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Software Functionality Revealed in Detail
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 commodity contracts

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

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » commodity contracts

Why Should Enterprises Manage their Contracts Closely?


For companies handling many contracts, ensuring trading partners adhere to contract details is often too cumbersome to be executed without enabling technology. Contract lifecycle management (CLM) solutions enable companies to take control of their contracts in order to understand the requirements of trading partners and their ability to meet the contract parameters, and to reduce the organization’s risk to exposure.

commodity contracts  dollar value, type of commodity, type of contract, date ranges, and codes for specific cost centers. To be successful in enterprise CLM, companies need functionality to support both buy-side and sell-side types of contracts. There is immense value in having one solution cater to all departments within an enterprise due to a lower total cost of ownership (TCO), lower audit costs, fewer systems to maintain, reduced training costs, etc.   Contract Lifecycle Steps Experts have defined the steps typical to a Read More

Differences in Complexity between B2C and B2B E-commerce


Business-to-business (B2B) selling has proven to be more intricate than business-to-consumer (B2C) selling, as B2B involves dealing with longer-term contracts and complex products with specific requirements that are not needed in the consumer world.

commodity contracts  to move from mere commodity procurement into product design, financial settlement, fulfillment, resellers and channel management, logistics, and many other value-adding collaborative trading functions, in addition to integrating all that functionality into a corporation''s back-office systems, which could potentially be the most value-adding proposition. The fact was also that many business-to-consumer (B2C) e-commerce providers had rushed into a then seemingly more prosperous B2B space after the B2C Read More

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 presents a framework to structure and gain maximum mileage out of the RA process.

commodity contracts  on the basis of commodity profiling, the procurement specialist knows that there is a surge in demand of the base raw material, the auction can be timed appropriately. Vendor base and selection of suppliers should be done while keeping in mind that although supply cost reduction is important, it is not the only parameter. While the basic premise of an auction is to obtain the maximum savings, it is not always prudent to award contracts just on the basis of least cost . For one, if the least cost supplier Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is cost.

commodity contracts  invoiced in different currencies. Commodity traders are well aware that contracts to supply over a twelve-month period can severely erode profit margins if currency exchange rates fluctuate significantly, so they buy or sell their currencies forward to protect their margins. Some retail chains share the risk in exchange for lower shelf prices by negotiating sales contracts with built-in currency clauses. If the exchange rate fluctuates outside predefined tolerances, the food distributor can adjust the cus Read More

The Hidden Gems of the Enterprise Application Space Part Two: Sorting and Selecting SRM Software


No vendor provides all (if even a majority) of the required solutions for a full SRM initiative at this stage, so almost all solutions will involve best-of-breed components.

commodity contracts  suppliers, lack of standardized commodity codes, etc. are all too common practices. Thus, while planning the long-term SCM technology architecture, enterprises should rationalize their data and refine their spending analysis iteratively. To rationalize the supplier master data, establish a corporate commodity-coding schema, and get contracts in line, by possibly leveraging specialized service providers (e.g., audit firms, etc.) would be first steps toward near real time reliable reporting to provide the c Read More

dbcSMARTsoft


PDG Group Model 845 dbcSMARTsoft is a complete trading, risk management, merchandising and accounting solution for companies who buy, sell, warehouse, merchandise or transform commodities – especially to manage exposure to commodity prices and currency fluctuations. 

commodity contracts  to manage exposure to commodity prices and currency fluctuations. Read More

BigMachines: Getting Bigger and Better - Part I


I recently attended Gartner’s CRM Summit in Scottsdale, Arizona (US). During the conference, I bumped into several old acquaintances who are working for various customer relationship management (CRM) software vendors. One of the vendors that attended the conference was BigMachines, a provider of inventive software-as-a-service (SaaS) configure, price, and quote (CPQ)/quote

commodity contracts  Getting Bigger and Better - Part I I recently attended Gartner’s CRM Summit in Scottsdale, Arizona (US) . During the conference, I bumped into several old acquaintances who are working for various  customer relationship management (CRM)  software vendors. One of the vendors that attended the conference was  BigMachines , a provider of inventive  software-as-a-service (SaaS)  configure, price, and quote (CPQ)/ quote-to-order (Q2O)  solutions. Generally speaking, Web-based  product Read More

Deltek Providing Clarity for Government Contractors


TEC’s mid-2011 article, which reported on the Deltek Insight 2011 conference, indicated that Deltek has lately become the leader in market intelligence for government contractors (in addition to long being the leading provider of GovCon enterprise software solutions and professional services). By using Deltek’s market intelligence services, companies are able to benchmark their performance against

commodity contracts  Providing Clarity for Government Contractors TEC ’s mid-2011 article, which reported on the Deltek Insight 2011 conference, indicated that Deltek has lately become the leader in market intelligence for government contractors (in addition to long being the leading provider of GovCon enterprise software solutions and professional services) . By using Deltek’s market intelligence services, companies are able to benchmark their performance against their GovCon peers. As of late 2011, Deltek has Read More

The Executive Guide to Contract and Chargeback Management


Life sciences companies are struggling to manage large group purchase organization (GPO) contracts, process chargeback submissions, and ensure that pricing policies comply with regulatory requirements. Costs and risks are escalating as these demands outstrip the capabilities of existing systems. Learn how contract and chargeback management solutions can help you maximize growth while limiting regulatory risk.

commodity contracts  Executive Guide to Contract and Chargeback Management With deductions from chargebacks ranging from 2 to 15 percent of gross revenue, manufacturers of all sizes recognize that this single aspect of their business can determine whether or not they can achieve and sustain profitability. They know that accurate adjudication of chargebacks is critical to their ability to demonstrate Medicare/Medicaid pricing compliance, and that fines for improper government pricing can range from tens of millions to Read More

Thou Shalt Manage (and Cherish) Thy (Best) Suppliers


In its recent report, Shifting C-level Business Priorities as the Recovery Takes Hold, Saugatuck Technologies claims that top business priorities are returning to a pattern more consistent with a growth economy. Read this in-depth report from TEC Analyst P.J. Jakovljevic to find out why supplier management is crucial.

commodity contracts  discerned in their particular commodity (e.g., steel ingots or plastic resin) across all business units. In addition, they might want to know how many vendors account for the top 50 percent of, say, the transportation spend, and what percentages of the transportations spend is with preferred suppliers. Chief procurement officers (CPOs) and chief financial officers (CFOs) care about the “bigger picture” issues, such as how the global program is performing and where the next wave of opportunities might Read More

Leveraging Intellectual Property: Why Corporate Knowledge and IP Are Critical to Your Business


Intellectual property (IP) is a valuable commodity. And today, companies can use new technology, new practices, and organizational alignment to reap the value of corporate IP. The catchphrase of the 80s and 90s was “other people’s money.” But the catchphrase for the new millennium is “other people’s IP.” (Part One of a two-part series.)

commodity contracts  (IP) is a valuable commodity. And today, companies can use new technology, new practices, and organizational alignment to reap the value of corporate IP. The catchphrase of the 80s and 90s was “other people’s money.” But the catchphrase for the new millennium is “other people’s IP.” (Part One of a two-part series.) Read More

Scalable Data Systems


Scalable Data Systems is one of APAC’s most experienced Microsoft Dynamics AX partners. The company manages a wide variety of implementations, from rapid fast-track projects to complex integration and development projects. Scalable has over 25 years of experience developing best-practice industry solutions and individual horizontal modules. Scalable provides dedicated industry solutions for manufacturing and supply chain/distribution, with verticals for food and beverage, chemicals, agri/animal feed, and commodity trading industries. Scalable's solutions are suitable for process, discrete, and batch (mixed-mode) manufacturing. Over the past 12 years, Scalable Data Systems has been developing solutions to compliment/enhance the Dynamics AX series in the manufacturing and supply chain/distribution, commodity procurement/trading, and mining sectors. Scalable has developed or is developing a number of solutions which also support the Dynamics AX 2012 series in the mining and mining supply sector.

commodity contracts  chemicals, agri/animal feed, and commodity trading industries. Scalable''s solutions are suitable for process, discrete, and batch (mixed-mode) manufacturing. Over the past 12 years, Scalable Data Systems has been developing solutions to compliment/enhance the Dynamics AX series in the manufacturing and supply chain/distribution, commodity procurement/trading, and mining sectors. Scalable has developed or is developing a number of solutions which also support the Dynamics AX 2012 series in the mining and Read More

Federal Contract Management and Vendors' Readiness Part One: Entry of Small Vendors into Federal Contracts


When all enterprise vendors go for ERP and like solutions to help improve the business of small, midsize, and large aerospace and defense (A&D); engineer-to-order (ETO); contract manufacturing; maintenance, repair, and overhaul (MRO); and like project-oriented manufacturing companies they may face the need to meet government contract requirements.

commodity contracts  Contract Management and Vendors'' Readiness Part One: Entry of Small Vendors into Federal Contracts Event Summary In the market for application software there is a large number of small, highly focused vendors. The business model for these vendors focuses on a relatively small, tightly defined market with specific requirements that cannot be met with more generic products. These specialists, boutique, or niche vendors (neither of these terms is meant in a derogatory manner) will compete by having Read More

Coupa 10 Heralds Sourcing for the Masses


Coupa Software, a provider of cloud-based spend optimization solutions for finance, recently announced the release of Coupa 10. The new release features an entirely new sourcing application designed to bring sourcing to the masses by intelligently guiding users to select the best sourcing opportunities to save money based on real-time analysis of their current spend. It further enhances the

commodity contracts  10 Heralds Sourcing for the Masses Coupa Software , a provider of cloud-based spend optimization solutions for finance, recently announced the  release of Coupa 10 . The new release features an entirely new sourcing application designed to bring sourcing to the masses by intelligently guiding users to select the best sourcing opportunities to save money based on real-time analysis of their current spend. It further enhances the capabilities of Coupa’s suite of organic cloud-based procurement Read More