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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...
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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...
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

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

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...
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...
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 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...
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...
Case Study: PaR Systems, Inc.
Headquartered in Shoreview, Minnesota (US), PaR Systems, Inc. provides specialized material handling and automation equipment to many diverse industries. Each

commodity contracts  Study: PaR Systems, Inc. Headquartered in Shoreview, Minnesota (US), PaR Systems, Inc. provides specialized material handling and automation equipment to many diverse industries. Each of the company’s customer contracts is unique—like a separate job—with charges included for labor and materials in these jobs. Find out how PaR’s engineer-to-order (ETO) solution helps the company manage its contracts—from engineering and manufacturing to final delivery. 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

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...
GMS Accounting and Financial Management System
The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not

commodity contracts   Read More...
Deltek Remains the Master of Its Selected Few Domains Part Four: Deltek''s Differentiators
Deltek has focused on addressing the unique business needs of project-oriented organizations. Its product line has expanded from applications for managing the

commodity contracts  Remains the Master of Its Selected Few Domains Part Four: Deltek''s Differentiators Event Summary Deltek Systems, Inc. ( www.deltek.com ), the leading provider of enterprise software and solutions for project-based businesses and professional services firms, remains committed to a potentially unique, high level of investment in product development as compared to other software companies. According to Kenneth E. deLaski, Deltek President and CEO, the average public software company only invests Read More...
Mobile IT--Commodity or Value-add?
Remote working is not new, but increasing dependence on instant IT access has led to increasing demands for mobile data services. Certainly, these services can

commodity contracts  IT--Commodity or Value-add? Remote working is not new, but increasing dependence on instant IT access has led to increasing demands for mobile data services. Certainly, these services can be complex, and it is valuable to be insulated from the effects of rapid change. But ultimately, mobile access should be considered as just one aspect of IT usage, rather than as a separate entity. 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

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...
Triple Point Technology Acquires WAM Systems
Commodity value chain and supply chain planning (SCP) software apps merged yesterday when Triple Point Technology acquired WAM Systems. Triple Point is a global

commodity contracts  Technology Acquires WAM Systems Commodity value chain and supply chain planning (SCP) software apps merged yesterday when Triple Point Technology acquired WAM Systems . Triple Point is a global provider of cloud and on-premises commodity management software that delivers advanced analytics for optimizing end-to-end commodity and energy value chains. Its solutions manage volatile commodity trading, procurement, enterprise risk management, logistics, scheduling, storage/inventory, processing, settlement, Read More...
New Approaches to Software Pricing
Hearing the complaints of dissatisfied customers, some vendors are developing customer-centric contracts. HarrisData has even gone so far as to draft a Bill of

commodity contracts  If Software Is A Commodity...Then What? and If Software Is A Commodity—Can You Still Win Some Competitive Advantage? . Part three of the Is There a Panacea for Enterprise Software Pricing, Yet? series. Vendors that are disadvantages because of their size, market clout, or brand recognition may want to differentiate themselves by designing and implementing a license agreement that incorporates the customer''s priorities first. Rather than offering a traditional vendor-centric license that changes Read More...

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