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When businesses don’t have a handle on the activity of their inventory, or worse, track it with outdated spreadsheets and data entry, the rest of the pieces, like order fulfilment, don’t fall into place.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...

ASYCUDA is a computerized customs management system which covers most foreign trade procedures. The system handles manifests and customs declarations, accounting procedures, transit and suspense procedures.  It generates trade data that can be used for statistical economic analysis. The ASYCUDA software is developed in Geneva by UNCTAD. ASYCUDA takes into account the international codes and standards developed by ISO (International Organisation for Standardisation), WCO (World Customs Organization), eg. Data Model, and the United Nations.  It can be configured to suit the national characteristics of individual Customs regimes, National Tariff & legislation. ASYCUDA provides Electronic Data Interchange (EDI) between traders and Customs using prevailing standards such as XML. There are three generations of ASYCUDA in use: ASYCUDA version 2.7, ASYCUDA++, and ASYCUDA World. -Gazi Sanaul Hasan 

Hey I Need the LR Copy! The most common question for supply chain professionals. The sharing is for the folks who are newer in this area. LR- Lorry Receipt (LR) or Goods Receipt(GR)   LR number represents a receipt which is known as Lorry Receipt (LR) or Goods Receipt(GR) in case of goods transport by road which is handed over to a transporting agency or carrier.The other receipt term depends on transportation facilities By rail/train- RR: Railways Receipt By sea- BL: Bill of lading By air- AWL: Air Way Bill LR also called “Bilti” in Hindi.his receipt is either in 3 copies or 5 copies i.e. Consignee copy, Driver Copy, Consigner Copy, and File Copy. This receipt is made by the Transporter once the material is loaded on the vehicle for Delivery. The best example is: 1. Let assume my self as a battery maker. I am the manufacturer, I want to send my goods to various parts of states/districts within the country. I want to approach a proper lorry owner/association to transport my goods. ...

Warehouse Vs. Warehousing  Warehouse is a warehouse is a commercial building that’s used to store goods, they’re mainly used by manufacturers, importers, exporters, wholesalers, and transport businesses, to name a few. Warehouses are used for storage, and storage only. They’re usually large plain buildings in industrial areas. They have loading docks to load and unload goods, but that’s usually the extent of the activity that goes on in a warehouse. They can be designed to receive goods directly from railways, airports, or seaports, and are usually equipped with cranes and forklifts for moving and organizing goods. Some warehouses are temperature controlled, making them well-suited for storing groceries, other perishables, and other materials including raw materials, packing foods, spare parts, and more. While warehouses can be useful to some, not all retailers use them since they’re better suited for those searching for a more long-term storage option. A warehou...

Supply Chain Management strategy planning and operation"  by "Sunil Chopra, Peter Meindl, and D.V. Kalra". In NITIE (the mecca of supply chain) this book is considered as Bible of supply chain and really helps to understand the concept of the supply chain, strategy framework, planning and operational decisions within Supply chain.   Best books of Supply Chain Management & Logistics Essentials of Supply Chain Management by Michael H. Hugos Logistics and Supply Chain Management by Martin Christopher Designing and Managing the Supply Chain by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi Purchasing and Supply Chain Management by Robert Monczka, Robert Handfield, Larry Giunipero and James Patterson Logistics Management and Strategy: Competing through the Supply Chainby Alan Harrison and Remko Van Hoek Manufacturing Planning and Control for Supply Chain Management by F. Robert Jacobs, William Berry, D. C...

What is Cargo Insurance? A document indicating the type and amount of  insurance coverage  in force on a particular  shipment . Used to assure the  consignee  that insurance is provided to cover loss of or damage to the  cargo  while in transit. In some cases a  shipper  may issue a document that certified that a  shipment  has been  insured  under a given open policy, and that the certificate represents and takes the place of such open policy, the provisions of which are controlling.  Because of the objections that an instrument of this kind did not constitute a “policy” within the requirement of letters of credit, it has become the practice to use a  special marine policy . A  special marine policy  makes no difference to an open policy and stands on its own feet as an obligation of the underwriting company. Also called  insurance certificate  and special  cargo  policy. ...

Inventory management is a complex process, particularly for larger organizations, but the basics are essentially the same regardless of the organization's size or type. In inventory management, goods are delivered to the receiving area of a warehouse in the form of raw materials or components and are put into stock areas or shelves. Compared to larger organizations with more physical space, in smaller companies, the goods may go directly to the stock area instead of a receiving location, and if the business is a wholesale distributor the goods may be finished products rather than raw materials or components. The goods are then pulled from the stock areas and moved to production facilities where they are made into finished goods. The finished goods may be returned to stock areas where they are held prior to shipment, or they may be shipped directly to customers. Track the bestsellers or the high sellers   An advantage of optimizing your inventory management for warehouses is ...

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...