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 it procurement justification


Competuition: Teach Competition to Your Procurement Process
High-profile corporate scandal has resulted in laws such as the Sarbanes-Oxley Act, to monitor business practices. To help safeguard against unethical practices

it procurement justification  Indeed, in some cases, it may cost more to enter into a competitive procurement to do business directly with a supplier because of the unicity of the requested products, the inadequacy of other sources, the immediacy of your needs, or the emergency or legitimacy of circumstances. In other words, competition should be promoted pragmatism, with other methods thus becoming exceptions. Competitive procurement is the contractual acquisition (purchase or lease) by an organization of any kind of asset, whether

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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

E-procurement RFI/RFP Template

Buying Entity Features, Selling Entity Features, Consulting services, Marketplace, Asset Management, Product Technology  

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Documents related to » it procurement justification

Is Fourth Shift Succeeding in Providing 'Complete Customer Care'?


On July 25, Fourth Shift Corporation and SupplierMarket.com announced a partnership that will enable purchasing professionals to locate ideal trading partners, submit RFQs for new contracts, and receive the results of reverse auctions, all from their familiar Fourth Shift vendor operations, manufacturing planning and scheduling, and product definition screens. Earlier, on July 18, Fourth Shift Corporation reported a loss of $.37 per share for the second quarter ended June 30, 2000.

it procurement justification  for these applications, which it calls e-Business Centers, through the purchase of Computer-Aided Business Systems (CABS), which specialized in developing workflow-based e-business solutions. This acquisition has also somewhat mitigated the company's multi-site product functionality, which was mediocre in the past. Fourth Shift offers products and services for e-commerce, including but not limited to online catalogs, Internet storefronts, online credit checking, credit card validation, rules-based paramet Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

it procurement justification  this journey of discovery it is often helpful to take a guide someone who has been there before and can lead you through the process. When looking for a consultant to guide you through the process, look for a firm that is unbiased and has no hidden agenda. Many consulting firms resell software or have close financial alliances with software vendors. While these consultants may be very useful during the implementation phase, their judgment may be impaired during the selection phase. Also closely examine Read More

ERP Trivia - Every Why Should Have Its Wherefore Part 1: ERP Trends


We take the liberty to comment on the findings of a report, which was recently released by a renowned research organization, and which pinpoints ERP implementations’ dissatisfactions in no uncertain terms.

it procurement justification  When benefits were achieved, it took six months longer than expected. This lag was often due to the pressure to go live prematurely, resulting in substantial post-implementation efforts to identify and measure shortcomings and deficiencies. Most companies are discovering that a quantifiable business need is a prerequisite for a high level of satisfaction with ERP initiatives. Many ERP initiatives are still systems-driven and these are more likely to fail than those that are business led. In addition to Read More

Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

it procurement justification  than a thousand firms, it covers common problems and working solutions for how to effectively implement and use ERP systems. The book can be ordered on amazon.com. This excerpt on Justification of ERP Investments is presented in four parts: Quantifiable benefits from an ERP system The intangible effects of ERP Costs of implementing an ERP system Replacing or re-implementing an ERP system Reprinted with permission of McGraw-Hill. Quantifiable Benefits from an ERP System Studies that surveyed Read More

Grupo Posadas S.A.B. de C.V. Implements Hosted IT Infrastructure and Saves 30% on IT Maintenance




it procurement justification  de C.V. Implements Hosted IT Infrastructure and Saves 30% on IT Maintenance Read More

Dealership Management System: What Is It and Who Needs It?


What Is a DMS? When one talks about a DMS, people usually think about a document management system, a data management system, or even a destroyer mine sweeper. But very few people know that it’s also the acronym for “dealership management system,” which is a product or package of several products which is created specifically for the automotive industry. The core of any DMS is a

it procurement justification  Management System: What Is It and Who Needs It? What Is a DMS? When one talks about a DMS, people usually think about a document management system, a data management system, or even a destroyer mine sweeper. But very few people know that it’s also the acronym for “dealership management system,” which is a product or package of several products which is created specifically for the automotive industry. The core of any DMS is a system similar to enterprise resource planning (ERP), with, however, Read More

IT Sales Lead Generation: Understanding the Complex Sales Needs of the IT Industry


The sales lead generation process for technology companies is very different from lead generation in other industries. Technology sector needs are more precise, and the target market is almost exclusively business-to-business (B2B), with the individuals often being decision makers high up the corporate ladder. Find out how to reach this difficult target, with prospecting methods and tips for making more complex sales.

it procurement justification  Sales Needs of the IT Industry IT Sales Lead Generation: Understanding the Complex Sales Needs of the IT Industry If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. TSL provides a range of sales lead generation , telesales and marketing services that increase sales for technology companies worldwide, and keeps their clients happy. Source : Technology Sales Leads (TSL) Resources Related to IT Sales Lead Generation: Understanding the Read More

e-Procurement Is Not Electronic Purchasing


This is the transcript of an Audio Conference on e-procurement conducted by TEC during which brief case studies of how companies have improved inventory turns and reduced procurement costs through Internet enabled collaboration with suppliers were presented.

it procurement justification  a pretty picture. But it is not the entire story either. While this person waited for her tablet, hundreds of other employees were drawing from 'office stocks' that had been hoarded over the months and hundreds more were stopping by The Office Superstore on the way back from lunch and submitting Expense Reimbursement Vouchers to Accounts Payable for the same types of materials. My grandmother had three suppliers and four items to buy and she barely had to leave her rocking chair. How can a company Read More

E-procurement RFI/RFP Template


Buying Entity Features, Selling Entity Features, Consulting services, Marketplace, Asset Management, Product Technology

it procurement justification  than a RFP template, it is a working document that serves as a knowledge base reference throughout the life-span of your software project. Use this template to gather your requirements, build RFIs and RFPs, and track the progress of your software implementation. Gather Your Requirements Quickly and Effectively Identify and prioritize the features and functions you need instead of building a list from scratch. Easily add your company's unique requirements. Find out what features and functions vendors Read More

Deliver Smarter Products and Services by Unifying Software Development and IT Operations


Unifying development and operations is a critical aspect of enabling a dynamic infrastructure—one that improves service, reduces cost, and manages risk to better meet the evolving challenges of today’s technology, application, and business environments. This white paper introduces a process and product framework to help organizations enable a more dynamic infrastructure for delivery of smarter products and services.

it procurement justification  Unifying Software Development and IT Operations Unifying development and operations is a critical aspect of enabling a dynamic infrastructure—one that improves service, reduces cost, and manages risk to better meet the evolving challenges of today’s technology, application, and business environments. This white paper introduces a process and product framework to help organizations enable a more dynamic infrastructure for delivery of smarter products and services. Read More

CRM: What Is It and Why Do It? Part One: Historical Background


Many consultants, vendors, and analysts today define CRM in terms of being a customer-centric business strategy that is enabled by a set of applications that support customer-facing functions and management decision making. That may capture the essence of what CRM is, but it does not begin to capture why an end user organization should invest significant resources to pursue such an initiative.

it procurement justification  What Is It and Why Do It? Part One: Historical Background Historical Background Customer relationship management (CRM), a concept that has been around since the mid 90s, has its roots in the technology of sales automation and call center operations. At that time, it was thought that merging the customer data from the field (sales) with the call center interactions would result in more informed interactions with the customer. The concept resonated with user organizations and soon mergers and Read More

Enabling Profitable Growth through Procurement: Transforming the Sourcing and Procurement Organization


Historically, sourcing and procurement companies have been concerned mainly with reducing costs and ensuring supply availability and quality. However, this is changing. Savvy businesses are moving beyond traditional sourcing and procurement goals, and looking to the procurement company to drive competitive advantage and deliver value. Discover the sourcing strategy tricks some successful companies are using.

it procurement justification  Profitable Growth through Procurement: Transforming the Sourcing and Procurement Organization Historically, sourcing and procurement companies have been concerned mainly with reducing costs and ensuring supply availability and quality. However, this is changing. Savvy businesses are moving beyond traditional sourcing and procurement goals, and looking to the procurement company to drive competitive advantage and deliver value. Discover the sourcing strategy tricks some successful companies are Read More

IT Project Risk Assessment


Information technology project risk often comes from non-technical aspects of the initiative. Assessing the impact of technology on people, management systems and other initiatives is essential to assure project success.

it procurement justification  Project Risk Assessment IT Project Risk Assessment J. Dowling - August 22, 2002 Introduction   Information technology project risk often comes from non-technical aspects of the initiative. Assessing the impact of technology on people, management systems and other initiatives is essential to assure project success. We automate problems This department slogan was posted on my office door (the inside) for several months while I and other managers in the department struggled to break out of a string of Read More

The Wheres of Electronic Procurement


An overview of one of the central issues facing a deployment of e-procurement: Who controls the software?

it procurement justification  model - or, when it serves a vertical market, the vortal model. Trade-offs Each model has advantages and disadvantages for the buyer (and, of course, for the seller). The important questions revolve around who builds and maintains the catalogs that show what products are available, how well the procurement functions integrate with corporate procedures and back-end systems, and how convenient the result is for the buyer's employees. In the Main Street model each vendor puts up its own catalog, possibly on Read More