Career in Supply Chain Management
An Insight to Supply Chain Management “A hardware unit manufactured in USA can easily be bought in Bangladesh few days after its release.” - This statement reflects nothing unique in it. But isn’t it considerable that how the units being manufactured in plants somewhere in different nation, are available at retail store somewhere in another nation? Of course, it makes us conclude about a complex process involved to make it possible. In standard words, this complex process is called Supply Chain and managing this chain at every stage is supply chain management.
The Course of Supply Chain Management During this course, a project is planned carefully with concentration on all the ins and outs. Budget, raw material and human power required are decided during planning itself. Maintaining relationship with suppliers of raw material plays a critical role during entire cycle.¡ Developing prototype and then actual product make supply chain a long term and complex process. Before delivery, it is essential to test product substantially. Moreover, once products are dispatched to agency, defective products can be returned. All the above processes come under supply chain.
Types of Activities in Supply Chain Management There are three types of activities involved in supply chain management: strategic, tactical and operational. Implementing Information Technology in the business and maintaining healthy relations with customers come under strategic activities¡ Learning competition, analyzing risk and taking an action aptly fall under tactical type activities¡ Administration of production schedules and managing assets regularly signify operational activities
Aim of Supply Chain Management Supply chain management aims to: Build a competitive infrastructure· Generate net value· Balancing demand and supply chart· Evaluating performance ratio at global level
Roles of Supply Chain Management Professionals An expert of Supply chain management focuses on strong networking, inventory management, distribution strategy and information flow within or outside an organization.
Scope of Supply Chain Management Every company wants an appropriate way to distribute its commodities effectively. Therefore, companies are always inquisitive to hire a skillful employee. They are always in a search of supply chain manager who could make the best of his potential.
Supply Chain Management Requisites Seeing the rapid increment in the demand of supply chain managers many institutes offer courses in this particular domain to fill the dearth of skilled managers. Any graduate student can pursue post graduate course in Supply Chain Management. Even diploma holders may also apply. There are diploma and certification courses also for interested candidates. A fresher can start his career being on the profile of Commodity Buyer, supplier manager, purchasing executives, material manager, implementation manager, supply planner, procurement officer, inventory manager etc.
Supply Chain Management Institutes in India Institutes that provide courses in supply chain management are: Indian Institute of Materials Management - Navi Mumbai· Indian Institute of Management (IIMs)· Supply Chain Management Institute (Mumbai)· CII Institute of Logistics (CIL) - Chennai· National Institute of Retail Management - Bangalore· Centre for Supply Chain Management - Gurgaon· Indian Institute of Materials Management - Hyderabad
Supply Chain Management Institutes Globally Few international institutes offering this course are: University Of Glamorgan· UK University of Bolton, UK· University of Southern Queensland, Australia· University of North Texas, USA
Salary Package for Supply Chain Management Professionals The packages received may vary as per your skills and knowledge¡ Even experienced candidates are fetching 8 to 15 lac p.a.
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