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Maximizing Potential Benefits in Reverse Auctions
Reverse auction (RA) has emerged as a strategic tool for consumer packaged goods companies pursuing cost efficiencies in their sourcing programs. This article

bid auctions  auction, initial bid amount, bid decrement, payment terms, and delivery terms, are finalized and communicated to the participating vendors. More often than not, a pre-auction quotation is also requested. RA Benefits Prima facie (on first examination), the Web-enabled e-auction sourcing tool looks no different from the legacy system of closed bids and tenders, but a closer analysis will reveal that it has certain advantages for both buyers and vendors. Some of the most important ones are listed in Table Read More
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Sales Force Automation (SFA) systems help sales and marketing teams with functions related to taking orders, generating proposals or quotes, managing territories, managing partners, and maintaining...
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Documents related to » bid auctions


Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 2
Part 1 of this blog series introduced common supply chain challenges and resulting spend management opportunities for companies of all sizes. The article then

bid auctions  “for sale”) and posted bid (reverse “wanted to buy”) events are similar to advertisements in the classified section of a newspaper, with the discretion of the seller to sell (or not) to whomever they see fit. An English event  is an open ascending-price event; as time goes on, the price is bid up by buyers who are willing to pay more than other bidders. In contrast, a reverse English event is a descending price event because the price is bid down by sellers willing to sell for a lower price than Read More
Emptoris: Opening a New Chapter of Prosperity - Part 2
Part 1 of this blog series talked about my impressions following an upbeat and constructive business update meeting at Emptoris’ headquarters. Under its new

bid auctions  (TCO)  or “Best Value” bid award recommendation. Companies can also cherry-pick categories for multi-wave sourcing with optimization. In addition, Emptoris is that rare vendor that consistently supports auctions on a very large scale. Namely, Emptoris’ customers report participation in 1,000 to 5,000 major sourcing events per years vs. 50-250 in Ariba ’s case (and many fewer in the case of SAP or Oracle ). The vendor is on track to grow from US$2 billion in value sourced in 2009 to US$3 Read More
Zooming into an Inventory Free Flow
FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique

bid auctions  FreeFlow's patent-pending, Internet-based bid management engine within its hosted online marketplace software is supplemented by the business processes of broker engagement, financial settlement, logistics, and transportation, where FreeFlow's deep industry expertise and worldwide network of strategic alliances in technology play major parts. FreeFlow's online marketplace software has impressive features including secure private auctions that can be branded or anonymous; multifunction or Read More
Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?
Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business

bid auctions  for an optional secondary bid approval should approval from the engineering department be needed. Returns and Refurbished Materials Adding Oil to the Fire Thus far, one conclusion would unequivocally be that inventory challenges exist at every stage of the product life cycle, since product phase-in/phase-out, missed sales, and basic forecast errors result in excess active inventory. The end-of-life (EOL) stock and obsolete inventory are the inevitable results of unsold active inventory that has since Read More
Good Times for CombineNet, Strategic Sourcing Specialist
Most strategic sourcing software solution vendors nowadays offer spend analysis, contract management, and supplier performance management tools within their

bid auctions  strategic sourcing optimization and bid evaluations. CombineNet products provide the mechanism to negotiate the best deal that satisfies overall supply chain and the master company requirements. Read More
Case Study: Ove Wrist & Co
Ove Wrist & Co., a full-service supplier to the shipping industry, was looking for a tool to help it optimize its business processes and get more information

bid auctions  allowed the company to bid on jobs faster, retrieve details about individual customers, and improve the overall customer experience. Find out how. Read More
Paradoxes of Software Estimation
Software development has spawned an independent industry in its own right. But the processes of asking for service, offering service, and pricing are all

bid auctions  Architects offer a fixed bid after receiving complete building specs. The made-to-order industry offers a fixed bid only after receiving complete specs, and the quote would include a high-level design drawing too. A caterer would not offer a fixed bid until receiving the menu and the number of guests. A builder offers a fixed bid, with an escalation clause, after receiving the building plans. In the construction industry, unit rates are mostly offered against a detailed tender document that gives great Read More
When Is It Time to Re-implement?
One

bid auctions  Enterprise resource planning,enterprise resource planning software,enterprise resource planning implementation,successful erp,survey erp,tool erp,top erp,top erp software,top erp systems,top erp vendors,web based erp,web erp,what is erp,benefits of erp,benefits of erp system Read More
Llamasoft Keeps Supply Chain Design Relevant
It used to be (and it might still be the case in many companies) that supply network design and optimization would be run yearly (or maybe every six months) by

bid auctions  for its CzarLite , Bid$ense , and RateWare solutions, the company serves more than 5,000 customers throughout North America, including shippers, carriers, logistics service providers, and freight-payment companies. The company also partners with leading transportation software developers for interoperability. The SMC³ LTL reference tariff will be accessed via RateWare XL directly from LLamasoft Supply Chain Guru and Transportation Guru software and will provide the rate data necessary to help determine Read More
Who's Who? Sorting Out the e-Logistics Players Part 3: New Solutions
There is a wide range of new 'e-gistics' players emerging to address today’s transportation and logistics challenges, and different solutions will be

bid auctions  s Who? Sorting Out the e-Logistics Players Part 3: New Solutions Executive Summary The fundamental promise of e-commerce is to empower the customer. In transportation, logistics and other behind the scenes aspects of e-commerce, new services and capabilities are beginning to fulfill this promise, not just for Fortune 500 companies but for small and medium firms and for those with specialized requirements as well. These solutions range from e-gistics auctions and marketplaces, through software and Read More
Be There or Be Square? David and Goliath Team on bCentral Auction Site
FairMarket and Microsoft announced the addition of auction services to Microsoft's bCentral, a business portal for small and growing companies.

bid auctions  There or Be Square? David and Goliath Team on bCentral Auction Site Event Summary FairMarketSM, Inc. (NASDAQ: FAIM proposed) and Microsoft, Inc (NASDAQ: MSFT) announced the addition of auctions to the Microsoft bCentralTM portal for small and growing businesses. Product categories range from Business Machines to Uniforms/Business Dress. Auctions are only one aspect of bCentral, which also provides information to small businesses on subjects ranging from how to build a web site to how to recruit Read More
Sony Picks Palm OS
Sony announced plans to build new Palm OS-based hand-held gadgets that could allow people to view videos, listen to music and organize information, thereby

bid auctions  the 3Com Corp. unit's bid to spread its software into the far reaches of lightweight computing. Sony Corp. is betting the popular Palm will help further its ambitions to expand its leadership in consumer electronics into computing. Importantly, 3Com agreed to adapt the Palm operating system to Sony's Memory Stick removable storage medium, which Sony is fighting to get widely accepted for storing and transferring data, sound and images among a variety of gadgets and computers. Market Impact This Read More

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