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IT Services E-Procurement
E-procurement is not just for goods and material. The market now offers IT services e-procurement solutions that open access to service sources and seek to

procurement definition  reengineering the total service procurement process. These solutions vary in focus and functionality, but they all attempt to optimize the basic service supply chain. From requisition to the payment process, these solutions look to streamline service procurement processes and provide organizations with the information they need to strategically manage their service suppliers. Utilizing these solutions is a much greater undertaking than accessing expert marketplaces, but the potential benefits are far Read More...

'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study
Now in 2001, the catchphrase is 'Collaborative Commerce', where we unite all of the elements of ERP, CRM, E-Procurement, and SCM into one coherent system within

procurement definition  Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study 'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study R. Garland - September 13, 2001 Introduction  In the early 90's, ERP came of age. Everyone had to have the functionality ERP packages promised. Since then, as Web and Internet technologies have matured, CRM on the front end, and e-Procurement and Supply Chain Management on the back end, have come into their own. Now in 2001, the catchphrase is Read More...
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Documents related to » procurement definition


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

procurement definition  Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement Recommendations for Improvement Take a Guide Software evaluation and selection is a learning process. The selection team will learn a great deal about itself, the company requirements, external software vendors, application software tools, and outside consultants. During 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 Read More...
Measuring the Supply Chain Outside Your Enterprise
Since supply chains, by definition, are about the end-to-end inter-enterprise process, we highlight the growing importance of looking outside your four walls

procurement definition  metrics evolve from a procurement mindset toward a total cost of supply perspective that encourages companies to look beyond their immediate suppliers and shift towards a holistic approach that includes the supply base several tiers upstream. Consider the following examples: Brand manufacturers of digital cameras (and imaging products) have come to realize that their ability to profitably meet demand had a lot to do with how they manage the procurement of the CCDs (the chips that capture the images), Read More...
Elevating Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics
For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk

procurement definition  Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk to ensure supply chain continuity. To do all this, CPOs are turning to procurement analytics—to identify areas of low performance, optimize procurement functions, and reduce costs. Know a four-step process to help you deploy and configure a procurement analyti Read More...
Ariba Goes Vertical: No Pain, Much Gain
Ariba, a leader in E-procurement software and market management, pays $1.86 billion in stock to acquire TRADEX, a vendor of software that lets its customers

procurement definition  lets companies engage in E-procurement, and manages marketplaces that bring together its buy-side customers with vendors. Ariba's marketplaces are primarily for MRO (maintenance, repair and operations) products. TRADEX sells software that allows its customers to build and manage Internet marketplaces. Market Impact It has been obvious for a while that Ariba needed to make a move into the incredibly fertile arena of vertical markets. The acquisition of TRADEX lets it do that without the pain of developing Read More...
Remedy Plots A Course To Travel And Expense Capabilities
Remedy further extends the capabilities of its self-service e-procurement application with Necho’s travel and entertainment expense product.

procurement definition  Java solution that supports procurement and T&E cards, foreign tax and VAT reporting, security features that include the use of SSL (secure socket layer) protocols and proprietary database encryption, and a rich language for defining and validating workflow rules. Remedy has extensive experience with workflow-based products (see Remedy Corporation: Poised for a Comeback? ), ranging from its traditional help desk product through its most recent employee self-service products such as Purchasing@Work and Read More...
Concur's Customers Can Network Now
Following the path of other E-procurement vendors, Concur announced a purchasing network for large companies. At the same time, Concur announced that its entire

procurement definition  player in the hot E-procurement market. The Concur Commerce Network will give Concur's E-procurement customers a marketplace to display and purchase their wares. The company claims that its network already offers thousands of suppliers. Concur also announced that electronic purchasing and the rest of its Concur eWorkplace suite of products will be available as an outsourced service to small and mid-sized companies. Using Concur Procurement, such companies will have access to the Concur Commerce Network Read More...
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

procurement definition  Teach Competition to Your Procurement Process 1. Ethical Procurement Ethics dictates that business be conducted with integrity , fairness , and openness , which require open communication within and among both buying and supplying organizations, and thereby give any organization a chance to compete for contracts and win. It seems like a week does not go by without one hearing a story demonstrating lapses in business ethics stories, where lucky contract winners share close friends in strategic places, as Read More...
Engineer-to-Order (ETO ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help

procurement definition  to-Order (ETO 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 Read More...
Through Knowledge Base Technology Selections Deliver Value
A major consulting firm recently unveiled an E-Procurement selection tool that helps its clients select technologies that enable their business objectives. The

procurement definition  help its clients select E-Procurement technologies based on each client's specific business objectives. The tool arms field consultants with information on the functional and technical capabilities and implementation characteristics of various E-Procurement solutions. The information is accessed though a patented decision support tool that allows field consultants to provide clients with quantitative analysis that indicates which E-Procurement software represents the best fit and the risks associated Read More...
Requirements Definition For Package Implementations
How do you go about defining the requirements of large package systems, particularly those with the all-encompassing scope of ERP, EAM, and CRM software, and

procurement definition  Definition For Package Implementations Premise Defining the requirements of software is where a company sets the expectations of the software and specifies how it is to function in specific circumstances. This should not be the initial attempt at this process. As part of the package selection process, the broad specifications of the software should have already been defined and used to evaluate and ensure that the selected software is the best fit for your company. In the requirements Read More...
Concur Scores A Bingo
Concur took a quantum leap in providing E-procurement services to small and mid-sized businesses by partnering with Nortel Networks and SAFECO. The resulting

procurement definition  have insurance salesfolk selling E-procurement systems remains to be seen, but we think there is a reasonable chance of catching a good deal of small company business through that channel. However, even before the votes are tallied Concur's competitors will certainly begin to think along the same lines. There are many industries that maintain regular sales contact with small and mid-sized businesses, ranging from Baby Bells to the people who stock the water cooler, and Concur's competitors will be Read More...
Commerce One: First SAP, then Microsoft. But What About Clarus?
Commerce One announced an expanded partnership with Microsoft. Will e-procurement be an integral part of your next operating system?

procurement definition  that shares of another e-procurement vendor, Clarus dropped 18% on the news - or, to be accurate, Clarus shares dropped and some analysts attributed the drop to the news about Commerce One, reasoning that Clarus' own relationship with Microsoft would be weakened by the Commerce One deal. Market Impact TEC is concerned but somewhat skeptical about the relationship between the Commerce One deal and the Clarus drop. As Figure 1 shows, Clarus' stock problems do predate the Commerce One-Microsoft Read More...
Life-sciences E-commerce Supplier Grows
Chemdex is a provider of business-to-business procurement for the life sciences industry. Leveraging the strength of its recent IPO, the company is expanding

procurement definition  erp systems,purchase order systems,reverse auction software,purchase order tracking,requisition software,reverse auction sites,online reverse auctions,supplier audits,purchase order system,e procurement software,supplier management software,procurement companies,purchase order software,software purchasing,reverse auction site Read More...

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