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Tag: supply chain management courses in India

Why do organizations emphasize on delivering business value through efficient procurement and logistical management?

Posted on by Imarticus Learning

Looking for the best logistics and supply chain management course on the block? Before you choose the supply chain Management course that suits you, understand why efficient procurement and logistical management are vital for organizations in the first place.

Procurement and logistics are two of the most common terms that you will hear in a business environment. While procurement refers to sourcing supplies, logistics means the holistic process of acquiring resources from their origin, managing them, and transporting them to the point of consumption.  

But why do organizations emphasize procurement and logistics management to deliver business value? Let’s find out.

Why is Procurement Management Important?

Procurement management entails overseeing all the processes involved in sourcing the materials, products, goods, and services required for business operations to run efficiently. The terms “purchasing,” “sourcing,” and “procurement” are often used interchangeably to describe the procuring of supplies and management of the process. However, it is “procurement” and “purchasing” that essentially refers to the operational function, while “sourcing” is usually more strategic.

Procurement management has a direct impact on strategic business operations and the company’s bottom line for the following reasons:

  • Procurement management ensures the proper acquisition of items and services so that processes and projects can proceed efficiently.
  • Procurement management can be instrumental in sealing valuable production and supplier contracts.
  • It can also set the stage for new and innovative processes and help domestic and local businesses go global.
  • When optimized, procurement management can save time, money, and resources while offering a competitive advantage.
  • By actively pursuing diverse suppliers, procurement management can be at the forefront of trailblazing CSR initiatives to promote diversity and inclusion.

Why is Logistics Management Important?

What earlier used to be a term restricted to military operations has now become a widespread business concept. Today, the business sector uses the term logistics to describe the efficient flow, storage, and management of goods from their source to the point of consumption.

Here’s how logistics management is critical to stay competitive and keep pace with customers’ demands:

  • Managing logistics significantly reduces overhead costs, increases productivity, and ensures faster delivery. 
  • Logistics is the foundation of a successful supply chain. It helps boost the sales and profit of businesses dealing with the production, warehousing, shipment, and delivery of products. 
  • The analysis of a company’s supply chain management data improves efficiency. Using a transportation management system to track the movement of goods in and out of a business optimizes the process and minimizes disruptions. 
  • Well-managed and organized logistics ensure fast and seamless product delivery to customers. 
  • Last but not least, efficient logistics management improves customer service, meeting and exceeding customer demands. It enhances the brand image and helps the business attract and retain long-term customers.

What to Look For in a Logistics and Supply Chain Management Course?

If your goal is to get a professional certification in Supply Chain Management and Analytics, there are several online courses that you can choose from. While each of them claims to be the best, ensure that the program caters to your professional needs.

For example, the course curriculum should cover key programming languages and tools such as Python, Excel, and TOra, and hands-on training in real-world SCM projects. Overall, the course must be robust enough to prepare you for the operations and supply chain industry with a cutting-edge curriculum and industry exposure.

How Can A Supply Chain Management Course Help Professionals?

Posted on by Imarticus Learning

Supply Chain Management is a relatively new concept in the business world, but it has become increasingly important. Supply Chain Managers are responsible for ensuring that items and materials never run out. They work to ensure that their company is profitable by keeping costs low and having enough products to sell.

A supply chain management course can help professionals learn how this process works and give them an edge in the job market!

Supply Chain Management: An Overview

Supply chain management is a profession that has been gaining popularity over the past few years. The supply chain refers to the process of delivering goods from suppliers or manufacturers to customers. The supply chain may also include warehousing, production, and distribution, as well as retailing. This industry encompasses everything from sourcing raw materials for manufacturing products to how those products are marketed and sold at stores after they have been manufactured.

Supply chain management is a process that links the production and distribution of goods, materials, and services. The goal is to deliver what the customer needs as efficiently as possible. The process helps companies to manage the flow to help maximize efficiency.

Supply Chain Management Career: An Invincible Option

Organizations always look for ways to increase production while reducing costs. A supply chain management course can provide professionals with an understanding of how retailers work together to meet consumer needs.

Here is how a supply chain management course can help professionals:

supply chain management and analytics course by IIT, RoorkeeEfficient Collaboration: To swiftly and effectively deal with issues when they arise, it is vital to maintain a smoother flow of information across the supply chain to avoid any miscommunications and confusion.

Quality control improvements: To source better components and services, you must have better awareness & control of different links in the supply chain within your processes.

Keep up with demand: Supply and demand are factors that fluctuate in counter-intuitive ways. Improved data analysis & communication between producers, sellers, and suppliers can reduce the chance of supply hitting a bottleneck.

Cost Reduction: Improvement in quality control and inventory management brings along lower overheads & allows better optimization for profitability.

Mitigate risks:  A supply chain certification helps you figure out how to predict new challenges, for example, a supplier going out of business. Professionals can efficiently prepare for any unpredictable situation and minimize inefficient risk mitigation costs like unnecessary stockpiling.

Transform your SCM Career with Imarticus Learning:

If you are passionate about a supply chain management career, the Professional Certification in Supply Chain Management and Analytics course you need to enroll in today! The program has been designed in collaboration with DoMS and E-learning Centre, IIT Roorkee, and experienced industry leaders. The system provides a cutting-edge experience to candidates who wish to enter the operations and supply chain industry.

supply chain management and analytics courses by IIT, RoorkeeSupply chain certification enables professionals to make data-driven decisions at strategic, operational, and tactical levels. In the Supply Chain Management field, there is a shortage of professionals with process and analytics talents. This certification prepares you for high-demand job roles such as Demand Planner, Data Scientist, Supply Planner, and Supply and Operations Planner.

USP’s of Supply chain Management course

  • Master SCM know-how & much-needed skills in analytics through this cutting-edge curriculum designed by the DoMS & E-Learning Centre, IIT Roorkee.
  • Learn from one of the best faculties in India through live online sessions and discussions.
  • Get an opportunity to participate in the 3-day campus Immersion module to visit the IIT Roorkee campus.
  • Solve complex real-industry problems demanding a thorough understanding of concepts, mastery over a skill, and understanding the business context.
  • Supply chains generate massive amounts of data – Big Data, to be more specific.

For further details, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, and Gurgaon.

HOW A SUPPLY CHAIN MANAGEMENT TRAINING IS PROVING HELPFUL DURING PANDEMIC

Posted on by Imarticus Learning

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

Supply Chain Management CoursesThe 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 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.

Contact us through the Live chat support system or schedule a visit to training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, and Gurgaon.