article thumbnail

What Is PPV? Purchase Price Variance Explained

Precoro

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric.

article thumbnail

IT Procurement: How to Purchase IT Products and Services Effectively

Precoro

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. This article encompasses the best practices for planning and executing successful IT procurement strategies. What is IT procurement?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Procure-to-Pay vs. Intake-to-Pay: What You Need to Know

Precoro

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).

article thumbnail

The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

However, the report, produced by Procurement Leaders in partnership with Ivalua, shows that only 31% of procurement professionals said they are satisfied or very satisfied with their organization’s current visibility over its supply chain. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

article thumbnail

New Study: 2018 State of Embedded Analytics Report

We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Why do some embedded analytics projects succeed while others fail? Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

article thumbnail

The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

article thumbnail

Energy Transition in Supply Chain

Logistics Viewpoints

A recent ARC survey looked at reasons to address sustainability. This survey included over 400 respondents across a number of industries. Consumer expectations are constantly shifting and challenging the industry. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime.