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Supply chain management is the coordination and amalgamation of numerous activities in producing, distributing, and delivering goods or services from raw materials to final products. Employees working in supply chain management improve how the company maximizes productivity, sustains production, and grows in the competitive market, satisfying customer experiences.
Effective supply chain management is necessary for every business because supply chains can break down and delay production when not managed properly. This causes internal stress and loss of revenue in the company.
As the complexity of the global supply chains has been expanding in recent years, there has been a high demand for supply chain consultants. The COVID-19 pandemic exposed several complexities and vulnerabilities in supply chains. Resultantly, companies are now looking for consultants to redesign and strengthen their supply chain strategies. With the advancement of technology like AI and data analytics, companies leverage these tools to improve operations. Keep reading to know the roles and salaries of SCM consultants.
A supply chain consultant is an expert providing guidance and expertise in improving supply chain efficiency and effectiveness. These experts analyze the existing supply chain processes, mark areas of improvement, and explore strategies to enhance the company’s performance. The responsibilities of a supply chain consultant encompass numerous responsibilities and require a detailed understanding of supply chain principles and practices.
Effective supply chain management is essential for every business company to achieve operational excellence and gain a competitive edge. Here’s why effective supply chain management is important for businesses:
Below are some of the skills required for a supply chain consultant:
To ensure smooth and efficient operations, different companies rely on the expertise of supply chain consultants. Let’s discuss their roles in supply chain management:
If you are considering a lucrative career in the supply chain sector, below are the insights into the career prospects for supply chain consultants and growth prospects:
Supply Chain Consultant roles in the Supply Chain Sector
Source
Given below is the chart of different roles in the sector along with supply chain consultant salary in India:
Supply chain management can be greatly benefited by the use of latest technologies. Following are some ways in which technology improves the functioning of supply chain:
Artificial Intelligence
A business can make its supply chain more efficient by harnessing the power of AI to better manage its inventory, forecast demand, optimize transportation, automate warehouse operations, and provide better customer service. Tracking the movement of goods and shipments across the world have become easier due to the application of AI and automation at every stage of the supply chain.
Benefits of Automation
Software Tools
Manipal Academy of Higher Education (MAHE) offers PGCP in Logistics & Supply Chain Management (SCM), which helps working professionals gather knowledge and skills in the dynamic field of supply chain management. MAHE’s curriculum includes supply chain strategy, procurement management, inventory optimization, transportation planning, etc.
MAHE is the best choice for becoming a supply chain expert because of its strong reputation for academic excellence and expertise. The institution has highly experienced professionals with a detailed understanding of the intricacies of supply chain management. We provide practical insights on software tools and guidance to students, ensuring they are well-prepared to tackle real-world challenges.
Moreover, we have strong industry connections and collaborations, providing students with ample opportunities for internships and placements in leading companies. They are offered various roles like supply chain manager, demand planner, purchasing manager, transportation analyst, etc. The PGCP course is around INR 1,00,000 for 12 months (two semesters).
In conclusion, studying supply chain management from Online Manipal offers a unique and valuable opportunity for all aspiring professionals. Graduates from MAHE are well-prepared to tackle the challenges and seize the opportunity within the dynamic field with a focus on innovation, technology, and sustainability. So, are you ready to step into the world of supply chain management? Enroll in the course today and advance your career to the path of professional development.
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.
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