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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. Check out the Procurement KPI Dashboard now!

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Melissa Drew on Fast Talk, AI, and Closing the Gender Gap in Supply Chain

Let's Talk Supply Chain

With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. A term that once only resonated with industry insiders is everywhere.

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Top Mobile Banking Trends to Watch!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Financial institutions form adaptive banking software solutions to ensure an economy in the post-world. In the USA, the experience of using mobile banking is more extensive — some banks offered it to customers back in 2007. appeared first on Supply Chain Game Changer™.

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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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Is Six Sigma, Lean and SCOR Still Relevant in A Dynamically Changing World? (A 2009 Procurement Insights White Paper Revisited)

Procurement Insights

Editor’s Note: Since May 2007, I have written approximately five weekly posts on this blog – that’s a lot of writing. Given the findings, the myopic adherence to user adoption rate is at the heart of the growing disenchantment with Six Sigma, Lean and other similar-type programs.

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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? .” What is a ProcureTech APP?