Remove Agile and Lean Supply Chain Remove Purchasing Remove Raw materials
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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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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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Paul Nilsen, Purchasing Manager Willis North America (New York, NY) My Response In Part 4 of my Changing Face of Procurement Conference Series titled Winning Strategies for Vendor Engagement, I briefly discuss an M&A case reference involving organizations within the confection or candy industry.

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Future-Proofing Supply Chains with Analytics-Driven Leadership

SCMDOJO

In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data. Not sure where your supply chain stands?

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9 Innovative Purchasing Concepts

Una

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

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Top Supply Chain Management Courses!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Education and Certification – What’s Missing? If you’re looking to start or improve your career in the field of supply chain management courses, you might be wondering where to start. Supply Chain Management Courses.

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Effective Strategies for Tracking Raw Materials in Your Inventory System | Ecommerce

Finale Inventory

One important aspect of inventory management is tracking raw materials. Raw materials are the foundation of your products, and accurately tracking them in your inventory system is vital for maintaining optimal production levels and meeting customer demands. Monitoring these materials is important for several reasons.