PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a leading source-to-pay and procurement performance suite provider, announced today that Richard Waugh, Vice President of Corporate Development for Zycus, recently delivered a lecture series to MBA candidates at Carnegie Mellon University’s Tepper School of Business. Waugh participated in two sessions of Professor Nicola Secomandi’s Supply Chain Management course where he focused on practical procurement technology applications and their impacts on business. Waugh also delivered a guest lecture for the school’s Operations Management Club (Ops Club), in which he shared global best procurement practices and performance benchmarks and demonstrated how leading companies are using technology to achieve best-in-class performance levels.
“Richard Waugh did an excellent job of demonstrating to our Supply Chain Management class how to approach the analysis of procurement performance,” says CMU student Jared Worful. “He discussed how techniques that we are learning in our class are relevant within procurement environments and demonstrated how the Zycus technology is situated as a fully integrated platform that can help to manage implementation of solutions across the procurement process.”
“Richard’s talk brought real-life application to what we are learning here at Tepper,” agrees student Linh Thi Do. “His presentation of Zycus highlighted how implementing procurement best practices makes a strategic difference not only in manufacturing but also for technology and services companies.”
“The bright young students in these MBA classes are well on their way to becoming consultants and drivers of strategic business transformation,” comments Waugh. “It’s a pleasure to have an opportunity to share not only theoretical best practices and performance benchmarks, but also real success stories they can carry with them into the world to help more business enterprises navigate to best-in-class procurement and supply-chain management performance.”
As part of its association with CMU’s Tepper School of Business, Zycus is also looking to explore internship opportunities that will give students hands-on experience in helping companies to analyze procurement performance, identify opportunities for improvement and implement technology solutions that can move them to their goals of becoming best-in-class.
About Carnegie Mellon University
Carnegie Mellon University (CMU) is a global research university with more than 12,000 students, 95,000 alumni, and 5,000 faculty and staff. CMU has been a birthplace of innovation since its founding in 1900. Our students are recruited by some of the world’s most innovative companies. We have campuses in Pittsburgh, Qatar and Silicon Valley, and degree-granting programs around the world, including Africa, Asia, Australia, Europe and Latin America.
Zycus is committed to positioning procurement at the heart of business performance. With our spirit of innovation and a passion to help procurement create even greater business impact, we have evolved our portfolio to a complete Source-to-Pay suite of procurement performance solutions - Spend Analysis, eSourcing, Contract Management, Supplier Management, eProcurement, eInvoicing and Financial Savings Management. We are proud to have more than 200 solution deployments among Global 1000 clients across verticals like Manufacturing, Automotives, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharma, Education and more.