2007 Procurement supply chain software solutions 
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.
Procurement Insights
NOVEMBER 4, 2024
EDITOR’S NOTE: More than two decades ago, the foundational elements for successfully utilizing advanced, self-learning algorithms to optimize the procurement process using an agent-based model were well established. Monte Carlo) used to determine supply chain optimization. If so, what was it? I hope this helps.
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Procurement Insights
FEBRUARY 7, 2024
EDITOR’S NOTE: Technology has and will continue to evolve from punch cards, floppy disks, and CP/M to Windows, Zettabytes, and AI; the one constant piercing the timeline is that technology alone has little to do with digital procurement success, but stakeholder communication and collaboration.
Procurement Insights
MAY 25, 2024
As a result, they avoided the trap of eVA becoming a software project, as Bob put it, and were thereby able to shift the emphasis from an exercise in cost justification to one of process understanding and refinement. The 75 to 85% e-procurement initiative failure rate gives testimony to this fact. – Yes, Virginia!
Procurement Insights
NOVEMBER 26, 2023
EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. I t was a very ambitious project with an equally ambitious outcome – driving 21st-century procurement. As Cisco’s Senior Director, Supply Chain Management Kin Ching “K.C.”
Procurement Insights
FEBRUARY 23, 2025
The following response from a procurement industry veteran suggests that it is more FUD or FOMO than accurate. Will 80% of all procurement roles be gone by 2035? While some experts suggest that up to 40% of jobs globally could be automated by 2035 axios.com , others project a more modest impact on procurement-specific roles.
Let's Talk Supply Chain
JULY 27, 2022
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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