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

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. It targets professionals seeking data-driven insights and innovative practices. SM Commodities Index with IHS Markit).

Procurement

Procurement Insights

JULY 19, 2025

Agent-Based vs. Equation-Based Validation The DND case achieved “a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23,” using an agent-based approach – Are you chasing solutions or solving problems?

supply chain software solutions

Procurement Insights

FEBRUARY 23, 2025

2007 – Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology The Emergence of theMetaprise Discussion Excerpt: “In August 2003, the new technology successfully went live in a production environment for the DND. ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65

Chief Procurement Officer

Procurement Insights

MAY 27, 2024

Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed.

Real-time Visibility

Procurement Insights

FEBRUARY 17, 2024

FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” As a result, there will be a continuing need for “low-level” buyers. 2007 – Commonwealth of Virginia ’s eVA – Yes, Virginia!

supply chain software solutions

Procurement Insights

SEPTEMBER 15, 2023

As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”

Buyers