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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

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50 Online Resources for Aspiring Supply Chain Scholars

Supply Chain Opz

Supply chain management is not an easy subject. Background Supply chain management is a relatively new discipline. Access public data from Data.gov Supply chain management is part of complex economic activities. You may feel that not all necessary information is available at your finger tips.

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Moving Beyond the Bolt and Escaping the ProcureTech ERP Era?

Procurement Insights

“What is most interesting about Zycus tremendous growth rate is that it is indicative of the evolution (some would even suggest fruition) of a trend first presented in a Procurement Insights post from August 31, 2007.Titled “ So, what is a ProcureTech bolt-on solution? .” “ So, what is a ProcureTech bolt-on solution?