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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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Network Investment. Defining the ROI.

Supply Chain Shaman

In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days). Purchase order data, while not as important, has the smallest gap. The global economy and multi-national supply chain flows were based on rational government policy.

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Is it time to say goodbye to RFIs?

AIMMS

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

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6 Customer Service Examples To Maximize Customer Loyalty

ToolsGroup

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. 6 Examples of Excellent Customer Experiences. When making purchase decisions, brands who demonstrate care for others can offer a competitive advantage.

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Have You Given Your Planner Love Today?

Supply Chain Shaman

2) The Story of Policy, Strategy, and Modeling. The supply chain combines policy, strategy and models. Ask data modelers using supply chain strategy tools to validate policy and refine the outcomes. 3) Buy Technologies that Supply Chain Planners Will Love. Over 65% of supply chain planning happens in Excel spreadsheets.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Maximize the value of the purchase order flow data already in the existing networks. (A A purchase order changes many times and needs synchronization. Exostar’s purchase by Arlington Capital Partners from Thoma Bravo was completed this month. Reporting off of transportation data is a delays the signal by weeks and months.)

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Manufacturers Should Focus on This Most Critical Component for Manufacturing Operations Excellence

GlobalTranz

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?