article thumbnail

Manufacturing ERP Software Comparison: Guide to Buying in 2025

RFgen

Automatic Updates: The vendor handles software updates and maintenance, ensuring you always have the latest features and security patches without any hassle. This offers a different set of advantages: Greater Control: You have complete control over your data and system security. On-premise offers greater control over data and security.

article thumbnail

Supply Chain Resilience. Really?

Supply Chain Shaman

In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political. Maximize the value of the purchase order flow data already in the existing networks. (A

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

article thumbnail

Implementing Last-mile Delivery Technology

Logistics Viewpoints

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. To Build or To Buy Companies looking to implement new or improve existing delivery technology face a crucial decision: should they build an in-house platform or buy an existing solution from a vendor?

article thumbnail

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. By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards.

article thumbnail

Process Audit Reports – Create Efficiency and Procurement Excellence

Procurement Academy

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

article thumbnail

Cloud-Based ERP guide for Operational Excellence

My Office Apps

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. Cost-Efficiency: Operates on a subscription model, reducing upfront costs and handling maintenance, updates, and security.