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. Check out the Procurement KPI Dashboard now!

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Tactics

NOVEMBER 25, 2022

The 2008 recession (also known as The Great Recession) lasted 18 months, from December 2007 to June 2009. From 2007 to 2008, the Real Median Household Income decreased by roughly 3.6%. The government contracting market has traditionally been a reliable source of income for contractors, even during times of economic downturn.

Raw materials 195

Raw materials Bidding Contract Suppliers 195

Spend Matters

FEBRUARY 25, 2025

For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Sourcing alone involves the many and often manual processes for RFxs, like RFIs, RFPs, RFQs, etc. Analysts and research firms have all reached the same conclusion.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

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. The reference to “ Visibility” with a single source of truth ” – How often do we hear that phrase used in 2023 suggests that we still haven’t achieved it yet.

supply chain software solutions 72

supply chain software solutions Supply Chain Efficiency Supply chain Real-time Visibility 72

SCMDOJO

JULY 18, 2024

CNG burns cleaner than diesel, reducing emissions and greenhouse gas output (Lowe, 2007). Biofuels, derived from renewable sources like plant materials, boast a lower carbon footprint while still being compatible with existing diesel engines (often in blends) (Khare & Sharma, 2003). Khare, M. & & K.J.

Supply Chain Efficiency 105

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

ivalua

JANUARY 15, 2020

They will leverage Ivalua’s industry-leading Sourcing, Contract Management and Analytics functions for both direct and indirect procurement across the organisation. Founded in 2007, OJC Consulting is a long-standing Ivalua partner with teams and operations in the UK, France, Germany, Sweden, Switzerland as well as United States and Canada.

Spend management 133

Spend management Contract management Procurement Suppliers 133

Procurement Insights

MARCH 19, 2025

SOURCE #1 As of March 19, 2025, there is no single, definitive public document that provides detailed, comprehensive proof of ORO Labs successful client implementations with specific metrics, timelines, and outcomes for named clients. SOURCE #2 Yes, there is clear and detailed evidence of successful client implementations by ORO Labs.

Procurement 52

Procurement Import Suppliers Sourcing 52

SCMDOJO

FEBRUARY 19, 2024

Adapted from Ehrlich (2002); Stamatis (2002); George (2003); Bendell (2006); Bhuiyan et.al, (2006); Andersson et.al, (2006); Arnheiter and Maleyeff (2005); Nonthaleerak (2005); Kumar (2007); Magnusson et.al, (2003) Read more on Top 15 Lean Six Sigma Books to Level Up Your Continuous Improvement Efforts & Strategy on our website SCMDOJO!

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 98

ivalua

DECEMBER 18, 2019

This month Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019. Procurement leaders today see the value of suites and the market has responded.

Eprocurement 147

Eprocurement Sourcing Contract Suppliers 147

Procurement Insights

DECEMBER 15, 2023

As one of the first procurement industry bloggers, if you told me on May 18th, 2007, that in December 2023, I would still be penning my thoughts on the Procurement Insights blog, I probably would not have believed you. Here I am truly grateful for the opportunity to be a reliable source of insight and information. The Top 3 Posts Ref.

Supply chain 81

Supply chain Procurement Purchasing Risk 81

Procurement Insights

JUNE 11, 2024

Source: CNN ) Target’s prices are also higher than Walmart’s. Source: CNN ) But Target’s closures in New York, San Francisco, Oakland, Seattle and Portland may also be due more to the underperformance of Target’s smaller store locations, analysts say. Now, it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices.

Price 86

Price Sourcing Purchasing Suppliers 86

Procurement Insights

DECEMBER 27, 2023

Before that, there needs to be a clear sourcing policy with a well-defined and understood E2E process with roles and responsibilities between procurement and relevant key stakeholders. Orchestration will not magic away suboptimal things. Plus, I wonder if it is the latest bandwagon.

Procurement 84

Procurement supply chain software solutions Purchasing Sourcing 84

Procurement Insights

FEBRUARY 17, 2024

FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” 2007 – Commonwealth of Virginia ’s eVA – Yes, Virginia! ” This “class distinction,” as I will call it, is certainly not new to the industry.

supply chain software solutions 72

supply chain software solutions Supply Contract management Supply chain 72

Procurement Insights

SEPTEMBER 30, 2023

September 2023 Case Reference Fairmarkit is an autonomous sourcing platform that transforms tail spend with automation and AI. May 2007 – The high (and continuing) rate of e-procurement initiative failures – studies indicate that 75 to 85% of all initiatives exceed budgetary expectations but fall far short of projected savings.

Buyers 72

Buyers Procurement team Quality Contract 72

Procurement Insights

OCTOBER 17, 2023

2021) Forrester SVM Wave, a holistic take on Source to Pay: Specialist vendors break out from the ERP pack (Mar. 2021) Forrester SVM Wave, a holistic take on Source to Pay: Specialist vendors break out from the ERP pack (Mar. 2007) The Mendocino Project: A Brilliant Strategy by Microsoft and SAP to Sidestep Anti-Trust Legislation?

Category management 75

Category management Sourcing Procurement Management 75

Procurement Insights

SEPTEMBER 27, 2023

“ As I wrote in a soon-to-be-published article, the date of the above report is 2022, not 1999, 2005, 2007 or 2013. . “ As I wrote in a soon-to-be-published article, the date of the above report is 2022, not 1999, 2005, 2007 or 2013. We are talking about the digital transformation era and the emergence of AI.

Supply Chain Efficiency 72

Supply Chain Efficiency Sourcing Supply chain Data 72

Supply Chain Game Changer

SEPTEMBER 23, 2022

It was started in 2007 and is managed by the U.S. With the current waiver, all payments for federal student loans after October 1, 2007, count under the qualifications. There are no issues with how you source funds to make payments. About The Public Service Loan Forgiveness Program (PSLF). Department of Education. Conclusion.

Supply chain 93

Supply chain Supply Management Sourcing 93

Procurement Tactics

JUNE 26, 2023

Additionally, the geopolitical tension between these two countries caused significant supply chain disruption as the majority of US sourcing companies withdrew their investments from China and started procuring goods from other countries such as Taiwan, Vietnam, and Australia. Thus, this explains the slow US dropshipping growth.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Insights

OCTOBER 24, 2022

What is worth noting is that back in 2007, the executive participants in a CPO Agenda Roundtable said that one strategic sourcing professional is worth ten run-of-the-mill buyers. Also, what buyer behaviors have they rewarded?

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Procurement Insights

AUGUST 14, 2024

The latest development in this ongoing saga is the acquisition of Jaggaer, a prominent Source-to-Pay (S2P) vendor, by Vista Equity Partners. Such disruptions can have far-reaching consequences for a solution like Source-to-Pay, which is traditionally considered the operational lifeline for procurement departments.

Procurement 98

Procurement Vendor relationships Innovation Leadership 98

Procurement Insights

MARCH 19, 2023

” In July 2007, I wrote the article “ Public Sector Procurement and the Walmart Effect. ” [link] Based on a SIG | ORG (Sourcing Industry Group) article by Dawn Tiura , the big question is it time for big box retailers to “rethink and reengineer their sourcing practices?”

Buyers 45

Buyers Suppliers Inventory Sourcing 45

Procurement Insights

AUGUST 11, 2024

SOURCE – Monolith However, and this is key, it only works if you start out with an agent-based rather than equation-based model; otherwise, you have the age-old garbage-in, garbage-out problem that even the greatest tech and data scientists can’t fix. Refer to my Dangerous Supply Chain Myths (Part 7) post from 2007.

Data 52

Data Supply chain Sourcing Suppliers 52

Procurement Insights

SEPTEMBER 15, 2023

and select the best value source at that time. “AI assesses supplier performance data, quality records, and market intelligence to revamp supplier selection and management. Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.” What was the end result?

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

Vested Way

MAY 28, 2024

In 2007 Dell participated in UT’s research on Vested outsourcing. Dell was intrigued and decided to approach GENCO about the possibility to shift to a Vested sourcing business model. In 2010, Dell sent two senior managers to UT’s inaugural Vested Outsourcing Executive Education class.

Supply chain 52

Supply chain Supply Contract Logistics 52

Procurement Insights

OCTOBER 26, 2023

80% of your typical use case across Source to Pay happens on Merlin Chatbot, which is built into Microsoft Teams. ” He said, “These apps need time to collect and synthesize data from multiple sources – even those unaffected by the exception at hand.” You want the right template, Merlin Assist provides it.

Change management 69

Change management Management Contract Buyers 69

Procurement Heads

JULY 5, 2023

I love the CPO role and what the Procurement team does for the organisation – helping source, transact and run supply chains that make a material impact to our success, and now more than ever to our ESG impact too.

Chief Procurement Officer 130

Chief Procurement Officer Sustainability Supply chain Procurement 130

Supply Chain Game Changer

MARCH 30, 2022

And an important source of new product ideas for global companies that strive to offer the best customer experience. In the USA, the experience of using mobile banking is more extensive — some banks offered it to customers back in 2007. Neobanks are building digital-first and mobile-first services.

supply chain software solutions 89

supply chain software solutions Agile and Lean Supply Chain Cost of ownership Supply Chain Efficiency 89

Procurement Insights

MARCH 12, 2023

He said that “these apps need time to collect and synthesize data from multiple sources – even those unaffected by the exception at hand.” Despite these hurdles, between 2007 and today, the Commonwealth of Virginia ‘s eVA program was and continues to be the beacon of effective and proficient digital transformation.

Data 59

Data Supply chain Import Procurement 59

Procurement Insights

NOVEMBER 23, 2023

Note that the date of the above report is 2022, not 2005, 2007, or 2013. But, when end users do not adopt a piece of technology, this results in wasted resources and frustration among staff and stakeholders, according to the report. We are talking about the digital transformation era and the emergence of AI. (In

Suppliers 72

Suppliers Buyers Risk management Supply Chain Optimization 72

Procurement Insights

NOVEMBER 5, 2023

I remember when I first talked to Dave Stephens and Noah Esiner in 2007. As an early sponsor of Procurement Insights, the company’s primary goal was to create an open-source solution that could “be modified or improved at will.” “ Why did the early Coupa guarantee results?

supply chain software solutions 61

supply chain software solutions Innovation Procurement Leadership 61

Supply Chain Game Changer

NOVEMBER 28, 2021

The concept of cryptocurrencies was introduced in 2002 at the very first glance, and in 2007, Nick Szabo conceptualized cryptographic cash named bit gold. The transactions of the bitcoin network are verified by miners by integrating computers and power sources. Visit the [link] for more information on bitcoin trading.

supply chain software solutions 78

supply chain software solutions Networking Price Supply chain 78

Procurement Insights

DECEMBER 13, 2024

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

Supply Chain Efficiency 59

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Procurement Insights

SEPTEMBER 10, 2024

The one advantage I have is that I have been on LinkedIn since May 2007 and have worked very, very hard to build a community of purposeful dialogue versus likes alone. Based on the above, the landfill that is now the source of our intelligence means that data scraping is a much faster version of garbage-in, garbage-out!

Data 52

Data Influencing Sourcing Import 52

Procurement Insights

MAY 14, 2024

According to multiple sources here are a few statistics that are worth noting: While a staggering 50% of newly hired employees plan to quit soon, that number skyrockets to 80% for those who feel undertrained from poor onboarding. In 2007, 80% to 90% of the total identified spend was processed through the eVA initiative.

Suppliers 58

Suppliers Import Leadership Collaboration 58

Supply Chain Opz

NOVEMBER 14, 2018

After that, we combine 2 data sources into one and remove duplicate items. - Inter-team coordination activities as a source of customer satisfaction. We also gather the list of the team building and leadership books available on Goodreads.com. Lastly, we make a final cut of team building and leadership books. Reference - Ambrosini, V.,

Management 40

Management Leadership Data Sourcing 40

Supply Chain Opz

NOVEMBER 14, 2018

After that, we combine 2 data sources into one and remove duplicate items. - Inter-team coordination activities as a source of customer satisfaction. We also gather the list of the best team building books available on Goodreads.com. Lastly, we make a final cut of team building books. Reference - Ambrosini, V., Bowman, C., &

Leadership 40

Leadership Data Sourcing Import 40

Procurement Insights

JUNE 1, 2024

A Great Journey Not long after I launched this blog in May 2007, Dave Stephens contacted me about sponsoring Procurement Insights. Hansen thanks for all your hard work through the years helping people understand this ever changing industry!

supply chain software solutions 52

supply chain software solutions Leadership Product management Strategy 52