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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
EOQ & Wilson Formula calculation
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
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.
Amazon Supply Chain & Logistics Secrets
In 2018, Amazon became the second company to reach $1 trillion in value. We will see how Amazon and especially how its Supply Chain has
10 Common Inventory Management Mistakes
Here are the 10 most common mistakes in inventory management, supply chain, and supply chain management. Together we will see how to identify and avoid
ABC XYZ Analyse to Optimize your Inventory
The ABC XYZ analysis is fundamental to optimize your inventory. The ABC method is a very good start but this is not enough in managing
Safety Stock Formula & Calculation : 6 best methods
There are many ways to calculate safety stock, you can fin hundred of different ways of calculation on google, wikipedia etc …. In this post,
10 Ways to Optimize your Inventory
Here are 10 concrete actions to optimize and reduce your inventory. They may sometimes seem obvious, but in practice, few companies apply them. 1) Establish
10 KPIs for your Supply Chain
Which KPIs for my supply chain? The challenge for your stock inventory and supply chain management will be to find the right balance between your