Last updated on December 7th, 2021 at 07:06 am
Do you know why you should future-proof your career with a professional certification in supply chain management & analytics (SCM)? Nowadays, companies highlight the need to digitize their business processes in order to have more competitive, resilient, and flexible supply chains.
For this reason, those companies that have not yet started down this path have rethought their short and medium-term strategy by committing to the digitization of their supply chains. It is therefore the perfect time to take a logistics and supply chain management course.
What do we mean by digitizing the supply chain?
When we talk about digitizing the supply chain, we are referring to the introduction of advanced technology for management from the generation of demand or the purchase of raw materials to delivery to the end customer, including sales, production, logistics, and transport, and focusing on critical and key points such as inventory management, supplier relations, delivery control, and smart order management.
Why digitize the supply chain?
This technology makes it possible to reduce and/or eliminate tasks that lack added value in daily management and helps companies to deliver their products and services faster, more efficiently, at a lower cost, with higher quality and a better level of service.
Correct implementation and management of the new systems will add value to the business through smooth planning and execution of operations, getting the maximum profitability of each activity. This is achieved because today’s planning systems provide end-to-end visibility of the supply chain, allowing managers to monitor and track the status of all tasks occurring in real-time (at suppliers, plants, warehouses, distribution centers, etc.).
This continuous traceability will enable the identification of inefficiencies and potential problems, improve decision making and contribute to overall business growth.
Other notable benefits arising from the digitization of the supply chain are as follows:
- Reduced delivery times: thanks to greater visibility and traceability in orders and greater availability of information, the status, and location of each order will be monitored at all times, allowing for real-time incident resolution, or more agile and intelligent decision making.
- Improved collaboration: supply chain managers, their suppliers, and customers will be aware of what is happening at all times and will be able to share crucial information dynamically and in real-time, which increases efficiency and fluidity in the management of the entire chain.
- Cost reduction: digitization will help reduce overall costs by optimizing inventory management, creating more accurate forecasts, improving demand planning, etc.
Thanks to digitization, this supply chain management course will make you able to make decisions that mitigate risks, give companies a competitive advantage in the marketplace, and optimize virtually all operations at a minimal cost.
In the face of competition, investing in supply chain digitization has become a necessity, as it has been proven that those who have already implemented specific supply chain technology solutions, as well as those who have developed solutions based on their ERP (enterprise resource planning), are now able to significantly improve their efficiency, performance, and productivity, as well as quickly monetize their investment.
It is clear that to keep up with the advancement of business, it is necessary to get at least one logistics and supply chain management course. To stay ahead of the competition, this supply chain certification prepares you for today’s challenges with a practical and up-to-date understanding of the industry.