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 indirect procurement categories


Ariba LIVE 2014—Spotlight on Procurement and Predictive
Ariba LIVE 2014 was the 15th annual customer conference by Ariba, an SAP company, and the largest one thus far with 2,200 attendees. The major themes of this

indirect procurement categories  analogy comparing direct and indirect spend and how ERP systems generally control these. You’ve just spent a long time clearing out the garage, and it is now all clean and tidy, with everything well labeled and all the junk removed. But then your wife says “Honey, now that you’ve done that, can you take a look at the attic?” The dark and dirty attic is even worse than the garage, full of unlabeled boxes, stuffed in the space haphazardly. The garage (direct spend) is fine, but the attic (indirect

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

E-procurement RFI/RFP Template

Buying Entity Features, Selling Entity Features, Consulting services, Marketplace, Asset Management, Product Technology  

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Documents related to » indirect procurement categories

New Dimensions in EC and SCM Part 4: Using E-Procurement to Leverage Volume


A straightforward way to drive prices down and obtain increased supplier attention is to leverage total purchasing volume through Internet-based auctions. This part addresses the implications of using e-procurement to Leverage Volume, including leveraging volume through outsourcing.

indirect procurement categories  chain activity, both for indirect or support items and, increasingly, for materials that are direct components of the products and services that businesses make and sell. As in many areas of e-commerce, the wide variety of alternatives can be confusing. This article outlines some of the major recent developments in e-procurement and the important strategic and tactical choices that companies need to make in order to answer these questions and to take full advantage of new buy side e-commerce Read More

Emptoris "Procures" Zeborg's Spend Management Expertise Part Two: Market Impact


The Emptoris acquisition of Zeborg is both a wise offensive and defensive move since it combines the resources of two companies that should focus on arguably growing e-sourcing/spend management opportunities. The companies have quite complementary product offerings, industries of focus, and excellent customer references.

indirect procurement categories  sift out their above-mentioned indirect procurement spending, and then attain savings in those specific categories. Filling Emptoris' spend management capability gap, Zeborg focuses on the front of the sourcing process by providing turnkey data cleansing, cross-referencing and category classification services, and an advanced analytics engine for detailed spend data management and analysis. Its premier module, ExpenseMap , aims at giving a granular view of spending as a means to uncover better supply Read More

Procurement: A Strategic Lever for Bottom-line Improvement


Companies are successfully realizing benefits from their procurement initiatives, and viewing procurement as an integral part of their overall corporate strategy. They no longer perceive procurement as a cost center, but rather as a strategic lever for improving profits or funding new initiatives. Procurement opportunities are significant—translating directly, with no dilution, into measurable, hard dollar profit increases.

indirect procurement categories  a 5% reduction in indirect expenses alone generates a 34% improvement in earnings per share for a company with a 10% operating margin. While the financial impact of procurement is dramatic, the associated risks and costs are relatively low, especially when compared to other cost reduction initiatives such as decommissioning plants or layoffs. Rather than contending with the negative impact created by more drastic cost-cutting measures, procurement initiatives generate the best kind of results: positive Read More

New Dimensions in EC and SCM Part 3: E-Procurement Can Broaden the Supplier Pool


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

indirect procurement categories  initially focused mostly on indirect materials and support services, since they were arguably the items that are critical to a business and least risky to buy through these new methods. However, there has been a rapid expansion of categories that are covered, and now just about anything a business needs, including critical raw materials, components, subassemblies, and even basic commodities such as fuel and agricultural products can be bought using horizontal or vertical exchanges. Dealing With Multiple Read More

Basware


Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, for greater efficiencies in procurement, accounts payable, and accounts receivable. Basware was founded in 1985 and is headquartered in Helsinki, Finland. With a deep knowledge of B2B financial processes with intelligent cloud connectivity Basware connects millions of business users in 900,000 companies across more than 100 countries.

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5 Signs It’s Time to Gain Control of Your Spend


Indirect spend—the cost of goods and services that are not directly incorporated into your product—is a blind spot for most companies. And the more quickly you grow, the faster indirect spend gets out of hand—and the more it affects your company’s bottom line. How do you know when to upgrade your spend management system and gain control of your spend? Here are five signs that the time is now.

indirect procurement categories  Control of Your Spend Indirect spend—the cost of goods and services that are not directly incorporated into your product—is a blind spot for most companies. And the more quickly you grow, the faster indirect spend gets out of hand—and the more it affects your company’s bottom line. How do you know when to upgrade your spend management system and gain control of your spend? Here are five signs that the time is now. Read More

Can ERP Speak PLM?


Because product lifecycle management (PLM) offers a host of benefits to manufacturers, it has become one of the fastest growing categories of enterprise applications. But a PLM system needs to work hand-in-hand with an enterprise resource planning system, so how can an organization integrate these two enterprise applications, which "speak" in different languages?

indirect procurement categories  product lifecycle management,PLM,computer-aided engineering,CAE,product data management,PDM,supply chain management,SCM,customer relationship management,CRM,enterprise resource planning,ERP,product design,engineering change process Read More

Comparison Guide for Enterprise Phone Systems


This guide provides a chart that compares 22 enterprise phone systems, in categories such as product and buyer types, pricing, how to purchase the systems, and partner ecosystems, and also gives information about the financials and founding year of each vendor.

indirect procurement categories  Ziff Davis,phone system,telephony,enterprise phone system,comparison guide Read More

Negotiating the Best Software Deal


TechnologyEvaluation.COM analysts have separated the software negotiation process into three discrete categories. All three are critical individually, yet should always be pursued within the context of the larger discussion.

indirect procurement categories  software maintenance,negotiating seminars,negotiating training,negotiation lewicki,negotiation seminar,negotiation seminars,negotiation workshops,contract negotiator,negotiator career,negotiation training,negotiation consultant,negotiating seminar,negotiation skills seminar,negotiations training,software maintenance fees Read More

With Commerce One, Your Reach May Be The Same As Your Grasp


Commerce One has announced a broad range of initiatives aimed at extending its E-procurement solutions and technology across the supply chain. The company announced that this completes its procurement offerings; what will it do next?

indirect procurement categories  to access information about indirect suppliers S4, S5, and S6 directly or would be assured that S1, S2, and S3 were giving reliable estimates because they were using the same software. There are other software systems that attempt this same level of information integration, but Commerce One's approach, if successful, will be an order of magnitude more effective. This is because existing systems may be able to integrate planning information but do not provide a mechanism for the purchase of goods. Such a Read More

Concur Scores A Bingo


Concur took a quantum leap in providing E-procurement services to small and mid-sized businesses by partnering with Nortel Networks and SAFECO. The resulting Concur Business Advantage will provide leveraged buying services to customers.

indirect procurement categories  management,concur,expense report,vendor management,travel software,accounts payable software,expense management,expense software,concure,expense report software,expense reports,expense reporting,expense tracking software,expenses software,concur expense Read More

If Software Is A Commodity...Then What?


Many, if not most categories of software have become commodities. Vendors hate to hear it, but most of the products in a category produce the same results, pretty much in the same way. If this is true, how do user select the right vendor? How does a vendor get selected?

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'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study


Now in 2001, the catchphrase is 'Collaborative Commerce', where we unite all of the elements of ERP, CRM, E-Procurement, and SCM into one coherent system within and between organizations. This is the stuff system integrators dream of.

indirect procurement categories  erp vendors,erp software,infor software,hosted crm,erp fashion,syteline software,erp software vendors,erp providers,erp saas,erp products,syspro erp,web erp,online erp,free erp,companies crm Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

indirect procurement categories  Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement Recommendations for Improvement Take a Guide Software evaluation and selection is a learning process. The selection team will learn a great deal about itself, the company requirements, external software vendors, application software tools, and outside consultants. During this journey of discovery it is often helpful to take a guide someone who has been there before and can lead you through the process. When looking Read More