Position their enterprises to capture not only sales growth but also aftermarket opportunities in emerging markets
Speed, agility, connection, integration, and truly global intelligence will be the hallmarks of tomorrow’s successful automotive sourcing, procurement, and supply management teams.
How We Can Help
Zycus’ robust, fully integrated suite of sourcing, procurement, and supplier management solutions can help your business proactively mitigate financial and business risks and deliver sustainable profitability.
Our holistic source-to-settle suite emphasizes disciplined, thorough management of suppliers and contracts, empowering automotive procurement teams to move business performance levers including product quality, safety, and reliability, production costs, plant up-time, yield, return on capital, warranty costs, and regulatory compliance.
Spend Analysis
Use SPEND ANALYSIS to gain timely, accurate, complete, and detailed visibility into spending.
Financial Savings Management
Use FINANCIAL SAVINGS MANAGEMENT to meet cost savings targets and increase profitability.
Accounts Payable
Accounts payable automation tailored to meet the unique needs of the automotive industry