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Engineer-to-Order (ETO ERP)
Engineer-to-Order (ETO 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...
 

 commodity contracts

Sales Force Automation (SFA) RFI/RFP Template

Management of opportunities, sales forecasting, leads, accounts and contacts, activities, territories, contracts, quotes and proposals, partners, analytics, reporting, and more Get this template

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Engineer-to-Order (ETO ERP)
Engineer-to-Order (ETO 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...

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

A Couple of "Five Procurement Commandments" in a Down Economy


As is the case with white papers, vendors' press releases (PR) can range from blatant bragging about the "latest-and-greatest" product capabilities (and other marketing "fluff") to tastefully asserting competence and educating the market about specific issues. One example of the latter would be Emptoris' April 2008 PR on the findings  of a panel of financial and procurement experts that have

commodity contracts  the combination of tight commodity markets/inflation and reduced demand, it is not a normal (traditionally good or bad) economic environment. In anticipation of such a down market even back in 2007, Jason has already written a blog post series about the importance of investing in supply risk management , re-sourcing and more aggressively sourcing existing categories , and moving from fixed to variable cost structures . In the fourth part of his blog series , his attention was turned to the need for com 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

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

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

Federal Contract Management and Vendors' Readiness Part Two: Dealing With the Federal Government


Federal contracts can often be fraught with legal snares for the unseasoned providers.

commodity contracts  Contract Management and Vendors'' Readiness Part Two: Dealing With the Federal Government Dealing With the Federal Government Neophytes will find dealing with the Federal Government perplexing, since the customer in case will act very differently than its commercial counterparts. Also, the additional regulatory requirements impact how eligible contractors are selected, monitored, and paid, and may require the aspiring contracting company to revise internal procedures or enhance its back-office or Read More

Technology Hardware Maintenance-Acquiring and Managing Cost Effective Service


Hardware maintenance can represent a significant information technology cost, but options for managing that cost exist. If you analyze hardware maintenance from an enterprise perspective, you will identify those options and ensure the cost-effective delivery of those services.

commodity contracts  Hardware Maintenance-Acquiring and Managing Cost Effective Service Introduction Who likes getting their car serviced? No one does, but the need for dependable transportation requires us to maintain our cars. A similar situation applies to maintaining a portfolio of technology hardware. The business depends on its reliability, so we must maintain it. This article focuses on how an organization acquires and manages that maintenance service cost-effectively. Identify the Enterprise Portfolio The Read More

TEC Talks to OpenMFGFree and Open Source Software Business ModelsPart Two: OpenMFG


TEC spoke with the President and Chief Executive Officer of OpenMFG, Edward L. Lilly, Jr., to find out how OpenMFG is leveraging commodity Free and open source software platforms to more cost-effectively deliver its own ERP solution.

commodity contracts  more sense for the commodity level infrastructure tools such as operating systems and databases. NL : For a pure open source license, I think so. Generally speaking, the more horizontal the software, the more appropriate pure, free open source is—because the software is more commoditized, by and large. TEC : What are some examples of how your clients are using your software where access to the code works to their advantage? Perhaps not the end user clients but the VARs, where it sounds like you think Read More

SouthWare Excellence Series: Making Excellence Easier Part Four: Application Analysis & Development Environment


This is a complete service management system that is comprised of four specific applications to help companies manage service contracts, track service histories and required preventive maintenance for each piece of equipment under service contract, daily planning and dispatch, and service invoicing.

commodity contracts  dynamics software,enterprise resource planning,enterprise resource planning vendors,equine software,erp accounting software,erp accounting system,erp application,erp applications,erp baan,erp comparison,erp consulting,erp crm,erp for retail,erp for small business,erp ii Read More

Mountainous Investment Transforms Enterprise Management Software Vendor


After decades of father-son stewardship, Deltek has been transformed by a New Mountain Capital LLC majority capital investment. Already a recognized enterprise resource planning leader for North American project-based businesses, Deltek is now looking to strengthen its global position.

commodity contracts  Investment Transforms Enterprise Management Software Vendor Event Summary To say that the last several years were interesting times for doing business would be a huge understatement for Deltek Systems, Inc . And while it intends to stay true to its roots, the period ahead promises to be equally fascinating. Lately, owing to new ownership and leadership, there has been a sense of a new era at the privately held, Herndon, Virginia (US)-based principal provider of enterprise software and 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.

commodity contracts  A Strategic Lever for Bottom-line Improvement Procurement: A Strategic Lever for Bottom-line Improvement If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. ICG Commerce offers flexible procurement outsourcing solutions to help you transform your procurement organization into a true performance driver. For each outsourcing solution, whether comprehensive or focused, our specialists are able to support your unique buying 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

Digital Signatures Good from Arctic to Rio Grande


The U. S. Congress passed a bill making digital signatures legal in commerce. Canada's provinces are in the midst of taking the same action

commodity contracts  Signatures Good from Arctic to Rio Grande Digital Signatures Good from Arctic to Rio Grande D. Geller - July 10, 2000 Event Summary The Electronic Signatures in Global and National Commerce Act'' passed by the U.S. Congress establishes that contracts may not be declared void solely on the grounds that they are recorded electronically or that they are signed or affirmed by an electronic signature. The law applies only to contracts within the jurisdiction of the Congress, those involving interstate or Read More