AMD reports 100% adoption with source-to-pay procurement performance solution.
PRINCETON, NJ - JANUARY 14, 2014 - Zycus, a leader in source-to-pay procurement solutions, announced today that international technology company AMD (NYSE: AMD) has completed a transition to the Zycus Suite of Procurement Performance Solutions and is achieving notably high adoption rates with Supplier Performance Management, eSourcing and Advanced Spend Analytics implementations.
AMD began its upgrade to the integrated Zycus suite in 2011, replacing a standalone solution for eSourcing (Ariba) and legacy homegrown systems for both spend analysis and supplier performance management.
AMD procurement executives say Zycus’ agility and attentiveness have been key components in the successful global rollout of the new solutions. Karen Martin, AMD’s Lead Source Manager and iSource lead, notes that “Zycus brings extensive experience, support and responsiveness to the table.” That support, alongside Zycus’ core ease of use, automation and process efficiency principles, has led to consistent and strong solution adoption.
Adoption of Zycus’ iPerform for supplier performance management has reached 100% across the Global Supply Management team, according to Katherine Berbel, AMD’s Lead Source Manager and iPerform lead, “100% adoption of the iPerform system gives us a truly global view of supplier performance and solid records retention. We are also achieving greater collaboration and process efficiency with suppliers since feedback is now automated and online through a supplier portal.”
Director of Procurement Garry Christie adds that Zycus iAnalyze for advanced spend analytics has been a huge value-add for his sourcing team. “The solution’s intuitive user interface has been essential to enabling our global team to continuously improve their analytics and reporting competencies and has significantly increased our efficiency in meeting requirements to understand spending.”
In related news, AMD’s Alex Brown, Corporate Vice President Global Supply Chain Management was honored recently at the first annual Zycus Procurement Excellence awards for demonstrating inspirational leadership and excellence in adopting best practices and implementing procurement strategies.
About AMD (Advanced Micro Devices)
AMD (NYSE: AMD) designs and integrates technology that powers millions of intelligent devices, including personal computers, tablets, game consoles and cloud servers that define the new era of surround computing. AMD solutions enable people everywhere to realize the full potential of their favorite devices and applications to push the boundaries of what is possible. For more information, visit www.amd.com
Zycus is dedicated to positioning procurement at the heart of business performance. With its spirit of innovation and a passion to help procurement create even greater business advantages, Zycus has evolved its portfolio to a complete Source-to-Pay suite of procurement performance solutions which includes - Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management and Procure-to-Pay. With more than 200 solution deployments among Global 1000 clients, Zycus searches the world continually for procurement practices proven to drive competitive business performance.