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Tag: supply chain management career

The role of a supply chain analyst in the logistics and supply chain department

Posted on by Imarticus Learning

The Role of a Supply Chain Analyst in the Logistics and Supply Chain Department

The business industry is growing every day and consequently, it is opening several job opportunities. If you are aiming to enter this industry and you have great critical thinking skills along with a strong knowledge of communication, then you can develop yourself to become a supply chain analyst. 

best supply chain management and analytics courses

As a supply chain analyst, you use your critical thinking for the growth of your company. For this role you need to have a very intricate idea of the industry that you are associated with and also you have to actively use your problem-solving skills very often.

To become an expert all you need to do is to have the right course from the right place. Imarticus is all set with its Professional Certification in Logistics and Supply Chain Management Course where you can get the right guidance to make a career in supply chain management.

What is a Supply chain analyst?

A supply chain is an essential part of a business that maintains the relationship between the company, supplier, and customer. The main responsibility of a supply chain analyst is to improve customer services by looking after the company’s supply chain and designing it efficiently under the company budget.

Mainly larger companies hire for this role as their supply chains need regular monitoring and maintenance. This role has a high demand in the manufacturing, retail, e-commerce, government, and food industries. 

If you are opting for this role, you are supposed to look after the logistics system of the company along with the order placement, transportation, and delivery process. In case of any problem in any of these sections, you have to deliver a quick solution without making the company face extra costs.

In simpler language, a supply chain analyst ensures that the company meets the customer demands in no time, without paying extra. So, your responsibilities also include the task of maintaining the supply chain of the company smoothly under a stipulated budget. 

Role of a Supply chain analyst

Supply chain analysts have several responsibilities to perform for their company such as,

  • Designing materials to manage and gather data on the company supply chain.
  • Determining how to manage to ship more cost-effectively.
  • Maintain a good relationship with the vendors. 
  • Analyzing the supply chain to detect malfunctions before they cost any harm to the company.
  • Increase the revenue by cutting extra costs and negotiating the best deals with the partner companies.
  • Have better communication with the supply chain management team.
  • Work closely with procurement, logistics, IT, and other departments to discover concerns and give solutions for that to make the delivery process smoother.
  • Ensuring that corporate policies and procedures are being followed.

The responsibilities may vary according to the needs of the company but these are the most common expectations that the employer may have from the person they are appointing for this role.

Skills required

The skills that may give you better opportunities in the field are, 

  • Knowledge of mathematics, analytical skills, and logical reasoning.
  • A distinct understanding of all the processes included in a supply chain system and maintaining the data on relevant programs like Microsoft Excel.
  • Strong communication skills to negotiate with the vendors and other parties involved in the process. 
  • Foresee problems and suggest required solutions before it gets harmful to the company.
  • The ability to search for the best vendors suitable for various projects. 

Conclusion

The supply chain industry has spanned the industries like automobile, retail, consultancy, e-commerce, customer packaged goods, and so on. It has a higher demand for supply chain analysts, but to make a career in supply chain management it is important to have a relevant degree and skills which you can acquire through the Imarticus logistics and supply chain management course. The top faculty and industry-relevant curriculum will help you achieve the skills and knowledge you need.

How supply chain careers are changing over time

Posted on by Imarticus Learning

How supply chain careers are changing over time

Supply Chain Management refers to the management of the entire life journey of a product or service, from selecting its raw materials, transporting them for manufacturing, to delivering it to the final customer.

It is an essential part of every business, serving as a vital link for the intersection of the demand and supply forces. An efficient supply chain not only helps keep the business’ operational costs in check but also minimises the wastage of resources, time, and efforts of the involved human resource and technologies.

If you like planning and organising from the beginning to the end, consider doing a supply chain management and analytics course to build a successful career in the supply management field. It equips you with supply chain planning and introduces you to the world of supply chain analytics, which helps you make critical strategic decisions.

There are various supply chain management career options to choose from per your interest and skill set. Popular profiles include Purchase Managers, Material Analysts, Strategic Planners, Warehouse Managers, Logistics Analysts, and others. Over the last decade, all supply chain planning roles have significantly evolved on account of technological improvements and the digitisation shift.

The Future of Supply Chain Management Careers 

Following are supply chain management careers, including the changes expected to further evolve in the future – 

Production Managers

A production manager plans, coordinates, and supervises all production-related activities of a supply chain. Over the years, they have been responsible for ensuring production according to demand and their delivery to the next stage in the supply loop. 

However, with technological advancements, their role has evolved drastically. In many technology-driven companies, a production manager works with collaborative robots instead of human labour, for example, in automobile production. And to work efficiently with these robots, it is required that the production manager possess the programming skills necessary, as, when needed, they must reprogram robots to meet dynamic demand requirements. 

Unlike before, production managers nowadays also work with IoT-equipped appliances, requiring them to understand augmented analytics. All these changes are modeling production managers to become technicians of the future.

Logistics Manager 

Logistics management plays a vital role in a supply chain. Over the years, logistics managers have been responsible for setting up and managing a network of suppliers and retailers, so the business can optimally serve its target audience. They have also been actively involved in inventory management and arranging goods transportation. 

However, today, the role of a logistics manager is no longer limited to these activities. The role has become more meaningful with the emergence of analytics and automation. Today, a logistics manager can automate low-value work like inventory management and packaging of goods to focus on more attention-requiring areas like customer satisfaction. 

Using advanced analytical tools, a logistics manager can customise delivery channels for different customers, exceed their delivery expectations by delivering goods via drones, and leave an ever-lasting impression on customers, beneficially impacting the business.

Strategic Planners 

Planning is the first step in setting up a supply chain circuit. For years, the supply chain planning role has revolved around charting and experimenting with different supply chain planning options to accurately and timely meet the demand for goods and services. 

However, today, a strategic planner uses advanced technologies like Machine Learning to plan optimal consumption of resources, aligning them cost-effectively with the demand. 

This change has brought a shift in the business areas impacted by the role of strategic planners. They are no longer limited to only sourcing but have gained the power to impact finances and resource utilisation significantly, unlike before.

Final Words

The field of supply chain management is evolving and will continue to grow with the emergence of new and improved technologies. We understand the importance of analytics in this emerging set-up and thus offer a Professional Certification in Supply Chain Management and Analytics, which provides the cutting-edge in the field with skills for making data-backed decisions for managing supply chains of all sizes and complexities.

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

Supply Chain Stories: How To Get A Supply Chain Analytics Program Operational In Three Months

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Supply Chain Stories: How To Get A Supply Chain Analytics Program Operational In Three Months

The market for supply chain analytics is currently booming. What is the cause of this surge, and why should you join the movement? This post will examine the driving factors behind supply chain analytics.

Identify Your Key Performance Indicators (KPIs) and Data Sources

One of the first steps in implementing a supply chain analytics program is identifying your key performance indicators (KPIs). These are the most important metrics for any business, as they are critical for demonstrating value and improving operations. It will automatically capture every sale without requiring people to enter data into Excel spreadsheets manually! 

Develop an Initial Strategy and Business Cases for the Program

Before you begin to plan your supply chain analytics program, developing an initial strategy and business cases for the program are essential. This step will help you define your goals and plan for achieving them.

Remember: goals should be ambitious but realistic. 

Define the Scope of the Project with an Implementation Plan

When you begin a Supply Chain Analytics program, it is crucial to lay out the scope of your project and who will be involved in each phase. You’ll also need to determine who your stakeholders are so they can be included in discussions about the project during various stages. 

  • Define which systems or processes need to be analyzed (e.g., inventory management)
  • Decide what data sources need access for analysis (e.g., supplier data)

The industry is growing fast

From 2022 to 2030, the global supply chain analytics market can develop at a compound yearly growth rate of 17.6 percent, reaching USD 22.46 billion. And it’s not just the industry that is growing — the number of available jobs for supply chain professionals is increasing, too!

The supply chain always bounces back.

Indeed, there is always a way to pull back from the edge regarding your supply chain, no matter how bad things become. This is what excellent supply chain analytics programs are all about – anticipating problems before they happen and making sure you don’t fall into a rut by making mistakes you can avoid through better planning.

Many of the ways you can use an analytics program to improve productivity include:

  • Developing more accurate forecasts of demand (based on historical trends)
  • Allocating resources more effectively based on real-time inventory data
  • Finding new suppliers who can provide lower-cost products/services than those currently being used in order/delivery processes

As a result, these supply chains must become more innovative, faster, and more efficient. 

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 management certification online. 

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, and Gurgaon. 

The Advantages Of Having An Industry Certification In Supply Chain Management

Posted on by Imarticus Learning

 The Advantages Of Having An Industry Certification In Supply Chain Management

Firms are increasingly embracing analytical standards to improve their decision-making capabilities and supply chain efficiency due to the complexity and increase of supply chain operations as a result of globalization. To compete in a competitive market climate and increase quality, a company’s supply chain managers must respond to disruptions quickly and effectively. A well-functioning supply chain ensures timely fulfillment of goods and services when catering to ever-changing client demands.

Higher employee efficiency rates, lower prices, better profit margins, increased outputs, and so on are all advantages of supply chain management for the firm. As a result, firms are always on the lookout for people who have completed certifications in supply chain management and wish to pursue a supply chain management career. 

In this post, we’ll go over the benefits of getting an industry certification in supply chain management and one of the top supply chain management and analytics courses for a successful supply chain management career.

Advantages Of Completing An Industry-Certified Supply Chain Management Course

There are various advantages of completing an industry certification in supply chain management, a few of which have been listed below:

  1. International recognition

Top worldwide organizations and MNCs recognize a certification in supply chain management certified by industry experts and councils. It is easier to advance a supply chain management career and work for an international organization if certifications are recognized internationally.

  1. More job opportunities

Once the industry accepts the certification, it opens doors to various job roles in that field. In the case of supply chain management, you can easily apply to any of the following job roles:

  • Business Analyst
  • Planning Manager
  • Director of Logistics Management
  • Distribution Manager
  • Director of Supply Chain Management
  • Global Procurement Manager
  • Commodity Specialist
  • Purchase Head
  • Supply Chain Manager

  1. Better pay scale

Employees who complete additional supply chain certifications get more job opportunities and better pay. Most of the time, the salary of already working employees is increased after the certification. If the graduate is fresh, they have a better chance of getting a higher package than other selected candidates. According to Glassdoor, the average salary of a certified supply chain manager is around 12 lakh.

  1. Well-informed decisions

As the global supply chain gets increasingly complex, the requirement for well-researched judgments has become vital. An industry-certified supply chain management training can help you learn important topics and make better judgments. A well-informed decision will help the organization meet its objectives, such as enhanced profit margins, firm efficiency, and sales. Companies are continuously looking for people who have finished a certification in supply chain management and can see difficulties in decision-making and leveraging market data.

  1. Keep up with the newest market developments

You’ll learn to deal with newer market developments if you take an industry-specific supply chain management and analytics course. It’s a terrific chance to stay on top of supply chain developments and put them into practice. It’s also the perfect time to keep up with new technology in the industry and take the lead within your organization. You may keep a close eye on each new development and improve communication with vendors, consumers, and your company.

Professional Certification In Supply Chain Management & Analytics Course By IIT Roorkee

The Professional Certification in Supply Chain Management and Analytics is an industry-certified supply chain management program developed in collaboration with Imarticus Learning by IIT Roorkee, CEC, and industry professionals to provide individuals interested in pursuing a supply chain management career with cutting-edge experience and knowledge.

Supply chain management courseThe Professional Certification in Supply Chain Management and Analytics course helps professionals make more data-driven decisions at the operational, strategic, and tactical levels.

This industry-recognized program prepares you for high-demand supply chains management positions such as supply chains manager, procurement manager, and demand planner.

Following are the various highlights of the Professional Certification in Supply Chain Management and Analytics course by IIT Roorkee:

  • Students who complete the 6-month certification in supply chain management will be rewarded with a certification from IIT Roorkee.
  • It allows you to schedule one-on-one mentoring sessions with industry leaders and experts to clear all your doubts and questions related to this ever-growing industry.
  • The Professional Certification in Supply Chain Management and Analytics course is conducted online by IIT experienced faculty members and guest sessions by supply chain management experts.
  • It follows a rigorous industry-oriented curriculum that teaches students job-relevant topics and skills to secure a high-paying, in-demand job.

Conclusion

Supply chain management is a rapidly growing sector due to the epidemic’s disrupted supply chain and globalization. The Professional Certification in Supply Chain Management and Analytics course is a 6-month program that helps students keep up with the latest market trends, learn essential supply chain management skills from IIT Roorkee faculty, and participate in a 3-day campus visit to IIT Roorkee. It is industry certified and follows an industry-oriented curriculum, allowing you to work for any top organization.

Please contact us for any queries or visit any of our training campuses in Mumbai, Thane, Pune, Bengaluru, Delhi, Chennai, and Gurgaon. 

7 Benefits of a Supply Chain Analytics Certification That May Change Your Perspective

Posted on by Imarticus Learning

7 Benefits of a Supply Chain Analytics Certification That May Change Your Perspective

Introduction

Due to the complexity and growth of supply chain operations as a result of globalization, firms are increasingly adopting analytical standards to improve their decision-making capabilities and supply chain efficiency. A business needs supply chain managers to respond to disruptions efficiently and sustainably if they want to survive a competitive market environment and achieve qualitative improvement.

When catering to ever-changing client expectations, a well-functioning supply chain assures timely fulfillment of goods and services.

There are numerous advantages of incorporating supply chain management into an organization, including lower costs, higher efficiency rates, higher profit margins, higher outputs, and so on. Therefore, companies are continuously on the lookout for personnel who have studied SCM courses and have relevant expertise. In this article, we will go over seven benefits of studying a supply chain analytics course and recommend one of the top SCM courses to start your supply chain management career. 

Benefits of Completing Supply Chain Analytics Course

Studying SCM courses has a number of advantages for both the organization and the employee, some of which are stated below:

 

  • Improve the firm’s profitability

 

One of the most significant benefits of a supply chain analytics course is that it can help a company’s performance and profitability. It aids in the understanding of logistics management, numerous methods for obtaining raw materials, and the best markets for selling goods and services. This allows a company to boost its profit margins and overall sales.

 

  • Well-informed decision-making

 

The need to make well-researched decisions has become critical as the global supply chain becomes more complex. A well-informed decision will help your company achieve its goals of increased efficiency, improved profit margins, and higher sales. People who have completed a supply chain analytics course can identify problems in decision-making and use market data to their advantage.

 

  • Higher employment opportunities

 

Companies are increasingly interested in investing in personnel that can help their company stay on top of market trends, make more informed business decisions, and identify ideal markets to offer their products in. In this regard, those who have completed SCM courses are in higher demand and have more job options.

 

  • Customer Retention

 

A good supply chain analytics course will show you how to build a solid reputation in the marketplace and improve a system’s ability to respond to client needs. It teaches you how to attract new customers and retain existing ones. It also helps in maintaining an efficient flow of services and goods for both companies and customers.

 

  • Keep up with market trends

 

When you study supply chain analytics courses and logistics management, you will learn how to deal with industry trends. Furthermore, you will learn how to deal with client requests. It is always beneficial to keep up with new technology in the market and lead the charge within your company. You can maintain a close check on each new development and provide good communication to clients, vendors, and the firm this way.

 

  • Supply chain management careers

 

After completing a supply chain analytics course, you will be able to work in a variety of areas and supply chain management careers.

  • Supply chain business manager
  • Operations manager
  • Supply chain analyst
  • Purchase manager, and more
  • Proper system implementation

 

 

By taking supply chain analytics classes, you will be able to use the most cutting-edge technology and will benefit from learning how to incorporate this new technology into an organization’s current processes. It helps in proper system implementation, allowing firms to make the best use of technological advancements.

Professional Certification In Supply Chain Management & Analytics Course By IIT Roorkee

The Professional Certification in Supply Chain Management and Analytics was developed in conjunction with IIT Roorkee, CEC, and industry professionals to equip individuals interested in a supply chain management career with cutting-edge experience.

At the operational, strategic, and tactical levels, the Professional Certification in Supply Chain Management and Analytics empowers professionals to make more data-driven decisions. This credential prepares you for high-demand jobs like Supply Planner, Demand Analyst, and Operations Planner, among others.

  • IIT Roorkee will award a certificate to students who finish the Professional Certification in Supply Chain Management and Analytics.
  • It allows you to attend one-on-one mentorship sessions conducted by industry leaders and IIT faculty.
  • It’s the ideal combination of practical and theoretical knowledge for learning new competitive supply chain abilities.

Conclusion

Due to the interrupted supply chain during the epidemic and because of globalization, supply chain management is a rapidly rising sector. The Professional Certification in Supply Chain Management and Analytics is a 6-month SCM course that helps people keep up with market trends, learn vital skills from the IIT Roorkee faculty, and participate in a 3-day campus visit at IIT Roorkee.

Contact us now or visit one of our training centers in Mumbai, Thane, Pune, Bengaluru, Delhi, Chennai, and Gurgaon. 

Unleashing the Potential of a Supply Chain Analytics Certification

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Unleashing the Potential of a Supply Chain Analytics Certification

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

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

Why is Supply Chain Analytics important?

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

  • Improvement of profitability

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

  • Risk management

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

  • Developing value for the customers

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

  • Implementation of a proper system

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

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

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

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

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

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

Final Words

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

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

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

Posted on by Imarticus Learning

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

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

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

Why choose us for this Supply Chain Analytics course?

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

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

What does the course exactly offer?

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

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

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

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

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

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

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

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

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

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

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

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

How a supply chain management course with analytics can transform your career in 2022

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How a supply chain management course with analytics can transform your career in 2022

Supply chain analytics is an integral part of supply chain management and is completely data-driven. Therefore, taking up supply chain management in analytics is a great way to build your career in this field. It will help you gain insights and values from the huge datasets related to numerous supply chain management methods such as procuring, processing, and distributing goods and services. 

With the rising demand for commodities in recent years, there is a rising demand for supply chain analysts due to the production of huge datasets and managing big data. It is primarily involved in the collection of relevant data compiled from numerous applications, infrastructure, third-party sources, and future technologies.

This field aims to improve the quality of decision-making, planning, and strategizing in supply chain management. It helps in synchronizing, executing, and enhancing real-time visibility of the methods and their impact on the customers. A course in supply chain analytics gives you the required skillsets for understanding and analyzing the increase and decrease in visibility in a supply chain network that directly influences decision-making in businesses.

How is it Related to Supply Chain Management?

Supply chain analytics plays a very important role in the field of supply chain management. Professionals in this field are required to collect, compile and analyze huge datasets in a company and influence taking data-driven decisions, based on the compilation of relevant data. Supply chains produce large amounts of data daily. Supply chain analytics is required to make sense of all the data and generate insights and decipher patterns. 

Relevant Courses for Pursuing a Career in Supply Chain Analytics

Needless to say, in our fast-paced era, supply chains will cease to function correctly without supply chain analysis. Here are some of the best courses you can pursue:-

  1. Supply Chain Analytics Certification: For individuals who are eager to learn about how data analytics works in the field of supply chain management, this course is a perfect choice. It will exclusively teach you about supply chain analytics and decipher and fix problems in numerous supply chain sectors with a data-driven approach. This course will help you develop the required data analytics skills to use tools for enhancing supply chain performance.
  2. Big Data Analysis and Machine Learning: A certification in big data analysis and machine learning will open numerous avenues. One of them happens to be supply chain analytics which you can easily opt for. In this course, you will learn how to use the in-demand data science tools and techniques that are required in the job sector. You will be taught valuable skills in data analytics, Python, SQL, and data visualization with Tableau and machine learning.
  3. Predictive Analytics for Demand Forecasting: Data is considered a raw material that requires predictive analysis for deciphering it, compiling it, and effectively using it for decision making. This certification will give you the basic skills required to understand the important concepts of Predictive Analysis which include monitoring and managing big data.You will also learn about the importance of Tableau in providing specific views of minor events or linking information to the recent trends and forecasts for ensuring proper allocation of resources and improving effectiveness.

Conclusion

Data analytics has become an integral element in supply chain management in recent years. In recent years including 2022, it has indeed become a great career prospect for students of data science. A professional supply chain management course or a supply chain analytics course from Imarticus is the right start for your supply chain career.

Supply chain management certification: The key to empowering supply chain professionals

Posted on by Imarticus Learning

Supply chain management in commerce is the process of managing the flow of goods and services, between businesses and locations. A supply chain career involves the storage and movement of raw materials, inventory, and also finished products. It also involves managing order fulfillment from the source of origin to the source of consumption. Read on to know more…

Why is a supply chain management certification required?

With the passage of time, technological innovations, growing population, and ever-increasing demand for commodities, the delivery of goods and services in our global economy have become challenging and increasingly complex. Large businesses and robust organizations are in constant need of supply chain managers for managing the deliveries and other operations related to the supply chain. Therefore, studying a course and pursuing a career in supply chain management is quite a lucrative option. You will learn how to execute the choicest practices in procurement, purchasing, logistics, inventory management, distribution, and compliance.

Notably, supply chain managers and professionals face numerous challenges in business operations such as disruptions, risks, and an increase in market competition. Once you take up a course, you will learn how to effectively minimize the damage incurred because of supply chain disruptions, plan out risk management methods and strategize cost reduction policies. A certification course in supply chain management will give you the skills you need to become a valuable asset to your company in contributing to the effective working of the supply chain.

Benefits of taking up a supply chain management course

Here are some reasons a course in supply chain management can be beneficial to you:

  • Career boost: If you are already an analyst manager or a part of handling logistics, taking up a good course and getting certified as a supply chain professional is bound to give your career opportunities the boost it requires.
  • More knowledge about business operations: Pursuing a career in supply chain management will give you the skill set required for managing a company’s supply chain with ease. Not only will it give you the credentials to get a promotion in your organization, but also the knowledge about dealing with the complexities of the supply chain and how things work for the smooth process of delivering commodities between suppliers and consumers. You will easily be able to troubleshoot any problem and mitigate any risk during manufacturing or distributing goods and services.

 

  • More job opportunities and prospects: An SCM certification will be like a feather on your cap that will give you an edge over different candidates who have no formal training in this field.
  • Help you stay updated: Supply chain management courses will help you keep abreast with the latest developments and ongoing trends in this sector.

What you will learn in a supply chain management course?

 

  • Designing value in SCM: You will learn how to design value in the global supply chain with decision-making tools and make decisions for forecasting and planning through quantitative methods.
  • Enterprise resource planning: You will learn about ERP for the integrated approach, the core structure of ERP-related systems, and different ERP techniques and tools for SCM.
  • Supply chain operations: You will learn about various SCM operations like concepts, conceptual framework, latest trends, technologies, operational measures, operational activities, demand planning, and forecasting. 

Conclusion

A course in SCM will teach you the most important concepts used in strategy, inventory control, and the like. A supply chain analytics course or a professional supply chain management course from Imarticus Learning will take your supply chain career to greater heights. 

Explore strategic operations management and supply chain analytics with a supply chain management certification

Posted on by Imarticus Learning

Supply Chain Management is the process of managing supply and demand, constructing a sustainable architecture, taking advantage of international logistics, generating net value, and evaluating performance throughout the world. It is the management of the complete manufacturing process of a product or service, from raw materials to the end product delivered to the customer.  

Among the many benefits of using supply chain planning and analytics software, is the ability to better anticipate and respond to the client’s needs. Predictive analytics may be used to help companies anticipate consumer demand and as a result, make inventory modifications that save money while also expediting delivery.

End-to-end supply chain analytics necessitates the acquisition of raw materials, production, distribution, and services that are required after the sales. An organization’s supply chain cannot function properly without the seamless integration of the supply chain management platforms. The goal of this kind of integration is to provide data on products at every level of the supply chain with supply chain visibility.

Operations Research

Operations Research is a branch of applied mathematics concerned with quantitative decision-making issues involving the allocation and management of scarce resources. These issues emerge in a variety of contexts, including industrial businesses, investment firms, health care organizations, and governance. An operations research analyst creates and applies computational and scientific models to assist in the resolution of decision-making difficulties.

As with engineers, they formulate and solve problems. Their job includes developing a quantitative representation of the system and analyzing and forecasting the repercussions of alternative modes of operation. Mathematics optimization algorithms, probabilistic and statistical methodologies, research, and simulation software may all be used in the investigation.

Operations Management

Product and service production and distribution processes are meticulously managed by Operations Management professionals. In today’s business world, the efficiency and efficacy of procedures are of paramount importance. Because of this, operations management frequently involves a great deal of internal process monitoring and analysis.

Operations Management professionals get the processed data from the Operations Research analysts and then choose to make a decision based on the data provided to them. They’re in charge of everything from product conception and delivery to inventory control and logistics to production planning and execution.

About the Supply Chain Management and Analytics course from IIT Roorkee

Indian Institute of Technology Roorkee is among the most important engineering institutions in India. Since its inauguration, the institution has played a critical role in the provision of technical expertise and knowledge to the nation, in support of research. The institute is one of the world’s leading technical institutes, and it has had a significant impact on all aspects of technological advancement. 

The DoMS & E-Learning Centre, IIT Roorkee, has devised a comprehensive curriculum along with Imarticus to teach you the fundamentals of supply chain management and analytics. Python’s potential will be used in this course to help you become more data-centric and enhance Supply Chain decision-making. Along with learning the analytics part of the course, you will be also trained in Sales and operations planning.

Conclusion:

It is due to the Operations and Supply Chain Management professionals that are upholding the supply and demand of products in the consumer market. Learn the process of designing supply chain networks yourself and become a successful supply chain professional with the help of the Professional Certification in Supply Chain Management & Analytics course from IIT Roorkee. As a part of this course, you will be able to visit the Roorkee Campus for 3 days and learn there, you will also be working on a Capstone Project with experts in the industry.