Supply Chain Blog
All our tips and advice to get the most out of your supply chain career
Safety stock is essential in inventory management to avoid stockouts caused by demand or supply…
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Reorder Point Formula & System: The Ultimate Guide with Excel Examples
If you’re managing inventory, you already know how crucial it is to get the timing right. Enter the Reorder Point (ROP)—an essential tool in inventory
Safety Stock Formula & Calculation: The 6 best methods
Safety stock is essential in inventory management to avoid stockouts caused by demand or supply variability. This guide covers various safety stock formulas, including the
10 Essentials Supply Chain KPIs and Metrics in Excel
This guide covers essential Supply Chain Kpis and metrics like , Service Rate, Availability Rate, Stock Rotation (inventory turnover), and Forecast Accuracy to help you
11 effective strategies to optimize inventory, reduce costs, and improve supply chain efficiency
Effective inventory management is critical for maintaining optimal stock levels and reducing costs. This guide explores 11 proven strategies to optimize inventory, from demand forecasting
ABC Analysis in Inventory Management: Step-by-Step Excel Tutorial
ABC analysis is a method used in inventory management to categorize items into three groups—A, B, and C—based on their importance and consumption value. By
ABC XYZ Analysis in Inventory Management: A Complete Guide with Excel Example
ABC XYZ analysis is a powerful inventory management tool that combines two methods: ABC classification by value and XYZ analysis by demand variability. This approach
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
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
Comprehensive Guide to Inventory Cost Calculation: 9 Key Parameters
Effective inventory management is crucial for business profitability. Beyond the obvious expenses, several hidden costs can significantly impact the bottom line. This article will explain
Economic Order Quantity: EOQ Formula + Excel Guide
If you’ve ever wondered how much and how often you should order, the EOQ formula (Economic Order Quantity or Wilson Formula) is your answer. In
Essential Excel Skills for Supply Chain Management
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.
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
Forecasting in Excel : A Step-by-Step Tutorial with exemples
Forecasting in Excel offers a quick and efficient way to predict future trends by leveraging historical data. This Forecasting in Excel tutorial explains how to
How to Calculate OTIF, DIFOT, and Fill Rate in Supply Chain
Too often neglected, OTIF, DIFOT, service level, and fill rate are essential indicators in supply chain management. They can drive satisfaction or cause stress, especially
How to Choose the Best Inventory Management Software and ERP for Your Business
Selecting the right inventory management software and ERP is crucial for optimizing your supply chain and enhancing overall business efficiency. This guide provides insights into
Inventory Turnover ratio: Formulas & Calculation in Excel
The inventory turnover ratio is a critical metric for assessing the efficiency of inventory management. This guide covers essential formulas and steps for calculating inventory
Top Programming Languages for Supply Chain Optimization and Automation
Programming languages are essential tools in modern supply chain management, driving automation, data analysis, and optimization. This article explores leading languages like Python, SQL, and
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,
Supply Chain Salary & Jobs: Ultimate Guide
In this article we review 48 Supply Chain jobs and their salaries across several countries, what career path can make you earn more on the
How to Use ChatGPT for Sales Forecasting in Excel: Full Tutorial
In this article, we will explore how to use ChatGPT to automate sales forecasting. Starting with an Excel file containing Amazon’s quarterly sales data, we
The Future of Supply Chain Jobs: 30 insights
We hosted a conference in Paris with Nicolas Vandeput about the future trends of our supply chain roles. Here are 30 takeaways for Supply Chain
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
