🚨 New Video Alert! 🚨
Master the art of supply chain management with our latest video on Key Performance Indicators (KPIs)! 📊 Learn how to measure and optimize your supply chain operations for maximum efficiency and customer satisfaction.
🔍 Topics covered include:
1️⃣ Order Fulfillment Cycle Time ⏳
2️⃣ Inventory Turnover 📦
3️⃣ On-Time Delivery (OTD) 📦🚚
4️⃣ Perfect Order Rate ✅
5️⃣ Supply Chain Cost 💰
6️⃣ Cash-to-Cash Cycle Time 💵
7️⃣ Supplier Lead Time ⏱️
8️⃣ Return on Assets (ROA) 📈
9️⃣ On-Time In-Full (OTIF) 🎯
🔟 Fill Rate 📥
Whether you're a supply chain pro or just starting out, these KPIs are essential for staying ahead of the game!
📺 Watch now
🔗 Don't forget to like, comment, and share!
#SupplyChain #Logistics #KPI #InventoryManagement #BusinessGrowth #Efficiency #Optimization #NewVideo #Learning #Strategy
🚀 Ready to ace your next Procurement Manager interview? 🚀
We've just released a new video covering the Top 5 Most Asked Technical Questions you'll face in the interview room—and we're giving you detailed answers to help you stand out! 🎯
🔍 Learn how to:
Master Cost-Benefit Analysis for supplier contracts
Conduct effective Spend Analysis in strategic sourcing
Optimize Inventory Turnover Ratios for better efficiency
Forecast demand with precision
Assess and mitigate supply chain risks like a pro
Don’t miss out on these valuable insights! 📈
🎥 Watch now and boost your interview prep
#ProcurementManager #SupplyChain #CareerTips #InterviewPreparation #SupplyChainManagement #ProcurementCareers
Learn the art and science of merchandise management in retail!
This video dives deep into the world of merchandising, explaining its crucial role in driving sales and customer satisfaction.
Discover how to plan, buy, price, and display products effectively to maximize profits.
From understanding market trends to managing inventory, this video covers it all.
Whether you're a retail enthusiast or aspiring manager, gain valuable insights into the dynamic world of merchandise management.
#merchandisemanagement #retail #merchandising #supplychain #business #retailmanagement #marketing #sales
🚚 What is Freight Forwarding in Logistics? 🚚
In this video, we break down the essential role of freight forwarding in the global logistics industry. Learn how freight forwarders coordinate the shipment of goods across international borders, manage the complexities of customs clearance, and ensure smooth delivery from origin to destination.
📦 Watch Now and Subscribe for more insights on logistics and supply chain management!
#FreightForwarding #Logistics #SupplyChain #GlobalTrade #Shipping #Transportation #CustomsClearance #LogisticsManagement #Freight #BusinessLogistics #InternationalShipping #LogisticsIndustry
🚀 Interested in a Career in Supply Chain Management? 🚀
Check out our latest video where we dive deep into the world of supply chain management careers! Learn about various roles, required skills, eligibility criteria, salary expectations, and much more. Whether you're just starting or looking to advance, this video has everything you need to know to succeed in SCM.
🔍 What You'll Learn:
Overview of Supply Chain Management
Career Paths and Key Roles
Essential Skills and Qualifications
Salary Ranges and Compensation
Tips for Career Advancement
📺 Watch Now:
#SupplyChainManagement #SCMCareers #Logistics #Procurement #OperationsManagement #CareerAdvice #JobSearch #SkillsDevelopment #CareerGrowth #SupplyChainJobs
✨ Like, Comment, and Subscribe for more career tips and insights!
Check out our latest video where we break down the Top 5 Most Asked Interview Questions for supply chain analyst positions! Gain insights into what hiring managers are looking for and how to answer confidently. 🚀
🔍 Why Watch?
Expert advice and tips
Real-world examples
Boost your interview readiness
#SupplyChain #SupplyChainAnalyst #JobInterview #CareerTips #InterviewPreparation #EOQ #Optimization #KPIs
Are you aspiring to pursue a Master's in Supply Chain Management from one of the top universities in the world?
In this video, we will guide you through the essential steps and requirements to secure admission into the top 10 universities renowned for their Supply Chain Management programs.
We have covered everything from admission requirements to application timelines for each institution.
#supplychain #SupplyChainManagement #TopUniversities #MastersPrograms #StudyAbroad #AdmissionsGuide #MIT #MichiganStateUniversity #RotterdamSchoolOfManagement #ETHZurich #UniversityOfWarwick #NUS #HKUST #PolitecnicoDiMilano #UniversityOfMelbourne #ShanghaiJiaoTongUniversity
Are you looking to elevate your career in supply chain management? Discover the top 10 universities that offer the best Master's programs in Supply Chain Management (SCM) around the world! 🌍
In this video, we delve into the key details of each program, including:
University Establishment Dates 📅
Course Names 📘
Curriculums 📚
Program Durations ⏳
Tuition Fees 💰
Placement Histories and Values 💼
Application Start Dates 🗓️
Whether you're aiming for a role in logistics, procurement, or supply chain strategy, these programs provide the knowledge and skills needed to excel.
From the prestigious Massachusetts Institute of Technology (MIT) in the USA to the renowned National University of Singapore (NUS), each university offers unique advantages and strong career prospects.
📌 Top Universities Featured:
1. Massachusetts Institute of Technology (MIT)
2. Michigan State University
3. Rotterdam School of Management, Erasmus University
4. ETH Zurich
5. University of Warwick
6. National University of Singapore (NUS)
7. Hong Kong University of Science and Technology (HKUST)
8. Politecnico di Milano
9. University of Melbourne
10. Shanghai Jiao Tong University
👉 Watch the full video for detailed insights into each university and their SCM programs.
#SupplyChainManagement #MastersInSCM #TopUniversities #MIT #MichiganStateUniversity #RSM #ETHZurich #UniversityOfWarwick #NUS #HKUST #PolitecnicoDiMilano #UniversityOfMelbourne #ShanghaiJiaoTongUniversity #Logistics #Procurement #SupplyChainCareer #HigherEducation #StudyAbroad #SCMPrograms
Ever wondered how products get from manufacturers to your doorstep? This video breaks down the essential pathways and processes that make it all happen.
This video is perfect for supply chain professionals, business students, and anyone interested in the logistics behind how products reach consumers. Gain valuable insights into the strategic role of distribution channels and the challenges businesses face in optimising their supply chain operations.
#SupplyChain #DistributionChannels #Logistics #BusinessStrategy #InventoryManagement #SupplyChainManagement #MarketingChannels #DirectDistribution #IndirectDistribution #TechnologyInSupplyChain
In today's video, we're exploring the world of freight brokers. We'll cover what a freight broker is, what they do, the different types, their benefits, licensing requirements, and provide a real-world example.
Whether you're a shipper, a carrier, or someone interested in the logistics industry, this video will give you a comprehensive understanding of freight brokers and their crucial role in transportation.
#freight #freightbroker #FreightServices
In this video, we're diving into the world of Incoterms, the essential terms that streamline global trade.
What are Incoterms? Why are they crucial? How do they work in real-world scenarios? We'll answer all these questions and provide practical examples of each of the 11 Incoterms. Whether you're new to international trade or need a refresher, this video is for you!
#Incoterms #Logistics
Let's dive into the top 5 most asked conceptual interview questions for warehouse managers. Whether you're preparing for an interview or looking to enhance your knowledge, these insights will help you understand key principles and best practices in warehouse management.
#warehouse #WarehouseJobs
Fashion enthusiasts, business students, supply chain professionals, and anyone curious about the behind-the-scenes operations of the fashion industry then checkout this video
Gain insights into how fashion companies stay ahead in a competitive market and learn about the innovative strategies they employ to deliver stylish products swiftly and sustainably.
#supplychain#FashionSupplyChain #FashionIndustry #SupplyChainManagement #FastFashion #Sustainability #Logistics #FashionBusiness #FashionTrends #FashionTech #FashionLogistics
Supply Chain Certificates are focused programs designed to equip you with specific knowledge and skills in a particular area of supply chain management.
Let's checkout key high value supply chain certificate which can boost your career.
#SupplyChainCertification #CSCP #CPIM #CPSM #CSCM #CSCMP #CTL #Logistics #SupplyChainManagement #CareerAdvancement #ProfessionalCertification
Top 5 Most Asked Interview Questions for Inventory Managers.
Whether you're preparing for a job interview or looking to brush up on your knowledge, this video is packed with essential information to help you succeed.
🔍 Here's what we'll cover:
00:20 Optimal Reorder Point (ROP): Learn how to determine the optimal reorder point to maintain the perfect balance of inventory levels. We'll break down the formula and provide a clear example to illustrate the concept.
01:35 ABC Analysis: Discover how to categorize inventory items using the ABC analysis method. We'll explain how this helps prioritize management efforts and maximize efficiency.
02:45 Cycle Counting: Understand the process and importance of cycle counting in maintaining inventory accuracy. We'll discuss how regular counts can minimize disruptions and identify discrepancies.
03:50 Inventory Carrying Cost: Learn how to calculate and interpret inventory carrying costs, including all the components involved. We'll provide a numerical example to highlight its significance in inventory management.
06:07 Lead Time Demand: Understand the concept of lead time demand and how it affects inventory levels. We'll show you how to calculate it and provide a practical example to ensure you're prepared for real-world scenarios.
📢 Share this video with anyone who might find it helpful!
📺 Watch the full video now and become a pro at tackling inventory management interview questions
#InventoryManagement #InterviewTips #InventoryManager #JobInterview #CareerAdvice #EOQ #ABCanalysis #LeadTimeDemand
What is warehouse management system
🚀 Warehouse Management Systems (WMS) 🌐📦
In today's fast-paced business environment, efficient warehouse operations are crucial for maintaining competitive edge and ensuring customer satisfaction. Enter the Warehouse Management System (WMS) – a game-changer in logistics and supply chain management.
What is a Warehouse Management System (WMS)?
A WMS is a software solution designed to optimize warehouse operations by streamlining processes, enhancing inventory accuracy, and improving overall efficiency. It encompasses various functionalities, including:
🔹 Inventory Management: Real-time tracking of inventory levels, locations, and movements.
🔹 Order Fulfillment: Efficient order processing, picking, packing, and shipping.
🔹 Receiving and Putaway: Streamlined receiving processes and optimal storage allocation.
🔹 Labor Management: Workforce planning, task assignment, and performance monitoring.
🔹 Data Analytics: Insights and reporting to drive informed decision-making.
Benefits of Implementing a WMS:
✔️ Increased Inventory Visibility: Real-time data ensures accurate inventory tracking and reduces stockouts.
✔️ Enhanced Efficiency: Automated processes minimize manual errors and increase productivity.
✔️ Cost Savings: Optimized space utilization and reduced labor costs lead to significant savings.
✔️ Improved Customer Satisfaction: Faster order processing and accurate deliveries boost customer loyalty.
Implementing a WMS can transform your warehouse operations, driving efficiency, reducing costs, and enhancing customer satisfaction. Ready to revolutionize your warehouse? Explore the benefits of WMS today!
#WarehouseManagement #WMS #SupplyChain #Logistics #InventoryManagement #OrderFulfillment #BusinessEfficiency #CustomerSatisfaction #DataDriven #LogisticsSolutions #TechnologyInBusiness
E Procurement
💠 Efficiency with E-Procurement!
Traditional procurement processes are slow, paper-heavy, and prone to errors. But what if there was a better way?
E-Procurement is here to revolutionise your supply chain! It streamlines the entire procure-to-pay (P2P) process by moving it online, offering a multitude of benefits:
1️⃣ Enhanced Efficiency: Automate tasks, free up your team's time, and say goodbye to manual approvals. Say hello to faster cycle times! ⏱️
2️⃣ Significant Cost Savings: Foster competition among suppliers, minimize errors, and gain real-time insights into spending patterns. Your wallet will thank you!
3️⃣ Improved Visibility & Control: Gain real-time data on inventory levels, supplier performance, and spending. Make data-driven decisions and stay in control. Knowledge is power!
4️⃣ Strengthened Collaboration: Seamless communication with suppliers fosters stronger relationships and better collaboration. Win-win!
5️⃣ Streamlined Compliance: Ensure adherence to internal spending rules and external regulations. Breathe easy! ✅
Checkout the video for more andJoin the discussion in the comments below! #eprocurement #supplychainmanagement #businessefficiency #procurement
What is Procurement | What is procurement process and Procurement Cycle
Procurement, the backbone of supply chain management, orchestrates the acquisition of goods and services vital for organisational success. Let's uncover its essence by simplifying its definition, process, and cycle.
What is Procurement?
Procurement strategically sources and manages goods, services, or works from external suppliers, ensuring organisational needs are met efficiently.
Procurement Process:
1️⃣ Needs Identification: Assess requirements.
2️⃣ Supplier Selection: Evaluate potential suppliers.
3️⃣ Request for Proposal (RFP) or Quotation (RFQ): Solicit bids.
4️⃣ Negotiation and Contracting: Finalise agreements.
5️⃣ Purchase Order (PO) Issuance: Formalise procurement.
6️⃣ Goods Receipt and Inspection: Verify quality and specifications.
7️⃣ Invoice Verification and Payment: Process payments.
8️⃣ Supplier Performance Evaluation: Monitor and improve supplier performance.
Procurement Cycle:
This cyclical approach involves planning, execution, and evaluation, optimising sourcing strategies and fostering strategic supplier relationships.
#Procurement #SupplyChain #Logistics #BusinessOperations #ProcurementProcess #ProcurementCycle #SupplyChainManagement #BusinessStrategy #ProcurementExcellence #ContinuousImprovement #SupplierCollaboration #EducationalContent #YouTubeTutorial #SupplyChainInsights
What is logistics and logistics management , How to select best mode of transport
🌐 Exploring Logistics and Supply Chain Management! 🚚✈️
Understanding Logistics:
Logistics is the backbone of supply chain management, encompassing the planning, implementation, and control of the efficient flow and storage of goods, services, and information from origin to consumption. Discover how logistics optimizes operations, reduces costs, and meets customer demands effectively.
Exploring Logistics Management:
Logistics management involves strategic coordination of logistics activities to ensure seamless flow of goods and services throughout the supply chain. Learn about transportation management, warehouse optimization, inventory control, and supply chain coordination from industry experts.
Modes of Transport in Supply Chain:
We'll also explore various modes of transport used in logistics:
🚚 Road Transport: For local and flexible deliveries.
🚆 Rail Transport: Efficient for long-distance haulage of bulk goods.
🚢 Maritime Transport: Essential for international trade with container shipping.
✈️ Air Transport: Fastest mode for time-sensitive shipments.
🛢️ Pipeline Transport: Specialized for liquid and gas transportation.
🌊 Waterway Transport: Leveraging rivers, canals, and coastal routes for shipping.
#Logistics #SupplyChain #LogisticsManagement #Transportation #WarehouseManagement #InventoryControl #BusinessOperations #Shipping #SupplyChainOptimization #LinkedInLearning #ProfessionalDevelopment
What is Supply Chain and Supply Chain Management
What is a Supply Chain?
A supply chain is a network of interconnected entities, activities, resources, and technologies involved in the creation and delivery of products or services to customers. It encompasses the entire lifecycle of a product, from the procurement of raw materials to production, distribution, and ultimately, customer consumption. Key components of a supply chain include:
1. Procurement: The process of sourcing raw materials, components, and services from suppliers.
2. Manufacturing/Production: Transforming raw materials into finished products through various manufacturing processes.
3. Logistics and Transportation: Managing the movement and storage of goods within the supply chain network.
4. Warehousing and Inventory Management: Storing and managing inventory to meet demand while minimizing costs.
5. Distribution and Fulfillment: Delivering products to end customers through various channels.
The goal of an effective supply chain is to optimize the flow of goods, information, and finances while minimizing costs, reducing lead times, and meeting customer demand efficiently.
What is Supply Chain Management (SCM)?
Supply chain management (SCM) encompasses the strategic coordination and integration of all supply chain activities to maximize value creation, enhance competitiveness, and meet customer expectations.
SCM involves planning, execution, and control of key supply chain processes to achieve operational excellence.
#SupplyChain #SupplyChainManagement #Logistics #Business #Operations #Procurement #Production #InventoryManagement #DemandPlanning #LogisticsManagement #BusinessInsights
