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At Horizon Europe 2024, business leaders—including those from Belden, headquartered in St. Louis, United States—shared how Zycus enabled transformation beyond procurement, contributing directly to sales growth, cost control, and client retention.
The session, titled Gaining Competitive Edge: How Procurement Transformation Fuels Efficiency, focused on how Belden’s procurement team used Zycus tools to optimize operations across St. Louis and 80+ global locations.
Key Takeaways:
Zycus as a Business Enabler:
Zycus helped Belden in St. Louis move beyond traditional procurement by supporting sales growth, reducing supplier costs, and improving retention metrics.
Sourcing Efficiency Gains:
By leveraging Zycus’ Source-to-Pay suite, Belden achieved a 50% reduction in sourcing cycle time and a 70% drop in labor hours per sourcing event—all driven from its St. Louis-based operations.
High Retention and Sales Impact:
Following implementation, Belden saw ~98% employee retention and measurable gains in sales performance, tied directly to procurement process improvements.
ERP Complexity Simplified:
Despite working with 20+ ERP systems across global locations, Belden’s St. Louis headquarters unified spend visibility using Zycus’ iAnalyze module.
GenAI with Merlin Assist:
Zycus’ Merlin Assist GenAI tool automates supplier queries, contract reviews, and analytics—freeing up Belden’s procurement team to focus on strategic decisions in St. Louis and globally.
Supplier Self-Service and Onboarding:
Using Zycus’ supplier health features, Belden streamlined onboarding and created a frictionless supplier experience across its diverse supply base.
AI-Driven Auto-Scoring in RFPs:
AI-powered auto-scoring reduced manual evaluation time and increased efficiency in supplier selection—delivering major time savings for Belden’s sourcing teams.
Data and Change Strategy:
Success at Belden was driven by strong data infrastructure, clear use-case focus, and phased GenAI adoption, all supported by a culture of change from St. Louis leadership.
