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Just got back from LogiMAT but curious about what was happening at MODEX? Or the other way around? Or perhaps you weren't able to attend either of them? Either way, we've got you! In this episode, Margherita and Pia had a chat with Kevin Lawton, CLTD from The New Warehouse Podcast about their impressions of the two leading industry trade shows. Kevin shared his highlights from MODEX, while Margherita and Pia spilled the beans about LogiMAT. Side note: This episode is the recording of a Live Podcast on LinkedIn hosted by The New Warehouse Podcast. Disclaimer: The opinions expressed by the hosts are personal opinions and not representative of the position of their respective employers on the discussed topics.
Trong tập Business Insights hôm nay, chúng ta sẽ lắng nghe CEO của John&Partners - Nguyễn Thế Trung, đào sâu vào sự kiện Việt Nam chính thức trở thành đối tác chiến lược toàn diện với Hoa Kỳ. Là một chuyên gia đã tư vấn cho vô số tập đoàn Việt Nam mở rộng thị trường tại Mỹ, cũng như chào đón và kết nối rất nhiều nhà đầu tư Mỹ với doanh nghiệp Việt, anh Trung đánh giá như thế nào về sự kiện này, và quan trọng hơn cả, anh sẽ chia sẻ chiến lược và “insight” gì để doanh nghiệp Việt có thể nhanh chóng củng cố nội lực, sẵn sàng cho một “kỷ nguyên” cơ hội mới? Business Insights là một chương trình chuyên sâu về kinh tế, kinh doanh, tài chính trên kênh Vietsuccess. Chương trình tập trung phân tích những sự kiện kinh tế - từ vi mô đến vĩ mô với các khách mời là các chuyên gia kinh tế, nhà lãnh đạo trong và ngoài nước. Từ những kinh nghiệm kinh doanh “thực chiến” của các khách mời, Business Insights hứa hẹn sẽ cung cấp những kiến thức chuyên sâu, giá trị giúp người xem đưa ra được những quyết định đúng đắn trong hoạt động đầu tư và kinh doanh. Timestamp: 00:00 - Mở đầu, giới thiệu khách mời 01:58 - Chiến lược phát triển có gì thay đổi sau khi VN và Mỹ trở thành đối tác CLTD? 02:39 - Đối tác chiến lược toàn diện cụ thể là gì? 03:56 - Vì sao lại là thời điểm này và vì sao lại là VN? 08:55 - VN đã sẵn sàng thay thế Trung Quốc về năng lực sản xuất hay chưa? 13:30 - Cơ hội sẽ đến với những ngành nào? 18:41 - Tiêu chuẩn vào thị trường Mỹ 21:28 - Coming up 22:01 - Cộng đồng DN Việt có thể tìm “cầu nối” vào thị trường Mỹ như thế nào? 25:39 - Ngoài sự chủ động, DN Việt cần gì để ra biển lớn? 29:12 - Tư duy đúng về việc mở rộng thị trường 32:10 - Chiến lược xây dựng quan hệ với đối tác Mỹ 35:33 - Năng suất lao động tại Việt Nam đang ở đâu? 38:48 - Còn bao nhiêu năm nữa để VN bắt kịp các nền kinh tế trong khu vực? 41:27 - VN sẽ ra sao khi thời kỳ dân số vàng kết thúc? 42:31 - Coming up 42:58 - Tư duy làm việc của người Việt cần thích ứng với quốc tế như thế nào? 46:20 - Nguồn nhân lực và ngành logistics tại Việt Nam 50:42 - Nguồn vốn đổ vào VN hưởng lợi thế nào? 58:13 - VN bất lợi như thế nào khi chưa được công nhận là nền kinh tế thị trường? 01:00:49 - Những “tấm gương” đã nắm bắt tốt mối quan hệ hợp tác chiến lược 01:03:08 - Tóm tắt những insights để DN Việt đón đầu cơ hội 01:05:22 - Chào kết. Credits: Dẫn Chuyện - Host | Mai Trang Kịch Bản - Scriptwriter | Mai Trang, Atlan Nguyễn Biên Tập - Editor | Atlan Nguyễn Truyền Thông - Social | Ngọc Anh Sản Xuất - Producer | Anneliese Mai Nguyen Trợ Lý Sản Xuất - Producer Assistant | Ngọc Huân Quay Phim - Cameraman | Nhật Trường, Hải Long Âm Thanh - Sound | Khanh Trần Hậu Kỳ - Post Production | Khanh Trần Thiết Kế - Design | Nghi Nghi Makeup Artist - Trang Điểm | Ngọc Nga #BusinessInsights #Vietsuccess #Business #ComprehensiveStrategicPartnership
Robert DeBellefeuille and Joe Lynch discuss his company's journey to becoming a world class shipper. Robert is the Manager of Global Logistics at Jamieson Wellness, Canada's leading branded manufacturer, distributor, and marketer of high-quality natural health products. About Robert DeBellefeuille Robert DeBellefeuille is the Manager of Global Logistics at Jamieson Wellness, Canada's leading branded manufacturer, distributor, and marketer of high-quality natural health products. Robert and his team are responsible for the movement of goods globally and successfully executes freight movements in all modes, in more than 50 countries. Robert previously was the head of Logistics for Tilray, a leading Cannabis producer. With Tilray, Robert led the relationships with 3PLs, carriers and other stakeholders to manage movement of highly regulated cannabis products throughout Canada & into Europe, South America & Australia. Prior to the cannabis industry, Robert spent time in the produce & transportation industries. Robert earned a CLTD designation from APICS and a Bachelor of Commerce from Carleton University. About Jamieson Wellness Jamieson Wellness is Canada's leading branded manufacturer, distributor, and marketer of high-quality natural health products. In a rapidly growing marketplace, Jamieson Wellness has set itself apart with its industry-leading commitment to superior quality by providing consumers in more than 45 countries around the world with the purest, safest, and most effective natural health solutions available. The Jamieson Wellness family of brands and product portfolio is specifically curated to help maintain overall health with daily multivitamins for all age groups, letter vitamins, digestive, heart health and immune support formulas. The Company offers a variety of products to support women's hormone health and beauty from within, and proteins and other sports nutrition products for those with active lifestyles. The Company also believes that taking your vitamins can be fun and delicious and provides a variety of ways to make that happen through gummies, chewable tablets, powders, sprays and more. In addition to its Branded Business, the Company offers comprehensive manufacturing and product development services on a contract manufacturing basis to select blue-chip consumer health companies and retailers worldwide. Key Takeaways: Becoming a World Class Shipper Robert DeBellefeuille is the Manager of Global Logistics at Jamieson Wellness, Canada's leading branded manufacturer, distributor, and marketer of high-quality natural health products. In the podcast interview, Robert and Joe discussed Robert's career path and his company's journey to becoming a world class a world class shipper. With the mission of becoming a world class shipper, Robert and his team are focusing their improvement activities on the 4 following areas: Customer experience (internal and external customers) Internal team members skills and knowledge Digital ecosystem Transportation and logistics partners The Jamieson brand is consistently recognized as the most trusted vitamin brand in Canada. This trust is built on a nearly 100-year history of producing high-quality natural health products for consumers around the world. To demonstrate their dedication to quality, all Jamieson Wellness products are manufactured according to 360-Pure, their industry leading quality control program which guarantees that their products are the safest, purest, and most effective on the market. Learn More About Becoming a World Class Shipper Robert on LinkedIn Jamieson Wellness on LinkedIn Jamieson Wellness The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
Reach to the Consensus S&OP Number Bob Forshay, is a Master instructor in the supply chain who is well recognized globally. He provides courses CPIM, CSCP, CLTD, CLM, CSCA, CSCM, CSCTA to well-known corporations around the globe. Reaching one S&OP number aligned with all functions inside the organization required a huge effort and work. In this episode, we will talk about all the needed work to reach this one number. Stay tuned with Global S&OP Community podcast and with my Cohost Ahmed El Hamamsy. Knowledge you will not find in books.
Managing Supply chain KPIs is not something easy, especially when you look at it as a full eco-system. A new great episode this Sunday with Samer Madhoun Supply Chain, CIPS Jordan Chair , APICS Master Instructor CSCP,CLTD,SCORP Samer is the Managing Partner of MUHAKAT محاكاة and Board member of United nation global impact Jordan. He has extensive years of experience in the supply chain. He is one of the well-recognized Master instructors with APICS in the middle east including (CSCP, CLTD, SCOR). Stay tuned with Global S&OP Community Episode 20. Don't forget to listen to the previous 19 episodes in the first comment. Knowledge you will not find in books. #community #experience #supplychain #experiencelearning
Small businesses and small business owners are something to celebrate! This week is Small Business Week in Dalton, and we are excited to celebrate Dalton's finest businesses, entrepreneurs, and those who support them.Check out our daily podcasts, created to keep you entertained, informed, and educated on small businesses here in your hometown, and how you can best support them. INTERVIEW WITH MARILYN M HELMS, D.B.A., CFPIM, CIRM, CSCP, CLTD, CQM/OE
Guest Name : Ken Titmuss, CEO at Ken Outsourcing Services. Language : Indonesian, Publication date: May, 21. 2020 Ken is a Supply Chain, Operations and Manufacturing consultant. He has run his own business, Kent Outsourcing Services, and has worked with well over 200 companies assisting them in all aspects of their manufacturing planning and control systems and providing their employees with education courses to raise their level of understanding of Operations and Supply Chain Management. Ken has been very involved with SAPICS for last 30 years from running the Cape Town Chapter, to being on the Board of Directors and holding the position of President for two terms of 2 years. Ken is an APICS Master Instructor for the CPIM, CSCP, CLTD, Principles Series, Lean Program as well as for the APICS Instructor Development Programs. He is also Member of VCARE’s Education and Research Executive Board (EREB), Canada. In this episode we cover the top ten reasons that contribute to Inaccurate Inventory; starting from education and training, cycle counting, Policies, Procedures and Computer Work Instructions, Housekeeping, Receiving, Warehouse Security, Visible Performance Measures, Shipping, Discipline, Continuous Improvement. Connect him on Linkedin: https://www.linkedin.com/in/ken-titmuss-4408341/ --- Send in a voice message: https://anchor.fm/bicarasupplychain/message
This episode of Supply Chain is Boring features Kevin Lawton. Kevin Lawton is the founder of The New Warehouse Podcast which features insights and ideas for the logistics, distribution and transportation industries. Kevin has a background in distribution management with a focus on inventory control and new distribution center start ups. His podcast is reflective of his experience and also provides listeners with the insights of other experts in the industry. Kevin also has his CLTD certification from APICS and is on the board of the APICS Princeton Region South Jersey chapter in New Jersey. Supply Chain is boring is hosted by Chris Barnes. Learn more and listen to other Supply Chain is Boring episodes here: www.supplychainnowradio.com/supply-chain-is-boring
Guest Name : Paul Denneman, Senior Consultant at Mutatis Mutandis Language : English, Publication date: Feb, 29. 2020 Paul is a senior consultant at Mutatis Mutandis. The focus of Mutatis Mutandis Consulting is on changing complex supply chains in environments where regulations or legislations are major constraints. The company is founded in 1993 by Paul Denneman. Although Paul is mostly active as an independent senior project manager/consultant in supply chain transition processes, his professional passion is in transferring his knowledge to others too. In the past two decades Paul trained over a 1000 supply chain professionals in over 100 companies. Paul holds a Master’s degree in Industrial Engineering and Management Sciences of Eindhoven University of Technology (the Netherlands) and is a qualified APICS® Master Instructor. To complete his professional background he is CPIM®, CLTD®, CSCP®, Prince2® and ITIL® certified and has experience in the high-tech, pharmaceutical and medical devices industry. Connect him on Linkedin: https://www.linkedin.com/in/pauldenneman/ Highlighted: How does inventory management affect the supply chain? What are the best approach in managing the inventory ? What's view on Using Technology to Improve Inventory Management ? --- Send in a voice message: https://anchor.fm/bicarasupplychain/message
SCM Sparks brought to you by IISCM!For any large organizations, supply chain analyst is an important position to continuously improve the supply chain. Supply chain analysts recognize the symptoms, identify the root causes and recommend the right solutions. They help a supply chain to transform from the current state to a better future state. In other words, they ensure that the supply chain is in alignment with the organization’s and customer’s expectations. In summary, supply chain analysts help an organization in the following ten areas:1. Set a strategic direction for the supply chain2. Identify the capability gaps in terms of people, processes and systems3. Map current and future states of supply chain4. Solve supply chain issues5. Select appropriate software6. Develop Standard Operating Procedures7. Implement Process Improvement8. Recommend appropriate machineries and MHEs9. Measure and report your supply chain’s competitiveness and other KPIs10. Transform the supply chain For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
SCM Sparks brought to you by IISCMOne can improve a supply chain only by knowing the start point and the destination. I mean the current state and the future state of the supply chain. Process mapping is a great technique to capture the current state and define the future state of a supply chain. Microsoft Visio is a most prominent tool which can elegantly present the processes of a supply chain to its minutest details. I would say all supply chain professionals should have a decent skill in process mapping and knowledge of Microsoft Visio. For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
SCM Sparks brought to you by IISCMFor a sound product or service delivery, an organization need to define, measure, analyze, improve and control its inputs, processes and outputs. Supplier certification is a tool to achieve this goal on the input side of an organization. Supplier certification enables an organization to align its suppliers with its quality, cost, flexibility and delivery requirements. A supplier certification may have 20 parameters. Some of these parameters fall under acceptance criteria and others under evaluation criteria. Acceptance criteria is like pass or fail and evaluation criteria is like ranking a supplier. Supplier certification is not a static one, but a dynamic one that constantly moves to a higher level to reflect continuous improvement. Do you have a supplier certification program in your organization and what are all the acceptance and evaluation criteria? For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
SWOT analysis stands for Strengths, Weaknesses, Opportunities and Threats. Both strengths and weaknesses are about the capabilities of my supply chain. Strength is something that is helping my supply chain to succeed and I should preserve and improve it further. Weaknesses are those capabilities that are acting as bottlenecks. For an e-commerce company, sourcing may be their strength and last mile connectivity could be its weakness. On the other hand, opportunities are things that need to be capitalised and threats are those that may jeopardise the company's operations. The growing internet penetration in Indian economy is an opportunity for this e-commerce company, while the growing government regulation on e-commerce businesses could be a threat. Are you ready to do SWOT for your supply chain?For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
The three perspectives of defining inventory. They are types of inventory, functions of inventory and nature of inventory. Raw material, work in process, finished goods inventory, distribution inventory and maintenance, repair and operating supplies (MRO) are the types of inventory. Safety stock, cycle stock, decoupling inventory, transportation inventory, hedge inventory, anticipation inventory, buffer inventory are the functions of inventory. The nature of inventory could be independent or dependent. Are you able to discern the differences between types, functions and nature of inventory? For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Traditionally the warehouses were serving as a place to receive the goods, store them for long periods and issue them against the orders from the downstream. Do you think the warehouses continue to serve only these purposes? Don’t you think they have evolved and serving demands of today’s new age businesses and customers? So what are all the value-added functions of modern warehouses? Do you think the delivery hubs of e-commerce companies have storage function?For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Risk creates an uncertainty in achieving the objectives of supply chain. Risk may or may not happen and is a combination of events and consequences. The falling of a 2 kg bolt from a truss is an event and it hits an equipment on the ground is a consequence. So, the same event may give rise to different consequences and severity of the risk may change from no-effect or near miss to fatal accidents. ISO:31000:2018 provides terminologies, principles and framework for risk management in organisations. Though ISO:31000:2018 is general in nature, it can be well adopted to manage risk in your supply chain.Do you think your supply chain as a whole or parts of it need risk management? https://www.iso.org/files/live/sites/isoorg/files/store/en/PUB100426.pdfFor more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
You may be an experienced SCM professional or someone who would like to make a career in supply chain. If you would like to update yourself with the current practices in supply chain then I would recommend one book that is CPIM Part-1 Learning System from APICS, USA. The 2019 version contains thirteen sections such as SCM Introduction, manufacturing design, continuous improvement, lean, demand management, master planning, MRP, capacity management, purchasing, aggregate inventory management, item inventory management, execution and control and physical distribution. Are you ready to take your knowledge to the next level?For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
This is your host Venkadesh Narayanan from IISCM. According to Customs Broker Licensing Regulations, 2018 the applicants shall meet the following eligibility condition to submit the application1) he is a citizen of India2) he is a person of sound mind3) he is not adjudicated as insolvent4) he holds an Aadhaar number5) he holds a valid PAN card To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi this is Venkadesh Narayanan from IISCM. This podcast is on the role of Freight Forwarders. Let us try to understand the role of freight forwarders through an analogy. Assume that I would like to travel from Chennai to Gaborone the capital city of Botswana in the southern part of Africa for a business trip. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi, this is Venkadesh Narayanan from IISCM. This podcast is on Customs House Agents. Import and export is a complex process which involves several stakeholders. In addition to performing a movement of goods from or to the terminal, one has to focus on insurance, packaging and hiring carriers, you also need to file several documents with the customs department. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi this is Venkadesh Narayanan from IISCM. This podcast is on the list of Executive Development Programs offered by IISCM for corporates. The duration of IISCM’s Executive Development Programs range from one to three days and are delivered at organisations across India, Middle-East and Africa. These programs are case study based and have a judicial mix of theory and practice. On completion of the program, the participants would be able to transform the respective business processes in their organisations.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi this is Venkadesh Narayanan from IISCM. This podcast is on why a supply chain professional need to pursue supply chain certification?At the beginning of 1990’s when I started working for an engineering firm, supply chain tasks were more or less a common sense. Anyone with a degree in commerce, science and engineering can handle the tasks with little bit of on-the-job training. Those days MBAs were rarest of rare and we never had any programs to educate us in supply chain concepts. I mean there were not many college programs related to supply chain body of knowledge. Some of my best colleagues came from industrial engineering background. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi this is Venkadesh Narayanan from IISCM. This podcast is for young graduates to help them form a career in supply chain. As you may be aware that supply chains across India need skilled and qualified manpower to manage its operations. This demand is coming from eCommerce companies, multinational corporations and business houses. I have personally witnessed a steep growth in demand for supply chain professionals both at entry and mid-management levels over the last 5 years. Several predictions points out to the fact that supply chain will be one of the leading domains that will offer significant opportunities to young graduates for the next few decades or so. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi this is Venkadesh Narayanan from IISCM. This topic is on Bonded Warehouses. Bonded warehouses are established under the Customs Act, 1962. You can refer sections 57 to 73 under Chapter IX of Customs Act 1962 to learn the various provisions of bonded warehouse in India. Similar to this act almost all countries have legal provisions governed by their respective acts to establish the bonded warehouse. So what is a bonded warehouse? The warehouse promoter or the importer executes a bond with the Customs Department to establish the bonded warehouse, hence that name. Bonded warehouses are normally used by businesses who are in import and export business.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hi, this is Venkadesh Narayanan from IISCM.org. This podcast is on An 8-Step Approach For Career Progress in SCM. The eight steps are Establish Goal, Define Geographies, Identify Domain, Search Companies, Analyse Job Descriptions, Bridge Skill Gap, Connect with Contacts and Followup. Let us go through the 8-steps.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Echelons and nodes are very helpful concepts to visualize an end-to-end supply chain. Let us take an automotive supply chain. It contains four levels of suppliers Tier-4, Tier-3, Tier-2 and Tier-1. The Tier-4 supplier supplies to Tier-3 and Tier-3 supplies to Tier-2 and so on until Tier-1. The Tier-1 supplier supplies to the OEM that is the car manufacturing plant. Once the cars are manufactured they are sent to Regional Distributors from where it is sent to the Dealers who manages the showrooms. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Backflush accounting is a manufacturing accounting system where the costing of a product and the inventory consumed are calculated at the point of completion of the manufacturing process. Let us take a scenario at an automobile kitting plant. This kitting plant prepares the kit for the mirrors. At the assembly line each car requires one kit that is composed of the necessary components for the left, right and rear view mirrors. So each kit should contain 3 mirrors, 6 bolts, 6 washers, 6 spring washers and a zip lock pouch, this is also known as the bill of materials of the kit or BOM. The workers at the kitting plant draw these components from the stores and pack them in the zip lock pouch and make the kit. The inventory is deducted based on the BOM once the kit is completed. In a traditional setup, the inventory is deducted when the components are issued, but here the inventory is deducted at the point of completion based on the BOM. This reduces the quantum of transactions and the effort required in accounting. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Supply Chain Now Radio, Episode 89 “APICS Savannah Growth Update” Savannah Business Leadership Series on SCNR Broadcast live from Savannah Technical College Episode 89 features Geoff LeRoy. Geoff LeRoy serves as President of APICS Savannah and has been specializing in supply chain management for the manufacturing, service and distribution industries for more than thirty (30) years. He has worked in areas of international procurement, global logistics, production planning, inventory management, engineering, distribution and customer service. He has incorporated Continuous Improvement and Lean practices in his professional positions since early in his career. Currently, he is developing and implementing Sales & Operations Planning for a large global chemical manufacture called Johnson Matthey and is an active instructor and educator in the fields of lean, supply chain management, materials management including procurement and in production and inventory control. Geoff LeRoy holds a Bachelors degree in Engineering with a concentration in Metallurgy from Lafayette College, and a Masters in Business Administration degree in Operations Management and Technology from Bryant University. He holds certifications from the Association for Supply Chain & Operations Management (APICS) in the areas of Production and Inventory Control (CPIM), Supply Chain Management (CSCP) and Logistics, Transportation and Distribution (CLTD). Geoff has been consulting, educating and training organizations in conjunction with various APICS Chapters for more than twenty (20) years and received several Instructor of the Year awards (most recently in 2018). For the last twelve (12) years, Geoffrey has served on several Chapter Board of Directors as President and Vice President of Education. He currently certified by APICS as an instructor in the areas of CPIM, CSCP, CLTD and Lean Enterprise. Geoff has mentored countless students and professionals while assisting them in achieving their personal and professional goals. Connect with Geoff LeRoy on LinkedIn or contact him via email. Additionally, you can follow APICS Savannah on Twitter and learn more about the organization here: https://www.apicssavannah.org/ This episode was hosted by Bill Stankiewicz and Scott Luton.
SKU (pronounced as skew) is the abbreviation of the term Stock Keeping Unit. SKU helps us to uniquely identify a product. Each organisation have their own SKU nomenclature policy, which refers to the methodology of numbering SKUs, governance and control. A given SKU number provides the same understanding to all the stakeholders not only inside your organisation, but also to your suppliers, customers and other stakeholders. When a product has a different form or fit or function from another product it will gain a different SKU number. Here one need to follow the concept of materiality, meaning whether the differences are significant or not. A good SKU Nomenclature Policy is the foundation of an effective and efficient inventory management.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
For any manufacturing organisation, we can divide the supply chain into two parts. One is the upstream supply chain and the other is downstream supply chain. In this podcast, I am going to discuss the need for multiple supply chains for the downstream. The downstream supply chain originates at the factory and ends with the delivery of the product to the end consumer. We are concerned only with the forward product flow, so I am not considering the reverse product flow or the reverse logistics part. This sets the scope for our discussion related to multiple supply chains.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
This podcast is all about CPIM. CPIM stands for Certified in Production and Inventory Management. Since 1973, CPIM is recognized as the standard of professional competence in production and inventory management. Companies across the globe rely on Certified in Production and Inventory Management designees to maximize return-on-investment, and increase customer satisfaction. No matter where you are in your career, earning the APICS CPIM certification will demonstrate your mastery of knowledge and skills in production and inventory management. CPIM adds great value and prospects to your career as Supply Chain Manager, Buyer, Planner, Materials Manager, Production Planner, Consultant, Production Manager, Inventory Manager, Operations Manager etc. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
APICS offers CPIM, CSCP and CLTD certifications, considered as the gold standards across the globe by the supply chain community. The three certifications in its expanded form reads asCertified in Production and Inventory Management (CPIM)Certified Supply Chain Professional (CSCP) andCertified in Logistics, Transportation and Distribution (CLTD).In this podcast, we are going to discuss about the eligibility requirements for all the three certifications. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
IISCM has been supporting organisations across the world in developing, implementing and auditing the Supply Chain Standard Operating Procedures (SOPs) in about 25 domains. In this podcast, I would like to present why these companies are focusing on SOPs to improve their supply chains?The primary purpose is to standardise, document and communicate the 6Qs or 6 Questions of all the activities or tasks involved in a process. The 6Qs are what, why and how of doing an activity and by whom, when and where.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
In this podcast, we will explore the Cycle Counting Best Practices. Cycle counting is the better alternative to periodic inventory counting. In cycle counting few SKUs are counted everyday by the Cycle Counters, who are trained in cycle counting. The accuracy of the logical inventory is much better compared to periodic inventory auditing as the inventory is counted continuously and more frequently based on the ABC Classification Criteria. Here I would like to recommend few best practices in cycle counting.To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hello IISCM audience! I have an exciting news for you. IISCM has launched a program titled “Leaders Talk” to help dissemination of supply chain knowledge and expertise within the the community. You can share your professional experience, industry insights, career guidance, trends, standards, challenges, lessons learned and understanding of a concept pertaining to supply chain and allied fields in the form of an article. As you may be aware that IISCM.org is a leading website committed to the excellence in Supply Chain Management in Government, Corporate and Academia. By contributing to Leaders Talk, you help supply chain community to learn from your experience and at the same time you demonstrate your expertise to this large and diverse audience across India. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
In this podcast, we will explore the concept of predictive shipment. Predictive shipment refers to shipping products to your customers even before they have placed the order to you. I would say even the customers have not realised the need for the product or made any purchase decision. This is made possible with the advancement in the business analytics. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Welcome to IISCM.org. I am your host Venkadesh Narayanan. Today, we are going to discuss the What, Why and How of Inventory Auditing. Inventory auditing is the process of reconciliation between the quantities of physical inventory and the quantities of logical inventory. Here physical inventory refers to the inventory we have on-hand, hence also known as on-hand inventory. And logical inventory refers to the inventory we have on the books or in your ERP or in your system. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Welcome to IISCM’s podcast on Enterprise Inventory Policy. I am your host Venkadesh Narayanan. Enterprise Inventory Policy (EIP) defines both the aggregate-level and the item-level inventory management. Each and every organisation that deals with inventory must have EIP and it shall be reviewed on an annual basis. EIP is a policy document that shall be agreed upon mainly between the CFO and COO as well as by leaders of New Product Development, Marketing, Sales, Procurement etc. This provides a framework within which all the above leaders are expected to operate and ensure best customer service with a focus on optimum inventory level. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
In this podcast, I would like to share my experiences on Periodic Inventory Auditing. Not very long ago, in the early 90’s, I was working for a large engineering firm in Chennai. I played multiple hats such as Layout Designer, Coordination with PPC and Inventory Management. Once in a year, that is during the first week of April the whole factory comes to a halt for couple of days. It is not that we didn’t had orders, but it was for inventory counting. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Today, we are going to discuss an interesting topic that is The Birth of Pick-Up Stores. We will analyse why it came in the first place? and what will be its business model?One of the biggest values delivered by the eCommerce companies is the last-mile connectivity. The term last-mile connectivity refers to the movement of products from a fulfilment centre or delivery hub to the end consumer. Last-mile connectivity established by the eCommerce companies introduced a lot of convenience to the customer, but at the same time posed many challenges. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an Authorized Channel Partner (ACP) of APICS, USA [Part of the ASCM Network].
Hello everyone, this is Venkadesh Narayanan speaking to you from IISCM, an unit of Fhyzics Business Consultants Private Limited. Fhyzics is an ICP of APICS, USA offering Supply Chain Consulting, CSCP, CPIM and CLTD Certifications and Executive Development Programs. Through these podcasts, we will bring you the supply chain concepts, best practices, industry insights, trends, opportunities and certifications. Stay tuned, we will bring you the best in supply chain. Thank you for listening. For more details related to Supply Chain Consulting, Certifications (CSCP, CPIM and CLTD) and Executive Development Programs, please visit www.IISCM.org. Fhyzics is an ICP of ASCM [Formerly known as APICS, USA].
SCNR interviews a leader within the APICS & ASCM communities: Mr. Manohar Menon. Recorded live at the APICS Top 50 Chapters Symposium in January 2019. Manohar “Mano” Menon serves as President of the APICS Winnipeg Chapter and is a member of the APICS PDC Chapter Development Subcommittee. He has also served as an APICS instructor for 13 years. Professionally, Mano serves as Director of Engineering for Bausch Health Companies. He holds a variety of APICS credentials, including his CPIM, CSCP and CLTD certifications. To learn more about the APICS Winnipeg Chapter, visit their website: https://apics.mb.ca/