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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

rfq bids  materials. While the pre-auction RFQ went off well, vendors refused to submit bids in the actual event. This was because the initial bid price was much lower than what the vendors had indicated in the RFQ. Eventually, the auction had to be cancelled and fresh quotations were invited which were, predictably, at much higher rates. Yet another Asian FMCG company found its cost savings quickly evaporate as the lead vendor (chosen on a least price basis) could not adhere to scheduled timelines. Another vexing 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


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  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...
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  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...
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  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...
Emptoris
The Emptoris acquisition of Zeborg is both a wise offensive and defensive move since it combines the resources of two companies that should focus on arguably

rfq bids  analysis, identifying potential suppliers, RFQ and contract negotiation, and monitoring and improving suppliers (which logically may happen both before and after the contract signing). As companies continue to strive to reduce the internal costs of their products and services, more pressure is on the procurement group to source from the right supplier that can deliver as needed, at the right price, but also subject to many other measures some of which can be of a non-quantitative nature, such as product Read More...
The New Manugistics Debuts eBusiness Products
Stockholm-based International Business Systems (IBS) announced it had acquired 90% of Finnish company, Progma OY. Progma is a service provider offering facility

rfq bids  New Manugistics Debuts eBusiness Products The New Manugistics Debuts eBusiness Products S. McVey - February 2nd, 2000 Event Summary At its press analyst day on Tuesday, Manugistics announced new tools and applications for Internet B2B collaboration intended to put the ailing supply chain management vendor back in the game. Distancing its applications from what it termed traditional eBusiness solutions, Manugistics hailed the new offerings as the next evolutionary step in online trading networks, 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  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...
Reference Guide to Supply Chain Management (SCM) Features and Functions
This guide to supply chain management (SCM) functions/features will help you determine which SCM features are a high priority for your organization. Learn about

rfq bids  a request for quotation (RFQ), or a formal purchase order, all information that is exchanged during the shipment life cycle should be facilitated by the international trade logistics (ITL) system. This requires a synchronized system and process, where the product and shipment requirements are integrated into an automated order fulfillment environment. The product item master and associated tables will determine the cost of the product as well as the relationship between the product and any duties or Read More...
CDC Software Wins the Pivotal Auction. Now What? Part Two: Market Impact
Pivotal, had been feeling the competitive pressures coming from many directions. Despite many mid-market and niche CRM vendors' attempts to overcome these

rfq bids  cdc corporation,cdc crm,cdc crm solutions,client relationship management,partner relationship management,partner relationship management prm,partner relationship management software,partner relationship management system,pivitol crm,prm software,relationship management,customer relation management,customer relations management,customer relationship,customer relationship management Read More...
Chatting with TradeStone Software @ NRF BIG Retail Shows - Part 1
Some signs of a modest economic recovery and cautious optimism are shyly popping out, although they might be only be crumbs of comfort for many unemployed

rfq bids  complexities of sourcing from RFQ to supplier selection and negotiation Order Management: Supports domestic and international ordering, shortens the order placement and collaborative confirmation processes Supplier Management: Increases visibility and collaboration with trading partners for improved performance and relationship quality Logistics & Finance: Integrates packing lists, invoices and trace and track data, to provide a holistic view of production and delivery processes The MLM approach supports Read More...
Enterprise Applications Battlefield Mid-Year Scoreboard Part 3: IBM
IBM still needs to convince users that it is nimble enough to handle the smaller projects prevalent in today’s cost-conscious market, which may be a concern

rfq bids  Applications Battlefield Mid-Year Scoreboard Part 3: IBM Enterprise Applications Battlefield Mid-Year Scoreboard Part 3: IBM P.J. Jakovljevic - August 28, 2002 Event Summary The market has recently witnessed a number of high-profile announcements of stalwart vendors in the enterprise applications space. Given the contrasting nature of these announcements, from impressive to disappointing financial performances on one hand, and from new acquisitions and/or job openings to massive layoffs on the Read More...
Coping with the Crunch: How Innovation Helps the Johnson & Johnson Sales and Logistics Company, LLC Optimize Transportation Capacity
The Global Transportation Organization, a division of Johnson & Johnson, successfully dealt with the global transportation crunch. Factors contributing to its

rfq bids  GTO,Global Transportation Organization,Johnson & Johnson,third party logistics,3PL,transportation,carriers,innovation,shipper,truckload,RFP,request for proposal 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  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...
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  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...

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