Showing posts with label exchange trading. Show all posts
Showing posts with label exchange trading. Show all posts

Wednesday, August 17, 2011

Electronic Purchasing System

E-Procurement is electronic purchasing of products or services from a decentralized point. This process runs without human intervention and without paper. With the introduction of electronic procurement is the internal organization more efficient. It saves on transaction more favorable purchase price.

E-procurement is suitable for large companies with a wide range and large office, a company with multiple locations, many different products and many must purchase is lost. Through a careful supplier selection and conclude purchase contracts with these vendors expire purchasing functions of the purchasing employee. Each employee can buy products at the lowest price. Thus there to twenty percent savings on current purchases. A good example of a company where the technology is interesting.

E-Procurement consists of three parts which eventually connect with each other:

  • Sourcing Services Catalog
  • Electronic procurement
  • Ordering Catalog Systems.

Sourcing Catalog Services
Sourcing Catalog Services (SCS) are services where as many possible suppliers for a particular product or service can be found. This includes standard rates. With the wide range of services and products it is possible that the specific desired product or service and has found one company is about more possibilities. SCS is also a benefit to the market. Through greater choice are more likely to lower prices to suppliers as attractive as possible for the customer. A good example of SCS, the daughter pages of startpagina.

Friday, July 29, 2011

How Does E-Procurement ?

The purchasing department is using Catalog Services Sourcing a supplier selection do. Information is then collected and submitted bids. Using this information, the supplier recruited. The Head of Purchasing Department provides procurement contracts with suppliers. When all arrangements agreed and contracted on paper, the purchasing staff, using the content management component, the information of the products or services enter so that the other employees in the organization is visible in the internal catalog.


Employees can order products, such as office supplies or sanitation, through the internal catalog. The system processes these orders and sends them to the supplier. The supplier agree on the handling of orders. All information about orders, the buyer and quantities are tracked by the system.

A new feature of e-Procurement is reading of bills. This can be compared to orders automatically scanned invoices. This is also the financial administration time playing.

Sunday, May 1, 2011

General Forex Marketiva Guide

Forex or Foreign Exchange, or usually called Future Trading is an activity of buying and selling foreign currencies are performed to obtain the difference between selling price and buying price (profit) or profit as expected. In the forex / margin / stock, we can not control how much profit we will get because it depends on our hockey. BUT, we can control how big / small our loss, the most dominant here are risk management (Risk Management) and management of money (Money Management).

Index (currency / exchange) is always moving along with the wheels of the economy of a country, the most fundamental thing is who we are and who the market, if we have been united with the market, clearly the market wants, we will be able to get a better result, in Japan tried to restrain the rate of its currency strengthening to spend three billion U.S. dollars, why do not we play in it …? My advice do not fight the market, trying to understand the direction of the market, not only expects the rebounding market principled, your experience is also reasonable because formal education is very limited.

Sunday, February 27, 2011

A Growth of Future Trade

A growth of prefabricated building provides a different way of building and change brings with it both the architect and trade. Prefabricated parts are by definition directly from the manufacturer to the contractor. The trade is hereby beaten so on. For architects is likely that their freedom is limited by the demand for standardization. To main contractors B & U, where prefabricated building within their own business will take, in this context asked how they expected that the role of the architect and business will develop through the growth of prefabricated building.

Most main contractors & B you expect the role of the architect remains the same. For the role of trade expects the three main contractors B & U a negative development (32%). Contrast, 12% think that trade will just get a bigger role, what the role of the architect only 4% of the principal contractor B & E case.

Prefabricated building has a number of important advantages, the most important to reduce (the risk) cost of failure and accelerate the building process are. Prefabricated building requires major changes and adaptations of the traditional building process. Column construction will be faced with a changing set of needs and requirements for the various players. The role of the contractor will shift from builder to the site coordinator and develops as assembly site.

As more and more prefabricated elements used in construction, is also likely that the role of trade as a supplier declines. It requires appropriate to anticipate the market, such as closer cooperation with the manufacturer or by a strong focus on the logistics or advisory role. Builder because parties will continue to need technical knowledge and expertise in supply.