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The Power of S&OP: Unveiling the Success Behind Global Supply Chain Operations
Introduction to Sales and Operations Planning (S&OP) Sales and Operations Planning (S&OP) is a robust and comprehensive business process that has significantly evolved over the
Cash to Cash Cycle: How to Calculate and Improve it?
Managing your cash conversion cycle is a continuous process. It requires consistent monitoring and adjustment to maintain optimal performance. But with dedication and the right
How To Cut Down Supply Chain Costs And Improve Performance
Getty Effective supply chain planning is critical to business growth and can affect everything from customer satisfaction to profits. As a global supply chain continues
Maximizing Occupancy Rate: A Guide to Understanding and Boosting Warehouse Efficiency
We slightly touched on the subject in a previous publication: in the world of inventory management, achieving an optimal balance between inventory turnover and occupancy
Inventory Optimization: Min/Max method or Safety Stock?
Whether you have 100 SKUs or 10,000, inventory management is a complex subject that is key to a company’s financial health. You need to be
How to Become a Supply Chain Consultant?
Perhaps you often wonder what becoming a supply chain consultant is like. After all, they play a vital role in a company’s operations, helping to
Supply Chain Lead Time: what is it and how to track it?
Supply Chain Lead Time is a key topic in supply chain and logistics: lead time. It’s everywhere, yet measuring and optimizing lead time can be
KPI – Inventory Accuracy: How to track and improve it? (Stocktake, Excel Calculation Tutorial)
In the supply chain world, or more generally, when a company sells or produces goods, the reliability of the stock is critical. To see the
How to get hired as a Supply Chain Manager without a degree or experience?
According to the US Census Bureau, over 60% of Americans over 25 don’t hold a Bachelor’s degree. All over the world, more and more managerial
4 Steps to Create an Efficient ”Green Supply Chain”.
The current climate and social issues are pushing the world to change its organizations and habits, and companies are no exception. As a result, they
Calculate SLOB Inventory: Slow Moving And Obsolete Inventory
SLOB inventory (Slow-moving and obsolete inventory) possibly already occupying a significant amount of space in your warehouse. The longer this unwanted inventory remains part of
Boosting Your Career in Supply Chain: 11 Tips For A Great Start (For Students and Young Graduates)
Whether you’re in the middle of your supply chain studies or already have your degree in hand, it’s time to think about your future career
I am addicted to my iPhone : 10 solutions for Nomophobia
This surely is the evil of this century: ‘‘nomophobia’’ or the extreme fear of not having your phone. Shortened from “no mobile phone phobia,” it
How to optimize Inventory: 11 Proven Inventory Reduction Strategies
Here are 11 concrete actions to optimize inventory and reduce overall stock levels. Inventory optimization is all about finding the right balance between Inventory, Service,
ABC XYZ Analysis in Inventory Management: example in Excel
The ABC XYZ analysis is a great tool to manage products and optimize inventory. The ABC classification is a good start, but this is not
Safety Stock Formula & Calculation: The 6 best methods
How to calculate safety stock? You can find many ways of calculation on Google. It can look sometimes complicated. In this article, I will explain
EOQ Formula with examples in Excel (Economic Order Quantity)
How often and in what quantity should you order products? This is what we will try to answer in this article with the economic order
Supply Chain Jobs and Salary
Are you well paid in Supply Chain and logistics? Let’s review supply chain jobs and salary, through a full Supply Chain Jobs list. This is
Supply Chain KPIs: 11 mistakes to avoid
Supply Chain KPIs, or Key Performance Indicators, are measures of performance over time for a specific objective. KPIs are used to unveil useful insights about
What is Supply Chain Management (SCM)? Simple Definition with Examples
To be effective in a field such as the supply chain, it is first and foremost necessary to understand its fundamentals and operating principles. So,
Forecasting in Excel in 3 Clicks: Complete Tutorial with Examples
To progress in Supply Chain, mastering Excel is essential. Forecasting with Excel will allow you to automate and simplify your work. In this article, I
How To Improve Your Performance at Work: What You Need To Know
Performance at work is the essence of your role in your company. It’s about meeting the requirements of your contract. So how do you boost
Inventory Turnover ratio: Formulas & Calculation in Excel
The Inventory Turnover has different names : In my opinion, it is one of the most important KPIs in Supply Chain. I’ve been using this
Blockchain in Supply Chain: applications and examples
Blockchain in Supply Chain has many applications: Traceability Combating fraud Verification/Audit systems But what are some concrete examples of Blockchain implementations? How can supply chain
Forecast Accuracy formula: 4 Calculations in Excel
The forecast reliability or forecast accuracy is a key indicator in demand planning. If chosen correctly and measured properly, it will allow you to reduce
OTIF, DIFOT, Fill Rate: KPI Service Calculation & Formulas
Too often neglected, the OTIF, DIFOT, service level or fill rate is the primary indicator in Supply Chain in my opinion. It can be a
ABC Analysis: Step-by-Step tutorial in Excel example
In my video, I introduce you to the ABC Analysis and the Pareto principle that you can use to optimize your inventory management and logistics
How much does your inventory cost you? 9 underestimated parameters
The Coronavirus pandemic has turned the Supply Chain and the rhythm of inventory rotation completely upside down, but accumulating can be very expensive. We have
Will Python replace Excel?
In Supply Chain, data management and processing are vital. To be able to pilot physical flows, it is essential to master information flows: the processing
How to choose the right ERP & Inventory Management Software
In this article, I am going through the details on how to select an adequate Inventory Management Software and ERP (Enterprise Resource Planning) for your company. You