Gazi Sanaul Hasan

Keywords are key to having your resume noticed! With the increasing prevalence of scanning technology, employing keywords in a resume to attract maximum attention by a human and/or computer scanner  has become a critical component of building an attention getting resume. Keywords are the terms deemed by the employer to represent the essential job attributes. Each industry and profession has specific keywords. Companies and recruiters are searching resumes for specific keywords and key phrases to find the candidates with the skills, qualifications and expertise to fulfill the job requirements. Incorporating keywords into a resume and cover letter help you to secure optimum attention and outperform your competition. The top 48 keywords in Supply Chain / Logistics are: Asset Management Capital Budget Change Management Continuous Improvement Contract Negotiations Cost Reduction Customer Service Customs Compliance Demand Planning Distribution Management Facility Management FAR / DAR Fl...

When businesses don’t have a handle on the activity of their inventory, or worse, track it with outdated spreadsheets and data entry, the rest of the pieces, like order fulfilment, don’t fall into place. When you don’t know how much inventory you have on hand, you can’t make smart reorder decisions. 3 Inventory Management Techniques Safety stock inventory Safety stock inventory management is extra inventory being ordered beyond expected demand. This technique is used to prevent stock outs typically caused by incorrect forecasting or unforeseen changes in customer demand. FIFO and LIFO LIFO and FIFO are methods to determine the cost of inventory. FIFO, or First in, First out, assumes the older inventory is sold first. FIFO is a great way to keep inventory fresh.LIFO, or Last-in, First-out, assumes the newer inventory is typically sold first. LIFO helps prevent inventory from going bad. Just-in-time inventory management Just-in-time (JIT) inventory management is a technique that arrange...

  5 KEY SUPPLY CHAIN MODELS AND METHODS 1. DESCRIPTIVE ANALYTICS This is the best type of supply chain management analysis that you can use to check out the past performance of the supply chain. It will tell you what has happened, so you can check if the results are matching with your plans and objectives. This method uses data mining to gather raw information from the supply chain. Summarizing it and presenting it in a compact form will allow you to get a clear image of the desired period in the past. 2. PREDICTIVE ANALYTICS If you want to see what might happen in the future, this is the method you should use. As the name suggests, predictive analytics will form potential scenarios that may take place in a month, two, a year from now. Although it is never guaranteed that they will happen exactly as predictive by this method. Even so, you will know what to expect, in a significant proportion, so you can adjust your plans accordingly. 3. PRESCRIPTIVE ANALYTICS In case you want to se...

Retail Supply Chain & Industry 4.0 It’s to be expected that retail offer chains within the next ten to fifteen years are going to be hotbeds of disruption. The net and e-commerce have started a revolutionary method that’s gone approach on the far side adding some additional sales and provide the channel for shoppers. In fact, the business of meeting retail demand could be added simply mapped to a matrix than a clearly outlined, end-to-end chain. Retailers and their suppliers should initiate to adapt, which implies rethinking relationships, collaborating in a very important approach, learning to harness the Omni-channel construct, and driving technology development in addition as investing what’s on the market. Retailers ought to think about implementing these 5 initiatives into supply chain: Incentivize with free shipping  Free shipping continues to be the highest driver of e-commerce, with nearly ninety % of customers news that it might build them look additi...

‘How to open an LC’ by buyer “procedures to open a Letter of Credit” You (MR. A) entered into a contract with your overseas supplier to import machinery for production at your factory. As per your contract each other, you (MR. A) need to open a Letter of credit (LC). In this case, Letter of credit is opened by your bank (or other opening banks example: DBBL )  and beneficiary of the letter of credit is your overseas seller of machinery. Letter of credit is a guarantee given by DBBL bank (not you) to your buyer’s bank on account of your buyer. The amount under LC is transferred as per the terms and conditions mentioned in Letter of credit.   Procedures to open a Letter of Credit MR. A can approach DBBL bank to open a Letter of credit. The concerned officer at DBBL bank helps you in filling up the necessary application to open an LC. Since the LC is opened on the basis of your purchase contract, a copy purchase order/export contract has to be produced wit...