{"id":2679,"date":"2017-10-03T15:51:38","date_gmt":"2017-10-03T15:51:38","guid":{"rendered":"https:\/\/stagingwww.zycus.com\/technology-sourcing-procurement-and-vendor-management-need-a-center-of-excellence-to-be-digital-business-ready"},"modified":"2026-02-10T11:22:11","modified_gmt":"2026-02-10T11:22:11","slug":"technology-sourcing-procurement-and-vendor-management-need-a-center-of-excellence-to-be-digital-business-ready","status":"publish","type":"post","link":"https:\/\/dev.zycus.com\/freshz\/blog\/procurement-technology\/technology-sourcing-procurement-and-vendor-management-need-a-center-of-excellence-to-be-digital-business-ready","title":{"rendered":"Procurement and Vendor Management Need a Center of Excellence to Be Digital-Business-Ready"},"content":{"rendered":"<p>In today\u2019s digital era it is critical for procurement and supply chain leaders to build a center of excellence (COE) to support the agility that their organization requires during the procurement transformation journey.<\/p>\n<p>So, what exactly is a COE that acts as a booster dose and inject innovation into the department culture, strengthen supply chains by optimizing operations and inculcating enterprise-wide best practices? How does it aid in maintaining supply chain control and enables an organization to attain world-class performance?<\/p>\n<p><a href=\"https:\/\/dev.zycus.com\/freshz\/knowledge-hub\/research-report\/technology-sourcing-procurement-and-vendor-management-need-a-center-of-excellence-to-be-digital-business-ready\">Download this latest research report<\/a> from Gartner titled \u201c<strong>Technology Sourcing, Procurement and <a href=\"https:\/\/dev.zycus.com\/freshz\/blog\/supplier-management\/a-complete-guide-to-vendor-management-its-benefits-challenges-process-best-practices\">Vendor Management<\/a> Need a Center of Excellence to Be Digital-Business-Ready<\/strong>\u201d to learn how S&amp;VM leaders can use a center of excellence(COE) approach to support their digital transformation to a more-agile operating model.<\/p>\n<div style=\"display: flex;\"><a class=\"su-button su-button-style-flat\" style=\"color: #ffffff; background-color: #1f97cf; border-color: #1979a6; border-radius: 6px; -moz-border-radius: 6px; -webkit-border-radius: 6px;\" href=\"https:\/\/dev.zycus.com\/freshz\/knowledge-hub\/research-report\/technology-sourcing-procurement-and-vendor-management-need-a-center-of-excellence-to-be-digital-business-ready\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #ffffff; padding: 0px 18px; font-size: 14px; line-height: 28px; border-color: #63b7de; border-radius: 6px; -moz-border-radius: 6px; -webkit-border-radius: 6px; text-shadow: none; -moz-text-shadow: none; -webkit-text-shadow: none;\"> <strong> CLICK HERE TO DOWNLOAD RESEARCH REPORT<\/strong><\/span><\/a><\/div>\n<p>Learn More: <a href=\"https:\/\/dev.zycus.com\/freshz\/blog\/supplier-management\/a-complete-guide-to-vendor-management-its-benefits-challenges-process-best-practices\">Vendor Management<\/a><\/p>\n<p><strong>Related Read:<\/strong><\/p>\n<ol>\n<li><a href=\"https:\/\/dev.zycus.com\/freshz\/blog\/procure-to-pay\/procurement-risk-management-a-cognitive-data-driven-approach\" target=\"_blank\" rel=\"noopener\">Blog \u2013 Procurement Risk Management: A Cognitive Data Driven Approach<\/a><\/li>\n<li><a href=\"https:\/\/dev.zycus.com\/freshz\/blog\/procurement-technology\/you-didnt-know-these-7-steps-of-an-effective-procurement-process\" target=\"_blank\" rel=\"noopener\">Blog \u2013 Procurement Process: 7 Steps for Optimal Efficiency and Cost Savings<\/a><\/li>\n<li><a href=\"https:\/\/dev.zycus.com\/freshz\/solution\/vendor-invoice-management-system\" target=\"_blank\" rel=\"noopener\">AI-powered Vendor Invoice Management System<\/a><\/li>\n<li><a href=\"https:\/\/dev.zycus.com\/freshz\/knowledge-hub\/research-report\/benchmarking-the-cost-of-procurement-as-a-percentage-of-spend\" target=\"_blank\" rel=\"noopener\">Research Report \u2013 Procurement Benchmarking: Analyzing the Cost of Procurement as a Percentage of Spend<\/a><\/li>\n<li><a href=\"https:\/\/dev.zycus.com\/freshz\/knowledge-hub\/whitepapers\/5-ways-the-oil-and-gas-industry-can-transform-procurement-to-boost-savings-and-profits\" target=\"_blank\" rel=\"noopener\">Download White paper \u2013 5 Ways the Oil and Gas Industry can Boost Savings and Profits<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s digital era it is critical for procurement and supply chain leaders to build a center of excellence (COE) to support the agility that their organization requires during the procurement transformation journey. So, what exactly is a COE that acts as a booster dose and inject innovation into the department culture, strengthen supply chains [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":100079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1937],"tags":[1639,573],"ppma_author":[170],"class_list":["post-2679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-procurement-technology","tag-center-of-excellence","tag-procurement-transformation"],"acf":[],"authors":[{"term_id":170,"user_id":0,"is_guest":1,"slug":"zycus-inc","display_name":"Zycus","avatar_url":{"url":"https:\/\/dev.zycus.com\/freshz\/wp-content\/uploads\/2025\/02\/zycus-author.png","url2x":"https:\/\/dev.zycus.com\/freshz\/wp-content\/uploads\/2025\/02\/zycus-author.png"},"author_category":"0","last_name":"Agentic Procurement Platform","first_name":"Zycus","job_title":"","user_url":"https:\/\/dev.zycus.com\/freshz","description":"Zycus is an Agentic Procurement Platform that is redefining procurement from Source-to-Pay to Intake-to-Outcomes. Its unified platform combines native Intake, agentic AI, and an end-to-end S2P core to help enterprises drive real procurement outcomes \u2014 not just transactions. Recognized by Gartner, Forrester, IDC, and customers worldwide, Zycus is shaping the next generation of procurement with the Merlin Agentic AI Platform."}],"_links":{"self":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts\/2679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/comments?post=2679"}],"version-history":[{"count":0,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/posts\/2679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/media\/100079"}],"wp:attachment":[{"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/media?parent=2679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/categories?post=2679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/tags?post=2679"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dev.zycus.com\/freshz\/wp-json\/wp\/v2\/ppma_author?post=2679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}