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Supply Chain Management (SCM) is the management of the transportation of goods, data, and finances associated with a product or service – from raw material purchase to final product delivery.
Supply Chain Management (SCM) covers all of the actions required to get the appropriate product into the hands of the right consumer in the right quantity and at the right time. The main areas of concentration for SCM are planning and forecasting, purchasing, product assembly, transportation, storage, distribution, sales, and customer service.
Supply chain courses are intended for graduates and professionals who want to stand out and establish a name for themselves in this field. The curriculum strongly focuses on an effective supply chain’s theoretical and practical operation. Its goal is to develop qualified and self-driven individuals who can meet the difficulties of this dynamic field and help the business improve its operational efficiencies.
If you are wondering, is supply chain management a good career? Then there are a few reasons that You must know before applying for a supply chain management course:
The course is in high demand because modern SCM systems are digitally based and incorporate material handling and software for all parties engaged in the creation of goods and services, order fulfilment, and information tracking, including suppliers, manufacturers, wholesalers, carriers, and retailers.
Additionally, The current global business environment is characterised by intense competition and intelligent customers who need quick and inventive solutions. Success hinges on an understanding of and ability to optimise company processes, which explains why supply chain specialists are in high demand.
Professionals in supply chain management work in a wide range of enterprises, including manufacturers, merchants, transportation companies, third-party logistics firms, government agencies, and service corporations. Companies from various industries and sectors of the economy hire graduates of SCM.
One could work in a variety of fields as a supply chain professional, including purchasing, logistics, new product development, international sourcing and procurement, quality management, inventory control or traffic analysis, operations, and supplier relationship management.
What exactly are supply chain management and logistics? Students who complete Supply Chain courses will be highly qualified, knowledgeable, ethical, and responsible logisticians and Supply Chain Management specialists.
In a logistics and supply chain management course, the forward and backward flow of services and goods from one location to another is managed, planned, and coordinated. It assists the learner in gaining a thorough understanding of how products and services are moved throughout a business in a chain style.
Managers, logistic coordinators, business managers, and commercial managers are some of the jobs that the student may be placed in.
Find the logistics and supply chain management course details –
READ MORE: Job opportunities for an supply chain management graduate
Different courses in supply chain management
Following are the varied courses in SCM –
This postgraduate certificate programme in logistics and supply chain management aims to provide you with the abilities you’ll need in this dynamic field. The curriculum helps you excel in your job by giving a theoretical and practical grasp of supply chain operations. The programme lasts 12 months and is broken up into two semesters, each lasting six months.
BBA in Supply Chain Management is a three-year full-time undergraduate course that requires a Senior Secondary Certificate (10+2) qualification with a minimum aggregate score of 50% from a recognised educational Board in any stream.
The programme lasts three years and is broken up into six semesters, each lasting six months.
It is a certification programme. The candidates can pursue this programme in either a regular mode or a weekend programme with a 3, 5, or 11-month duration. Candidates receive introductory training to help them understand supply chain management fundamentals. It is ideal for students looking for short-term supply chain management courses.
Following are the eligibility criteria for PGCP in Logistics & Supply Chain programme at Online Manipal –
Program fee differs from institution to institution. The course Fee structure of PGCP at Online Manipal is INR 90,000 all-inclusive, INR 45,000 each semester, along with a non-refundable application fee of 1500 INR.
Supply chain management subjects that are mostly covered by various institutions are:
This subject provides an overview of the key processes, concepts, and methodologies of supply chain management. It emphasises the study of the impact that the supply chain management framework has on business and the economy.
This subject provides an overview of Supply chain management or SCM, which is the process of directing how goods and services go from the production of an idea and raw materials to the final consumer product.
Operations management is the study of producing goods and services effectively in order to meet the demands of certain consumer groups. The subject covers analytical reasoning, problem resolution, and continuous improvement. This subject gives an overview of managing operations in today’s changing business and industry environments.
Followings are the elective subjects from which you can choose –
By the end of the course, you will develop a full knowledge and the technical and soft skills required to enhance your career as a supply chain manager.
Here are a few mentioned skills & qualities that you will acquire by the end of the course:
Supply chain management professionals learn about the industrial sector. During the course, they study the latest innovations in order to stay current on new technologies, trends, and logistical tasks. You can boost your productivity and expand your work options in logistics by learning as much as you can about the industry.
Teamwork is a crucial component of every supply chain management system, as each position in these processes complements the others. The course will help you develop Interpersonal qualities such as patience, empathy, and active listening.
Additionally, it will help you effectively convey your ideas to superiors and create teamwork among your colleagues.
Unexpected changes in logistics operations occur daily. Getting skilled in supply chain logistics can help people understand how to evaluate them, establish resolutions, and promptly apply them.
Moreover, people in the logistics industry utilise analytical abilities to plan shipments, manage inventory, and respond to customer complaints. They frequently draw on their experiences to create new plans of action that will help them avoid similar problems in the future.
As a supply chain manager, you must know the instruments that help streamline and optimise the processes. Therefore, supply chain management courses help you understand software like warehouse management and enterprise resource planning (ERP) systems.
Supply chain management requires you to be familiar with enterprise software programmes like TMS, WMS, and ERP. They also develop an understanding of how to use business intelligence software.
The job of a supply chain manager includes overseeing the mechanism of the flow of goods. As a result, there are a lot of decisions that are made by a supply chain manager in day-to-day activities. They also develop the ability to improve plans and layout whenever they spot any complications in the flow of goods.
ALSO READ: Supply Chain Management and Operations Management go hand in hand
If you want clarity on what jobs in supply chain management, we have covered a list of job positions that you could be hired for!
The role of a Purchasing manager is to monitor the purchasing officers and other parties involved in the acquisition of various materials, goods, and services. Additionally, the job includes planning and guiding the actions of the buyers. They frequently represent businesses during contract negotiations and policy development with various vendors. The average annual salary of a purchasing manager starts from Rs. 3L – 4L annually.
Logistics managers organise and supervise an organisation’s purchasing, warehousing, distribution, forecasting, customer service, and planning operations in the supply chain process. They oversee the people, equipment, and procedures involved in an organisation’s everyday logistical operations.
In order to maximise production and efficiency, you work with other departments as a logistics manager to connect logistics with corporate systems or processes. The average annual salary of a purchasing manager starts from Rs. 2L – 3L annually.
Supply chain managers manage costs and enhance accuracy while delivering customer service and security by directing and coordinating the supply chain processes. Moreover, they oversee projects and quotas to track changes and their effects on current supply chain management.The average annual salary of a purchasing manager starts from Rs. 6L – 7L annually.
The procurement manager is responsible for sourcing items and services for a company. They develop a purchasing plan that considers the firm budget and required goods, after which they search for suitable vendors. The average annual salary of a purchasing manager starts from Rs. 4.5L – 12L annually.
Therefore, there are ample job roles that you can take after the completion of this course. Let us look at the top recruiters hiring people from a supply chain management course.
Top recruiters in Supply chain management courses are:
Yes, you can pursue a course in supply chain management through various online education platforms.
For the best PGDCP in logistics and supply management, you can choose supply chain management graduate programmes online from Manipal Academy of Higher Education (MAHE) with Online Manipal. It offers a post-graduation in logistic and supply management, and the course is fully online, and it is a 12-month program. It also provides subject learning on supply management along with practical knowledge.
With a plethora of course providers available in the market, it can be overwhelming to identify the one that best suits your requirements. Besides, it is also critical to go with a reputed institute in order to ensure that your certificate holds value across geographies. Manipal Academy of Higher Education (MAHE) provides top-notch instruction in a variety of fields. One of India’s top academic and research institutions and a university with a NAAC A++ rating, MAHE is a trusted choice for the youth to start their careers.
Online Manipal with MAHE, offers the best supply chain management certification programmes, i.e. PGCP in Logistics & Supply Chain Management, with the world’s leading technology-aided teaching through online platforms. It covers a curriculum of supply chain management that utilises projects and modules that are industry-focused to get practical insights. Additionally, it provides you with a platform to interact with mentors and teachers to grasp the opportunities and problems unique to your sector.
It is one of the best logistics and supply chain management courses in India. You can attend lectures and discussions that are live or recorded according to your schedule. Access study materials on a cutting-edge digital platform that you can use on your phone, laptop, or desktop, even if your internet connection has low bandwidth.
In order to be eligible for the course, the candidate requires 50% of marks secured through any recognised university by the Association of Indian Universities
There has been a drastic increase in demand for supply change management as a career. To sum up, supply chain managers can be hired in a variety of industries. There are so many types of courses for supply chain management, and there are a lot of institutions offering this course.
Moreover, according to the reports, this job position will witness approximately 4.8% growth, so this is the right career choice. Therefore, the chances of growth and job prospects are high to build your career as a supply chain manager. Additionally, there are so many job roles and areas for a person to pursue his area of interest after having a degree in supply chain management.
Online Manipal offers one of the best supply chain management courses to pursue your career in Supply chain management. It is the right choice as it provides an online interactive platform with a curriculum that makes you skilled to compete worldwide in this field.
Key takeaways:
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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