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Agricultural Commodity Trading - Quite a Different Business
The Business of Agriculture Commodity Trading Recently, I had the opportunity to take a detailed look at the agriculture commodity trading and risk
hardness, etc. Theoretically, the same commodity may be a variety of very similar but still separate products. b. The coexistence of multiple units of measurements and multiple variations in defining the same unit of measure (depending on the region or on the product) creates numerous problems for businesses. For instance, there are multiple definitions of a bushel: the weight of a bushel of corn would not be equal to a bushel of barley, or soybean because of their differing densities. Furthermore,
Point of Sale (POS) Systems RFI/RFP Template
Transaction Management, Register Management, Sale Slip Management, Price Management, Inventory Management, Reports and Inquiries, Business Architecture, Product Technology
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Warehouse Management Systems (WMS)
A warehouse management system (WMS) should provide database and user-level tools in order for a company to optimize its storage facilities while at the same time providing user level task direction...
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Is There a Panacea for Enterprise Software Pricing Yet?
While enterprise applications are becoming a commodity, their pricing schemes have yet to follow suit. Users are put in a costly position where the
to be following the same rules. Indeed, we can hardly think of any top-of-the-line enterprise application (the equivalent of a Lamborghini or Harley Davidson , say) that a wealthy business would deploy just to feel cool, regardless of the application's high price-per-performance ratio. (Forgive us if we are not yet aware of an enterprise application that run on Macintosh , which would allow customer-supplier collaboration, and permit customers to order and track their complex products via iPod -based
Is Enterprise Resource Planning Becoming a Commodity?
All was fine, methodical, and elegant until enterprise resource planning (ERP) vendors started aspiring to new customer acquisitions in the hundreds per annum
be flexible. At the same time, one of the major drivers for ERP adoption is business control. These contradicting features of flexibility and control need to coexist. Key users need to have the flexibility for effective fulfillment, and control need to be exercised with respect to the rest of the users. For example, key users should be able to role-play to complete their peer's tasks when the situation warrants, and the system should keep track for business clarity. Role definition in a system thus ne
If Software Is A Commodity...Then What?
Many, if not most categories of software have become commodities. Vendors hate to hear it, but most of the products in a category produce the same results
pretty much in the same way. If this is true, how do user select the right vendor? How does a vendor get selected? Yes, A Commodity! How do we define a commodity in the software world? Both vendors and end users tend to focus on features, but both should focus on the needs of the business. A commodity situation exists when multiple products can satisfy the needs of the business with no meaningful difference in the results. This is more typical in a mature market (for example, categories like ERP, SCM,
Commodity Software, Best Practice and Competitive Advantage
Can industry-leading practice be found in a commodity software package? If we accept that application software is a commodity, by definition, the answer is no.
company will have the same practices as their competitors. So, if both you and your competition use software, and application software is a commodity, how can you be better than your competitors? We need to face the fact that commodity software means everyone can have best practice. We cannot assume that competitors are doing less with than best practices because today, it is easier to use best practice than not to. We need to assume that application software makes us as good as our competitors at best. T
You Say RFI, I Say Riffy: Why You and Your Vendor Need to Speak the Same Language
When ideas fail, words come in very handy. - Johann Wolfgang von GoetheSoftware Selection PitfallsQuick, what’s the number-one pitfall of the software
Need to Speak the Same Language When ideas fail, words come in very handy. - Johann Wolfgang von Goethe Software Selection Pitfalls Quick, what’s the number-one pitfall of the software selection process? If you said “budget, buy-in, and boardroom politics,” you’re wrong. Because that’s three pitfalls. We’ll get into those another time. Miscommunication, on the other hand, will torpedo your software selection project faster than a Mark 46. Here’s a great example, from Fatal Flaws and
What Size Is Your Business, Really?
I deal with many software professionals, technology business users, consultants, and analysts, and it is interesting to observe that everyone uses the same
that everyone uses the same conventional mantras and familiar words, but often with slightly different meanings, and sometimes with totally different meanings. A good example of this is how businesses determine their size category: small, medium, or large. It appears simple, but it is not always that obvious in reality. Definitions of small, medium, and large businesses vary significantly depending on the following factors: • Defining method : The criteria for determining whether a business
QAD Enterprise Applications: Warehouse Management Systems (WMS) Competitor Analysis Report
A warehouse management system (WMS) should provide database and user-level tools in order for a company to optimize its storage facilities while at the same
facilities while at the same time providing user level task direction and activity support. The WMS should enable warehouse operators to optimize pick, put-away, and replenishment functions by employing powerful system logic to select the best locations and sequences.
5 Tech Solutions for Top HR Time Wasters
Even the most seasoned HR professionals can ﬁnd themselves trapped in the same administrative time drains day after day. This eBook gives ﬁve technology tips
themselves trapped in the same administrative time drains day after day. This eBook gives ﬁve technology tips that allow you to work smarter and reclaim hours of lost time in the day while making your entire organization more productive. By streamlining and automating routine, time-consuming activities you’ll be able to spend more time on strategic, value-added activities and less time on administration.
Real-time Business: Playing to Win in the New Global Marketplace
To be successful in the data-driven economy, companies must leverage intelligence instantly and take immediate action. At the same time, they must ensure their
immediate action. At the same time, they must ensure their decisions are based on proper data and analysis. So how are today's executives responding? To explore these issues, Oxford Economics surveyed 525 executives in March 2011. Download this report for full analysis of the results.
6 Best Practices for Managing Security on Mobile Devices
If you're not protecting these mobile devices with the same diligence, there are simple steps you can take.
mobile devices with the same diligence, there are simple steps you can take. Find out in Best Practices for Managing Security on Mobile Devices . You'll learn about six key things you can do to make sure your company is protected if any of these devices are lost, hacked, or compromised in any way. Mobile devices are a powerful business tool, but constitute a real and growing threat to the security of your company's data and business secrets. Find out how to avoid security problems before they occur.
Getting Strategic Planning and Financial Planning in the Same Bailiwick
To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected
Financial Planning in the Same Bailiwick By partnering with operations on balanced scorecard initiatives, financial managers are helping their companies focus on critical business processes and gain consensus on the critical set of measures to help drive desired business results. In addition, with the explosion of Enterprise Resource Planning (ERP) and e-Commerce systems, financial executives are leading the charge in going from theory to practice by developing a cascading measurement architecture and
Two Sides of the Same Coin: Using Succession Management and Career Development to Improve Talent Mobility
Sides of the Same Coin: Using Succession Management and Career Development to Improve Talent Mobility
How Much Should You Pay for Your Business Phone System?
Different buyers pay different prices for the same business phone system. While some buyers hesitate to negotiate the “special price” quoted to them, others
different prices for the same business phone system. While some buyers hesitate to negotiate the “special price” quoted to them, others leverage insider knowledge about the buying process to get a significantly better price for the same system. Our expert shares valuable phone system price negotiation techniques to empower you to get the best price on your business phone system equipment and service.
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