Supply Chain Management Track

1 hour 15 minutes

Production Scheduling

This course teaches you the fundamentals of production scheduling, including capacity planning, demand forecasting, and optimization techniques to ensure efficient and timely production.

How MRP Works

The course teaches the fundamentals of MRP, including its history, core calculations, and best practices, to effectively manage inventory and production in manufacturing environments.

40 minutes

Visual Management, Waste Reduction & 5S

This course helps you master the fundamentals of 5S, build a visual factory, and implement effective daily accountability meetings.

2 hours

Capacity Planning

This course helps you to align resources with demand, optimize production schedules, and drive operational efficiency.

55 minutes

Introduction: Lean & Cultural Changes

This course teaches you how to implement Lean principles successfully in your organization.

55 minutes

Supply Chain Visibility Fundamentals

This course teaches you supply chain visibility, its importance, dynamic and real-time visibility, and technologies for supply chain visibility.

40 minutes

Mastering Supply Chain Resilience: Understanding Economic Volatility and Transformation

This course teaches you to supply chain resilience in handling supply chain disruptions such as economic crises, volatile economic environments, maturity, transformations, etc.

38 minutes

Risk Management and Business Continuity Tactics in Supply Chain

This course covers risk management and business continuity tactics in the supply chain.

30 minutes

Introduction to Production and Operations Management

This Introduction Production and Operations Management Course is concerned with the design, planning and control of operating systems for the provision of goods and services

Global Trade Considerations

Learn about Global Trade Compliance to Regulation and Legislation.

1 hour 20 minutes

The Supply Chain Information Systems

Learn about, history, evolution, sources and key features. Along with Data Visualization Tools & Triad Approach.

60 minutes

Supply Chain Sustainability

Learn about the Impact of the need for sustainable Supply Chain Management, Corporate Social Responsibility, Circular economy and Moving from compliance to performance management

40 Minutes

Inventory Management Fundamentals for Supply Chain

Learn about the Impact of Inventory Management on the Supply Chain, Optimizing Inventory Levels, and Stock Counting procedures

42 Minutes

Mastering Supply Chain Management - A Comprehensive Introduction

Learn about Basic Supply Chains, Value Chains, Business Strategies & Concepts and Supply Chain Evolution

Essential Supply Chain KPIs Measure, Analyze, Improve

The course covers financial measures, operational metrics, and reporting techniques, providing you with a holistic understanding of supply chain management.

120 minutes

Sales and Operations Planning Blueprint

This course essentially answers the question: How Do You Run an S&OP Process Everyone in Understands.

Supply Chain Resilience Self-Assessment Tool

Welcome to the future of supply chain management! Introducing our groundbreaking solution: the Supply Chain Resilience Self-Assessment Tool. In today's dynamic and interconnected world, the resilience of your supply chain is paramount. Are you ready to take control and ensure your supply chain can weather any storm? Why Resilience Matters In an era of unprecedented challenges – from global pandemics to natural disasters and geopolitical uncertainties – the resilience of your supply chain can make or break your business. Resilient supply chains are agile, adaptable, and able to recover swiftly from disruptions, giving your business a competitive edge and safeguarding your reputation.   The Power of Assessment But how do you know if your supply chain is truly resilient? That's where our Supply Chain Resilience Self-Assessment Tool comes in. Developed by industry experts and based on best practices, this comprehensive tool empowers you to: Evaluate the resilience of your supply chain across key dimensions Identify vulnerabilities and areas for improvement Benchmark your performance against industry standards Develop targeted strategies to enhance resilience   Supply Chain Resilience Self-Assessment Tool Features and Benefits Our tool offers a range of features designed to streamline the assessment process and deliver actionable insights: User-friendly interface: Easily navigate through the assessment process with intuitive design and clear instructions. Customizable assessments: Tailor the assessment to your specific industry, supply chain structure, and risk profile. Detailed reporting: Receive comprehensive reports with in-depth analysis, visualizations, and recommendations. Continuous improvement: Leverage ongoing updates and enhancements to stay ahead of emerging threats and best practices.   Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!   Watch the Mastering Supply Chain Resilience: Understanding Economic Volatility and Transformation course overview video on our SCMDOJO YouTube channel!   [embedyt] https://www.youtube.com/watch?v=mtlx7vOM62Q[/embedyt]   Unlock Your Competitive Advantage with our Supply Chain Resilience Assessment Tool Don't wait until the next disruption strikes. Take proactive steps to fortify your supply chain resilience today with our Supply Chain Resilience Self-Assessment Tool. Join leading organizations worldwide who are harnessing the power of resilience to thrive in an unpredictable world.   Ready to Get Started?   Download now and see how our tool can revolutionize your supply chain resilience strategy. Let's build a stronger, more resilient future together.

Inventory Optimization Tool in Excel

Inventory Optimization Tool: Streamlining Supply Chain Efficiency Inventory serves as the lifeblood of wholesalers, distributors, and manufacturers, representing valuable products awaiting sale. As a crucial component of current assets, especially in the manufacturing sector, an Inventory Optimization Tool becomes an indispensable process. But how do you choose the right inventory optimization models?   Significant cash flow is tied up in inventories to ensure seamless production flow and meet high customer service levels. However, managing inventory also involves holding costs, carrying costs, and opportunity costs. Thus, identifying inventory reduction strategies and optimization methods becomes paramount for supply chain and operations professionals.   Implementing Inventory Optimization can be time-consuming. I recall my days as a planner, where every three months, I had to download data from the ERP system, organize it, identify E&O, recalculate Safety Stock, analyze changes in Made-to-Stock and Made-to-Order, and redo the entire ABC analysis. This labor-intensive process took me 3-5 days of dedicated effort.   To assist the SCMDOJO Community, we have developed an Inventory Optimization Tool in Excel that accomplishes all these tasks and more within minutes and hours instead of days—all at a cost of less than $70! No need to pay exorbitant sums to software companies.   What is Inventory Optimization? Inventory optimization is the process of strategically managing and controlling stock levels to maximize efficiency, minimize costs, and meet customer demand. It involves finding the right balance between having enough inventory to meet customer needs and avoiding excess stock that can lead to higher costs and potential waste.   Output You Will Obtain from the Inventory Optimization Tool The total cost of goods sold. Current inventory onhand value. Planned safety stock value. Inventory Turns. Days on Hand. Current on-hand inventory (in $ value & % to total) grouped by months of stock available. Inventory optimization proposals (A. Stock to stock with new safety stock levels; B. Stock to non-stock; C. Non-stock to non-stock; D. Non-stock to Stock with new safety stock levels). Current on-hand inventory profile in terms of (A. Usable inventory; B. Excess inventory; C. Obsolete Inventory).   Executive Summary of Inventory Segmentation & Analysis Provided by Inventory Optimization Tool     What Files Will You Receive Upon Purchase?   Inventory Optimization Tool in Excel (Filename: Model) Input Template (Filename: Input) Inventory optimization Tool Work Instructions DIY (do-it-yourself) Training Document (Filename: Training Document SCMDOJO) Introduction & Tutorial on How to Use The Inventory Optimization Tool   [embedyt]https://youtu.be/97L-1BnG--U[/embedyt]   The Ultimate Guide to Inventory Planning Methods The objective of this guide is to describe the present use, application and characteristic of selecting various inventory planning methods, and to explain how the methods are applied by the supply chain professionals.   EXCESS & OBSOLETE INVENTORY POLICY   This Excess and Obsolete Inventory Policy provides guidance for shrinkage, obsolescence and excess inventory in the inventory allowance accounts on their ledgers.     Frequently Asked Questions   Q: What is this tool for? A: It helps you optimize inventory levels and reduce costs associated with holding excess stock. Q: Who should use this tool? A: Supply chain and operations professionals, especially those managing inventory in Excel. Q: How much time does it save? A: It can complete tasks in minutes that take manual methods days. Q: What's the cost? A: Less than $70, significantly cheaper than most software solutions. Q: What outputs does the inventory optimization tool provide? A: It provides insights like inventory turns, days on hand, and optimization suggestions. Q: What additional resources are included? A: You get an input template, training document, video tutorial, and guides on inventory planning and excess inventory.

Materials Management Competencies Assessment

Is your materials management team equipped to navigate the complexities of modern supply chains? Efficient materials management is the lifeblood of any successful operation. But are your team members truly skilled to handle the challenges of procurement, inventory control, and logistics?   What is a Materials Management Competencies Assessment? A Materials Management Competencies Assessment is a systematic evaluation of an individual's knowledge, skills, and abilities related to the management of materials and inventory. This assessment helps to identify strengths, weaknesses, and areas for development within the materials management function. Moreover, by assessing competencies such as inventory control, purchasing, supplier management, and logistics, organizations can identify talent gaps, optimize resource allocation, and improve overall supply chain performance. Furthermore, this user-friendly Excel tool empowers you to assess your team's strengths and weaknesses, ensuring they have the necessary skills to drive operational excellence. Moreover, this Materials Management Competencies Self Assessment tool will serve as a guide to identify any gaps in your personal competency skill set or within your team, whether you are a Supply Chain Manager or Materials Manager. To address any identified gaps in low-scoring Materials Management Competencies post-self-assessment, you can refer to and study these ebooks below. Moreover, these eBooks will help you close the competency gaps effectively. the Top 5 Materials Management Books or read The Ultimate Guide to Inventory Planning Methods or The Complete Guide to Plan-For-Every-Part (PFEP). What is Materials Management? Materials Management involves solving materials problems from a total company viewpoint by optimizing the coordination of various materials functions, establishing a communications network, and controlling materials flow. The tool comprises 76 questions divided into the following 11 categories: 11 Components of Material Management Technical Competencies:   Our tool is a comprehensive assessment designed to evaluate the skills, knowledge, and abilities of your materials management team. Developed by industry experts, this assessment covers a wide range of competencies essential for effective materials management, including:   Strategic Sourcing and Purchasing: Strategic sourcing and purchasing involve making calculated decisions to choose the right materials in the correct quantities and timing, including vendor and material selection. Inventory Management: Inventory management organizes stock control from manufacturing to distribution/warehouses and onward to sales locations. Material Requirements Planning: Material Requirements Planning schedules, plans, and controls inventory to dictate manufacturing processes in terms of required materials and product output. Capacity Planning: Capacity planning determines the number of products required to meet customer demands. Moreover, design capacity is the amount of product demand the organization can fulfill. Process Planning: Process planning uses technology to facilitate product manufacturing and meet organizational demands. Demand Management and Forecasting: Demand management forecasts the potential demand the organization will face, while forecasting predicts actual demand during a manufacturing cycle. Sales and Operations Planning: Sales and Operations Planning synchronizes the entire manufacturing process to ensure effective supply chain management. Risk Management: Risk management strategically manages manufacturing processes through static and dynamic materials control, maintaining profitability while minimizing production and inventory costs. Supply Chain Continuity: Supply chain continuity eliminates risks that could disrupt the production line and impact company performance. Physical Distribution Management: Physical Distribution Management streamlines processes after manufacturing, including transportation, packaging, customer service, and inventory control. Supply Chain Resilience: Supply chain resilience ensures the supply chain can handle major shocks while maintaining output and customer service. This tool is designed for typical roles in Materials Management, including: Materials Manager Inventory Control Manager Production Control Manager Inventory Analyst Material Planner Expediter   The image below shows how the tool is designed.     Why Use Our Assessment Tool?   Identify Strengths and Weaknesses: Gain valuable insights into your team's capabilities and areas for improvement.   Targeted Training and Development: Tailor training programs to address specific skill gaps and enhance overall performance.   Strategic Planning: Make informed decisions about resource allocation and strategic initiatives based on the assessment results.   Performance Improvement: Empower your team to deliver better results by aligning their skills with organizational objectives.   Competitive Advantage: Stay ahead of the competition by ensuring your materials management team is equipped with the right competencies.   Why Buy Our Materials Management Competency Tool?   Expertise and Experience: It is developed by industry experts with years of experience in materials management. Moreover, our assessment tool is meticulously crafted to address the unique challenges faced by organizations today. Comprehensive Coverage: Our assessment covers a wide range of competencies essential for effective materials management, ensuring that no critical areas are overlooked. Customization Options: Tailor the assessment to your organization's specific needs and priorities, ensuring relevance and maximizing the impact of the results. Actionable Insights: Receive detailed reports and recommendations that provide clear guidance on areas for improvement. Moreover, this enables you to make informed decisions and drive meaningful change. Proven Results: Countless organizations have already benefited from using our tool to enhance the capabilities of their materials management teams. Moreover, they can achieve greater efficiency and effectiveness. Ongoing Support: Our team is committed to providing continuous support, from initial assessment administration to the implementation of improvement strategies, ensuring that you get the most out of our tool.   Invest in the success of your materials management team with our trusted assessment tool. Contact us today to learn more and see how we can help your organization thrive.   Moreover, you can benefit from reading the Inventory Planning Guide and Excess & Obsolete Inventory Policy, which we have put together as a discounted package! Furthermore, if your country doesn't allow PayPal, you can download this tool from here. ** Lambert, M. D; Stock, R.J; Ellram, M.L. (1998), Fundamentals of Logistics Management, McGraw-Hill, Singapore.   Frequently Asked Questions (FAQs)   Q. Who can benefit from using this Materials Management Competency Assessment Tool? This tool is designed for organizations of all sizes and industries, including manufacturing, distribution, and logistics. Moreover, it's particularly useful for materials managers, inventory control managers, production control managers, inventory analysts, material planners, and expediters.   Q. How long does it take to complete the assessment? The assessment typically takes around 30-45 minutes to complete.   Q. What kind of support is provided after purchasing the assessment tool? We offer comprehensive support through email. Email us at [email protected]. Moreover, you can hire expert services to give you customized solutions according to your need and industry.   Q. Can I customize the assessment to fit my specific organizational needs? While the core assessment is designed to be comprehensive, we can provide customization options to tailor it to your unique requirements. Please contact us to discuss your specific needs.

Excess and Obsolete Inventory Policy Guide

Are you drowning in excess and obsolete inventory, struggling to keep your ledgers balanced and your shelves clear? Look no further! Our Excess and Obsolete Inventory Policy is your comprehensive guide to navigating the complexities of managing shrinkage, obsolescence, and surplus inventory within your organization's allowance accounts.   Generally, companies record allowance reserves to account for inventory losses arising from shrinkage, obsolescence, and excess inventory. Regardless of the decrease in value, be it due to damage, deterioration, obsolescence, price fluctuations, or future demand changes, the difference should be recognized through an income charge in the corresponding period.   Discover the Advantages of the E&O Policy Guide   This guide aids in proactively identifying, accounting for, and addressing the disposition of excess and obsolete inventory. It also assigns accountability for continuous improvement activities focused on mitigating excess and obsolete inventory occurrences by pinpointing and tackling their root causes. Other benefits include: Streamlined Inventory Reserves Evaluation Regular assessment ensures accurate estimations quarterly. Comprehensive Planning Strategies Maintain accuracy across all inventory levels with robust planning tactics. Coverage Across Various Inventory Items From finished goods to work-in-process (WIP), our guide caters to all inventory categories. Flexible Formats for Accessibility Available in both Microsoft Word and PDF formats, offering convenience and customization. Empowering Financial Controllers and Supply Chain Managers Enable confident decision-making in establishing reserves for shrinkage, obsolescence, and excess inventory. Alignment with Standard Policies and Procedures Ensure consistency across business units, divisions, and manufacturing leaders. Shift Towards Proactive Inventory Management Move away from reactive practices and embrace proactive strategies to reduce excess and obsolete stock. Enhanced Operational Efficiency and Profitability Say goodbye to inventory headaches and hello to smoother operations and greater profitability. Accessibility Through Gumroad for Global Users For those without PayPal availability, access the files conveniently via Gumroad.   When implemented, the Excess and Obsolete Inventory (E&O) Policy offers:   Regular inventory reserves evaluation to ensure accurate estimations quarterly. Comprehensive planning to maintain accuracy across all levels.   The scope of this guide encompasses all company inventory items, including:   Finished Goods Inventory at Subcontractors Raw Stock Work-In-Process (WIP)   Spanning 12 pages with a word count of 2696, the guide is available in both Microsoft Word and PDF formats. It also enables customization for individual business needs.   The responsibility of establishing reserves for shrinkage, obsolescence, and excess inventory lies with each financial controller and supply chain manager, based on the recommended steps outlined in this guide.   Sector/Segment CFO/Controllers, or their designated representatives, can also utilize this guide for their business units, divisions, and manufacturing leaders to ensure alignment with standard policies and procedures guiding supply chain and financial controlling efforts.   From a materials management perspective, existing practices for identifying and reserving excess and obsolete inventory tend to be reactive. However, this policy shifts towards a proactive approach, potentially vital in reducing excess and obsolete stock issues for your business.     Please use this link to access the files via Gumroad for those without PayPal availability in their country.

Sales and Operations Planning Process Assessment

Tired of supply chain chaos? It's time to take control. For the effective implementation of a successful Sales and Operations Planning Process, we have developed a user-friendly survey-like questionnaire Self-Assessment tool in Excel, which you can conveniently download and share with your teams.   What is a Sales and Operations Planning (S&OP) Assessment? A Sales and Operations Planning (S&OP) assessment is a comprehensive evaluation of an organization's S&OP process to identify strengths, weaknesses, and opportunities for improvement. It involves a thorough examination of various aspects, including the alignment of strategic objectives, demand planning accuracy, supply chain capabilities, and overall process effectiveness. The goal of an S&OP assessment is to optimize the organization's supply chain, improve decision-making, and enhance overall business performance.   This Sales and Operations Planning Process Self-Assessment tool serves as a guide to help you identify any gaps in your business concerning the process elements listed below.   The Sales and Operations Planning process holds a pivotal role within the supply chain planning hierarchy.   To bridge these gaps, you can refer to and study the Top 7 Sales and Operations Planning (S&OP) Books, or feel free to email me—I'm here to assist!   Categories of Sales and Operations Planning Process Self-Assessment Tool The Sales and Operations Planning Process Self-Assessment tool comprises 29 questions across the six categories mentioned below:   S&OP Process Policy and Documentation S&OP Organization, Meetings, and Collaboration S&OP Plan Integration, Planning Horizon, and Scope Measurements - Use of KPIs in the S&OP Process The maturity of the 5 Steps S&OP Process on a Scale of 1-5 (1- Lowest & 5- Highest) S&OP Advanced Stage Questions   Simplistically speaking, the S&OP process precisely delivers what its name suggests – a comprehensive overview of the company's Sales and Operations Planning methodology. Its primary objective is to assist in comprehending the equilibrium between supply and demand planning.   This process embodies an organizational enhancement approach that will:   Attain a harmonious understanding among employees regarding supply capacity and market demand. Establish a unified vocabulary for information exchange across all functional groups.   The Sales and Operations Planning Process, which follows a 5-step monthly structure (as depicted below), aids both the business and Supply Chain communities in preemptively preparing for shifts in demand by closely Monitoring the External Market.     S&OP as a Supply Chain Process:   Encompasses forecasting and decision-making aspects. Engages every department within the business. Offers visibility and alignment regarding mid-term demand (2-18 months). Operates on a monthly cycle. Furnishes realistic demand, production, and inventory plans to fulfill customer needs. Requires the collaboration of a cross-functional team. Involves documentation and agreement from all involved parties. Facilitates communication and coordination of activities across various departments.     Why You Should Buy Sales and Operations Planning Process Guide 1. Streamline Your Sales and Operations Planning Process Our guide offers a comprehensive solution for optimizing your Sales and Operations Planning (S&OP) process. With our user-friendly survey-like questionnaire Self-Assessment tool in Excel, you'll be equipped to identify and bridge any gaps within your business's S&OP framework. 2. Ensure Effective Implementation Implementing a successful S&OP process is crucial for maintaining supply chain efficiency. Our guide provides a structured approach, ensuring that every step of the S&OP process is effectively executed. 3. Gain Insights Across Six Essential Categories Our Self-Assessment tool covers 29 questions across six key categories, including S&OP Process Policy and Documentation, Organization and Collaboration, Planning Integration, KPI Measurements, Process Maturity, and Advanced Stage Questions. By addressing these categories, you'll gain a holistic understanding of your S&OP process's strengths and areas for improvement. 4. Tap into Expert Knowledge Backed by research, our guide draws insights from top industry experts like J. Andrew Grimson and David F. Pyke, providing you with a proven framework for optimizing your S&OP process. 5. Enhance Cross-Functional Collaboration Effective S&OP requires seamless collaboration across departments. Our guide facilitates communication and alignment among teams, ensuring everyone is working towards the same goals. 6. Preemptively Prepare for Market Shifts By closely monitoring external market factors, our guide helps you anticipate shifts in demand and proactively adjust your S&OP plans accordingly. 7. Accessible and Convenient Our guide comes in an easy-to-use Excel format, making it convenient to download and share with your teams. Whether you're a seasoned professional or new to S&OP, our guide provides the tools you need to succeed. 8. Personalized Support Have questions or need assistance? Feel free to reach out to us via email. We're here to support you every step of the way on your S&OP journey. Conclusion: Invest in Your Future with our Sales and Operations Planning Process Guide Investing in our guide means investing in the future success and efficiency of your supply chain. With our expert-backed insights and practical tools, you'll be well-equipped to optimize your S&OP process and drive business growth.   If PayPal is unavailable in your country, you can attempt this alternative link to access the download.   Reference: The guide is inspired by a research article J. Andrew Grimson, David F. Pyke, (2007) “Sales and operations planning: an exploratory study and framework”, The International Journal of Logistics Management, Vol. 18 Issue: 3, pp.322-346   Frequently Asked Questions:   Q: What is the Sales and Operations Planning (S&OP) process? A: The S&OP process is a cross-functional approach to align sales and operations planning to improve forecast accuracy, reduce inventory levels, and increase customer satisfaction. Q: Why is S&OP important for my business? A: S&OP helps businesses improve decision-making, reduce costs, and increase revenue by aligning sales and operations plans. Q: How can I implement S&OP in my organization? A: Our Self-Assessment tool provides a structured approach to identify gaps in your current S&OP process and implement best practices.   Q: What is the Self-Assessment tool? A: It's an Excel-based questionnaire designed to help you assess the maturity of your S&OP process across six key categories. Q: How do I use the Self-Assessment tool? A: Simply download the tool and answer the questions honestly. The tool will generate a report highlighting your strengths and areas for improvement. Q: Is the tool easy to use? A: Yes, the tool is designed to be user-friendly and requires no technical expertise.   Q: What kind of support is available after purchasing the guide? A: We offer email support to answer any questions you may have about the S&OP process or the Self-Assessment tool. Email us at [email protected]

Supply Chain KPI Dashboard

Are you responsible for measuring key performance indicators for Supply Chain Management in your organization? Our exclusive Supply Chain KPI Dashboard can enhance your business performance. This powerful Excel tool is designed for easy customization, making it a valuable resource for monitoring, measuring, and controlling key performance indicators. According to Handfield et al. (2009), the benefits of using this Dashboard include: Systematic measurement leads to enhanced performance. Improved communication throughout the supply chain. Identification of areas for improvement. Provision of opportunities for feedback. Enhancement of motivation and alignment of behavior towards desired outcomes.   The SCM KPI Dashboard assists in maintaining SMART (Specific, Measurable, Attainable, Realistic, and Timely) targets, fostering Continuous Improvement within your business and Supply Chain. This ready-to-use Excel Dashboard facilitates monitoring of Previous Year, Current Year vs. Targets, and Future performance. [SCM_BLOG_BUTTON text="Download Free Supply Chain KPIs Cheat Sheet PDF" url="https://www.scmdojo.com/supply-chain-kpis-cheat-sheet-signup/"] Reasons Why You Should Buy This:   Streamlined Monitoring: Effortlessly track your supply chain performance in one centralized dashboard, eliminating the need for manual data gathering. Instant Insights: Gain visibility into key performance indicators, enabling quick and informed decision-making for your business. Easy Customization: Tailor the dashboard to fit your unique business needs with our user-friendly Excel tool. This ensures relevance to your specific industry and goals. Time Efficiency: Save valuable time by automating the measurement and monitoring of KPIs. This allows your team to focus on strategic tasks rather than routine data collection. You can save 6-8 days of dashboard production time. Industry Best Practice: The Supply Chain KPI Dashboard shows all standard supply chain KPIs used in many industrial verticals. Enhanced Control: Take charge of your business's success by having a comprehensive tool that aids in monitoring, measuring, and controlling crucial aspects of your supply chain. Data-Driven Decision Making: Make informed decisions backed by accurate and up-to-date data. This empowers your team to respond promptly to changing market conditions and opportunities. Competitive Advantage: Stay ahead of the competition by leveraging a sophisticated supply chain KPI dashboard. This showcases your commitment to excellence and efficiency. Adaptability: Easily adapt to evolving business landscapes with a customizable dashboard that grows with your organization. This ensures long-term relevance and utility.   See Also: Logistics KPI Dashboard Excel Template   The Top Supply Chain KPIs Recommended For You Based on my 16 years of experience, I've curated a selection of 18 Supply Chain KPIs organized under the following Performance Attributes. This list should comprehensively address all the foundational aspects of the Supply Chain. Metrics for supply chain performance Supply Chain KPIs Dashboard Demo & Tutorial [embedyt]https://www.youtube.com/watch?v=xFnxA0Tl6S8[/embedyt] Supply Chain KPIs Dashboard Snapshot Inventory Management KPIs Examples from Supply Chain KPI Dashboard Logistics Management KPIs Examples from Supply Chain KPI Dashboard You'll derive even more value from this Dashboard by enrolling in the "Must-Know Metrics for Supply Chain Professionals" course led by SCMDOJO Expert Paul Denneman. This course offers an opportunity to delve into the comprehensive content on Supply Chain Performance Management, providing you with in-depth knowledge.   See Also: Procurement KPIs Excel Template Key Features of the Excel Template for Supply Chain KPIs: The 30-day and cumulative analysis included Comparison with both past year and target values Interactive chart summary for the Supply Chain KPI dashboard User-friendly design with clear presentation output Easy and clear templates for each department Compatible with any operating system such as Windows, MAC, etc. Works with Excel 2007 and newer versions One-click download and No installation required Print-friendly format Frequently Asked Questions Q: What is the main KPI in supply chain management? A: On-time delivery performance is a critical key performance indicator (KPI) in the supply chain. Q: What are the 5 measures of supply chain performance? A: The five measures of supply chain performance include on-time delivery, inventory turnover, order fulfillment cycle time, cost of goods sold (COGS), and order accuracy. Q: What is a supply chain management dashboard Excel template? A: A Supply Chain Management (SCM) dashboard is a visual tool that provides real-time insights and key performance indicators (KPIs) to monitor and optimize various aspects of the supply chain. Q: What are the 5 key performance indicators in logistics? A: The five key performance indicators in logistics include on-time delivery, order accuracy, inventory turnover, transportation costs, and warehouse efficiency. As Brewer and Speh (2000), cited in Harrison and van Hoek (2011:97) “If firms talk about the importance of supply chain concepts, but continue to evaluate employees using performance measures that are…unaffected by supply chain improvements, then they will fail in their supply chain endeavors”. These supply chain performance measures examples can be used straight away. This supply chain metrics dashboard is also known as the supply chain KPI scorecard in some businesses.   References: Brewer, P. C., & Speh, T. W. (2000). Using the balanced scorecard to measure supply chain performance. Journal of Business Logistics, 21(1), 75. Dilbert ‘Performance Measurement at: https://dilbert.com/strip/1996-07-18 and Handfield, et al. (2009)      

Production Scheduling Tool: Optimize Your Manufacturing Workflow

Welcome to SCMDOJO, your trusted partner in supply chain excellence. Introducing the Excel Production Scheduling Tool, a powerful solution designed by industry expert Kien Leong to streamline your production planning and elevate your manufacturing operations. What Is the Production Scheduling Tool? Our Production Scheduling Tool is a robust Excel-based application that simplifies complex scheduling processes. It integrates seamlessly with your data inputs, processes work orders, and delivers actionable insights through detailed Gantt charts and capacity charts. This tool is ideal for production managers, planners, and operations teams aiming to maximize efficiency and meet demand with precision. Key Features of the Tool: Customizable Inputs: Import your demand, routing, and work center data effortlessly through user-friendly input tables. Advanced Load Calculation: Automatically calculates work order loads based on demand and routing data. Gantt Chart Visualization: Visualize the progression of tasks across work centers for better scheduling oversight. Capacity Analysis: Compare finite and infinite capacity planning with insightful charts that highlight bottlenecks and spare capacity. Push Scheduling Logic: Adjust schedules dynamically, accounting for real-world capacity constraints. Benefits of Using This Tool: Enhanced Decision-Making: Make data-driven decisions with clear visualizations and detailed reports. Improved Efficiency: Identify and address bottlenecks in your workflow to minimize delays. Scalable for Any Operation: Easily switch data sets to adapt the tool to different production scenarios. User-Friendly Design: No advanced technical expertise required—get started with minimal training. Who Is This Tool For? Whether you're managing a small production line or a large manufacturing operation, the Production Scheduling Tool is a must-have for: Production planners Operations managers Supply chain professionals Manufacturers seeking to optimize workflows and reduce lead times. How to Get Started: Download the tool Follow the easy-to-understand setup guide included in your download. Populate the tool with your production data to unlock actionable insights and reports. Why Choose SCMDOJO? At SCMDOJO, we bring decades of supply chain expertise to help professionals like you excel. Our tools are designed with practicality and ease of use in mind, ensuring they address the real challenges of supply chain management. Get Your Production Scheduling Tool Today! Don’t let inefficiencies slow down your production line. Click the Buy Now button to download the Excel Production Scheduling Tool and take the first step towards operational excellence.   Enroll in our comprehensive course on Production Scheduling to learn and enhance your skillset!     [SCM_BLOG_BUTTON text="Download Free Supply Chain KPIs Cheat Sheet PDF" url="https://www.scmdojo.com/supply-chain-kpis-cheat-sheet-signup/"]   Watch Material Management Competency Assessment (FREE TOOL) on our YouTube Channel!   Frequently Asked Questions (FAQs) Q: What software do I need to use this tool? A: This tool is an Excel-based application, so you'll need Microsoft Excel (version 2010 or later) to run it. Q: Do I need any coding experience to use this tool? A: No coding experience is required! The tool is designed with user-friendly features and includes a setup guide for easy implementation. Q: Can I import data from other systems? A: Yes, the tool allows you to import data from your existing systems through user-friendly input tables. Q: Is there a free trial available? A: Unfortunately, we don't offer a free trial at this time. However, you can download our free Supply Chain KPIs Cheat Sheet to gain valuable insights into supply chain performance. About Benefits and Use Cases: Q: Will this tool work for my specific industry? A: The Production Scheduling Tool is designed to be adaptable to various manufacturing operations. As long as you have demand, routing, and work center data, the tool can be customized to fit your needs. Q: Can I use this tool for service-based businesses? A: While primarily designed for manufacturing, the core functionalities of the tool (scheduling, resource allocation, capacity analysis) may be adaptable to certain service-based businesses. We recommend exploring the features to see if they align with your specific needs. Q: Will this tool help me reduce lead times? A: Yes! By optimizing production scheduling and identifying bottlenecks, the tool can help you streamline your workflow and potentially reduce lead times. Q: Does the tool offer any reporting functionalities? A: Yes, the tool generates detailed reports based on your production data. Moreover, it provides valuable insights for informed decision-making.

MRP Tool: A Best Practice Solution for Efficient Supply Chain Planning

At SCMDOJO, we are proud to launch our MRP Tool, created by industry expert **Kien Leong**. This tool is designed to streamline your material planning processes, ensuring you have the right materials at the right time to meet production demands without overstock or shortages.   What is MRP?   Material Requirements Planning (MRP) is a systematic approach to managing manufacturing processes. It ensures materials are available for production and products for delivery to customers. MRP helps companies improve production efficiency and reduce costs by optimizing inventory levels and scheduling.   Why Choose Our MRP Tool?   Our MRP tool stands out because it combines industry best practices with practical, real-world solutions. Whether you’re managing a large-scale supply chain or handling smaller operations, this tool is tailored to your needs:   Expertly Designed: Developed by **Kien Leong**, a leading figure in the industry, bringing years of expertise and insights. Customizable: Adapt the tool to fit your specific production environment, whether you’re dealing with fluctuating demand or steady production. Easy to Use: With an intuitive interface and straightforward functionality, anyone in your team can quickly learn and leverage the tool. Boosts Efficiency: Optimize material purchases and reduce stockouts or overstock situations, leading to significant cost savings.   Key Features of the MRP Tool:   Inventory Tracking: Stay on top of your raw materials, components, and finished goods inventory. Production Scheduling: Plan production to run more efficiently to meet demand without excess waste. Demand Forecasting: Accurately predict material needs based on historical data and upcoming orders. Lead Time Calculation: Ensure you order materials with enough lead time to prevent delays in production. Comprehensive Reporting: Generate detailed reports to analyze performance and make informed decisions.   Who Is This Tool For?   This MRP tool is perfect for supply chain managers, production planners, and procurement professionals who want to:   - Minimize production delays - Improve inventory management - Streamline material ordering processes - Gain better visibility into the supply chain   Ready to experience smarter material planning? Buy Now!   Enroll in our comprehensive course on How MRP works to learn and enhance your skillset!     [SCM_BLOG_BUTTON text="Download Free Supply Chain KPIs Cheat Sheet PDF" url="https://www.scmdojo.com/supply-chain-kpis-cheat-sheet-signup/"]   Watch Material Management Competency Assessment (FREE TOOL) on our YouTube Channel!   Frequently Asked Questions (FAQs)   Q: What is the best practice MRP Tool?   A: MRP Tool is a Material Requirements Planning solution designed by industry expert Kien Leong. It helps businesses efficiently plan and manage their material inventory, ensuring the right resources are available for production while minimizing excess stock.   Q: How does the MRP Tool work?   A: The tool takes input like demand forecasts, production schedules, and inventory levels to calculate the materials needed for upcoming production runs. It helps users plan material purchases, track inventory, and avoid stock shortages or overstock situations.   Q: Is the MRP tool suitable for small businesses?   A: Yes! The MRP Tool is fully scalable and can be customized to fit the needs of both small and large organizations. It’s designed to be flexible and user-friendly for companies of any size.   Q: Do I need special training to use the tool?   A: No special training is required! The tool is intuitive and easy to use. However, we do offer support through our email [email protected].   Q: How can this tool help my business?   A: The tool helps optimize material purchasing and production scheduling. By reducing overstock and preventing stockouts, you can save on inventory costs, improve cash flow, and ensure smooth production operations.   Q: What industries is this tool suitable for?   A: The MRP Tool is ideal for manufacturing, retail, and distribution sectors. Any business that requires efficient inventory management and production planning can benefit from this tool.   Q: Does the tool provide reporting features?   A: Yes, the tool comes with a reporting feature that gives you insights into material usage, demand forecasting, lead times, and inventory status, helping you make informed decisions.   Q: Is there customer support available?   A: Absolutely! We offer full customer support to ensure you get the most out of the MRP Tool. You can reach out to our support team at any time at [email protected].   Q: How can I get started with the MRP Tool?   A: Simply click on the “Buy Now” button on this page to purchase the tool and start optimizing your material planning today!   Q: Can I get a discount on this product?   A: For discounts and codes subscribe to our email newsletter from the button below. We offer numerous discounts on different products of SCMDOJO.  

The Most Complete Supply Chain Terms and Glossary

Managers, academics, students, professionals, and practitioners of Supply Chain Management require ready access to a definitive source of current terminology and practice. This is the first and most up-to-date source that provides all the necessary supply chain terms. Moreover, it provides concepts, and definitions relevant to the subject of Supply Chain Management & Logistics. Salient features of this Supply Chain Terms & Glossary include: 2700+ Supply Chain Definitions and Glossary, purchased in paperback format, could cost between £21.54 to £55.58. Download as a PDF file. Current definitions, based on those given by leading authorities Key e-commerce terminology Terminologies are also employed in procurement, supply, logistics, contract negotiation, and all aspects of materials management. 182 pages 72,908 word-count   If you are confused by all of the technical jargon and terms of the supply chain that are used in the field of Supply Chain & Logistics Management, then you are in the right place. I have attached a PDF version of my digital supply chain and logistics management glossary for you to download! It will be of particular use if you are new to this industry where you might find the industry jargon and abbreviations confusing. At times you might not even know what they are talking about! Meanwhile, This is your one-stop shop where you will find hundreds of standard supply chain terms. This supply chain management glossary is not exhaustive. The profession has continued to change and evolve to fit the needs of the growing global supply chain. The supply chain continues to grow with adding more and more supply chain digitalization terms. Moreover, Along with this glossary, we would suggest you take our introductory course on Basics of Supply Chain Management by Paul Denneman is Sr. Supply Chain Consultant & Project Manager with over 30 years of experience in Supply Chain with many global brands to kick start excellent supply chain career.

5S Kaizen Guide: Organizing the Workplace for Flow

You have the potential to transform your business into a safe and productive entity. This 5S Kaizen Guide makes a great first step. It establishes the trust and skills needed to go the distance with lean. It puts the shop and office in order, eliminates the “low hanging fruit” of process waste, and establishes the discipline required to implement more advanced continuous flow techniques. Eliminate the clutter with Sort, arrange with Straighten, sparkle with Shine, create a proper guideline with Standardize, and inspire with Sustain. It is that easy!!   “Excellence is not an act, but a Habit.” – Aristotle. The 5S Kaizen Guide Includes: Introduction to the 5S Program What is 5S? Where did it originate? Why are we doing 5S? What can 5S do for you at your plant or business? Benefits/Objectives of implementing 5S. The Five Pillars of 5S Explained in every detail Step 1: Sort 5 Step 2: Straighten. 8 Step 3: Shine 10 Step 4: Standardize 12 Step 5: Sustain 15 Safety as 5S+ This 5S guide is comprised of 18 pages with the 3904 word count. Included as Microsoft Word and PDF format. This guide also include A real example of 5S Office Audit Checklist – which you can customize to your business. A simple Shop Floor 5S Audit Checklist – which you can customize to your business. To understand why having this 5S Kaizen Guide is important, read my blog “5 Massive Reasons Why You Should Conduct 5S Kaizen in Your Business“. The 5S system allows employees to participate in the workplace design. This increases their commitment to the long-term sustainability of the business. When you conduct a 5S Kaizen using this 5S Kaizen Guide, a side benefit of this is that employees feel responsible for the overall success of the company thus making them go the extra mile in promoting its growth. 5S is a cost-effective and accessible lean technique. It lays the foundation for other lean techniques. Thus, it is an excellent system to adopt for business owners who want to improve the overall business performance and operations. If your country do not allow PayPal, you can try think link here to download from here 5S Kaizen Guide: Organizing the Workplace for Flow

Stocktaking Procedure - The Ultimate Guide

This document provides the essential guide to developing your physical Inventory. In other words, your stocktaking procedure and a training guide bespoke to your business needs. This guide is 40 pages long with a word count of 6752. Objectives of this Stocktaking Procedure: Ensure records held for the stock are accurate Have an accurate basis for planning and stock control procedures. As this process will enable you to assess the level of stock loss within your business’ sites. These Aims and Objectives will, therefore, guarantee a high level of accuracy of your inventory returns, lead to better management of stock and therefore lead to a maximizing of profit margins & cash flow.   I have written this stocktaking procedure from a medium-sized company perspective with multiple sites and staff. Thus taking into account as many variants as possible so you can customize to suit your business. Everyone involved in the procedure should adhere to the steps in this guide to achieve the objectives set out. This will guarantee confidence in the outcome every time. Consequently, the need for repeated physical re-counts (the Reconciliation Process) where inventory returns show discrepancies, with time, should progressively reduce as you conduct stocktake year after year with consistency and efficiency. At the End of This Guide….. By the end, you will be able to have a sound understanding and confidence in your ability to answer the following questions. You'll gain clarity and understanding of how all the different components fit. Moreover, how they follow one another when using this to develop your own stocktaking procedure and training guide: How do I prepare and organize a Stocktake? Who is involved in carrying out and completing the Stocktake, and how and in what capacity? Defining roles and responsibility When do I schedule a stocktake? What inventory do I include and exclude in the stocktake counting process What do I look for in the item I am counting? What Is the Reconciliation Process, why do I need it and how to complete it Can I confidently train staff? To learn more, read my article “Importance of Stocktaking – 7 Proven Advantages Which Defines the Purpose of Stocktaking for Your Business” If PayPal is unavailable in your country, you can download using think.  

Optimize Your Inventory: A Guide to Planning Methods

This guide aims to describe the present use, application and characteristic of selecting various inventory planning methods and to explain how the methods are applied by supply chain professionals. Poor Inventory Planning Symptoms   Before we dive into methods of inventory planning, we need to understand what are the symptoms and implications of using poor or no inventor planning methods: Increasing numbers of back-orders (also known as past dues) Increasing investments monetarily while no growth in sales High Customer Churn or low customer lifetime value Poor customer service or a high number of order cancellations Lack of sufficient warehouse and storage space Lack of proper production capacity capitalization Worsening relationships with key customers and distributions High qty of obsolete stock and/or high inventory which you don’t need With inventory planning, the significant functions comprise demand analysis and order of new inventories. This Guide Includes Following Methods:   Kanban Re-order points Fixed Order Interval Run-out time Material Requirement Planning (MRP) Most Inventory Planning methods can be used in manufacturing as well as in the distribution industry. These methods should be seen at a tactical planning level. It concerns balancing supply and demand and deals with the initiation, control, and monitoring of manufacturing and purchasing orders to keep the material flow and the value-adding activity in manufacturing going on without interruptions.   The guide comprises of 23 pages and over 4000 words with picture illustrations and easy to understand bullet point concepts. You can also buy the Inventory Planning Guide along with Inventory Optimization Tool and Excess and Obsolete Inventory Policy as a bundle with a further discount, giving you a full tool set for your Inventory Management Methods.   Considering that the planning environment and the way an inventory planning is applied has a major influence on how efficiently and effectively it can be used, it is of interest to know more about which inventory planning methods companies use, in what planning environment they use them, how they use them and how successfully they can be used.

Demand Forecasting Methods - The Ultimate Guide

This practical Demand Forecasting Methods Guide explains what is demand forecasting, its influencing factors, patterns, characteristics, and forecasting principles. This Guide also explains Demand Forecasting Techniques, how to develop a demand forecasting process, forecast accuracy, Tips to Enhance Forecast Accuracy, and machine learning forecasting. This guide aims to help you manage the present and prepare for the future by assessing the possible future demand pattern. Because there are many facets of the supply chain, especially the modern supply chain, it is essential to have the right amount of inventory stock at all times. However, it does not guarantee the future! Amit Trivedi This Guide for Demand Forecasting Methods comprised of 6,345 words, 40 pages, 14 pictures and few demonstrating tables!   This Guide will help you kick start and/or improve the Demand Review of Sales and Operations Planning (S&OP) Process. This Demand Forecasting Methods pdf Guide Describes:   The characteristics of demand and its relationship to forecast accuracy The value and limitations of demand forecasting The many kinds of demand forecasting methods, approaches, and methodologies Understanding how data management and preparation facilitate the forecast process Evaluate why, how, and at what levels to calculate forecast accuracy Understanding how the forecast accuracy measurement should be used in decision making.   Demand Forecasting enhances communication and integration among members of your planning team. In this dynamic business world, we have today, excellent forecasting is vital to gaining and sustaining a competitive advantage. It is vital to optimising productivity through rapt responsiveness to consumers' needs, improved delivery and decreased operational costs. Accurate forecasting can mean the difference between being ready for the dynamic changes in the market and being left behind. Overall, forecasting is vital to business growth and success.   You will also find our Inventory Planning Guide and S&OP Self-Assessment Tool helpful. Supplementary Supply Chain Policies & Procedure You Should Have in Your SCM Policy Book Stocktaking: The Ultimate Guide (Stocktaking Procedure) Excess and Obsolete Inventory Policy Guide – Revised & Updated The Ultimate Guide to Inventory Planning Methods Cycle Counting Procedure Made Simple: A Step-by-Step Guide 5S – Kaizen Guide: Organizing the Workplace for Flow Related videos by SCMDOJO 7 Practical Challenges in S&OP Deployment You Should Avoid [embed]https://www.youtube.com/watch?v=77o9i6gy_fA&t=23s[/embed] S&OP vs. IBP - What Are The Top 5 Differences?   [embed]https://www.youtube.com/watch?v=ZSETYuSbdFM&t=2172s[/embed]  

Plan For Every Part Template & Guide

This Plan For Every Part template and guide is here to help supply chain professionals understand where data comes from. It covers things like modeling, suppliers, logistics, demand, warehouses, process plans, material handlers inside the factory, floor workers, the quality department, and customer data. It shows how all these parts are connected.   Plan For Every Part (PFEP) can be a ten-time bigger version of the Material Resource Planning (MRP) system. This includes more data points to generate product information and make that information available at the required location or to a responsible person.   This concept originates from the Lean Community. The PFEP defines a plan (at the part level) for the most efficient replenishment. It also defines the movement of every part used in business through the complete Supply/Value Chain.   I have used this concept during my days as a Manufacturing Plant Supply Chain Manager. By using this, I have reaped many benefits in terms of:   Finding the right planning policy depends on the stocking procedure. Level load production plan, as a result, better efficiency End result of improved On-Time Delivery Performance & Reduction of Inventory as main supply chain KPIs.   You can read a detailed blog, What is Plan for Every Part (PFEP)- 4 Levels of Benefits   This practical guide aim to help you understanding PFEP concepts, outline steps of implementation, explain benefits and also challenges you might face during implementation. It also includes example as well. Table of Content     The guide is a good reference point to understand key challenges and success factors in implementing PFEP. Plan For Every Part Template   You can download the Plan For Every Part Template along with the Guide.   Each template can involve information only related to that product, and by integrating all the PFEP templates, we can have distortionary about each part.   All the parts should be considered in the process even if it costs only one cent, or it's ordered only once a year. A snapshot is shown below.     We would also recommend watching 5 Levels of Supply Chain Planning. This shows where these concepts fit well in the overall hierarchy of planning.   [embed]https://www.youtube.com/watch?v=A-4V5vQ8dw8&t=4s[/embed]