Optimizing transportation costs includes analyzing agreements, auditing invoices and assessing value-added processes, says John Haber, founder and CEO of Spend Management Experts. But it's also about identifying contract "gotchas" and "smoke-and-mirror" pricing.

Arena Solutions has joined with ERP Logic to provide a product lifecycle management (PLM) tool for users of SAP AG's Business ByDesign application.

In 2010, China dominated European and U.S. markets for ready-made garments, accounting for about 40 percent of the import volume in each region. A recent McKinsey survey, however, found that 86 percent of the chief purchasing officers in leading apparel companies in Europe and the United States planned to decrease levels of sourcing in China over the next five years because of declining profit margins and capacity constraints.

There has been enough hype about mobile shopping in general and mobile coupons in particular that you could easily be forgiven if you thought coupons and loyalty cards on mobile phones were a done deal, already available and in use today. The elephant in the room is that the bright clean crisp barcode image you see displayed on your smartphone's screen cannot be read by the majority of barcode scanners used in retail today.