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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.

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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

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

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

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

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

Eka Plus


Eka is the global leader in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets.

commodity contracts  leader in providing Smart Commodity Management software solutions. Eka’s analytics-driven, end-to-end Commodity Management platform enables companies to efficiently and profitably meet the challenges of complex and volatile markets. Read More

LTCH Picks Spinnaker for SAP Third-party Support


My recent blog post said that third-party software service and maintenance providers continue to peel off lucrative maintenance contracts from large vendors one customer at a time. As the latest example, Spinnaker Support, a provider of SAP and Oracle JD Edwards and Siebel third-party maintenance, application/technical management, and consulting services, recently announced that Swiss manufacturer

commodity contracts  Picks Spinnaker for SAP Third-party Support My  recent blog post  said that third-party software service and maintenance providers continue to peel off lucrative maintenance contracts from large vendors one customer at a time. As the latest example, Spinnaker Support , a provider of SAP and Oracle JD Edwards and Siebel third-party maintenance, application/technical management, and consulting services, recently announced that  Swiss manufacturer LTCH has chosen Spinnaker Support  as its SAP Read More

SAP field service


SAP offers an end-to-end service management solution that can be used across all the departments of a company to manage contracts, process issues, and execute service orders. SAP Field Service is part of SAP Service Management, which offers functionality for service order management, installed-base management, warranty and claim management, parts logistics integration, and mobility. Analytics and big data features are also delivered by SAP to extend its core field service offering. Workforce scheduling and optimization allows users to allocate resources and optimize planning based on factors such as skills, location, customer preferences, and service commitments (as defined by contracts and SLAs). Using optimized schedules and automated processes, dispatchers can decide the most suitable resources for each task. SAP delivers its field service solution particularly to the high-tech, utilities, and industrial manufacturing industries. The solution can be delivered both on premises and in the cloud.

commodity contracts  field service SAP offers an end-to-end service management solution that can be used across all the departments of a company to manage contracts, process issues, and execute service orders. SAP Field Service is part of SAP Service Management, which offers functionality for service order management, installed-base management, warranty and claim management, parts logistics integration, and mobility. Analytics and big data features are also delivered by SAP to extend its core field service offering. Read More

Boeing Expands Baan Licensing Deal


On December 16, Netherlands-based Baan Co. said the Boeing Co. has signed an enterprise-wide licensing deal that could expand its use of Baan's business applications.

commodity contracts  Expands Baan Licensing Deal Event Summary Dutch business-management software maker Baan Co. NV on December 16 said it had expanded the scope of its contracts with Boeing Co. in deals that make Boeing Baan''s largest customer. Baan said it would expand existing contracts with Boeing and its Commercial Airplanes Group to cover Boeing''s military aircraft and missile systems unit and space & communications unit, its two other business segments. Financial terms were not disclosed. Spokesmen for both 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

Emptoris "Procures" Zeborg's Spend Management Expertise Part Two: Market Impact


The Emptoris acquisition of Zeborg is both a wise offensive and defensive move since it combines the resources of two companies that should focus on arguably growing e-sourcing/spend management opportunities. The companies have quite complementary product offerings, industries of focus, and excellent customer references.

commodity contracts  the right contracts or commodity managers. This concludes Part Two of a three-part note. Part One detailed the event. Part Three will present challenges and make user recommendations. Read More

Ten Key Legal Concerns in E-Commerce Ventures and Contracts


IT managers must understand the legal issues – at least well enough to know when there is an issue. E-commerce is so new that lawyers (and the law) are having a tough time keeping up with it, but that doesn’t get the manager off the hook if something that should have been thought about slips through the cracks. Here are a few simple points to keep in mind as you work on any e-commerce project.

commodity contracts  Key Legal Concerns in E-Commerce Ventures and Contracts Why Care About Contracts? The rapid pace of e-commerce development has generally left the legal system struggling to keep up and gasping for breath. In much the same way as companies doing e-commerce must invent new business procedures and rules, the legal system is trying to adapt existing laws to fit new settings where it is simply unclear how these laws will apply. The e-commerce legal tool of choice is the contract. If parties can agree how mat Read More

Stalled Oracle Fumbling For A Jump-Start Kit Part 1: Recent Events


While Oracle's declining revenue and profit continue across main businesses, SAP and Siebel have been extending their leads in respective enterprise application markets, while PeopleSoft has been anticipating turning on the overtaking flashing indicators.

commodity contracts  Oracle Fumbling For A Jump-Start Kit Part 1: Recent Events Event Summary On March 27, Oracle Corporation (NASDAQ: ORCL), the largest database provider and one of the largest providers of software applications for e-business, announced it reshuffled the responsibilities of two key executives with a view to revive precipitously dropping sales of its business software applications. Senior vice president Mark Barrenechea will now lead the company''s new market development group, which will track 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