Remove Eliminating Excel in Purchasing Remove Supplier Management Remove Supply Chain
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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.

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How Supply Chain Innovation Propels Startups to Unicorn Status!

Supply Chain Game Changer

While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supply chain management is equally responsible for propelling startups to unicorn status. Leveraging emerging technologies gives startups supply chain advantages that legacy players cannot match.

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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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Why the Supply Chain Matters to Business Success

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),

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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. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers.

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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. The outputs are then monitored and managed to ensure they are always fit for purpose. What is the Purpose of a Process Audit Report? Our team are available if you have any questions.

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What areas of SCM are best suited for the application of AI?

NC State SCRC

Many of the managers I speak with are buying into the application of artificial intelligence in the workplace, but often struggle to identify specific processes that are best suited for AI.I Other activities involve supplier segmentation, sharing material forecasts with suppliers, and coordinating logistics and operational scheduling.