Ambassador
Mohammad Saim
Sr. Director of Supply Chain at Philips Healthcare
United StatesVerified Community AmbassadorIdentified Expertise
Content Mohammad is Following
Do you trust the data & reports from the big analysts?
Yes
No
Sometimes
111.8k views123 Upvotes58 Comments
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Mohammad SaimSr. Director of Supply Chain at Philips Healthcare in Healthcare and Biotech10 months ago
Truthfully, AI has already been in place in other forms for a while. ML, IoT, and RPA are just some examples of AI intuitiveness and digitization. Now Next Gen AI is changing the business landscape, but many CIOs or CTOs ...read more1
What formula(s) / resource have you used to calculate inventory turns?
Mohammad SaimSr. Director of Supply Chain at Philips Healthcare in Healthcare and Biotech2 years ago
The formula to calculate inventory turnover is relatively straightforward:Inventory Turnover = Cost of Goods Sold (COGS) / Average Inventory
Here's how each component is defined:
Cost of Goods Sold ...read more
2
218 views1 Upvote1 Comment
Mohammad SaimSr. Director of Supply Chain at Philips Healthcare in Healthcare and Biotech10 months ago
From my experience, especially as we've grown from a small private organization to a larger one, leveraging technology has been essential. We use technology to automate repeatable processes, from carrier routing to inventory ...read more346 views4 Comments
Mohammad SaimSr. Director of Supply Chain at Philips Healthcare in Healthcare and Biotech10 months ago
This is a great question and one that is very close to my heart. Mental health advocacy is one of my passions, and I've supported various charitable organizations and initiatives to draw attention to this critical issue. ...read more1