TermiKnowledge - Supply Chain, Procurement and Inventory Terminologies
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Certified Inventory Optimization Professional (CIOP) is an end-to-end supply chain certification program. The certification consists of 30 modules focusing both on traditional and futuristic topics. The traditional topics are introduction to supply chain management, all about inventory, strategic business planning, forecasting, demand management, capacity management, sales and operations planning (S&OP), master scheduling (MPS), materials requirements planning (MRP) and production activity control (PAC). It also includes topics on procurement, warehousing, transportation, distribution, and packaging. The topic on the future trends such as Blockchain, Internet of Things (IoT), Robotic Process Automation (RPA), Machine Learning (M/L) and Artificial Intelligence (AI). There is a significant focus on supporting technologies such as forecasting and process mapping tools such as Microsoft Visio. In addition to the above indicated topics the participants need to master over 3000 terminologies in supply chain management.

What is Palletisation? Definition and examples. (uk. tr.) The method of assembling and moving goods on flat pallets by hand. The principal method used for this purpose in the distribution industry is conveyor belt system, but other techniques are also being developed. The principle technique of palletisation is also applied in production industries such as furniture making, metal-coating, chemical processing, pulp and lube, rubber products and others.

What is Palletisation? Definition and examples. (uk. tr.) "A method of material handling and storage which includes the use of flat sheets of material for storage purposes." In other words, it's simply a warehouse management system that utilises conveying systems and automated systems for moving, stacking and compacting materials on flat surfaces. The term is used in many industries including: automotive sector, chemicals sector, electrical and textile industry, pulp and lube industry, the mining and forestry, the construction and related industries, food processing and supply chain management, packaging and retail industries, and the service and product industries.

The advantages of pallet storage are: - It increases the efficiency of the distribution system as the goods are in a compact state without any risk of damages due to the movement. - It reduces the costs of handling and moving the goods. - It minimises warehousing costs as the materials are easily accessible and can be stacked without difficulty. - Reduces the hazards of handling the goods as they are easily stacked or moved on to a new location without damaging them. However, the downsides of pallet storage are: - The materials become too compact and hard to access and manipulate.


Certified Inventory Optimization Professional 

CIOP is an end-to-end supply chain certification that contains 30 modules such as Introduction to Supply Chain Management, All About Inventory, Production Planning System, Strategic Business Planning, Sales & Operations Planning, Master Scheduling, Material Requirements Planning, Demand Management, Capacity Management, Forecasting, Production Activity Control, Procurement, Order Quantities, Independent Demand Ordering Systems, Warehouse Management, Transportation Management, Supplier Relationship Management (SRM), Customer Relationship Management (CRM), Introduction to Quality, Introduction to Packaging, Introduction to Process, Lean, Six Sigma, Total Quality Management, Theory of Constraints, Supply Chain Technologies, Supply Chain Techniques, Industry 4.0, International Standards and Supply Chain Risk, Safety and Security. 

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CIOP Knowledge Series

One-Minute Supply Chain Facts

The most recent video is available here. To access the past videos in the One-Minute Supply Chain Facts Series, please click the playlist icon located on the Top-Right of the video.





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