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Thursday, September 02, 2010
Thursday, September 02, 2010
Latest Procurement News
Posted: Tuesday, January 12, 2010, 9:49AM
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KNOWLEDGE MANAGEMENT TAGS
"Spend Management", "Technology"
Converteam improves global spend analysis
Converteam, a global specialist in power conversion with its headquarters in France, is rolling out new spend management technology in a bid to improve the efficiency of its global supply chain.With over 5,000 employees, the group provides power solutions worldwide and serves specialised sectors, as well as its core markets in Marine Offshore, Oil & Gas and Offshore, Energy and Industry. At year-end 2008, Converteam sales totalled 1,099,000,000 EUR.
Christiane Lemercier, group sourcing director at Converteam reported the the firm had selected Zycus' Spend Analysis technology. "Converteam has always paid special attention to innovation and technology, hence Zycus Spend Analysis was an obvious choice because of its innovative and easy-to-use approach to multi-lingual spend classification," she said.
"The selection of Zycus for our processes will enable us to have a clear view of spend across multiple ERP platforms which will ensure efficient sourcing decisions."
Procurement Tags - Spend Management, Technology
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