Remove 2010 Remove Procurement Remove Procurement Solutions
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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. 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!

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3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

The Atlanta-based company demonstrated that companies focusing “heavily on supplier diversity” generated a 133% greater return on procurement investments than the typical business. billion, with non-diversity companies accounting for nearly 80% of that purchasing power. Their spending power in the year 2000 was over $6.5

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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.

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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

The German team overcame disappointments in 2006 and 2010 to win the World Cup this year, while favorites Spain (the defending champion) and Brazil (the host country) were humbled by the competition. BASF’s goals included: Automating the end-to-end Purchase-to-Pay process from purchase requisition to invoice.

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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. While many business leaders believe that Enterprise Resource Planning (ERP) and Advanced Planning Solutions (APS) will be equal to this task, it is not sufficient. How is this impacting reliability?

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Top 10 Transportation Challenges and Solutions Identified in Research

SCMDOJO

We’ll delve into each challenge and explore potential solutions: 1. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1]. Solutions: Electrification: Transitioning to electric vehicles (EVs) significantly reduces tailpipe emissions.