SCMDOJO

MARCH 24, 2025

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. Check out the Procurement KPI Dashboard now!

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Insights

APRIL 8, 2025

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. Complex, multi-tiered supply chains Superior (e.g.,

Supply Chain Optimization 81

Supply Chain Optimization Procurement Supply Chain Efficiency Agile and Lean Supply Chain 81

Procurement Insights

APRIL 13, 2025

Hansens Context and the Absence of a Learning Loopback Process Metaprise Model Overview: Hansens Agent-based Metaprise model (2007 post) uses autonomous agents to represent stakeholders (e.g., buyers, suppliers) interacting based on real-world commodity traits (e.g., cosmetics luxury inputs, coffees farm-gate prices). unit), assess $0.07/unit

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization Data 52

Procurement Insights

APRIL 15, 2025

Cited as a success in Procurement Insights (2007-2014), it embodied Hansens agent-based approach, likely a precursor to the Metaprise model, prioritizing the shared relationship between human agent experience and expertise and technology-based AI agents. DNDs success (2007) reflects Hansens user focus, cutting 50-70% failure rates.

Data 78

Data Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 78

Procurement Insights

JUNE 12, 2025

EDITOR’S NOTE: In advance of reading the following post, have a quick read of the following two Procurement Insights posts from 2007 and 2023, respectively. Dangerous Supply Chain Myths (Part 7) Are you chasing solutions or solving problems? Their supply chain expertise (e.g.,

Sourcing 52

Sourcing Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency 52

Procurement Insights

APRIL 9, 2025

Supplier Focus: Ramps supplier management is buyer-centric (e.g., Ramp retains an edge in agility and UX (6,500 hours saved, Forrester), while Amexs legacy brand and Nipendos depth appeal to entrenched corporates. So, why is Ramp “hidden in plain sight” in the procurement and supply chain world?

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

Procurement Insights

APRIL 16, 2025

procurement officers) and AI agents (self-learning algorithms) for continuous data cleaning via a learning loopback process, as seen in DNDs 2004-2007 success (20% savings). Pierre Mitchells Profile: Leads procurement research at Spend Matters, with 30 years of experience in supply chain and digital transformation, per Spend Matters (2022).

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Data Procurement Quality 52