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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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Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

So much so that in 2010, I believed that the convergence of social and traditional enterprise applications would happen quickly. They excel in the four Ps of marketing. In January 2010, Toyota had a very messy recall for nine million vehicles globally. We have built transactional buying relationships. Absolutely!

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Aligning Supply Chain Metrics to Improve Value

Supply Chain Shaman

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. They do not excel in planning or forecasting.

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History Repeats Itself Without Supply Chain Leadership

Supply Chain Shaman

Ed argued that instead of buying new packaging equipment that we should work with R&D to have a base flavor and add the color and flavoring at the head of the machine. The analysis covers the period from 2010 to 2019. While companies speak for the need to drive agility and resilience, the real focus is operational excellence.

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Rockwell Automation: A Case Study in Supply Chain Excellence

Supply Chain Shaman

To decide winners, we analyze post-recession period performance of 2010-2018 by peer group. Diversified Industry Performance For the Period of 2010-2017. The total cost of ownership analyzes the total costs of the buying decision. About the Supply Chains to Admire Methodology.

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Freight Recession: Opportunity or Threat with Steve Elwell

The Logistics of Logistics

About Steve Elwell Steve is the Founder and since 2010 Managing Director of iDev Partners a boutique leadership, business strategy and turnaround consulting firm located in Farmington Hills, MI. iDev core values: Action, Excellence, Leadership. In this role he has helps leaders and organizations realize their potential and mission.

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Was Integrated Planning a Hoax?

Supply Chain Shaman

The period of 2000-2010 was turbulent for these best-of-breed APS technologies. The implementations were longer, the purchase costs were higher, and the functionality was less robust and lacking flexibility. For many, it is confusing. It keeps old gals like me in business. Their available market contracted. I did not see it.