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Probabilistic Forecasting: The Future of Supply Chain Planning

ToolsGroup

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

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Manufacturing ERP Software Comparison: Guide to Buying in 2025

RFgen

JD Edwards EnterpriseOne: This platform specializes in discrete manufacturing , excelling in areas like shop floor control, quality management, and detailed product costing. It excels in project management, project accounting, regulatory compliance management, and other industry-specific requirements.

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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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The Supply Chain Merry-Go-Around

Supply Chain Shaman

Aptean is orchestrating the Blue Yonder/E2open/Infor playbook of buying undervalued assets and milking the maintenance and Software-as-a-Service contracts with existing customers. The company gave revenue guidance of significant slowdown in demand with full-year revenue guidance short of Wall Street’s estimates. New Players.

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Procurement & Supply Chain Management: Aligning for Operational Excellence

Procurement Academy

This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. This might involve collaborating on supplier scorecards, setting shared performance targets, or conducting joint reviews. Start by evaluating how well your procurement and supply chain teams are working together.

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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. It’s not about finding the cheapest supplier, but the one that offers the best value considering quality, reliability, and cost. Measuring Supply Chain Performance You can’t improve what you don’t measure.