Things I wish I knew before choosing a supply chain certification

Things I wish I knew before choosing a supply chain certification

Supply chain management, as a program, is concerned with managing the entirety of the process of production of goods or services, all the way from procuring raw materials to delivering the final product to the consumer. A company creates a network of suppliers (the “links” in the chain) to move products from raw material suppliers to organisations that interact directly with the consumers. Therefore, a supply chain certification ensures that an individual has better prospects and opportunities for future economic ventures.

Careers in supply chain management

1. Purchasing manager

Purchasing Manager, also known as Purchase Manager or Procurement Manager entails the manager’s role to be purchasing goods and services for resale or business use. They must seek the best quality at the lowest, most economic price. Purchasing manager responsibilities vary by industry.

2. Strategic planner

The Strategic Planner handles the business strategy planning of companies. A strategic planner, who knows all aspects of their employer’s business, as part of their responsibility, suggests strategic recommendations to senior decision makers. After accumulating experience and proven success, one can be promoted to senior strategist, leading one’s own team.

3. Material analyst

A material analyst ensures the undisturbed flow of goods between the company’s distribution chains. Material analysts perform numerous tasks for a company. They ensure that the company’s inventory is regularly updated and sufficient to sustain all the projects the company plans to undertake in the future. 

4. Supply chain manager

Supply chain managers are involved from the time a company begins its process of developing new products until the finished product is manufactured in large numbers and shipped off for sale. These kinds of managers help improve the efficiency, productivity and safety of supply chains and businesses in general.

5. Warehouse manager

Warehouse Managers are in charge of the receiving, storing and safe transporting of goods. Warehousing is an essential part of supply chains and thus, warehouse managers are critical for handling processes, systems and people that are involved with their respective supply chains.

The Dos and Don’ts of Supply Chain Management 

Do: Procure and analyse data from your entire supply chain

Technological development in the business world has enabled a greater, holistic understanding of more data points in businesses. Not only can you gather information surrounding the day-to-day operation of your business, but this data collection can be done automatically, ensuring faster and more accurate modelling. One could leverage new SCM software with advanced data analysis tools to ensure knowledge of the particulars of your operations. Whether it’s identifying disputes or anticipating requests and delays, you can make informed decisions to strengthen your business.

Don’t: Get distracted by trivial issues

In supply chains, you must find a way to rid your business of unnecessary baggage, but don’t get caught up in trying to fix minor disputes that cause bottlenecks along the value chain. This is not to say ignore these problems completely, but rather try to solve problems according to their impact.

Therefore, to conclude, supply chain management entails handling the flow of goods and services between businesses and locations. It deals with the movement and storage of materials, work-in-progress, and finished goods and takes several measures to guarantee order fulfilment from point of origin to point of consumption.

The IIT Supply Chain Course

Objectives of the course:

  • To develop a greater understanding of various supply chains and logistics processes and offer after a thorough evaluation, a supply chain certification, to promising individuals.
  • To develop and analyse the part digital transformation plays in the supply chains and logistics processes.
  • To ensure effective analysis of logistics processes and supply chains in the digital age, through introductions of new and necessary digital methods, such as software, websites, and so on.
  • To promote a better understanding of the roadmap for improved development of a sustainable industry, 4.0 perspective on logistics and supply chain management.

Eligibility for the IIT supply chain course

  • For Indian Applicants – Graduates from an accredited university (State Government/AICTE/UGC) in any discipline.
  • For Non-Indian Applicants – Diploma or equivalent qualification from a recognized university or institution in their respective country.
  • Working professionals with a minimum of 2 years of experience and 4 years of professional experience (degree holders).
  • On a case-by-case basis, less experienced individuals may be considered.

Conclusion

A career in supply chain management can provide an individual with better learning opportunities, career prospects, training and a secured future. Supply chains are the backbones of businesses around the world and supply chain experts are essential assets for companies.

Why is a Supply Chain Certification Lucrative in the next 10 years?

Supply Chain Management (SCM) oversees the manufacturing of a product from its origin until it reaches the consumer. Although it may sound simple, it involves several processes and thus requires a set of skilled professionals to ensure its smooth functioning. It is such an essential job profile that people are rushing to find an ideal Supply Chain Management course to become qualified.

Not only is it popular these days, but its prospects also don’t seem to dim in the next 10 years. Could these be the reasons why the supply chain management career is going to be lucrative in the near future as well? Let’s find out!

It offers diverse job opportunities

The SCM career options are so vast that it is difficult to find which one would be the best. These days, every product in the market would have undergone countless planning processes, material procurement, assembly, production, inventory management, and many more steps. Each of these areas comes under the SCM and will need professionals with special skills. It also involves almost every industry in one way or the other, so the diversity of job opportunities is numerous.

Ideal for skill development

supply chain management courses

Skill development is trendy these days. A supply chain management career opens up the opportunity to brush up on several skills. These skills include management, interpersonal skills, communication, teamwork, networking, etc. They apply to all industries, so it is a great way of formulating a wonderful portfolio of both professional and personal skills. Sometimes it can be more productive in skill development than the leading supply chain management certificate course online.

Suitable for all

This is a wonderful career without the hassles of a corporate ladder where everyone is pressured to reach the top. A career here will let you enjoy success and give satisfaction with the prosperity of the company as well. There are opportunities for both management and executive roles and you can still reach the top positions.

Compatible with the technologies

A supply chain is a global industry that is now involved with the latest technologies as well. AI, predictive analysis, automatic cars, drones, etc., all can combine with the supply chain to make each industry successful. This will force people to be more adept at analytical and management skills with an awareness of the overall end-to-end happenings in this field.

Finding the best Supply Chain Management Course

There are plenty of supply chain management certification courses available online. But what makes the Professional Certification In Supply Chain Management & Analytics course in collaboration with the IIT Roorkee different is its hands-on learning process dealing with real-life SCM projects.

supply chain management courses Other than being a top course endorsed by an IIT, this allows the aspirants to become better at decision making. It also permits an in-campus interaction with other students and faculty.

By solving real-life industry problems, it helps in creating a personalized portfolio to impress companies. On top of that, the analytics help in combining the SCM with data and generate a few techniques to make data-centric decisions.

The best course should have a sparkling curriculum that has every step involved in the management from designing to the sales operation. The course could last anywhere from a few weeks to one year. The salary prospects after the completion of the course could be in the range of 3.5-20 LPA, depending upon the qualification, skills, and experience.

Conclusion

People often have different interests in their career and SCM is a fantastic option that can open up opportunities in almost every field. They can have a different career but could still be within the supply chain.