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 online reverse auctions


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

online reverse auctions  is an auction held online in which vendors, instead of negotiating with the buyer or strategic sourcing specialist, compete amongst themselves for supply of the auctioned input material. The logic is quite simple: Vendors start off with a preset initial bid price, and reduce their bids by multiples of the bid decrement value. The vendor with the lowest price at the closure of the auction is generally the order taker. Prior to the auction going live, necessary parameters, such as quantity on auction,

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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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Quote-to-Order RFI/RFP Template

Online Catalog, PIM Capabilities, Q2O/CPQ Workflow Management, Personalization and Localization, Rule Engines and Knowledge Base (Repository),Document Management (for Proposals and Contracts), Pricing, Customer Information, Reporting and Analysis, Integration and Interfacing Requirements, Engineering Capabilities, Channel Support and PRM, Aftermarket Services, and more. 

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Documents related to » online reverse auctions

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.

online reverse auctions  data with the SupplierMarket.com online strategic sourcing platform for manufactured direct, indirect, and specification-based raw materials. Fourth Shift users who are involved in discrete manufacturing will be able to source built-to-order components and other specification-based materials involved in the manufacture of their end products directly from their desktop computers. Additionally, they will be able to search for open RFQs in their areas of expertise and nominate their company to bid on the Read More

The Advanced Sourcing and Negotiation Benchmark Report


The wave of e-sourcing that began a decade ago resembled a “crash diet:” it had an immediate and noticeable effect on enterprises. Today’s challenge is to develop new programs that can sustain the benefits of e-sourcing and “keep the weight off.” Find out how employing advanced sourcing strategies can help you positively impact product development cycles, build stronger supplier relationships, and make better decisions.

online reverse auctions  a buyer creates an online request for information/price/quote ( e-RFx ) or reverse auction that contains: a) business and category requirements, b) defined business rules that drive bidding activity and control participant visibility, c) an opportunity for suppliers to provide the requested data, and d) an evaluation framework. The relatively high e-sourcing adoption rates reflect the application's ability to model the traditional offline strategic sourcing process. Common event or negotiation types Read More

Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?


Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business service provider, helping companies find buyers to sell their products to and increase inventory asset recovery.

online reverse auctions  leisurely Web browsing and online shopping from our cozy places, albeit sometimes unfortunately bundled with the inconvenience of late or incorrect delivery and lack of order visibility and status tracking, followed by annoying and costly returns (and then unnecessary trips to the postal office, just to negate any promised convenience in the first place). Other Internet-based phenomena include business-to-business (B2B) auctions and reverse auctions. Namely, given the success of eBay in the consumer Read More

Dynamic Ariba Trades Up


Ariba Inc., a leader in electronic purchasing systems for the Internet, has acquired Trading Dynamics, a maker of applications that support business-to-business trading.

online reverse auctions  Ariba Trades Up Event Summary Ariba Inc (Nasdaq: ARBA) announced its acquisition of privately held Trading Dynamics for stock valued at approximately $400 million. The acquisition will enable Ariba to offer such dynamic pricing models as auctions, reverse auctions, and exchanges. The six current customers of Trading Dynamics will be folded into Ariba's current customer network and will therefore have access to all other buyers and sellers on the network. The acquisition is expected to complete in Read More

Case Study: OnDemand Gives BECU Online Training Success


BECU, a credit union with more than 500,000 members, found its existing learning management system (LMS) was leading to employee frustration and not producing the needed training results. The company realized it needed a solution that would scale with the company’s rapid growth and provide functionality for employee performance management. Find out why the company chose Cornerstone’s OnDemand LMS to address its needs.

online reverse auctions  Study: OnDemand Gives BECU Online Training Success BECU, a credit union with more than 500,000 members, found its existing learning management system (LMS) was leading to employee frustration and not producing the needed training results. The company realized it needed a solution that would scale with the company’s rapid growth and provide functionality for employee performance management. Find out why the company chose Cornerstone’s OnDemand LMS to address its needs. Read More

Plex Online Multi-Plant Features


Today’s manufacturer demands a sophisticated network to track inventory, production, and scheduling across multiple locations in different time zones and on different continents. Plex Online extends beyond what status quo enterprise resource planning (ERP) solutions provide by defining which solution structure best meets the unique needs of the manufacturer. See how to manage multiple facilities, divisions, and operations.

online reverse auctions  Online Multi-Plant Features Today’s manufacturer demands a sophisticated network to track inventory, production, and scheduling across multiple locations in different time zones and on different continents. Plex Online extends beyond what status quo enterprise resource planning (ERP) solutions provide by defining which solution structure best meets the unique needs of the manufacturer. See how to manage multiple facilities, divisions, and operations. Read More

Tableau Online


Tableau online offers interactive dashboards in a web browser or on a mobile device. Users can comment on dashboards to share their findings, subscribe toget regular updates, and do all this in a secure web platform.

online reverse auctions  Online Turn everyone into your best analyst with interactive dashboards in a web browser or mobile device. Comment on dashboards to share your findings. Subscribe and get regular updates. And do all this in a secure web platform. Read More

New Product Delivers Spark to Online Marketing


Responsys has announced public beta availability of a web-based application designed to let small and mid-sized firms conduct online permission marketing campaigns. The company offers free use of the product for small campaigns during the beta period.

online reverse auctions  Product Delivers Spark to Online Marketing New Product Delivers Spark to Online Marketing D. Geller - May 10, 2000 Event Summary Responsys Jumpstart is designed to bring the power of Responsys' permission marketing engine to smaller companies than its typical customers, which include Verisign, Virgin, eToys and Lands' End. Responsys products, both the new Jumpstart and the Responsys Insight and Responsys Interact products targeted to the larger companies, offer complete control of e-mail marketing Read More

IMI Hopes Vivaldi Plays Well for Reverse Auctioneer


In signing CoShopper.com, European e-fulfillment vendor Industri-Matematik opens a passage to its least penetrated corner of the globe, the Far East.

online reverse auctions  an attractive alternative to online superstores and traditional auction sites for certain goods. CoShopper has licensed IMI's eFulfillment applications to help it manage the distribution and delivery of items to successful bidders in a rapidly expanding geographic area that will include eight additional European countries before August 2000 and another seven countries by year end. Market Impact Though CoShopper.com is a relatively small contender amid the multitude of online auction houses, the deal has Read More

Advertising Online - A Guide to Successful Market Penetration Part One: Why Internet Advertising


Online advertising is no longer an option, it is a requirement. Sales analysis and customer information gathering are just a few of the benefits.

online reverse auctions  Online - A Guide to Successful Market Penetration Part One: Why Internet Advertising Why Internet Advertising? Online advertising in the past year has proven to be no longer an option, but a requirement. With billions of pages on the web, companies are increasingly feeling the pressure to advertise online to bolster corporate presence, B2B and B2C revenues and to also turn their websites into sources for acquiring client information. Indeed, statistics show that more and more business is being Read More

BBVA Seamlessly Monitors and Improves its Online Reputation


BBVA needed an online tool to detect possible risks to its reputation in order to increase positive feedback and customer satisfaction. IBM Cognos Consumer Insight automates this online analytic process with a high degree of scalability. The solution can identify the subject, type, date, author, title, and country of online comments made about BBVA and its brands.

online reverse auctions  Monitors and Improves its Online Reputation BBVA needed an online tool to detect possible risks to its reputation in order to increase positive feedback and customer satisfaction. IBM Cognos Consumer Insight automates this online analytic process with a high degree of scalability. The solution can identify the subject, type, date, author, title, and country of online comments made about BBVA and its brands. Read More

VisionPlex Empowers Plex Online Users to Customize System Design and Functions


Most software systems have limited capability to customize screens, integrate local business terms, build specific data fields, or create unique reports. Not so with VisionPlex. Plex Online uses innovative VisionPlex technology to bring users the ability to customize screens and functions, design new ones, link screens together and create their own toolbars—all with no programming. See how this technology empowers users.

online reverse auctions  Empowers Plex Online Users to Customize System Design and Functions Most software systems have limited capability to customize screens, integrate local business terms, build specific data fields, or create unique reports. Not so with VisionPlex. Plex Online uses innovative VisionPlex technology to bring users the ability to customize screens and functions, design new ones, link screens together and create their own toolbars—all with no programming. See how this technology empowers users. Read More

Dispelling 7 Common Misconceptions about Online Backups


Are you still using tape, compact disc, or zip drives to do manual data backups? If you still don’t believe an automated online backup is the best way to protect your data, you should take a closer look. Learn what the seven misconceptions about online backups are, and why you shouldn’t worry about transferring your critical business data over the Internet—remote data backup isn’t as hard as it seems.

online reverse auctions  7 Common Misconceptions about Online Backups Are you still using tape, compact disc, or zip drives to do manual data backups? If you still don’t believe an automated online backup is the best way to protect your data, you should take a closer look. Learn what the seven misconceptions about online backups are, and why you shouldn’t worry about transferring your critical business data over the Internet—remote data backup isn’t as hard as it seems. Read More

New Facts on Web Security and Online transactions


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online reverse auctions  on Web Security and Online transactions Do people easily trust your Web site enough to leave their credit card information? If not, it could be costing you—big. You need to do more to gain trust Having an SSL certificate used to be enough to satisfy customer concerns, but today you have to go much further. Get the new facts on Web security and what you can do keep your business thriving in Choosing the Right Security Solution: Moving beyond SSL to Establish Trust . You'll discover how the right tools, Read More