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Supplier Enablement
Supplier enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business documents such as purchase orders, invoices and other information. Suppliers can be connected, or "enabled," using a variety of means including Electronic Data Interchange (EDI), Extensible Markup Language (XML), Web forms, RFID chips, or other e-commerce tools. The benefits of supplier enablement include reduced supply chain costs, improved invoice tracking, reduced procurement costs, reducing or eliminating non-value added (manual) processes, and improved communications. Supplier enablement extends the value of a company's internal IT investments, such as ERP, into their trading communities—expanding the ROI on an initially internal investment. Purchasing card (Pcard) As more companies move purcha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and delivering the same to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. Overview A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enterprise Resource Planning
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from many business activities. ERP systems can be local based or cloud-based. Cloud-based applications have grown in recent years due to information being readily available from any location with Internet access. Traditional on-premise ERP systems are now considered legacy technology. ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the sys ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GT Nexus
Infor Nexus (formerly known as GT Nexus) is an independent business unit of Infor LLC offering a multienterprise supply chain network. The on-demand global supply chain management platform and integrated applications are used worldwide by businesses to manage global direct procurement, supplier networks, global logistics and global trade processes. Founded in 1998 in Oakland, California, it merged with TradeCard in 2013, and in September 2015, GT Nexus was acquired by Infor. Today, Infor Nexus is a business unit of Infor. Infor Nexus operates in the Americas, Europe, and Asia with a focus on retail/apparel and industrial manufacturing. Customers include companies in pharmaceuticals, high tech, automotive, CPG, apparel and footwear. Logistics service providers, financial service providers, and suppliers are also part of the Infor Nexus network. Its customers include Brooks Brothers, Sears, Adidas, Procter & Gamble, Del Monte Foods, Caterpillar Inc., Koch Industries, Abercrombie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TradeCard
TradeCard, Inc. was an American software company. Its main product, also called TradeCard, was a SaaS collaboration product that was designed to allow companies to manage their extended supply chains including tracking movement of goods and payments. TradeCard software helped to improve visibility, cash flow and margins for over 10,000 retailers and brands, factories and suppliers, and service providers (financial institutions, logistics service providers, customs brokers and agents) operating in 78 countries. On January 7, 2013, TradeCard and GT Nexus announced plans to undergo a merger of equals, creating a global supply-chain management company that would employ about 1,000 people and serve about 20,000 businesses in industries including manufacturing, retail and pharmaceuticals. The combined company rebranded itself as GT Nexus. History TradeCard was founded in 1999 by Kurt Cavano as a privately owned firm. In 2003, Warburg Pincus led three funding rounds, with TradeCard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
