Supply chain management is one of those fields that have always remained in relevance ever since the first trade route was found. Although in the modern context, its structure and intensity have changed, the meaning continues to prevail in the same form. Today’s business sphere is highly networked with almost every slice is interlinked. Thanks to the emergence of multi-nation organizations, the demand for logistical expertise is on an all-time high. One of the reasons for this boom in the supply chain industry is the enormous competition in the market due to economic liberalization taking place in various countries.

Owing to cut-throat business strifes, companies expect their workforce to deliver quick returns by attracting new customers and retaining their core ones. Managing the highly operationalized field of the supply chain requires one to have multiple skills, some being beyond the field of functional competence.

Whether you are a supply chain manager, looking to enter the field, or working in another industry, a supply chain management course becomes requisite for your CV to make it more market-friendly. Accelerating your professional development, this program aims to hone your expertise in handling multiple tasks at a time. From learning how to develop efficient supply chain strategies to managing sales & operation, you will be able to gain a deeper understanding of various aspects of supply chain management. To let you expand your working horizon, this online SCM course gives an edge to your communication, decision-making, and managerial skills.

6 Key skills you’ll gain from the supply chain management course

These are some of the key skills you will need to excel in the field of supply chain management.

• Analyzing and interpreting market trends and patterns with proper data
• Cost-cutting techniques for bigger business profitability
• Ability to manage multiple/big projects at a time.
• Technical skills to cope up with modern technological advancements
• Understanding the economics and market dynamics
• Adaptability skills to face ups and downs in the market sphere

The course curriculum of the logistics and supply chain management course is extensive and comprehensive. It includes almost all aspects of the field from inventory management to distribution and from purchasing principles to process analysis. Here are some of the key elements of the SCM courses that you will experience:

• Fundamentals of management: Learn about the basic aspects of management, including microeconomics and business strategy. Product design and development, in addition to principles of project management also make up the part of this module
• Supply chain strategy: This subject is all about helping candidates get acquainted with the strategic and structural aspects of supply chain management. This includes various methods to analyze and make plans for the future. You will learn how to process your strategies adequately during the course
• Demand forecasting and data analysis: Weaponize your supply chain strategies with data analytics and forecasting methods. This subject helps you understand demand variability and probability distributions, letting you know the effectiveness of your plans. Since numbers and data are of extreme importance in every aspect of a business, managers need to be updated with various demand forecasting models.
• Supply chain design: Since the field of supply chain is highly dynamic in nature, one needs to develop and design strategies accordingly. Managing and optimizing transportation and networking issues are among the prominent topics discussed in this module
• Supply chain planning: Supply chain is a network of multiple processes, which a manager is expected to design and implement effectively. Some of the key topics covered under the supply chain planning are sales & operations planning, material requirement planning, quality management, operations scheduling & control, etc.
• Inventory and warehouse management: Warehouses play a vital role in the flow and distribution of raw materials and products. This segment intends to help candidates get acquainted with the network of independent demand systems and inventory control. This is an opportunity to learn how to operate warehouses and deal with storage problems
• Supply chain coordination: Managing product availability with limited risks through the concept of safety stock is taught during the course. You will also learn how multi-stage supply chains and the theory of double marginalization work. In addition, our supply chain management courses include the bullwhip effect and coordination management
• Supplier relationship management: Understanding the relationship between supplier and customers is of utmost importance in a business. This is what you will study during the course. You will master the strategy of reading your consumers’ minds and selling the products as per their requirements
• Sustainable supply chains: Acquire the knowledge of triple bottom line and green & collaborative logistics. This helps in making logistics sustainable and future-friendly.
• Transportation and logistics management: Learn how the whole system of logistics and transportation works. From packaging to palletization and from multi-modal strategy to material handling, the course aims to guide you in understanding various features of logistics management
• Supply chain risk management: Since no industry is unaffected by troubles, you need to have some basic traits of an effective risk handler. The online course is dedicated to making you an expert in risk mitigation strategies
• Operation strategy: Companies are constantly hunting for people who understand their businesses and operational models. This course is designed for those professionals who are looking to go deeper into the concept of operations management and logistics interface
• Technological innovations in supply chain management: Become competent in using the latest technological advancements to make the supply chain more effective and efficient. Learn the role of Information & Technology in supply chain management and e-commerce from some of the best industry specialists in the country
• Legal aspects: A supply chain manager is expected to have at least some basic knowledge of the laws and regulations regarding the field. This module talks about such government rules you need to follow while dealing with the flow of goods and services. The courses also deal with the legal framework of businesses such as local laws, GST, etc.

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