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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

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...
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

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...
A Couple of
As is the case with white papers, vendors'' press releases (PR) can range from blatant bragging about the

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...
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

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...
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

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 funct Read More...
Agilisys Continues Agilely Post-SCT
From Agilisys'' fresh start illustrated in new account wins, a profitable quarter, and new product enhancements; the market should expect at least a continuation

commodity contracts  for actual lot costing, commodity pricing and agreements, and multi-company and inter-company transactions, among other enhancements. Furthermore, Agilisys believes it deploys a unique development methodology, which embraces collaboration with customers called Concept to Customer , and which centers on collaborative requirements development, design reviews, customer testing of pre-release software, and an Early Upgrade Program . The process is part of a three-point approach to strategic development 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

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...
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

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...
If Software Is A Commodity - Can You Still Win Some Competitive Advantage?
An application product can never provide competitive advantage by itself, it is a function of how and how much is implemented. A good implementation of a

commodity contracts  Software Is A Commodity - Can You Still Win Some Competitive Advantage? The Question If most application software is a commodity (see If Software Is A Commodity...Then What? ), why do some companies gain more benefit and competitive advantage than others (see Commodity Software, Best Practice and Competitive Advantage )? Why do two companies in the same industry, using the same application product see two very different results? One gains competitive advantage and the other sees no change or even a loss Read More...
Biopharma Contracts and Chargeback Systems: A Peek into the Market
Managing revenues, risk, and compliance is critical to the survival of biotech and pharmaceutical companies (biopharma). But the complexity of revenue

commodity contracts  Contracts and Chargeback Systems: A Peek into the Market Managing revenues, risk, and compliance is critical to the survival of biotech and pharmaceutical companies (biopharma). But the complexity of revenue management in biopharma, such as contract and chargebacks, is not handled by ERP solutions. This article looks at contracts and chargeback systems functionality for biopharma and how that could help companies in other industries effectively manage their revenue streams. Read More...
Oracle Announces a Slew of New In-Memory Applications
While SAP has lately given huge publicity to in-memory computing via its incessant promotion of SAP HANA, the technology has been around since the late 1990s

commodity contracts  twenty times faster than commodity hardware. These tools can achieve these impressive speeds by transforming batch processing to real-time and shortening response time with improved user interface (UI) rendering. Contrary to popular belief that in-memory computing is a niche technology designed mainly to run analytics faster, many critical applications and workflows for businesses such as financial close, cost management, what-if projections, and planning often take hours or days to execute. In fact, enti Read More...
6 Secrets to Simplify Field Service
Field service can be complex: scheduling technicians, inventory and repair, service contracts, work order management, and more. There are a lot of moving parts

commodity contracts  field service,field service management,FSM software,field service software,field service scheduling software,ServiceMax Read More...
Upside Software Remains on the Upside of the Contract Management Market
My recent article entitled “Why Should Enterprises Manage their Contracts Closely?” analyzed the importance of enterprise-wide contract lifecycle management

commodity contracts  Software Remains on the Upside of the Contract Management Market My recent article entitled “Why Should Enterprises Manage their Contracts Closely?” analyzed the importance of enterprise-wide contract lifecycle management (CLM) solutions and stated that many enterprises still use inappropriate makeshift tools to manage their important  contractual terms  and conditions. The article concluded with the fact that  enterprise resource planning (ERP)  systems handle transactional details of an Read More...

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