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Abstract:
Strategic sourcing involves ongoing relationships, which creates the opportunity for mutually beneficial collaboration between
the buyer and the suppliers. This can result in improved profitability throughout the entire supply chain and add value to
the final product or service. (...)
Excerpt related to
strategic sourcing:
Strategic sourcing involves ongoing relationships, which creates the opportunity for mutually
beneficial collaboration between the buyer and the s...
Published:
2008-11-17
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Abstract:
The appeal of global sourcing is understandable given the benefits of seemingly lower costs. But without discerning hidden
challenges and eliminating potential shortcomings, the process may be more costly than anticipated—a situation especially
true for companies using inadequate, out-of-date enterpris (...)
Excerpt related to
strategic sourcing:
The appeal of global sourcing is understandable given the benefits of seemingly lower costs. But without discerning hidden
challenges and eliminat...
Published:
2007-08-06
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Abstract:
In today's twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches used
to measure cost for sourcing decisions of direct materials fall short. (...)
Excerpt related to
strategic sourcing:
In today's twenty-first century, global outsourced business world, the traditional and somewhat simplistic approaches
used to measure cost for sou...
Published:
2004-04-23
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Abstract:
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being
highly focused can bring value to the target market and success to a "dot-com". (...)
Excerpt related to
strategic sourcing:
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent
financial results prove that being highly focused can bri...
Published:
2002-04-02
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Abstract:
Emptoris, an upbeat provider of strategic sourcing software for the global 5000 companies, announced its acquisition of spend
management specialist Zeborg. However, despite a good fit, enlarged customer base, and improved cross-selling opportunity,
some challenges and product gaps will have to be overcom (...)
Excerpt related to
strategic sourcing:
Emptoris, an upbeat provider of strategic sourcing software for the global 5000 companies,
announced its acquisition of spend management specialis...
Published:
2003-11-18
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Abstract:
From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one
place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there
is a wide range of new e-procurement methods and tools (...)
Excerpt related to
strategic sourcing:
From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one
place the products or s...
Published:
2001-02-26
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Abstract:
The combined company's possibly biggest challenge remains a lack of awareness of the need for sourcing/spend management.
While many people have realized the power of e-commerce on the consumer side, there is still plenty of education to be conducted
by all the SRM vendors to prove how much leverage their (...)
Excerpt related to
strategic sourcing:
The combined company's possibly biggest challenge remains a lack of awareness of the need for sourcing/spend management.
While many people have re...
Published:
2003-11-20
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Excerpt related to
strategic sourcing:
... approximately 160 people operating in about 20 countries with notable category expertise, sourcing
process expertise, and strategic sourcing execution expertise ...
Published:
2010-11-02
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Excerpt related to
strategic sourcing:
... the Module Three of the APICS CSCP Learning System, entitled “Managing Customer and Supplier Relationships”
teaches that strategic sourcing has made the ...
Published:
2008-07-29
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Abstract:
Companies that took an early adopter approach to PLM are beginning to show significant reductions in new product introduction
lead times and to benefit from meaningful cost savings by executing a series of focused, high return projects (...)
Excerpt related to
strategic sourcing:
... Material Rationalization / Strategic Sourcing - Another problem that
many companies suffer from is lack of control of material definitions. ...
Published:
2003-12-21
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Abstract:
Recent studies have shown that retail winners (that is, companies that outperform their peers in year-over-year, comparable
store sales) carry a significantly higher percentage of private label merchandise than their competitors do. (...)
Excerpt related to
strategic sourcing:
Recent studies have shown that retail winners (that is, companies that outperform their peers in year-over-year, comparable
store sales) carry a s...
Published:
2007-08-13
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Abstract:
Infor cites continued organic growth, license revenue from new customers, and install base cross-selling and up-selling as
key growth drivers for the group. The acquisition of Formation Systems and Geac can only fuel Infor growth. (...)
Excerpt related to
strategic sourcing:
Infor cites continued organic growth, license revenue from new customers, and install base cross-selling and up-selling as
key growth drivers for ...
Published:
2006-05-01
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Abstract:
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 cus (...)
Excerpt related to
strategic sourcing:
The Emptoris acquisition of Zeborg is both a wise offensive and defensive move since it combines the resources of two companies
that should focus ...
Published:
2003-11-19
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Excerpt related to
strategic sourcing:
... APICS Dictionary further defines strategic sourcing as “The development
and management of supplier relationships to acquire goods and services in a way that ...
Published:
2009-07-10
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Excerpt related to
strategic sourcing:
... sizes. The SRM market is evolving due to related emerging areas such as e-procurement, strategic
sourcing, spend analysis, etc. ...
Published:
2009-07-07
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Abstract:
The year 2001, which was an exceptional year of financial performance for PeopleSoft, including record total revenue, record
profit, and more than $500 million of generated cash, might have become its liability as well, as it might be quite difficult
to repeat. (...)
Excerpt related to
strategic sourcing:
The year 2001, which was an exceptional year of financial performance for PeopleSoft, including record total revenue, record
profit, and more than...
Published:
2002-06-19
-
Abstract:
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being
highly focused can bring value to the target market and success to a "dot-com". (...)
Excerpt related to
strategic sourcing:
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent
financial results prove that being highly focused can bri...
Published:
2002-04-02
-
Abstract:
With a large investment in architecture made early, PeopleSoft has so far resisted the downturn in the market and has gained
ground by making its core applications a compelling choice. However, the company has tempted the fate with touting that its
product architecture would make it bulletproof to the we (...)
Excerpt related to
strategic sourcing:
With a large investment in architecture made early, PeopleSoft has so far resisted the downturn in the market and has gained
ground by making its ...
Published:
2002-06-20
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Abstract:
Retailers should aim at curbing traditional firefighting practices in favor of productive planning and collaboration with
customers. Retailers must take steps to reconcile these disparate solutions to improve their reaction time and gain maximum
leverage from their sourcing activities. (...)
Excerpt related to
strategic sourcing:
Retailers should aim at curbing traditional firefighting practices in favor of productive planning and collaboration with
customers. Retailers mus...
Published:
2006-06-28
-
Abstract:
The combined company's possibly biggest challenge remains a lack of awareness of the need for sourcing/spend management.
While many people have realized the power of e-commerce on the consumer side, there is still plenty of education to be conducted
by all the SRM vendors to prove how much leverage their (...)
Excerpt related to
strategic sourcing:
The combined company's possibly biggest challenge remains a lack of awareness of the need for sourcing/spend management.
While many people have re...
Published:
2003-11-20