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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In today’s architectures and functional metrics, value optimization does not exist. You are right. This is not a new project. What have I learned?

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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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Studies Identify Top Supply Chain Disruption Risks

Supply Chain Matters

In 2023 , a worker strike among delivery and logistics workers at parcel carrier UPS was characterized by The Wall Street Journal as being “ the largest collective bargaining agreement involving a private employer in North America.” economy and for industry supply chains. All rights reserved.

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Report- Global Trade War Points to Increased Protectionism

Supply Chain Matters

Global Trade Conflict Escalation The conservative leaning publication The Wall Street Journal published a report this week titled: Trade War Explodes Across World at Pace Not Seen in Decades. Paid subscription ). Estimates from Fitch Ratings are noted as indicating that on the current trajectory from the new U.S.

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Amazon Soon to Realize Important Robotics Milestone

Supply Chain Digest

But as usual in these types of robot stories, Amazon also tells the Journal that the automation is for some workers has meant replacing menial, repetitive work lifting cases with more skilled assignments managing the machines. Financial performance metrics are valuable as they capture the economic consequences of business decisions.

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S&OP: Five Steps to Get Started

Supply Chain Shaman

For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. Check out the new Shaman’s Journal. However, this varies by company and the degree of cross-border and inter-plant shipments.)

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5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.