Remove 2010 Remove Purchasing Remove Supply Chain Efficiency
article thumbnail

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.

Price 69
article thumbnail

Do ERP-centric environments help or hurt ProcureTech solution implementation Success?

Procurement Insights

Historical flopslike Queensland Healths 2010 SAP payroll debacleshow ERP failures poisoning procurement downstream (vendor payments broke). Conversely, companies like Unilever leverage SAP + Ariba harmoniously to drive procurement efficiency, proving the upside when done right. By 2025, cloud ERPs (e.g.,

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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)).

article thumbnail

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 ".

article thumbnail

Top 10 Transportation Challenges and Solutions Identified in Research

SCMDOJO

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1].

article thumbnail

8 US Appliance Parts Suppliers – Top Factors, Choosing Guidelines, Pricing, and Review

Procurement Tactics

With advancements in technology, automation, and the increasing demand for efficient and sustainable solutions, the machine industry continuously innovates to meet these changing needs. These technologies enhance productivity, optimize operations, and improve overall efficiency through integration. Large Chrome Drip Pan priced at $12.17

Price 183
article thumbnail

The Importance of Measuring Scope 3 Supply Chain Emissions & How to Get Started

SupplyShift

To achieve the Paris Agreement’s envisioned limitation, countries and leaders worldwide must strive towards reducing emissions by approximately 45% by 2030 from 2010 levels. However, as McKinsey points out, the typical company’s supply chain creates far greater social and environmental costs than its own operations.