X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 bids and tenders


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

bids and tenders  legacy system of closed bids and tenders, but a closer analysis will reveal that it has certain advantages for both buyers and vendors. Some of the most important ones are listed in Table 1. Value Propositions of Reverse Auctions For Buyers For Sellers dynamic negotiations increased access to new customers on a global scale increased effectiveness in request for quotation (RFQ) process certainty of volume and timing transparency of the procurement cycle process transparency minimal process cost equal

Read More


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

Documents related to » bids and tenders

Transportation Management and the Adaptive Supply Chain Network


To respond to the demands of today’s highly competitive global environment, traditional linear supply chains are evolving into complex, global ecosystems. These “pull” (demand-driven) environments working in conjunction with traditional “push” environments are known as adaptive supply chain networks (ASCNs). ASCNs allow all supply chain stakeholders to share knowledge, make collaborative decisions, and sense and respond immediately to changing conditions.

bids and tenders  agreements Analytics to prepare bids based on historical data and adjust future contracts Support for Web-based interaction with LSPs to maintain address and service profiles and respond to bids Support for requests for quotation for ocean and land transportation processed via the Web. These are easy to use (for example, with Microsoft Excel spreadsheets), help maintain rates, and let you attach other office documents for the bid process. Support for scenario-driven evaluation and optimal LSP awards by Read More

Stemming the Loss of Knowledge Capital: A Business Fix for Manufacturers


The clock is ticking for manufacturers to come up with a solution to the ongoing loss of knowledge capital. Their best hope lies in introducing knowledge management strategies across the enterprise—before it’s too late.

bids and tenders  to projects and alternative bids developed to deliver improved customer service. Manufacturers should shift return on investment (ROI) metrics from product-centric measurements to customer-centric. Silos of information are preventing manufacturers from shortening production cycles, which threatens their competitiveness. A lack of workflow collaboration across business units has created a communication disconnect. For example, since the shop floor and assemblers often work in silos, separate from the Read More

Zooming into an Inventory Free Flow


FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique, online auction platform where companies can reduce their at-risk and excess inventory.

bids and tenders  oldest bid if all bids are equal. Once a bid is accepted, the successful bidding member will be contacted, and upon receipt of a purchase order (PO) and payment, the inventory will be dispatched from the strategic partner's facility via its carrier. Standard freight fees apply to all dispatches from the partner's facility, with the buyer absorbing freight costs. All new users (in this case prospective buyers) must open an account with FreeFlowAuctions, which is a fairly simple process. All it requires is Read More

Deltek Going Private Again




bids and tenders  delivers actionable insight on bids, pipelines, win rates, revenue forecasts, and other critical data for government contractors so they can quickly adjust their strategies, prioritize activities, and deploy resources to effectively track and win more business. Given its top-of-the-line market share in government contracting, Deltek has been a thorn in the flesh for SAP, Infor , and Oracle in the overall public sector market—any one of them might decide to snatch up the company at some stage. Or Read More

The Complexities of Quote-to-order and Possible Solutions


It is becoming necessary to go beyond the direct sales force to sell complex products. With the advent of personal computers and the Internet, new possibilities for reaching manufacturing clients have opened up, and new sales opportunities have become available.

bids and tenders  thousand hours on high-complexity bids. However, attaining a perfect order in such environments is certainly not impossible (if seamless integration and visibility is achieved within the entire supply chain), and it can result in a much more satisfied customer than in the case of mass produced products' sales. The real key to successfully selling complex products and services lies in addressing the underlying issue—the need to capture knowledge (intellectual property) from wherever it is held in the Read More

A Dynamic Answer to Enterprise Resource Planning for Services


Enterprise resource planning (ERP) vendors do battle to win business and Epicor is leveraging Microsoft's technology to deliver a mid-market solution to services industries. Despite Microsoft's competing ERP offering, Epicor continues to build a Microsoft-centric solution with its partners' support.

bids and tenders  to synchronize their customers, bids and opportunities, client histories, and resource schedules with Outlook contacts, appointments, and tasks, eliminating duplicate entry into each system. Epicor has also simplified the collaboration between its system and Microsoft Office applications, such as Word and Excel, by quickly searching and dragging information from the Epicor task pane to fields in Microsoft Office. Moreover, Epicor users can save these documents to the SharePoint server, and then initiate Read More

How to Choose a Manufacturing System


If you’ve worked for more than one manufacturing company, you know that each one is different. Different processes, systems, problems—all these variations mean you need a system tailored to your needs. And with so many available solutions, you could spend months looking at demos, and still not find it. However, you can start by asking yourself eight simple questions.

bids and tenders  they are winning more bids now that they have accurate production cost information, enabling them to be more competitive. Because the second consultant did his homework, this company will continue to benefit from new features and improvements in the software.   Overtime costs During implementation, you and your staff will have more work than usual. You may have to hire temporary employees to handle some administrative tasks or ask for overtime from your employees. Plan on 10 to 20 extra hours per week Read More

Siemens and TCS Offer Joint ETO Solution


Siemens and Tata Consultancy Services (TCS) have announced ETO2Win, a new joint software and services solution for automating complex engineer-to-order (ETO) processes. ETO2Win leverages TCS’ domain expertise and Siemens’ Rulestream software, acquired several years ago and since developed by its product lifecycle management (PLM) business.

bids and tenders  win rate of their bids, while trying to lower order engineering lead time and optimize resource utilization in manufacturing. ETO2Win is designed to capture, manage, and reuse corporate intellectual property to automate engineering processes for such manufacturers. The aim is to simplify business processes associated with custom-built complex products, improve proposal accuracy and win rates, and increase the predictability of costs, margins, and on-time delivery.   The deal seems to be a win-win for Read More

One Vendor's Quest to Garner a Global Sourcing Ecosystem


Having started as a business-to-business integration provider for a few major retailers in the United Kingdom, Eqos has evolved into a full-fledged, worldwide provider of global sourcing and supplier management solutions.

bids and tenders  potential suppliers and their bids, and the ease of comparison at the supplier selection stage. The applications provide visibility of products as they progress through the supply chain—from concept to delivery—generating alerts and reports when things do not go according to plan so problems can be avoided before they arise. By early 2005, Eqos delivered the multichannel and multi-country global sourcing solution to the electronics and appliance retail giant Best Buy , which at the same time marked Read More

For a Million Gallons of Glue Find a Marketplace on Steroids


FreeMarkets, Inc., will provide marketplace access and services to the United States Postal Service. The USPS is the first Federal entity to use FreeMarkets’ services, although the company has separately begun a strong marketing initiative to other parts of the government.

bids and tenders  all suppliers the current bids in real time. The marketplace supports multiple currencies and a host of specialized features. Buyers typically save between 2% and 25% on a single acquisition. The Postal Service is the nation's largest civilian employer, largest shipper, and tenth largest commercial enterprise. Its complex contracts for shipping services, equipment and repair, and raw materials make it a natural for the specialized procurement services that FreeMarkets provides. FreeMarkets recently Read More

Service Level Agreements for Manufacturers and Software Vendors in the Supply Chain


Supply chains are very complex, as is discrete manufacturing and the software that addresses its needs. To ease the complexities, service level agreements are developed so that all parties involved remain on the same page and product delivery is facilitated.

bids and tenders  the manufacturers, thus losing bids to supply components to other discrete manufacturing companies. Such issues can be avoided if every component of the SLA is clearly defined during the negotiation process and closely followed during the implementation—an approach that is in both party's interests. To not do so can result in higher costs for all parties involved. Items to Negotiate in Technical Support Between the manufacturer and the software vendor or supplier, the two components most recommended to Read More

Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 2


Part 1 of this blog series introduced common supply chain challenges and resulting spend management opportunities for companies of all sizes. The article then went into the philosophical and functional differences (if any) between the “spend management” and "supplier relationship management (SRM)" monikers. Further discussion was about what exact functional parts of this software category small

bids and tenders  or reverse) where the bids (or quotations in reverse events) are hidden from everyone during the bidding process (until the event expires). A Vickrey , also called a second-price sealed-bid event , is a forward event that is operationally equivalent to the sealed-bid event except that instead of the highest bidder paying what he/she actually bid, he/she pays the second highest bidder’s price (unless there is only one bidder, in which case he/she pays the reservation price). This sort of event is a Read More

Stemming the Loss of Knowledge Capital: A Business Fix for Canadian Manufacturers


The clock is ticking for Canadian manufacturers to come up with a solution to the ongoing loss of knowledge capital. Natural employee attrition, such as departures or layoffs, inevitable retirement, and the brain drain are contributing to an exodus of knowledge. That’s why the best hope for Canadian manufacturers lies in introducing knowledge management strategies across the enterprise—before it’s too late.

bids and tenders  to projects and alternative bids developed to deliver improved customer service. Manufacturers should shift return on investment (ROI) metrics from product-centric measurements to customer-centric. Silos of information are preventing Canadian manufacturers from shortening production cycles, which threatens their competitiveness. A lack of workflow collaboration across business units has created a communication disconnect. For example, since the shop floor and assemblers often work in silos, separate from Read More

They do it like that in the Balkans -- Select and deploy ERP, I mean (Part I)


The launch of TEC’s blog has somewhat coincided with my visit to Belgrade, Serbia (what used to be Yugoslavia and then Serbia @ Montenegro) for personal reasons. Those several days spent in my homeland in late October/early November (whereby I missed my beloved Boston Red Sox’ winning the MLB World Series ’07 Championship, darn it!) I at least used this time to also learn about the enterprise

bids and tenders  do it like that in the Balkans -- Select and deploy ERP, I mean (Part I) The launch of TEC’s blog has somewhat coincided with my visit to Belgrade, Serbia (what used to be Yugoslavia and then Serbia & Montenegro) for personal reasons. Those several days spent in my homeland in late October/early November (whereby I missed my beloved Boston Red Sox’ winning the MLB World Series ’07 Championship , darn it!) I at least used this time to also learn about the enterprise applications market in that Read More