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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

In today’s architectures and functional metrics, value optimization does not exist. And, when procurement and tactical planning operate in isolation, there is no decision support framework to guide the trade-offs especially when the functions are tethered to different and conflicting metrics. You are right. The reason?

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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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Amazon Soon to Realize Important Robotics Milestone

Supply Chain Digest

But as usual in these types of robot stories, Amazon also tells the Journal that the automation is for some workers has meant replacing menial, repetitive work lifting cases with more skilled assignments managing the machines. Financial performance metrics are valuable as they capture the economic consequences of business decisions.

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Network Consolidation: A Step Forward for Market-Driven Value Networks?

Supply Chain Shaman

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

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Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

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Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

Moreover, they help them track their performance against key metrics and identify areas where they can improve. Watch how to use this Logistics KPI Dashboard Excel Template by SCMDOJO Conclusion for Improving Logistical Efficiency In conclusion, optimizing logistical efficiency requires a holistic approach that encompasses various strategies.

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Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

Buying From the Same Vendor Improves Integration. In June we published our new Shaman’s Journal. The Shaman’s Journal book is a collection of best read posts organized in more readable format. Lora believes that we are never too old to learn or push for supply chain excellence.