With promises of "new and improved" technology making headlines daily, it can be hard to ascertain exactly how certain tools or types of technology can have an impact on your business. To help supply management professionals determine what's available to make their jobs easier, Inside Supply Management® asked two suppliers to answer the question, "How is technology enabling supply management processes?" The first article explores technological solutions that increase information accuracy and aid in decision making to help better synchronize supply management with its organization and supply chain partners. The second article investigates using reverse auctions to help supply managers sort through the technological aspects of purchasing utilities. Read on to learn which tools may help ease your workload.
Christer Wadman
and Jack Mason, Ph.D.
The pulse of technology in supply management is strong and steady as supply organizations make the most of today's tools while looking for advancements in the future.
Mary Siegfried
Business
Economic Growth to Continue in Second Half of 2005
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Norbert J. Ore, C.P.M.
and Ralph G. Kauffman, Ph.D., C.P.M.
If most traditional price reduction opportunities have already been addressed, demand management can make a significant difference.
Bob Bruning
and Rick Hoole
In the event of a breach of contract, will your consequential damages clause be enough to recover damages?
Michael L. O'Shaughnessy
and Jeffrey J. Mayer