Gazi Sanaul Hasan

  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...

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 

While the standards of typical supply chain management are known to most business owners, a new wave of lean supply chain management is becoming more popular for a variety of reasons . LEAN SUPPLY CHAIN DEFINITION Understanding lean supply chain definition starts with what effective supply chain management hopes to accomplish. In general, what is lean supply chain starts with operating on the same principles of efficiency, but emphasizes overall quality. This means a reduction of defective goods to zero, lowering waste, and increasing efficiency as a result. The idea behind lean supply chain management is to emphasize a lower number of returns by customers so that every product that is sold is kept. By reducing quality control issues and having to handle customers with their returns, lean supply chain management reduces overall expenses. CHARACTERISTICS OF LEAN SUPPLY CHAIN The characteristics of lean supply chain management start with the products themselves. An examination of why de...

Excel abilities are useful in many areas of business, and in the supply chain, excel is used for data evaluation, calculations, inventory tracking, demand planning, scheduling, and many other functions. For the supply chain professional, Excel abilities are a must-have for breaking down large or complex tasks into smaller bite-sized pieces. Below is a shortlist of six essential Excel skill types that supply chain professionals should have if they want to advance their careers. VLOOKUP  Short for ‘vertical lookup,’ VLOOKUP is a function that enables the search of a column for a certain value so that a related value can be returned. To use VLOOKUP, select the cell for the formula output, enter the cell with the value you want to find, enter the range of columns and finally enter the number of the column where the related value is found. The formula should then output a result based on your search parameters. Relative Reference Cells  Produced by default, relative references chan...

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. ...

What is Supply Chain Disruption ? A supply chain is a network of people, organizations, and activities that move a product from a supplier to a final customer. A supply chain disruption is any sudden change or crisis be it local or global that negatively impacts that process. You can think of supply chains as a series of interconnected parts like, well, a chain. In complex manufacturing, you may have also seen different tiers of a supply chain illustrated as a pyramid. 5 Types of Supply Chain Disruptions There are many different types of supply chain disruptions. When you look at disruption, there are two things you have to look at 1) what is the probability and 2) what is the severity. This will vary depending on your supply chain and your industry. Here are some of the reasons your supply chain might see an impact. 1. Pandemics:  We’ve seen in recent weeks and months how COVID-19, the novel coronavirus outbreak, has impacted global supply chains. The effects of...

Supply chain management is a growing field and a satisfying profession, as a recent survey from the Association for Supply Chain Management (APICS) found that 96 percent of those surveyed were highly satisfied with their career in SCM, with an average rating of 8.4 out of 10. The survey also found that it pays to get certified. SCM pros with at least one certification get paid on average 19 percent more than those who aren’t certified, and those with two or three certifications earn salaries that are 39 percent and 50 percent higher than the median, respectively. Top 8 SCM certifications APICS Certified Supply Chain Professional certification (CSCP) - Exam fee:  $695 for Plus members, $965 for Core and non-members APICS Certified in Production and Inventory Management (CPIM) - Exam fee:  $495 per exam for Plus members, $690 per exam for Core and non-members APICS Supply Chain Operations Reference (SCOR-P) Endorsement - Exam fee:  The exam is...