Thank you. My confusion is that the reorder point = reorder point = (Average Daily Usage×Average Lead Time) + Safety Stock and Safety stock = (Maximum Daily Usage×Maximum Lead Time) − (Average Daily Usage×Average Lead Time). So basically the recorder point is equal to (Maximum Daily Usage × Maximum Lead Time) right? Then what is the point of calculating the safety stock? Safety stock = 60 - 30 = 30. reorder point = 30 + 30 = 60. I have been stuck on this part for a while, please help. Thank you so much.
Hey man love your videos! I’m 23 and a warehouse lead based in NJ. I have two ideas for a video. Maybe a video on how to be a lead? Haha or like the leadership structure of a warehouse For example: how do u delegate work, how do u handle people slacking performance wise, making mistakes, or taking long breaks.
Good luck with that! I worked the leadership role for 22 years and walked away recently. The drive, passion, and work ethic is gone. Constructive feedback is now taken as harassment. If you stick around; then adapt to a " servant leader " leadership style. It is a thing, and effective.
@@bassingthrough Thanks for this comment. I totally agree that this one of the hardest times in history to be a manager. Everyone gets all upset/up in arms whenever you give constructive criticism. I think you made the right move. I think that the servant-leader route is valid for this type of role.
@@bassingthrough I’ve definitely noticed that. Very few workers are willing to work extra hard. Most want to do the bare minimum and go home. I’ll look into the “servant-leadership” style you talked about! Thanks guys! 🙏🏼
So true. I didn't incorporate it into the video because I wanted to make something simple. That being said this is a necessity. Thank you so much for your comment. It is appreciated :)
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Thank you so much. I just started my business in Distribution and added 1 view to each of your video.
Very clear, thanks for sharing that
You are welcome.
Thank you. My confusion is that the reorder point = reorder point = (Average Daily Usage×Average Lead Time) + Safety Stock and
Safety stock = (Maximum Daily Usage×Maximum Lead Time) − (Average Daily Usage×Average Lead Time). So basically the recorder point is equal to (Maximum Daily Usage × Maximum Lead Time) right? Then what is the point of calculating the safety stock?
Safety stock = 60 - 30 = 30.
reorder point = 30 + 30 = 60.
I have been stuck on this part for a while, please help. Thank you so much.
Do you have a video on how to get distribution rights? And exclusivity rights?
Not yet. Will talk it over with the team next week and see what we can do :)
@@Laceupsolutions thanks man! I think this will be a good one for you/us.
Great video
Those formulas should be on slides
Agreed. I told the editing team moving forward :)
Hey man love your videos! I’m 23 and a warehouse lead based in NJ. I have two ideas for a video. Maybe a video on how to be a lead? Haha or like the leadership structure of a warehouse
For example: how do u delegate work, how do u handle people slacking performance wise, making mistakes, or taking long breaks.
Good luck with that! I worked the leadership role for 22 years and walked away recently. The drive, passion, and work ethic is gone. Constructive feedback is now taken as harassment.
If you stick around; then adapt to a " servant leader " leadership style. It is a thing, and effective.
Great idea. Let me think about how to make something of value for you :) Thank you so much for your comment. I appreciate you!
@@bassingthrough Thanks for this comment. I totally agree that this one of the hardest times in history to be a manager. Everyone gets all upset/up in arms whenever you give constructive criticism. I think you made the right move. I think that the servant-leader route is valid for this type of role.
@@bassingthrough I’ve definitely noticed that. Very few workers are willing to work extra hard. Most want to do the bare minimum and go home.
I’ll look into the “servant-leadership” style you talked about! Thanks guys! 🙏🏼
@@colino5056 anytime bro. Also look into difficult conversations.
Do you have products in uk i need bulk inventory for my warehouse in london can you help me?
Great question. I don't my friend. All of my distributors are here in US and a few in South America. Wish I could be more help.
This is good you do need to consider shelf life /product expiration of your product
So true. I didn't incorporate it into the video because I wanted to make something simple. That being said this is a necessity. Thank you so much for your comment. It is appreciated :)