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

Procurement Insights

APRIL 8, 2025

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.

Supply Chain Optimization 69

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 69

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

APRIL 9, 2025

Yet, Ramps no-fee model and fintech speed counter Amexs premium pricing and slower innovation pace. While Ramp retains advantages in UX, cost, and procurement breadth, Amexs scale and Nipendos depth strengthen its enterprise play, making it a more formidable foe in 2025s efficiency-driven landscape. Jaggaer, Ivalua).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

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