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_outlineIn this episode you will learn about the following:
- What is the relocation industry and what does a relocation management company do?
- Is this still a relevant topic post-Covid?
-What goals is an HR department seeking to accomplish by hiring a relocation management company?
- What are some of the challenges a Procurement and HR team face when sourcing relocation management services?
- What are the benefits that an audit can bring?
Our guest, Gary Conerly, has over two decades of experience in the relocation and global mobility industry. Gary is a frequent speaker on various employee mobility topics at regional SHRM and relocation conferences. Having lived on assignment in Latin America for ten years, Gary is very familiar with the challenges faced by both expatriates and their employers. He is fluent in Spanish and has a broad range of expertise in the relocation and global mobility industry.
Gary attributes his success in business to a direct result of his sincere desire to help corporations achieve their goals while maintaining complete visibility and control over all related costs.
This episode is sponsored by USM Supply Chain. USM stands for Unstoppable, Scalable, Mindful Supply Chain. Check us out @usmsupplychain.com to scale up your profits together with your supply chain.