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Software Functionality Revealed in Detail
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 strategic procurement challenges


Exact Faces Challenges
Exact Software faces significant challenges ranging from competitive challenges to user education, and product definition. Nonetheless, it is still a stalwart

strategic procurement challenges  January 912, explored Exact's strategic groups and global aspirations; and its BPM strategy and products. Part Five presented Exact's acquisition of Vanguard. Challenges Though it has notable strengths, Exact is not without hurdles. In addition to brutal competition from both above and below, the vendor has lower stature and brand recognition compared to its foes, Microsoft , and Sage . Exact also has a smaller channel because it has fewer resellers, and with revenue of close to $300 million (USD), its

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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

Production and Supply Planning RFI/RFP Template

Strategic Supply Chain Planning, Operational Planning, Procurement Collaboration, Order Management, Fulfillment, and Channel Integration, Utilities for Planning Systems, Systems Integration, Product Technology  

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Documents related to » strategic procurement challenges

Supplier Relationship Management: Benefits and Challenges


Properly implemented supplier relationship management solutions can help companies overcome some of today's business challenges by allowing them to restructure their supply chains, align business processes, define and establish company-supplier relationships, and integrate information systems to share information with suppliers.

strategic procurement challenges  and perhaps even at strategic alliance levels, while keeping some suppliers at the procurement relationship level. Figure 2. Strategic relationships in SRM. At its basic level, a purchasing transaction involves buying a product or service from a seller one time only and without any expectation of a repeat transaction. Buying items from a department store or gas at a gas station are examples of this type of transaction. The next level is where an expectation of repeat transactions and a resultant business Read More

The Challenges of the Lawson-Intentia Merger


The new company forged from Lawson and Intentia will have to carefully blend their different corporate cultures, which has traditionally been proud of in-house development spawning a limiting "not invented here" attitude.

strategic procurement challenges  analyzed the market impact. Strategic Alliances and Partnerships This brings us to the opportunity for new Lawson to enter into more strategic alliances with systems integrators (SIS), consultants, and resellers to benefit from the partners' resources, expertise and customer base. Traditionally, both Lawson and Intentia have been remiss to cultivate strategic relationships with system integrators that have also demonstrated vertical expertise. Yet, the main cause of Intentia's protracted losses is that 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.

strategic procurement challenges  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 developments. This part explains the Benefits of e-procurement and includes examples of major corporations that are pursuing e-procurement. About This Article This article will appear on this site in five parts. Each part will contain links to the preceding parts. Part 2 will discuss the potential Efficiency Gains of e-procure Read More

First Look: Peregrine Offers Cradle to Grave Procurement


Peregrine's Get.Resources is an E-procurement system that contains features to manage the acquisition of capital assets and track their lifecycle costs. The product supports a number of different kinds of supplier arrangements ranging from internally hosted catalogs to links with Commerce One's MarketSite. This article offers a pre-release look at Peregrine's product and strategy.

strategic procurement challenges  by acquisition or by strategic alliance involving significant equity investment. It seems safe to predict that with Peregrine's emphasis on Total Cost of Ownership (TCO), an early addition to the product or product suite will be some way for a company to realize revenue upon retirement of assets. This will most likely take the form of an auction-based marketplace. Get.Resources is implemented as a collection of server-side Java functions (servelets). These deliver pure HTML to the user's browser; no Read More

E-Procurement Is Not Electronic Purchasing - Part II


Three minutes of labor from purchase requisition to invoice payment; fully executed due diligence; commitment authorization and no delays. That is the promise of e-procurement and the potential is there for the taking - but not without risk. Extensive preparation is necessary and full integration with related business processes is essential to realize the full value from an e-procurement investment.

strategic procurement challenges  Procurement Is Not Electronic Purchasing - Part II E-Procurement Is Not Electronic Purchasing - Part I I J. Dowling, C. Sabean, and D. Geller - November 14, 2000 Introduction This second part of an extended note on e-procurement examines the necessary steps after a business decision to go with e-procurement has been made based on the information and criteria covered in Part I. E-procurement is an integrated system of services and technologies that provides a seamless bridge between buying and selling Read More

How to Navigate Today’s Supply Chain Challenges


Traditionally, enterprise resource planning (ERP) served as a system of record and managed common tasks, transactions, and disparate business processes across the organization. However, the role of ERP has expanded to consider new technology forces that impact the way users interact with systems and new models for software deployment. Likewise, as businesses look to establish themselves as preferred trading partners, strive to cope with economic uncertainty, or extend services and products to new markets, greater demands are now placed on ERP software. Therefore, the role of the ERP system has had to expand. Download this white paper now to learn how today's ERP systems cope with current supply chain challenges.

strategic procurement challenges  ERP,Epicor,enterprise resource planning,supply chain management,SCM Read More

Strategic Profitability Management: an Opportunity for Finance Departments


In Strategic Profitability Management, you'll discover a better approach to profitability management one that allows you to...

strategic procurement challenges  the wrong customers. In Strategic Profitability Management , you'll discover a better approach to profitability management—one that allows you to achieve the widest possible margins align profit objectives with corporate strategy optimize your response to changing business and market conditions act on what-if scenarios identify and address the causes of under-performing or over-performing units or departments Learn how to effectively manage profitability by balancing your top line, bottom line, and Read More

Strategic Systems International


Strategic Systems International (SSI) provides software development services to software companies, information providers, business services firms, and consulting companies.

strategic procurement challenges  Systems International Strategic Systems International (SSI) provides software development services to software companies, information providers, business services firms, and consulting companies. Read More

Integrated Business Planning: Taking Strategic Planning to the Competitive Edge


Some managers have concluded that strategic planning is nothing more than an exercise in futility, to be taken out and dusted off at annual meetings. However, strategic planning can still help direct your company and improve earnings. The trick is strategizing well—which means having all the information you need, when you need it. Find out how to hone your competitive edge with integrated business planning capabilities.

strategic procurement challenges  Business Planning: Taking Strategic Planning to the Competitive Edge Some managers have concluded that strategic planning is nothing more than an exercise in futility, to be taken out and dusted off at annual meetings. However, strategic planning can still help direct your company and improve earnings. The trick is strategizing well—which means having all the information you need, when you need it. Find out how to hone your competitive edge with integrated business planning capabilities. Read More

Working Toward Truly Strategic Partnerships


If good partnerships seem to be a rarity, true and lasting relationships that benefit both parties are downright unique. How to avoid a Barney relationship and create a partnership that really works!

strategic procurement challenges  Toward Truly Strategic Partnerships Introduction You may not have heard the term, but the concept of Barney relationship brings the same image to everyone. I love you, you love me, and we dance off into the sunset together. But, so what? What does it really mean to either one of us? In a Barney relationship, the answer is that it means nothing: all fluff and no substance. Unfortunately, that is also a good description of most of the partnerships that are formed in our world of software Read More

Technology's Role in Strategic Human Resources


The human resources (HR) department can—and should—deliver contributions to the organization's bottom line. Through technologies and service providers, HR can move from being merely a cost center to being an essential component for achieving corporate objectives.

strategic procurement challenges  s Role in Strategic Human Resources The Imperative for Strategic Contribution Most chief executive officers (CEOs) are challenging their human resources (HR) departments to make more strategic contributions to the organization. With HR traditionally viewed as a cost center, it is often difficult to know precisely what that means. CEOs, who are focused on growth, earnings, and shareholder returns, want HR to support corporate business objectives and to have the necessary data to support business Read More

Credit Accounting Firm with E-procurement Initiative


Top accountant and auditor PricewaterhouseCoopers creates an E-purchasing marketplace and portal.

strategic procurement challenges  Accounting Firm with E-procurement Initiative Event Summary As a $17 billion company, privately held PricewaterhouseCoopers has tremendous leverage when it goes to the marketplace to make purchases. Now the company is offering to share that leverage by creating a purchasing consortium. Its new e.conomy marketplace will offer members the ability to purchase products, services, travel and software. It will also cover best practices, contract negotiation, and other content areas. The marketplace was lau Read More

How Bad Can It Get? Challenges in the Distribution Industry


Manufacturers serving such retail giants as Wal-Mart or Costco are exposed to severe challenges—not only because of the economies of scale these outlets demand, but also because of the investment required in technology and capital equipment to manage the sheer volume of manufactured goods. With a weak economy, which usually translates into weak retail sales, these organizations may

strategic procurement challenges   Read More

Lean as a Response to Global Outsourcing Challenges


The recent trend of manufacturing companies in outsourcing their production tasks to other parts of the world has certainly been effective in reducing production costs and increasing profit margins, but at the cost of complex supply chains and inability to quickly respond to new requests or demand changes. Learn how lean production can address global outsourcing challenges and help your company realize strategic growth.

strategic procurement challenges  goals Long-term business objectives; strategic vision Short-term business goals; quarter or year profit−based Ultimate business success calculation base Maximal value created for customer; minimal waste processes Maximal profit margin; minimal product cost Stance on business complexity Simplified business processes Complicated business processes Stance on improvement Continuous improvement process Discrete improvement projects Ultimate goal at the process level Elimination of waste and unnecessary Read More