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What Is PPV? Purchase Price Variance Explained

Precoro

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

Just about every supply chain will be affected by this crisis, for example, with fuel prices surging although there is no shortage yet, there’s risk in supply and shipping routes being cancelled or diverted. We should all be well versed by now to know that we can expect a ripple effect throughout global trade. Supply chain challenges.

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Climate Change and the Supply Chain

Logistics Viewpoints

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Agriculture, oil and gas operations are major sources of methane emissions. The most well-known features of the IRA are the climate and clean energy provisions.

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Consumer Packaged Goods Manufacturers and Consumer-centric Supply Chains

Enterra Insights

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.

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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

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3 Industry Disruptors Affecting Manufacturers Today

QAD

Manufacturers and their supply chains have sustained crushing blows over the last 18 months, from the Suez Canal blockage to today’s port bottlenecks in Southern California and shipping delays in China. How do manufacturers deal with industry disruptors as they rear their ugly heads? Source: Xinde Marine News.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Build in-market sourcing. Over four-hundred days of war in Ukraine.