Learn Supply Chain Management – Beginner to Expert.
Cheat Sheet Expanded Below:
🔹 1. Supply Chain Fundamentals
🔹 2. Supplier Management and Procurement
- Procurement Process
- Supplier Development
- Strategic Sourcing Cheat Sheet.
- Supplier Performance and Evaluation
- Supplier Relationship Management
- Supplier Collaboration
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Global sourcing & risk
🔹 3. Logistics & Transportation
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Modes of transport (air, ocean, rail, truck)
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Incoterms and shipping documentation
🔹 4. Inventory Management
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Types of inventory (raw, WIP, finished)
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EOQ, safety stock, reorder points
- Inventory Costing Methods: FIFO, LIFO, WAC, Inventory ID.
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Inventory turnover & metrics
🔹 5. Warehousing & Distribution
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Picking, packing, shipping
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3PL/4PL providers
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Cross-docking, drop shipping
🔹 6. Demand Planning & Forecasting
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Forecasting methods (qualitative vs quantitative)
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Forecast accuracy (MAPE, MAD)
🔹 7. Supply Chain Strategy & Design
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Centralized vs decentralized supply chains
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Make vs buy decisions
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Global supply chain design
- Supply Chain Planning
🔹 8. Risk Management & Resilience
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Business continuity planning
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Supplier risk management
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Cybersecurity in supply chain
🔹 9. Lean, Six Sigma, & Continuous Improvement
- Continuous Improvement Tools for Supply Chain.
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DMAIC methodology
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Quality control in supply chains
🔹 10. Technology in Supply Chain
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WMS, TMS, and MES systems
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AI, IoT, Blockchain in supply chain
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Automation & robotics
- Supply Chain AI
🔹 11. Sustainability & ESG
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Green logistics
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Carbon footprint measurement
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Ethical sourcing
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Circular supply chains
🔹 12. Supply Chain Analytics
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KPI dashboards
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Descriptive, Predictive Analytics, prescriptive analytics
- Supply Chain Transparency
- Data Driven Decision Making in Supply Chain
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Tools: Excel, Power BI, Python, SQL
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Supply Chain Quotes
- “The most important thing in communication is hearing what isn’t said.” ~Peter Drucker, Father of Modern Management.
- The wise warrior avoids the battle. ~Sun Tzu, The Art of War.
- “Freight mobility and movement, while not a sexy policy issue, is a highly important one. Capacity constraints and congestion on our nation’s freight rail system create many problems.” ~Bill Lipinski
- “The right focus for the U.S. is on advanced manufacturing – something that requires innovation.” ~Tim Cook, CEO of Apple.
- “A negotiator should observe everything. You must be part Sherlock Holmes, part Sigmund Freud.” ~Victor Kiam
- “Artificial intelligence will revolutionize supply chain in ways that haven’t even thought of yet.” ~Dave Waters
- “We could go away at any minute. I think most of us act that way every day. If you’re not willing to fail — and we are failing at some things — you’re going to go away.” ~Doug McMillon, CEO of Walmart.
- “Automation is cost cutting by tightening the corners and not cutting them.” ~Haresh Sippy
- “I’d rather interview 50 people and not hire anyone than hire the wrong person.” ~Jeff Bezos, Founder of Amazon.
- “Only those who are asleep make no mistakes.” ~Ingvar Kamprad, founder of IKEA.
- “Top management should publish a resolution that no one will lose his job for contribution to quality and productivity.” ~W. Edwards Deming
- “Progress cannot be generated when we are satisfied with existing situations.” ~Taiichi Ohno, Father of the Toyota Production System.
- “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” ~Warren Buffett, CEO of Berkshire Hathaway.
- “Pay attention to negative feedback and solicit it, particularly from friends. hardly anyone does that, and it’s incredibly helpful.” ~Elon Musk.
