Supply Chaney

Because we should NOT treat all inventory the same... This infographics contains 10 ways of inventory segmentation: ✅ ABC 👉 A = Always B = Better C = Control 🎯Based on: part value 💡 A = 10-20% highest value items; B = 20-30% medium value items; C = 70-80% low value items ✅ XYZ 🎯Based on: variability of demand 💡 X = Predictable; Y = Somewhat Predictable; Z = Not Predictable ✅ VED 👉 V = Vital E = Essential D = Desirable items for production 🎯Based on: usage of inventory; applies to Spares ✅ FNSD 👉 F = Fast-moving; N = Normal-moving S = Slow-moving D=dead stock 🎯Based on: quantity and consumption ✅ SDE 👉 S = Scarce D = Difficult to Procure E = Easy to Procure 🎯Based on: scarcity of supply; applies to Procurement. ✅ HML 👉 H = High value M = Medium value L = Low value of inventory 🎯Based on: product’s unit price ✅ SOS 👉 S = Seasonal OS = Off-Seasonal 🎯Based on: type of supply ✅ GOLF 👉 G = Government O = Ordinary L = Local F = Foreign 🎯Based on: source of supply; lead time 💡G = long lead time; O = moderate lead time; L = low lead time; F = long lead time, paperwork required ✅ VMI 👉 Vendor Managed-Inventory 🎯Based on: who manages the inventory, whether the company or the vendor ✅ Consignment Inventory 🎯Based on: who owns the inventory, whether the company or the vendor Any others to add? Which ones are you using? #supplychain #salesandoperationsplanning #integratedbusinessplanning #procurement

My collection is growing! Here are 10 ad creative examples I collected this week: If you found this valuable please repost! ♻️ 📌 P.S. Sign up for my FREE newsletter where I send you ad creative and anything ecommerce inspo weekly. No BS. Straight to the point: https://lnkd.in/ggTG86gJ

Wow! What a fantastic TOP MANAGEMENT NIGHT! We had an amazing panel of experts Keith Turpin Srividhya Vaidyanathan, and Jay Johnson who left us wanting to know more about the future and present of AI and its impacts on Supply Chain, reliability, security and bias!! Wonderful interaction with this group!! 👏👏 Thank you Jay Johnson for swearing in the new incoming board, Tammy Giesler-Hagans, MS SCM, President Bridget Bowden, Treasurer Sambit Misra , VP Technology Deanna Harner, VP Membership Johanna Peralez, CPIM, VP Events and Programs Mauy Rovai - VP of Student OutReach Roddrick Neal, CPIM, CLTD , Secretary Lena Stoots, CSCP , VP Marketing Not shown - Elizabeth Hair-Estrella, CSCP , VP Education #ascmhouston #supplychain #ai

When you don't have a strategy, everything looks like an opportunity. Credit: sharran on Twitter/X

Capacity Is Rising In Truckload & LTL!? Bring your Transportation Sales & Operations Questions to have them answered LIVE! Or, shoot me a DM and catch them on the replay! The TOP Transportation Morning Show which is LIVE every weekday at 10:30 AM CST to breakdown THREE transportation industry headlines! Mark your calendars & please share this out!

Stop overcomplicating things. "Simple solutions require the most profound knowledge." Rick Tumlinson

Because time is money and we know this too well in supply chain... This infographics contains the top 10 ⏰ time supply chain metrics as follows: ✅ Metric #1 On Time Delivery 👉 Meaning: shows how many orders are delivered on time 🧮 Calculation: (Number of On Time Deliveries/ Total Number of Deliveries) X 100 ✅ Metric #2 Lead Time 👉 Meaning: measures the average time from order placement to order delivery 🧮 Calculation: Delivery Date – Order Date ✅ Metric #3 Cycle Time 👉 Meaning: measures the average time that it takes to complete a product 🧮 Calculation: Net Production Time/ Number of Units Produced ✅ Metric #4 Takt Time 👉 Meaning: measures the rate by which a manufacturer must complete a product to meet customer demand 🧮 Calculation: Potential Production Hours/ Units Required (Customer Demand) ✅ Metric #5 Throughput Time 👉 Meaning: shows the time that it takes a product to move through processes 🧮 Calculation: (Processing time + Move time + Queue time)/ Number of Units Produced ✅ Metric #6 Warehouse Receiving Time 👉 Meaning: measures how efficient the goods receipt process is 🧮 Calculation: (Number of Items Received and Inspected)/ Total Time Taken ✅ Metric #7 Put-Away Time 👉 Meaning: shows how long it takes between an item’s arrival and its storage 🧮 Calculation: Total Time from Receiving to Storage/ Number of Items ✅ Metric #8 Pick Rate 👉 Meaning: measures how efficient the picking process is 🧮 Calculation: Number of Items Picked/ Total Number of Hours in Picking ✅ Metric #9 Machine Uptime 👉 Meaning: measures the time that a machine is available and operational 🧮 Calculation: (Time the Machine is Operational/ Time Observed) X 100 ✅ Metric #10 Unplanned Downtime 👉 Meaning: shows the time that the asset is down due to an unexpected disruption or failure or process 🧮 Calculation: (Time Asset is Down due to Unexpected Event/ Total Time) X 100 What other metrics would you add? #supplychain #salesandoperationsplanning #integratedbusinessplanning #procurement

Gen Z is calling BS on your content 🙅♀️ This new data shows how they buy: Archrival's latest study 👇 🤨 70% of Gen Z only trust brands after doing their OWN research 😠 56% say brands often lie about products & services What this means: You need content from: 1. Creators 2. Customers 3. Influencers → TALKING about your products Try these formats: 1. "Try on" videos 2. Customer reviews 3. "Unbox with me" 4. "GRWM" (get ready with me) Would you rather... See a t-shirt on a white background? VS Styled 3 ways by a real person? Read a Roomba product description: about how it can navigate your living room? VS See a video of it in action. Skirting around a chair. (With a cat on top) /style points Gen Z has entered the chat. And they demand REAL content. Because how they buy is different. Your marketing needs to match that energy. P.S. What generation are you? 👀 -- 👋 P.S. Follow GRIN for more content like this Liked this? ♻️ Repost to share.