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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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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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10 Outstanding Books for SCM Professionals

Supply Chain Opz

Are you a supply chain management professional who are looking for inspiring ideas to improve the operations of your supply chain? Background Early this year, I published one article named " 10 Greatest Supply Chain Management Books of All Time ".

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Top 10 Transportation Challenges and Solutions Identified in Research

SCMDOJO

Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1]. Watch how else you can make your supply chain efficient “Unlock Efficiency: How to Implement AI in Your Supply Chain” on our SCMDOJO YouTube Channel 6. Freight Transport Association. Routledge. [3]

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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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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

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Logistics Optimization Software: A Deep Dive Into Data-First Technology Leader, Enveyo

Let's Talk Supply Chain

Coby Nilsson and John Errebo co-founded Enveyo in 2010. Coby and John found obvious deficiencies in these same organizations’ supply chain and operational systems, and thus, Enveyo was born. By leveraging big data, systems integration, and comparative analytics, organizations drive their supply chain operations forward.