2007 Real-time Visibility Supply 
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.
Spend Matters
FEBRUARY 25, 2025
Like it or not, Procurement and Supply teams are in the midst of a digital revolution that looks set only to advance. For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Time and resources can also be a stopping point.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. Recognizing “the challenging piece” is linked” to understanding “the kind of interaction you want to resolve with customers and supply chain partners.” So, why am I reposting it today?
Procurement Insights
MAY 27, 2024
Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed.
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.
Procurement Tactics
JUNE 26, 2023
Supply Chain Supply chain issues and inflation rate are the top concerns in the dropshipping business right now as dropshippers need to access items first before selling them. While this led to major changes in the global supply chain, it provides economic growth opportunities to other countries. Here are the top 3 tips: 1.
Procurement Insights
NOVEMBER 17, 2023
What is the difference between the following excerpts from the 2009 article and the 2023 LinkedIn post comment : 2009 ARTICLE “Here’s another real-world example of how a little break in a supply line can have a big impact. Blame it on kanban, the just-in-time philosophy of keeping as little inventory on hand as possible.”
Expert insights. Personalized for you.
69 
Let's personalize your content