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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. 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. Click here!

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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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Blind Shipping: Solution for Inventory & Labor Challenges

GlobalTranz

Is your business facing rapid growth, supply chain disruptions and/or unpredictable customer demand? Imagine shipping products directly from your supplier to your customer while maintaining the appearance that your business is the source. If so, optimizing your inventory management strategy can be a game-changer.

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The Importance of Packaging in Supply Chain!

Supply Chain Game Changer

Packaging systems play an integral role in supply chain operations, from manufacturing to distribution of products to end users. Many packaging options are available in the market, providing excellent protection for items people buy online or in physical stores.

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Yet there are good reasons to do so. the public sector).

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Key Procurement Technology for Excellence in 2025

Jaggaer

With numerous options available across the source-to-pay spectrum, weve compiled the top three key technologies CPOs should embrace in 2025: 1. These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management.

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From Reactive to Proactive: How Arena Supply Chain Intelligence Tackles Component Risk

Arena Solutions

Although we’re years removed from the COVID-19 pandemic, sourcing electronic components remains a struggle. Through our conversations with them, we discovered a recurring challenge: they were constantly scrambling to source healthy electronic components from the right suppliers at competitive prices.