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AbcSupplyChain
United States
เข้าร่วมเมื่อ 17 พ.ค. 2021
🎯 The Online School for Supply Chain Experts & Leaders
🚀 Boost your skills & careers in less than 4 weeks 🚀
🌍 +130K professionals use our tools & methods 🌍
👨👩👧👦 Thousands of members part of the AbcSupplyChain family 👨👩👧👦
🎯 Keep it simple with real-life examples and 20/80 approach 🎯
😌 Reinventing more efficient and regenerative supply chains ⚖️
► Your challenges
-How to optimize your Supply Chain ?
-How to improve your inventory management ?
-How to increase your service rate ?
-How to improve your forecast accuracy ?
-What tools & software to use ?
-How to boost your career and get your dream job ?
► For the last 15 years, no matter which countries, size of the company or industry, I got these same questions while I was working as :
-Warehouse worker
-Demand Planner
-Supply Chain & Logistics Project Manager
-Supply Chain Manager
-S&OP Manager
-Supply Chain Director
-Supply Chain Consultant
-Entrepreneur
-TH-camr 🫣
Enjoy 😃
Edouard Thieuleux - Founder of AbcSupplyChain
🚀 Boost your skills & careers in less than 4 weeks 🚀
🌍 +130K professionals use our tools & methods 🌍
👨👩👧👦 Thousands of members part of the AbcSupplyChain family 👨👩👧👦
🎯 Keep it simple with real-life examples and 20/80 approach 🎯
😌 Reinventing more efficient and regenerative supply chains ⚖️
► Your challenges
-How to optimize your Supply Chain ?
-How to improve your inventory management ?
-How to increase your service rate ?
-How to improve your forecast accuracy ?
-What tools & software to use ?
-How to boost your career and get your dream job ?
► For the last 15 years, no matter which countries, size of the company or industry, I got these same questions while I was working as :
-Warehouse worker
-Demand Planner
-Supply Chain & Logistics Project Manager
-Supply Chain Manager
-S&OP Manager
-Supply Chain Director
-Supply Chain Consultant
-Entrepreneur
-TH-camr 🫣
Enjoy 😃
Edouard Thieuleux - Founder of AbcSupplyChain
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/
👉 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: 1 356
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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...
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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 12Kปีที่แล้ว
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
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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?
i dont receive file via email - please help me
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!!
Hi! Sorry we had an issue and it was not working last week. Reopen the links in the emails it should work now
Very informative. Thank you so much!
You're welcome !
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.
Hello Youssouf, your journey and ambitions are truly inspiring. You’re on the right path; keep going! 🌟
@abcsc Thanks 😊
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
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! 😊
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!
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 🙂
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
Avec plaisir, on va bientôt sortir plein d'autres vidéos :)
@@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
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.
Thank you Carlos we take note of your suggestion 🙂
Hi Carlos, thank you for telling us, we take good note of your suggestion :)
Good explanation I'm doing my dissertation on Blockchain and digital ledger technologies for real time inventory tracking in Zimbabwe
Best of luck !
Can I use these formula for Raw Materials?
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
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?
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.
Can we use quantity of items on hand instead of using cost?
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.
great..👍
I'm glad you enjoyed it!
Hi @AbcSupplyChain, have you used Demand and sales interchangeably ?
Competitive advantage in 1948 you mean 1984 😅😅😅
Indeed, a typo mistake, the available file has been corrected no worries :) thank you for noticing !
great stuff , always like the simplicity you use
Thanks for the feedback Sylvester 😊 I hope you're doing well
Thanks for the insights! Always great to hop on YT and see a new video from ABCSupplyChain!
Download my free 56-slide presentation on value chain analysis 🙌 👉 abcsupplychain.com/download-value-chain/
😂 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.
😂 See you on the other side of judgement day Andrezia ! 🤖
Amazing, what a great sharing! Really appreciated. Looking forward more video
Thank you so much! We’re thrilled you enjoyed it. Of course, stay tuned !😁
Thanks a lot sir It was helpful for me
You’re very welcome! Glad to hear it was helpful for you.
Excelent content!
Thank you, happy to know you enjoyed the content !
76861 Bernadine Junction
Thank you for sharing your massive supply chain knowledge Edouard
You're welcome 🙂
Magnifique !! Thanks for doing content like that!!
Glad you liked it! I'm going to try to release this format more frequently 😊
Nice Info ..
can we have the tutorials for seasonality as well,please
Thanks for the content idea 👍🏼
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. :)
Wonderful video, very informative. Thank you so much.
How to calculate Average stock COGS for each product, sir?
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.
Ondricka Pine
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 :)
I'm glad Eric, best of luck on your supply chain adventures 🚀
Thank you so much Eduard for your great work and sharing with us.
I will be going back to college this fall to study supply chain management, and really think this channel will be a useful tool for me. Thank you.
I'm glad the channel will be useful! Best of luck for your studies 👍🏼
Very Helpful Much thanks @AbcSupplyChain
Enjoy the video Jacob 👍🏼
great wrk. i have a suggestion of an excel form you can prepare for B2B LOgictic report. with inclusion of 25 depots carrying stocks of a single product. what best can you suprise us with on this one. from dasboards to kpi
Hey Byron, Seems like you have a very specific projet on your hands 😉 Best of luck 🚀
@@abcsc ohh yes and it would be of great appreciation if you help me
Thanks Eduard, great video and a lot of value in it :)
Thanks Florian! I'm glad you enjoyed it 👍🏼
Download the Excel with the 10 Supply Chain KPIs: abcsupplychain.com/excel-10-best-kpis/
Hi Eduard, I tried the link but it is not working?
@@zoeaustralia7229 Just checked and everything seems to be working 😊 Check Spam folder or maybe a small mistake in the e-mail adress you provided 👍🏼
On 16:47 min on Column K3, I can see 80% being mentioned which has 113 counts, but that should be for >40% to 80% isn't it ? What I think is that, if you mention as 80% the total count for that should be 152 and not 113. Please correct me if I am wrong. And if I am right, can you write down how to put the figure for K3 ? Thank you
Hi. 113 is the count of B codes. 80% is just the upper limit range for B codes. So yes, B codes are in between 40% and 80%, I just put the upper limits in the K column.
Hey man, great content! What would be the best method for intermittent demand like spare parts?
Hi, if the demand sill have clear demand patterns, you can still use regular forecasting methods. If the demand is really intermittent, unpredictable with lots of "0" then you may want to try croston's method. Safety stock is always relevant regardless of the demand pattern because it's about preparing for uncertainties
Great work!
I'm glad you enjoyed it 😊
Hello Edouard, thank you for explaining these fundamentals. This video, in combination with your other lessons, really help to have a holistic image of supply chain. However, I'm not a big fan of all those Excel tabs and data entry. I would like to have this combined with Power Query and later Power Bi. for automatic data- and report generation. Is this something you could do a course on as well?
Hi Jonas, Power BI should be one of the next courses I release. I'm also waiting to dive deep in microsoft excel copilot to see the value there.
good video, but this is not works for retail replenishment.
Hi! Thank you for your positive feedback. What do you mean by it doesn't work for retail replenishment?
Great Great Great, more videos pls
Many coming out soon 😊
If I’m in Manufacturing and want to apply EOQ variation to decide how much to produce. What LT should I use? The cycle of production? (If I run X stock once a week for instance)
Big thanks from Iraq for your efforts 🙏
You're welcome 😊
Good Day, may I ask the starting date is the manuf date and the end date is expiry date? And the 90 days is the safety stocks cover?
Hi! Mmmh not really, slow moving KPI period should be taken according to your general inventory turnover. For example 3 months if your business has a quick turnover, or 12 if it is longer. And it is calculated on active products (not expired products or product not yet launched). So that period is not related to manufacturing date or expiry date
Hii Ed!! Im Ravi from india i have completed ma bachelor degree in commerce filed and i have a plan to pursue my masters in logistics and supply chain in abroad? What skills require to get job and PG diploma is better thaan masters? Give me answer Ed 🙌
Hey Ravi, check out the webinar I did a few weeks ago on how to become an expert & leader in supply chain 🚀: th-cam.com/video/y-cSTDPTEsQ/w-d-xo.html
@@abcsc ohh oke thank u Ed 🤍
I've just came across your channel and what are the odds! I came from an inventory planning and allocation analyst level position (presently), and I'll start my new job as demand planner in August. Wish me luck! I'll be binge watching your videos during these days!
That's awesome ! I hope your new job is going well 🚀
Just an update! I became a supply planner instead, change of work roles due to reshuffling!
@@papicoco5069 Honestly it's all forecasting and planning lol.