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 procurement sourcing council


Elusive Profits, Expensive Mistakes: the Pitfalls of Overseas Sourcing
Extending supply lines overseas brings new commercial and operational challenges that are far more complex than ever before. Enterprises are exposed to an

procurement sourcing council  Process | Supply Chain Procurement | Supply Chain Purchasing | Supply Chain Recruitment | Supply Chain Risk | Supply Chain Security | Supply Chain Services | Supply Chain Software | Supply Chain Solution | Supply Chain Sourcing | Supply Chain Strategy | Supply Chain Systems | Supply Chain Training | Supply Chain Value | Supply Chain Visibility | Business Supply Chain | Effective Supply Chain Management | Global Supply Chain | Improve Supply Chain | Industry Supply Chain | Integrated Supply Chain | Lean

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Supplier Relationship Management (SRM) RFI/RFP Template

Design, Sourcing, Procurement, Fulfillment, Manufacturing, Settlement, Utilities, Infrastructure, Product Technology 

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Documents related to » procurement sourcing council

The CPSIA Is Coming–Is Your Company Ready?


Recently introduced Consumer Product Safety Improvement Act (CPSIA) regulations include labor-intensive safety and testing guidelines for children’s products, footwear, and apparel. Brands and retailers that may have slashed jobs in response to the weak economy must meet these regulations with fewer people. Learn about solutions that help your company make compliance part of a comprehensive supply chain strategy.

procurement sourcing council  Global Outsourcing | Global Procurement Sourcing | Global Products Sourcing | My Global Sourcing | Retail Global Sourcing | Sustainable Global Sourcing | CPSIA Global Sourcing | CPSIA Global Sourcing Advantages | CPSIA Global Sourcing Advisory | CPSIA Global Sourcing Agreement | CPSIA Global Sourcing Alliance | CPSIA Global Sourcing Benefits | CPSIA Global Sourcing Best Practices | CPSIA Global Sourcing Business | CPSIA Global Sourcing Center | CPSIA Global Sourcing Challenge | CPSIA Global Sourcing Read More

Case Study: Terumo


Terumo Cardiovascular Systems, global manufacturer and distributor of medical products, has more than 1,500 finished goods, many of which are assembled in one factory and sterilized in another. With so many products and steps in the supply chain, supply and demand planning abilities are key to smooth operations. Find out how the company saved $1 million (USD) with forecast management and requirements planning solutions.

procurement sourcing council  Processes , Supply Chain Procurement , Supply Chain Purchasing , Supply Chain Quality , Supply Chain Risk , Supply Chain Security , Supply Chain Services , Supply Chain Software , Supply Chain Solutions , Supply Chain Sourcing , Supply Chain Strategy , Supply Chain Technology , Supply Chain Tools . Terumo Cardiovascular Systems (Terumo CVS) is a global manufacturer and distributor of a wide spectrum of products for the medical industry. The company has more than 1,500 finished good SKUs composed of Read More

Driving Costs Out of the Supply Chain: Inbound Logistics


One of the most neglected areas of the manufacturing and retail supply chain is the inbound logistics segment. Following best practices and creating a collaborative allows companies to save money and streamline operations.

procurement sourcing council  Process | Supply Chain Procurement | Supply Chain Purchasing | Supply Chain Recruitment | Supply Chain Risk | Supply Chain Security | Supply Chain Services | Supply Chain Software | Supply Chain Solution | Supply Chain Sourcing | Supply Chain Strategy | Supply Chain Systems | Supply Chain Technology | Supply Chain Tools | Supply Chain Training | Supply Chain Value | Supply Chain Visibility | Business Supply Chain | Financial Supply Chain | Global Supply Chain | Improve Supply Chain | Industry Supply Read More

Optimize Internal Supply Chain


The new reality for manufacturing CIOs is that budgets are far less than what they used to be and the ability to provide business intelligence to front line users in a simple and workable format is a new measure of information technology (IT) performance.

procurement sourcing council  Processes | Supply Chain Procurement | Supply Chain Purchasing | Supply Chain Recruitment | Supply Chain Risk | Supply Chain Service | Supply Chain Software | Supply Chain Solution | Supply Chain Sourcing | Supply Chain Strategies | Supply Chain Technology | Supply Chain Tools | Supply Chain Training | Supply Chain Value | Supply Chain Visibility | ERP Supply Chain | ERP Internal Supply Chain | ERP Business Supply Chain | ERP Effective Supply Chain Management | ERP Improve Supply Chain | ERP Industry Read More

One Vendor's Quest to Garner a Global Sourcing Ecosystem


Having started as a business-to-business integration provider for a few major retailers in the United Kingdom, Eqos has evolved into a full-fledged, worldwide provider of global sourcing and supplier management solutions.

procurement sourcing council  for a Non-vanilla Music Procurement Solution 2005 also marked the major engagement of Virgin Megastores , where Eqos developed a special contract management solution named OTIS (standing for Online Trading Information System ) for 200,000 active product lines, and on average, 400 specific one-off (nonstandard) deals per month. Virgin operates over 120 megastores (it also has a lesser number of Virgin XS factory outlets) in the UK and Ireland, with additional outlets in the US, France, Australia, Greece, Read More

Traceability: Sourcing the Data, A Critical Challenge


Forward and backward traceability, and determining the data attributes required to create traceability records, requires a thorough analysis of suppliers, materials, and processes, all while keeping in mind customer and industry requirements and government regulations. In the event of a recall, data collected along a traceability chain can be validated through manual, automated, or integrated efforts and then stored in a traceability database for accessibility and future reference. The type of solution architecture to achieve this is selected based on organization size and budget and compliance requirements.

procurement sourcing council  Sourcing the Data, A Critical Challenge Forward and backward traceability, and determining the data attributes required to create traceability records, requires a thorough analysis of suppliers, materials, and processes, all while keeping in mind customer and industry requirements and government regulations. In the event of a recall, data collected along a traceability chain can be validated through manual, automated, or integrated efforts and then stored in a traceability database for Read More

Software Evaluation, Selection, and Procurement


The statistics for completing packaged software implementation projects are grim. This article examines how the software evaluation, selection, and procurement process is key to successful software implementations.

procurement sourcing council  Evaluation, Selection, and Procurement Introduction A 1995 Standish Group research study based on over 8000 software implementation projects found that nearly one third of the projects were canceled before completion. And over 50% of the projects cost nearly twice their original estimates. The study further concluded that only 16% of all software projects are completed on time and on budget (only 9% for large companies) 1 . With these grim statistics firmly in hand, a plethora of books, white Read More

With New Clothes and Hairdo, Clarus Asks for Pin Money


Clarus Corporation, having unloaded all of its back-end software business, is asking the market to fund its new life as an E-procurement vendor.

procurement sourcing council  to solve its own procurement problems or plan to be a market maker, you want to be sure that Clarus can easily sign a large number of suppliers. In many industries, suppliers are not the most technically advanced companies, and these in particular are likely to be confused by the differences between the Clarus model and the more common one. To win wide acceptance, Clarus will have to persuade them not that the Clarus approach is better but that taking both the Clarus approach and one offered by a Read More

Infinium and Elcom Walk Down ASP Aisle


Two companies that are redefining themselves for an ASP future enter into a partnership. Elcom’s eProcurement applications will be the first outsider in Infinium’s new eBusiness unit.

procurement sourcing council  announcement of Pecos Internet Procurement Manager (Pecos.ipm), the hosted, browser based instance of its Pecos Procurement Manager. The product reached general availability status in March 2000. In August 1999 Elcom engaged its first advertising agency for a multi-million dollar media campaign to promote its hosted procurement and digital marketplace solutions, In January, 2000 Elcom filed a registration statement for a secondary offering to support a financing arrangement with Cripple Creek Securities, Read More

Nearshoring: Looking Closer to Home


Companies looking for savings but worried about the risks and cultural barriers involved in offshore outsourcing, whose business processes have a strong customer focus or regulations-driven reporting element, could benefit from nearshoring. Nearshoring involves outsourcing work to companies with the economic benefits of an offshore location, but a closer cultural, linguistic, and geographic fit with the user organisation.

procurement sourcing council  | Procurement Process | Procurement Strategy | Production Advantages | Production Offshoring | Purchasing Software | Purchasing System | Recruitment Process Outsourcing | Restructuring | Services Offshoring | Software Development Company | Software Development Outsourcing | Software Offshoring | Software Outsourcing | Software Outsourcing | Software Outsourcing Company | Software Testing Outsourcing | Sourcing | Sourcing Management | Sourcing Software | Sourcing Solutions | Sourcing Strategy | Staffing Read More

What Makes Process Process?


The systems dealing with manufacturing, inventory, procurement, and customer order management systems are among the systems that often prove to be the hardest to acquire due to the unique issues of the process enterprise.

procurement sourcing council  dealing with manufacturing, inventory, procurement, and customer order management systems are among the systems that often prove to be the hardest to acquire due to the unique issues of the process enterprise. Although the list of unique requirements can be defined, what are the root causes of the differences … what makes process process? These root causes flow from a few characteristics of the business. The Basic Nature of Material Process materials are often powder, liquid, or gas on the raw material Read More

New Dimensions in EC and SCM Part 1: The Benefits of E-Procurement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

procurement sourcing council  cost structure -- making procurement strategy and execution a critical lever for effective supply chain operations and superior business profitability. Electronic commerce offers exciting new possibilities for businesses to improve their performance on this important upstream supply chain activity, both for indirect or support items and, increasingly, for materials that are direct components of the products and services that businesses make and sell. As in many areas of e-commerce, the wide variety of Read More

IBM Emptoris v10, Smarter Commerce, and Strategic Sourcing


Emptoris has been part of IBM for about 20 months, and we’re coming up on the close of its first full fiscal year under the IBM label. Since the acquisition, IBM has been integrating Emptoris into its three-year-old Smarter Commerce conception (Emptoris was known to have had some 750 employees at the time of acquisition, but IBM will not disclose the number of employees now associated with it).

procurement sourcing council  agenda of the chief procurement officer (CPO), and so there will continue to be speculation about what IBM eventually does in this area. (Might we see IBM absorb Kinaxis, and marry this with ILOG and Sterling Commerce to compete with E2open?) How IBM Emptoris is Changing the Strategic Sourcing Landscape The sourcing landscape has been at least as interesting to watch as other software segments, as it has been a continually morphing landscape as of late, where more than a few recognizable names have Read More