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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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 company rfq failures


Federal Contract Management and Vendors' Readiness Part One: Entry of Small Vendors into Federal Contracts
When all enterprise vendors go for ERP and like solutions to help improve the business of small, midsize, and large aerospace and defense (A&D); engineer-to

company rfq failures  outgrown by the user company. These organizations are looking for systems to support the project manager, who is responsible for sharing and tracking the revenue, expense, and profitability of a project. Project-oriented organizations have many project-specific business and accounting requirements, including the need to track costs and profitability on a project-by-project basis, to provide timely project information to managers and customers, and to submit accurate and detailed bills or invoices, often

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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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Documents related to » company rfq failures

Feds Warms Up to ERP Spending, but Will Contractors and Their ERP Vendors Comply? Part One: Event Summary and Market Impact


There has been noise in the US public sector about a strong federal (Feds) interest in ERP applications. This, coupled with the Feds customary huge purchasing appetite for goods and services ranging from consulting to purchasing military devices and components, building, many businesses that have previously competed only in the commercial sector are tempted to feed the Feds. However, the Feds' peculiar and idiosyncratic regulatory requirements provide high barriers to entry, and novice companies that are not already offering the functionality for the sector will likely not be able to tap the recent surge in Defense and other federal markets.

company rfq failures  outgrown by the user company. These organizations are looking for systems to support the project manager, who is responsible for sharing and tracking the revenue, expense, and profitability of a project. Again, most enterprise-wide business systems sold by software vendors are general purpose in design and, without significant tweaking, do not address many of the unique requirements of businesses engaged primarily in providing products and services under project-specific contracts and engagements. Read More

The Future for an E-sourcing Solutions Builder


TradeStone will introduce several planning capabilities that bind existing sourcing and order execution functionality, and featuring significant enhancements to the Finance and Logistics modules, with the idea of fostering rapid adoption and deployment across expanding supply chains.

company rfq failures  group at the trading company or the product development company can collect all the local orders in real time, compare selections, and make recommendations based on known volume discounts. Understanding what their local stores want to sell during the season, trading and product development companies can adjust mark-up percentages, compare the projected selling price to the estimated landed cost, and forecast margins per item by distribution. Too often, many brands become locked into generic product Read More

Smaller Vendors Can Still Provide Relevant Business Systems Part Two: Market Impact


ERP and other enterprise applications products will thus demonstrate deep industry functionality and tight integration with best-of-breed 'bolt-on' products in a particular vertical, which also means adding sector-specific, fine-grained capabilities.

company rfq failures  or prospect's people the company has been working with, what calls have been made, and what correspondence has been exchanged. Also, the CRM module has service-call tracking capabilities to help manage the field service function, with the ability to give anyone authorized in the organization a view into what is happening with customers and prospects. Some other relatively recent enhancements in this regard would be increased customer dialogue facility while administering service calls, whereby users can Read More

World Class Quality, Productivity, and Service at Perryman Company


In order to fully leverage its world-class manufacturing facilities, Perryman Company, a global leader in specialty titanium products, foresaw the need for a comprehensive information system that would integrate its internal processes—and one that would also support continued growth. One year after going live with its new system, Perryman has seen many important benefits, including improved visibility of costs.

company rfq failures  and Service at Perryman Company In order to fully leverage its world-class manufacturing facilities, Perryman Company, a global leader in specialty titanium products, foresaw the need for a comprehensive information system that would integrate its internal processes—and one that would also support continued growth. One year after going live with its new system, Perryman has seen many important benefits, including improved visibility of costs. Read More

Retalix POS Software Company Sold to NCR


US-based retail hardware and software giant NCR has agreed to pay approximately $650 million to acquire Retalix, a retail technology company. NCR management is using many elliptical phrases about “strengthening strategy,” “commitment to delivering solutions,” and “improving business processes and enabling experiences,” but there were no clearly stated reasons for the deal. No

company rfq failures  POS Software Company Sold to NCR US-based retail hardware and software giant NCR has agreed to pay approximately $650 million to acquire Retalix , a retail technology company. NCR management is using many elliptical phrases about “strengthening strategy,” “commitment to delivering solutions,” and “improving business processes and enabling experiences,” but there were no clearly stated reasons for the deal. No doubt, Retalix was a bright star on the point-of-sale (POS) software Read More

ROI for RFID: A Case Study Part One: Company Background


Radio frequency identification (RFID) is the latest buzzword in the world of manufacturing and distribution technology. If you believe the press releases, it is a panacea and cure-all for what ails the industry. While RFID may not solve world hunger, you may not want to propose a solution without it. This research note looks at a recent and successful, implementation of RFID, examining the characteristics of the process and common obstacles and speed bumps to avoid.

company rfq failures  Case Study Part One: Company Background Introduction With the cost of computer chips consistently decreasing, embedding technology in the product is becoming a cost-effective reality. This is the theory of radio frequency identification (RFID) and the embedding of specially activated tags in products, product packages, and product platforms. Specifically, RFID tags are small integrated circuits connected to an antenna, which can respond to an interrogating RF signal with simple identifying information, Read More

HR Compliance: 4 Things Your Company Can Do to Avoid a Lawsuit


Every so often we hear about companies being sued by their former employees for alleged unfair or illegal HR practices. Whether the claims relate to sexual harassment or inadequate compensation, one thing is for sure: they will cost your company money and may even bring about its demise. TEC analyst Sherry Fox looks at four things your company can do to establish best practices in HR and thus avoid damaging HR lawsuits.

company rfq failures  Compliance: 4 Things Your Company Can Do to Avoid a Lawsuit The human resources (HR) departments of most organizations today have assumed more responsibilities, not the least of which is ensuring compliance with labor and employment regulations. These include having fair employment practices, ensuring workplace safety, and maintaining up-to-date records, among many others. And those businesses operating on a global scale must not only continuously review their practices, policies, and procedures for Read More

Case Study: Campbell Soup Company


After expanding its product lines and accelerating product roll-outs, the Campbell Soup Company needed to align demand forecasting and supply chain planning with its new, more dynamic business model. Learn how the company’s new solution helped it improve inventory forecasting, adapt to day-to-day changes in demand, enhance long-range production planning and risk management, and spend more time on strategic activities.

company rfq failures  Study: Campbell Soup Company After expanding its product lines and accelerating product roll-outs, the Campbell Soup Company needed to align demand forecasting and supply chain planning with its new, more dynamic business model. Learn how the company’s new solution helped it improve inventory forecasting, adapt to day-to-day changes in demand, enhance long-range production planning and risk management, and spend more time on strategic activities. Read More

Case Study: Material and Labor Cost Categories Defined for Young Electric Sign Company


By implementing a job costing and enterprise resource planning (ERP) system designed for discrete manufacturing, Young Electric Sign Company (YESCO) was able to save almost $250,000 (USD). Managers now have more accurate views of job completion and employee performance. Plus, the system’s ability to sort service contracts by region enables YESCO to be more responsive to its customers. Learn about the other benefits.

company rfq failures  for Young Electric Sign Company By implementing a job costing and enterprise resource planning (ERP) system designed for discrete manufacturing, Young Electric Sign Company (YESCO) was able to save almost $250,000 (USD). Managers now have more accurate views of job completion and employee performance. Plus, the system’s ability to sort service contracts by region enables YESCO to be more responsive to its customers. Learn about the other benefits. Read More

Managing Mobile Phones in Your Company


InIntegrating Mobile Phones with Your Business Phone System, you'll learn how to...

company rfq failures  Mobile Phones in Your Company Managing Mobile Phones in Your Company Employees can and will use their mobile phones for business purposes. This may be good for your company—but how do you manage these maverick sources of corporate communication? In Integrating Mobile Phones with Your Business Phone System , you'll learn how to forward incoming calls to your employees' cell phones route employees' mobile calls through your company's PBX give your employees access to advanced IP PBX features via their mob Read More

Diversified Global Company Standardizes On SumTotal


Looking to establish global consistency and best practices in managing its employees, and to centralize its HR information and data, ALFA, a Mexican company in manufacturing and other industries, selected SumTotal’s integrated talent management platform to be its standard human capital platform across its diverse business units. See how the flexibility and configurability of SumTotal facilitated ALFA’s new HR strategy.

company rfq failures  Global Company Standardizes On SumTotal Looking to establish global consistency and best practices in managing its employees, and to centralize its HR information and data, ALFA, a Mexican company in manufacturing and other industries, selected SumTotal’s integrated talent management platform to be its standard human capital platform across its diverse business units. See how the flexibility and configurability of SumTotal facilitated ALFA’s new HR strategy. Read More

WMS Helps Vehicle Distribution Company Improve Delivery


JM Family Enterprises knew there had to be a more efficient way to organize its picking, packing, and tracking systems. Because of the specific nature of its documents, it was vital they arrive at the correct dealership on time. In order to achieve continued growth, it would need an automated system. Since implementing a warehouse management system (WMS), the company has reduced its paper processing by 80 percent.

company rfq failures  Helps Vehicle Distribution Company Improve Delivery WMS Helps Vehicle Distribution Company Improve Delivery If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Cadence Logistics & Warehouse Management Software : This warehouse management system (WMS) transforms warehouse operations into fully integrated logistics and fulfillment business. By enabling a company to take orders from multiple sources, process them in real time with mobile, Read More

Mergers & Acquisitions: What Happens When the Company Whose HR Software You Just Purchased Gets Acquired?


Your company has purchased a human resources (HR) software that will improve your business. But you’ve just learned that your software vendor has been acquired by a software giant. How will this affect your software implementation and vendor support? Get a behind-the-scenes look at what mergers and acquisitions means for you—the software buyer—and find out which questions you should ask if you are in this situation.

company rfq failures  What Happens When the Company Whose HR Software You Just Purchased Gets Acquired? “Software companies come and go but software products last forever.” − Anonymous Recent Mergers and Acquisitions in Human Resources It’s no secret that 2010 saw its share of mergers and acquisitions (M&A), especially in the area of human resources (HR), human capital management (HCM), and related software systems. Here are a few deals you may have recently heard of: ADP acquired Workscape Authoria merged with Read More

Case Study: Multifaceted Company Upgrades ERP Application


In times like these, when IT spending is increasingly subject to cutbacks, finding out how to get "more for less" is as crucial to a company’s IT department as making sure that applications run smoothly. In Rome, Italy, Gruppo Tosinvest managed to prove that this challenge—which keeps legions of IT managers awake at night—can be solved.

company rfq failures  Study: Multifaceted Company Upgrades ERP Application Case Study: Multifaceted Company Upgrades ERP Application If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. With enhanced enterprise productivity and insight from the SAP ERP application , you have the power needed to adapt quickly and cost effectively to changing business, market, and industry requirements with ERP solutions Source : SAP Resources Related to Multifaceted Company Up Read More