IISCM

IISCM

IISCM is a leader in Supply Chain Consulting, Certifications and Executive Development Programs. IISCM is a unit of Fhyzics Business Consultants Private Limited - an Authorized Channel Partner (ACP) of APICS, USA [Part of the Association for Supply Chain Management, ASCM Network]. Fhyzics offers end-to-end support for Certified Supply Chain Professional (CSCP), Certified in Production and Inventory Management (CPIM) and Certified in Logistics, Transportation and Distribution (CLTD) certifications of APICS, USA. For more details, please visit www.IISCM.org or speak to our consultants at +91-900-305-9000.... Show More

Episodes

This podcast is brought to you by IISCM.

An economy and its activities can be better understood and well planned by using a business classification system. Fhyzics business classification system has four levels. 

Level-1: An economy is divided into sectors. They are primary, secondary, tertiary and quaternary. Indicated as P, S, T and Q based on the first character of the sectors.

Level-2: Each sectors are divi... Read more

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July 21, 2019 51 sec

SCM Sparks brought to you by IISCM

One can improve a supply chain only by knowing the start point and the destination. I mean the current state and the future state of the supply chain. Process mapping is a great technique to capture the current state and define the future state of a supply chain. Microsoft Visio is a most prominent tool which can elegantly present the processes of a supply chain to its minutest details. I... Read more

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SCM Sparks brought to you by IISCM!

For any large organizations, supply chain analyst is an important position to continuously improve the supply chain. Supply chain analysts recognize the symptoms, identify the root causes and recommend the right solutions. They help a supply chain to transform from the current state to a better future state. In other words, they ensure that the supply chain is in alignment with the organ... Read more

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SCM Sparks brought to you by IISCM

For a sound product or service delivery, an organization need to define, measure, analyze, improve and control its inputs, processes and outputs. Supplier certification is a tool to achieve this goal on the input side of an organization. Supplier certification enables an organization to align its suppliers with its quality, cost, flexibility and delivery requirements. A supplier certifica... Read more

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July 12, 2019 1 min

SWOT analysis stands for Strengths, Weaknesses, Opportunities and Threats. Both strengths and weaknesses are about the capabilities of my supply chain. Strength is something that is helping my supply chain to succeed and I should preserve and improve it further. Weaknesses are those capabilities that are acting as bottlenecks. For an e-commerce company, sourcing may be their strength and last mile connectivity could be its weakn... Read more

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July 9, 2019 1 min

You may be an experienced SCM professional or someone who would like to make a career in supply chain. If you would like to update yourself with the current practices in supply chain then I would recommend one book that is CPIM Part-1 Learning System from APICS, USA. The 2019 version contains thirteen sections such as SCM Introduction, manufacturing design, continuous improvement, lean, demand management, master planning, MRP, c... Read more

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July 9, 2019 1 min

Risk creates an uncertainty in achieving the objectives of supply chain. Risk may or may not happen and is a combination of events and consequences. The falling of a 2 kg bolt from a truss is an event and it hits an equipment on the ground is a consequence. So, the same event may give rise to different consequences and severity of the risk may change from no-effect or near miss to fatal accidents. ISO:31000:2018 provides termino... Read more

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July 9, 2019 1 min

Risk creates an uncertainty in achieving the objectives of supply chain. Risk may or may not happen and is a combination of events and consequences. The falling of a 2 kg bolt from a truss is an event and it hits an equipment on the ground is a consequence. So, the same event may give rise to different consequences and severity of the risk may change from no-effect or near miss to fatal accidents. ISO:31000:2018 provides terminolog... Read more

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Traditionally the warehouses were serving as a place to receive the goods, store them for long periods and issue them against the orders from the downstream. Do you think the warehouses continue to serve only these purposes? Don’t you think they have evolved and serving demands of today’s new age businesses and customers? So what are all the value-added functions of modern warehouses? Do you think the delivery hubs of e-commerce... Read more

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The three perspectives of defining inventory. They are types of inventory, functions of inventory and nature of inventory. Raw material, work in process, finished goods inventory, distribution inventory and maintenance, repair and operating supplies (MRO) are the types of inventory. Safety stock, cycle stock, decoupling inventory, transportation inventory, hedge inventory, anticipation inventory, buffer inventory are the functio... Read more

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July 9, 2019 2 min

Hi this is Venkadesh Narayanan from IISCM. This podcast is on the role of Freight Forwarders.

Let us try to understand the role of freight forwarders through an analogy. Assume that I would like to travel from Chennai to Gaborone the capital city of Botswana in the southern part of Africa for a business trip.

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July 9, 2019 2 min

Hi this is Venkadesh Narayanan from IISCM. This podcast is on the role of Freight Forwarders. Let us try to understand the role of freight forwarders through an analogy. Assume that I would like to travel from Chennai to Gaborone the capital city of Botswana in the southern part of Africa for a business trip. To read the full transcript of this podcast, please click here. *****For more details related to Supply Chain Consulting, Ce... Read more

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This is your host Venkadesh Narayanan from IISCM. According to Customs Broker Licensing Regulations, 2018 the applicants shall meet the following eligibility condition to submit the application

1) he is a citizen of India
2) he is a person of sound mind
3) he is not adjudicated as insolvent
4) he holds an Aadhaar number
5) he holds a valid PAN card
 
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This is your host Venkadesh Narayanan from IISCM. According to Customs Broker Licensing Regulations, 2018 the applicants shall meet the following eligibility condition to submit the application1) he is a citizen of India2) he is a person of sound mind3) he is not adjudicated as insolvent4) he holds an Aadhaar number5) he holds a valid PAN card To read the full transcript of this podcast, please click here. *****For more detail... Read more

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July 8, 2019 2 min

Hi, this is Venkadesh Narayanan from IISCM. This podcast is on Customs House Agents.

Import and export is a complex process which involves several stakeholders. In addition to performing a movement of goods from or to the terminal, one has to focus on insurance, packaging and hiring carriers, you also need to file several documents with the customs department.

To read the full transcript of this podcast, ... Read more

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Hi this is Venkadesh Narayanan from IISCM. This podcast is on the list of Executive Development Programs offered by IISCM for corporates.

The duration of IISCM’s Executive Development Programs range from one to three days and are delivered at organisations across India, Middle-East and Africa. These programs are case study based and have a judicial mix of theory and practice. On completion of the program, the partici... Read more

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Hi this is Venkadesh Narayanan from IISCM. This podcast is for young graduates to help them form a career in supply chain. 

As you may be aware that supply chains across India need skilled and qualified manpower to manage its operations. This demand is coming from eCommerce companies, multinational corporations and business houses. I have personally witnessed a steep growth in demand for supply chain professionals both at ... Read more

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July 2, 2019 5 min

Hi this is Venkadesh Narayanan from IISCM. This podcast is on why a supply chain professional need to pursue supply chain certification?

At the beginning of 1990’s when I started working for an engineering firm, supply chain tasks were more or less a common sense. Anyone with a degree in commerce, science and engineering can handle the tasks with little bit of on-the-job training. Those days MBAs were rarest of rare and we... Read more

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July 1, 2019 2 min

Hi this is Venkadesh Narayanan from IISCM. This topic is on Bonded Warehouses. 

Bonded warehouses are established under the Customs Act, 1962. You can refer sections 57 to 73 under Chapter IX of Customs Act 1962 to learn the various provisions of bonded warehouse in India. Similar to this act almost all countries have legal provisions governed by their respective acts to establish the bonded warehouse. So what is a bonded ... Read more

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Hi, this is Venkadesh Narayanan from IISCM.org. This podcast is on An 8-Step Approach For Career Progress in SCM. The eight steps are Establish Goal, Define Geographies, Identify Domain, Search Companies, Analyse Job Descriptions, Bridge Skill Gap, Connect with Contacts and Followup. Let us go through the 8-steps.

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