Supply chain management- Understanding Concept
Supply chain management is all about logistics management— as it is all about the production, shipment, and distribution of products from one place to another. Logistics covers every step from inventory to sales, becoming a vital element to any business that makes and sells products.
ecadema, is an interactive online learning platform for professionals, offers trainers for supply chain management courses, developed by top industry experts and applied in large overseas companies for procurement and supply chain professionals to update their knowledge of current supply chain technologies, prepare companies for the implementation of the most recent supply chain systems and implement strategies to transform global supply chains.
Professionals in this field need to ensure that every step is completed on time and within budget. There are several key components of the overall supply chain and logistics process, including:
Investment recovery
Distribution
Inventory control
Logistics
Manufacturing supervision
Materials management
Packaging
Procurement and purchasing
Product and service development
Quality control
Receiving
Strategic sourcing
Transportation and shipping
Warehousing and storage
It is essential for most professionals in the field to have a fundamental understanding of the entire supply chain system and how different positions work together.
Economic global crisis due to the pandemic has pushed more focus on supply chain management. As global crises are troubling the industry, it needs competent, creative, and adaptable professionals who can handle unpredictable circumstances in these gloomy times. The entire operation of logistics ends on delivery and starts on production, which requires professionals to exhibit skills such as project management, risk assessment, workflow optimisation, and even data analytics in some cases.
According to the Association for Supply Chain Management (ASCM), supply chain management jobs record positive salary growth over the course, companies are considering qualified professionals.
So, Supply chain management could be a potential career choice, if one is keen to work in a sector combining logistics, business, and management.
Project risk management workshop at ecadema, helps you to keep yourself up-to-date in key innovations within supply chain management and global logistics, including analytics and advanced technology usage. Attending this workshop will transform your career and make you a much more knowledgeable professional!
Graduate jobs in supply chain management
1)Logistics:
Without logistics, there would be no supply chain industry. Simply, logistics refers to the transportation, storage, and flow of goods within the overall supply chain movement. Logistics is a narrow term whereas supplychain is a broader term as logistics comes under the supply chain processes.
Whether you’re an analyst or playing a managerial role, you are expected to identify hindrances in supply chain processes and take active steps to suggest improvements.
One can thrive in this role, if he/she keeps a big picture mindset to be able to see through the entire operations. Timeline is crucial here, as slight delay can throw product delivery schedules off-course.
2)Purchasing Agent or Manager
If your inclination towards supply chain management business role, then this role seems to be a perfect fit. Manager holds accountable for every purchasing decision related to large quantities of company goods or equipment or equipment needed for transport operations.
Purchase manager requires excellent communication, negotiation skills, and client relations to excel in this field. Communication channels needed to be set-up for contractors, suppliers to prepare purchase orders followed by sending bid proposals to vendors, in addition to securing contracts for hassle-free supply chain processes.
3)Materials Data Analyst:
A Material analyst ensures a smooth flow of goods between supply chain distribution chain, ensuring material inventory is up to date and acquiring sufficient raw materials to maintain according to annual plans.Inventory management, schedules, making sales predictions need to be coupled with the other supply chain management processes.
Big data analytics are gradually altering the landscape of logistics with advancement of statistical methods and are now being implemented industry-wide to improve outcomes in supply chain challenges.
4.)Data Analytics:
Supply chain analytics are also coupled with automation software through artificial intelligence (AI) to better anticipate changes in the production flow and maximize productivity. Employing AI in the supply chain field leads to improved output, while simultaneously reducing costs and eliminates the chances of human error in product delivery.
5.)Supply Chain Engineer
Supply chain management field jobs can never be said to be complete without the mention of engineers. This job role requires knowledge of information technology, and logistics to optimize supply chain operations in a scalable manner to meet customer demand.
Supply chain engineers work in verticals like manufacturing, warehousing, or transporting, assisting in streamline the distribution of goods during the process through well-developed algorithms.
Supply chain risk management workshop, organized by ecadema, develops your capacity to implement new technologies in supply chain, learn the principles of the management systems and their purpose, develop the ability to support and suggest new technologies to improve the efficiency of companies’ supply chains.
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