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

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.

Learn to Assess Risks and Opportunities in Supply Chain Management and Analytics with This Coveted Certification

Every business wants to meet the supplies as per the demand of the end-users. For doing so, a business has to ensure effective SCM (Supply Chain Management). Supply chain management can help a business in knowing about the flow of raw materials and finished goods. In this digital era, businesses need individuals who are familiar with supply chain analytics.

Supply chain analytics can uncover areas of improvement and reduce overhead costs of an organization. Read on to know more about SCM and how to learn it.

 Why is SCM necessary for a business?

Businesses are now realizing the benefit of effective supply chain management. The demand for SCM experts has increased over the years. The pros of SCM in the current scenario are as follows:

  • You can protect your business from market disruptions and production shortages via effective supply chain management.
  • SCM improves your inventory system and reduces errors in day-to-day operations. You can optimize the space for finished goods with SCM.
  • A business can optimize the display of products on sale outlets with SCM. You can decide which product should be highlighted at your physical store with supply chain analytics.
  • You can increase the customer walk-in ratio with better supply chain management. You will have better relationships with suppliers and vendors due to SCM.
  • When fewer errors occur in your day-to-day operations with SCM, you can increase the overall productivity of your business.
  • You can accumulate raw materials and finished goods according to the demand of customers. Oversupply and undersupply issues can be avoided with better SCM.
  • You can uncover all types of overhead costs with SCM. Unwanted overhead costs can be managed when you know about your operational expenses with SCM.

What are the risks in supply chain management?

 Some of the risks associated with supply chain management that should be avoided are as follows:

  • Sometimes, businesses miscalculate the demands of the customer for a product or service. Demand risks can result in oversupply or undersupply.
  • SCM is concerned with managing environmental risks that can delay the delivery of products or raw materials. Political, governmental, and social issues often lead to delay in supply chain processes.
  • Contingency risks are also associated with supply chain processes. Your business should have a backup plan for any supply chain disruptions.
  • Manufacturing risks are also to be addressed by SCM experts in an organization. A small manufacturing error can affect the complete supply chain system.

How to learn supply chain analytics?

More and more businesses are understanding the importance of SCM in cutting losses. There will be a lot of opportunities in the SCM industry in the coming years. You can complete a supply chain management course to futureproof your career.

supply chain management coursesEnthusiasts can go for the Professional Certification in Supply Chain Management & Analytics provided by Imarticus Learning. The pros of the supply chain management online course offered by Imarticus are as follows:

  • Imarticus provides this course in association with IIT Roorkee which, is a leading university in India.
  • You will learn quickly via numerous real-world SCM projects under this course.
  • You will be applicable for a 3-day campus immersion program where you get to interact with peers and faculty of IIT Roorkee.
  • The IIT supply chain management course covers numerous aspects like sales planning, operations planning, supply chain performance, and distribution network.

Conclusion

The recent COVID pandemic has highlighted the need for SCM experts. With supply chain analytics, businesses can avoid market disruptions and economic disturbances. The industry-oriented online course of Imarticus can help in learning SCM industry practices. Start your IIT supply chain management course now!

HOW A SUPPLY CHAIN MANAGEMENT TRAINING IS PROVING HELPFUL DURING 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

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.

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