Last updated on March 7th, 2022 at 08:37 am
IIT supply chain management manages supply chain activities to optimize customer value and gain a last competitive advantage. Supply chain organizations deliberately attempt to construct and run supply chains most effectively and efficiently feasible. Product development, sourcing, production, and logistics are all covered by supply chain operations, as are the information systems required to coordinate them.
The supply chain analytics certification at Imarticus covers the following points:
- The first is that almost every product that reaches a customer results from a collaboration between several firms. The supply chain refers to all of these businesses working together.
- The second point is that, even though supply chains have been there for a long time, most businesses have solely focused on what happens within their "four walls." Few companies comprehended, let alone managed, the complete chain of events that led to the final delivery of products to the client. As a result, supply chains have become disconnected and inefficient.
- Further, the organizations connect with physical flows or information flows.
A physical flow transforms, transit, and storage of items and materials. They are the supply chain's most visible component as the flow of information is crucial for every organization.
Information flows are essential for every organization as it governs the day-to-day flow of goods and materials moving around the supply chain. The SCM program at Imarticus helps develop the strategy to take care of the needs and requirements of the customers.
How to Become a Supply Chain Analyst
Data collection is essential for working in any organization, but management and handling of data to be helpful in the organization is even more crucial. You can have a promising career in supply chain analytics.
So, what does supply chain analytics do? A supply chain analyst examines the flow of goods through a distribution system. The analyst looks for flaws in the current process and then works to find solutions to enhance it, ultimately boosting supply chain performance.
Further, analysts are essential at every level of the supply chain management process, including obtaining data, interpreting data, communicating with supervisors, peers, and subordinates, and facilitating decision-making.
Stages of Supply Chain Management
Every stage of supply chain management requires analysts. Analysts are critical in every aspect of the supply chain, from material procurement to network architecture and all in between. Here are some supply chain management stages (areas) to consider:
- Raw material sourcing
- Production planning
- Inventory management
- Demand planning
- Distribution planning
- Network design
Career Options at Supply Chain Management
Supply chain management is a lucrative career opportunity. By opting for SCM course at Imarticus, you have the following career options:
- Sourcing analyst
- Material analyst or material planner
- Production analyst
- Inventory analyst
- Demand planning analyst
- Deployment analyst
- Transportation analyst
- Supply chain modeling analyst
