Remove 2007 Remove Purchasing Remove supply chain software solutions
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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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Are absolute statements like this reckless or responsible?

Procurement Insights

2007 – Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology The Emergence of theMetaprise Discussion Excerpt: “In August 2003, the new technology successfully went live in a production environment for the DND. ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65

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Danone’s COO Mike Sloboda’s “3 Tips For Supply Success” Nails It!

Procurement Insights

FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” However, the same individual concluded, “One strategic business thinker with the right skills and capabilities is worth 10 or 12 of your normal, run-of-the-mill purchasing people.”

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What “technology musicians” are in your procurement automation orchestra pit?

Procurement Insights

My Response R.Gökhan Hüner , you provide great insights that immediately reminded me of the following excerpt from an article I wrote in 2007 – [link] “Unfortunately, most purchasing departments “inherit” their software as an adjunct downstream byproduct of either an original finance or IT-centric initiative.

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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

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When It Comes To AI in 2023, We’re Going To Party Like It’s 1998

Procurement Insights

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”

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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.