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A Well-designed Solution for Sourcing: Its Technological Foundation and How It Works
TradeStone has developed an application that can be quickly configured to shift data in and out of traditional enterprise planning systems. Organizations can

rfq bids rfq  wants to extend an RFQ to several small manufacturers in the Far East to make a batch of polo shirts. The buyer would input the specifications in a preset form designed to support retail purchases, with fields for necessary data like size, fabric, or color. The buyer would also have to provide the e-mail contact addresses of the suppliers he or she desires to engage, and then would initiate the quote process. Currently, TradeStone does not help with finding prospective vendors in these faraway Read More
Discrete 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 or...
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Documents related to » rfq bids rfq


Microsoft Business Network (MBN)--Coming of Age? Part Two: Market Impact
Microsoft Business Network (MBN) has the potential to deliver the never really (or hardly ever) realized benefits of early dot-com era Internet trading

rfq bids rfq  performing request for quotes [RFQs], conducting auctions and reverse auctions, etc.), often without charging single transaction fees and unnecessarily repelling the customers wary of being nickeled and dimed till blue in face . To that end, MBN has been for some time (over two years) in live use in Mexico and Argentina as a part of Microsoft bCentral integrated on-line marketing services for small businesses, where it has been used to link 25 large retail trading hubs to some 4,000 trading partners. Read More
The Hidden Gems of the Enterprise Application Space
Given ever-shorter product life cycles and companies' ever-increasing reliance on third parties to increase customer satisfaction, the need for some form of

rfq bids rfq  properly without suppliers answering RFQ criteria and submitting bids. With the core procurement functionality matured, buyers and vendors need supplier participation to achieve a level of collaboration to complement the procurement process. Given ever-shorter product life cycles and companies' ever-increasing reliance on third parties to increase customer satisfaction, the need for some form of supplier relationship management (SRM) category of software should not be questioned. Still, the indirect Read More
Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 2
Part 1 of this blog series introduced common supply chain challenges and resulting spend management opportunities for companies of all sizes. The article then

rfq bids rfq  RFB and s ourcing RFQ events are those in which sourcing agents are called upon to assist in the actual purchase or sale, or to provide defining information. Agents can, in turn, create another event from the original one as needed. Frequently, companies use this event type when they are unsure about exactly what it is they are buying or selling and they need some assistance defining it. In a manner of speaking, TEC is sn example of an agent helping companies source enterprise applications. In Read More
ecFood Approaches Profitability - An Internet Trading Exchange Bright Spot
Focused on the sourcing needs of the food and beverage industry, ecFood has announced $50 million in transactions during the first quarter of 2001 with its

rfq bids rfq  auctions, Request for Quote (RFQ) and one-to-one negotiation tools in a Demand Aggregation or individual format. These buying options are backed by professional services that include Market analysis, Item profiling, Sourcing configuration, SKU rationalization and Supplier recruitment. A combination of professional services and tools provide the purchaser with work flow to move from their current state to one of being ready to utilize web-based sourcing. The workflow assists the purchaser in selecting Read More
The Benefits of Focusing on a Niche and Serving it Well: EcFood - A Dot-com Making It
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being highly focused can bring value to

rfq bids rfq  management, auctions, RFP and RFQ. Additional services added in 2001 were invoicing and payment programs, which expedited the supply chain process for both sides involved in the supply chain process. Plus, ecFood expanded aggregated product programs in packaging, logistics and ingredients. ecFood currently provides online transaction and membership-based group buying services to over 40 industry leaders from several segments of the food industry. Segments include major consumer brand manufacturers, Read More
A Dynamic Answer to Enterprise Resource Planning for Services
Enterprise resource planning (ERP) vendors do battle to win business and Epicor is leveraging Microsoft's technology to deliver a mid-market solution to

rfq bids rfq  Dynamic Answer to Enterprise Resource Planning for Services Although revenue for Microsoft Business Solutions hovers around the $1 billion (USD) mark (only 1/40 of Microsoft's total revenue), Epicor has strategically carved out a significant niche in the Microsoft enterprise resource planning (ERP) market. Epicor, a Microsoft BackOffice certified company, has built nearly a $400 million (USD) business by being early adopters of .NET technology and one of the first enterprise applications to have 1,000 Read More
Emptoris: Opening a New Chapter of Prosperity - Part 2
Part 1 of this blog series talked about my impressions following an upbeat and constructive business update meeting at Emptoris’ headquarters. Under its new

rfq bids rfq  Opening a New Chapter of Prosperity - Part 2 Part 1 of this blog series talked about my impressions following an upbeat and constructive business update meeting at Emptoris ’ headquarters . Under its new investors’ wing, with a new customer-focused CEO, and with the  former Click Commerce 's contract and service management (CSM) business as a new major capability , Emptoris has charted a new course recently. Results Are Telling The company had two back-to-back record quarters, whereby Read More
American Software - A Tacit Avant-Garde?
Throughout June, American Software, Inc. continued to announce additional functions that broaden the scope of its e-intelliprise application suite. It also

rfq bids rfq  the user when an RFQ has been opened for a product. Using wireless capability, the user can accept a vendor bid instantaneously, wherever they are, immediately after a bid is transmitted. After the bid is accepted, a purchase order is created and tracked through the back office system using the front-to-back office integration of e-intelliprise. By giving e-intelliprise wireless capability, American Software is delivering the real-time notification to mobile decision-makers that virtual companies need to Read More
PeopleSoft Gathers Manufacturing and SCM Wherewithal Part One: Recent Anouncements
Hiring the former APICS president to head its manufacturing industry efforts a year ago, the high profile acquisition of renowned manufacturing ERP provider J.D

rfq bids rfq  MRP, manufacturing cost, financials, RFQ management and control, and upload programs. Of critical interest to aerospace firms competing in the market's second tier, the suite also includes modules for: Lot and Serial Control, which provides for automated full lot and serial number traceability through the material's system. Project Control, which tracks costed transactions by project and details project status on-line at any point in the life cycle of the project. Design Engineering, which is a sandbox Read More
Stemming the Loss of Knowledge Capital: A Business Fix for Manufacturers
The clock is ticking for manufacturers to come up with a solution to the ongoing loss of knowledge capital. Their best hope lies in introducing knowledge

rfq bids rfq  the Loss of Knowledge Capital: A Business Fix for Manufacturers Manufacturers are in danger of losing significant knowledge capital. Natural employee attrition, such as departures or layoffs, inevitable retirement, and the brain drain are contributing to an exodus of knowledge. Manufacturers should introduce efficient and effective knowledge management strategies across the enterprise before it's too late. By creating a repository of knowledge capital, manufacturers can increase productivity by Read More
Emptoris: Opening a New Chapter of Prosperity - Part 1
Good news is scarce these days across the board, and I am always keen on reporting on rare bullish enterprise applications businesses, especially if the

rfq bids rfq  Opening a New Chapter of Prosperity - Part 1 Good news is scarce these days across the board, and I am always keen on reporting on rare bullish enterprise applications businesses, especially if the company is in my neck of woods. Recently, I had an upbeat and constructive business update meeting in person at Emptoris ’ headquarters. The Burlington, Massachusetts, US-based company was founded in 1999 as a  strategic sourcing software  company, pioneering the use of optimization in  strategic Read More
Taking Stock of TAKE Supply Chain Solutions - Part 1
Over the past several years I’ve repeatedly heard of a supply chain management (SCM) software and professional services company called ClearOrbit that was

rfq bids rfq  for  request for quote (RFQ)  and corresponding standing quote (SQ), package tracking, compliance labeling, ship confirmation,  drop-shipping , and  cross-docking . Unlike other players in the value chain collaboration segment, ClearOrbit offered its customers an end-to-end on-demand SCM solution – where supplier collaboration, compliance labeling, shipment controls, package tracking,  electronic invoice presentment & payment (EIPP) , A/P automation, and rule-based workflow management were all Read More
An Overview of the Knowledge Based Selection Process
The TechnologyEvaluation.Com’s (TEC) Knowledge Based Selection Process is a multi-part comprehensive analysis of a vendor’s tactical, strategic and qualitative

rfq bids rfq  and services desired. The RFQ is provided to the finalists (typically at the Bidder's Conference) to allow them to prepare their cost proposal in parallel with the other process activities. This timing provides the opportunity to dovetail all the process elements together to permit a comprehensive analysis of all factors that affect a recommendation without impacting the schedule. Vendor responses to the RFQ are entered into the decision support model and analyzed. Each finalist is compared relative to Read More
Emptoris
The combined company's possibly biggest challenge remains a lack of awareness of the need for sourcing/spend management. While many people have realized the

rfq bids rfq  capabilities like spending analysis, RFQ, bidding analysis, negotiation, contract development, category management, cost savings tracking, specification management, and supplier performance management. More intricate capabilities like cost estimation and target costing, knowledge management (KM), market analysis, the make versus buy analysis, value engineering, supplier design collaboration, buyer-supplier joint cost reduction projects, etc. are still mainly provided through complex not-automated, Read More

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