Now APICS is changed to ASCM. So lets call this ASCM..   This is going to be very small Blog.. Because we will just talk about is there any way we spend Less and Get ASCM certification ? (CPIM ,CSCP,CLTD) My Answer would be -   YES !!! .  So Now Talk about HOW!!!  ASCM never made it mandatory for membership fee it is just an optional either you can take or not that has nothing to do with your certification exam , Yes it might give you discount once you purchase other stuff from ASCM. So my suggestion would be to spend on Membership fee.. because you get a lot of things like lot of Supply chain related webinar , Every year two time career fair Entrance and a lot of other study contents also .  Major Expenses of this certification is if you take any Instructor led program and other program and study material.. Here you can save your Money. I will advise to Invest first in EXAM Content Manual if you are not member, if you are member you can downloa...

  Does we want to talk about this ???  Supply chain Security and Data Breaches in supply chain system. This has just Increased to 78% from last 2017..  What I personally feel that this (Supply Chain) could be easy targeted link to reach and Fetch any organisation Data...  When i am talking about Supply chain attack . Supply chain face a broad range of threats . i don't ignore physical threats. But in Last Few year How many physical threats we heard about it might be two or three or might be less. Because Attackers have found new Way. Availability of tech with combination of global coverage of internet have given them a new way to enter into any organisation without permission. As Supply Chain is Global Now -  We are using multiple Software hardware to collect Store and Pass the Information regarding Your Supply , Demand, Inventory, & Shipments. Organisation dependency on technology has evolved new route for those who want to disrupt the Chain system of Suppl...

                                           What is Supply chain 4.0 & How to implement  Supply chain 4.0 --  Ok , These days it has different Terms also - Supply chain 4.0, Smart Supply chain , Next Generation Supply chain.  What is meaning of this Supply chain 4.0 -  An Integration of Supply chain Flow with latest technology like Internet of things,Cyber physical stems, & Advance Data driven technology powered by Artificial Intelligence & and other Emerging technology.  We always know this improving supply chains will ultimately improve sales. B ecause the impact was very difficult to evaluate, companies traditionally approved investments in supply chains based only on the expected reductions in costs and working capital. The  digitalisation  of supply chains, with the breadth of sales and ordering data available, now makes it pos...

                                               Terms of Payment in international logistics One of The Greatest concerns an exporting company has is to make sure that it will be able to collect payment from it s foreign customers. O, yes Legitimate payment.. An international transaction is generally perceived to involve a much greater non -payment of risk than a domestic sales. Terms of Payment : There are Essentially Four methods to handle the issue of payment in foreign transaction but they all involve a different set of Risk with that. Ok So what is Risk.. There are generally two types of Risk in an international business. Country Risk or Political risk - The Probability of not getting paid by a certain creditor because the creditor's country does not have foreign reserve  to pay the debt or because the creditor is not legally allowed to pay the debt. Country ri...

                                         How to pass APICS certification & My Experience In Last couple of days through Social media - I received many queries about many question about APICS.. what I found that many of them are really want to know that  How to start & How to pass Apics Certification. Today we will discuss about how to pass Certification Exam. So the key word is " STUDY ".  Apics really give good sign on your resume but do not join any APICS certification only to show that on your resume or your linked in profile. Because APICS certification is about providing core knowledge on supply chain management and keep you updated on current supply chain practices.& If you started this without understanding what APICS want it will hard for you to pass the Exam..   Let s Start with Study - Any Apics Certification will take at least 6 Month with ...

                                                    International Trade theories & Apics question Ok !!! So this is one of Favorite topic of APICS(ASCM)..  In CSCP & CLTD  they must pull one or two question from this Topic.. Why ???  Because This Topic has some basic key Theories about Product Development & Its Economic and societal Catalyst and How these things has evolved International Trade..  The First Theory i want to start with that is famous one..  - Theory of absolute advantage -  Introduced Nearly 250 Year ago by Adam smith , the theory of absolute advantage. It was one of initial foundation for explaining why countries would want to trade goods with each other, Providing an economic basis for free trade among some countries . Adam smith described it in simplest way --- IF TWO COUNTRIES SAME PRODUC...

                                                    Inbound Logistics - Some Important aspects Hello Readers ,  Today Blogs will be connecting to Yesterday.. In today Blog we will discuss some important aspects to consider in Inbound Logistics.. Or we can say some Key Terms..  Let 's Start this !!  Work & Shipping order -  The Purchase order created by procurement generates a work order which brings logistics into process. Ok So How APICS define Work Order - An authorization to start work on an activity.The work order will help logistics to know about the shipment packing details so Logistics must be loop from starting point (From When Purchase order is created)..  Then  Logistics will generate shipping order to carrier or Forwarder which will have all details like size of shipment , Importer details , Exporter details...