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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

strategic procurement definition  Related to Procurement and Strategic Lever : Procurement (Wikipedia) Procurement: A Strategic Lever for Bottom-line Improvement Procurement is also known as : Procurement , EProcurement Software , Procurement Acquisition , Procurement MGMT System , Simplifying Procurement , Search the Procurement Opportunities , Deliver on E-Procurement , Better Procurement Paper , E-Procurement Management , B2B Procurement MGMT , Procurement Provides Functional Management , Procurement Division's Website , Procurement Op Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » strategic procurement definition


Discovering and Creating Value in Procurement through Continuous Assessment and Innovation
Improvement is not simply an idea: it is a process. And processes without frameworks are recipes for underachievement, or worse, chaos. For this reason, value

strategic procurement definition  functional execution are operational. Strategic Procurement Processes Operational Procurement Processes Spend analysis Ordering and fulfillment Supplier determination and assessment Receipt and return Sourcing Invoice and payment Supplier performance management At the process level, in order to achieve incremental benefits, several factors should be considered when aiming for excellence: The organization needs visibility of the spend in terms of category, vendor, and location, for all their units. This me Read More...
New-world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment
The concepts of return on investment (ROI) and total cost of ownership (TCO) have been used for decades in enterprise evaluations of IT investments, including

strategic procurement definition  world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment New-World Value: The Strategic Impact of Business Application Suites in Today's Corporate Environment If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. As the world's leading provider of business software*, SAP delivers products and services that help accelerate business innovation for our customers. Source : SAP Resources Related to Read More...
Measuring the Supply Chain Outside Your Enterprise
Since supply chains, by definition, are about the end-to-end inter-enterprise process, we highlight the growing importance of looking outside your four walls

strategic procurement definition  purchasing risk around making strategic buy decisions, but how it impacts the new product introduction (NPI) schedules and promotions downstream. Many consumer goods and food companies whose products require chicken have learned that cost drivers such as corn, processing, etc. can form a large portion of the cost of the end item. Without the flexibility to pass along the price variability (due to fixed menu prices), they had to develop a strategy for better managing the source of that variability (i.e., 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

strategic procurement definition  (i.e., large buyer in strategic market), software vendors were reluctant to expend abnormal amounts of effort convincing a customer to buy their software. Pre-configured demos, high-level brochures and limited technical documentation were the basic info given to the buyer. Demands for additional evaluation hurdles were often met with delays, excuses, and even flat refusal. But the times have changed and the power is now most certainly in the hands of the buyer where it should be. Returning to our capital Read More...
Getting Strategic Planning and Financial Planning in the Same Bailiwick
To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected

strategic procurement definition  Strategic Planning and Financial Planning in the Same Bailiwick By partnering with operations on balanced scorecard initiatives, financial managers are helping their companies focus on critical business processes and gain consensus on the critical set of measures to help drive desired business results. In addition, with the explosion of Enterprise Resource Planning (ERP) and e-Commerce systems, financial executives are leading the charge in going from theory to practice by developing a cascading Read More...
The Total EAM Vision Strategic Advantages in Asset Management
Physical asset management contributes greatly to the achievement of competitive advantages in capital intensive companies. Particularly in the areas of

strategic procurement definition  Total EAM Vision Strategic Advantages in Asset Management The Total EAM Vision Strategic Advantages in Asset Management Featured Author - Daryl Mather - June 27, 2003 Defining EAM E nterprise A sset M anagement systems (EAM) continue to point the way into the future for capital intensive industries. The combination of functionalities, asset focussed business intelligence and advanced management consulting have allowed some vendors to provide consistently high results to those industries whose operating Read More...
Kinaxis and WNS Enter a Strategic Partnership
Early in 2013, WNS Holdings Ltd, a provider of global business process outsourcing (BPO) services, announced its strategic partnership with Kinaxis, the

strategic procurement definition  and WNS Enter a Strategic Partnership Early in 2013, WNS Holdings Ltd , a provider of global business process outsourcing (BPO) services, announced its  strategic partnership with Kinaxis , the provider of RapidResponse , an enterprise cloud service for supply chain management (SCM) and sales and operations planning (S&OP). RapidResponse is a single product that delivers the underlying planning, simulation, and collaboration capabilities essential to making long-term and short-term demand and supply Read More...
Travel and Procurement: The Convergence
With the globalization of business, the rise of virtual offices, and an increase in traveling employees, travel and entertainment (T&E) spend is ever increasing

strategic procurement definition  and Procurement: The Convergence With the globalization of business, the rise of virtual offices, and an increase in traveling employees, travel and entertainment (T&E) spend is ever increasing. While business travel is considered a vital function and a cost of doing business, it’s not always seen as a category of spend that can be controlled and reduced. To efficiently manage T&E expenses, the procurement department must be involved. Find out why. Read More...
Impact of Sales and Procurement on Reverse Logistics
Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products

strategic procurement definition  of Sales and Procurement on Reverse Logistics Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products remains a constant challenge. A study conducted by Wipro Technologies in collaboration with Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) estimates that the potential cost impact of unsaleables is over $2 billion annually. This study identifies the multitude of challen Read More...
Mahindra Satyam and IFS Enter into Strategic Global Partnership
The agreement between Mahindra Satyam and IFS reportedly covers all territories, so it is truly a global alliance. The solution focus will be on both product

strategic procurement definition  and IFS Enter into Strategic Global Partnership The agreement between Mahindra Satyam and IFS  reportedly covers all territories, so it is truly a global alliance. The solution focus will be on both product/project and asset lifecycle support, so it will cover a broad range of solutions, supporting processes from design/engineering, via build/make, install/construct, and through operations and maintenance, which is a differentiator for IFS since the vendor can support the full lifecycle with one Read More...
Case Study: An ITIL Capacity Assessment and Strategic Alignment
Today, business is driven to change per customers’ needs, and IT organizations must be strategic partners with the lines of business. Information Technology

strategic procurement definition  ITIL Capacity Assessment and Strategic Alignment Today, business is driven to change per customers’ needs, and IT organizations must be strategic partners with the lines of business. Information Technology Infrastructure Library (ITIL) best practices are gaining popularity as one way to manage change. However, implementing ITIL best practices in an IT organization is not without challenges. Learn about the approaches that can be used for successful ITIL implementation. Read More...
The Marketing Services Provider: A Marketer’s Most Strategic Hire
When marketing managers look to expand their teams, they measure individuals on a number of different attributes, including creativity and attention to detail

strategic procurement definition  Provider: A Marketer’s Most Strategic Hire When marketing managers look to expand their teams, they measure individuals on a number of different attributes, including creativity and attention to detail. And it’s no different when signing on with a marketing services provider. When outsourcing a database marketing solution, you should spend time evaluating the services offerings as well as the capabilities of various marketing services providers. Find out how. Read More...
Procurement and Office Supply Companies Ink Deal
PurchasePro and Office Depot have begun a strategic relationship that will make the PurchasePro marketplace available to customers from within Office Depot

strategic procurement definition  (Nasdaq: ODP) announced a strategic relationship to capture the purchasing dollars of corporate America's small and mid-sized businesses. Under the terms of the arrangement, Office Depot will be featured as the preferred provider on PurchasePro's business-to-business marketplace, and Office Depot will mass market PurchasePro's software. In addition, Office Depot, which already held 500,000 shares of PurchasePro, will make an additional equity investment of up to 600,000 shares. Market Impact This is not Read More...
Computer Associates, Baan Japan and EXE Announce Strategic Alliance to Provide Total Supply Chain Management Solutions
On October 4, Computer Associates International, Inc. (CA), Baan Japan, and EXE Inc. announced a strategic alliance designed to enable Japanese companies to

strategic procurement definition  Japan and EXE Announce Strategic Alliance to Provide Total Supply Chain Management Solutions Event Summary On October 4, Computer Associates International, Inc. (CA), Baan Japan, and EXE Inc. announced a strategic alliance designed to enable Japanese companies to create total solutions for the rapidly growing supply chain management (SCM) field. The companies will jointly market the new solutions, which will be built on Unicenter TNG, CA's industry-leading enterprise management software. The new SCM Read More...

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