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 procurement procedures purchases


The Wheres of Electronic Procurement
An overview of one of the central issues facing a deployment of e-procurement: Who controls the software?

procurement procedures purchases  available, how well the procurement functions integrate with corporate procedures and back-end systems, and how convenient the result is for the buyer's employees. In the Main Street model each vendor puts up its own catalog, possibly on an extranet. A company in partnership with such a vendor can have its employees navigate to the vendor site with their desktop browsers and make purchases. No catalog maintenance needs to be performed by the purchasing company, which makes adoption of such a system cheap

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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 » procurement procedures purchases

JDA Portfolio: For the Retail Industry Part Three: JDA Portfolio 2004.1 Continued


With its new business model, JDA plans to build upon the broadening collective JDA Portfolio product lines to enable its customers to achieve a new level of operational excellence.

procurement procedures purchases  automates the entire media procurement process, including issuing purchase orders and insertion orders, as well as tracking invoices and revisions, to increase accuracy and associate productivity. 7. Portfolio Advanced Optimization Portfolio Advanced Optimization solutions are predictive and descriptive mathematical modeling applications that should help customers dealing with increased pressure to localize assortments and offer a more unique store-level identity. To that end, by blending the science of Read More

New Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement


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.

procurement procedures purchases  estimates that electronic-commerce related procurement process improvements will save over $200 million annually, and believes that substantial further gains can be achieved. Yes, the numbers are staggering, and the potential of e-procurement as an element of business-to-business e-commerce is dramatic. But it is important to recognize that IBM's program has been 5 years in the making and has required a virtual transformation of its entire set of traditional procedures for contracting, ordering, payment, Read More

SSA GT Beefs Up BPCS V8 Through Partnerships' Spree


With a flurry of alliance making activities, SSA GT is executing a strategy to save the company from oblivion by extending the value proposition to existing customer base. SSA GT seemingly intends to achieve its all-round product portfolio and implementation approach through in-depth strategic partnerships with specialized application providers. There are significant differences however between SSA GT's and other vendors (for example, Baan's or Ross Systems') comeback approaches.

procurement procedures purchases  facilitating the management of procurement approval procedures and the generation and tracking of purchase orders until goods are received. Built using IBM WebSphere Commerce Suite , this solution reportedly offers a low-risk entry into complete on-line procurement by reducing the time and costs of developing a comprehensive, interactive solution for managing both sales and purchases. BPCS eProcurement initially focuses on maintenance, repair and operations (MRO), procurement and strategic sourcing. SSA Read More

E-business Buy Side Success at H.B. Fuller


Chemical Company H.B. Fuller leveraged e-business to impact their procurement operations. This article discusses their objectives, the solution and the results.

procurement procedures purchases  the effectiveness of their procurement people and procedures while addressing administrative cost. Company Problem    Like many traditional manufacturing companies, H.B. Fuller was still using many manual and time consuming procurement processes in a digital world. Given the volume of transactions with suppliers, 20,000 purchases orders per year for direct goods, there were tremendous inefficiencies associated with faxing, paper forms, re-keying, as well as opportunities for errors. Cutting a purchase Read More

How To Monitor Your Savings In Outsourcing


This white paper will give you ideas and procedures for monitoring your savings when you invest in outsourcing projects.

procurement procedures purchases  To Monitor Your Savings In Outsourcing This white paper will give you ideas and procedures for monitoring your savings when you invest in outsourcing projects. Read More

Sodebo Selects DynaSys Demand Planning Solution


About a year ago, QAD made the wise and relatively inexpensive acquisition of DynaSys in France for sales and operations planning (S@OP), procurement planning, production planning, distribution planning, demand planning, strategic network planning, and inventory optimization capabilities. Strasbourg is now a supply chain management (SCM) competence center for QAD, as DynaSys has 27 years of

procurement procedures purchases  and operations planning (S&OP), procurement planning, production planning, distribution planning, demand planning, strategic network planning, and inventory optimization capabilities. Strasbourg is now a supply chain management (SCM) competence center for QAD, as DynaSys has 27 years of experience and several million (USD) in revenues. About 20 percent of its customers are joint with QAD. QAD can now vicariously tackle some other industries where it hasn’t had much success in light of its traditional Read More

Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 1


My previous blog entry about procurement commandments in a down economy also made me think about whether there are different priorities for the chief procurement officer (CPO) during prosperous economic times. Or, how different are (or should be) the CPO’s strategies in good versus bad times? Well, the CPO’s fundamental objectives do not change: procure the physical goods and services needed by

procurement procedures purchases  previous blog entry about procurement commandments in a down economy also made me think about whether there are different priorities for the chief procurement officer (CPO) during prosperous economic times. Or, how different are (or should be) the CPO’s strategies in good versus bad times? Well, the CPO’s fundamental objectives do not change: procure the physical goods and services needed by the company at the best possible mix of price and performance (non-price features). The focus can shift at Read More

Credit Card Fraud Detection: Advanced Analytics in Action or Pure Luck?


Have you ever wondered how credit card companies are capable of detecting purchases that a particular card holder did not make? Do these companies make use of advanced analytics to detect fraudulent purchasing behaviors or do they simply detect these actions by pure luck? A recent incident with my credit card prompted me to investigate further. Here’s what happened. I recently

procurement procedures purchases   Read More

IONA Purchases Netfish Technologies (And Much, Much More)


As the last step in a long list of acquisitions, IONA Technologies has purchased Netfish Technologies, a provider of integrated XML-based B2B process collaboration solutions. This acquisition, along with six others including the Sagavista EAI technology, completes IONA’s strategy to create a Total Business Integration™ solution with the IONA Suite.

procurement procedures purchases  iona technologies,corba,iona orbix,corba orbix,corba tao,iona corba,artix,corba net,corba basics,orbix,corba application Read More

Remedy Plots A Course To Travel And Expense Capabilities


Remedy further extends the capabilities of its self-service e-procurement application with Necho’s travel and entertainment expense product.

procurement procedures purchases  Java solution that supports procurement and T&E cards, foreign tax and VAT reporting, security features that include the use of SSL (secure socket layer) protocols and proprietary database encryption, and a rich language for defining and validating workflow rules. Remedy has extensive experience with workflow-based products (see Remedy Corporation: Poised for a Comeback? ), ranging from its traditional help desk product through its most recent employee self-service products such as Purchasing@Work and Read More

Business Process Management: Taking ERP Beyond Departmental and Data-centric Boundaries


Business process management (BPM) is a term used by many organizations to refer to the procedures that tie diverse operations together. However, as technology vendors come up with BPM solutions, they often fail to focus on the entire organization, leaving certain segments of the enterprise fragmented and fending for themselves. So how can you bring the employees and processes living outside the system back into the fold?

procurement procedures purchases  Process Management: Taking ERP Beyond Departmental and Data-centric Boundaries Business process management (BPM) is a term used by many organizations to refer to the procedures that tie diverse operations together. However, as technology vendors come up with BPM solutions, they often fail to focus on the entire organization, leaving certain segments of the enterprise fragmented and fending for themselves. So how can you bring the employees and processes living outside the system back into the Read More

Commerce One: First SAP, then Microsoft. But What About Clarus?


Commerce One announced an expanded partnership with Microsoft. Will e-procurement be an integral part of your next operating system?

procurement procedures purchases  that shares of another e-procurement vendor, Clarus dropped 18% on the news - or, to be accurate, Clarus shares dropped and some analysts attributed the drop to the news about Commerce One, reasoning that Clarus' own relationship with Microsoft would be weakened by the Commerce One deal. Market Impact TEC is concerned but somewhat skeptical about the relationship between the Commerce One deal and the Clarus drop. As Figure 1 shows, Clarus' stock problems do predate the Commerce One-Microsoft Read More

New Dimensions in EC and SCM Part 1: The Benefits of E-Procurement


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.

procurement procedures purchases  cost structure -- making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability. Electronic commerce offers exciting new possibilities for businesses to improve their performance on this important upstream supply 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 Read More

Remedy Corporation: Poised for a Comeback?


Once the toast of Wall Street, Remedy has redefined its business. With products in CRM, service management and e-procurement (and others), and propelled by something unusual – profits – the company is hoping to regain its former luster.

procurement procedures purchases  newest applications eCRM and eProcurement. In 1999 46% of revenues came from partners. Most revenues outside the United States come via partner relationships. Over 90% of customers renew their maintenance agreements on a yearly basis. Figure 3 Remedy has some noteworthy financial credentials. It has a healthy 13% profit margin (19% operating margin) and boasts an excellent average collection period of 72 days. However, some recent trends bear watching. The ratio of net income to net sales decreased Read More