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

Supply Chain Management is critical to many organizations and their operations. Knowing all the terms, definitions and key concepts used around supply chain management and how they apply to your organization can help foster success. In this video I cover the top terms and concepts that are critical to understand in a supply chain atmosphere.
#supplychain #logistics #procurement
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[@goodrayoflight9135]

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

[@kunalaher6498]

Thank you for explaining the concepts. Very well explained.

[@jamesward1105]

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

[@HS-sr9ww]

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

[@Aspafam123]

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

[@princessindigo]

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

[@sime-ipiridon-pedro7691]

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

[@presciouszintambira8317]

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!!!

[@sanyaaruwaji7624]

The explanation was very clear and precise. Thanks.

[@HidekzdLiscano]

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

[@silviamelendez4196]

Great explanation, thank you!

[@jenniferboateng2445]

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

[@Dave-bz3lr]

Very crisp and well defined

[@felixlusunguzgambo981]

Well elaborated and insightful

[@daisygallegos9911]

Thank you for making this video! 🙌🏼🙌🏼

[@anointedking6960]

Very informative content, thanks for the knowledge

[@LoveOfGodtohumanity]

Great teaching, good job

[@elrey2r]

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!

[@erickimberling]

Glad to help and thanks for subscribing!

[@dmckinseyandassociates1529]

well done.

[@zaiyuanlu8751]

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

[@erickimberling]

I appreciate that!

[@francisjuarez7342]

Wow this is amazing just looking into getting in supply chain

[@andreaunger145]

Wow very useful thank you!

[@BenMandaragatTV]

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

[@anatamez1044]

Thanks for this video, is very useful

[@xondeez757]

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]

So true

[@kondaniriche8372]

very useful thank you so much

[@alexriv1pr]

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 .

[@bc.oO0Oo.]

Very helpful thanks

[@chukwukosolu]

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

[@SiyabongaMalinga]

Thank you Eric, love from S.A

[@jimharrisntangsi1647]

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

[@rizkiadinda1182]

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

[@GGsupply]

amazing content!

[@ulisesmedina3150]

Thanks, interesting

[@mikekellim9069]

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

[@erickimberling]

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

[@elhama.3278]

Great effort & content. Thanks a lot for sharing

[@erickimberling]

Glad you liked it!

[@dampfkaffee]

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!

[@kalagarudhrateja6698]

Thank you very much

[@erickimberling]

Of course!

[@lf8038]

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]

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.

[@clumsydad7158]

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

[@erickimberling]

Glad it was helpful!

[@tumukulatireedgar6472]

Good job

[@mariorivera6292]

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..

[@BenMandaragatTV]

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

[@greatemc832]

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.

[@nandhutty47]

Very useful

[@erickimberling]

Thanks for watching! Glad it was helpful.

[@benlai9419]

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.

[@alraidernation5128]

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?

[@MrHelmiaziz]

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

[@confidential303]

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.

[@martinlauture3003]

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

[@erickimberling]

My new book is coming out in Aug! Stay tuned

[@mrd9911]

Really well described! Thanks!

[@MohamedElsheikh85]

Can you tell me about Ranking

[@marcoarcifa4901]

Electronic Data Interchange (EDI)

[@mohamadalhawary6975]

Music is very loud snd inappropriate

[@HidekzdLiscano]

The explanation was very clear and precise. Thanks.

[@erickimberling]

Thank you!

[@HidekzdLiscano]

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

[@erickimberling]

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

[@HidekzdLiscano]

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