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Tag: SCM courses

How a supply chain management training is proving helpful during the pandemic

Posted on by Imarticus Learning

How supply chain management training is proving helpful during the pandemic

As the world got rocked by an unprecedented pandemic, the supply chain management course proved to be one of the best decisions for some students. With this type of training, businesses are more prepared to ramp up their production and need a healthy workforce to handle it. In this blog post, students will learn the importance of a supply chain management career. So, let us start with the fundamentals of supply chain management.

What is supply chain management?

Supply chain management is a network of entities involved in the process that begins with raw materials and leads to production, warehousing, distribution, and marketing. The goal is for distributors to get products into the hands of consumers efficiently by reducing costs while also maintaining product quality at all times. 

It is where supply chain management training comes in!

Supply Chain Management Training: Why it’s important?

SCM is a thorough understanding of demand and inventory management. How stock prices fluctuate based on market movements are just reasons companies should invest in staff members who have undergone supply chain management training.

Typically, students interested in this type of career can complete a Supply chain management online course that focuses extensively on business and marketing principles. Students will learn how processes can be improved by effectively providing resources at each stage of the distribution process, including manufacturing, warehousing, transportation, marketing, and distribution.

How A SCM Training Is Helpful During Pandemic

The importance of supply chain management gets neglected, but it is an integral part of any organization’s success. Good supply chains focus on internal processes and external factors such as suppliers, product development, finance & accounting, etc. They drive customer satisfaction by lowering risk exposure from poor quality or discrepancies with stock levels that might result from errors during production or logistics operations.

 The time when products arrive at their end destination should be minimum and consistent with the manufacturing time.  The quality of products needs to match customer expectations. The supply chain must reduce risk exposure caused by external factors such as poor weather conditions. It might affect transport costs or delays due to political events or strikes. 

 In many cases, this is important when companies lack capacity or because it makes sense from an operational cost-savings perspective. Since purchasing power may still help drive down costs and improve the bottom line. It is also an essential aspect of supply chain management. 

Why Enroll in SCM Program at Imarticus Learning

The Professional Certification in Supply Chain Management online course and Analytics is created in partnership with DoMS and E-learning Centre, IIT Roorkee, and industry professionals. Imarticus Learning aims to equip candidates interested in entering the operations and supply chain business with cutting-edge experience.

Supply Chain Analytics allows management to make data-driven choices at the strategic, operational, and tactical levels. There is a scarcity of experts with the process and analytical skills in the Supply Chain Management area. This credential prepares students for jobs such as Demand Planner, Data Scientist, Supply Planner, and Supply and Operations Planner, which are in high demand.

Some course USPs:

  • The Supply chain management course lets the students learn job-relevant skills that prepare them for an exciting Supply chain management career.
  • Impress employers & showcase skills with a certification endorsed by India’s most prestigious academic collaborations –  IIT Roorkee and Imarticus Learning.
  • World-Class Academic Professors to learn from through live online sessions and discussions. This will help students understand the practical implementation with real industry projects and assignments.

The value of an IIT supply chain management certification

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The value of an IIT supply chain management certification

Supply Chain Analytics Certification facilitates managing the movement of goods and services. It also deals with meeting customers’ needs in a timely and economical way. The demand for Supply Chain Managers is increasing at a high rate and has surpassed other professions. This is because SCM managers are the crucial links for the operations. 

If you are looking to work in a global company that deals with logistics internationally, then the course is the correct train to your destination. This course will equip you with the knowledge of cross-border relations and other aspects of the Supply Chain.

The Supply Chain Analytics Certification at Imarticus will enhance your portfolio to secure a prospective job in the company. With an IIT certificate in Supply Chain Management, you can pursue a top career in roles such as Data scientist, Supply Planner, Supply and operations planner, and Demand Planner. With your basic understanding of operations management and programming, you can further excel in the various course segments. 

What makes IIT certification in Supply Chain Management special?

The course connects Supply Chain Management with Information technology tools such as Machine Learning, Blockchain, and Big Data Analytics. The 6 mega projects offered in the course will give a clear picture of the industry. 

We, at Imarticus, offer one-to-one mentorship with Industry experts who hail from top companies around the world. Our course will also allow you to connect with the multi-national network of professionals who work in the industry and own Logistics companies. This will offer you an opportunity to increase your network of connectivity and simultaneously gain skills from the experts. 

Why do you need Certification In Supply Chain Management?

Suppose you are a business professional who wants to upgrade your knowledge in Supply Chain Management and explore analytics. In that case, it is right to seek more as this course offers case studies that you can perhaps relate to your job. 

On the other hand, if you are a student who has a keen eye for creating sustainable supply chain solutions through data analytics, then this course would sharpen your skills. The course would enhance your potential and give you both theoretical and practical knowledge. 

Supply Chain Analytics Course Training will help you learn and experience the analytics role and the dynamics of SCM analytics. You will learn to work with SCM data and get practical exposure to analytics techniques and tools. On completion, you’ll have theoretical and practical skills to efficiently conduct analytics and optimisation to meet your organization’s SCM needs.

What kind of concepts would be covered in the course?

The course will help you understand the key role of analytics in Supply Chain Management and the current dynamics related to the industry. The course would give you a brief insight into Cognitive analytics, prescriptive analytics, predictive analytics, and Descriptive analytics.  

  • The Bullwhip-effect
  • Risk-pooling
  • Supply Chain Design 
  • Just-in-time Planning and Control
  • Supply Chain coordination 
  • Project management techniques
  • Real-time route optimization

If you have the right set of tools in the SCM and think that there is a lot to explore, then you simply have to visit here.

Supply chain management course with analytics: The cog that keeps things moving

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Supply Chain Management Course with Analytics: The cog that keeps things moving

The term “supply chain management” conjures up images of warehouses and trucks for many people. But the reality is that SCM is so much more than that. In today’s world, the supply chain is complex and global, and it requires a sophisticated understanding of data and analytics to manage effectively. 

So, in this post, we’re going to look at What supply chain management is, the different aspects of SCM, How analytics play a role in optimizing the supply chain, and the benefits of pursuing a supply chain management course with analytics. 

What is Supply chain management?

Supply chain management (SCM) is the process of coordinating and optimizing all the activities in the supply chain, from raw materials procurement to manufacturing to distribution. The goal of SCM is to ensure that finished products reach consumers in a timely and cost-effective manner. More and more, SCM is being viewed as a strategic differentiator that can give companies a competitive edge.

What are the different aspects of SCM?

There are four main aspects of SCM:

  • Procurement: This is the process of sourcing and purchasing raw materials.
  • Manufacturing: This is the process of transforming raw materials into finished products.
  • Distribution: This is the process of delivering finished products to consumers.
  • Returns: This is the process of handling returns and refunds.

How do analytics play a role in optimizing the supply chain?

Analytics is playing an increasingly important role in SCM, as it can provide insights that help organizations optimize their supply chains. By analyzing data on things like supplier performance, customer demand, inventory levels, and transportation costs, organizations can make changes that improve the efficiency as well as the effectiveness of their supply chains.

What are the benefits of pursuing a supply chain management course with analytics?

There are many benefits to pursuing a supply chain management course with analytics.

  • First, it will give you a better understanding of using data and analytics to optimize the supply chain.
  • Second, supply chain management training helps you develop the skills needed to manage a complex global supply chain.
  • Third, it will allow you to earn a supply chain certification online, which can help you advance your career.
  • Finally, it will position you for success in an increasingly data-driven world.

Explore SCM course with Imarticus Learning.

Imarticus Learning offers a comprehensive supply chain management course with analytics that will give students the skills and knowledge they need to succeed in today’s data-driven world. The course covers all aspects of SCM and includes a strong focus on analytics. 

Course Benefits for Learners:

  • Imarticus Learning supply chain certification is widely recognized and respected by employers.
  • The course is designed to help learners develop the skills needed to manage a complex, global supply chain.
  • The course is designed by IIT faculty and covers all the latest trends in SCM. 
  • Students will get to learn about various analytical tools and techniques that are used in SCM.

The Advantages Of Having An Industry Certification In Supply Chain Management

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 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. 

Unleashing the Potential of a Supply Chain Analytics Certification

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Unleashing the Potential of a Supply Chain Analytics Certification

Supply chains form the heart of the working of all organizations. It involves the flow of goods and services from the origin point to the consumption destination. However, intense global competition has made these networks complex, generating a massive amount of data. Supply chain analytics works on this data to uncover patterns and generate actionable insights to maximize efficiency and profitability.

Supply Chain Management training has been in demand to keep up with supply chains’ new trends and challenges. Undertaking a Supply Chain Management Certification Online (SCM Certification) course has helped upskill employees, contributing to enhanced logistical and decision-making capabilities. However, one must find the right fit with multiple certifications.

Why is Supply Chain Analytics important?

The significance lies in integrating supply chain management training and data analytics for data-driven, innovative, and result-oriented decision-making. Some critical benefits include:

  • Improvement of profitability

Incoming data from multiple sources provides real-time insights into pain points and drivers to enhance cost efficiency, establish competitive advantage, and maintain proper inventory levels.

  • Risk management

Supply chain analytics also helps discover patterns to predict risks and trends for a planned approach to tackling them to avoid disruptions or breakdowns.

  • Developing value for the customers

Another critical aspect of Supply Chain Management Training is big customer data, which provides a predicted map of future demands. A better analysis provides a better prediction and will help improve organizations’ response to changes in demand patterns and better service to customers. 

  • Implementation of a proper system

Data and its associated analysis will help incorporate new technologies for streamlining supply chains, reducing costs, optimizing product cycles, and improving the operations of businesses. Such a system will be resistant to cyber-intrusions, automated, and comprehensive. 

Why is Professional Certification in Supply Chain Management & Analytics needed?

Professional Certification in Supply Chain Management & Analytics is a professional certification provided by DoMS and E-learning Centre, IIT Roorkee – helping build conceptual understanding and providing industry-oriented exposure. Professionals will be able to learn the following:

  • Recent trends in the supply chain, including analytics
  • Supply chain strategies and their responsiveness and efficiency
  • Drivers and metrics of supply chain performance
  • Ability to design global supply chain networks along with network optimization
  • Introduction to Python programming for forecasting in supply chain
  • Implementation of sales and operations planning in real scenarios
  • Understanding and managing uncertainties in the supply chain
  • Determination of optimal levels of product availability and improving supply chain profitability 

What value addition will the Professional Certification in Supply Chain Management & Analytics certification bring?

  • Cutting-edge curriculum designed by the E-learning Centre in IIT Roorkee to help master the basic fundamental concepts and industry-required skills in analytics
  • A certification from IIT Roorkee provides the advantage of learning from the best faculties
  • Engaging live sessions from industry experts and distinguished trainers will help professionals to apply theoretical concepts practically
  • A campus immersion experience at IIT Roorkee will provide an opportunity to interact with peers and IIT faculty
  • A hands-on approach to solving real-industry issues that will help in understanding the business context of concepts and sharpening skills
  • Mentoring sessions from industry stalwarts
  • Career development sessions and career assistance services like resume building, interview preparations, placement opportunities, etc.

Final Words

Professional Certification in Supply Chain Management & Analytics designed by IIT Roorkee allows learners to take a leap in their careers. The certification enables professionals to secure heavily demanded job roles like demand planners, supply planners, data scientists, etc.

For further queries, contact Imarticus Learning through chat support or drive to our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

It’s time to improve your procurement skills with a supply chain analytics certification

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It’s time to improve your procurement skills with a supply chain analytics certification

The supply chain is a field that comprises a massive amount of data to be handled. In today’s world, leveraging big data in the supply chain is next to impossible without the help of data analytics. Analytical methods use data analytics to collect the data and process it to improve operational efficiency and effectiveness. Taking up a supply chain analytics course plays a vital role in providing decision-making skills to the management at operational, tactical, and strategic levels.

Analytics cover sourcing resources, manufacturing the products, distributing, and ensuring logistics. Therefore, supply chain management careers and posts such as supply and operations planner, data scientist, and demand planner are in high demand. If you have a basic understanding of operations management and are interested in supply chain management, this course is for you.

Why choose us for this Supply Chain Analytics course?

At Imarticus, the Professional Certification in Supply Chain Management and Analytics is a supply chain analytics course exclusively designed by subject experts who have meticulously drafted the curriculum to meet the rising demands of the industry.

The curriculum has been approved by the most prestigious IIT Roorkee, which arms the candidate with the potential to pursue a supply chain management career. We ensure that you get the right mentor to guide you in your education. The course also offers you practical exposure with seminars, workshops, and industrial visits to help you gain experience.

What does the course exactly offer?

This supply chain management course imparts the critical skills needed to attain mastery in the field. Extra credits provided in the course provide flexibility to increase the weightage of the certificate. The course at Imarticus provides the students with supplemental readings, practical problems, and opportunities to create an interactive and collaborative learning environment.

Taking up this supply chain analytics course provides the candidate with immense knowledge of the latest data analytics approaches to support an organization in making data-based decisions. The course is for people who would like to integrate their supply chain management knowledge with the current data analytics system. 

What makes this Supply Chain Analytics course such an in-demand course?

A supply chain analytics course throws light on the ways to collect, evaluate, and improve the quality of supplier-to-consumer metrics and KPIs and support strategic organizational objectives and decision-making.

Supply chain analytics also plays a role in conducting the functions mentioned below, which makes it one of the most in-demand courses in the market:

  • Enhance risk management by detecting current known risks and forecasting future risks
  • Improve planning accuracy by examining data to identify factors that cause a rise or fall in demand
  • Refine order management by collecting data sources to predict demand, assess inventory levels, and detect fulfilment issues
  • Streamline and organize procurement by allocating budgets and analysing expenditures across several departments
  • Increase working capital by making robust models – this helps determine the inventory levels needed to accomplish service goals with minimum capital investment

Students can build data-driven projects in various domains, including competitive analysis, demand forecasting, distribution, and logistics.  

After the supply chain analytics course, the student will receive a certificate validating their expertise in the subjects covered in the curriculum, enhancing their resume and attracting prospective employers’ attention. The supply chain would require data analytics since customer demand increased with each passing day. To meet the diverse demand of the customers and function effectively, it is essential to increase the production and supply chain with a focus on analytics. 

What would you be able to achieve from the Supply Chain Analytics course?

  • Understand and apply business analytics tools to optimize the company’s performance 
  • Gain practical experience to conduct efficient procurement functions
  • Pick the right supply chain strategy to create a competitive advantage in the market
  • Become well-versed with descriptive analytics, predictive analysis, and prescriptive analysis

This course has a lot more to offer, including computer languages such as Python and Tora. Our alumni currently work in the supply chain and logistics departments of Amazon, FedEx, SAP, Nestle, Johnson & Johnson, etc. 

Learn more about the Professional Certification in Supply Chain Management and Analytics from IIT Roorkee 

Supply chain online courses: Probabilistic forecasting and inventory optimization

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Online courses are becoming more and more popular in our increasingly digital world. In 2022, the most in-demand supply chain online courses will be probabilistic forecasting and inventory optimization.

These courses will teach students to use modern technology to better predict future demand and stock levels. If you want to stay ahead of the competition, it is crucial to keep up with the latest trends in supply chain management!

What is probabilistic forecasting, and how can it help organizations improve inventory management practices?

Probabilistic forecasting is a method that uses probability to predict future events. You can use this type of forecasting to help organizations make better decisions about inventory levels and stock-outs.

Some benefits of probabilistic forecasting include:

  • Improved accuracy of forecasts
  • The ability to account for uncertainty
  • The ability to account for seasonality
  • The ability to use historical data to make predictions

Organizations looking to improve their inventory management practices can benefit from online supply chain courses that cover probabilistic forecasting. These courses can help organizations learn about the benefits of this type of forecasting and how to implement it in their own business. 

What is inventory optimization?

Inventory optimization ensures that a company’s inventory levels get aligned with its sales and production goals. It can involve anything from setting stocking levels to managing order frequency. In other words, it’s all about ensuring that a company has the right amount of inventory on hand at all times – not too much and not too little.

You can use several different methods to optimize inventory, but probabilistic forecasting is one of the most popular. This approach uses historical data and statistical models to predict future demand, which you can use to inform inventory decisions.

While it may sound complex, probabilistic forecasting is relatively straightforward – and it can be a very effective way to improve inventory management. If you’re looking to learn more about this approach, check out the best online courses in 2022. 

 Get started on your supply chain education today!

Discover Certificate Course in Supply Chain Management with Imarticus Learning

The supply chain management training online gives cutting-edge knowledge to those interested in taking the operations or supply chain analytics course. Students enrolled in this online supply chain management program will learn about Demand Planner, Data Scientist, and Supply Planter job titles.

Course Benefits For Learners:

  • We immerse students in relevant technologies and projects, such as six real-world projects that will give them a solid understanding of the sector to prepare them for a successful future in Supply Chain Management and Analytics.

  • Students who finish a supply chain management online course can prepare for highly sought-after professions such as Demand Planner or Data Scientist, which are in high demand among businesses today!

  • Students will learn to become data-centric and improve Supply Chain decision-making by utilizing the Python programming language.

Contact us through chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

7 reasons why you must technologize supply chain using advanced analytics and AI

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The supply channels of the industry are experiencing a crucial moment in their existence and those responsible for this vital area for any business face the greatest challenge of their careers; managing an innumerable list of suppliers, information and communication flows, technologies, procedures, and levels of demand, as never before in the history of the global industry.

These supply networks have grown in complexity appreciably and have suffered the consequences of the global economic crisis with particular virulence. To help you understand the importance of technologizing the supply chain using advanced analytics and AI, we offer an SCM program where you can obtain a certification in supply chain management. 

Here are 7 reasons why you must consider technologizing the supply chain using advanced analytics and AI: 

  • Agility is key to success, more than ever. Designing supply chain network systems must work like a clock, and take advantage of new technologies, such as IoT, Blockchain, or Artificial Intelligence, to reach new levels of efficiency.

  • Advanced analytics is another alternative high impact in this world, taking into account the permanent state of evolution and change network provision of any business. Evaluating the best options, those that provide the greatest value and margin, and taking advantage of all the data at our disposal has an immediate positive consequence on the results. Thankfully, our professional certification in supply chain management explains how advanced analytics is beneficial for the supply chain management.

  • The information must be analyzed comprehensively and quickly, with the powerful support of the cloud. Large corporations are moving quickly so that their supply chains are aligned more with your customer strategy, and are connected more directly, accurately, and flexibly. But, above all, an “always ON” supply chain is sought that responds to commercial needs at all times.

  • The interconnection of all its links is crucial for the machinery to function and respond to the demanding market conditions. Analyzing that information has profound implications for B2B processes. For this reason, one of the fundamental attributes of this supplier ecosystem is its “resilience”, understood as the ability to anticipate and react immediately to any potential anomaly that could endanger it.

  • Staying safe from the unexpected requires intelligent use of multiple data sources, new, traditional, structured or not, of diverse typology, even in natural language, and easy to find or obscure to the provider. And all of them must be leveraged by certification in supply chain management.

  • You need expert staff and precisely the links in the supply chain have long suffered thinning plans that have reduced their workforce like never before. And when older veterans leave the organization, they will carry with them a lot of knowledge and experiences that have been treasured for decades, with the consequent brake on exhaustive analyzes that require intelligence to interpret the information.

  • Designing a supply chain network with full intelligence is capable of managing in real-time large amounts of structured and unstructured data from internal and external sources, including data sets that may previously have been difficult to reach. Precisely anticipating future demand and managing assets, inventory, and shipments in real-time improve the bottom line for any operator, requiring an optimized, near-automatic supply model.

The new forms of commerce that have fostered the Internet, the cloud or connected objects will only gain shape if they have the most efficient logistics processes, a modern supply chain that meets their high demands with a permanent journey to excellence. Professional certification in supply chain management offered by Imarticus can lead to a truly digital supply chain. 

2022: The year of IIT Supply Chain Management courses

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If you’re an aspiring business professional, you know that supply chain management is a required field to study. And if you’re   in this field, look no further than IIT! Starting in 2022, IIT will be offering a Supply Chain Management specialization.

This new specialization will cover all aspects of supply chain management, from procurement to distribution. If you’re interested in making your mark in the business world, don’t miss out on this opportunity!

It’s no secret that the supply chain management field is increasing. It can grow by 21% in the next decade. And with the rise of e-commerce and global trade, there’s a growing demand for skilled supply chain managers.

And it’s not just traditional colleges and universities that offer these courses. More and more online schools are offering them as well. So if you’re looking to get into supply chain management, there are more options than ever before.

An overview of Supply Chain Management (SCM) programs at IITs

The Indian Institutes of Technology (IITs) are India’s premier engineering and technology schools. The IITs offer undergraduate, graduate, and doctoral programs in various engineering and scientific disciplines. Recently, the IITs have been increasingly offering Supply Chain Management (SCM) programs at undergraduate and graduate levels. 

The demand for SCM courses has been growing in India due to the country’s increasing economic importance in the global supply chain. In addition, Indian companies are starting to realize the importance of efficient supply chain management to remain competitive. As a result, many IITs have started offering SCM courses, and the number of students enrolling in these programs is increasing.

Future of Supply chain Management

But what does this mean for the future of supply chain management? Well, it’s hard to say for sure. But one thing is sure: the demand for skilled supply chain managers will only grow in the years.

As businesses become more globalized, the need for efficient supply chain management will only increase. There will be a massive demand for qualified supply chain managers who can help organizations streamline their operations and optimize their networks.

In response to this demand, we expect to see a proliferation of supply chain management courses in the coming years. These courses will provide students with the skills and knowledge to succeed in this rapidly growing field.

Enroll in one of these courses and start your journey towards a successful career in this exciting and rapidly growing field.

Explore Certificate Course in Supply Chain Management with Imarticus Learning

A supply chain management online course is ideal for professionals interested in enrolling in operations or supply chain analytics courses. This online supply chain management training will educate students for positions including Demand Planner, Data Scientist, and Supply Planner.

Course Benefits For Learners:

  • We immerse students in contemporary technologies and initiatives, such as six real-world projects that will provide them with a comprehensive understanding of the industry to prepare them for a successful future in Supply Chain Management and Analytics. 
  • Students who complete supply chain management training online will prepare for sought-after occupations such as Demand Planner or Data Scientist, which are in high demand among businesses today! 
  • Students will learn how to analyze and utilize data in a supply chain management career, allowing them to be more data-centric and improve Supply Chain decision-making by using Python.

Can blockchain resolve certainties in supply chains?

Posted on by Imarticus Learning

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.