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Brilliant Ian.

Cost drivers of inventory: 1- holding inventory (financing) without sales 2- losing sales due to lower demand times Ask three questions What's the most I can What's the most likely I can sell What's the lowest likely outcome

I did not like the calculation. 10000*.0164=164 12000*.0164=1.97 Would u pls clear the confusion?.

What if they ask your needs? Just say one and hide the rest?😅 Salesman want to know the needs

Contractor friend used to mark up his subcontractors 15%; is now at 50% and not one complaint. Another friend has a boat repair business. Prev shop rate was $85/ man hour. His competition folded. He raised his rate to $125/ man hour and no one complained.

A great explanation. Thank you for taking the time to do this.

4.25 0.25*60=15m

Hi, thank you for the nice presentation you did. what is the quantitative criteria for determining the project feasibility, whether is it profitable project or for-non profit project.

Very good video!

Thanks, Your videos are so informative. Can you put out a video on Machine hour rate calculation for a CNC shop?

I have an interview tomorrow for a VMI position. Thank you for this video.

Great explanation. Please advice if we have a pareto chart but it's not showing 80 - 20 principle, what should we do for next? Thank you

It is prety helpfulll. Thanks alot, Bro.

T layout looks like a dick 😂🤣

thank you

How can I find a distributor?

I understand the formula but what does that 'unit' Stand for?? Is that the single product cost?? Pls explain

I wish my production would be this simple...

Well, example with beer is simply but great - valuable movie, its helped me during prepare for final exam

great info

Nice

amazing. thank you so much.

Remember - the perfect negotiation is where a seller takes a little less than they'd like and a buyer pays a little more than they'd like, but overall they both end up with an outcome they want.

I seen those prices and thought to myself. When this made?? Tape alone is $15/roll. 🤣. Yeah. 11 years ago.. 👀👀. 🖕JB! LGB!

🎯 Key Takeaways for quick navigation: Spaghetti diagrams are part of business process mapping and are effective for decluttering shop floors in manufacturing. Each operation in manufacturing has a cycle time, and reducing cycle time can increase production throughput. Transit times between workstations affect the overall cycle time for finished products. Spaghetti diagrams help identify roadblocks and issues causing delays or downtime in manufacturing. The process involves mapping out the shop floor, defining each step, and using sequential numbers to designate the workflow. Drawing continuous lines on the diagram represents the flow of work through the shop floor. Measuring the distance between steps and recording any delays or obstructions helps analyze production efficiency. By rearranging the shop floor layout to reduce travel time, production throughput can be increased. Spaghetti diagrams aid in optimizing manufacturing processes by capturing downtime, delays, and travel distances. Made with HARPA AI

Great lesson

osm

Excellent & nice video!!!

Thank you for the good tips

Great videos , can you talk on good approach for clawback on procurement ? Knowing commodities are going down

Thanks! Very insightful!

Thx again... Do you think we should use the average inventory or the end inventory? Seconldy, pls correct if it is wrongUsing excel will show this: *****##Option #1 price USD10/ pcs: Jan 10 0.3 100 1030 Feb 10.3 0.309 80 848.72 Mar 10.609 0.31827 10 109.2727 Quarter 01 total cost = USD 1988 *****##Option #2 price USD9.6/ pcs: Jan 9.6 0.288 150 1483.2 Feb 9.888 0.29664 100 1018.464 Mar 10.18464 0.3055392 80 839.214336 Quarter 01 total cost = USD 3341

As usual, more than excellent Ian.. appreciated.

What about lowest cycle time ?

thanks sir

Ian Johnson thank you very much 🙏🏽

PETER GRIFFIN!!!!!!!!!!!!!

VERY GOOD, THATS

THANKS MAN,

Thanks For excellent explanation. But I think the 1016 should not be called Safety stock. It is the ROP QTY. and you embeded the safety in it.

The best explaination of the bullwhip effect on youtube. Thanks!

F xi w se for só r agradeço pela informação sobre esse mês passado foi p ir pro hospital agora estou aqui esperando aqui terça e quarta feira ás crianças estão fazendo e valor total e o mesmo horário da passagem

Vê e valor e valor e valor e valor total e ela quiser ir lá e te falo ok bjs fica tranquilo e se cuida viu e o valor e valor total entre o mesmo horário da passagem da mensalidade da passagem da mensalidade da passagem da mensalidade da passagem e ela estava esperando o

G vi o mesmo valor da passagem da passagem da escola e o valor e o mesmo horário e depois da passagem da mensalidade da mensalidade e te falo então se for só f xi w se for só

H te falo ok bjs te mandar o número dos santos Barbosa dos santos Pereira dos santos Pereira Santos Junior Santos Junior Santos Junior Santos Dumont Dumont Dumont e te amo e te falo ok bjs fica até tarde se tiver chegando passo

One request to make hope you won't mind if you can speak little slow and loudly that would help immensely as sometimes understanding dialect if English fs not one's primary language. Thanks a ton, in advance.

Loved the "salesperson or saleswoman"

This is very informative

Big thanks from Somalia. great presentation

Helpful.