Coronavirus and Supply Chain - How to Manage International Logistics during COVID with Chris Richards
Release Date: 11/12/2020
2024 Predictions for Supply Chain
Adventures in Supply Chain
This episode covers the 2024 Predictions for Supply Chain. ✅ChatGPT As Supply Chain and Procurement practitioners always looking for ways to make our work more effective and efficient, my prediction is that the use of ChatGPT will trend upward. ✅Dashboards for Communication with Stakeholders Data visualizations like those from PowerBI will be on the rise because they have different levels of aggregations so your stakeholders can see only what they are looking for. ✅Sustainability Sustainability has been trending in the most recent years. I think 2024 will not be the exception....
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Top Inventory Management Metrics that Every Supply Chain Professional Must Know
Adventures in Supply Chain
Ready to know the top 10 inventory management metrics that everyone in supply chain and procurement must know. In this video you will know the top metrics, the meaning, and calculation. Everything is here. #1 Inventory Days of Supply #2 Inventory Turnover #3 Cash to Cash Cycle #4 Return on Working Capital #5 Inventory Carrying Cost #6 Cost of Goods Sold (COGS) #7 Obsolescence for Raw Material, WIP, and Finished Goods Inventory #8 Perfect Customer Order Fulfillment #9 Inventory Accuracy #10 Customer Order Fulfillment Cycle Time Bonus Tip: For Free and Actionable Resources, please...
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5 Secrets for Effective Inventory Management
Adventures in Supply Chain
Inventory has a tremendous impact on your profit and loss statement and balance sheet. If it's not properly balanced against demand, it's hard for companies to serve customers, which can lead to problems. For example, Nike's difficulty with responding to supply chain issues and inflation that's negatively impacted its profit. On the other side, because of low inventory led to the company to file for bankruptcy after 90 years in business. In this episode, we will unveil 5 secrets for effective inventory management: Secret #1 – Increase Your Visibility Secret #2 – Focus on Better...
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Inventory: Asset or Evil for Financial Performance in S&OP/ IBP?
Adventures in Supply Chain
Tim Cook—Apple’s CEO—says that inventory is “fundamentally evil”. In Accounting, inventory is an asset. This means a resource that the company expects to generate future benefits. It seems that Cook and Accounting views are in conflict. Who’s right: Apple’s CEO or Accounting? To answer this question, listen to this video and know the impact of inventory on the financial statements in S&OP/ IBP. For Free and Actionable Resources, please visit
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The #1 Secret for a Successful Sales and Operations Planning Implementation
Adventures in Supply Chain
Sales and Operations Planning (S&OP) has been around since the late 1980’s. However, a handful of companies only are successful in this cross-functional process that “integrates demand, supply, operations, and financial planning into one game plan for business.” This is the definition by the . It is unfortunate that most organizations are just capturing a small fraction of the potential benefits of S&OP. In this episode, we are going to cover: - Benefits of S&OP/ IBP - 5...
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What is Working Capital and Cash Flow? Explained for Supply Chain Professionals
Adventures in Supply Chain
Walmart has a negative working capital. Coca-Cola has a positive working capital. Which company is doing better? Another question for you. Being in Supply Chain and Procurement, how can you improve working capital? In this video we are going to cover: What’s working capital? What’s the difference with cash? What are the metrics we can use? How can we improve working capital? What’s the impact of inventory on working capital? For Free and Actionable Resources, please visit
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Top 10 Financial Metrics that Everyone in Supply Chain Must Know
Adventures in Supply Chain
Ready to know the top 10 financial metrics that everyone in supply chain and procurement must know? In this episode you will know the top metrics, the meaning, and calculation. Everything is here. Top 10 Financial Metrics for Supply Chain Professionals #1 – Gross Margin #2 – Operating Profit Margin #3 – EBITDA #4 – ROA #5 – Inventory Turnover Ratio #6 – Days Sales in Inventory #7 – Accounts Receivable Turnover Ratio #8 – Accounts Payable Turnover Ratio #9 – Working Capital Ratio #10 – Operating Cash Flow Ratio For Free and Actionable...
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What are the differences between S&OP and IBP?
Adventures in Supply Chain
What is the Difference Between Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP)? Is that the right question? Or should we ask if there are any differences between S&OP and IBP. In this episode we will dive into the key aspects of S&OP and IBP, compare them against each other for you to decide if they are different. We will cover the following aspects: -Focus -Scope -Execution -Approach -Language For Free and Actionable Resources, please visit
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What is Cash Flow: Explained for Supply Chain Professionals
Adventures in Supply Chain
I am not an Accountant; Why do I need to know about cash flow if I am in Supply chain, I am in planning, S&OP? Fair question. To advance in your career and improve in your sales and operations planning or in integrated business planning, you need to know the language of the business. And that language is Finance and Accounting. In this episode, you will learn about the Cash Flow Statement and its key components so you can understand the impact of operations on a fundamental financial statement and think like the CEO and CFO. After all, cash is king. For...
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What is the P&L: Explained for Supply Chain Professionals
Adventures in Supply Chain
The Profit and Loss Statement or P&L? Why do I need to know about that if I am in Supply chain? These are valid questions. Supply Chain is not Finance or Accounting. But, we need Finance and Accounting to be successful in Supply Chain careers and to improve in sales and operations planning or in integrated business planning. It is the language of the business. In this episode, you will learn about the Profit and Loss Statement (P&L) or Income Statement and its key components so you can understand the impact of operations on a fundamental financial statement and think...
info_outlineAdventures in Supply Chain podcast is pleased to present this video episode of the "Coronavirus and Supply Chain Series" with Chris Richards, International Sales Manager at Steam Logistics, one of the fastest growing companies in accordance to Inc. Magazine's List of America's Fastest Growing Companies
In this episode, we talked about:
- What is involved in international logistics? What are the elements that need to be considered?
- What are the top trends, opportunities, and challenges?
- What is the impact of COVID-19? What are the major changes in ocean and air freight?
- How can companies be more prepared for these challenges?
- What is the importance of technology and data on international logistics? How can you have visibility and react immediately when issues arise considering that there are different companies in the supply chain?
- What are your thoughts or how do you see the Holiday Season and Chinese New Year from an international logistics perspective? How is going to be different?
This episode is sponsored by USM Supply Chain. USM stands for Unstoppable, Scalable, Mindful Supply Chain. Check us out at usmsupplychain.com to scale up your profits together with your supply chain.