New Year   2021  Happy New year 2021..   So Finally we Survived this Pandemic year 2020. We have now Step In 2021 ..  APICS EDU CLUB  wish every one-  A VERY HAPPY , Prosperous & Healthy New Year 2021...          

                                                      LEAN PRINCIPLE & FORM OF WASTE  - We Will Discuss below Topics Today     - Lean Principle & Objective   -   Eight Form of waste  -   Muda , Mura ,Muri  - My Favorite ( JIT) - Just In Time  - Takt time  Before starting today Discussion -  All above mentioned topics will Lead you towards one Concept & That is " Improvement of Business process & Intent to decrease Process variation & Improve Customer Satisfaction" Above topics are Tools which will lead toward above mentioned resultant.  Lean - A philosophy of production that emphasizes the minimization of the amount of all resources (Yes, Including the Time) Used in various activities  of the enterprises. it involves identifying and elimination non value added activities in design, production, Supply chain management and dealing with customers.  It Contains a Set of Principles and practices to reduce cost and removal of waste and simplify all Process ( Man

                                                     Supplier Selection Theory!!!  Let 's Discuss today - How to Select a Supplier !!  Supplier Selection is really Critical Task . Some Supplier might be Best fit & Some might have some have hidden deficiencies. Another supplier might be more expensive with few addon valve and other might be cheaper without that.  The Supplier Selection begins as soon as there is an identified need for something what organization choose not to make itself or cannot make Itself.                                      How we generally Find a potential supplier -  Sources of suppliers search are Online Exchange and auction, today Google is best to search anything. Trade magazines , Trade shows , Direct marketing , word of mouth from salesperson. We can also review our current supplier . I found Google & Trade shows are Important Tool these days..                                   Now you have a List of 10 Potential supplier!!!!! Let 's Evalua

                        My First Video on you tube - As Intro video ... It will now continue .... 

      Demand Forecasting --  Lets Begin with Basic Definition.. So as name suggest it is  process of estimating customer demand in advance for a defined period of time.. Actually it provide an approx. Figure that how much Inventory a should keep in stock to fulfil customer orders.   Ok Let "s think How to do Forecasting !!!    Ouch !!! Do not think that much Below are some Common Method of Forecasting..  There are many types of forecasting methods in common use. The selection of the method to use depends on the industry of a firm and the length of time that is being forecasted.  The simplest forecasting technique is the Naive method.- It simply states that demand this next period will be what demand was the last period.  This is not a useful method for most industries. It is however effective in some industries, such as the fast food industry. In that industry the store manager predicts sales for the next Monday based on the sales of the prior Monday and orders an appropriate amou

                                                 Logistics Interview Question- Interviewer Insights  Ok... There is a Lot of Blog written on this.. So why, I am writing this.. I checked a Lot of blog but i found that  more trending Blogs Lack realistic approach.. It might be because of different geographical location. But Still there are some common Discussion Point..  How I (Myself) approach an Interview -  I just treat Interview as Discussion between Two needy. One is organization & another is Myself..  An Advice to Fresher Candidate : -  If you are not Selected in first or second or your 100 Interview also. It does not mean that you are not deserving. It simply mean two things.. Either Organization didn't find what they are  Looking particularly for those responsibilities. &  You need to Prepare well for next one because till 10 th Interview you have collected a lot of data and from 11 th you will start getting Offers..  Coming Back to Today Title : I am bulleting these

                                                            Type of Supply Chain  Above Picture Might have cleared that what we are going to discuss today !!!!  Companies have generally pursued one of two types of supply chain management, called vertical integration and lateral (or horizontal) integration.  Vertical integration Vertical integration, or vertical supply chain management, refers to the practice of bringing the supply chain inside one organization.  An example is a paper company that owns its land and trees, replanting for future harvests, owns the related equipment it uses, and manages all of its product processing, palletizing, and shipping. (The company purchases only its chemicals from an outside source.) By bringing many supply chain activities in-house and putting them under corporate management,  vertical integration solves the problem of who will design, plan, execute, monitor, and control supply chain activities. A vertically integrated enterprise may grow from an

                                                   Trend Watch 2021: Global Logistics & Covid Impact The transportation and logistics industry faced plenty of changes this past year due to new customs/border regulations as well as a pandemic. Following are some observations for 2021 that will be critical to manufacturers, shippers and customers moving into the new year. Mexico is now the United States’ #1 trade partner,  according to the   US Census Bureau’s 2019 report . The China-US trade war, as well as the COVID-19 pandemic, are driving more US companies to establish new supply chains and we anticipate explosive growth as Mexico becomes the new China. Digitization, software, and giving shippers and carriers efficient tech tools will be critical  as technology continues to disrupt the transportation and logistics industry. COVID-19 has forced the traditional and analog logistics industry to adopt technology as its primary way of doing business. Everyone is working from home, swi

                                                        APICS CERTIFICATION    List of  HOW & WHAT QUERY For APICS Certification  How :    1- How to Get Apics Certification  2- How Much is Cost for Apics Certification 3-How to Pass Apics Exam  4- How Hard to Pass APICS Exam  5-How to Maintain Apics Certification  What :  1- What is Apics Certification  2-What Apics Stands For  3- What is Apics CSCP Certification 4- What Certification to Choose CSCP / CLTD /CPIM  5- What is eligibility to appear for Exam  Ok - So now I can Provide you Answer of each query. I am myself member of ASCM /APICS..  Subscribe my blog.. Send me your Query in Email.. Get a Soft Copy of  ......  A BOOK written by  Lawrence D. Fredendall

 Strategy and Metrics  "No matter what strategy is being tracked and measured, meaningful metrics are essential because “you get what you measure " Perfect Order Measurement The percentage of orders that are error-free. ((total orders – error orders) / total orders) * 100 This is often broken down by stage: Procurement 99.99% perfect Production 99.12% perfect Transportation 99.02% perfect Warehousing 99.98% perfect The Perfect Order Measure calculates the error-free rate of each stage of a Purchase Order (error in order forecasting for procurement, error in warehouse pickup process, error in invoicing and error in shipping orders etc.). Cash to Cash Cycle Time The number of days between paying for materials and getting paid for product. materials payment date – customer order payment date typically averaged for all orders for a week, month, quarter etc.. many materials are usually required — a weighted average materials payment date can be calculated Cash to cash measures the

             MBA in Supply Chain vs. Certified Supply Chain Professional very frequent question from Supply Chain Professionals, that is should I pursue an MBA or CSCP?  Lets Find what both can provide you ..  - MBA Course -  Master of business administration prepares you for managerial position and gives an whole organizational perspective.    Exposure to case method of learning, develops business communication,  Ability to work in teams, negotiation in a conflict situation and  Plethora of subjects such as accounting, finance, economics, marketing, sales, operation .   Even if the MBA is specializing in supply chain there may be one of two electives that will cover supply chain management. Certified Supply Chain Professional (CSCP) enables you  to master the end-to-end supply chain Supply Chains and Supply Chain Strategy Supply Chain Design and Configuration  Supplier Relationship Management Supply Chain Metrics So , Now Question is about Interest and Goal ?????? If  you want to be m