Prepare for global certifications in Supply Chain

Why is supply chain management important?

Effective supply chain management systems minimize cost, waste and time in the production cycle. The industry standard has become a just-in-time supply chain where retail sales automatically signal replenishment orders to manufacturers. Retail shelves can then be restocked almost as quickly as product is sold. One way to further improve on this process is to analyze the data from supply chain partners to see where further improvements can be made.

Key features of effective supply chain management

• Connected: Being able to access unstructured data from social media, structured data from the Internet of Things (IoT) and more traditional data sets available through traditional ERP and B2B integration tools.
• Collaborative: Improving collaboration with suppliers increasingly means the use of cloud-based commerce networks to enable multi-enterprise collaboration and engagement.
• Cyber-aware: The supply chain must harden its systems and protect them from cyber-intrusions and hacks, which should be an enterprise-wide concern.
• Cognitively enabled: The AI platform becomes the modern supply chain’s control tower by collating, coordinating and conducting decisions and actions across the chain. Most of the supply chain is automated and self-learning.
• Comprehensive: Analytics capabilities must be scaled with data in real time. Insights will be comprehensive and fast. Latency is unacceptable in the supply chain of the future.

Job prospects in Supply Chain Management

Companies today are developing global operational networks to meet the challenges and take advantage of the opportunities presented by economic globalization. Purchasing, production, and distribution activities are all taking place in various parts of the world. These companies need professionals with your expertise in the field of logistics and operations management. And the number of jobs in this field only increases.

After graduation, you are ready for a career as a manager of, specialist in, or consultant on the various supply chain processes (production/ operations, purchasing, distribution, coordination/ integration). You may find a job manufacturing or service organizations apart from e-commerce sectors, which is growing exponentially