SCMDOJO

MARCH 24, 2025

Purchase Price Variance (PPV) can be tracked monthly, quarterly, biannually, or annually for a specific item or the overall spending over a given period. The metric results in either a favorable or unfavorable variance, influenced by internal or external factors. It helps determine the accuracy of supplier pricing.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Finale Inventory

JULY 1, 2024

It is a complex network of interconnected components that work together to ensure the availability, quality, and timely delivery of food products. Factors such as price negotiations, contract terms, and ethical sourcing practices all play a crucial role in maintaining a sustainable and reliable supply chain.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Inventory supply chain software solutions 40

Arkestro

JUNE 11, 2024

Because each sector operates independently, systems tend to lack visibility, and bottlenecks often stall progress and efficiency. Spot Rates vs. Contract Rates Spot rates, or prices negotiated on an ad-hoc basis, are often low-cost but high-effort, requiring time and resources to collect and compare quotes.

Innovation 52

Innovation Procurement Supply Chain Optimization Real-time Visibility 52