Remove 2010 Remove Manufacturing Procurement Remove Procurement Solutions
article thumbnail

Autonomous Business Planning Is Not Only Possible, It Has Already Been Achieved

Logistics Viewpoints

That was our vision, even starting back in 2010. At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved. You don’t act on a forecast; you act on what you purchase. You manufacture stuff.

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Sentiment Analysis and Text Mining Tools offer promise, but the typical social listening tools used in digital marketing like Coremetrics and Radian6 are grossly inadequate. Absolutely! We use Yammer.

article thumbnail

Philip Morris International’s Pivot to Smoke-Free Products Complicates their Supply Chain

Logistics Viewpoints

The prevalence of smoking is going down, but the world’s population is increasing; the net result is that the forecast for the number of smokers is essentially flat in 2025 as compared to 2010. Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A.

Modeling 272
article thumbnail

The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

A Manufacturer’s Guide to the Evolution of ERPs Lets start by declaring an interest. Most JAGGAER installations in the manufacturing industry specifically, and in product-centric businesses in general, involve integration with an enterprise resource planning (ERP) system of one sort or another. So, we have skin in this game!

article thumbnail

E2open Acquires icon-scm: Five Reasons Why You Should Care

Supply Chain Shaman

She cannot count the number of SCM software acquisition announcements that promised 1+1=10. Very few software acquisitions reach their potential. The company partnered with SAP to launch a product offering, SAP Supply Chain Response by icon-scm, in 2010. With all software acquisitions, there are trade-offs.

article thumbnail

Parts Are Not Parts

Supply Chain Shaman

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital.