SCMDOJO

MARCH 24, 2025

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.

Purchasing Skills 58

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 58

SCMDOJO

JANUARY 9, 2025

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. By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations.

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Supply Chain Shaman

JUNE 28, 2021

The focus was on margin and quality. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The CFO decides to fund the purchase of Company B by suing Company A for non-performance. Maximize the value of your purchase.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 322

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 354

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 354

DELMIA Quintiq

NOVEMBER 17, 2020

Provide procurement more negotiation power with suppliers of materials and services, as well as the ability to automate purchasing and production decisions based on real-time price and market data. Accomplish operational excellence and higher production quality while reducing costs, leveraging Manufacturing Operations Management (MOM).

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Supply Chain Shaman

DECEMBER 7, 2023

The ability of an organization to deliver reliable and consistent results for revenue, margin, customer service, and quality in the face of demand and supply variability. Maximize the value of the purchase order flow data already in the existing networks. (A A purchase order changes many times and needs synchronization.

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

Supply Chain Shaman

SEPTEMBER 30, 2012

They excel in the four Ps of marketing. In contrast, a market-driven organization connects bidirectionally market-to-market to orchestrate the signals to shape demand and mitigate risk (buy-side to sell-side and back). We have built transactional buying relationships. Yes; someday it will happen, but not any time soon.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 319

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. 6 Examples of Excellent Customer Experiences. When making purchase decisions, brands who demonstrate care for others can offer a competitive advantage.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Logistics Viewpoints

MARCH 9, 2023

Retailers, especially in the developed world, demand collaborative practices, continue to increase the quality of their private label offerings, and are becoming significant competitors. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable.

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

Logistics Viewpoints

APRIL 14, 2022

The solution needs to enable real-time visibility and collaboration across your supply chain to meet demand and ensure the accuracy of quality, quantity and timeliness of supply — all to further a more resilient supply chain. He is passionate about the role technologies play in driving supply chain excellence and business growth.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 289

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. This includes Slow and Obsolete Inventory (SLOB), returns, quality issues, and expired product. What Does Good Look Like?

S&OP 390

S&OP Supply and Demand Forecasting Supply Chain Design Software 390

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Note that while quality information is viewed as accurate, data latency is a day.

Supply Chain Network Software 359

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 359

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement: Purchase price variance and procurement cost. Procurement: Supplier reliability, in-bound shipment reliability, supplier quality, and the lowest total cost (the combination of all costs to deliver). Over time, this changed.

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

My Office Apps

JANUARY 16, 2024

Start Your Year with Cloud-Based ERP: The Ultimate Guide to Operational Excellence Begin your year on a transformative note by embracing the power of Cloud-Based Enterprise Resource Planning (ERP) systems. Operational Excellence with Cloud-Based ERP Procurement Management Efficiently manage your procurement processes with ERP.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Optimal Sourcing Manufacturing Procurement Procurement Analytics 105

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. It also provides an excellent part-time employment opportunity with flexible shifts.

Supply Chain Planning Software 300

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 300

SCMDOJO

OCTOBER 23, 2024

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. A general platform covering various subjects, including supply chain. SCMDOJO doesn’t just offer video courses.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 88

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. The Path to Supply Chain Excellence.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? The ultimate metric of success used by Starbucks was the percent of coffee purchased from CAFE Practices verified farmers.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. The key is that an excellent digital supply chain strategy starts with a clear goal rather than a list of technologies. Or the quality of conformance? For many tech providers, the message often becomes a religious argument.

Supply Chain Software 418

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 418

The Logistics of Logistics

OCTOBER 30, 2023

He is a board member of the Association for Manufacturing Excellence (AME) and a contributor to the Forbes Technology Council , Manufacturing Today, WardsAuto , Supply Chain Brain, Industry Today, Aerospace Manufacturing and Design, ASSEMBLY , and more. Richard previously founded and led Factory Logic, Inc. acquired by SAP).

Optimal Sourcing 278

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 278

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Quality management also plays a crucial role in product development. Why do an internal quality audit?

Quality 113

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 113

Supply Chain Shaman

JULY 23, 2023

The order latency is the time from purchase by the end consumer to the visibility of the order. For example, when a product at retail is purchased, the shelf is replenished from backroom stock. As a result, the use of market data (air quality, pollen types, and weather) was essential to hit a tight window with the right product.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 369

Jaggaer

MAY 8, 2025

She works with supply chain leaders to take teams to higher levels of excellence and is an influencer with more than 340,000 followers on LinkedIn. Organizations should also be thinking about how to get from quality of design to quality of performance. How good is the quality of your design documents? On average a P.O.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Operational excellence systems for the best use of the human resource. Everything is prepared.

Logistics Network Optimization Software 299

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 299

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

JULY 6, 2020

Ed argued that instead of buying new packaging equipment that we should work with R&D to have a base flavor and add the color and flavoring at the head of the machine. While companies speak for the need to drive agility and resilience, the real focus is operational excellence. Agility is different than responsiveness. (I

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Unfortunately, this PFEP “tune-up” often uses very time-consuming and manual Excel analysis that limits the frequency of optimization. It translates a buying requirement into a purchase order for requisition.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Kinaxis

SEPTEMBER 27, 2017

Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Collaborative. It is a simple truth, but easy to forget.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. Through a series of meetings to drive consensus, the team degraded the quality of the demand plan by 27%. (In The strategy day owner was a global process center of excellence leader. The result?

Supply and Demand 259

Supply and Demand Demand Planning Software Supply Chain Planning Software Optimal Sourcing 259

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 98

QAD

JUNE 29, 2023

We all know that quality isn’t free. But if you want to pay for it at the lowest possible cost, you build quality in from the beginning. When you identify a quality issue during production, you’ve already invested in that nonconforming product. So why doesn’t everybody do it?

Price Reduction 98

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 98

Supply Chain Game Changer

SEPTEMBER 7, 2022

It’s excellent protection against rain on what could’ve been a perfect day, too. You can attain an industrial tent by either buying or renting it. If you have an event coming up or need extra room for personal effects, continue reading to find out whether you should buy a tent or rent one. When To Buy. When To Rent.

Eliminating Excel in Purchasing 91

Eliminating Excel in Purchasing Purchasing Training Industrial Industry 91

SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Read In Detail About Procurement Department Here 2.

Negotiating Skills 93

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 93

Supply Chain Shaman

JUNE 3, 2024

similarly, over 95% of manufacturers invested and implemented supply chain planning, but their primary tool today is Excel. How should procurement execute forward buys, give visibility on procurement constraints, or drive bi-directional orchestration across make, source, and deliver? ” Does the Dog Hunt?

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 369

RFgen

DECEMBER 4, 2024

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.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. Contact Us The post RS Group Achieves Back-to-Back Ecovadis Platinum Medal for Sustainability Excellence appeared first on RS Integrated Supply. Interested in our services?

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105