Case Study Preview: Purchase Price Variance

A team of Beckway operators recently implemented a purchase price variance (PPV) report for direct spend to track and measure savings for a $400M global chemical distributor. The team also established a standard cost for all raw material items to baseline and measure procurement savings. The savings amounted to $3.9M in 7 months. For more information, contact John Bradshaw at jbradshaw@beckway.com.