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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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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. These materials and parts are the building blocks of a company’s final offerings, making them mission-critical to the manufacturing process. Find Out More What Is Procurement?

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The Digital Supply Chain Journey: Step 3 – Electronic Connectivity!

Supply Chain Game Changer

The Digital Supply Chain Journey: Step 2 – Digital Transformation Leadership! The Digital Supply Chain is the future. Electronic connectivity is THE backbone that makes the Digital Supply Chain a reality. Faxes, paper purchase orders, typewritten lists of anything and everything, memos, and on and on.

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How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.

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How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.

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What is the Best Procurement Software?

Procurement Express

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. What is Procurement Software?