Top 10 Supply Chain Terms and Definitions [Procurement, Logistics, Warehouse Management, etc.]

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  • Опубликовано: 16 янв 2025

Комментарии • 90

  • @Aspafam123
    @Aspafam123 10 месяцев назад +6

    Great presentation: Simple. Clear (even for one not within SCM). Targeted. Thanks Eric!

  • @goodrayoflight9135
    @goodrayoflight9135 Год назад +5

    Thank you! Hearing you speak really opened my eyes to the lingo in logistics and supply chain. Very helpful!

  • @jamesward1105
    @jamesward1105 2 года назад +37

    Great video. I only work as a forklift driver in a car part warehouse but find warehouse logicists fascinating

    • @HS-sr9ww
      @HS-sr9ww Год назад +3

      you should learn and become a procurement officer ! you can do it!

    • @brandenthornton7937
      @brandenthornton7937 Месяц назад

      You should open your own warehouse one day!

    • @elbt101
      @elbt101 17 дней назад

      Not "only" and you're vital!

  • @sime-ipiridon-pedro7691
    @sime-ipiridon-pedro7691 Год назад +6

    Wow what an in-depth teaching. I am currently studying supply chain management and i find this lecture very interesting and educative. Thank you

  • @xondeez757
    @xondeez757 Год назад +25

    one thing that confuses the hell out of me is how supply chain gets mixed up with every department which then in turn means that those that work in supply chain literally needs to understand EVERY department and what they need. every single department in a company deals with supply chain

    • @jaisawanksta
      @jaisawanksta 10 месяцев назад +1

      So true

    • @mageshchandran8107
      @mageshchandran8107 5 месяцев назад

      Because other department functions connects the customer indirectly but scm connects directly

  • @elrey2r
    @elrey2r Год назад +10

    Eric, I wanted to comment and share my appreciation for how you've interpreted this video in a way that someone like me, an IT professional venturing into business, has easily understood and captured the concepts you've presented. Liked and subscribed!

  • @AvtarSinghHistory
    @AvtarSinghHistory Месяц назад

    Always enjoy your explanations. Simple. Clear and targeted and explained well.

  • @zaiyuanlu8751
    @zaiyuanlu8751 Год назад +2

    Really great quality content. Eric, you are doing a great job!

  • @macqtubepass
    @macqtubepass 3 месяца назад +3

    EDI = Electronic Data "Interchange"

  • @chigozie8658
    @chigozie8658 4 месяца назад +1

    Thanks so much, Sir! This is very helpful. God bless you more and increase your capacity as you pour on us.🙏🥰
    You're an exceptional teacher - calm, eloquent, and straight to the point.👌👏👏🙏✨

  • @BertrandBagamang
    @BertrandBagamang Месяц назад

    thanks for having you as a lecturer .

  • @kunalaher6498
    @kunalaher6498 3 года назад +3

    Thank you for explaining the concepts. Very well explained.

  • @makkadeshkombase5956
    @makkadeshkombase5956 4 дня назад

    I needed this❤😊

  • @sanyaaruwaji7624
    @sanyaaruwaji7624 2 года назад +1

    The explanation was very clear and precise. Thanks.

  • @felixlusunguzgambo981
    @felixlusunguzgambo981 Год назад +1

    Well elaborated and insightful

  • @sajlinasherin4053
    @sajlinasherin4053 2 месяца назад

    I came across this video on supply chain terms and definitions, and it surprised me. The perspective offered is both enlightening and captivating. If you're passionate about procurement, logistics, warehouse management, or supply chain as a whole, you should check this out-there are some real gems here that might change your viewpoint!

  • @princessindigo
    @princessindigo 2 года назад +2

    Yes helpful! Thanks for listing them out concisely. I already knew what was required but didn't have the exact terminology to work with. I'll look out for your other videos

  • @presciouszintambira8317
    @presciouszintambira8317 Год назад

    This is the most amazing episode in supply chain management I like it, very educative especially to someone doing supply chain business and studies. Keep it up!!!

  • @silviamelendez4196
    @silviamelendez4196 2 года назад +1

    Great explanation, thank you!

  • @mikekellim9069
    @mikekellim9069 3 года назад +9

    Great video - suggest to add Forecasting/Demand Planning, MRP and MRO

    • @erickimberling
      @erickimberling  3 года назад +5

      Thanks, Mike. I may need to do a part 2 to capture everything I didn’t get to in this video!

  • @Inyosi888
    @Inyosi888 Год назад +1

    Thank you Eric, love from S.A

  • @alexriv1pr
    @alexriv1pr 2 года назад +3

    I'm in the Supply Chain business (distribution side) and this was a great video with great data. i will like to Know more about the Planning part or the Chain .

  • @dsonneto6074
    @dsonneto6074 Месяц назад

    Very clear and informative information,thsnk u sur im now less ignorant in this subject

  • @brentonkelly3780
    @brentonkelly3780 4 месяца назад

    good video Eric, well done. A good summary.

  • @BenMandaragatTV
    @BenMandaragatTV 2 года назад +2

    Thanks for the video. I'm just starting my job in Supply Chain department.

    • @sergeibaka8607
      @sergeibaka8607 5 месяцев назад

      How’s the job going for you.

  • @LoveOfGodtohumanity
    @LoveOfGodtohumanity 2 года назад +1

    Great teaching, good job

  • @yumadaisy
    @yumadaisy 2 года назад +1

    Thank you for making this video! 🙌🏼🙌🏼

  • @elhama.3278
    @elhama.3278 Год назад +1

    Great effort & content. Thanks a lot for sharing

  • @gopalavarmanallaparaju2065
    @gopalavarmanallaparaju2065 4 месяца назад

    Great content, thank you

  • @francisjuarez7342
    @francisjuarez7342 Год назад

    Wow this is amazing just looking into getting in supply chain

  • @clumsydad7158
    @clumsydad7158 2 года назад +4

    great overview... this is probably a 1 semester class in 15 minutes, haha, gracias

  • @rizkiadinda1182
    @rizkiadinda1182 2 года назад +1

    Very clear and helpful! Btw I'm distracted by fluffy tail at minute 8.50 😅

  • @LeticiaLima-ge2ll
    @LeticiaLima-ge2ll 5 месяцев назад

    what an amazing video! love it

  • @andreaunger145
    @andreaunger145 2 года назад +2

    Wow very useful thank you!

  • @anointedking6960
    @anointedking6960 2 года назад +1

    Very informative content, thanks for the knowledge

  • @kondaniriche8372
    @kondaniriche8372 8 месяцев назад

    very useful thank you so much

  • @chukwukosolu
    @chukwukosolu Год назад

    Great video with a lot of useful information, the best part is the presenter never asked for a like or subscription

  • @peterboshe6217
    @peterboshe6217 6 месяцев назад

    I love how you do not break concentration when the pup crosses the room 😂

  • @lf8038
    @lf8038 2 года назад +6

    Great video, thank you for sharing. What are some skills or knowledge that you would recommend to someone pursuing a degree on supply chain management to better prepare and ultimately be more marketable in this field?

    • @artem8193
      @artem8193 2 года назад +1

      I am a nobody but in my opinion you should let the specialists do the marketing because its a very complex and analytical concept of mathematics towards trends and accumulation of data. The one good thing about supply management is the ability to connect point A with point B and organize, with that in mind we do have an ability to assemble good teams of people (organize) and ultimately I am learning chain of supply to get that foundation of connecting and organizing to do that exactly. So in my opinion you should try yourself a little bit as your own HR and see what happens next! Experimenting is everything. Dont forget to be creative in the process because solving standard things in a nonstandard fashion is key.

  • @Dave-bz3lr
    @Dave-bz3lr 2 года назад

    Very crisp and well defined

  • @elbt101
    @elbt101 17 дней назад

    Thanks

  • @nandhutty47
    @nandhutty47 Год назад +1

    Very useful

  • @greatemc832
    @greatemc832 Год назад +1

    Hi Eric,
    I'm glad and blessed to learn from your wealth of experience.
    I value your composure, the fluency in your boldness while delivering this lecture.
    It's been helpful for my new role as an Executive Assistant to the MD of a manufacturing company here in my country.
    Thanks.

  • @tumukulatireedgar6472
    @tumukulatireedgar6472 Год назад +1

    Good job

  • @jenniferboateng2445
    @jenniferboateng2445 2 года назад

    Thanks for this video, it's been helpful. Hoping to watch more of these to acquire the requisite knowledge needed.

  • @HidekzdLiscano
    @HidekzdLiscano Год назад

    Very clear and helpful! Btw I'm distracted by fluffy tail at minute 8.50

    • @erickimberling
      @erickimberling  Год назад

      Ha, that was the downside of filming at home with my dogs during Covid!

  • @bc.oO0Oo.
    @bc.oO0Oo. 2 года назад

    Very helpful thanks

  • @kalagarudhrateja6698
    @kalagarudhrateja6698 3 года назад +1

    Thank you very much

  • @martinlauture3003
    @martinlauture3003 Год назад +1

    Hi Eric , Very good explanation. by the way on you have any support like books writing on that? I'm interesting...

    • @erickimberling
      @erickimberling  Год назад

      My new book is coming out in Aug! Stay tuned

  • @MrHelmiaziz
    @MrHelmiaziz Год назад

    Hello eric. How are u ?
    SUPPLY CHAIN MANAGEMENT (SCM) is a prosess of managing the goods, data & finance of an organization starting from the procurement of raw material turning into finished goods to be sent to the consumer. With multi-modal logistic the goods will definitely be send to consumer on schedule

  • @BenMandaragatTV
    @BenMandaragatTV 2 года назад

    Mr. Eric, just want to ask if you have sample Logs video in SUPPLY CHAIN?

  • @anatamez1044
    @anatamez1044 2 года назад

    Thanks for this video, is very useful

  • @dampfkaffee
    @dampfkaffee Год назад

    You have way too many weaker clips at the channel. This one might be one of the few where you are talking really straight forward and precise. You display deep expertise about supply chains. 👍More!

  • @GGsupply
    @GGsupply Год назад

    amazing content!

  • @MohamedElsheikh85
    @MohamedElsheikh85 9 месяцев назад

    Can you tell me about Ranking

  • @thak44
    @thak44 7 месяцев назад

    Thank you, I have a midterm in one hour. Just want a quick review.

  • @jimharrisntangsi1647
    @jimharrisntangsi1647 2 года назад

    Great video..quite enlightening. Please, need some ellaboration on the difference between inventory management and warehouse management.

  • @mariorivera6292
    @mariorivera6292 2 года назад

    This was a great video! Well done..
    I have an interview with a manufacturer next week and this was helpful. I was literally pausing the video and reciting what you said out loud, so that it could be imprinted into my brain, in case the interviewer asks me anything. SUBSCRIBED! Haha..

  • @benlai9419
    @benlai9419 Год назад

    The information is very useful! Thank you for sharing. I studied Data Science and I am currently looking to break into Supply Chain Management industry. Any tips? Should I study SCM for master degree? I have zero SC work experience.

  • @ulisesmedina3150
    @ulisesmedina3150 2 года назад

    Thanks, interesting

  • @alraidernation5128
    @alraidernation5128 Год назад

    I’m new to your channel, so, a question I have is should I continue my education in supply chain management degree or am I better off getting a certified for it?

  • @confidential303
    @confidential303 3 года назад +1

    IDE isn't thatf a term of the past when e-commerce wasn't emerge on the more b2c. Databases could then connect with vendor databases and place orders trough applications. Nowadays everything can be done trough webbased transaction. So, is it still called IDE or is the way of placing orders etc changed over the time? I don't have work experience in Supply chain..but I am curious how it was back then and what the current situation is. If my assumptions are wrong , please feel free to correct me.

  • @mrd9911
    @mrd9911 3 года назад +1

    Really well described! Thanks!

  • @marcoarcifa4901
    @marcoarcifa4901 Год назад

    Electronic Data Interchange (EDI)

  • @mohamadalhawary6975
    @mohamadalhawary6975 7 месяцев назад

    Music is very loud snd inappropriate

  • @ИринаКим-ъ5ч
    @ИринаКим-ъ5ч 3 месяца назад

    Hall Lisa Lewis Anthony Harris Anthony

  • @HidekzdLiscano
    @HidekzdLiscano Год назад

    The explanation was very clear and precise. Thanks.

  • @HidekzdLiscano
    @HidekzdLiscano Год назад

    Yes helpful! Thanks for listing them out concisely. I already knew what was required but didn't have the exact terminology to work with. I'll look out for your other videos

  • @HidekzdLiscano
    @HidekzdLiscano Год назад

    Mr. Eric, just want to ask if you have sample Logs video in SUPPLY CHAIN?