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Tag: SCM courses

Supply chain management and analytics digitization: Cloud computing and predictive analysis

Posted on by Imarticus Learning

We are currently living in the era of digitization. From our daily life needs to education to retail to corporate, everything is taking to it pretty fast. Supply chain management too is a sector that has recently started integrating its essential business aspects with technology. The main reason for that is how easy it makes the process of collecting big data and silo breakdown in the supply chain. 

This is why it might be the best time to pursue a course on supply chain management if you are thinking of career prospects for a better future. As always, Imarticus Learnings has come through with its Supply Chain Management online course. It will not only provide you with amazing exposure but also put you, leagues, beyond your peers. 

Here, in this article, we are going to elaborate further on what is digitalization in supply chain management? What is predictive supply chain analytics? and how it can reinvent the whole process for a better outcome. Please go through the whole article to learn more.

How cloud computing and predictive analytics can change the supply change management process?

Service and product life cycles are getting shorter and shorter. This is what basically is pushing businesses towards cloud computing and predictive analytical solutions across industries. Cloud computing provides immediate insights and better responsiveness and predictive analytics helps to predict future issues and any changes that can come into the supply or demand cycle. This essentially answers, what is digitalization in supply chain management and what is predictive supply chain analytics. Now, we take a look at the benefits that come with it.

The benefits of cloud computing

There are obviously some major benefits to this process which as of now are not found anywhere else. The benefits are, as follows:

  • Cloud computing provides immediate insights into all the issues that can affect the chain directly. This, in turn, helps the managers to address the issues quickly and effectively. It also improves collaboration across all the sectors that come into play in the process. 
  • Once all the aspects are tied in the loop, predictive analytics will help the decision-makers with quick insights. With the help of ML and advanced statistical algorithms, it can help process big data to predict a likely outcome for the future. This includes all kinds of variables that have been gathered from different sources. 
  • Cloud computing also enables you to seamlessly add in different parties as needed at a moment’s notice. You can also adjust the provisions in this system immediately to fit the constant changes in demands or market trends. 
  • Digitalization will help to plan and execute things faster. This is supported by in-memory computing and big data analytics. This way you can improve your responsiveness to things that need immediate attention.

Best suited supply chain processes for cloud computing

There are some supply chain processes that are best suited for the cloud format, such as:

  • Sourcing and procurement: SaaS tools are best suited to create a collaborative format. 
  • Logistics: from inventory management, replenishment planning to world trade compliance, every process here can easily be turned cloud-based.
  • Manufacturing: this again can be cloudified very easily.
  • Planning and Forecasting: predictive analytics is evolving to offer better planning and forecasting options.

Conclusion

Supply chain management is evolving constantly. This is why it has opened a new horizon of job prospects. Check out Imarticus Learnings’ Supply Chain Management online course to gear up for it and give your career the spark it needs.

5 tips for supply chain management and analytics in the age of AI

Posted on by Imarticus Learning

Undergoing supply chain management training is a prominent goal of several in the management industry. To become a supply chain analyst, one must complete a certification course. There are various certifications for supply chain professionals, available online. While pursuing this career one must understand how the SCM works in this new age of AI. 

Nowadays, AI is an integral part of the competitive market. Businesses are constantly increasing their profit margin using AI. The supply chain market is volatile with the change in several factors and using AI businesses can keep up with the changes and make necessary changes in their system as needed. 

There are several ways in which AI helps in supply chain management (SCM). One of the most prominent methods it adopts is to analyze the available data, both internal and external. Here are some tips for supply chain management in this AI era.  

 

  • Plan for the IoT Data

 

The various data applications in the supply chain make up one-third of the total IoT data. So it needs proper planning to collect, integrate and utilize it. Since the volume of data is ever-increasing, it needs proper tools to manage it effectively and AI comes in as the best option. It can handle data collection of any volume and streamline it properly. 

While doing so, make sure to bring in variety with the data so that it can help with unprecedented methods and ways that detect any anomalies or disruptions in the SCM system. 

 

  • Make use of external data

 

In supply chain management, the volume of internal data itself can be vast. When using AI, one must also think outside the box and bring in outside data such as the local weather, customer reviews from external sources, vendor details, details about the competitor, etc to have a comprehensive database. 

 

  • Increase reactivity faster with AI

 

AI helps achieve a competitive edge in terms of responsiveness to any issues. It can detect problems and create alerts to take necessary preventive steps or find alternatives. 

 

  • Prioritize root cause analysis

 

AI is an effective tool in detecting issues and finding the root cause of the said problem. It can save time by early detection and gives an unbiased analysis of the root cause. 

 

  • Automation in the management system

 

AI can automate the various steps involved in SCM. It can automate administrative jobs, shipment updates, warehouse management, route planning, quality control, and shipping processes. The collective efforts can improve overall customer satisfaction or supplier selection. 

What do you need to study to become a supply chain analyst?

Supply Chain Management is a popular career option and many are eager to become supply chain analysts. But, what do you need to study to become a supply chain analyst? It requires you to get some kind of supply chain management training. 

Supply Chain Management Certification Course

Though a bachelor’s degree seems to be the basic qualification mark, having a master’s degree is an added advantage. To become an analyst one must take certification courses in the form of Professional Certification In Supply Chain Management & Analytics that provide expert guidance and job placement assistance. 

Conclusion

The popular AI-assisted processes in supply chain management are GPS tracking of the shipment for both the company and customer, regular weather updates to help the shipping industry plan their shipments, keeping inventory to help with warehouse management, etc. Depending on AI has helped businesses to reduce their cost, customize their products, and reach more customers with better customer satisfaction. 

The role of business intelligence and analytics in the supply chain and analytics industry

Posted on by Imarticus Learning

Business Intelligence and Analytics in the Supply Chain and Analytics industry helps convert the vast amount of data into a usable format.

A successful supply chain management system should have sufficient stock with no overstocking or understocking. Business Intelligence will help in predicting the customer demand so that companies can have the right amount of goods ready when necessary. It is then easier to keep track of the shipment and improve the overall customer service. 

As this career grows to be more in-demand, one can become a certified supply chain analyst by completing a supply chain management online course approved by industry-leading companies. Such courses will explain how analytics is used in the supply chain and prepare you for the challenges in this career. 

Need of Business Intelligence in SCM

Supply chain management has a vast amount of operational data that the Business Intelligence (BI) uses to generate trend analysis which improves the efficiency of the SCM system. Such data includes transportation costs, maintenance costs, and trends, repair expenses, etc. Analyzing this data and creating a design that shows the market tendency will be game-changing for business. BI is useful in all stages of the supply chain. 

BI helps improve the internal efficiency of the management system and monitors the company’s progress and growth. It can also utilize the previous data to forecast possible results for the future. 

Since the supply chain system has multiple departments, getting equal visibility can be taxing. BI uses data from all departments to a single, easy-to-access database. Later, it can go through data if each step and process track them properly. 

How is analytics used in the supply chain?

Analytics helps businesses to visualize their strengths, weaknesses, problems, and forecasts. It can help with real-time problem solutions. 

  • The visual representation of data mainly helps track the demand, manage inventory, and monitor the delivery system.
  • Understanding the demand and the trend in the market is crucial for the success of a business. The analysis of collected data helps monitor, manage, predict, and make necessary changes to the business. 
  • Analytics helps organize the inventory according to the change in the market trend and customer demand. 
  • It helps track the movement of goods and makes communication more effective. With real-time monitoring and tracking of the goods increases customer satisfaction. 
  • Analytics can integrate the various systems to bring more profit for the business by boosting productivity and identifying the areas that need improvement. 
  • Tracking and predicting market trends helps avoid overstocking

How to enter the Supply Chain Analytics industry?

The first step towards the supply chain analytics industry is to enroll in a basic or advanced supply chain management online course. These courses are usually short-term, lasting for a few months. They are flexible so that even professionals can register and become a certified supply chain analyst. 

SCM Analysts should have some necessary skills such as mathematical, analytical, and communication skills. An analyst must also be prepared for any kind of challenges that may appear in their career. Courses such as the Professional Certification In Supply Chain Management & Analytics, are certified courses that offer guidance from experts, mentorship during and after the course, as well as placement assistance. 

Conclusion

Visualizing data by BI explores all levels of the supply chain management and makes it into a more understandable form to identify problems immediately so that it doesn’t escalate too much. It also helps optimize the cost, distribution, and delivery systems. The end product is a more responsive SCM system that can be flexible with the necessary changes.  

5 Reasons Why Supply Chain Snags Affect Global Economic Growth

Posted on by Imarticus Learning

The global economy depends on supply chains that have networks running across continents. This is why any issue with the supply chain can directly affect economic growth. If you learn SCM, you will notice that most of the time, supply chain snags occur due to issues with the management. Now, you can ensure that they have a positive impact on economic growth. To do this, you will have to opt for a supply chain management course. 

How Can Supply Chain Snags Affect the Global Economy?

Since supply chains are vital for most businesses, any management issue can harm economic growth. Those who opt for a supply chain management career need to be aware of the snags that can affect the global economy. 

 

  • Fluctuations in Customer Demand

 

Supply chains often depend on the demands of the customers. But due to various external factors, these demands can fall. When this happens, excess products go to waste. However, at times, customer demands can increase rapidly. If supply chains are not optimized enough to handle such a spike, there will be utter chaos. This can lead to limited products, improper pricing, and issues with the delivery of goods. If global supply chains are unable to meet demands, the economy is bound to suffer. 

 

  • Shortage of Workforce

 

While you can optimize several aspects of the supply chain, a human workforce is necessary. A shortage of workforce means less production or a slow-moving supply chain. If the supply chain gets held up due to inevitable glitches, many might quit due to extended periods of no work. When the supply chain starts working again, there will be an inadequate workforce to handle the pressure. This snag can adversely affect economic growth, particularly when production slows down or the delivery of goods stops. 

 

  • Increase of Freight Rates

 

Since supply chains are closely related to the global economy, snags may increase freight charges. If shipping routes, particularly for global supply chains, are disrupted, the freight rates will increase rapidly. When businesses cannot pay the costs, that particular link in the supply chain will stop functioning.  

 

  • A Slowdown of Industrial Activity

 

A snag in a supply chain can slow down activity in an entire industry. If one part of the supply chain does not move forward, the rest cannot follow. The economy will suffer as vast quantities of raw material go to waste, and the labour force reduces due to certain issues with managing a specific supply chain. 

 

  • Bottlenecks in Manufacturing and Production

 

Supply chain bottlenecks can occur anytime, primarily if the supply chain is not being appropriately managed. If there is a supply bottleneck, then manufacturing will be affected. While this affects the availability of products, it can also affect the earnings of those involved in the production stages. 

To understand how an aspect of the global economy is dependent on supply chains, you need to gain extensive knowledge. Learning supply chain planning can help you build the required skills. 

Supply Chain Management for Sustained Economic Growth

Supply chains, when appropriately managed, can contribute to economic growth and even maintain it. To learn about sustainable supply chains, you can opt for a supply chain management course. Imarticus Learning offers Professional Certification in Supply Chain Management and Analytics. This program is in collaboration with IIT Roorkee, DoMs, and E-Learning Centre.

The institute also has various industry experts collaborating to create a well-rounded curriculum. Imarticus Learning ensures that students can understand supply chain management from a strategic and operational viewpoint. This will help you establish a rewarding supply chain management career. 

The course offered by Imarticus Learning includes supply chain planning and prepares you for the industry through six projects. These are all based on real situations, and you can develop the experience necessary to become a successful supply chain manager. You can also opt for a job in data science, demand planning, or supply and operations planning. 

Here’s why you must technologize supply chain using advanced analytics and AI

Posted on by Imarticus Learning

The supply channels of the industry are experiencing a crucial moment for their existence and those responsible for this vital area for any business face the greatest challenge of their careers; manage 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.  

best supply chain management and analytics coursesHere 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. The 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. 

How will a Supply Chain Management Certification transform your career?

Posted on by Imarticus Learning

How will a Supply Chain Management Certification transform your career?

Supply chain management is one of the most in-demand and rapidly growing fields today. If you’re looking forward to boosting your career in this field or just looking to expand your knowledge, a certification in supply chain management is a great option. But what are the benefits of getting a supply chain management certification? In this blog post, we’ll take a closer look at these questions and more. So keep reading to find out why getting certified in supply chain management is a smart move for your career!

What is supply chain management, and why should you take a course?

  • A supply chain is a process businesses use to get suppliers to customers.
  • The supply chain can contain multiple people and organizations, who may be customers or suppliers to each other.
  • Supply chain management is the process of planning, implementing, and managing these activities within a business to meet client requirements at the possible lowest cost for a compelling return on investment (ROI).
  • It always ensures that product or service quality meets customer and regulatory requirements.

The benefits of a supply chain management certification

Now that you understand what SCM means, here are some reasons it might be beneficial to take a course in supply chain management.

  • If you’re already working as a logistics or analyst manager, then taking this certification will give your career a huge boost forward.
  • It can give you the knowledge and skills you need to manage your company’s supply chain more effectively.
  • It can help you build your career by giving you the credentials you need to move up in your organization.
  • SCM certification can give you an edge over other candidates who do not have any formal training in this area.
  • You will be able to understand the complexities of the supply chain and how different elements work together to create a smooth process for getting products from suppliers to customers.
  • It can help you troubleshoot any potential problems during manufacturing or distribution.
  • Lastly, taking a course in supply chain management can help you stay current with the latest trends and developments in this field.

It is essential, as the supply chain landscape is constantly changing, and those who can keep up will be more successful in the long run. Hence, if you’re looking for a way to take your career to the next level, a supply chain management certification is something worth considering.

Explore More and Make a Career with Imarticus Learning

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

The Supply Chain Management course allows professionals to make data-driven strategic, operational, and tactical choices. There is a scarcity of experts with process and analytical skills in the Supply Chain Management area. This Logistics and supply chain management course prepares students for jobs such as Demand Planner, Data Scientist, Supply Planner, and Supply and Operations Planner, which are in great demand.

 

Some course USP:

  • This best Logistics and supply chain management course is for students with placement assurance to aid the students in learning job-relevant skills.
  • Impress employers & showcase skills with a certification recognized by India’s prestigious academic collaborations.
  • World-Class Academic Professors to learn from discussions and live online sessions.

Contact us through the chat support system or visit Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, training centers.

How supply chain snags affect global economic growth

Posted on by Imarticus Learning

The global economy depends on supply chains that have networks running across continents. This is why any issue with the supply chain can directly affect economic growth. If you learn SCM, you will notice that most of the time, supply chain snags occur due to issues with the management. Now, you can ensure that they have a positive impact on economic growth. To do this, you will have to opt for a supply chain management course. 

How Can Supply Chain Snags Affect the Global Economy?

Since supply chains are vital for most businesses, any management issue can harm economic growth. Those who opt for a supply chain management career need to be aware of the snags that can affect the global economy. 

  • Fluctuations in Customer Demand

Supply chains often depend on the demands of the customers. But due to various external factors, these demands can fall. When this happens, excess products go to waste. However, at times, customer demands can increase rapidly. If supply chains are not optimized enough to handle such a spike, there will be utter chaos. This can lead to limited products, improper pricing, and issues with the delivery of goods. If global supply chains are unable to meet demands, the economy is bound to suffer. 

  • Shortage of Workforce

While you can optimize several aspects of the supply chain, a human workforce is necessary. A shortage of workforce means less production or a slow-moving supply chain. If the supply chain gets held up due to inevitable glitches, many might quit due to extended periods of no work. When the supply chain starts working again, there will be an inadequate workforce to handle the pressure. This snag can adversely affect economic growth, particularly when production slows down or the delivery of goods stops. 

 

  • Increase of Freight Rates

 

Since supply chains are closely related to the global economy, snags may increase freight charges. If shipping routes, particularly for global supply chains, are disrupted, the freight rates will increase rapidly. When businesses cannot pay the costs, that particular link in the supply chain will stop functioning.  

  • A Slowdown of Industrial Activity

A snag in a supply chain can slow down activity in an entire industry. If one part of the supply chain does not move forward, the rest cannot follow. The economy will suffer as vast quantities of raw material go to waste, and the labour force reduces due to certain issues with managing a specific supply chain. 

  • Bottlenecks in Manufacturing and Production

Supply chain bottlenecks can occur anytime, primarily if the supply chain is not being appropriately managed. If there is a supply bottleneck, then manufacturing will be affected. While this affects the availability of products, it can also affect the earnings of those involved in the production stages. 

To understand how an aspect of the global economy is dependent on supply chains, you need to gain extensive knowledge. Learning supply chain planning can help you build the required skills. 

Supply Chain Management for Sustained Economic Growth

Supply chains, when appropriately managed, can contribute to economic growth and even maintain it. To learn about sustainable supply chains, you can opt for a supply chain management course. Imarticus Learning offers Professional Certification in Supply Chain Management and Analytics. This program is in collaboration with IIT Roorkee, DoMs, and E-Learning Centre.

The institute also has various industry experts collaborating to create a well-rounded curriculum. Imarticus Learning ensures that students can understand supply chain management from a strategic and operational viewpoint. This will help you establish a rewarding supply chain management career. 

The course offered by Imarticus Learning includes supply chain planning and prepares you for the industry through six projects. These are all based on real situations, and you can develop the experience necessary to become a successful supply chain manager. You can also opt for a job in data science, demand planning, or supply and operations planning. 

Establish your career as a digital procurement and contracts advisor in the supply chain management and analytics industry

Posted on by Imarticus Learning

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.

Discover the critical facets of supply chain management and analytics with this certification

Posted on by Imarticus Learning

Supply chain management and analytics is a rapidly growing field that requires the expertise of both supply chain managers and data analysts. The advanced skill set needed to succeed in this profession means that certification can be an excellent way to build your career and improve your chances for advancement.

In this article, we will explore some of the critical facets of supply chain management and analytics with a focus on certification and how it can help you grow professionally.

What is Supply Chain Management and Analytics?

  • The supply chain is transforming raw materials into a finished product that is delivered to customers.
  • The entire process involves manufacturing, transportation, warehousing, and distribution of goods, and necessary information flows within an organization or across companies in the value network (suppliers/customers).
  • Supply Chain Management (SCM) includes all activities required for effective planning, execution, and control of global business processes that connect suppliers to manufacturers through logistics providers, whereas Analytics refers to data analysis for decision-making purposes.
  • SCM has evolved over time from traditional hierarchical management structures towards collaborative governance among various stakeholders involved in end-to-end value chains.
  • It involves disintermediation where most transactions take place between trading partners rather than via intermediaries such as banks or wholesalers.
  • Analytics plays a major role in such collaborative governance by providing decision-makers with fact-based insights and analytics to make better-informed decisions for managing global supply chains while considering the complexities involved in the process.

Why Certification Matters?

The ACP offers a wide range of certifications in supply chain management areas to help professionals stay abreast of rapidly changing technologies and enhance their credentials. Both the Supply Chain Management Professional certification program and Certified Analytics Professional (CAP®) certification are among popular ones for individuals aspiring to make a career in the analytics field.

At present, there is no specific degree or diploma programs that can provide an individual with the necessary knowledge across diverse business functions involved in the supply chain management process; hence professional certificates issued by global organizations such as APICS play a vital role in invalidating one’s skillset.

The CACP/CAP Program provides two certifications — CSCP Certification helps professionals work on large-scale complex projects involving application design, development, integration, and supply chain planning, execution, collaboration, & optimization solutions.

On the other hand, CAP Certification is designed for individuals with expertise in data management and analytics who can help organizations take advantage of big data and complex algorithms to drive better decision-making.

How to Become Certified in SCM&A?

– Individuals can prepare for these certifications by taking a Supply chain Management course, attending webinars, and reading books/journals on the subject.

– To earn CSCP or CAP Certification, one needs to pass a relevant certification exam based on knowledge of supply chain concepts. There are no prerequisites for this exam; however, having some work experience in a related field will be beneficial.

Build Your Career in Supply Chain Management and Analytics with Imarticus Learning

The Professional Certification in Supply Chain Management and Analytics offered by Imarticus Learning provides a cutting-edge experience for supply chain aspirants. This 6-months program is uniquely designed by IIT faculty and industry leaders to help you learn. With the ever-increasing trend of e-commerce, the amount of movement of goods has been ever-increasing. There has been a disproportionate jump in the number of jobs for SCM across industries.

Course USPs:

  • Cutting-edge curriculum and certification from e-learning center, IIT Roorkee
  • Experiential learning & impressive project portfolio
  • SCM and analytics – a power couple
  • Learn through real-life industry projects.

Transforming healthcare with operations research in Supply Chain management

Posted on by Imarticus Learning

The Supply Chain Management course is a graduate-level program that explores the systems and processes needed for managing product flow from manufacturer to customer. It is an essential component of any company’s operation as it helps them identify, monitor, and manage their inventory across all stages of production.

It also identifies potential areas for improvement in order to optimize operations and generate more revenue. Supply Chain Management has many different applications including healthcare, which we will explore in this blog post.

What is Operations Research in Supply Chain Management?

Operation research is a method for improving decision-making and planning through the development of models that describe complex problems and help to identify the most effective solution. Supply chain management is a sub-field of operations research that deals with managing inventory, information, people, time, space or money as factors in complex supply chains involving many organizations collaborating together. Also, Supply chain management and operations research make a powerful pair, especially when it comes to healthcare.

How Operation research in Supply Chain Management is transforming Healthcare?

Healthcare is one of the most complex industries with many moving parts that need to be managed together seamlessly. SCM offers an approach for improving quality while reducing costs by identifying areas for improvement such as:

  • Supply chain visibility: It is challenging to identify the root causes of supply problems and manage inventory effectively when there is a lack of visibility.
  • Supply chain management helps healthcare providers make better-informed decisions by having real-time, accurate information about their product flow and distribution.
  • Reducing costs: Supply Chain Management can help reduce healthcare spending through improved planning for equipment maintenance, more efficient use of resources and more accurate forecasting.
  • Improving patient care: Supply Chain Management’s central theme of collaboration can help healthcare providers reduce wasteImproved productivity and process efficiency. by identifying areas for improvement in how they work together, share technology, or even practice medicine.
  • Increasing transparency: Supply chain management will help to improve both the quality and delivery of care. Supply chain visibility creates a shared understanding across healthcare stakeholders, such as patients, doctors, payers, or manufacturers.
  • Reduces errors: Supply Chain Management can increase the number of people who receive critical treatments quickly by reducing errors in inventory management and product distribution which reduces wait times.
  • Supply chain optimization for ancillary services like lab tests, diagnostics, pharmaceuticals etc.

Explore Supply Chain management courses with Imarticus Learning.

Imarticus Learning offers Supply Chain Management courses to help you discover the power of Supply Chain Management. Supply chain management is best suited for Supply Chain professionals who want to move up the Supply Chain career ladder.

Imarticus Learning’s Supply Chain certification prepares you for a comprehensive understanding of Supply chain management concepts so that they can be applied in your work environment with ease. Imarticus also brings you instructor-led training from experienced industry experts and certified practitioners, helping you develop Supply Chain Management skills that are in demand.

Course USP’s:

  • Takes your career goals to the next level.
  • Best suited for Supply Chain professionals.
  • Learn from industry experts and take your skills to the next level with Supply chain management online courses developed by expert Supply Chain practitioners & trainers, certified consultants, and leading academics of top universities in India and abroad.