Supply Chain Management
There has been a lot of confusion in defining what SCM is. After much discussion and experience, the Council of Supply Chain Management Professionals (CSCMP) has attempted to provide a rather inclusive definition. “Supply Chain Management is an integrating function with primary responsibility for linking major business functions and business process within and across companies into a cohesive and high performing business model. It includes all the Logistics Management activities “that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information from the point of origin to point of consumption in order to meet consumers’ requirements” as well as manufacturing operations, and it drives coordination of processes and activities with and across marketing, sales, product design, finance and information technology.”
We rely on a more cogent definition “Supply chains are complex systems involving multiple businesses and organizations with different goals and objectives. Logistics management is a process of integrating the maintenance and movement of goods and management and coordination of the supply chain activities. Logistics management works with a single organization while supply chain management is involved with multiple organizations.”
In recent years, advances in Digital Technology are radically impacting global supply chains transforming how businesses manage their own organizational and Supply Chain structures. The Digital Supply Chain basically defines a supply system whose foundation is built on web enabled capabilities. In essence, digital supply chains aim to minimize waste and bring greater profits through increased efficiency. Tony Hines was the first to coin this term in 2001 to explain a transformation from analogue supply chains to the digital supply chain. This conception explained that digital supply chains were configured to distribute goods or services that had previously been supplied in physical form. The digitalization of hitherto physical form removed time, distance and cost from the supply chain and information replaced inventory by designing digital supply chains.
These technologies include predictive analytics to optimize inventory allocation and forecast demand. Automated replenishment solutions, Robotics to speed up assembly or picking products and materials.
This course will provide a solid understanding of what a supply chain is all about.
An introduction to Supply Chain – Leverages graphics to promote the Integrated Supply Chain model – Emphasizes understanding the Extended Supply Chain – Presents a holistic approach – Incorporating People, Process, and Technology – Calls-out industry-specific supply chain – Leverages discussions, videos, quizzes, and questions for consideration – Provides awareness of career path opportunities – Presents emerging and futuristic trends in supply chain including discussion of emerging and futuristic trends in supply chain.
This SCM course is specifically designed to help you get a strong footing on the core principles of the supply chain. Some of the interesting topics include a holistic approach to incorporate and lead people, process and technology, understanding the futuristic trends, promotion of industry-specific techniques and much more.
- Translate the company strategy into a clear decision-making framework.
- Recognize the key questions regarding the design and management of a supply chain.
- Identify the possible challenges and work on their solutions alongside their strengths and weaknesses.
- The lessons are divided into appropriate section which makes it easier to understand for the new learners.
- 24X7 The instructor support who also provides advice and tips to make optimal choices and efficient decisions.
- Our course in Digital Supply Chain Management will help you understand the digital impact on processes, Identify organizational vulnerabilities to disruption and leverage new technological solutions to business integration.
- Digital Supply Chain Management program is conducted by the MADE CENTER OF EXCELLENCE IN DIGITAL SUPPLY CHAIN MANAGEMENT
- A team of top industry experts and faculty from the MADE-CoE will present a new business model for Supply Chain in a Digitized Network.
- Through case studies, interactive sessions, and class exercises, participants will learn about the latest research, future trends and best practices in the industry.
For those who manage critical, multi-step stages of operations, it can be overwhelming to keep pace with changes that are happening to every link in the supply chain while continuing to create value for the company. Primary goal of this course is provide a holistic perspective of logistics & S C M. Participants get the big picture of supply chain issues using MADE FRAMEWORK of what “Supply chain objectives” means. This overview of strategic “Supply chain decision” ensures you remain in control of your business process. The participants get deep understanding of the business Strategy and the Business target Market segment – attributes Financial objectives Company value.
What you will learn
To apply core methodologies (probability, statistics, optimization)
used in supply chain modeling and analysis
To understand and use fundamental models to make trade-offs
between forecasting, inventory, and transportation
To design supply chain networks as well as financial and
To understand how supply chains act as systems and interact
How technology is used within supply chains from fundamentals to
packaged software systems
End to end supply chain management
Learn how to better manage the critical roles of business operational components,
including logistics, procurement, inventory and vendor management
Gain new ways of managing, integrating and analyzing the comprehensive inputs into the chain
Learn from industry experts who are fluent in the modern tools of supply chain processes
and will focus on real-world application
- Modernize your process by employing a holistic strategy. Learn how to map across process ecosystems for better prediction of disruption, and implement solutions that can avert impact on production.
- Elevate your contributions across the organization with clear articulation of the critical impact of efficient operational processes, including increase in revenue, improved customer experience and greater visibility.
- Communicate to stakeholders the complexity and commercial impact of successful supply chain management, the ROI of mastering digital flow, and the bottom-line impact of sustainable business
Who Should Take This Program
- Fresh graduates looking to make career in Supply Chain Management
- B. Com, B B A, B B M graduates who wish to explore career opportunity in Supply chain
- General management professionals looking to shift their career
- Commerce graduates who wish to get into advanced career path
- Graduates with skills in mathematics, statistics
FUNDAMENTALS OF SUPPLY CHAIN MANAGEMENT
Learn fundamental concepts for logistics and supply chain management from both analytical and practical perspectives
- Concepts and Views of Supply Chain Management
- Drivers of Performance
- Efficiency and Responsiveness of SCM
- Strategic Fit
SUPPLY CHAIN ANALYTICS
- Descriptive Statistics
- Statistical Distributions
- Linear Programming
- Transportation Problems
- Assignment Problems
- Demand Analysis and Forecasting
(Basic tools of forecasting like Times Series, Regression etc)
PRODUCTION, OPERATIONS AND PROJECT MANAGEMENT
- Fundamentals of Production and Operations Management
- Interface areas with Logistics and Supply chain Areas
- Principles of Project Management
- PERT/CPM etc
PURCHASING AND SUPPLY MANAGEMENT
- Concepts and Leverage Principle of Purchasing
- Procurement and Purchasing Principles
- Negotiation and Contracting
- Project Buying etc
- Notions of Transportation Decisions
- Tradeoffs in Selecting Modes
- Consolidation and Cross docking
- Network Analysis
- Routing and Scheduling
- Cost Modeling
- Transport Contracting and 3PL
STRATEGIC PLANNING & DESIGN OF SUPPLY CHAIN
- SUPPLY CHAIN DESIGN
Learn how to design and optimize the physical, financial, and information flows of a supply chain to enhance business performance
- SUPPLY CHAIN DYNAMICS
Learn how to manage and harness the dynamics and interactions between firms and entities within a supply chain
SUPPLY CHAIN TECHNOLOGY & SYSTEMS
- Learn how technology is used in supply chain systems from fundamental concepts to innovative applications
- Logistics and supply chain structures can be found in virtually any system
- Role of IT in SCM
- IT-enabled SCM
- Latest Developments like Blockchain, IoT etc.
STORAGE & INVENTORY MANAGEMENT
- Concept of Inventory Costs & Trade-off Decisions
- Inventory Models
- JIT and Multi-echelon inventory
- Service Levels
- Basic Role of Warehousing in SCM
- Locational Considerations
- Space Management
- Warehouse Operations and Performance
LEGAL ASPECTS IN SUPPLY CHAIN MANAGEMENT
- Legal Aspects of Movement of Goods
- Legal Framework of Business
- GST etc.
Instructor led intensive S C M design practice
What Makes LOGISTICS & SUPPLY CHAIN MANAGEMENT course at MADE ACADEMY important?
- Focus on practical Implementation of digital technologies
- Hands on learning how to design S C M system
- This digital oriented course will teach you to measure business value
- You become adept at making informed and smart decision for your company
- This course will help you gain detailed insight via business visualisation
- You learn to take the responsibility of putting off your company ahead in the competition
- This course in Logistics & S C M will helps you maintaining your competitive edge in career planning
Career Prospects & Job Profiles
With the e-commerce and retail business boom the demand for S C M Professionals has skyrocketed. In any industry goods need to be procured, stored and dispatched. Efficient and effective management of all these business functions is critical in the current business world. There are lectures that provide career path opportunities and helps you to decide the suitable option for yourself.
By the end of the classes, you will have a solid understanding of the fundamental skills, trends and job options.
POST COMPLETION SUPPORT:
MADE will provide following support services for our participants
- 100% Guaranteed Placement: We will ensure your placement in MNC’s, Mid & Small Size Companies or Ecommerce portals
- Resume Support: Resume makes the first impression. At MADE ACADEMY you can curate a customized resume with the support of experts to make your first impression the best one
- Interview Questions: Team of experts shall equip you with a set of probable interview questions and answers to face the interviews confidently
- Mock Interviews: As part of Action Learning our experts will help you to increase your placement success by practicing numerous mock interview sessions
- Job Updates: MADE career planning team shall post all latest job updates
- Help in setting up your own business
- Minimum 50% in GRADUATE DEGREE B E, B. Tech.
- Other degree with 50% marks with maths, statistics, economics and knowledge of computer basics.
- Work experience of 1-2 years preferred.
Earn a Certificate of Post Graduate Diploma in Supply Chain Management from the MANAGEMENT ACADEMY FOR
DIGITAL ECONOMY IN INDIA endorsed by the industry and Govt agency.