Zycus Receives "Corporate Excellence in Procurement Solutions" Award at NATCOM 2011

Online, December 15, 2011 (Newswire.com) - Zycus, a world leader in Procurement Technology Solutions, received the "Corporate Excellence in Procurement Solutions" award from Hon'ble Union Minister of State for Road Transport and Highways, Dr.Tushar A. Chaudhary, at an award ceremony held on Saturday, December 2nd 2011.

The award ceremony was organized as part of NATCOM 2011 under the theme: Achieving Inclusive and Sustainable Growth - Role of Supply Chains, an event organized by Indian Institute of Materials Management (IIMM) which is a premier professional body, recognized by Govt. of India, for achieving excellence in the field of materials management.

"We are extremely pleased that Zycus was selected to receive the award on 'Corporate Excellence in Procurement Solutions' an award instituted by IIMM. The award recognises Zycus' contribution in the area of Procurement technology", says Mr. Suresh Kumar Sharma, Immediate Past President-IIMM.

Zycus was a platinum sponsor for NATCOM 2011, which saw 250+ attendees who participated in the various technical sessions which covered different areas of procurement and supply chain. Mr. Charles Holden, DG, IFPSM, USA was the Guest of Honour for the event.

During his presentation on "Strategic Role of Procurement", Anurag Dixit, Vice President, Marketing, Zycus Inc., said that, "Procurement's traditional role as we all know was to interact with suppliers which mainly constituted the front line of the business. However, over the past decade, procurement has expanded its role beyond the front line of business to the very heart of high performing business, by being a partner in the growth of organizations." "Contemporary procurement professionals are now leveraging procurement technology to meet the strategic objectives of the organization." Dixit adds.

About Zycus
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. For more than a decade we have been the world's most trusted leader in Spend Analysis. 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 Performance Solutions - Spend Analysis, e-Sourcing, Contract Management, Supplier Management, and Financial Savings Management.

Behind every Zycus solution stands an organization that possesses deep, detailed procurement expertise and a sharp focus on being responsive to customers. We are a large - 600+ and growing - company with a physical presence in virtually every major region of the globe. We see each customer as a partner in innovation and no client is too small to deserve our attention.

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, flexible solutions that give procurement teams the power to get moving quickly - from any point of departure - and to continue innovating and pushing business and procurement performance to new heights.

To learn more about Zycus, e-mail information@zycus.com or visit www.zycus.com.

About IIMM
Headquartered in Navi Mumbai, the Indian Institute of Materials Management (IIMM) is the National Apex body, representing a wide spectrum of professionals engaged in various facets of materials management, responsible for planning, sourcing, logistics & supply chain management. Through its 45 branches and 18 chapters, comprising over 8,000 members drawn from public and private sectors, IIMM is dedicated to the promotion of the profession of materials management through multifarious activities, including EDP, seminars, workshops, in-house training programs, consultancy assignments, and advanced materials management and research programs. IIMM is also a Chartered member of International Federation of Purchasing and Supply Management (IFPSM), which has over 48 member countries across the globe.

Press Contacts
Rahul Awtaney
Manager - Public Relations & Analyst Relations, Zycus Inc.
rahul.awtaney@zycus.com
Direct: +91 9819639888