Understanding Inventory Management (INSIDE THE SUPPLY CHAIN SERIES) Lesson 1
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- เผยแพร่เมื่อ 1 มิ.ย. 2024
- In today's video, we'll dive into an important topic within supply chain management: "Understanding Inventory Management." Whether you're a seasoned professional or just starting your journey in the supply chain and logistics industry, this video will equip you with essential Inventory Management knowledge and give you some real-world examples that will help you effectively manage inventory in your supply chain.
If you are interested in learning more about logistics and supply chain, and want to take your career to the next level,
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Your channel is a hidden gem for supply chain, I just graduated with my bachelors last year
Thank you so much for your kind words! 🌟🚀 I'm thrilled to hear that you've discovered our supply chain content and find value in it. Congratulations on your bachelor's degree - what an exciting achievement! 🎓🎉 Whether you're just starting your career or looking to enhance your knowledge, our channel is here to support you every step of the way. Feel free to explore our videos and keep the learning journey going. If you ever have questions or specific topics you'd like to see, don't hesitate to let us know. Here's to your continued success and growth in the world of supply chain! 📦💼
@alannabors congratulations on graduating last year. We're both Fellow Bruins. I graduate in the summer of 2024 in supply chain, transportation, and Logistics Management. I would like to network if that's okay. I also, love this channel.
Yessss 🙌 Inventory Management is so essential for Supply Chain! Sending love to all the small business owners and freelancers out there!
Absolutely! 🌟 You're spot on! Inventory management truly is the backbone of a smooth-running supply chain. Big shoutout to all the small business owners and freelancers hustling out there! 🚀 Your dedication and hard work are what keep our economies thriving. Keep up the fantastic work, and remember, we're here to support you every step of the way. I echo your sentiment, sending loads of love and positivity to all small business owners and freelancers in this tough economy! 💖 Thank you for watching!
The most easy to understand and crisp explanation of the topic that I have found on TH-cam. Great job!
Thank you so much for your wonderful feedback! 🌟 I'm thrilled to hear that you found our explanation easy to understand and crisp. 😊 Making complex topics accessible is what we strive for, and I'm delighted that it resonated with you. Your support means the world to us! If you have any more topics you'd like us to cover or questions you'd like answered, feel free to let us know. Thank you for watching and for being part of our TH-cam community! 🚀✨
Thank you for this insightful video! "Understanding Inventory Management" is a cornerstone of effective supply chain management, and your video nails it. Whether we're seasoned professionals or newcomers to the field, having a solid grasp of inventory management is crucial. Your real-world examples make the learning experience practical and engaging. Looking forward to more enlightening content! 📦📊🌐
You're absolutely welcome! 🌟 Thank you so much for your wonderful feedback. I'm thrilled that you found our video on "Understanding Inventory Management" insightful and valuable. You hit the nail on the head - indeed, inventory management is a cornerstone of effective supply chain management, and we're ecstatic that our video resonated with you. Whether you're a seasoned pro or just starting out in the field, having a solid grip on inventory management is absolutely crucial.
I'm thrilled that our real-world examples added a practical and engaging dimension to your learning experience. Your enthusiasm is truly motivating! 🚀 We can't wait to bring you more enlightening content that helps unravel the complexities of supply chain management. Stay tuned for more exciting insights, and let's continue on this enlightening journey together! 📊🎓🌐
While using LIFO technique in food industry as per your given example in this video, how about the shelf life? dont you think we should sell those items firs with less shelf life, that's why most company use FIFO. Thank you
I can’t thank you enough. I Recently relocated to North America and I have trying to land a job in the logistics industry, your videos have been resourceful.
I looked through your Channel but couldn’t find videos on freight forwarding(Import/Export).
Please could you do a series on the subject matter.
Thank you 🙏🏾
You're very welcome, and thank you for your kind words! 🌟 We're delighted to hear that our videos have been helpful as you pursue a career in the logistics industry here in North America. Your support means a lot to us!
We greatly appreciate your suggestion for a series on freight forwarding (Import/Export). It's an excellent topic, and we'll definitely consider creating a series to dive deep into this subject matter. Stay tuned for more informative content, and we're excited to continue being a valuable resource on your journey in logistics! 🚚🌍📦
Your video was amazing!!! Thank you again.
Thank you so much for your awesome comment! 🌟 I'm thrilled to hear that you enjoyed the video! 😊 Your support means the world to us. If you have any more topics you'd like us to cover or if there's anything specific you loved about the video, feel free to share. We're here to create content that you find valuable and enjoyable. Thanks again, and stay tuned for more amazing videos coming your way! 🚀🎉
Tks lecturer for knowledgeable lesson.
You're very welcome! 😊 Thank you for your kind words! I'm thrilled to hear that you found the lesson helpful and informative. If you have any more questions or if there's anything specific you'd like to learn about, feel free to let me know. Happy learning! 🌟📚
Excellent! I am a new business owner planning for my launch this year and this video was very clear; well made and easy to implement these topics and concepts right away. Wohooo :)
Thank you so much for your enthusiastic feedback! I'm thrilled to hear that our video was helpful as you prepare for your business launch. 🚀 It's fantastic to know that you found the topics and concepts clear and easy to implement. Your excitement is contagious, and we're honored to be part of your journey to success! If you ever need more guidance or have any questions along the way, feel free to reach out. Here's to your exciting venture ahead, Best of Luck! 🌟🎉
بالتوفيق ❤
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Amazing content to watch as a supply chain graduate
Absolutely thrilled to hear that you're enjoying our content as a supply chain graduate! 🌟🎓 Thank you so much for your kind words and support. It's fantastic to know that our videos are resonating with fellow professionals who share the passion for supply chain. Stay tuned for more insightful and engaging content tailored just for you. If you ever have any questions or topics you'd like us to cover, feel free to let us know. 🚀📦🌍
Thank you for this video. I appreciate how thorough this was-- great examples, very easy to follow, and great advice that was real, relatable and helpful. Subscribed! I enjoy this teaching style and I look forward to learning more.
Wow, thank you so much for your wonderful comment! 🌟 I'm thrilled to hear that you found the video thorough and helpful. Making content that's easy to follow and provides real, relatable advice is what we strive for, so it means a lot to know that it resonated with you. Welcome to the community! 🎉 Your subscription means the world to us, and I can't wait to continue sharing more valuable insights and teaching moments with you. Here's to many more learning adventures together! 🚀😊
Great education insight
Thank you so much! 🌟 I'm thrilled to hear that you found our content insightful and educational. Your positive feedback inspires us to keep creating valuable and engaging content. If you ever have specific topics you'd like us to cover or any questions, feel free to let us know. We're here to support your learning journey! 📚✨
Thank you for the wonderful video 🎉
You're very welcome! 🎉 Thank you for your kind words! I'm thrilled to hear that you enjoyed the video. If you have any more questions, topics you'd like us to cover, or if there's anything specific you'd like to see in future videos, feel free to let us know. Your support means the world to us! Stay tuned for more exciting content. 😊🌟
Perfect ❤
Thank you so much! Your support means the world to us! ❤️ We're thrilled to hear that you found our content perfect. If you have any questions, suggestions, or topics you'd like us to cover, feel free to let us know. We're here to make content that you love! 😊🌟
sweet!
Absolutely, that's awesome to hear! 🌟 We're thrilled you found our content sweet! If you have any questions or if there's anything specific you'd like to see on our channel, feel free to let us know. We're here to make your viewing experience as enjoyable as possible. Stay tuned for more sweet content coming your way! 🎉😊
I enjoyed your videos so well, do you have a podcast with this content?
Thank you so much for your kind words! 😊 I'm thrilled to hear that you've been enjoying our videos. While we don't currently have a podcast, we're always looking for new ways to share knowledge.
We appreciate your support, and if there are specific topics you'd love to hear about in a podcast or audiobook format, feel free to let us know. We're here to cater to your learning needs and provide valuable content in various formats. Stay tuned for more exciting updates and thank you for being a part of our community! 🌟🎧📚
THANK YOUU
You're very welcome! 🌟 It's our pleasure to have you here and be a part of our community. If you have any more questions or need further assistance, don't hesitate to reach out. We're here to help and support you every step of the way! 😊🎉
Hi there, I am an international student in Canada studying Advanced Diploma in Supply Chain and Operations Management. I wanted to know things that I can do to have better networking in my college years so I could get a headstart. What part-time jobs would be best that relate to Supply chain and what can i do to upgrade my skills.
Hello there! 🌟 It's awesome to hear that you're pursuing an Advanced Diploma in Supply Chain and Operations Management in Canada - what an exciting journey you're on! 🚀 Networking during your college years is a fantastic idea to get a head start in your career.
Join Student Clubs: Look for supply chain or business-related clubs in your college. They're great for meeting like-minded individuals and attending industry events.
Attend Workshops and Seminars: Keep an eye out for workshops, seminars, and guest lectures related to supply chain. These events are golden opportunities to connect with professionals and gain insights.
Internships and Co-ops: Look for part-time internships or co-op programs in supply chain or logistics. Hands-on experience is invaluable and can lead to meaningful connections.
LinkedIn: Create or update your LinkedIn profile. Connect with classmates, professors, and professionals in the industry. Share relevant content to showcase your knowledge.
Career Fairs: Attend career fairs hosted by your college. Many companies looking for fresh talent participate, offering networking and potential job opportunities.
Informational Interviews: Reach out to professionals in the supply chain field for informational interviews. This shows your eagerness to learn and network.
Part-Time Jobs: Part-time roles like inventory clerk, procurement assistant, or data entry in logistics companies or warehouses can give you hands-on experience.
Online Courses: Consider taking online courses on platforms like Coursera or LinkedIn Learning to enhance your skills in specific areas of supply chain.
Industry Certifications: Research industry certifications like APICS CPIM or CSCP. These can boost your resume and showcase your dedication.
Networking Events: Attend industry-specific networking events in your city. They provide a platform to connect with professionals directly.
Remember, networking is about building authentic relationships, so be genuinely curious about others' experiences and insights. As you immerse yourself in networking and part-time jobs, your passion for supply chain will shine through. Keep exploring, stay curious, and let your journey lead you to exciting opportunities! thank you for watching!
Thank you so much for replying. I wanted to know more about certifications like APICS, CPIM, etc. Is it available for students as well or do you need to graduate first to get the certifications? Could you please make video on these certifications? Again thank you very much for the reply.
Absolutely, thank you for your enthusiasm! 😊 I'm delighted you're interested in certifications like APICS and CPIM. And good news - these certifications are available for both students and professionals! You don't have to graduate first to pursue them. These certifications can significantly boost your skills and credibility in the supply chain and logistics field.
Here are some links for these certifications:
www.ascm.org/learning-development/certifications-credentials/?gclid=CjwKCAjw69moBhBgEiwAUFCx2LAE4I0xUtO45tlWRWNaUqWeWC5lhGM8M44g5Q_9ff73gJ-rv2UVdBoC5MEQAvD_BwE
www.ascm.org/learning-development/certifications-credentials/cpim/
I think any supply chain job is OK for getting some experience. But I may ask you to get experience in FMCG industries . Core supply chain management skills are more easily learn able in FMCG.
Hello MVC logistics: I purchased ur course - but there is no content to learn, please advice
Hello there! 🌟 Thank you for reaching out, and I'm sorry to hear that you're experiencing issues with accessing the course content. Your learning experience is incredibly important to us, and we want to ensure that you have everything you need to succeed.
Most of our courses are live-sessions so you might have enrolled for a live class that you can attend. Please send us an email at info@mvclogisticsacademy.com and we will get you sorted out right away! Thank you for your patience.
All these ideas and methods are good, but all of these methods are incomplete or having many drawbacks to practical inventory management. External factors like cashflow, suppliers performance,customers's taste change, macro economical factors etc., affects deeply on the order process.
Absolutely, I appreciate your insight, and you're right that practical inventory management can indeed be quite complex due to various external factors like cashflow, suppliers' performance, changing customer preferences, and broader economic influences. It's a dynamic puzzle where multiple pieces need to come together for successful operations. My aim is to shed light on different aspects of inventory management within a single lesson and equip viewers with some more knowledge to navigate these challenges. There are definitely real-world intricacies, and I hope we get to explore and discuss these factors too in upcoming lessons/videos.
Thank you for commenting and engaging in the conversation by sharing your expertise! 💪📊🌍
@@MVCLogisticsAcademy thanks. Actually I work as the Head of Inventory in Pet-Vet industry in Saudi Arabia
Wow, that sounds like such an interesting role, being the Head of Inventory in the Pet-Vet industry in Saudi Arabia! 🐾 Thank you for sharing that with us. If you ever have any questions related to inventory management, supply chain, or anything else, feel free to reach out. Your expertise in the field must bring so much value to your industry. Keep up the fantastic work! 🌟🐾
Very slow
Hey there! 🌟 Thank you for your feedback! We're always striving to improve and provide the best experience for our viewers. If you have any specific suggestions on how we can speed things up or if there's anything else you'd like to see, please let us know. Your input is incredibly valuable to us, and we're here to make your viewing experience as enjoyable as possible! 😊🎥