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 strategic procurement


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

strategic procurement  Related to Procurement and Strategic Lever : Procurement (Wikipedia) Procurement: A Strategic Lever for Bottom-line Improvement Procurement is also known as : Procurement , EProcurement Software , Procurement Acquisition , Procurement MGMT System , Simplifying Procurement , Search the Procurement Opportunities , Deliver on E-Procurement , Better Procurement Paper , E-Procurement Management , B2B Procurement MGMT , Procurement Provides Functional Management , Procurement Division's Website , Procurement

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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.

Compare Now

Production and Supply Planning RFI/RFP Template

Strategic Supply Chain Planning, Operational Planning, Procurement Collaboration, Order Management, Fulfillment, and Channel Integration, Utilities for Planning Systems, Systems Integration, Product Technology  

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Documents related to » strategic procurement

E-procurement: From Brilliant Innovation to Common Cliché


Electronic procurement has moved from a nice idea to a stampede in just a few years. Growing at Internet speed it spawns business models faster than the market can reasonably evaluate them. Some settling and shaking out is likely in the next year, but there are also crowds pushing to get in on the action, and the innovation is far from over.

strategic procurement  who have a strong strategic vision and the resources to carry it out. If necessary, we think it would be prudent to be willing to yield on some of those current requirements to find a vendor that will bring you smoothly into the future. Read More

Realizing More Savings with Oracle Procurement Cloud


Smarter spend management is lacking in most organizations, largely due to the tools being used to manage their procurement processes. Learn about best-of-breed functionality, combined with cloud and native connectivity, that helps businesses automate and standardize processes on both the strategic and transactional sides of procurement.

strategic procurement  processes on both the strategic and transactional sides of procurement. Read More

Procurement and Office Supply Companies Ink Deal


PurchasePro and Office Depot have begun a strategic relationship that will make the PurchasePro marketplace available to customers from within Office Depot stores.

strategic procurement  (Nasdaq: ODP) announced a strategic relationship to capture the purchasing dollars of corporate America's small and mid-sized businesses. Under the terms of the arrangement, Office Depot will be featured as the preferred provider on PurchasePro's business-to-business marketplace, and Office Depot will mass market PurchasePro's software. In addition, Office Depot, which already held 500,000 shares of PurchasePro, will make an additional equity investment of up to 600,000 shares. Market Impact This is not Read More

First Look: Peregrine Offers Cradle to Grave Procurement


Peregrine's Get.Resources is an E-procurement system that contains features to manage the acquisition of capital assets and track their lifecycle costs. The product supports a number of different kinds of supplier arrangements ranging from internally hosted catalogs to links with Commerce One's MarketSite. This article offers a pre-release look at Peregrine's product and strategy.

strategic procurement  by acquisition or by strategic alliance involving significant equity investment. It seems safe to predict that with Peregrine's emphasis on Total Cost of Ownership (TCO), an early addition to the product or product suite will be some way for a company to realize revenue upon retirement of assets. This will most likely take the form of an auction-based marketplace. Get.Resources is implemented as a collection of server-side Java functions (servelets). These deliver pure HTML to the user's browser; no Read More

Strategic CFO and Supply Chain Planning


From being gatekeepers of financial and accounting operations, chief financial officers (CFOs) are now expected to have a holistic view of the organization that goes far beyond shareholder value. This white paper discusses how CFOs need to be actively involved in supply chain initiatives, supporting them with operational policies for better performance and business sustainability, and the role of analytics in driving this transformation.

strategic procurement  CFO and Supply Chain Planning From being gatekeepers of financial and accounting operations, chief financial officers (CFOs) are now expected to have a holistic view of the organization that goes far beyond shareholder value. This white paper discusses how CFOs need to be actively involved in supply chain initiatives, supporting them with operational policies for better performance and business sustainability, and the role of analytics in driving this transformation. Read More

Procurement at the Helm: Steering for Success


As the global economy continues to struggle, procurement teams continue to be tasked with looking for ways to control costs. Other recent global events such as natural disasters and commodity price volatility have also left procurement grappling with increasing supply risk. The research presented here examines how many purchasing organizations have already changed their strategies or plan to do so over the next two years.

strategic procurement  at the Helm: Steering for Success As the global economy continues to struggle, procurement teams continue to be tasked with looking for ways to control costs. Other recent global events such as natural disasters and commodity price volatility have also left procurement grappling with increasing supply risk. The research presented here examines how many purchasing organizations have already changed their strategies or plan to do so over the next two years. Read More

E-Procurement Usability: The Good, The Bad and The Ugly


Adoption of enterprise resource planning (ERP)-based E-Procurement solutions has hit a plateau in recent years due to inherent usability deficiencies, exacerbated by heightened user expectations. It is now possible to leverage all the existing infrastructure of leading platforms with a friendlier, consumer-like user interface (UI) that can be rapidly deployed with minimal cost or change management impact. Find out how.

strategic procurement  E-Procurement,SAP,SRM,usability,UI,P2P,catalogs,spend management,adoption,procurement Read More

Social Networking in the Business World: A Strategic Approach


Is a total ban on workplace social networking a good idea? Companies should take more calculating points of view and look at how to turn the negative effects of social networking into positive effects. Employers can manage employee social networking to maximize the positives. The strategy combines employee education, well-thought-out acceptable use policies (AUPs), and—critically—effective Web filtering technology.

strategic procurement  the Business World: A Strategic Approach Is a total ban on workplace social networking a good idea? Companies should take more calculating points of view and look at how to turn the negative effects of social networking into positive effects. Employers can manage employee social networking to maximize the positives. The strategy combines employee education, well-thought-out acceptable use policies (AUPs), and—critically—effective Web filtering technology. Read More

Impact of Sales and Procurement on Reverse Logistics


Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products remains a constant challenge. A study conducted by Wipro Technologies in collaboration with Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) estimates that the potential cost impact of unsaleables is over $2 billion annually. This study identifies the multitude of challenges involved in unsaleables management and provides a comprehensive operational roadmap for tackling them. It also lays out specific strategies addressing shelf-life management, product rotation execution, product dating variances, consumer confusions, and demand chain management. Find out more. Download this study now.

strategic procurement  of Sales and Procurement on Reverse Logistics Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products remains a constant challenge. A study conducted by Wipro Technologies in collaboration with Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) estimates that the potential cost impact of unsaleables is over $2 billion annually. This study identifies the multitude of challen Read More

The Total EAM Vision Strategic Advantages in Asset Management


Physical asset management contributes greatly to the achievement of competitive advantages in capital intensive companies. Particularly in the areas of productivity, quality, cost effectiveness, and risk management. If your company has a need to manage physical assets it can benefit from a proven Total EAM solution provided by one of the top-level systems vendors.

strategic procurement  Total EAM Vision Strategic Advantages in Asset Management The Total EAM Vision Strategic Advantages in Asset Management Featured Author - Daryl Mather - June 27, 2003 Defining EAM E nterprise A sset M anagement systems (EAM) continue to point the way into the future for capital intensive industries. The combination of functionalities, asset focussed business intelligence and advanced management consulting have allowed some vendors to provide consistently high results to those industries whose operating Read More

Federal Procurement Essentials: Sealed Bidding


Selling to the government can bring new life to contract winners, particularly small and medium businesses. In fact, organizations that understand and leverage federal acquisition methods and processes can grow from scratch to a profitable bottom line, whatever their size.

strategic procurement  Procurement Essentials: Sealed Bidding Introduction The US Federal Acquisition Regulation (FAR) defines methods and processes for the contractual acquisition performed by any federal entity of any asset, whether material (goods, products, or construction) or immaterial (services). Although these policies and procedures differ in essence, they share the same procurement standard, that's to say the promotion of competition to the maximum extent: so-called full and open competition (FOC). Competitive Read More

Strategic Planning Applications for Better Decision Making


Successful strategic planning relies on your ability to develop and evaluate alternative strategies to identify the most viable approach. But when the outcomes are dependent on complex systems that are difficult to predict, you might conclude that the unknowns are insurmountable. Avoid making decisions based on intuition—develop models using computer simulation for clearer pictures of the outcomes of your strategies.

strategic procurement  Better Decision Making Successful strategic planning relies on your ability to develop and evaluate alternative strategies to identify the most viable approach. But when the outcomes are dependent on complex systems that are difficult to predict, you might conclude that the unknowns are insurmountable. Avoid making decisions based on intuition—develop models using computer simulation for clearer pictures of the outcomes of your strategies. Read More

Integrated Business Planning: Taking Strategic Planning to the Competitive Edge


Some managers have concluded that strategic planning is nothing more than an exercise in futility, to be taken out and dusted off at annual meetings. However, strategic planning can still help direct your company and improve earnings. The trick is strategizing well—which means having all the information you need, when you need it. Find out how to hone your competitive edge with integrated business planning capabilities.

strategic procurement  Business Planning: Taking Strategic Planning to the Competitive Edge Some managers have concluded that strategic planning is nothing more than an exercise in futility, to be taken out and dusted off at annual meetings. However, strategic planning can still help direct your company and improve earnings. The trick is strategizing well—which means having all the information you need, when you need it. Find out how to hone your competitive edge with integrated business planning capabilities. Read More