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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

I laugh when business leaders tell me that they are going to replace their current supply chain planning technologies with “AI.” Each supply chain planning technology at the end of 2024, went through disruption–change in CEO, business model shift, layoffs, re-platforming and acquisitions.

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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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3 ways supplier diversity in supply chain can positively impact your business

DELMIA Quintiq

However, if they take a closer look, they will find that there are significant benefits to supplier diversity – not only for suppliers and their supply chains, but also for their business. billion, with non-diversity companies accounting for nearly 80% of that purchasing power. Supply Chain Planning & Optimization'

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It’s Not About Chatbots: Getting Real on AI Usage In Real Life Logistics (AI Popup #5)

Freightos

Recently, I was on a panel discussing AI in the supply chain industry, and much of the conversation revolved around its applications in forecasting. Let me be clear on this – from a practitioner’s perspective, AI is far from the solution-looking-for-a-problem that was blockchain AI Solutions Are Real.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Fortunately, a solution exists. Conducting annual procurement exercises. Leveraging a web-based and constraint-based bidding tool, such as a transportation management system (TMS).

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E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

GlobalTranz

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. According to Supply Chain 24/7 , e-commerce is on track to become the dominating force in all sales. Automated shipment tracking provides peace of mind to shippers and consumers. Click The Button.

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Have You Given Your Planner Love Today?

Supply Chain Shaman

The most unloved employees in the back office are supply chain planners. As supply chain leaders, I would encourage you to send each of them some love for Valentine’s Day. Each year, when we complete our annual talent survey, we note greater and greater dissatisfaction within the role of supply chain planners.