Logistics and Supply Chain Management is one important system that is found in all organisations. This system plays a major role in increasing total value of customer satisfaction, which is achieved by optimization of labor and the introduction of automation in the system.
This course is devised to master and control an organization’s logistics system like an expert.
Learn methods that are used for supply chain, forecasting demand, and structuring your entire supply chain and logistics system.
➤ SCM fundamentals and post-covid trends
➤ Inventory planning and control, JIT, VMI
➤ Purchasing fundamentals
➤ Warehouse management and logistics
➤ Transportation planning
➤ Demand forecasting methods
➤ Material management-Planning and distribution
➤ Blockchain in SCM, ML and Big Data in SCM
course for you?
Course is best suited for:
➤ The below mentioned professionals can enroll for this course
➤ Supply chain & logistics practitioners and beginners looking to learn and improve their skills.
➤ Supply chain managers looking to structure their logistics management system.
➤ Managers in Manufacturing/service/e-commerce industry
➤ Any professional who wishes to move to the supply chain role
➤ Engineers in Buying/ Purchasing
➤ Logistics/Sourcing Lead
People with 3+ industry experience in manufacturing or service industry is preferable for enrolling in this course.
Introduction-Understanding Logistics and Supply Chain Management
- Demand Management
- Forecasting Methods, capacity planning, customer order process, forecasting errors, material management planning
- Stock Function
- Material Management & Transportation
- Material Requirements Planning (MRP)
- Distribution Requirement Planning
- Kanban Cards
- Lot Size (Economic Order Quantity, EOQ)
- Safety stock
Distribution and route planning
- Consolidation techniques
- Load factor
- Route planning. -Sweep and savings method
- Network optimization model
- Terminal Management
- Tracking & Tracing
- Transportation (Pricing)
Procurement and collaboration
- Procurement Process
- Types of procurement
- Procurement of Materials (Financial Considerations)
- Suppliers Evaluation Criteria
- The flip side of supply chain – Negative effects
- Collaboration Concept
- Resource Utilization
- Product Supply Chain Strategies
Commonly Asked Questions
What kinds of jobs are available for SCM graduates?
SCM professionals would be ready to join at entry-level positions in purchasing or logistics such as purchasing analyst, inventory control, or traffic analyst with a career track to the vice president of procurement, operations, or logistics. A wide range of job opportunities in public and private, manufacturing, service, health care, retail, etc. awaits a recruit SCM graduates. Starting salaries range from $23,500 – $58,500, with an average of about $39,500.
These are a few typical job titles that a Supply Chain Manager can look to fit into
Planner or Analyst, Inventory Specialist, Materials Planner, Materials Analyst, Transportation Coordinator, Traffic Analyst, Production Coordinator, Scheduler, Operations Planner/ Analyst.
What does a career path in SCM look like?
There are no fixed standards or paths for SCM professionals. You can make it as unique as your style, experience, skill set etc. one thing is sure that it involves variety and creativity, and you will gain experience in varied fields of the organization.
What is the key to a successful career in SCM?
These are some qualities that one should possess to see growth in her/his career
- Building transferable skills that will serve you well in multiple positions
- Learning to be a strong decision-maker and accountable for your actions
- Being a team player and a good colleague
- Have some fun in the process and enjoy the work you do.
What skills do I need to build in preparation for a supply chain career?
A 2007 survey of supply chain employers was conducted by Auburn University and Central Michigan University. The study results suggest cognitive abilities (e.g., ability to prioritize, plan, organize, and learn quickly), communication skills, and other interpersonal issues were among the most important factors considered by employers when hiring supply chain graduates.
Is an internship important?
Yes, an internship is very important. An internship is good for you and your future employers. One of the best ways to confirm that you have selected an appropriate career path is to work for a company that will provide you hands-on experience in logistics, transportation, and/or supply chain management.
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