After the advent of digitisation and e-commerce, the supply chain has become the backbone of most businesses. We need to have a proper supply chain mechanism in place if we want to sell through online mediums. Building a new supply chain can be a complex and challenging process. But with the right approach and tools, it is possible to create a highly efficient and effective system that meets the needs of our organization. If we focus on how to become a supply chain analyst, then it can do wonders to create an effective supply chain.

One approach that can be particularly useful in this context is macro-ops planning, which involves taking a holistic view of the supply chain and considering all of the factors that can impact its performance. But how to build an effective supply chain using macro-ops planning? How can we learn about macro-ops planning in the first place? Let’s find out!

Steps to Build a New Supply Chain Using Macro-Ops Planning

Developing a macro-ops plan is essential. We can enrol for a supply chain management course with analytics to learn macro-ops planning. Let’s save it for later. Here are some key steps to follow when building a new supply chain with macro-ops planning:

Defining The Goals and Objectives

Before we start building a new supply chain, it is important to have a clear understanding of what we hope to achieve. This might include goals such as reducing costs, improving delivery times, or increasing customer satisfaction. Defining goals sets a clear direction of where we will be heading.

Assessing The Current Supply Chain

To build a new supply chain that meets our needs, it is important to first understand the strengths and weaknesses of our current system. This might involve analyzing data on key metrics such as delivery times, costs, and customer satisfaction, as well as conducting interviews with key stakeholders to gather insights and ideas for improvement. Once we get an idea of our current systems, we know the lacunas that lie in them and craft a definite plan for improvement.

However, if it is the first time that we are developing the supply chain, then we need to have a thorough understanding of our business model. Knowing about how the supply chain functions in our industry can be of great help in creating an effective supply chain for our organisation.

Identify Key Drivers of Performance

Once we have a good understanding of our current supply chain, the next step is to identify the key drivers of performance that need to be considered in our new system. This might include factors such as demand patterns, supplier capabilities, transportation options, and inventory management practices. Changes in these drivers can be most effective in developing the new supply chain.

Develop a Macro-ops Plan

With an understanding of our goals, current systems and the key drivers of performance, we can then begin to develop a macro-ops plan for our new supply chain. This might involve creating a detailed roadmap that outlines the key steps and milestones that need to be achieved, as well as identifying the resources and capabilities that will be required to implement the plan. The macro-ops plan should be carefully curated as it will be the foundation of all our future actions and the effectiveness of our new system. We can learn to develop the macro-ops plan through the IIT Roorkee supply chain management course (discussed later).

Implement and Optimize the New Supply Chain

With our macro-ops plan in place, we can then begin the process of implementing and optimizing our new supply chain. This might involve making changes to our processes, systems, and infrastructure, as well as working closely with suppliers and other stakeholders to ensure that the new system is running smoothly. What we need to remember is that the changes won’t happen overnight. We need to continuously monitor the execution of the macro-ops plan and how the changes are delivering the results.

Developing an Effective Macro-Ops Plan

Adopting a macro-ops planning approach can help us build a new supply chain that is highly efficient and effective, and that meets the needs of our organization. However, it is important to develop an effective macro-ops plan. Further, we also need to have in-depth knowledge of supply chain systems and how they function. But how can we do so?

We can become supply chain analysts if we focus on learning from a supply chain management course with analytics. IIT Roorkee has designed a comprehensive course on supply chain management – Professional Certification in Supply Chain Management & Analytics that provides us with hands-on learning and deep insights into real-world SCM projects. You can access this course through Imarticus Learning. Mentoring with industry experts provides cutting-edge experience to candidates willing to enter the supply chain and operations industry.

The curriculum of the IIT Roorkee supply chain management course is carefully designed to meet the current age supply chain management needs that use the latest technologies and features. The campus immersion allows us to interact with the top industry leaders and some of the smartest minds and peers in this industry. But it’s incomplete without practical insights, right? The real-life industry projects allow us to learn from the practical projects implemented by some of the biggest MNCs across the world.

Are you ready to develop and implement your new supply chain with macro-ops planning? Get enrolled now with Imarticus Learning.

SCM Secrets: Here’s How To Take Your Demand Planning Skills To The Next Level

Demand planning is a cross-functional procedure that assists firms in meeting product demand while limiting excess inventory and preventing supply chain interruptions. It has the potential to boost profitability, customer happiness, and efficiency.

Demand planning should be an ongoing, established practice in your company. Demand planning skills are essential for anyone working in supply chain management. This post will explain how to take your skills to the next level and become a master of demand planning.

What is demand planning?

Demand planning is a supply chain management method that allows a firm to forecast future demand and successfully tailor corporate output — whether products or services — to those estimates.

Demand planning is to develop and maintain an effectively lean supply equilibrium, in which store stocks include just the number of items required by demand. Finding the ideal balance between adequacy and surplus may be extremely difficult, and maintaining that balance is essential to demand planning.

Demand planning improves efficiency by assisting in the wiser management of inventory space. Demand planning may assist firms in avoiding the dangers of overstocking, such as higher inventory carrying costs and financial difficulties that need product discounts or other temporary measures to relieve overstocking by selling inventory as rapidly as possible.

How To Take Your Demand Planning Skills To The Next Level?

If you’re looking to take your demand planning skills to the next level, here are a few tips to help you get there.

Remain up to date on the latest software and methods

Demand planning is constantly changing, so staying on top of the latest software and methods is essential. Keeping up with the latest advancements will help you be more efficient and effective in your role.

Stay organized and efficient

The demand planning process can be complex and detail-oriented. Staying organized and efficient will help you stay on top of all the moving parts and ensure that nothing falls through the cracks.

Communicate well

Supply chain planning involves coordinating with a lot of different people and departments. Strong communication skills are essential to ensuring that everyone is on the same page and that the process runs smoothly.

Be flexible

Things constantly change in the world of demand planning. Being flexible and adaptable will help you be successful in this ever-changing field.

Discover a supply chain management career with Imarticus Learning

Supply Chain Analytics enables management to make data-driven choices at the strategic, operational, and tactical levels. Prepare to participate in the creation of more innovative and tactical global Supply Chains of the future by merging traditional Supply Chain planning with data-driven decision-making.

Course Benefits For Learners:

• To provide students a complete understanding of the sector and position them for a prosperous future as certified Supply Chain analysts, we include them in significant technologies, including six real-world projects.
• By completing a supply chain management and analytics course, students may prepare for highly sought-after positions such as demand planner or data scientist, which are in great demand!
• Aspirants will learn to become data-centric and improve Supply Chain decision-making using the Python programming language.

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

Global supply chains are often connected, primarily when operating within the same industry. However, the pandemic almost destabilized several supply chains. If you wish to understand the workings of a supply chain and what it hinges on, you can opt for a  supply chain management course.

It will enable you to learn about various factors that influence supply chains, and you will also learn how to manage supply chains amidst a crisis. To enrol in an industry-oriented course, you can choose the SCM program from Imarticus Learning. 

How Has The Pandemic Affected Supply Chains?

The pandemic has disrupted entire supply chains. During the worldwide lockdowns, companies stopped manufacturing and production of goods, and authorities closed down all shipping routes. However, customer demand kept growing. After a while, businesses were unable to meet these demands. As consumer demands decreased, so did industrial activities. 

As businesses closed down or suspended work temporarily, much of the human workforce changed professions. People chose work that would sustain them even during the pandemic, which led to a lack of labour within the supply chain sector.

Apart from a lack of workforce, manufacturers also faced a shortage of raw materials. They could not produce enough goods, and many could not pick up the business even when the pandemic became less severe. Those in a supply chain management career had to put in extensive effort to streamline the supply chains and optimize them according to the capacities of the business and the immediate needs of customers. 

During the pandemic, different supply chains were disrupted due to various reasons. In the US and UK, the primary issue was the delivery of goods as there was a shortage of truckers. Germany, too, had to deal with a shipping problem when the ports closed and supply chain managers could not clear the backlogs. China, on the other hand, faced numerous power shortages. Other countries had to work through a lack of materials, labour, funds, and increasing consumer demand, leading to widespread chaos.

As people began to spend more time at home, they started shopping online. However, many e-commerce businesses were unable to provide as many products. This is because global supply chains had to halt since, in most countries, delivery was not an option. Once businesses started reopening, costs began increasing. But, the sale of goods may not be as quick as before, which is bound to affect the GDP. Multiple bottlenecks have formed over the past year. These need to be removed before restoring the supply chains. 

An SCM course will help you identify the issues with supply chains caused by the pandemic’s unprecedented effects. Industrial growth decreased rapidly, and so did the total earnings of those working within the industry. However, supply chains can be made more sustainable through proper management. 

Understanding Global Supply Chains

Global supply chains are dependent on several factors. Since they span across countries, the shipping and delivery need to be optimized. The pandemic affected this aspect and destabilized entire businesses. If you wish to learn how professionals can stabilize a supply chain, you can opt for the supply chain management course from Imarticus Learning. The institute offers Professional Certifications in Supply Chain Management and Analytics. 

This course introduces new-age technology for the automation and optimization of supply chains to prevent bottlenecks. The institute also provides projects and organizes live sessions. These will help you develop essential skills and gain industry experience. You can choose a supply chain management career once you complete the course and explore the industry to find solutions for global supply chains. 

The SCM course from Imarticus Learning is in collaboration with IIT Roorkee and DoMS and E-Learning Centre. Therefore you will get industry certification, and it will help you land lucrative jobs.