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Discrete Manufacturing (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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TOA Technologies Raises Significant New Funds to Expand FSM Space
TOA Technologies has recently raised $66 million [USD] from Technology Crossover Ventures (TCV) to continue to expand and execute on its vision for better field

funds  Technologies Raises Significant New Funds to Expand FSM Space TOA Technologies has  recently raised $66 million [USD] from Technology Crossover Ventures (TCV) to continue to expand  and execute on its vision for better field service management (FSM) globally. This announcement is important, as this is the largest single funding round in FSM software to date. FSM is a growing software market, and this news shows that it is quickly increasing in value and relevance globally. Field service has become Read More...
Food Safety, Government Regulations, and Brand Protection
Many food companies are investing significant funds in building awareness for their brands in the market, which can pay off amply in competitive, commodity

funds  companies are investing significant funds and effort in building awareness for their brands in the market, which can pay off amply in competitive, commodity markets. One highly publicized recall (and the negative image generated in the media), however, can turn an established brand asset into a liability. Nervous consumers can cause distributors and brokers to quickly abandon such tainted products in the channel. Non-branded manufacturers, such as ingredient suppliers or private-label manufacturers, can Read More...
Maximizing the Value of Economic Stimulus Funds: Transparency and Accountability in Government Agencies
The American Recovery and Reinvestment Act (ARRA), designed to quickly stimulate economic recovery in the US, also marks the start of a new era in the

funds  are discovering that ARRA funds come with complex requirements that must be addressed as part of participating in the program. Increasingly, they realize that they need to take action early on to administer large programs while conforming to the president''s mandate to use taxpayer funds effectively. Key areas of concern include: Maximum use of funds. Agencies must manage ARRA funds to optimize the benefit provided to individual citizens, the community, and the overall economy of the United States. Read More...
Security Snafu at NetBank
Online internet bank NetBank suffered an embarrassing security exposure late last week when a customer discovered he had access to more funds and information

funds  social security number, and funds. Rao had to call NetBank five times before the problem was resolved. According to Tom Cable, Chief Technology Officer of NetBank, the problem occurred due to human error. NetBank is an FDIC insured institution. According to Cynthia Bonnette, spokeswoman for the FDIC, Significant implications for security and privacy are raised by this reported incident. Market Impact Incidences like the one at NetBank affect not only the institution in question, but the entire online Read More...
Controlling Complex Trade Promotion Management Issues For Suppliers To The Retail Chains
Almost $75 billion (USD) is spend on trade and promotion funds every year. Unfortunately most enterprise resource planning (ERP) systems are not equiped to

funds  managing the flow of funds between the producer and the trade customer. The amount of promotion funds at stake is staggering. Almost 75 BILLION dollars is spent in trade funds every year, and that amount is growing. Trade promotions account for between 10% and 30% of the overall revenue of a company. This figure varies somewhat by industry, but on average, we can say that trade promotions consume one fifth of a company''s total revenue. It is the second highest expense, after the cost of goods. Trade Read More...
Emptoris
Emptoris, an upbeat provider of strategic sourcing software for the global 5000 companies, announced its acquisition of spend management specialist Zeborg

funds  pledged to use the funds to finance further expansion of the company in a number of areas, including sales, marketing, product development, and penetration into new global markets. Since its founding in 1999, Emptoris has quickly become one of the leading e-sourcing software vendors with sound technology that is used by numerous global 5000 companies across a wide range of industries, which include electronics, pharmaceutical, metals and mining, aerospace and defense (A&D), and financial services. In Read More...
Trends in IT Needs, Purchasing, and Strategy
Is there a tension between the people authorizing IT spending in your company and those determining the needs? The roles of each C-level position, combined with

funds  course such failure saps funds and productivity from a company. Should we worry  that the role of determining needs still ranks so low across the board? Generally speaking, IT purchasing could originate from infrastructure needs or line-of-business needs, and determining these needs probably involves IT differently. For example, recently a very large enterprise engaged TEC for an enterprise resource planning (ERP) selection project. The company’s inventory management line of business had initiated the Read More...
Smaller Vendors Can Still Provide Relevant Business Systems Part Five: Challenges and User Recommendations
Having to deliver a number of functionalities through third-party solutions, which are natively offered by many larger competitors, may deter some interface

funds  investing lots of R&D funds in functional enhancements as to be ahead (or at least abreast) of the pack will also be a challenge. For more information on J2EE vs .NET see Understand J2EE And .NET Environments Before You Choose . This is Part Five of a five-part note. Part One contained the event summary and vendor background. Part Two discussed the market impact. Part Three covered project-oriented organizations. Part Four detailed MRO and spare parts management. Impact of Recent Acquisitions in the Read More...
TotalSoft
With over 16 years of experience, TotalSoft is one of the leaders of the Romanian IT industry, involved in the development and supply of complex business

funds  Belgrade. Global Finance administrates funds amounting to over EUR 850 million, obtained by private and real property investment fund management, and has carried out over 70 investments since it was established in 1994. Read More...
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

funds  And each form represents funds (money) that are tied up until that inventory is used up by company as sold goods. Similarly, in retail stores, any stock on the shelves represents dollars tied up until it sells. In other words, inventory is anything holding up operating funds. The main objective of a supply chain is to have the right inventory, at the right time, at the right location with the right quantity. To achieve this objective, it’s key to have a proper inventory management process in place Read More...
Taking Multilingual Support to the Next Level
Product managers in product companies are trying to develop applications that support multilingual functionality. Multinational corporations use multilingual

funds  AMCs, investment recommendations for funds traded in one country would need the approval of the chief investment officer (CIO), located at the headquarters in another country, before they could be presented to customers. This means that after logging into the application in the German language, the asset manager in the AMC''s Frankfurt office might need to switch over to the English language later while reviewing the data with his UK-based CIO prior to obtaining his or her approval. Once the approval is Read More...
How to Reshape Your Supply Chain Network (and Why You Need to Do It Now)
The landscape of the supply chain has changed drastically over the past five years. It went from local to global in manufacturing, procurement, sourcing

funds  transaction, like an electronic funds transfer (EFT), or an electronic data interchange (EDI).  E-commerce within the supply chain helps create links for each business process. This allows organizations to communicate and collaborate with trading/business partners. There are benefits for using e-commerce- based applications: All information regarding changes in rules and regulation are communicated between trading partners. The shipper is aware of the new laws regarding the delivery destination or Read More...
Federal Contract Management and Vendors'' Readiness Part Three: Meeting Federal Requirements
Companies that are not already offering the capabilities of meeting the exacting, stringent requirements of federal agencies will likely not be able to tap the

funds  research and development (R&D) funds in functional enhancements as to be ahead (or at least abreast) of the pack will be a significant challenge for a smaller vendor. Further, the broader enterprise asset management (EAM) and computerized maintenance management systems (CMMS) applications continue to grab headlines as a realistic way to reduce expenses and increase revenues. For one, maintaining an adequate level of repair or service parts inventory based on forecasted equipment usage can prevent already Read More...
Increasing the Value of Your Enterprise Through Improved Supply Chain Decisions Part 3: Conclusion
There remains no shortage of experts and solutions that purport to have the keys to improving your supply chain. However, executives who bear bottom line

funds  that will not move. Funds will not be spent on materials, transformation and transportation in vain. Good inventory decisions also improve cycle time. A long machine run that is producing too much inventory and spending capacity needlessly can impede manufacturing cycle time if sound decisions are not driving how much of what to make and when, while controlling the quality of the process. Poor decisions fill warehouses and other storage areas with goods and material that is not currently needed or of Read More...
How to Choose the Right Hosted CRM Solution for You
How can you get the most out of a customer relationship management (CRM) solution while reducing operating costs and increasing overall profitability? By

funds  especially those with limited funds and IT resources. Services are delivered in a very modular manner and, thanks to Salesforce.com''s on demand Apex platform, its CRM application can be up and running in weeks or days a fraction of the time typically required by traditional client/server CRM software. Oracle-owned Siebel and its CRM On Demand product promises to automate, simplify, and manage sales information; provide better customer service across all customer touch points with a pre-built contact Read More...

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