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Abstract: The procure-to-pay (P2P) environment has become a major challenge for companies adopting
global sourcing and distribution as a strategic component of their business. And the increase in
global trade has shifted their focus from manufacturing efficiency to
global supply chain efficiency. Discover what the current P2P gaps in
global commerce management solutions are and what can be done to deliver optimal P2P capabilities.
PubDate: 1/28/2008 12:49:00 PM
Abstract: As international competition becomes more intense and as national barriers for trade gradually reduce, the era of global business is here to stay. Increasingly the difference between success and failure in the global marketplace will be determined not by the sophistication of product technology or marketing communication, but by the way in which the global supply chain is controlled and managed.A global supply chain has to be agile and flexible enough to cope with differences in customer requirements and yet should be able to reap the benefits of focused manufacturing in terms of economies of scale.
Abstract: Developing a core competency in global sourcing is one of the critical business initiatives for retailers and channel masters. By understanding exactly how global sourcing strategies impact margins, retailers can develop creative product categories that push margins and profit higher. What do you need to master global sourcing techniques? What technologies should you use? Find out, with the five stages of global sourcing.
Abstract: The Internet opened the door for global trade. As the global trade management (GTM) space continues consolidating, market leadership belongs to companies that understand, to truly improve global trade, one must be able to manage both the physical and financial supply chains.
Abstract: Swiss financial services company Global Refund needed to replace its antiquated customer relationship management (CRM) system. To find a mobile-enabled, user-friendly solution that could handle the company’s 15 million yearly transactions, Global Refund turned to TEC. Learn how TEC helped Global Refund turn its long-list of 40 vendors into a short-list of four, and shave two months off the selection process.
Abstract: As countries frequently increase and revise border security protocols, participating in global trade has become increasingly complex. Compliance and supply chain managers can no longer solely rely on personal knowledge and paper-based processes to effectively plan and manage global trade. You must have real-time access to critical trade information and the ability to automate global trade management processes. Learn more.
Abstract: Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004, 'Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004.' The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global commerce management (GCM) is what is required by companies to win in this tougher, more competitive environment.
Abstract: It doesn’t make sense to buy software based on price alone. Selecting a specific preferred vendor or spending as little as possible is the wrong choice if people will not use the purchased product and it winds up as “shelfware,” or if it hampers productivity and is an ongoing drain on resources. Learn the five questions financial professionals should ask before choosing a financial performance management (FPM) solution.
Abstract: With the acquisition of Vastera, JPMorgan Chase may be the first global financial institution to offer a complete integrated cash, trade and logistics solution across the physical and financial supply chains in a way that would maximize benefits to its clients.
Abstract: Walker Interactive is putting itself through a transformation. Its goal is to bring integrated eBusiness to its very demanding customers.
Abstract: To optimally complete the global trade cycle, a business must automate, track, and provide visibility to the entire global trade management process to optimize its supply and distribution chains.
Abstract: The growing number of legal and regulatory requirements associated with global trading is one of many reasons enterprises are looking into global trade management applications, and into harnessing the up-and-coming, strategic software category of governance, risk management, and compliance.
Abstract: The dynamics of today’s global supply chain are changing rapidly because of volatile fuel costs, overseas wage increases, security concerns, and global economic issues. In this environment, some US manufacturers are exploring ways to claim a competitive advantage by bringing operations back to the US. Explore the benefits, trends, and considerations of “right-shoring” and what it can mean for domestic businesses.
Abstract: The impact of globalization on human resources (HR) functions shouldn’t be ignored. When each function, such as maintaining a database or determining compensation, must be managed on a global scale, the complexities are vast. Learn about the myths and misconceptions that might be keeping your HR team from embracing new technology—and how HR can be your strategic partner in making your company a global competitor.
Abstract: Organizations need to strike a balance between global and local reporting requirements. This is particularly challenging, as a lack of flexibility in data structures adversely impacts both business development and local reporting. Organizations must thus focus on harmonizing the global model and data structures, and assist local entities in designing for local requirements—thereby providing one data source for reporting.
Abstract: The MMOG was a self-assessment process developed by the Automotive Industry Action Group (AIAG) to provide consistent methodology for evaluating supplier performance, identifying weaknesses, and focusing improvement efforts. The Global MMOG/LE incorporates the Odette Logistics Evaluation (OLE), developed by AIAG’s European counterpart, to provide a single global standard for self-assessment. The MMOG is a proven tool for supplier development and provides a recognized industry standard for suppliers who have been asked by customers to complete a self-assessment. Although it was developed by the automotive industry, QAD believes it can be a helpful benchmark tool for customers across many verticals.
Abstract: Today’s businesses are operating in a global marketplace. Not only are customers and competitors located worldwide, but employees, suppliers, contractors, and partners are, too. Learn how global product development (GPD) initiatives can help your company accelerate time-to-market, reduce product development costs, maximize productivity, enhance product quality, drive innovation, and optimize operational efficiencies.
Abstract: The IT field is littered with failed global software integration sagas. The many reasons for these failures include mismatched capabilities, geographical requirements, and project technical management deficiencies. Global software projects should start with in-depth analysis of features and functions, so the software’s capabilities meet corporate requirements. Find out how to avoid a failed software integration project.
Abstract: It is becoming increasingly important for supply chain execution (SCE) suppliers to have global implementation and service capabilities, while multinational user companies conversely benefit from working with global application providers. Now, the two merged vendors, RedPrairie Corporation and LIS, should have the critical mass and geographical breadth necessary to better serve the needs of their global customers, with local, multilingual support, and to compete for an ever-increasing number of multi-modal transport, multinational engagements.