PRINCETON, N.J.–(BUSINESS WIRE)–Zycus, a world leader in Spend Management Solutions, congratulates David
Thurston, Associate Vice President of Financial Operations at Emory
University, for being named as one of Supply & Demand Chain
Executive’s 2011 Pros to Know. The highly respected supply-chain
management periodical limits its prestigious Practitioner Pros to Know
annual listing to just 30 “exceptional corporate executives at
manufacturing and non-manufacturing enterprises who are leading
initiatives to help prepare their companies’ supply chains for
significant challenges in the year ahead.”
In the past several years, Thurston has been instrumental in moving the
large, complex Emory University organization from an environment with
little enterprise-level control over procurement transactions to one
that is now routinely capturing spend data and working with spend
analysis and eSourcing solutions. The University is now able to gain
deep insight into spending at a frequency that enables greater
identification of strategic sourcing opportunities, increases the pool
of spend that is addressable for management by procurement, and enables
better collaboration and contract development with strategic suppliers
based on actual (versus predicted) consumption patterns.
Thurston is a firm believer in the idea that technology is only valuable
if it is adopted and used consistently. “I am big on technology because
it really does eliminate work that does not add value,” Thurston says.
To drive technology adoption, he has established a communications group
that is responsible for all training, marketing and customer service
associated with Procurement Services, ensuring propagation and adoption
of a disciplined buying culture.
Looking to the future, Thurston and his team will explore the many ways
in which procurement solutions for spend analysis and eSourcing can be
combined to close the loop on cost savings and compliance. For example,
Emory will be looking to ensure that price discounts negotiated by its
commodity managers are being implemented in all transactions across all
channels. Thurston wants to take Emory’s procurement process to the next
level and make certain that the majority of spend continues to flow
through established systems.
Holding true to Emory’s philosophy that – “This is a time of dynamic
change on campus, where the future is being guided by an ambitious
strategic plan, where courageous inquiry leads,” Thurston and his team
have been successful in transforming and taking procurement to a level
where a majority of Emory University’s spending is now under management
by procurement.
“Paving a path for all other universities to follow, David Thurston has
proved himself to be a visionary and great leader,” remarks Anurag
Dixit, Zycus Vice President of Marketing. “We extend our sincere
congratulations to David Thurston and our appreciation to Supply &
Demand Chain Executive for recognizing his substantial achievements.”
About Zycus
Zycus continues to deliver on its heritage of providing best-in-class spend
management solutions that are world renowned for delivering an
accelerated return on investment through superior user adoption to
create Maximized Savings. Zycus’ solutions are built from the ground up
combining cutting-edge technology and domain expertise, enabling higher
performance and sustainable value to organizations worldwide. Zycus
provides global spend management solutions to more than 200 leading
Fortune 1000 customers that consider spend management software,
processes and technology strategic to their competitive advantage. Zycus
Spend Management solutions automate and streamline the processes of spend
analysis, strategic
sourcing and contract
management.
With more than 200 global proven implementations, Zycus’ solutions have
emerged as the global favorite. Zycus has more than 400 employees across
North America, Europe and Asia-Pacific. To learn more about Zycus,
e-mail [email protected]
or visit www.zycus.com.
