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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.
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 articles on cost


Drive down cost? What does that really mean in a supply chain world?
Yes all of us are well aware that the global economy is in a downturn. We hear it in the news, on blogs, in articles, and we see it around us with massive

articles on cost  news, on blogs, in articles, and we see it around us with massive layoffs and lower consumer spending. So while we have heard all about these problems, what is the solution to fix these issues from an enterprise point of view? In the first part of this series of three, I will identify the challenges organizations face when driving their costs down for the supply chain network, as well as look at some strategies to bring down cost in the overall supply chain process. Here I’ll discuss two concepts on

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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

Process 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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Data Quality: Cost or Profit?


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xTuple Ends 2012 on a High Note


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Understanding the True Cost of Sourcing


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Checklist: Adding Up the Return on IP Telephony Investments


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State of the Art in TCO: Managing the Total Cost of Ownership


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Supply Chain Cost-cutting Strategies


Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

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Team With Business Management to Drive Out IT Cost


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The World in Crisis: A Report on the Impact on Global Outsourcing Relations


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Ramco HCM on Cloud Is on a Roll in the Middle East; Africa


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