The Advantages Of Having An Industry Certification In Supply Chain Management

 The Advantages Of Having An Industry Certification In Supply Chain Management

Firms are increasingly embracing analytical standards to improve their decision-making capabilities and supply chain efficiency due to the complexity and increase of supply chain operations as a result of globalization. To compete in a competitive market climate and increase quality, a company’s supply chain managers must respond to disruptions quickly and effectively. A well-functioning supply chain ensures timely fulfillment of goods and services when catering to ever-changing client demands.

Higher employee efficiency rates, lower prices, better profit margins, increased outputs, and so on are all advantages of supply chain management for the firm. As a result, firms are always on the lookout for people who have completed certifications in supply chain management and wish to pursue a supply chain management career

In this post, we’ll go over the benefits of getting an industry certification in supply chain management and one of the top supply chain management and analytics courses for a successful supply chain management career.

Advantages Of Completing An Industry-Certified Supply Chain Management Course

There are various advantages of completing an industry certification in supply chain management, a few of which have been listed below:

  1. International recognition

Top worldwide organizations and MNCs recognize a certification in supply chain management certified by industry experts and councils. It is easier to advance a supply chain management career and work for an international organization if certifications are recognized internationally.

  1. More job opportunities

Once the industry accepts the certification, it opens doors to various job roles in that field. In the case of supply chain management, you can easily apply to any of the following job roles:

  • Business Analyst
  • Planning Manager
  • Director of Logistics Management
  • Distribution Manager
  • Director of Supply Chain Management
  • Global Procurement Manager
  • Commodity Specialist
  • Purchase Head
  • Supply Chain Manager
  1. Better pay scale

Employees who complete additional supply chain certifications get more job opportunities and better pay. Most of the time, the salary of already working employees is increased after the certification. If the graduate is fresh, they have a better chance of getting a higher package than other selected candidates. According to Glassdoor, the average salary of a certified supply chain manager is around 12 lakh.

  1. Well-informed decisions

As the global supply chain gets increasingly complex, the requirement for well-researched judgments has become vital. An industry-certified supply chain management training can help you learn important topics and make better judgments. A well-informed decision will help the organization meet its objectives, such as enhanced profit margins, firm efficiency, and sales. Companies are continuously looking for people who have finished a certification in supply chain management and can see difficulties in decision-making and leveraging market data.

  1. Keep up with the newest market developments

You’ll learn to deal with newer market developments if you take an industry-specific supply chain management and analytics course. It’s a terrific chance to stay on top of supply chain developments and put them into practice. It’s also the perfect time to keep up with new technology in the industry and take the lead within your organization. You may keep a close eye on each new development and improve communication with vendors, consumers, and your company.

Professional Certification In Supply Chain Management & Analytics Course By IIT Roorkee

The Professional Certification in Supply Chain Management and Analytics is an industry-certified supply chain management program developed in collaboration with Imarticus Learning by IIT Roorkee, CEC, and industry professionals to provide individuals interested in pursuing a supply chain management career with cutting-edge experience and knowledge.

Supply chain management courseThe Professional Certification in Supply Chain Management and Analytics course helps professionals make more data-driven decisions at the operational, strategic, and tactical levels.

This industry-recognized program prepares you for high-demand supply chains management positions such as supply chains manager, procurement manager, and demand planner.

Following are the various highlights of the Professional Certification in Supply Chain Management and Analytics course by IIT Roorkee:

  • Students who complete the 6-month certification in supply chain management will be rewarded with a certification from IIT Roorkee.
  • It allows you to schedule one-on-one mentoring sessions with industry leaders and experts to clear all your doubts and questions related to this ever-growing industry.
  • The Professional Certification in Supply Chain Management and Analytics course is conducted online by IIT experienced faculty members and guest sessions by supply chain management experts.
  • It follows a rigorous industry-oriented curriculum that teaches students job-relevant topics and skills to secure a high-paying, in-demand job.

Conclusion

Supply chain management is a rapidly growing sector due to the epidemic’s disrupted supply chain and globalization. The Professional Certification in Supply Chain Management and Analytics course is a 6-month program that helps students keep up with the latest market trends, learn essential supply chain management skills from IIT Roorkee faculty, and participate in a 3-day campus visit to IIT Roorkee. It is industry certified and follows an industry-oriented curriculum, allowing you to work for any top organization.

Please contact us for any queries or visit any of our training campuses in Mumbai, Thane, Pune, Bengaluru, Delhi, Chennai, and Gurgaon

Supply chain management certification: The key to empowering supply chain professionals

Supply chain management in commerce is the process of managing the flow of goods and services, between businesses and locations. A supply chain career involves the storage and movement of raw materials, inventory, and also finished products. It also involves managing order fulfillment from the source of origin to the source of consumption. Read on to know more…

Why is a supply chain management certification required?

With the passage of time, technological innovations, growing population, and ever-increasing demand for commodities, the delivery of goods and services in our global economy have become challenging and increasingly complex. Large businesses and robust organizations are in constant need of supply chain managers for managing the deliveries and other operations related to the supply chain. Therefore, studying a course and pursuing a career in supply chain management is quite a lucrative option. You will learn how to execute the choicest practices in procurement, purchasing, logistics, inventory management, distribution, and compliance.

Notably, supply chain managers and professionals face numerous challenges in business operations such as disruptions, risks, and an increase in market competition. Once you take up a course, you will learn how to effectively minimize the damage incurred because of supply chain disruptions, plan out risk management methods and strategize cost reduction policies. A certification course in supply chain management will give you the skills you need to become a valuable asset to your company in contributing to the effective working of the supply chain.

Benefits of taking up a supply chain management course

Here are some reasons a course in supply chain management can be beneficial to you:

  • Career boost: If you are already an analyst manager or a part of handling logistics, taking up a good course and getting certified as a supply chain professional is bound to give your career opportunities the boost it requires.
  • More knowledge about business operations: Pursuing a career in supply chain management will give you the skill set required for managing a company’s supply chain with ease. Not only will it give you the credentials to get a promotion in your organization, but also the knowledge about dealing with the complexities of the supply chain and how things work for the smooth process of delivering commodities between suppliers and consumers. You will easily be able to troubleshoot any problem and mitigate any risk during manufacturing or distributing goods and services.

 

  • More job opportunities and prospects: An SCM certification will be like a feather on your cap that will give you an edge over different candidates who have no formal training in this field.
  • Help you stay updated: Supply chain management courses will help you keep abreast with the latest developments and ongoing trends in this sector.

What you will learn in a supply chain management course?

 

  • Designing value in SCM: You will learn how to design value in the global supply chain with decision-making tools and make decisions for forecasting and planning through quantitative methods.
  • Enterprise resource planning: You will learn about ERP for the integrated approach, the core structure of ERP-related systems, and different ERP techniques and tools for SCM.
  • Supply chain operations: You will learn about various SCM operations like concepts, conceptual framework, latest trends, technologies, operational measures, operational activities, demand planning, and forecasting. 

Conclusion

A course in SCM will teach you the most important concepts used in strategy, inventory control, and the like. A supply chain analytics course or a professional supply chain management course from Imarticus Learning will take your supply chain career to greater heights. 

What are the responsibilities of a certified supply chain analyst ?

Supply chain analysts are the backbone of every organization. They take care of all logistics, from managing inventory to ensuring that products get to the right place at the right time.

Supply chain analysts are in charge of ensuring that products and services get to their destination on time. They also ensure that these items are handled with care, which means they have to work closely with suppliers. Supply chain analysts need to be responsible for everything from knowing how much inventory is required at each location to ensuring the correct product arrives at the right store. 

Who is a Supply Chain Analyst?

A supply chain analyst works for a company to improve its bottom line by looking at the complete picture of its operations. A certified supply chain analyst will understand how all aspects of production and distribution affect profitability and how operational changes can be made to increase profits. It is imperative to explore what a supply chain analyst does and what responsibilities they have to answer the question “what are the responsibilities of a certified supply chain analyst?” Becoming a supply chain analyst is an excellent way to enter the field of business. 

best supply chain management and analytics coursesKey roles and responsibilities of a Supply Chain Analyst:

  • Work with the management team to identify areas for improvement and implement changes 
  • Analyze data, ensure that processes are efficient, monitor product flow (location of goods), inventory levels, etc. 
  • Collaborate with other departments within an organization to achieve common goals. This may include working closely with the supply chain managers to determine how best to allocate resources based on production schedules or shipping deadlines; understanding facility layout to avoid making it difficult or inefficient for employees; ensuring worker safety by analyzing equipment effectiveness and ergonomics. 
  • Supply chain analysts are responsible for keeping track of all aspects of how goods are created, transported, sold, and delivered. They make sure that businesses have everything they need before it becomes necessary to order more. These professionals need to keep up with new technological advances to be prepared for what comes next in business.

Grow and Transform with Imarticus Learning:

Future-proof your career with the new-age curriculum with the supply chain analyst course offered by Imarticus Learning. The Certification Course is designed with DoMS and E-learning Centre, IIT Roorkee & industry leaders to provide a cutting-edge experience to candidates who wish to enter the operations & supply chain industry.

Supply Chain Analytics enables management to make data-driven decisions at strategic, operational, & tactical levels. This certification prepares you for high-demand job roles such as Demand Planner, Data Scientist, Supply Planner, and Supply and Operations Planner.

Supply Chain Management Online Course USPs:

  • The six-month program is uniquely designed by IIT faculty & industry leaders.
  • With the ever-increasing trend of e-commerce, the amount of movement of goods has been ever-increasing. The program prepares you to gain from this opportunity.
  • Learn from one of the best faculties in India through live online sessions and discussions.
  • Solve complex real-industry problems demanding a thorough understanding of concepts, mastery over a skill, and understanding the business context. 
  • Boost your resume and stand out with these real-world SCM projects.

Can blockchain resolve certainties in supply chains?

Blockchains can be referred to as an upcoming technology, which has enough abilities to reduce cyber security risks available in supply chains. These mostly deal with an auditable, inconvertible history of transactions, bringing about a verifiable identity. 

To begin with, blockchains can be understood as a digitally distributed ledger that tracks transactions among several parties. It is best known for its remarkable roles in cryptocurrency systems, in order to maintain transactions that are mostly decentralized. Blockchains mostly deal with the security and understanding of information, in order to generate trust without any third-party providers.

If you are aiming to become a supply chain analyst, then this article will provide you with information regarding the role of blockchains in supply chains. 

How do Blockchains Enhance the Functioning of Supply Chains?

  • Data Visibility: Increased data visibility could bring about greater transparency and trackability of up-to-date information. Once included, these records cannot bring about change. For instance, these roles are best applicable in the cases of food safety. Data visibility allows you to track mistakes and enhance the safety of the products.

 

  • Process Optimisation: Blockchains provide help to optimize business operations and processes. Inefficiencies present in the supply chains are mostly manual, application-based procedures that can cause mistakes, increase fraudulent activities and bring about difficulties in management processes. 
  • Technical Considerations: Several requirements such as scalability, integrity, and security must be met in an enterprise ecosystem. The blockchains designed for business purposes bring about a sense of identity as well.
    Infrastructure also plays an important role as protection must be provided against the tampering and misuse of information. This can also add up to a higher rate in the production of data at a fast rate. Round the clock, availability is also included to support ledger replication.
  • Collaboration: Blockchain helps in combatting collaboration issues by adding up data and providing a centralized platform. Intermediary requirements are also negated by saving the organization’s primary aspects such as time and finances. It also helps to decrease miscommunications and problems, creating a platform where people can function efficiently.
  • Increased Automation: Most freight invoices comprise inaccurate and unnecessary information. These bring about vulnerabilities such as errors and miscommunication, leading to inefficient supply chain management.

 

Blockchain plays an adjusting role by bringing about suitable product activities. Delivery speed also increases, which finally leads to better services.

Advantages of Blockchains in Supply Chains:

The role of blockchains is to provide successful transactions or transaction facilities. 

  • ERP Software is mandatory when it comes to storage functions and managing business activities which include handling of employees, production as well as accounting. Blockchain makes such functions smoother by connecting all the organizations in order to bring efficiency to the whole process. 
  • Life cycle management is properly enhanced with the help of blockchain technology. Sufficient feedback is provided to the consumers and other members who are part of the supply chain. A distributed consensus is realized where online transactions can be understood in the future. 
  • Blockchains store products, order details, and IoT. Order and transportation are also provided to find the trust of all stakeholders present in the supply chains. These sensors are mostly updated over the cloud and real-time tracking. 
  • Blockchain systems are applicable to not only managerial sectors but to healthcare, agricultural, and legal facilities as well. Inventory management, forecasting, asset tracking, and intellectual property storage area used by blockchains to make the supply chains more alert. 
  • Real estate industries are heavily benefited from blockchains because complete decentralization is provided. 

Conclusion:

If you are looking for a supply chain and analytics management course, then Imarticus Professional Certification in Supply Chain Management and Analytics is the most ideal course available.

best supply chain management and analytics coursesLessons provided from IIT supply chain management based in Roorkee, the course provides for live sessions with faculty experts and a curriculum approved by industrial leaders.

Opportunities for working with international SCM projects are also provided. Overall, this certificate course will fulfill all your interests in blockchains and supply chain management.

Role of social media in a supply chain analytics course

With the boom in technology, companies encourage their employees to embrace and actively participate in social media platforms. The vigilant and active social media approach helps the companies expand their online reach and identify and tap new revenue sources. 

The Supply chain analytics certification, in addition to the activeness of employees on social media, helps to build active brand awareness.

Over time, the logistic arena has embraced social media in the supply chain tactics. Although widespread adoption of social media in the supply chain is unlikely to occur overnight, a gradual adoption over time appears to be the safe bet.

Social media could dramatically transform the industry’s procedures. Supply chain management professionals are currently keeping a close eye on what’s going on in social media and preparing themselves as best they can for future developments.

The SCM course at Imarticus prepares you to become supply chain analyst.

How Social Media is Useful in Supply Chain

We cannot deny that social media is all about forming connections and utilizing them throughout the supply chain. When the supply chain partners use social media, they get insight into a variety of supply chain, industry, and competition challenges. It also helps establish partnerships and identify critical performance indicators, such as a carrier’s on-time performance or slow shipper payments. Some business entities also use social media to gather feedback from their clients and improve suggestions.

Supply chain participants can also use social media to keep track of supply chain events and transactions, such as a delivery delay or a carrier failure to pick up a shipment, and keep everyone informed about current happenings. Companies may know about a shipment’s arrival or departure from a particular warehouse through Twitter messages. Twitter can announce the demand for specific loads or notify drivers about accidents or road closures. Social media also helps companies get more timely and meaningful information about risks and occurrences, allowing them to take remedial action faster and reduce the impact of a supply chain interruption.

It is a valuable tool for supply chain professionals to find innovations, evaluate commodity and pricing trends, capture best practices, and engage with clients, colleagues, and suppliers, social media. It can improve existing processes, reduce risk, and boost efficiency. Businesses may promote supply chain innovation by leveraging the pooled ideas and knowledge of supply chain players, which leads to continual improvement and commercial growth.

Supply chain management is about finding the most efficient means to convey information to the ultimate users. Inevitably, social media aids in disseminating critical information and continues to be an effective and successful means for businesses to communicate that information quickly. Companies that disregard social media miss these prospects and potential commercial growth.

Do you want to utilize social media in your IIT supply chain management operations? For this, you should thoroughly evaluate both its benefits and the implications.

We at Imarticus, through the SCM program, teach you to improve supply chain management utilizing social media. It can improve visibility, communication, control, and minimize operational and personnel expenses. With a more efficient and reliable supply chain, you can have improved customer satisfaction. The benefits of adopting social media to better supply chain management do wonders for your organization, and you will feel these benefits throughout your entire firm.