Remove 2007 Remove Influencing Remove Supply Chain Efficiency
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Potential Efficiency Improvements: Vehicle Efficiency in Businesses

SCMDOJO

Vehicle efficiency is a critical factor for businesses operating trucks. This blog post explores various strategies that can significantly improve vehicle efficiency in truck operations. biodiesel) These alternative fuels offer environmental benefits and can contribute to improved vehicle efficiency. increase in fuel efficiency.

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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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Why is an agent-based model within a metaprise framework better for procurement than an equation-based Intake and orchestration model?

Procurement Insights

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Focused on efficiency, not innovation; maintains status quo.

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The Links Between Agentic AI, Strand Commonality, Similarity Heuristics, Iterative Methodologies And Why It is Important to Procurement

Procurement Insights

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

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Logistics IT Solutions’ Role in Near-Record Levels of Trucking Company Acquisitions

Supply Chain Collaborator

The short version is that 2014 came darn close (with 86 trucking and logistics companies acquired) to beating the record of 90 acquisitions set in 2007. To a lesser degree, there have been financial acquisitions too wherein investment companies seek to capitalize on the high demand and low supply of drivers.

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Does the Dr. Epstein Post represent the long-awaited hope that we have finally moved away from equation-based modeling?

Procurement Insights

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. strand commonality also includes factors such as the time-of-day (TOD) orders are placed impact on commodity types.”

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Which current ProcureTech solution providers recognize or champion an agent-based metaprise model?

Procurement Insights

1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous Supply Chain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). Zycus Cognitive procurement systems powered by generative AI (GenAI).