article thumbnail

The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

They packaged their standard business software in the R/2 system in the 1980s and the more advanced R/3 system in the 1990s. In 2006, Oracle strengthened its customer relationship management (CRM) portfolio by acquiring Siebel Systems, and in 2007, it boosted its financial planning and analytics capabilities with Hyperion.

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. per unit, reducing the actual cost to $90,000.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Amazon Soon to Realize Important Robotics Milestone

Supply Chain Digest

“Company warehouses buzz with metallic arms plucking items from shelves and wheeled droids that motor around the floors ferrying the goods for packaging,” the article this week says, adding that “In other corners, automated systems help sort the items, which other robots assist in packaging for shipment.”

article thumbnail

Top Supply Chain Stories by Month 1H 2025

Supply Chain Digest

Consumer package goods giant Procter & Gamble says that it expects additional supply costs in the range of $1.0-1.5 The idea is that the package delivery robots will be transported in Amazon’s fleet of Rivian electric vans and will soon be ready to start real-world testing at a new facility. In comparison, in 2000-2007 the U.S.

article thumbnail

FedEx Founder Fred Smith Dies at 80

Supply Chain Digest

Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Operations began in 1973 with 14 aircraft, and a package hub in Memphis.

article thumbnail

Measuring Up?

Supply Chain Shaman

The period of 2007-2008 was the great recession. C2C improved in retail apparel, mass retail, pharmaceuticals, chemical, food and consumer packaged goods industries. Companies that do not rate above average on the metrics or are not driving improvement faster than their peer group, do not make the list. Resiliency.

article thumbnail

The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

The other big opportunity, which despite all the talk over the years remains on the table, is reducing the number of trucks required to ship products by eliminating empty miles and backhauls, developing smarter packaging, optimizing trailer loading, collaborative shipping, and other approaches. Put differently, in FY 2007, Del Monte left 11.2