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Tag: supply chain management online training

Why is IIT Supply Chain Management Program the Best?

Posted on by Imarticus Learning
Reading Time: 3 minutes

The supply chain encompasses all of the actions, people, organizations, information, and resources required to transport a product from conception to client. In the consumer goods industry, this is likely to include raw materials, production, packaging, shipping, warehousing, delivery, and retailing. The end goal is straightforward: fulfill the customer’s desire.

Further, a supply chain management course is the process of combining supply and managing demand not only within the firm but also across all of the supply chain’s innumerable units and channels so that they function together quickly and productively.

Supply chain management is critical for any firm since it can introduce various benefits. But, inadequate supply chain management can result in very expensive delays, quality concerns, or reputation issues. Poor supply chain management can also lead to legal concerns in some circumstances if vendors or processes are not compliant.

Technology advancements have opened enormous possibilities for supply chain management, allowing supply chain managers to collaborate intimately and in real-time with supply chain participants.

A certified supply chain analyst has a very important role in every industry that involves the supply chain. A supply chain management career can guarantee you a high-salary job in various sectors. The IIT Supply Chain Program is the best and comes with some exclusive benefits.

This 6-month supply chain management online course has been specially prepared by IIT faculty and industry professionals to assist you in learning. With the ever-increasing trend of e-commerce, the number of products in transit has also increased. The number of supply chain management employees has increased disproportionately across industries. This training will prepare you to capitalize on this opportunity.

Why Pursue IIT Supply Chain Management Course?

The benefits of IIT certified supply chain analyst course are as follows:

  1. Discover supply chain management knowledge and much-required analytical skills with this program built by IIT Roorkee’s DoMS & E-Learning Centre. This course will assist you to become more data-centric and improve supply chain selection by using the strength of Python.
  2. This supply chain management online course will assist you to learn from one of India’s greatest faculties via live online sessions and conversations. IIT faculty workshops will help you construct essential concepts in SCM, while industry specialists will provide hands-on learning for SCM processes, tools, and strategies. This course will teach you how to construct a solid SCM foundation and use analytics through engaging live sessions with renowned trainers and industry professionals.
  3. Participate in a three-day campus immersion session to tour the IIT Roorkee campus. During the campus immersion, you will connect with your peers and learn from IIT academics. You will get the opportunity to go to the Delhi or Noida campus and work on the Capstone Project with the help of expert mentors.supply chain management courses
  4. Tackle tough real-world challenges that necessitate a full understanding of principles, mastery of skills, and comprehension of the business context. With these real-world SCM projects, you can boost your resume and stand out. You will be able to create your own project portfolio and dazzle potential employers. Through rigorous in-class exercises and SCM projects, industry experts teach you crucial job-relevant skills.
  5. Massive volumes of data are generated by supply chains – Big Data, to be more explicit. Prepare to participate in the creation of smarter, more strategic, and tactical global supply chains of the future by merging traditional supply chain methodologies with data-driven judgment.

It is very evident that the demand for a certified supply chain analyst is increasing by the day. In such a situation, certification can give your career the right boost and help you bag your dream job in your desired company. Enrolling in this course can be a game-changer for you!

How to Start a Supply Chain Management Career?

Posted on by Imarticus Learning
Reading Time: 3 minutes

How to Start a Supply Chain Management Career?

A supply chain management career is the best choice for those who are interested in research and logistical development. Students with a basic knowledge of programming and operations management can opt for the certificate course from Imarticus Learning.

This course will prepare students for a career as production planner, purchasing and warehouse manager, logistics resource planner, and maintenance supervisor. There are many more jobs in inventory control, procurement, and logistics administration.

Get a Degree in Supply Chain Management

To start a career in supply chain management, aspirants should opt for an SCM course. Imarticus Learning offers professional certification in supply chain management & analytics.

The certification is provided in collaboration with IIT Roorkee. Live lectures are organized by industry professionals and academicians. Students are encouraged to participate and interact with their peers and instructors.

The supply chain management course from Imarticus Learning requires students to complete projects that are based on real industry issues. These projects help students develop strategic planning skills at operational levels. For students aspiring to become data scientists, supply planners, demand planners, or supply and operations planners, this certificate course is the best choice.

Mentoring sessions are held frequently. These sessions are great for building networks and gaining hands-on experience. The campus immersion program at IIT Roorkee is a great opportunity for students to interact and develop soft skills.

Things to Know Before Starting a Career in Supply Chain Management

A supply chain management career is very rewarding and provides many opportunities. Students who wish to study supply chain management and build a career should keep in mind the following points.

  • Supply chain management is data-centric.

In supply chain management, professionals focus on data-driven decisions. A large volume of data is processed on a daily basis and analyzed to generate actionable insights. The extraction of relevant data needs to be accurate in order to create an efficient supply chain.

  • Supply Chain Management includes more than storage and movement of products.

supply chain management courses in India

The storage of products and movement from supplier to manufacturer, then to wholesaler to retailer, and finally to the consumer.

But the job also includes supply chain planning and monitoring of finances.

The certificate course from Imarticus Learning on supply chain management and analytics will help students learn every aspect.

  • Supply chain managers require soft skills for networking.

Supply chain managers need to collaborate and communicate with clients and other teams. This is why it is essential to have soft skills that include communication, people skills, and social intelligence.

To have a successful career, new professionals in the field should develop connections. Networking is essential to expand the knowledge base. Imarticus Learning helps students develop such skills through interactive sessions and project work with industry experts.

  • The supply chain management industry is competitive.

While there is scope for advancement in supply chain management, the industry is very fast-paced and challenging. The competition is intense and managers need to be able to process the planning and movement of goods quickly and efficiently.

  • The supply chain needs to be environmentally sustainable.

A supply chain manager should focus on creating an efficient supply chain. Such chains can optimize the movement of products which reduces wastage. This makes it more sustainable and environmentally friendly.

The professional certification in supply chain management & analytics from Imarticus Learning is ideal for learning relevant skills. This is a 6-month long program and prepares students for a lucrative career in supply chain management.

A supply chain management course can help candidates start and continue a successful career. Since there are many job opportunities in the industry, certification from a leading institute like Imarticus Learning allows students to create an impressive portfolio and get jobs in their fields of interest.

What industries will hire me with a professional certification in supply chain management?

Posted on by Imarticus Learning
Reading Time: 3 minutes

Supply chain management (SCM) is the process of optimizing the development and flow of a product, from raw material procurement to production, distribution, and delivery to the final client.

SCM involves the integration planning and execution of processes designed to handle the flow of materials, information, and financial capital in operations such as demand planning, sourcing, production, inventory management and storage, transportation (or logistics), and returning excess or faulty goods.

To function, supply chain management requires a combination of corporate strategy, specialized tools, and teamwork. Professional certification in supply chain management can take you a long way.

Supply chain management generates a range of benefits, including increased earnings, a stronger brand image, and a competitive advantage. These are some examples:

  1. Improved ability to forecast and meet customer expectations
  2. Enhanced supply chain visibility, risk mitigation, and prediction accuracy
  3. Fewer process bottlenecks and less product waste
  4. Quality improvements
  5. Increased societal and environmental sustainability
  6. Fewer overhead
  7. Improved cash flow
  8. And better logistics

If you want to pursue a supply chain management career, you must know your job prospects. A Supply chain Management course will come in handy if you want to flourish in this field and bag a job in your desired company.

Supply chain management coursesLet’s check out a list of some giants that greatly need supply chain managers: 

  1. McDonald’s serves roughly 70 million consumers every day. It accomplishes this by coordinating a vast network of suppliers, franchise owners, and service providers.
  2. Walmart is well-known for integrating path-breaking supply chain technologies and for developing novel routes to efficiency. Other companies frequently study Walmart’s supply chain management practices in order to replicate its success.
  3. PepsiCo is the maker of well-known snack and beverage brands. It unveiled broad sustainability goals in 2019 that will drive the firm to reduce emissions and run leaner operations. PepsiCo is focusing more on optimizing its supply chain with enhanced data integration and inventory analytics, including ordering algorithms.
  1. Companies like Apple highly rely on supply chain management hence streamlining inventory management and limiting overstocking.
  2. Starbucks is another giant that depends on the supply chain and functions globally, reducing outsourcing costs and focusing on centralizations.
  3. H&M’s supply chain focuses on intelligence and analytics, seeking to predict potential patterns of consumer behavior both online and in the brand’s physical locations.
  4. Nestle is the world’s largest food processing enterprise. Nestle established a “global coffee alliance” with Starbucks, which will offer the coffee bean sourcing aspect of the supply chain, while Nestle (which paid $7.3 billion for Starbucks licensing) would execute customer-end allocation. They are also moving to blockchain to monitor food journeys.
  5. Nike’s current manufacturing model is primarily reliant on third-party contractors in countries such as Vietnam, and Indonesia. By 2023, 20% of Nike and Adidas shoe production will shift to more automated factories. Given Nike’s existing reliance on offshore factory labor, this transition toward automation may necessitate a significant reorganization of its supply chain organization system.
  6. Intel IT is transitioning the historical supply chain into a new “glass pipeline,” which increases decision-making skills and business agility. This project is concentrated on its Integrated Data Platform, which means that reports that used to take several hours to generate can now be generated in real-time as a result of speedier data access.
  7. Alibaba is another company that depends on supply chain management. In 2020, the company reached a milestone of US$1 trillion and boosted revenue by 35% a year. This growth was witnessed despite the ongoing pandemic.

So, it’s clear that supply chain management is required in several industries. Some of the most important ones are:

  • E-commerce industry
  • IT industry
  • Food manufacturing industry
  • Beverage Industry
  • Fast food industry
  • Retail industry

Conclusion:

There are institutes that provide a Professional certification in supply chain management. You must carefully pick the right one for a successful supply chain management career.

supply chain management courses in India

 

If you want to take up a Supply chain Management course, do not forget to check out what areas are covered by that course and whether it is accepted by companies all around the world.

Some Supply Chain Management Trends that’ll Shape the Sector Sharply in Future!

Posted on by Imarticus Learning
Reading Time: 3 minutes

Supply chain management has become increasingly important with globalization, as companies have found it necessary to learn more about their supply chains to understand which materials are needed for production or distribution.

Supply chain management: Definition

Supply chain management is a process that deals with the flow of materials, goods, and related information between suppliers, manufacturers, distributors, and customers. It incorporates many different aspects which are constantly changing due to technological breakthroughs.

Supply Chain Trends: An Overview

The Supply chain management sector has evolved over the years. SCM professionals increasingly find themselves having to contend with several challenges such as increased competition for resources, new technologies, and changing customer expectations. A survey named “Improve the Supply Chain with Advanced Analytics and AI “by Gartner elaborate how 96% of supply chain leaders use predictive analytics, 85% use prescriptive analytics, and 64% use AI/ML.

Some Trends in SCM:

Artificial intelligence and machine learning

AIML is at the forefront as a solution to supply chain partners. Be it in-demand forecasting, production planning, or predictive maintenance, AIML is turning is a game-changer. It tracks historical shipment data & converts it into a forecast to gauge seasonal fluctuations in demand & make predictions at a store, product, or facility level. Knowing future needs allows businesses to plan production & predictive maintenance better than ever before.

Internet of Things

Devices communicating amongst them make information flow smoothly and efficiently, operating the whole network. Advanced robotics with big data gives organizations a comprehensive & accurate view of the real-time status of supply chain partners, shipments, and networks. With IoT connectivity comes data that allows highly optimized processes.

Continuous monitoring of critical equipment, improved inventory practices, and increased transparency are other benefits of IoT.

Blockchain

A robust supply chain consists of a known & trusted network. Blockchain technology in SCM can counter many related challenges. Entities in the blockchain network can track where the transaction originated from. Be it raw materials, payments to vendors, or copyrights of assets, everything is in a loop. Since deletion of trade within a blockchain is impossible, it adds to the transparency of transactions, ensuring the security of the entire operation.

Advanced analytics

Advanced analytics allows organizations to work with processes in real-time. In-depth analytics let professionals extrapolate data from existing conditions & imagine future scenarios to design more profitable strategies & create an efficient supply chain. The ability to track orders, optimize transportation, & even analyze returns on products & routes make it essential to integrate advanced analytics into SCM platforms.

Custom applications

Most new-age companies need unique solutions to cater to specific requirements of business & inter-departmental needs. Custom applications are personalized that enables management to gain greater power with real-time visibility, flexibility on move, dynamic tracking, increased

collaboration & hands-free operations. By leveraging these technologies, professionals can ensure that businesses survive but thrive in this chaotic environment.

Make a Career in SCM with Imarticus Learning!

supply chain management coursesFuture-proof your career with a supply chain management course from Imarticus Learning. The supply chain certification online course equips students to make data-driven decisions at strategic, operational, and tactical levels.

Due to the shortage of professionals with process and analytics talents in SCM, this program prepares students for high-demand job roles like Demand Planner, Data Scientist, Supply Planner, and Supply and Operations Planner.

Uniquely designed by IIT faculty & industry leaders, this 6-months program prepares you to gain the best from this opportunity.

Contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon & Ahmedabad.