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Tag: supply chain management career

Components of Supply Chain Management

Posted on by Imarticus Learning

The term ‘supply chain management’ first came into the picture in 1982, when Keith Oliver coined it. However, supply chain management has existed in practice long before that. The only way to successfully sell large quantities involves efficient supply chain management. 

With modern technology, AI, and various software tools, business owners find managing their supply chains increasingly simpler. Nevertheless, one must be aware of the different components of supply chain management in order to simplify and streamline their supply chain operations.

Let us dive into the world of supply chain and dissect each component of the supply chain to understand its functioning. 

Understanding Supply Chain Management: Definition and Objectives

best supply chain management and analytics training

Essentially, supply chain management refers to the handling of all the processes involved in transforming raw materials into finished products and, subsequently, selling them. Supply chain management impacts other facets of businesses, such as financial management, operating costs, customer satisfaction, and more. 

The key objectives of supply chain management are: 

  • Improving efficiency
  • Optimising logistics
  • Improving customer satisfaction
  • Cutting down unnecessary costs
  • Improving distribution
  • Co-ordinating the overall business

Six Components of Supply Chain Management

While there are several different models of supply chain management, the most common one is the Supply Chain Operations Reference or SCOR model. This model has six components that are as follows:

  • Planning: The first and most crucial component in supply chain management is planning. One of the first things an entrepreneur would need to plan is how to make their product, domestically or internationally. Furthermore, this is also the time to decide whether you want to make each part of your product yourself or whether it would be more sensible to purchase some components from a third party. 

Additionally, planning will also require you to decide how you will produce and store your products. This means you should have a clear layout of whether you want to make and store your products beforehand or make them as you get orders. 

  • Sourcing: Once you are done planning, you will be moving on to the sourcing phase of your supply chain management. This is where business owners should reach out to potential vendors, verify the quality of raw materials, get the best-quoted price possible, and subsequently buy them. It is also essential to ensure all your raw materials are delivered on time. 

In addition, remember to assess and vet your suppliers continually for optimal supply chain management operations. 

  • Location: Location plays a very critical role in supply chain management. For example, if you own a beverage company, your manufacturing plant should not be established in a location with water scarcity. Therefore, set up your manufacturing unit based on the needs and requirements of your raw materials and finished products. 
  • Making: Once the previous three steps are fulfilled correctly, you will move on to making your goods. This stage involves assembling, testing, and packing of finished products. You can incorporate customer feedback at this stage to ensure your products are up to the mark. 
  • Delivering: Now, we enter into the logistics part of supply chain management. Apart from ensuring your goods reach your customers, this phase also involves processing orders, warehousing, and inventory management. A major part of the success of a company depends on this stage, and hence, you should put special efforts into ensuring a smooth delivery process. 

Some of the best delivery practices include automated inventory management, large warehousing networks, delivery fulfilment using air, sea, and road, and so on. 

  • Returns: While returns may seem to have a negative impact on your business, in reality, how you handle your returns and improve your products based on that will attract more buyers to your company. Therefore, make sure to create a simple and easy returns process that does not feel like a hassle to your buyers. 

Furthermore, you should have efficient reverse logistics in place to ensure your goods are picked up on time and returned to your warehouse for further inspection or processing. Other elements of the returns process are:

  • Identifying the condition of the returned product
  • Authorising the return
  • Scheduling a replacement
  • Processing refunds

Importance of Understanding Supply Chain Management for Growth

Needless to say, supply chain management is one of the most important aspects of businesses that help entrepreneurs to scale up while saving costs and offering high-standard services and products. Even though supply chain management might sound simple, it has a ton of intricacies, all of which need to be taken care of in order to get the best results. 

In this regard, we recommend enrolling in the IIT Supply Chain Management Course, taught by esteemed faculty members at IIT Roorkee and offered by Imarticus. 

This online course covers all the basics in addition to the components of supply chain management. Furthermore, you will also be able to learn coding languages and software tools like Python, Excel, and Tora. At the end of the course, you will get a certification from IIT Roorkee, which will further boost your portfolio and help you better manage your own business supply chain operations or establish yourself as an expert in this field. 

How to Become a Leading Supply Chain Manager

Posted on by Imarticus Learning

In recent years, the field of supply chain management has witnessed exponential growth. In fact, by the end of the year 2027, it is likely to hit a whopping amount of $45.2 billion. Some of the many reasons that can be attributed to its huge demand are the rapidly changing business landscape and the need for companies to directly provide their services or products to customers. This is what we refer to as the B2C model of business. 

To achieve the same, organisations need professionals who can navigate them through these complex supply lines. That is where the role of a supply chain manager comes into play. 

In this article, we’ll give you a detailed tour of what are the roles and responsibilities of a supply chain manager, as well as the skillset required to become one.

What Is A Supply Chain Manager?

Simply put, a supply chain manager refers to a professional who is responsible for overseeing and coordinating all operations related to the production, procurement, and distribution of goods and services within a supply chain. Their ultimate goal is to ensure a smooth and efficient flow of information and resources from suppliers to manufacturers and retailers and ultimately to the customers. 

 

global supply chain management and operations officers course

The nature of this job requires them to work in an office environment wherein they can supervise the day-to-day operations. Sometimes they might also be required to travel to other locations or meet new vendors to find raw material suppliers. As a supply chain manager, you must possess a combination of technical skills, such as logistics knowledge, as well as leadership qualities, and strong communication skills. 

Additionally, you are also required to have a deep understanding of supply chain dynamics so that you can adapt to this changing business environment in an efficient manner. But before we delve into the details of the supply chain manager’s skills and qualities, let’s take a look at their roles and responsibilities.

Roles And Responsibilities Of A Supply Chain Manager

Supply chain managers play a crucial role in boosting company revenue by enhancing customer satisfaction. Although the actual responsibilities of a supply chain manager might differ from organisation to organisation, some of the most common tasks they are expected to perform include,

  • Collaborating with stakeholders to develop strategic plans, forecast demands, and set production targets.
  • Connecting with vendors and buyers to find the right materials or products.
  • Evaluating potential suppliers, negotiating contracts, and establishing relationships with key suppliers.
  • Managing inventory levels so as to minimise costs while simultaneously meeting all the needs and demands of customers.
  • Working closely with logistics providers and shipping companies to coordinate the movement of goods and materials throughout the supply chain.
  • Identifying any potential risks and taking the necessary course of action to mitigate any form of disruption in the supply chain.
  • Identifying inefficiencies and implementing effective strategies to optimise all operations, reduce costs, and increasing the overall supply chain performance.
  • Keeping up to date with the latest industry trends and technological innovations. 

Skills Required To Be A Supply Chain Manager

In order to emerge as a successful supply chain manager, you must possess an amalgamation of technical, analytical as well as interpersonal skills. Such include,

Analytical and Problem-Solving Skills

Supply chain managers are required to have excellent analytical skills so that they can identify any new trends and make informed decisions accordingly. Additionally, they must also possess problem-solving skills to be able to solve complex issues and make data-driven decisions to improve supply chain efficiency. 

Risk Management

Risk management skills are also extremely important for a supply chain manager. It enables them to determine transportation schedules and production goals. This also includes the ability to implement risk assessment checklists, conduct audits, and implement other risk mitigation tools. 

Project Management

Often a time, supply chain managers may be required to handle complex projects such as launching new products or optimising new systems. Therefore, in order to carry out all these tasks efficiently, it is very crucial to have the required project management qualities. This includes planning, organisation, and risk management.

Strategic Thinking

Supply chain managers must be able to think strategically and have a holistic view of the whole supply chain process. In this manner, they can ensure that the implemented supply chain strategies are in sync with the overall business opportunities. Furthermore, it can also prove to be quite beneficial in anticipating market changes and identifying areas for cost savings. 

Communication and Collaboration

Last but not least, the role of a supply chain manager is such that it requires you to connect with multiple people at a time. This includes stakeholders, customers, internal teams, and other executives. Therefore, to ensure that the necessary information is disseminated in an efficient manner, you must possess excellent communication abilities. 

By developing all these above-mentioned skills, you can not only excel in the field of supply chain management but also drive efficiency and innovation within the supply chain operations of any organisation.

Conclusion

To sum up, a supply chain manager plays a very crucial role in the overall success of a business organisation. Be it managing supplier relationships, meeting customer demands, ensuring efficient operations, or mitigating risks and disruptions; supply chain managers perform a variety of tasks. If you wish to pursue a career in this field, you must possess a Bachelor’s degree to help you gain fundamental knowledge of the whole supply chain management process.

Additionally, you can also look for several courses that are available online. Adding the same to your resume will bring you one step closer to landing your dream job as a supply chain manager. One such program includes the Executive Certificate Programme For Global Chief Supply Chain and Operations Officers, brought to you by Imarticus. This 10-month duration course details all the crucial aspects of supply chain management, such as operations management, supply chain drivers and metrics, sustainability in the supply chain, and supply chain design, among others.

The golden rules to build a supply chain management career from a pro

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The golden rules to build a supply chain management career from a pro

The supply chain deals with the flow of products into and out of the manufacturing process. The supply chain management stayed flexible even when others shut down during the pandemic. Several challenges, such challenges climate change, wars, and other conflicts, have changed how the supply chain works. It has become essential that the supply chain is created to be elastic enough to maintain the supply flow. You can opt for theory-based university courses to build a supply chain management career or choose an up-to-date course from Imarticus learning and learn from industry experts right at your home.

So, What are the golden rules for building a flexible supply chain?

1.     Planning

2.     Collaborate

3.     Create values

4.     Networking

5.     Automation

Proper planning for designing an efficient logistics system

Planning is a vital nerve for the supply chain management operation. Each company should plan before making any significant changes in its business pattern. The operations team should ensure that there is no vulnerable link, giving the whole logistics view a better overview and pointing out the vulnerable or weak areas of the chain. You can focus on managing weak points and profit maximisation. It allows you to gear up for unforeseen situations and execute an emergency plan to keep the supply chain on track.

Collaboration is key

No supply chain can work solely built on single-origin resources. You must design a logistics chain that relies on others providing resources or services to you. These trusted third-party connections could help avoid disruptions during a crisis. Supply chain management heavily relies on relationships with third-party stakeholders. They help create a smooth, flexible supply chain and boost profits; for example, if you want to increase warehouse space due to growing product demand, a good relationship with the warehouse manager could easily find an adequate space quickly.

Sourcing and pricing

Sourcing in the supply chain deals with planning, designing, and building a trusted supplier base. It also includes determining the procurement strategy and designing pricing strategies. The process involves focusing on stakeholders’ objectives in operations, finance, marketing and distribution. Some supply chain managers favour “everyday low pricing” strategies to reduce demand distortion, improve customer service, and lower costs, while others apply “high-low pricing” strategies to clear slow-moving items and build retail traffic, thereby increasing revenues.

Know the Network

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When creating a supply chain, having information about where your suppliers and customers are, is vital. It equips you to handle any crisis during disruptions. To become a successful supply chain analyst, you must know the locations of materials, supplies, and products. You must understand how the route works and how to introduce agility. Knowledge about the local situations helps mend the existing loopholes in any supply chain.

Automation

Automation is the most trending tool of supply chain management. It increases efficiency and makes it easier to manage the supply chain. With the right software, automation reduces clutter and brings transparency by collating all the required paperwork in one place. Automation centralises the supply chain’s operations, reducing costs and the chances of human errors. Automation is an essential part of the supply chain as it aids in measuring performance in real-time and handling the situation accordingly. It consolidates the supply chain and brings the complete picture into one place, making it easier to assess the situation.

So, do you want to become a successful supply chain analyst? Do you often think you need to spend a lot of money and time on a university course to learn about efficient supply chain management? Think again.

At Imarticus Learning, you can get a professional certification in supply chain management and analytics. You will learn from industry veterans at the IIT Roorkee facility and deal with real-world problems. You can avail of live sessions with experienced faculty members and industry experts. The best part? You don’t need to leave your office or home to learn. Imarticus learning has brought the best of the industry at your door, bringing value to learners and future industry assets.

Contact us through chat support, or drive to our training centres in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad today.

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

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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.

Understand Amazon’s Supply Chain

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Understand Amazon’s Supply Chain

If you are thinking of a supply chain management career, then you must learn how experts from different industries plan and execute their supply chains. One example of supply chain management that you can refer to is the American multinational e-commerce giant Amazon which has become a household name by winning the trust of millions of its customers.

Amazon made its debut in 1994 as a book-selling website. Today, it features one of the largest and most efficient supply chain models ever seen around the globe. How did Amazon achieve this? What are the fundamentals it focused on for the management of its supply chain? Let’s find out!

Before we get into the details of Amazon’s supply chain, an aspiring supply chain professional like you needs to get the conceptual basics correct so that you can understand these real-life examples well and in their entirety. 

For this, you may wish to enrol in our IIT Supply chain management certification course which equips you with the fundamental concepts of the field that are necessary for making data-driven strategic business decisions!

All About Amazon’s Supply Chain

Amazon’s Supply Chain refers to the entire process under which a product on offer by Amazon undergoes in its life journey. This is the process that starts right from the moment a product reaches Amazon’s warehouse, enters its inventory records, and goes on till the time it gets delivered to the customer.

To offer a robust platform to its suppliers, Amazon provides them with two types of fulfillment options – 

 

  • Fulfillment By Amazon (FBA) – Under this option, Amazon is responsible for storing, packaging, as well as shipping the product to the customer.
  • Fulfillment By Merchant (FBM) – Under this fulfillment option, the responsibility of storing the products in the warehouse, packing, and shipping them to the customers rests with the Merchant.

 

How Does Amazon Supply Chain Work?

Over the last 2 decades, Amazon has made several changes to the working of its supply chain, in a bid to crack an efficient system with which it can offer the fastest delivery options like same-delivery to its customers. 

As soon as Amazon receives an order, products get arranged into pallets either manually or with forklifts into the warehouses, where they get packed and screened for quality checks. After receiving a go-ahead from clearances, Amazon’s logistics team enters the supply chain and completes the delivery of the orders.

To achieve this efficiently, the e-commerce conglomerate puts its primary focus on two elements of the chain – Storage and Delivery. Let’s uncover how Amazon takes care of these two areas.

  • Storage 

Amazon has more than 20 Crore customers globally who have subscribed to its Prime membership, which means, it needs to deliver a huge number of its orders in just 1 day or a maximum time of 2 days.

To fulfill this promise of fast delivery, Amazon maintains a huge network of fulfillment centers for storing its products. Amazon currently has 185 fulfillment centers spread across different cities of the world with a carpet area of up to 10,00,000 square feet!

This huge storage capacity helps Amazon maintain a cutting edge over its competitors and maintain a smooth fulfillment of its orders. 

Another important aspect that Amazon has taken into consideration for its warehousing is its location. Most of its fulfillment centers are located near metropolitan cities from where it received huge and regular demand.

Moreover, to speed up warehouse operations, Amazon has deployed over 10 Lakh employees in its fulfillment centers globally. It also uses robots, drones, and other high-end technologies to run its warehouse ecosystem with greater efficiency. 

  • Delivery

The second most crucial segment of Amazon’s Supply Chain is its logistics and delivery teams. Amazon ships products mainly via two channels – road and air.  Amazon maintains a huge fleet of trucks, bikes, and vans for transporting products via roads. It has also partnered with various delivery services including FedEx and UPS.

Amazon also has a cargo airline of its own called Amazon Air which is used for transporting products. Amazon Air makes more than 160 flights every day with more than 85 planes, which include 11 Boeing Jets.

This is how Amazon can meet and many times exceed its customer’s expectations in terms of fulfillment and timely delivery of their orders!

Take Away

A Supply Chain Management System is an area that can either make or break a business. If you are interested in making an impact on a business by becoming a part of its supply chain decision-making, you must get a supply chain analytics certification today!

Want to know more about the supply chain management career options? Contact us through chat support or visit our nearest training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, 

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.

Is pursuing a supply chain management career on your mind? Logistics and supply chain management courses can help

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Is pursuing a supply chain management career on your mind? Logistics and supply chain management courses can help

A business is all about satisfying its customers with superior services and to do that the company needs a fluent supply chain network that works effectively. A well-managed supply chain is implemented for making the connection between the company and the supplier so efficient that it does not affect customer satisfaction. In simple language, a supply chain is for delivering the right service to the right person at the right time. 

Companies are always in high need of supply chain analysts and this indicates the urgency of the supply chain management course. You can also build a supply chain management career with Imarticus which has come up with their Professional Certification in Supply Chain Management Course. If you have no idea where to start, then this article can be the first step in the process of knowing the supply chain industry more intricately. 

Supply chain: Overview

A supply chain is a process that goes through multiple steps including the sourcing of raw materials, producing the product, and delivering the outcome to the users. It is a multiple-layered system that records all the details like activities done in each of the steps, information that is used, human resources that have been devised, and also the details of the natural resources that have been turned into useful components.

Why does a company need to understand a supply chain?

Indeed, this is an intricate process, but there must be some reason why companies need to understand the supply chain. The first reason is that it helps to reduce the company’s overall cost by analyzing all the steps of the supply chain. Any malfunction in one step can harm the overall chain and lead to cost more to the company. 

The other reason is that it helps to develop a strategic plan. A supply chain includes multiple steps and each of the steps belongs to a different industry, like raw material extraction, manufacturing the product, delivering the product, and so on. It helps the company to get ideas about these industries they may plan to enter in the upcoming future. So it is understandable why companies need expert supply chain analysts to grow their business. 

Career options in the supply chain industry

If you want to take up a supply chain management career then here are some options that you can match your expertise with.

Chief supply chain manager: A chief supply chain manager needs to possess an intricate understanding of the business he is involved with and also should have leadership skills. 

Supply chain manager: A supply chain manager is appointed to look after the entire supply chain operation and report it to the senior managers. 

 Purchasing manager: The purchasing manager’s role involves the duties like, managing a strategic purchasing process, evaluating pricing trends, looking after the relationship between the vendor and supplier, and many more.

Logistics manager: The responsibilities that a logistic manager has to perform are enhancing the product workflow, and negotiating the costs of suppliers, shippers, and distributors. 

Production manager: A production manager tracks the production process and makes sure that it does not exceed the budget and stipulated time limit. 

Many other options are going to come in the future because the supply chain industry is reportedly growing and to match the industry requirements, a supply chain management course can be the most effective thing.

Conclusion

With Imarticus Logistic management course you can get the opportunity to learn industry-related skills from the top IIT faculties. The curriculum is designed to help you get relevant skills, proper certification, monitoring, and the other facilities that are needed to become an industry specialist. 

Supply Chain Certification in India: Insight into the Big Data of Logistics and Supply Chain Management

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Supply Chain Certification in India: Insight into the Big Data of Logistics and Supply Chain Management

Do you have a basic understanding of operations management and programming at your job? Are you a student looking to secure your future with an IIT supply chain management course? 

A certificate course in supply chain management from IIT-Roorkee, one of the best engineering and management institutes in India, is certain to pave the way forward for a career in global supply chain logistics and big data management. 

Why learn supply chain management?

Incidentally, the demand for specialization in supply chain management has increased manifold in recent times. Health and food supply chains, for example, have made a sudden, festering appearance with a need for interventions in maintenance. Along with this, temporary technological support at vulnerable sites and a revolution through big data programming and management are expected outcomes of the leaders born out of this training period. 

In the world of supply chain management, it’s essential to make data-driven decisions to ensure a seamless operational workflow. Since supply chain management and big data analytics is a specialist’s role, the demand for trained personnel has been steadily on the rise. The industry values professionals that can harness the power of data to minimize costs and predict customer behavior. 

A certificate course prepares you for exciting and high-demand profiles like Data Scientist and Supply and Operations Planner. Luckily, your search for an online supply chain management course to tackle emerging global problems is over with Imarticus’s Professional Certification in Supply Chain Management and Analytics. 

Why pick this course?

Imarticus Learning’s online course in supply chain management provides a convenient yet intensive training period for tomorrow’s industry professionals.

The course offers interactive lessons from the best professionals in programming and operations. Real-world and live supply chain management projects will make you future-ready, and an advanced curriculum will support an in-depth understanding of your domain. 

New-age curriculum and professional learning are the need of the hour for students looking to gain a competitive advantage. Live online training with IIT-Roorkee faculty and hands-on training with industry experts will get you there before your peers. 

Learning supply chain operations and management in depth at the IIT supply chain management course is as good as real-world experience in the global market. The IIT supply chain management course has been rated 4.85/5 by approximately 470 learners, making it a must for anyone looking to launch their programming career.

Course features

The certificate course in supply chain management has the following salient features: 

  • IIT-Roorkee faculty and industry experts 
  • Online classes for students and working engineers 
  • Certification in analytics with a specialization in supply chain logistics 
  • Advanced curriculum and hands-on SCM training 
  • Unique modules and in-depth, intensive curriculum and training

Benefits and Takeaways 

The Imarticus Professional Certification in Supply Chain Management and Analytics is a lifetime experience in learning from experts. The faculty will train you to act as catalysts of change and development in global supply chain management and logistics. The salient features to remember while applying are: 

  • A-grade training and facilities from IIT Roorkee 
  • Latest course content with field experience 
  • Multiple languages covered including Python 

Please contact chat support for further details about the course. You may also visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon, for a quick chat with our consultants. Hurry, the clock is ticking till the next deadline for the application for certification. 

Supply chain analyst : Salary, jobs, education, career advancement

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Supply chain analyst: Salary, jobs, education, career advancement

Supply chain analysts work with businesses to guarantee that the appropriate items, in the proper amounts, are delivered to consumers on time. These specialists are well compensated, but it is not a career for everyone. There are various stages you must take if you want to become a supply chain analyst.

What do supply chain analysts do?

Supply chain analysts work with various data to help companies improve their supply chains. They use data to provide insight into supply chain operations, design and implement solutions to improve supply chain efficiency and effectiveness, plan and implement supply chain strategies, influence and collaborate with stakeholders, identify opportunities for improvement, and more.

Your education level will depend on the position you’re applying for. You’ll need a bachelor’s degree in supply chain management, logistics, or business to be a supply chain analyst. Supply chain analysts with master’s degrees are called senior analysts and can earn more than those with bachelor’s degrees. 

What skills do supply chain analysts need?

Supply chain analysts must have a wide range of skills and knowledge. Employers look for candidates with the following qualifications:

  • Analytical skills. Supply chain analysts need to use Excel, data analysis, data visualization, and modeling tools to analyze supply chains and make recommendations for improvement.
  • Data science skills. Supply chain analysts may need to perform statistical analysis on large datasets containing sensitive information—such as financial or personal information—so they must understand privacy regulations such as GDPR (General Data Protection Regulation). 

How much money can supply chain analysts make?

Supply chain analysts are in high demand and can earn a decent salary. Supply chain analysts work in a variety of industries and locations. Some companies hire supply chain analysts from college, while others prefer candidates with experience in supply chain management or related fields. Supply chain analysts can expect to receive competitive benefits packages that include health insurance plans and paid time off for vacation days or sick leave.

Supply Chain Analyst Career Paths

There are different types of supply chain analyst jobs. You could be a supply chain analyst, a supply chain manager, or a supply chain management analyst. The supply chain management specialist is one of this career’s most common job titles. Here is what you can expect if you choose this career path:

  • Supply Chain Analyst—In charge of working with vendors and internal departments to ensure smooth operations within an organization.
  • Supply Chain Manager—Managed all aspects of the company’s supply chains, including inventory levels, transportation costs, and vendor relationships.
  • Supply Chain Management Analyst—Typically works closely with executives at companies to help them understand how their current systems work.

Explore a Career in Supply chain Management with Imarticus Learning

Supply Chain Analytics enables management to make data-driven choices at the strategic 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 and initiatives, including six real-world projects.
  • By completing a supply chain management and analytics degree, 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 chat support, or drive to one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, and Gurgaon. 

Become A Pro By Managing Uncertainties In A Supply Chain

Posted on by Imarticus Learning

Become A Pro By Managing Uncertainties In A Supply Chain

Supply chain risk management is a critical aspect of any business. It helps minimize disruptions’ impact and improve the supply chain network’s overall efficiency. However, some companies are still reluctant to use supply chain risk management techniques and instead rely on ad hoc responses or reactionary measures when there is an issue. 

How do deal with uncertainties in a supply chain?

Supply chain managers can use several techniques to deal with uncertainties in a supply chain. These techniques are:

  • Manage the risk: Supply chain managers can take steps to manage the risk arising from an uncertain event, such as by increasing inventory levels or by changing suppliers if the existing one fails to meet quality standards.
  • Mitigate the risk: In a few cases, it may be possible for a supplier to mitigate risks that otherwise would have led to a disruption in operations during an emergency or natural disaster.
  • Transferring risk: If you cannot prevent certain risks from occurring but are willing and able to assume them yourself instead of passing them along through insurance coverage (e.g., weather-related incidents). Therefore, consider transferring these risks onto yourself instead of trying insuring against them directly through another service provider like an insurance company (unless this makes sense given other factors involved). 

Types of risks in the supply chain

  • Financial risks are the most obvious and affect the supply chain’s ability to generate revenue. For example, there will be no revenue if you can’t sell a product because it isn’t available in stores.
  • Supply chain risks include production delays or quality issues that prevent you from fulfilling orders on time. They also have physical damage caused by external forces during shipment (e.g., bad weather).
  • Operational risks are more subtle than financial or supply chain risks and can affect your company’s ability to perform its functions properly—however indirectly this may seem at first glance. For example, poor communication between departments within your organization could lead to duplicate purchases of materials needed for production.

The future of supply chain management is likely to be driven by uncertainty and will require companies to develop new strategies for dealing with it. Fortunately, many tools are also available to help you manage them effectively.

In conclusion, we can say that the future of the supply chain is bright. With the help of technology and proper planning by companies, it’s easy to avoid any risk and ensure smooth functioning at all times.

Discover a supply chain management career with Imarticus Learning

Students interested in the SCM course can get the most recent information by completing the supply chain certification course.

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 and initiatives, including six real-world projects.
  • Students may prepare for highly sought-after occupations like demand planner or data scientist, which are in high demand among firms today, by completing supply chain analytics courses!
  • Aspirants will learn to become data-centric and improve Supply Chain decision-making using the Python programming language.

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