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What Is PPV? Purchase Price Variance Explained

Precoro

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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What is Order Processing? How it Works & Key Methods

Unleashed

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Picking and packing : Items are collected from their storage location, packed, and prepared for shipping. Shipping: The order is handed over to a delivery service.

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10 supply chain KPIs and metrics to track

Taulia

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

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What Are the Top Logistics Software Companies in Dubai and UAE?

Locus

This newly-added focus has pushed companies to invest in logistics software that helps them improve their delivery process and make it more customer-friendly. So, if your business is looking for the top logistics software companies, you’ve come to the right place. Let’s dive in!

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Types of Procurement Reports: Definition & Benefits

SCMDOJO

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

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Juggle Better: 6 Ways Production Scheduling in ERP Helps Manufacturers

OptiProERP

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. Instructions may include the design of the product, information on how to use certain tools, and more production information. Purchasing receives information on inventory needs.