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Day: October 6, 2021

What is the role of a supply chain analyst in managing uncertainties in a supply chain?

Posted on by Imarticus Learning

A supply chain involves a network that connects a firm and its suppliers in order to manufacture and deliver a certain product to the end-user. This network consists of many activities, individuals, entities, information, and resources. The supply chain also symbolizes the stages necessary in getting a product or service from its initial state to the consumer. A supply chain management career has become a dream for many young students.

supply chain management coursesA supply chain analyst plays a critical role in the design and execution of large-scale initiatives. A supply chain analyst gathers and processes data in order to improve the supply chain system. He/she works to improve employee performance and reduce the expenses of project-related commodities.

A certified supply chain analyst is the point of connection for many significant purchases made outside the firm for projects. He/she conducts market research and negotiates with corporate representatives to guarantee that the parent company receives the greatest price available. He/she is aware of the inventory on hand and proactively manages what is being used to assist other team members by ensuring they have the necessary tools.

What is the job of a certified supply chain analyst?

  • Create and develop techniques for gathering and managing supply chain data
  • To improve business revenue, research potential partners and seek out best-price contracts
  • Maintain a professional and friendly connection with contractors while supporting corporate aims and values
  • Contribute to the enhancement of a positive image and cross relationships with business partners and suppliers
  • Examine and evaluate collected data to identify problem areas in the supply chain process and devise ways to enhance it

How does an analyst manage uncertainties?

  1. Mitigating risk will look extremely different based on a variety of supply chain-related elements. Look for specific weaknesses in the supply chain, such as sole-source vendors or centralized inventory. New software and other technology tools are now available to assist you in determining the origins of your risk.
  2. In some circumstances, the consequences of an unforeseeable global calamity can be exacerbated because businesses have focused too long and too hard on cost-cutting measures and efficiencies. However, the same tactics that can make a supply chain run more efficiently and cost-effectively, such as sole-source suppliers, can also lead to longer, larger, and more significant interruptions. Balance your need for protection against unpredictability with your desire for improved efficiency.
  3. A supply chain analyst creates a list of what-if scenarios that he/she can guide the team through in a simulated supply chain disruption crisis. These tests are critical dry runs of situations that are very likely to occur in the future, and they can provide invaluable insights into how much crisis management work they should focus on.
  4. Although it is critical to have particular procedures in place in case of large-scale supply chain disruptions, it is also critical for supply chain managers to consider risk and uncertainty when making all decisions. Considering the effects of changes on risk management is critical to protecting against disproportionate losses caused by uncertainty, especially when deploying new technology, working on supplier development, or boosting overall efficiency.

Conclusion:

Companies are putting supply-chain risk management back on the menu in a more uncertain environment. Cybersecurity threats are becoming more destructive. A proactive approach paired with a strong risk-management culture will be a game-changer for businesses, assisting them in avoiding and managing future supply chain breakdowns.

For students wondering what to do after graduation, a supply chain management career might be the right start. A supply chain management online course will help you get closer to your dream career. There are great supply chain management online courses that you must check out!

supply chain management courses

What are the Job Roles of an AI and ML Specialist?

Posted on by Imarticus Learning

In today’s data-driven world, the highest demanding and relevant jobs have got to be that of an AI and ML specialist. Most major industries now rely heavily on artificial intelligence and machine learning to optimize their business better.

It helps them to detect the clients’ needs and cater to them accordingly. It even helps them to look after their employees’ well-being, which in turn makes them more productive and loyal to the company. This is possibly the best time to do an AI and machine learning course if you are worried about your future.

artificial intelligence and machine learning coursesThis is one job that will never go out of positions as most sectors these days need an AI and ML unit in their teams. If you are confused about which institute would be better for your career, then you do not need to look very far. Like always, Imarticus Learning has come through with one of the best AI and ML certificate courses that will immediately give you that extra edge over others.

However, the question remains about what having these jobs entails? Here, we have tried to give accurate job descriptions for artificial intelligence and machine learning specialists in detail. Please, read through it to learn more about it.

Artificial Intelligence Specialist

There are a variety of aspects to an AI specialist’s job. However, all of these meet at a certain point. That is, they develop computer software to comprehend different situations through hypotheses. They test these hypotheses by comparing them to the workings of the human mind. All of these are done through cognitive stimulation.

They also use this to enhance the opportunities and suggestions provided by and inside of a variety of different industries. This is versatile enough to be applicable in any major industry that deals with clients. The job roles of an AI specialist can be any, but not limited to, the ones following:

  • Software analyst: Using AI to debug or check the performance of software
  • Data security engineer: Safeguarding a company’s intra network and internetwork as well as data governance and data integrity
  • Research scientist: Extracting, designing, analyzing, and comprehensively preparing data using AI predictive analysis and another forecasting
  • AI developer: Develops AI systems and integrates existing software with AI systems
  • IoT engineer: Developing IoT-based devices and integrating AI software and processes in them
  • Cloud specialist: Empowering data with cloud systems

 Machine Learning Specialist

This is a profession dedicated to developing algorithms that can adapt to or learn from the available data to make helpful suggestions and predictions. Some of the job roles are:

  • Machine learning engineer: Involved in sourcing data, creating the machine learning model, and implementing it
  • Machine learning architect: Setting up, integrating, and maintaining machine learning components according to the requirement
  • Data engineer (data modeling specialist): Involved in data modeling and ensuring data can be used for machine learning
  • Machine learning developer: Involved in programming and setting up machine learning systems like forecasting and predictive modeling
  • Automation engineer: Automating processes using ML
  • Deep learning engineers: They work with complex datasets to power up neural networks using deep learning and ML
  • Artificial neural network specialist: Creating neural networks and ensuring that the system has the ability to make decisions mimicking human beings.AI and ML courses

There are many benefits to an AI and machine learning specialist’s job. The major ones being, you will never go out of a job. This is also a high-paying job, so you will never have to think about the salary input being less than your performance output. So, do check out Imarticus Learning’s AI and ML certificate course to give your career the necessary boost.

AI and ML courses

Use of Data Analytics in Improving Working Capital Management

Posted on by Imarticus Learning

What is working capital management?

Working capital is an organization’s utilization of money to cover its daily needs, such as paying for raw materials, supplies, and salaries. The term can also be applied to individuals. Working Capital Management is defined as “managing cash flow so that it fulfills all the business needs”.

For example, if you have $10 in your wallet but need $100 worth of groceries today, your working capital would be negative $90. Working capital management takes care of the flow of funds within the organization. It ensures that funds are available to meet short-term obligations without having to borrow or sell assets. It’s essential for all businesses because it affects the growth and the profits of the company.

Without sufficient working capital, companies will fail before utilizing their full potential. Working capital management is a critical function for every company. Whether you are operating in the manufacturing or service industry, managing your working capital will impact your ability to grow and succeed.

How does it help the organizations?

Data analytics can help organizations measure how much money they need for their working capital based on their current situation. This way, they can improve their working capital management by minimizing risks such as overinvesting or underinvesting in one area while neglecting others.

There is a need for both MSMEs and large manufacturers to remotely manage their supply chain, cash flows, etc. This has led to a rapid and massive shift away from manual processes. This is where automation comes into play – Accounts Receivable Automation (ARA) was developed as an alternative solution by many companies who needed more control in this area of their business while still managing all aspects with less workforce. These systems allow businesses to deal directly with suppliers and it drastically cuts down processing between payments and delivery.

Application in the real world

In the past few years, the use of Data Analytics has been steadily increasing as a way for organizations to understand their customers better and identify trends.

In today’s world, data analytics is indispensable as it facilitates the efficient working of an organization. The proper recording and analysis of every activity related to the manufacturing cycle of the products help in having visibility of the processes.

Data Science Course

One particular area where Data Analytics can be applied is in examining customer payment patterns, such as when customers pay or don’t pay on time. For example, one company found that because of the customers who paid late, they were losing roughly about $21 million annually due to delayed payments from other clients. It also examined the reasons as to why people pay late. They came up with several insights like cash crunch during month-ends, etc. that stopped them from making these payments.

Using a company’s balance sheet and cash flow statement, a financial analyst can determine when the business has excess funds and also the times when they need more money. This analysis can then be used to establish an appropriate financing strategy that balances the company’s needs with its ability to repay the debt over time. Data Analytics makes the entire process smoother and better.

Conclusion

To maintain change, it is imperative to differentiate between noise and signal. This is done by developing measurable, granular  KPIs that are monitored strictly. Carefully analyzing historical data can provide valuable insights into managing networking capital by quickly finding and dealing with emerging issues.

Contact us today if you want to be well equipped when it comes to dealing with such situations. With a digital analytics course, implementing these tactics in your business becomes easier.

With a data science course, you become aware of the techniques that go into it. The course comes along with a placement opportunity so that you’re all set to apply your business analytics knowledge in managing operations.

Equity Research Analyst: Enhance Your Career Portfolio with This Most Sought-after Profession

Posted on by Imarticus Learning

In today’s era, financial decisions by businesses and investors are taken only after conducting proper research. Financial decisions can include investing in a company or opting out of a share/stock. There is no limit to financial decisions that can be encountered by businesses and investors.

To decide whether a financial decision is beneficial or not, equity research is performed. You can also build your career as an equity research analyst and work with the top organizations. Read on to know more about making a career as an equity research analyst.

best equity research analyst courseUnderstanding the role of an equity researcher 

An equity researcher is responsible for carrying out an analysis of a firm, stock, or any other type of financial entity. The information produced by equity researchers is then used by investment banks, shareholders, and companies to make better financial decisions.

For example, investors perform equity research to know which investment ventures will provide a huge return in the future. Companies value a project with the aid of equity research to make sure it is beneficial. In short, equity research is the valuation of a company or a venture/project.

An equity research analyst performs the following tasks for its organization/client:

  • An equity researcher has to develop a company portfolio that will be used to generate capital from investors. Company portfolio will be the ideal documents used in investment meetings and IPOs.
  • An equity researcher develops financial models and calculates the estimated income, cash flow, revenue, and returns of capital.
  • An equity researcher monitors the market situation continuously and provides updated reports to investors. Based on the generated reports, investors can then make better decisions.
  • An equity researcher evaluates the financial position of the firm in comparison to its competitors. This also predicts the growth of a company based on current performance and trends.

How to become an equity researcher?

You will have to learn the basic skills of financial analysis and modeling to become a successful equity researcher. Colleges in India do not offer a designated course for equity research. It can be included as a subject/topic in a traditional college course. For learning financial analysis, you may have to opt for the complete degree program. Also, the recent COVID pandemic has made it tough for colleges in India to conduct classes.

Nowadays, students are leaning towards EdTech platforms for financial analysis courses. You need to select an industry-oriented financial analysis course that could make you job-ready. Imarticus Learning is a reliable source that can help you in building a successful career as an equity researcher.

Why choose the financial analysis course from Imarticus?

 The Financial Analysis Prodegree offered by Imarticus is endorsed by KPMG, a leading accounting firm in the country. The pros of choosing the financial analysis course of Imarticus are listed below:

financial analyst course

  • This course will help you in an easy career transition and will make you job-ready. Imarticus has successfully transformed the career of more than 2400 enthusiasts.
  • Six real-world projects offered by this course to students make it one of the best financial modeling courses in India.
  • A KPMG-endorsed curriculum will ensure that you learn the job-relevant skills and common practices in the industry.
  • Most of the financial modeling courses do not provide tech-enabled learning. This course will also introduce you to the tools and technologies used by equity researchers in the industry.

Conclusion 

financial analysis prodegree courseImarticus will help you in learning the concepts of equity research from industry experts. With a practical learning approach, you will learn equity research techniques by performing them in real life. You will obtain industry certifications during this course that will enhance your credibility as an equity researcher.

What should you know about earning a second MBA degree?

Posted on by Imarticus Learning

Master of Business Administration, is a very demanding postgraduate curriculum in India and around the world. This management degree serves as a springboard to a myriad of jobs in the corporate sector. Over the previous two decades, the MBA program has grown in popularity in India.

All managerial level jobs across all domains and sectors want an MBA degree, which is why a big number of graduates now pursue an MBA as a career after graduation.

Best online MBA coursesA full-time MBA program normally lasts two years, while several expedited full-time MBA programs last only one year.

This style of fast-paced MBA is prevalent, particularly at non-US business institutions.

The length of part-time and executive MBA programs varies according to how many credits a student enrolls in each academic semester or quarter. Both executive and part-time MBA programs are designed for working individuals who want to continue their education while working full-time.

In India, getting a second MBA is fairly prevalent and a huge chunk of students pursue it as a career after graduation. Experts suggest that when it comes time to hunt for that promotion, industry leap, or new professional adventure, the first MBA may be lacking in postgraduate benefits such as a strong alumni network or brand recognition.

If someone meets this requirement and wants to work for Google in Europe, they will certainly have a more difficult time than someone who graduated from an internationally renowned program.

When do some people want to pursue a second MBA course?

MBA schools in some countries, like India, accept a large number of applicants directly out of college.

When you enter an MBA program with next to no professional experience, you are more likely to succumb to society’s expectations to land the ‘most prestigious’ job on campus, which is often sifted solely through compensation packages and brand names, rather than what you prefer or what fits your strengths and limitations. Eventually, with time people realize that this is not the right job for them.

  • Some career paths are harmed as a result of a poor employment market, being laid off, a failing business venture, or poor professional choices.
  • There are applicants, particularly from less prestigious MBA programs, who do not have the opportunity to recruit for the top organizations and must settle for whatever remuneration they can receive.
  • Some people want to settle elsewhere and their previous degree is not valid.

When it comes to accepting applicants with an MBA, top business schools have various policies. As a result, before beginning the application process, research the admission policies for second MBA programs at your preferred business schools.

Admission policies at business schools are continually being revised. As a result, before considering a second MBA, establish contact with the admissions office of your preferred business school. All B-Schools do not accept candidates who already have one MBA degree. There are some that accept candidates conditionally and some who accept students despite their having an MBA previously.

When you understand whether your desired business school would approve your application for a second MBA, the second phase is to reflect and determine whether a second MBA is a good fit for your professional goals. In case you lack time for a full-time degree, there are some of the best online MBA courses available on the internet and give you plenty of specializations to choose from.

One must delve deeper and explain why the first MBA did not provide them with the qualifications, abilities, or exposure they required for their professional objective.

In the application, it’s critical to explain why one needs the second degree, especially in the descriptive questions. Essay submissions should also include the short-term and long-term goals, as well as what one aspires to learn from the program.

Conclusion

The best online MBA courses will give you a clearer picture of the wants and needs of the corporate sector. MBA online courses help you juggle between your job and academics and might be a very good option for aspiring candidates.