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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: 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 : Inventory Turnover Inventory Turn Stock Turn Days on Hand Days in Inventory Inventory coverage In my opinion, it
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
Programming languages for Supply Chain
We should talk more about coding languages in Supply Chain. Companies like Amazon need skilled people, able to both understand Supply Chain concepts and develop
Software and ERP to master in supply chain
Since the beginning of my supply chain career, I have noticed that companies waste a lot of time collecting and updating data when they should
How to become Supply Chain Digital Nomad
Do you know the term “ Digital Nomad ”? You’ve probably heard it before, or seen it on dreamy Instagram posts. The principle is simple:
4 Innovations transforming Supply Chain & Logistics
According to Forbes magazine, the W eb Summit in Lisbon is the best technology conference in the world and it is attended by both major
Best Supply Chain and Logistics online courses
For some time now, Supply Chain training and e-learning have been on the rise. Simple to use, economical, and created by leading universities or supply
10 Supply Chain Trends & Innovations in 2020
I was recently invited to give a presentation on Supply Chain innovations at a conference in Sydney. I will show you what I saw, learned
How to become Supply Chain Manager – 6 Pillars
Many of you have asked this question, so I will introduce you to the 6 pillars to become a supply chain manager or, if you
Express Delivery in China : Alibaba vs WeChat
While I was travelling in China to Guangzhou, I wanted to share with you an e-commerce logistics experience. There are a lot of talk about
How to prepare your Supply Chain for the next crisis ?
We have never been so close to the next financial crisis. The purpose of this article and video is not to frighten you but to
Develop Excel skills to improve Supply Chain Performance
Are you efficient enough with Excel? Most people think they can master Excel but they do not exploit the potential of this tool at all.