SCMDOJO

MARCH 24, 2025

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.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

SCMDOJO

JULY 18, 2024

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.

Supply Chain Efficiency 105

Supply Chain Efficiency Cost of ownership Supply Chain Optimization Sustainable transportation 105

SCMDOJO

SEPTEMBER 4, 2023

In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation. A dependable LSP is an essential factor for corporate development and growth. ” It is still primarily theoretical.

Logistics 98

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 98

Procurement Insights

DECEMBER 6, 2023

When I started writing this blog in May 2007, one of the reasons was to provide unknown companies such as Coupa, Zycus, and others with a venue through which they could connect with a wider and more direct audience. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

Raw materials 72

Raw materials Price supply chain budgeting Supply Chain Efficiency 72

Procurement Insights

OCTOBER 11, 2024

For the 80% still struggling with their initiatives, concern about hosted GenAI security and governance is like worrying about gas prices when you don’t even own a car. 2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It

Risk 52

Risk Supply Chain Efficiency Price Procurement 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. As well as securing incoming cash, you need to restructure pricing.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

EazyStock

MARCH 14, 2023

With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

Strategy 52

Strategy Supply Chain Optimization Inventory supply chain software solutions 52