Global supply chains are created by firms to reduce costs. Lower production costs are taken advantage of by the companies to free capital from non-essential activities and establish large-scale efficiencies.
Logistics Supply Chain Management involves planning, implementation and controlling the flow and storage of services, goods and related information between the points of origin and consumption to finally achieve the requirements of the customers,
Certification Courses in Supply Chain Management
Business Managers who have certified supply chain management courses under their belt can drive the manufacturing and retail industries globally. This management course provides knowledge in planning, procurement, Logistics Analytics, Manufacturing, Visualization reporting, and Sales Operations.
XLRI supply chain management course is meant for middle-level managers who are seeking to acquire hands-on skills and expertise in an ever-increasing digitized environment. This course gives an in-depth understanding to experienced executives on the multiple facets of the supply chain and their mutual dependencies,
How the Global Supply Chain Management Works?
- Global Supply chains assist to facilitate entry into new markets, promote business growth and supplies firms with access to the latest technologies through collaboration with foreign firms.
- Global Supply chain management determines the method of planning as to how the entire supply chain will operate as an integrated whole, to generate high levels of customer service within lower cost parameters.
- Business managers who have complete certified supply chain management course aim to enhance the speed by which the product is delivered to the customer as well as flexibility in handling customer transactions.
- Global SCM works on sound management processes that integrate the supplier networks, warehouses, manufacturing, and retail outlets.
How Does Logistics Supply Chain Management Work?
- Logistics is an integral constituent of supply chain management. Logistics arranges the complex traffic patterns and transportation, import & export operation, inventory management as well as customer service.
- Logistics Supply chain management is viewed as a critical blueprint that is used to manage, monitor and coordinate resources so that products are moved in a timely, smooth, reliable and cost-effective manner.
- Logistics in SCM helps to enhance efficiency and drastically reduce costs. XLRI supply chain management course provides the necessary system theory learning and practical experience to manage logistics and increase organizational productivity by leaps and bounds.
Relationship Between Global SCM and Logistics SCM
Logistics SCM is just one constituent of a Global SCM. Logistics deals with the movement and coordination of goods. Global SCM deals with the entirety of the flow that brings a service or product to sale.
Logistics SCM comprises of storage and distribution whereas Global SCM handles supplementary components such as schedules, inventory control, procurement and also entering into partnerships with strategic enablers,
Final Thoughts
Global SCM and Logistics are essential for providing optimal customer experience and to guarantee your organization’s superiority over the competition. However, the issues and problems within the fields of Global SCM and Logistics SCM are consistently complex and require clear analysis and reasoning that cannot be resolved by technical competencies alone but also require managerial expertise.
More Information:
How to become a Supply Chain Manager?
Best High-Paying Jobs In Supply Chain Management
7 Must-Have Skills to Become a Thriving Supply Chain Manager
IIT DELHI Certificate Programme In Operations Management And Analytics
What are the Career Opportunities in Operations and Supply Chain Management?