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Day: January 19, 2023

The nuances of operation planning supply chain management

Posted on by Imarticus Learning

Operation planning in supply chain management is a complex task. This is because the operation planning factors impact the production process. These factors include the availability of raw materials. They also include production facility capacity, demand for final product, and disruptions in the supply chain. Operation planning must also consider the company’s objectives. This blog post discusses the nuances of operation planning. It also shares how to overcome some challenges.

1. Forecasting

A challenge in operation planning is forecasting. Forecasting estimates future demand for a product or service. This is difficult because many factors impact demand. They are the economy, changes in consumer preferences and new competitors.

AI and ML are used to help forecast demand. They analyse data to see trends. This can then be used to predict more accurately.

2. Production Capacity

Another challenge is production capacity. It is the maximum amount of a product or service produced by a manufacturing process.

There are two types of production capacity. They are theoretical and practical. Theoretical capacity is the maximum output that can be achieved. That is if all the machines in a production system are used to their full potential. Practical capacity is the maximum output that can realistically be achieved.

Practical capacity is often lower than theoretical capacity. This is because of many factors. They are downtime, maintenance, and employee breaks.

To overcome this challenge, firms need to assess their production capacity accurately. They can do this by doing production capacity analysis. This is a process that assesses the capacity of the production system. This also identifies constraints.

Constraints need to be identified. Then, firms put try to improve production capacity. This could mean investing in new machinery. Training employees to use the existing machinery can be done too.

3. Supply Chain Disruptions

Another challenge is supply chain disruptions. It is an event that disrupts the flow of goods and materials in the supply chain.

Supply chain disruptions occur due to many reasons. They are natural disasters, political unrest, and transportation problems. They can also be caused by suppliers going out of business. Failing to meet delivery deadlines is another reason.

Supply chain disruptions have a major impact on businesses. They can cause production to stop entirely. They can also lead to shortages of raw materials and finished products.

Firms must address supply chain disruption risks. This could involve diversifying the supplier base. Having alternative sources of raw materials is there. Making contingency plans can also be done.

4. Miscellaneous Challenges

It is important to think of other challenges impacting operation planning. They are quality issues and regulatory changes.

Quality issues can occur when products do not meet the required standards. This could lead to customer returns, production delays, and financial losses.

Regulatory changes can impact operation planning if the products or services being produced are subject to government regulation. For example, if the government introduces new environmental regulations, this could impact the production process and the materials used.

New product development can also impact operation planning. This is because new products often require different production processes and materials. This can lead to supply chain disruptions and production capacity changes.

It is essential to consider all of these potential challenges when operation planning. By doing so, companies can be better prepared to deal with them if they do occur.

Conclusion

Operation planning is a complex process that must take into account many factors. The challenges discussed in this article are just some of the challenges that need to be considered.

Companies must overcome these challenges to ensure that their operation planning is successful. They can do this by conducting a production capacity analysis, implementing measures to mitigate the risks of supply chain disruptions, and considering all potential challenges.

If you want to learn more about operation planning, overcoming these challenges, and embark on a career in this field, consider enrolling in Professional Certification in Supply Chain Management & Analytics by the prestigious IIT Roorkee. This program will give you the skills and knowledge you need to become a successful supply chain analyst.

Some key features of the operation planning course in supply chain management include Certification by IIT Roorkee, hands-on learning with real-world SCM projects, and live sessions with IIT Roorkee faculty and industry experts.

If you need assistance regarding the program, contact us through chat support or drive to our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad. We will be happy to assist you.

Why CFO training is gaining popularity in India

Posted on by Imarticus Learning

As the CFO of an organization, you play a pivotal role in driving its success and establishing transparency and accountability. To prepare CFOs for the duties, they will be performing. They must understand the essential functions that their organizations have to carry out. It is no secret that India is growing at an exponential rate. The country offers many opportunities and huge scope for growth.

 

Nonetheless, taking full advantage of these prospects necessitates more than just traditional knowledge. It has been an obstacle for many Indians who strive to execute something meaningful with their lives but do not possess the essential abilities.

This is where CFO training comes in. It equips aspiring financial professionals with the necessary tools and resources to advance their careers.

The role of CFOs in Indian companies

With the changing dynamics of the business world, CFOs now have more than just knowledge in accounting and finance. They must be well-versed in various areas, such as tax regulations, financial planning, risk management, and strategic decision-making. 

As a result, many organizations in India now offer specialized training programs for their CFOs to ensure they remain up-to-date with the latest developments and trends.

The demand for CFOs has also risen in recent years due to a greater emphasis on data-driven decision-making. Companies are now looking beyond the traditional financial metrics and seeking individuals who can leverage data to make more informed decisions. 

By helping CFOs understand the importance of collecting and analyzing data and how to interpret it effectively, organizations can stay ahead of the curve and remain competitive in their respective markets.

How to choose the right CFO training program for your company?

It’s no surprise that CFO training has become increasingly popular in India. After all, the role of a Chief Financial Officer is significant for any organization. Investing in quality CFO Certification is the best way to ensure that your company runs smoothly from a financial perspective.

Here are a few pointers you can keep in mind when looking for the right CFO training program:

  • Find a program with experienced instructors with extensive finance and accounting knowledge. You must get quality advice from those who are well-versed in the subject and can help you implement their teachings effectively.
  • Make sure the program is comprehensive. You want to ensure that your training covers all the necessary topics related to finance and accounting, including budgeting, forecasting, cash flow analysis, tax planning, and more.
  • Research if the program provides hands-on experience to supplement theory. You must get access to practical exercises that will allow you to apply the concepts discussed in the program and better understand how they work.
  • Consider the cost of the training. CFO training can be expensive, so it’s essential to research and find a program that fits your budget.
  • Look for programs with certification options. A certificate proving that you’ve completed the training course is always a good idea. This will add extra credibility to your skills and may help you get ahead in your career.

By keeping these points in mind, you can be sure to choose the right CFO leadership training program for your company.

By researching the right program and finding one that fits within your budget, you can be sure to get quality advice and hands-on experience that will help you become an even better CFO. 

Discover A Chief Financial Officer Course with Imarticus Learning

Students who complete this 12-month Online CFO Course will have a solid understanding of management and financial services. The Postgraduate Certificate Programme for Emerging CFOs will be given to students who complete the strategic CFO course by IIM Indore.

Course Benefits For Learners:

  • By observing and interacting with top CFOs, you can gain practical financial knowledge and steer organizational transformation.
  • Students will learn the fundamentals of capital structure, treasury, risk management, and more contemporary topics like shifting CFO roles, Fintech, and tech-driven financial services.
  • The Postgraduate Certificate Programme for Emerging CFOs, which focuses on finance professionals, works with IIM Indore.

The top 5 challenges in making a sustainable career in financial services and capital markets.

Posted on by Imarticus Learning

The finance industry often undergoes a radical shift from time to time. With dynamic business models and mounting regulations, the changes are constant, especially in capital markets. Because of its dynamic nature, it is important to keep up with the changes and adapt to those changes to bud as a successful individual in this field.

Here we have listed out some of the challenges that one might face in building a sustainable career in Financial Services and Capital Markets. 

What Are Financial Services and Capital Markets? 

Although these two terms almost overlap at times, there are basic distinctions between these two terms. Financial services encompass a broader section and venues where people and organisations exchange all kinds of assets and contracts with each other. These take place mainly in the primary markets where traders and investors subsequently buy and sell these to one another. On the other hand, capital markets focus on fundraising usually for a firm for its operations and growth. 

Making a Sustainable Career in Financial Services and Capital Markets: Top 5 Challenges 

Making a career in financial services and capital markets is rewarding. However, there are certain challenges you might have to face while driving towards success in this career. Here we have jotted down 5 of them to give you a heads-up about how to proceed with your future endeavors. 

Cybersecurity 

Businesses are generally intertwined with the concept of ESG concerns. ESG is now not just a niche for sustainability, but a lifestyle. With the rise of cyber crime incidents, there is a risk to the financial companies, which has threatened the business significantly. Digitalisation has come to our lives as a blessing and a curse. According to Trellix, the financial services industry was targeted the most by cybercriminals in the third quarter of 2021. Hence, this poses a major threat to a career in financial services. 

Third-Party Disruption With Business Interruption 

Risk management is an important aspect of financial services. Outsourcing business interruptions to mitigate any risk in the company plays a vital role in a successful business. In financial services, operational resilience is more crucial than anything else. Hence mitigation of third-party disruptions plays a vital role in building forward a successful business. 

Legislative Restrictions 

Since business administration is a dynamic quality, it often changes with the change in time. The legislative administration and practices change from time to time. It comes up with different restrictions and regulations for businesses and hence the business has to adapt to them accordingly. These restrictions modulate the methods of flourishing in financial services. 

Asymmetrical Information 

Asymmetric information occurs strictly in the capital market. The buyer or the seller is privy to this information for any investment, be it historical, current or any kind of future performance taking place in the public. When asymmetric information is misused for one’s vested interest, it becomes accessible to companies which often leaves imbalances in the capital markets. 

Agent and Principle Problems 

One of the biggest problems in a capital market is the agent and principal dilemma. There are conflicting priorities between an asset owner and the representative authorised by the act. This can cause a serious drift in creating a career in capital markets. 

Why Should a Person Take Up a Financial Services and Capital Markets Course?

IIM Lucknow Certificate course provides a lucrative opportunity to excel in your career in financial services and capital markets. A career in this field is like a dream come true. There are handsome salaries and high-demand jobs in this sector if you have the required skill set. This course enables you to understand the role of financial markets and the major security trading hacks in this market. You can gain keen insights to make use of financial markets under any degree of uncertainty. 

On the other hand, understanding the trends of capital markets enables growth. This is a very powerful driver of economic growth and wealth creation. This has reduced the risks and expenses that further facilitated the acquisition of more financial capital because of its flamboyant reliable market where funding can be obtained. 

The Advanced Management Program in Financial Services is one of the IIM Lucknow Certificate Courses which lasts six months and provides a window for pursuing a successful career in the field of financial services. The tech-driven learning experience enables the aspirants to apply their conceptual knowledge to real-life business scenarios. 

Conclusion 

If you want to do a course on how to build a successful career in financial services and capital markets, check out IIM Lucknow Certificate Courses in Advanced Management Program in Financial Services on Imarticus Learning. It is a lucrative opportunity for you with lots of scopes. Check out their website right away! 

IIT Courses For Working Professionals – Learning Opportunities For Young Scientists and Engineers

Posted on by Imarticus Learning

TechJury recently surveyed over 2500 companies. The survey was aimed at assessing the impact of training programs on business success. The results showed that companies with comprehensive training programs increased revenue per employee by 218%. The same study also showed that IBM saved $200 million by switching to online learning.

Training of working professionals through online courses has grown to now rival instructor-led training. Online learning offers the convenience of self-paced learning. The participants can learn from anywhere. That has made it popular. A research.com report found that 58 per cent of employees preferred to learn at their own pace and 49 per cent of employees preferred to learn when they felt it necessary.

Online learning is expected to experience strong growth. According to an Allied Market Research report, the global online learning industry valued at $190 billion in 2020 will grow at a CAGR of 17.5% to $840 billion by 2030.

Training Young Scientists and Engineers

Young scientists and engineers represent a vast pool of talent. They play a key role in the new knowledge-driven economy. They have specialised training needs to be innovators and creators.

The special training needs for young scientists and engineers include:

  • Real-world Training.The training of young scientists often fails to equip them with the skills required for their responsibilities after they reach a permanent position. This gap can be filled by using industry experts to impart the training.
  • Assessments. The assessment process needs to be tailored to the special needs of scientists and engineers. This would improve their career development and the effectiveness of the training.
  • Training Content. Often the training for scientists and engineers is very generic. It fails to foster original thinking and innovation. Organisations should not adopt a cookie-cutter approach while training scientists and engineers. Instead, the training should be personalised to their very specific requirements.

IIT courses for working professionals are a convenient means of enhancing the skills of young scientists and engineers. The courses are designed to enable in-depth understanding. The courses are tailored to the needs of young scientists and engineers and provide complete scheduling flexibility. The courses help impart core skills and also bring about mindset and attitudinal change.

We can help!

The world of science and technology is in a constant state of flux. Business needs also change with the changes in technology. Scientists and engineers are expected to keep pace with these changes. They need to continually upgrade their competencies to grow personally and also grow the organization.

For the training of young scientists and engineers to be effective, it needs to be relevant to their role. Also, the content needs to be continually updated.

Professional courses by IIT help organisations get the best out of their young scientists and engineers. Investing in their training equips them to work on and attain the most challenging technology and business goals.

Managed online learning partnerships are on the rise. IIT courses for working professionals offered by Imarticus Learning help businesses stay updated with the latest developments in technology. It helps them gain a competitive edge in the current ultra-competitive business environment.

They are an ideal partner for all the learning needs of organisations. Imarticus Learning is a learning delivery organisation with the expertise and experience of working across industry verticals. The courses offered cover a wide range of subjects from technology, analytics and AI, and supply chain to financial services.

Through its programs, Imarticus has trained over 35,000 professionals from leading firms. The firms that have used courses offered by Imarticus Learning include IBM, KPMG, Genpact, Moody’s Analytics, Motilal Oswal, etc.

Training in Excel as A Data Analyst? Read On

Posted on by Imarticus Learning

There are different opinions when it comes to training for a job in data analysis. Some people will tell you that getting a degree from a top university is the only way to succeed. Others will say that experience is more important than anything else. And still, others will tell you that specific skills, like the ability to use Excel, are what matters. So, who should you believe?

As it turns out, all three groups of people are partially right. You can gain entry with a degree from a prestigious university. And yes, experience is essential. But when it comes to landing a job as a data analyst, specific skills—like the ability to use Excel—can decide between getting an offer and passing over.

Why Excel Skills Matter for Data Analysts?

Excel is the most commonly used program in business today. That’s because it’s a potent tool for everything from keeping track of sales numbers to performing complex financial analyses. And while Excel might seem like a program that anyone can use, the fact is that most people only know how to do the basics.

 

As a data analyst, though, you need to be able to do more than just the basics. You need to be able to use Excel to its fullest potential to find trends, uncover relationships, and make predictions. In other words, you need to be an expert. And that’s why having Excel training can be necessary when looking for a job as a data analyst.

Excel Skills You’ll Need as A Data Analyst

You will learn analytical and visualization techniques in this course, which will help you improve your current work performance and your job prospects in the future. If you’re in business or data analysis and want to enhance your employability, learn advanced Excel and basic Power BI.

So what kind of Excel skills do you need to land a job as a data analyst? 

Here are just a few of the things you should be able to do:

  • Import and export data from different software programs 
  • Use basic formulas and functions 
  • Create charts and graphs 
  • Perform simple statistical analysis 
  • Write macros 
  • Use pivot tables 

As you can see, having training in Excel can give you a real leg up when you’re looking for a job as a data analyst. However, it’s important to note that simply taking an excel course is not enough—you also need to learn python online and have some experience working with data to excel in this field. Still, if you’re looking for a way to enhance your chances of landing a job as a data analyst, getting training in Excel is certainly worth considering.

Discover PG in data analytics with Imarticus Learning

 You might be able to find employment at Tableau with the aid of this data analyst training. Create complex models using data science to produce vital business forecasts and insights using what you’ve learned.

Course Benefits for Students:

  • Students will be familiar with the most common data science methodologies and tools and the fundamentals of data analytics and machine learning.
  • Students who complete 25 real-world projects and case studies under the guidance of business partners will receive a data analytics course with placement.
  • The Data Analytics and machine learning course is an intensive program that will teach you how to use data analytics to solve real-world problems.
  • One of the most in-demand skills on the market is the capacity to display data using a data analytics tool.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via the chat support system.

Your investment banking knowledge needs a refresh: How a course can help

Posted on by Imarticus Learning

As every sector is developing with the current global changes, investment banking is also evolving with the introduction of new-age technologies. The opportunities are getting wider day by day. Thus, making space for new people to engage in this field. 

Lately, a lot has changed in this field including the pattern of working, thus one must learn investment banking from the new-age courses which are based on the current scenario. This will not only enhance your knowledge but also evolve you to be a better professional. It will add up multiple qualities to your personality that will clearly reflect at the time of your interview. Now, let us look at the great deals the investment banking sector and its courses are offering. 

Future of Investment Banking 

To understand Investment banking closely, there is data that reflect its growth and the future opportunities it holds. Looking at the current situation, the visionaries are expecting a market reach of $137.97 billion in 2025 at a CAGR of 5%.

One more reason behind these increasing growth rates is the modern techniques undertaken by companies in their work. This also directs us to be up-to-date with the latest technologies and their application. As this will be a part of our future, evolving with the changes is crucial as well as fruitful. 

Opportunities in Investment Banking

Investment Banking is an all-time evolving field because of everyday global changes and development in technologies. Here, the future holds a lot of opportunities for you. One reason for this is the dynamic nature of this field where the constant aim is to provide profit to your clients.

Nowadays, there are massive possibilities in the investment banking field that can help you lead a better life. But to gain this lifestyle and have a successful career, you need a skill set that you can only learn through investment banking training courses. One must have expertise in a few fields like having great analytical skills, problem-solving ability, and essential mathematical skills. Along with this, new-age investment banking courses with placement are also available to make things easier for the aspirants. Now, you also get placements with courses that make you a Certified Investment Banking Operations Professional. 

Benefits of the New-Age Investment Banking Training

Anyone pursuing a career in finance would at one point definitely think of becoming an investment banker because of the infinite perks it has. Being an investment banker not only provides you with a comfortable income and life but also gives you a place of authority in any organisation. All this is possible because of the skills you gain from investment banking training. 

However, with various global developments, a lot has changed in this field as well. And to learn investment banking today is far easier due to the availability of investment banking courses with placement. In the new-age courses, there are several developments made considering the changing environment. Now, the traditional methods are outdated and it’s time to equip yourselves with all the modern techniques. 

One can get an entry-level job in investment banking with no background in finance but securing a higher position demands sound knowledge and quality skills that investment banking training can provide. Along with this, it helps you get an escalation in your pay scale. This is because of the knowledge you gather from the course that makes you unique in a crowd.  

With the understanding of the subject, it is of great importance to have certification of the same. As big companies, dealing with reputed clients would need a certified professional with a good command over the job. 

The list of benefits to refresh your investment banking knowledge does not end here. Besides the above-mentioned perks, one of the best qualities of an investment banking course with placement is the skills it teaches you. Here, one gets to learn a lot about managing stuff because, in an IB field, the job presents a range of challenging opportunities with compelling rewards. 

What you will learn in an Investment Banking Course?

You are well aware of the benefits of an investment banking course with placement. Now, you also must know the things you will get to learn in this course. Here, the educators give emphasis on multiple subjects ranging from corporate finance, hedge funds, private equity and venture capital, to ratio analysis, and many more. 

In a nutshell, you will get all the updated knowledge along with the new-age skills to do your work. This refreshed understanding of the subjects provides you a better chance to fair well in the competitive world. 

Conclusion

If you are an investment banking enthusiast, then it is the correct time for you to learn investment banking and refresh your knowledge. The future holds a plethora of opportunities and the only demand is to have sound knowledge and the ability to hold a higher position. 

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