Remove Eliminating Excel in Purchasing Remove How To Remove Manufacturing Procurement
article thumbnail

How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? I observe that organizations are unclear on outcomes and the definition of supply chain excellence. How Do You Drive Value? You are right.

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

Reflection: The Journey to be Market Driven

Supply Chain Shaman

Ultimately, each student prepares a go-forward plan outlining how to apply the concepts within their organization. In the class, following the viewing of the backwards bike video, we discuss how knowledge is not the same as understanding. The range of bullwhip from the order to planned orders for manufacturing was 2.5-4.0.

article thumbnail

Reinventing Supply Chains: Focus on Human Factors

Supply Chain Shaman

In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Supply chain was defined in 1982 as interoperability between source, make and deliver. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh.

article thumbnail

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 Salesforce.com model is primarily a pipeline management tool suitable for discrete markets but not process manufacturers. Will this change the market?

article thumbnail

The New Procurement Reality: Managing the Supply Chain with Artificial & Human Intelligence

Jaggaer

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

article thumbnail

From Buzzword to Business Driver: How RFID is Fueling AI in Manufacturing

QAD

In 2025, however, QAD Director of Product Marketing Michael Ochi predicts that will change as more businesses discover how to move beyond experimentation and pilot projects to deliver tangible results. Like any engine, it cant run without fuel, and not just any type of energy source is going to cut it.