AbcSupplyChain
AbcSupplyChain
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Value Chain Analysis Explained: Definition, Evolution, Examples, Models
Download my free 56-slide presentation on value chain analysis 🙌
👉 abcsupplychain.com/download-value-chain/
What is your value chain?
How will you bring more value to your company and your customers? 🚀💰😁
Our value chains have come a long way since Michael Porter's introduction in 1948.
It's no longer just about producing the cheapest manufactured goods.
Chapters :
00:00 - Introduction
00:00 - Porter's value chain
02:11 - Value chain definition
04:32 - Value chain optimization
05:48 - History of the value chain
08:37 - The role of the Supply Chain in the value chain
09:54 - Measuring the value of the Supply Chain
12:50 - Our KPI tutorials and training courses
13:20 - The future of the value chain
16:47 - How to contribute to this value chain?
17:12 - Our strategic skills assessments
OUR FREE ASSESSMENTS: 🎯
- 💪🏻 Supply Chain Skills Assessment: assessment.abcsupplychain.com/supply-chain-assessment
- 🚀 Supply Chain Performance Assessment: assessment.abcsupplychain.com/performance-assessment
- 💰 Supply Chain Salary Calculator : abcsupplychain.com/supply-chain-salary-calculator/
OUR FREE 5 MINI COURSES: 👨‍🏫
- 🎁 abcsupplychain.com/free-supply-chain-management-courses/
OUR CERTIFIED TRAININGS :
- 📦 Inventory Management : abcsupplychain.com/inventory-management-course/
- 📈 Forecasting : abcsupplychain.com/demand-forecasting-course/
- 🛠️ Excel Expertise : abcsupplychain.com/excel-course/
- 📊 Data Analytics : abcsupplychain.com/supply-chain-analytics-course/
FIND US HERE:
🌍 Our Website / Blog - abcsupplychain.com/
✉️ E-Mail : contact@abcsupplychain.com
👨‍💻 Linkedin - www.linkedin.com/in/edouardthieuleux/
มุมมอง: 1 940

วีดีโอ

The Supply Chain Problem of Louis Vuitton
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@louisvuitton BIG inventory problem 📦 and here is what we can learn ➗ Over the past 2 years, LV's revenue hasn’t kept pace with inventory growth-a major issue in the luxury world. LV's issue isn’t just supply chain-it's a Product Range Strategy problem. They’ve shifted from iconic handbags to fast fashion (think surf shorts and flip-flops), targeting a broader market, but unlike Zara, they can’...
The 10 Best Supply Chain & Logistics KPIS in Excel (Key Performance Indicator)
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What are the 10 most important KPIs for your supply chain & logistics? Download the Excel with the 10 Supply Chain KPIS: abcsupplychain.com/excel-10-best-kpis/ 00:00 - Introduction KPIs 00:35 - 3 Pillars of supply chain KPIs 01:28 - Availability Rate 02:53 - Fill Rate / (Delivery In Full) 04:24 - Inventory Turnover (Stock Turn) 06:20 - SLOB: Slow Moving & Obsolete (Excess Inventory) 08:03 - Inv...
How to become a Supply Chain Manager, Expert & Leader : Complete Strategy in 7 Pillars
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🎯 Free Supply Chain Skills Assessment (less than 10min): assessment.abcsupplychain.com/supply-chain-assessment 🛠️ Our Certified AbcSupplyChain Training: abcsupplychain.com/courses-supply-chain-logistics/ Chapters: 00:55 Intro 07:58 1st Pillar: Know what you want and why 18:02 2nd Pillar: Diplomas & Certifications 28:10 3rd Pillar: Experience 37:43 4th Pillar: Hard Skills 45:10 5th Pillar: Soft ...
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We are co-hosting this MasterClass with my good Friend Mario Vitofrancesco, the world Forecasting & Machine Learning Expert from Amazon. Summary tab: 1. How we became Forecasting Experts 👨‍🏫 04:30 2. How to deal with demand uncertainty 🎢 09:25 3. Who owns the forecasting process 👨‍👩‍👦‍👦 24:25 4. How to forecast sales with inaccurate data 🤹 30:58 5. How to choose the best forecasting model 📊 36:...
Supply Chain Salary & Jobs 2024 Guide: Demand Planning, Logistics, Procurement, Consulting
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Use our free Salary & Career Path simulator here : abcsupplychain.com/supply-chain-salary-simulator/ How much are you worth? Are you paid enough?💰 I remember being confused about which job to choose next to fast-track my career🚀 After 12 months of research & data crunching, we created THE guide I wish I had as an employee, manager, director, consultant, and recruiter. We just published our ulti...
Presentation AbcSupplyChain
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Discover our SCM Expert Methods & Download our free EXCEL : abcsupplychain.com/ #supplychain #logistics
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How to forecast the Demand for New Products accurately like Apple or Zara? 👗🎯📱 Doing it wrong can have a painful impact on sales, overstock & stress 😮‍💨 First of all, there are 3 different types of new products: 1)Similar stable product with variation: new red bike last year vs blue bike this year 2)Fast Fashion product: Zara's new collection every 4 weeks 3)Innovative product, disruptive for t...
Seasonality in Time Series: Integrate it into Demand Forecasting (Full Excel Tutorial)
มุมมอง 13Kปีที่แล้ว
Download the seasonal time series and forecasts here: abcsupplychain.com/download-seasonality-forecast/ Join my Demand Forecasting WORKSHOP (free): abcsupplychain.com/demand-forecasting-webinar/? How do you deal with monthly, quarterly, or yearly cycles in your business? 🔄 🤷‍♂️ Integrating them into your forecasts is essential to allocate the right resources (time, money, people) at the right t...
How to Use Chat GPT for Sales Forecasting in Excel: Full Tutorial
มุมมอง 15Kปีที่แล้ว
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Forecast Accuracy Formula: 4 Easy Calculations in Excel
มุมมอง 28Kปีที่แล้ว
Download the Forecast Accuracy Calculation in Excel here: abcsupplychain.com/forecast-accuracy-formula-excel/ Join my Demand Forecasting WORKSHOP (free): abcsupplychain.com/demand-forecasting-webinar/? How to Track & Improve Forecast Accuracy? 🎯 In my new TH-cam Video, I released a step-by-step tutorial with 4 straightforward forecast accuracy formulas in Excel. No matter if you forecast sales,...
Inventory Target 📦🎯: Step-By-Step Forecasting Tutorial with examples (inventory budget)
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How to define your perfect inventory target to ensure the right service level & cashflow for your company. Forecast Tutorial & real business examples. ► Free SCM WORKSHOP: abcsupplychain.com/free-supply-chain-course/ -Why I have never reached the perfect level of inventory -Why inventory turnover makes more sense than inventory value -Forecast Top Down vs Forecast Bottom up -How to calculate th...
Inventory Costs: 12 parameters to consider with examples (inventory valuation methods)
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Join my Inventory Management WORKSHOP (free): abcsupplychain.com/inventory-management-workshop/ How much does your inventory really cost? 🤷‍♂️💰📦 3% a year? 10%? 15%? Inventory costs are not only the costs of money & storage ❌ And by underestimating these costs, we tend to focus too much on our customer service levels: "Customer First !" A few months after, we pay the real price of having undere...
Inventory Control: How to Track Inventory Accuracy? (Stocktake, Excel Calculation Tutorial)
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Download the Inventory Control Accuracy KPi Calculation in Excel here: abcsupplychain.com/download-inventory-accuracy/ Join my Inventory Management WORKSHOP (free): abcsupplychain.com/inventory-management-workshop/ How bad is your inventory accuracy? 📦🎯📦 On average, 35% of our inventory is inaccurate. And most of the time, we have less than expected 😢 Here are the 8 reasons why stock discrepanc...
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ความคิดเห็น

  • @stefaniyaminkin1569
    @stefaniyaminkin1569 3 วันที่ผ่านมา

    Perfectly explained! Thank you 🏆

    • @abcsc
      @abcsc 2 วันที่ผ่านมา

      You're welcome!

  • @2d40
    @2d40 6 วันที่ผ่านมา

    One of the best videos I have had the opportunity to hear. The content was clear and concise while still bringing in calculation elements. I worked for a very large corporation and have sat through "heavy" presentations only to see 50% of the audience dazed and confused. Well done!

    • @abcsc
      @abcsc 2 วันที่ผ่านมา

      Thank you so much ! We're thrilled you found the video clear and engaging 😊

  • @ismailnassar4103
    @ismailnassar4103 8 วันที่ผ่านมา

    Thanks Edouard for your excellent explanation. But for the error calcuation, should it be ( Acual - Forecasted value ??) As you made it Forecasted demand- Actual demand, specailly when it goes to MAPE later it will be affected.

  • @trankien7166
    @trankien7166 8 วันที่ผ่านมา

    Hello, let me introduce myself. I am a student working on a project with the topic 'Blockchain Application in Supply Chain.' Could you help me with some suggestions on what this website should include? Thank you!

    • @abcsc
      @abcsc 6 วันที่ผ่านมา

      Hi, you can check on our blog if you find more information to help you structure your website : abcsupplychain.com/blog/ Good luck with your project !

  • @FrancisSombilla
    @FrancisSombilla 10 วันที่ผ่านมา

    what do you mean by base 100?

  • @Hadimusthafa9898
    @Hadimusthafa9898 13 วันที่ผ่านมา

    thank you

  • @ABDIRIZAKMU
    @ABDIRIZAKMU 16 วันที่ผ่านมา

    thank you for sharing this productive video

  • @susannedved3097
    @susannedved3097 21 วันที่ผ่านมา

    How soon will you be dropping the video addressing seasonality (ie. holiday peaks for Black Friday / Cyber Month as well as other impactors like US retail sales periods for Labor Day, Memorials Day, etc.)? Thank you!

    • @abcsc
      @abcsc 20 วันที่ผ่านมา

      Hi Susan, we regularly upload new videos to address key topics. In the meantime, feel free to check out this video on seasonality, which should already answer some of your needs: th-cam.com/video/A12r_T1gQow/w-d-xo.html

  • @MohammadEnamulKabir-k5p
    @MohammadEnamulKabir-k5p 23 วันที่ผ่านมา

    Great video, being a practitioner in Supply chain - I find your video super value adding. Thank you

  • @marycart9043
    @marycart9043 23 วันที่ผ่านมา

    Hello, first i thank you for such valuable content for audience. Quick question plz, What is Consolidated cost vs PII ( Profit in inventory) cost.? i am new to the process. We are booking monthly provisions for obsolete goods for Intercompany materials. Journl entry is i,.e. Cr. Balance sheet 1000USD and Dr. P&L consolidated Cost 300USD & PII cost 700USD. May be if you can assist in this part too in detail.?

    • @abcsc
      @abcsc 20 วันที่ผ่านมา

      Thank you for your question! -Consolidated Cost: Total cost after removing intercompany profits for accurate group reporting. -PII (Profit in Inventory) Cost: Unrealized profit from intercompany inventory, adjusted to avoid inflating profits until sold externally. Your journal entry: -Cr. Balance Sheet (1000 USD): Reduces inventory value (e.g., obsolescence). -Dr. P&L Consolidated Cost (300 USD): Group adjustment. -Dr. P&L PII Cost (700 USD): Unrealized profit adjustment. This ensures accurate reporting. Please understand I can’t go into more detail as this isn’t free private coaching. Hope it helps! 😊

  • @donfrancis1246
    @donfrancis1246 23 วันที่ผ่านมา

    But some people define it as the inverse of the formula you explained i.e. COGS/Avg. Inventory. Anyways, I find your 'stock turn in days' very useful. Thank you.

    • @abcsc
      @abcsc 20 วันที่ผ่านมา

      Thank you for your comment, as I explain in the video, you can define it either as the number of cycles or in days-it’s just two sides of the same coin. Cycles are simply the inverse of days, and vice versa. What you choose to call it doesn’t really matter as long as you understand the concept. 😊

  • @yuanjianmin8204
    @yuanjianmin8204 26 วันที่ผ่านมา

    How can I get dashboard?😊

    • @abcsc
      @abcsc 23 วันที่ผ่านมา

      Hi ! The dashboards are included in our course SCM analytics here :) >> abcsupplychain.com/supply-chain-analytics-course/

  • @tellefsolberg5698
    @tellefsolberg5698 หลายเดือนก่อน

    Fricking amazing stuff! Keep going :D

    • @abcsc
      @abcsc หลายเดือนก่อน

      Thanks, will do!

  • @tellefsolberg5698
    @tellefsolberg5698 หลายเดือนก่อน

    This is sooo clean. Triggers 1000 thoughts in my head seeing this!

    • @abcsc
      @abcsc หลายเดือนก่อน

      😁 That's the point

  • @holycow810
    @holycow810 หลายเดือนก่อน

    THIS GUY JUST RECOMENDED HIS PREVIOUS VIDEOS

    • @abcsc
      @abcsc หลายเดือนก่อน

      Yes I did, the other video is very complimentary :)

  • @juancarlosvelazquez6434
    @juancarlosvelazquez6434 หลายเดือนก่อน

    Very useful!

    • @abcsc
      @abcsc หลายเดือนก่อน

      Glad it helps 😁

  • @rahulpramanik
    @rahulpramanik หลายเดือนก่อน

    Hi Eduardo, this formula also doesn't factor in credit line from suppliers. If I have a supplier who gives 30 days of credit how do I factor this in? Another thing to bear in mind is that in food products there is a shelf life which needs to be factored in for storage. How do I go about incorporating these two things?

    • @abcsc
      @abcsc หลายเดือนก่อน

      Great question! Here's how to adjust: 1.Credit Line: If you get 30 days of credit, it reduces your holding cost. For example, if holding cost is $2/unit/year: Adjusted Holding Cost = $2 × (1 - 30/365) = $1.84/unit/year. 2.Shelf Life: Make sure EOQ doesn’t exceed what you can sell before expiration: Max Order Qty = (Demand per year × Shelf Life in days) / 365.

  • @AnhTuanVo-r1z
    @AnhTuanVo-r1z หลายเดือนก่อน

    i dont receive file via email - please help me

    • @abcsc
      @abcsc หลายเดือนก่อน

      Hi! Sorry we had an issue and it was not working last week. You can reopen the links in the emails it should work now :)

  • @TheGukBain
    @TheGukBain หลายเดือนก่อน

    Dear Edouard, I have inrolled in your mini cource and I Got a link to the first 2 vids. The next to mails with videos just sent me to the cource main site where I cannot view the videos but only inrole in the full cource. It seems that im stuck in a loop but there is not access to the free mini cource. Please help!!

    • @abcsc
      @abcsc หลายเดือนก่อน

      Hi! Sorry we had an issue and it was not working last week. Reopen the links in the emails it should work now

  • @thuydungngo8093
    @thuydungngo8093 หลายเดือนก่อน

    Very informative. Thank you so much!

    • @abcsc
      @abcsc หลายเดือนก่อน

      You're welcome !

  • @youssoufbechir
    @youssoufbechir หลายเดือนก่อน

    Hello Édouard, I am currently pursuing a Master’s degree in supply chain in France, where I am doing a work-study program with a major retail group. My goal is to work abroad after my Master’s to gain valuable experience. However, I do not wish to stay abroad permanently. I plan to return to my country, Chad. Chad is a landlocked and underdeveloped country, and I am thinking about ways to contribute to its development and become a leader there. In my free time, I research key opportunities and sectors. I would like you to guide me on the essential skills to develop and the concrete activities I can undertake in Chad to align with this vision. Thank you for your support.

    • @abcsc
      @abcsc หลายเดือนก่อน

      Hello Youssouf, your journey and ambitions are truly inspiring. You’re on the right path; keep going! 🌟

    • @youssoufbechir
      @youssoufbechir หลายเดือนก่อน

      @abcsc Thanks 😊

  • @narasimhamurthys3076
    @narasimhamurthys3076 หลายเดือนก่อน

    this video is so under rated this helps a lot lot if they are really want to get into supply chain management i hope this video reaches everyone

    • @abcsc
      @abcsc หลายเดือนก่อน

      Thank you so much for your kind words! 🙌 Glad you found it helpful-let’s hope it reaches more people passionate about supply chain management! 😊

  • @vigneshviky799
    @vigneshviky799 หลายเดือนก่อน

    I'm currently working as a Logistics Coordinator with previous experience as an Inventory Executive. Although I earn approximately $2,890 USD, my drive comes from a passion for the logistics field. I'm looking to apply globally, especially in Australia. Is the CISP certificate enough for a managerial role? Also, how can I stand out in interviews without significant industry contacts? Any advice would be greatly appreciated!

    • @abcsc
      @abcsc หลายเดือนก่อน

      Hello! Great to hear about your passion for logistics. Your certificate is a solid asset, and highlighting your experience and commitment to learning can really help in interviews. Advanced training, like our online supply chain courses, could also boost your profile for managerial roles. Best of luck, and feel free to reach out in case of training project 🙂

  • @pimpof19
    @pimpof19 2 หลายเดือนก่อน

    Salut Edouard, je vous lais vous remercier pour cette video et pour les info qu'elle contient, bcp de clarification et je me sens chanceux d'avoir tombé sur votre chaine, bonne continuation

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Avec plaisir, on va bientôt sortir plein d'autres vidéos :)

    • @pimpof19
      @pimpof19 2 หลายเดือนก่อน

      @@abcsc De mon coté, j'ai activé les notifications pour rien raté, je suis un responsable des importations et je cherche a me lancer plus dans le supply chain et vos videos m'on clarifier bcp de choses, merci encore

  • @carlosfilipe982
    @carlosfilipe982 2 หลายเดือนก่อน

    Hello, It would be interesting to have a series of videos explaining what you need to study or know to move from one position to the other. Great job; keep up the good work.

    • @AbcSupplyChainFR
      @AbcSupplyChainFR 2 หลายเดือนก่อน

      Thank you Carlos we take note of your suggestion 🙂

    • @abcsc
      @abcsc หลายเดือนก่อน

      Hi Carlos, thank you for telling us, we take good note of your suggestion :)

  • @haggaigwishiri686
    @haggaigwishiri686 2 หลายเดือนก่อน

    Good explanation I'm doing my dissertation on Blockchain and digital ledger technologies for real time inventory tracking in Zimbabwe

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Best of luck !

  • @aajchuti5946
    @aajchuti5946 2 หลายเดือนก่อน

    Can I use these formula for Raw Materials?

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Hi, yes you can. But you should then estimate the demand for those raw materials, using the finish products demand and BOM for example. And also know your raw material lead time

  • @trial245
    @trial245 2 หลายเดือนก่อน

    Thank you so much for your vide. I have 4 questions: 1. Reorder point is always greater than safety stock, so we just need to care about reorder point because it can assure safety stock as well, dont we? 2. How can we have these formular for each method, can you provide more how to build these formula? 3. Average sale is actually average demand right? 4. Do we need to check our data is normal distribution before apply this?

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Hi, you're welcome! 1. No, the reorder point is calculated using the safety stock 2. Download the Excel file below the video 3. We use past sales data as our forecasted demand data 4. No, I recommend trying safety stock with normal distribution before trying other statistical models and adding complexity. Except if you have intermittent demand, then safety stock might not be the right method.

  • @JoelleKonze
    @JoelleKonze 2 หลายเดือนก่อน

    Can we use quantity of items on hand instead of using cost?

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Hi, yes. As I say in the video, you can use on hand quantities only if you use sales quantities as well in the calculation.

  • @raharjo135
    @raharjo135 2 หลายเดือนก่อน

    great..👍

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      I'm glad you enjoyed it!

  • @SnehaPatil-pz3do
    @SnehaPatil-pz3do 2 หลายเดือนก่อน

    Hi @AbcSupplyChain, have you used Demand and sales interchangeably ?

  • @just_j9621
    @just_j9621 2 หลายเดือนก่อน

    Competitive advantage in 1948 you mean 1984 😅😅😅

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Indeed, a typo mistake, the available file has been corrected no worries :) thank you for noticing !

  • @sylvesteraighobahi701
    @sylvesteraighobahi701 2 หลายเดือนก่อน

    great stuff , always like the simplicity you use

    • @abcsc
      @abcsc 2 หลายเดือนก่อน

      Thanks for the feedback Sylvester 😊 I hope you're doing well

  • @j.b.1342
    @j.b.1342 2 หลายเดือนก่อน

    Thanks for the insights! Always great to hop on YT and see a new video from ABCSupplyChain!

  • @abcsc
    @abcsc 2 หลายเดือนก่อน

    Download my free 56-slide presentation on value chain analysis 🙌 👉 abcsupplychain.com/download-value-chain/

  • @AndreziaRose
    @AndreziaRose 3 หลายเดือนก่อน

    😂 I see now that I’m not the only one who speaks softly and nicely to ChatGPT ensuring my place in the future just in case of some Terminator type judgment day. Thanks so much for this tutorial.

    • @abcsc
      @abcsc 3 หลายเดือนก่อน

      😂 See you on the other side of judgement day Andrezia ! 🤖

  • @pyleong4050
    @pyleong4050 3 หลายเดือนก่อน

    Amazing, what a great sharing! Really appreciated. Looking forward more video

    • @abcsc
      @abcsc หลายเดือนก่อน

      Thank you so much! We’re thrilled you enjoyed it. Of course, stay tuned !😁

  • @aliatarod-j8k
    @aliatarod-j8k 3 หลายเดือนก่อน

    Thanks a lot sir It was helpful for me

    • @abcsc
      @abcsc หลายเดือนก่อน

      You’re very welcome! Glad to hear it was helpful for you.

  • @angelcrmmlozanoiturria3975
    @angelcrmmlozanoiturria3975 3 หลายเดือนก่อน

    Excelent content!

    • @abcsc
      @abcsc หลายเดือนก่อน

      Thank you, happy to know you enjoyed the content !

  • @RobbinsMerlin
    @RobbinsMerlin 3 หลายเดือนก่อน

    76861 Bernadine Junction

  • @menadzukic
    @menadzukic 3 หลายเดือนก่อน

    Thank you for sharing your massive supply chain knowledge Edouard

    • @abcsc
      @abcsc หลายเดือนก่อน

      You're welcome 🙂

  • @danielaricaurte8989
    @danielaricaurte8989 3 หลายเดือนก่อน

    Magnifique !! Thanks for doing content like that!!

    • @abcsc
      @abcsc 3 หลายเดือนก่อน

      Glad you liked it! I'm going to try to release this format more frequently 😊

  • @YAlife721
    @YAlife721 3 หลายเดือนก่อน

    Nice Info ..

  • @pokebaula1
    @pokebaula1 3 หลายเดือนก่อน

    can we have the tutorials for seasonality as well,please

    • @abcsc
      @abcsc 3 หลายเดือนก่อน

      Thanks for the content idea 👍🏼

  • @JessicaChan-m5s
    @JessicaChan-m5s 4 หลายเดือนก่อน

    Hello :) Thanks for this video, it's really helpful. May I check at the 12:00 of the video, is the objective of the 2023 forecast to spread out $70m of revenue by month? If so, should we use Base Rate of the respective month *$70m / 12 mths instead? In that way, the sum of the 12 mths spread = $70m. Thank you for your advice. :)

  • @mohammadabid4945
    @mohammadabid4945 4 หลายเดือนก่อน

    Wonderful video, very informative. Thank you so much.

  • @baothai8528
    @baothai8528 4 หลายเดือนก่อน

    How to calculate Average stock COGS for each product, sir?

    • @abcsc
      @abcsc 3 หลายเดือนก่อน

      Suppose you have the following data for a product over a month: Opening Stock: $10,000 Closing Stock: $8,000 Purchases during the period: $12,000 Average Stock=210,000+8,000=9,000 COGS=10,000+12,000−8,000=14,000 Inventory Turnover Ratio=9,00014,000≈1.56 This means the inventory turned over about 1.56 times during the period.

  • @JasonWalker-l6g
    @JasonWalker-l6g 4 หลายเดือนก่อน

    Ondricka Pine

  • @ericdanielmanik
    @ericdanielmanik 4 หลายเดือนก่อน

    Very comprehensive guide with good visuals and explanations. As an aspiring supply chain professional striving to do well, the video gave me clear directions on the many exciting paths in the supply chain industry! Thank you :)

    • @AbcSupplyChainFR
      @AbcSupplyChainFR 4 หลายเดือนก่อน

      I'm glad Eric, best of luck on your supply chain adventures 🚀

  • @mohammadabid4945
    @mohammadabid4945 4 หลายเดือนก่อน

    Thank you so much Eduard for your great work and sharing with us.