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

FEBRUARY 19, 2024

– Administrative improvements (reduction in order processing errors, streamlining of customer service functions so that customers are no longer placed on hold, etc.) – Strategic improvements (reduced costs, etc.). – Six Sigma creates a link between tactical actions and strategic focus. .

Agile and Lean Supply Chain 98

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

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Procurement Insights

JUNE 24, 2022

That’s an average of 1.266 posts per year since I launched this blog in May 2007. Coinciding with Andrew’s point of view was the release of the Supply & Demand Chain Executive ‘s white paper “ Are Spreadsheets Sabotaging Your Supply Chain? Interesting timing?

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52