A detailed overview of the logistics management system

The business world is constantly evolving and advancing, and the field of logistics is no exception. With the rise of e-commerce and globalization, there is never a greater need for effective and efficient logistics management. 

According to Oliver Wyman’s analysis “Last Mile 2028,” due to the continued growth in parcel volumes and the consequent rise in demand for delivery drivers, the cost per parcel will increase to EUR 4.50 in ten years from the current cost of about EUR 2.50. 

As a result, hourly pay will rise from around EUR 15 to as much as EUR 30 to combat the worsening driver shortage and make the job more desirable. By 2028, the delivery cost per package will double due to rising staff costs alone.

A Logistics Management System is the solution many companies have turned to streamline their supply chain processes and stay ahead of the competition. This blog post will dive into the world of LMS and what it can do for your business.

What is Logistics Management System? 

An LMS is a software solution that manages end-to-end supply chain processes, including procurement, inventory management, and transportation. 

The term “logistics management” describes purchasing, storing, and moving inventory from one location to another. In addition to getting the goods to the appropriate location at the proper time and to the right customer, it involves maintaining the inventory, resources, and pertinent information.

Benefits of Implementing an LMS

 There are numerous benefits to implementing an LMS:

  • Improved Visibility: The most significant advantage of an LMS is the ability to have real-time visibility into your supply chain processes. With an LMS, you can easily track inventory levels, shipments, and delivery times, allowing you to make informed decisions and react quickly to any changes.
  • Enhanced Efficiency: An LMS automates many manual processes, such as order processing and shipping, reducing the risk of human error and increasing efficiency. Additionally, it streamlines the flow of information between different departments and stakeholders, reducing the time it takes to complete tasks and make decisions.
  • Better Inventory Management: An LMS provides detailed information on inventory levels, allowing you to quickly identify when you need to restock and avoid stock shortages. It also helps to reduce the time it takes to complete tasks, freeing up time and reducing the need for overtime.
  • Increased Productivity: By automating manual processes and providing real-time information, your employees can focus on higher-value tasks, freeing up time and increasing their overall productivity.
  • Reduced Costs: By streamlining processes and improving visibility, an LMS helps to reduce costs associated with manual labor, stock shortages, and shipping errors. 

Choosing the Right LMS for Your Business 

Many different LMS solutions are available, each with unique features and benefits. When choosing an LMS for your business, you must consider your specific needs and requirements. 

Some things to consider include the following:

  • Integration: Does the LMS integrate with your existing systems, such as your e-commerce platform, accounting software, and transportation management system?
  • Customization: Can the LMS be customized to fit your specific business needs?
  • User-Friendliness: Is the LMS user-friendly and easy to use?
  • Reporting and Analytics: Does the LMS provide detailed reporting and analytics, allowing you to track key metrics and make informed decisions?
  • Support and Maintenance: What level of support and maintenance is provided by the vendor, and is it adequate for your needs?

A Logistics Management System can be a game-changer for businesses of all sizes. By streamlining processes, improving visibility, and reducing costs, an LMS helps companies to stay ahead of the competition and achieve their goals. 

Explore the IIT Roorkee supply chain management course with Imarticus Learning.

With a logistics and supply chain management course, you can prepare for in-demand jobs like demand planner, data scientist, supply planner, and supply and operations planner. Professionals looking to maximize their expertise in Supply Chain And Logistics Management should consider certification to equip leaders with the necessary tools to drive tactical, operational, and strategic decisions. 

Course Benefits For Learners:

  • By fusing a logistic management course, you can get ready to help develop more innovative and tactical global supply chains.
  • With the help of IIT’s supply chain program, you can advance your career and become a supply chain analyst. Utilize this chance to start your career as a seasoned demand planner or data scientist!
  • Students who study Python develop a data-centric mindset, which will improve their decision-making in the supply chain.

Financial services and its career scope in 2023

The economic landscape is changing every decade, and betting on the future is no exception. According to the World Economic Forum, by 2025, machines will replace 80 million jobs, while the IT sector will add about 100 million new jobs that require these new skill sets. On the other hand, financial services companies will have to deal with different types of regulations. This industry will also encourage women to join in running their companies, as leadership roles are open to all genders. 

What are financial services?

Financial services are a broad range of business activities that manage money, including banking, investments, insurance, mortgages, and payment processing. These services help individuals and organizations manage their finances and plan for the future.

Financial services refer to the services provided by the finance industry, which deal with managing money. 

Some examples of financial services are:

  • Banking – Deposits, withdrawals, loans, money transfers, and other banking services
  • Investments – Stock trading, mutual funds, retirement accounts, and portfolio management
  • Insurance – Life, health, property, and casualty insurance
  • Mortgages – Home loans for purchasing or refinancing a property
  • Payment processing – Credit card processing, electronic bill payment, and mobile wallet services
  • Wealth management – Financial planning, tax planning, and estate planning services
  • Capital market services – Trading in securities, underwriting, and investment banking services.

These services help individuals and organizations manage their financial resources and plan for the future.

To help you understand the present and future financial plans, we will explain the key trends in business and predict what will happen regarding financial knowledge, technology, and regulations.

Here are some key trends in business:

  • Digital transformation: This refers to integrating digital technology into all areas of a business, transforming how it operates and delivers value to customers. This trend gets accelerated by the COVID-19 pandemic, which has forced many businesses to shift to remote and digital operations. Companies are now adopting digital technologies to improve efficiency, automate processes, and enhance customer experiences.

  • Remote work: The COVID-19 pandemic has led to a widespread shift to remote work, with many companies implementing remote work policies temporarily. This trend will likely continue, with many companies exploring ways to make remote work a permanent option. Remote work can increase employee flexibility and productivity, reduce overhead costs, and improve work-life balance.

  • Sustainability: Companies are becoming increasingly aware of their operations’ impact on the environment and society and taking steps to lessen their carbon footprint and promote sustainability. This includes implementing environmentally-friendly business practices, reducing waste and emissions, and using renewable energy sources. Companies also use sustainability as a competitive advantage by marketing eco-friendly products and services.

  • Data-driven decision-making: The availability of large data and the increasing use of advanced analytics tools transform businesses’ decisions. Companies use data to inform their strategies, improve operational efficiency, and make better decisions. This includes using data to identify trends, predict customer behavior, and optimize supply chain management.

  • Artificial Intelligence: AI is becoming more prevalent across various industries, with companies using machine learning and deep learning algorithms to automate tasks, make better decisions, and improve customer experiences. AI automates routine tasks, improves supply chain management, and analyzes vast amounts of real-time data.

  • Cybersecurity: As technology advances, cybersecurity remains a primary concern for businesses. Companies must protect against cyber threats, including data breaches, cyberattacks, and malicious software, to safeguard their operations and protect sensitive information. Companies are investing in cybersecurity technologies, such as encryption, firewalls, and biometric authentication, to improve their security posture and reduce their risk of cybercrime.

Learn Advanced management program in financial services with Imarticus Learning

As part of our IIM Lucknow finance courses, students will learn about careers in investment banking, capital markets, risk management, and fintech. This demanding six-month program was created at IIM Lucknow by the top business school in the world.

With the help of a cutting-edge curriculum, you will learn the fundamentals of corporate finance, risk management, compliance, fintech, capital markets, valuation, and equity research in our advanced management program. 

The Financial risk management course is available for mid-level professionals who already have a foundational understanding of finance and want to advance their careers. Additionally, it will allow you to pick up crucial knowledge and skills and open doors for restarting your financial career.

 Course Benefits For Learners:

  • Students can network with peers and business professionals through this financial management course.
  • Key concepts like investment banking, capital markets, risk, and fintech will get understood by the students.
  • The Diploma in finance management can teach learners about financial services and capital markets.

What is the purpose of ethical hacking in cybersecurity?

In today’s digital world, cybersecurity is more important than ever. With the number of cyber threats, organizations must proactively protect their systems, networks, and sensitive information. This is where ethical hacking comes into play. Ethical hacking is a critical tool in the fight against cybercrime and serves a vital purpose in cybersecurity. 

By using the same methods and techniques as malicious hackers, ethical hackers can identify potential security vulnerabilities and weaknesses and recommend measures to improve the overall security posture of a system. In this way, ethical hacking helps organizations stay one step ahead of cyber threats, minimize risks, and protect sensitive information. 

It is a proactive and necessary approach to maintaining the security of our digital world. So if you’re looking to safeguard your organization’s future, it’s time to understand the purpose and power of ethical hacking in cybersecurity.

What is ethical hacking?

cybersecurity courses

Ethical hacking is a type of security testing performed by a team of security experts, also known as “ethical hackers,” to assess the security of a computer system, network, or software application. 

The goal is to identify potential security vulnerabilities or weaknesses and to recommend measures to improve the overall security posture of the system. This is done using the same methods and techniques as malicious hackers but focusing on finding and fixing security issues instead of exploiting them. 

Ethical hacking is performed with the organization’s consent and conducted in a controlled environment to minimize potential harm. It is a critical aspect of modern-day cybersecurity, as it helps organizations stay ahead of cyber threats and protect sensitive information.

Why is ethical hacking the Best Way To Test Traditional Defenses Against Cyberattacks?

Ethical hacking is a critical aspect of modern-day cybersecurity. It is a proactive approach to identifying vulnerabilities and weaknesses in computer systems, networks, and software applications before malicious hackers can exploit them. Organizations can prevent costly data breaches, reputational damage, and other negative consequences from a cyber attack by performing ethical hacking.

One of the critical purposes of ethical hacking is to test the strength of an organization’s cybersecurity defenses. Ethical hackers use the same tools and methods as malicious hackers, but instead of causing harm, they report their findings to the organization, providing recommendations for improving security. This allows organizations to identify and fix security weaknesses before malicious actors exploit them.

Another purpose of ethical hacking is to help organizations comply with industry regulations and standards. For example, many industries, such as healthcare and finance, have strict requirements for protecting sensitive information. Ethical hacking can help organizations comply with these regulations, avoiding hefty fines and other penalties for non-compliance.

In addition to improving security and compliance, ethical hacking can help organizations build trust with their customers and stakeholders. Organizations can establish a reputation as trustworthy and reliable business partners by demonstrating a commitment to securing sensitive information and protecting against cyber attacks.

Ultimately, ethical hacking aims to create a safer and more secure online environment. By proactively identifying and fixing security vulnerabilities, organizations can protect against cyber attacks, minimize risks, and provide peace of mind to their customers, employees, and other stakeholders. Whether you are a business owner, a corporate executive, or a cybersecurity professional, investing in ethical hacking is an innovative and necessary step toward creating a more secure future.

Explore a career in cybersecurity with Imarticus Learning

Do you want to master digital defense? You can obtain the knowledge and abilities required for success in today’s tech-savvy world from a Network Security course. By learning an ethical hacking certification course, join the ranks of professionals working as penetration testers, subject matter experts, analysts, incident handlers, or SOC Team members. Your ticket to becoming a cyber security celebrity!

Our knowledgeable faculty will provide hands-on instruction in security processes, tools, software, and techniques. To improve the learner’s profiles and get them certified for the Certified Ethical Hacker Practical exam, we have partnered with EC-Council. Our career services offer resume-building sessions, interview workshops, and mock interviews to assist you in preparing for placements. 

 Course Benefits For Learners:

  • This cyber security course with placement is the perfect way to prep for a career in ethical hacking and penetration testing! 
  • Our instructors will help you become a cybersecurity analyst by providing rigorous SOC team training and teaching essential problem-solving techniques, arming you with the knowledge to dominate cyber threats!
  • This cyber security training will cover the fundamentals of security practices, techniques, tools, and tactics, which come with a job interview guarantee.

IIT Roorkee proves its expertise in digital marketing: Best courses 2023

Introduction

The digital marketing industry is predicted to grow by 17.6% between 2021 and 2026, reaching a valuation of USD 807 billion. This makes digital marketing a crucial skill. Several digital marketing courses offer placement, but IIT Roorkee’s digital marketing certification course stands out. Read on to know Several digital marketing courses offer placement, but IIT Roorkee’s digital marketing certification course stands out. Read on to know why! digital marketing.

Requirements Of Digital Marketing Courses

1. Data Analytics.

The course must train learners to use modern software.

It should elaborate on how the software works.

It helps students make sense of large data sets.

2. Create Content

The course helps students create the right content for the right audience. It also teaches them the basics of Search Engine Optimization (SEO).

3. SEM and SEO

Search Engine Optimization (SEO) and Search Engine Marketing (SEM) knowledge are crucial for digital marketing.

These improve the content’s reach.

4. CRM

Customer relationship management helps monitor customers to maximize their experiences.

Connecting with the consumers at a personal level enhances the chances for customer loyalty.

5. Communication Skills

Communication skills help to spread impactful messages, build relationships, and establish trust.

Develop the ability to articulate different perspectives for marketers to allow concise, clear, and interesting content that audiences find entertaining.

6. Social Media Skills

Use social media to convey a relevant message to the appropriate audience.

Maintain quality, relevance, and engagement for the audience to build contents that help business growth.

7. Basic Design Skills

·         Technical design knowledge allows higher SEO ranking, engagement, and conversion rate. Knowledge of digital tools with marketing strategies is used to enhance customer outreach.

8. Allied Skills

The courses should allow learning of SEO online digital marketing courses with placement.

What sets the IIT Roorkee digital marketing certification course apart?

With the knowledge of the essentials of a digital marketing course in 2022, we will discuss how the certificate course from Imarticus Learning and IIT Roorkee proves its expertise in the domain.

Graduates earn a certificate from the reputed IIT Roorkee. This will allow learners to upgrade their profiles and land their dream jobs.

The curriculum offers vast topics and skills required critical for digital marketers. It covers various topics, including digital marketing perspective, comprehending digital consumers, and strategy and planning.

Learners will be taught modules on content, email, mobile, and social media marketing. The course also includes a curriculum of influencer, e-commerce, and affiliate marketing.

The course covers tools and technologies relevant to digital marketers. These include Google Analytics, keyword planner, search console, and tag manager. Tools like Spyflu, Canva, and word press are among the key lessons.

IIT Roorkee digital marketing certification course provides expertise in digital marketing as it has an unparallel quality of instructors. We provide live sessions by faculties from IIT. Moreover, experts from the industry with impressive backgrounds offer hands-on experience through projects to learners.

Learning SEO online digital marketing course with placement has course effectiveness. The course has produced alums working at top firms such as Ogilvy, Dentsu, and DDB Mudra Group, among others. These placements define the efficacy of this IIT Roorkee digital marketing certification course.

The course is effective in providing real-world application of the modules learnt. The industrial projects in the course are intricate with case studies. They give a sneak into the digital marketing strategies of large brands. These include companies such as Cadbury, Hindustan Unilever, and Tata Motors. The comprehensive course allows learners to understand the process of streamlining marketing although digital marketing strategies.

The learners of the course get a campus immersion benefit. They can visit the IIT Roorkee campus and interact with their peers. The course-takers can gain an enriching experience of campus life.

Course Details for the Expert Certification

This digital marketing course with Imarticus is one of a kind. The IIT Roorkee digital marketing certification course helps learners meet their training needs. Over 4.5 months, it helps students learn SEO online digital marketing with placement. The course also allows them to interact with peers at IIT Roorkee and experience campus life. The course enables candidates to have extensive career support. The training is tailored to provide placement support to each candidate to ensure that they attain their unique career goals.

Final Thoughts

If you are looking for career growth with personalized coaching, resume building, profile enhancement, and interview preparation, we at Imarticus learning offer you the same. Integrated learning enables learners in the MarTech sector to explore unlimited opportunities. We at Imarticus Learning aim to provide students with continued support as they explore their careers in the field of digital marketing.

What are the prerequisites before you apply for the Chief Supply Chain officer course

An efficient supply chain is the backbone of any modern business, and to manage the operations, every organisation needs a capable team, a team that has the right blend of youthfulness and experience. Since this team will be primarily responsible for sourcing the material for production to distribution, firms look for managers who will be able to handle the team and achieve the goals set by the firm.

Hence, there is a great demand for expert supply chain managers who can handle all the operations in an organised and efficient manner. This is why it is the right time to begin a career in supply chain and operations.

What is supply chain management?

According to a Fortune magazine report, the entire logistics industry is worth USD 1.3 trillion. However, there is a manpower crisis that the supply chain industry is facing. There is an average requirement of 1.4 million new supply chain workers. It means that there are a lot of opportunities for the right candidate. All they need to do is complete their chief supply chain and operations officers course.

Since there is a wide range of jobs after pursuing the programme, the students need to simply fulfil the academic and professional prerequisites before they apply for a job in supply chain management.

The different sectors in supply chain management 

There are various sectors in supply chain management in which candidates can search for a job. These sectors are:

  • Aviation
  • Manufacturing and distribution sector 
  • Logistics companies
  • Shipping corporations

Candidates can choose jobs for designations like Supply Chain Manager or Supply Chain Director, or they can also choose to work as a purchase manager of a supply chain or a strategic planner and can even choose to manage the inventory. The average annual salary of a supply chain manager is in the range of ₹8 to ₹10 Lakhs.   

How is supply chain management important for all industries?

Supply chain optimization helps in business transformation. Companies like Apple and Amazon have re-designed the usual supply chain formula for removing bottlenecks like inventory stagnation and lower prices to gain an edge over the competitors.

Another example in this regard would be DHL, which was able to challenge the old paperwork-based system of processing border checks. They changed the norm by sending the customer’s paperwork before the delivery of the package. This helped to quicken the delivery process. In both the cases mentioned here, efficient and well-designed supply chain management came to the rescue of the customer and company both. It helped them to save time and money and saved both the company and the customer a great deal of time and money and saved them from any type of hassles.

Prerequisites for applying for the chief supply chain officer course 

There are multiple prerequisites for entering the field of supply chain and management. There is academic and professional eligibility that a candidate needs to fulfil. These criteria are mentioned below: 

Academic prerequisites

If you want to begin chief supply chain and operations officers online training, then the academic eligibility criteria are:

  1. You need to have completed a 3-year bachelor’s degree course. The academic aggregate can differ as per different college/university requirements. The college or university should be a recognised one. Also, make sure that you have scored the minimum percentage that the institute has mentioned.
  2. Candidates should be from a science or commerce background, preferably. You can have a Physics/Maths/Statistics/Economics/B.Sc (PCM)/B.E/B.Tech. Although there are no educational criteria, having this background will help the candidate grasp the course content easily.
  3. If candidates have an understanding of optimisation techniques in business and know about project planning and cost efficiency, then it would be highly helpful.
  4. Any additional qualification like SAP (CRM) would also be helpful for the candidate to have a better understanding of the course.  

Professional prerequisites

  1. Prior experience in the supply chain is highly beneficial for students as they will be able to understand job-related concepts better than the rest as they have hands-on knowledge. 
  2. APICS, CPIM or CSCP certifications help to understand supply chain management extensively.
  3. Proficiency in MS Excel is necessary because it helps in inventory management.
  4. A supply chain manager should also understand Databases, Charts and Graphs.

Conclusion

Building a career in supply chain and operations is not a massive hurdle anymore. You can do it with the help of a simple course from leading educational institutions like Imarticus Learning. Here, you can enrol for Professional Certification in Supply Chain Management and Analytics, which the faculty of the IIT Roorkee teach. Besides an extensive program from experienced industry professionals, you will also receive placement assistance from them, which will help you find the next step in your career.