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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

The problem is that the reduction of costs within one function does not necessarily drive value. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? Supply chain excellence should be about driving value.

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Supplier Onboarding is Core to a Digital Supply Chain Transformation

Logistics Viewpoints

Molexs story is interesting because they excelled at overcoming these cultural issues. The most common form of trading partner collaboration is purchase order collaboration. With PO collaboration, buyers send digital purchase orders over the network to suppliers or other trading partners. He needed to influence them.

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Reflection: The Journey to be Market Driven

Supply Chain Shaman

They never leveraged their point-of-sale data to detect market shifts, and the supply chain organization prioritized cost reduction. On our second priority, we delivered another strong year of industry-leading productivity, with holistic margin management cost savings of 5% of the cost of goods sold. ” My thought: ouch!

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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. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. How are your current processes reducing the impact of human potential? Improve outcomes?

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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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Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. To achieve this, having the right planning solution is crucial.

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Procurement & Supply Chain Management: Aligning for Operational Excellence

Procurement Academy

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.