Considering the necessary skill-sets employers demand, AIMS designed the Certified Supply Chain Expert (CSCE) program. This supply chain management certification focuses on problem-solving abilities, and it links the theory to real-world applications.
With the help of today’s technology, it is very easy to create a supply chain or logistics business, without even leaving the comfort of your home. SCM business may provide additional income to your monthly budget, but, with a bit of care and dedication …..
Supply chain management diploma is designed by leading supply chain experts, who are fully aware of latest market trends. Its curriculum includes all the key areas of other well-known certifications.
Certified Supply Chain Expert (CSCE) focuses on problem-solving abilities, and it links theory to real-world applications. This supply chain management certification is recognised globally, delivered 100% online, and it comprises three logistics and supply chain management courses.
What is Lean Supply Chain Management:
While the standards of typical supply chain management are known to most business owners, a new wave of lean supply chain management is becoming more popular for a variety of reasons.
Lean Supply Chain Definition:
Understanding lean supply chain definition starts with what effective supply chain management hopes to accomplish. In general, what is lean supply chain starts with operating on the same principles of efficiency, but emphasizes overall quality. This means a reduction of defective goods to zero, lowering waste, and increasing efficiency as a result.
The idea behind lean supply chain management is to emphasize a lower number of returns by customers so that every product that is sold is kept. By reducing quality control issues and having to handle customers with their returns, lean supply chain management reduces overall expenses.
Characteristics of Lean Supply Chain:
The characteristics of lean supply chain management start with the products themselves. An examination of why defects occur, and improving overall standards so that all goods are free of defects. While defects will occur even in environments that emphasize high quality control standards, their numbers can be significantly reduced which in turn benefits the rest of the company.
The lean supply chain examples mostly come from defective products that has slipped through, such as recalled vehicles. When a vehicle is recalled by an auto manufacturing firm, the costs associated with repairing the issue can be considerable. This means creating new parts and paying for the labor associated with the repair, not to mention the inconvenience caused to the customer.
Lean vs Agile Supply Chain:
Lean vs agile supply chain is really the difference in emphasis. Agile supply chain management focuses on the changing environment of business while lean supply chain is focused on quality control.
Advantages of Lean Supply Chain Management:
There are solid advantages to lean supply chain management practices. This is especially true for companies that produce manufactured goods.
Better Manufacturing Techniques:
The emphasis on quality control not only means creating better products, but better means of creating products. This means that the innovation focuses on improving the manufacturing process to eliminate mistakes.
Lower Administrative Costs:
The costs associated in dealing with returns can be considerable even when the number of items is relatively low. By reducing the number of defective goods, you reduce the associated administrative cost of working with customers, replacing the item, and sending a new one back to them.
By manufacturing goods that are tough, durable, and are less prone to defects, you increase the status of your company. This can be a powerful advertising tool that promote the company brand by word of mouth which is the most powerful form of advertising.
Lean Supply Chain Examples:
In the end lean supply chain management emphasizes quality of product, effective bill of materials, improving equipment, and working towards creating a better, stronger, item that results in fewer defects. For companies that have taken this approach, especially with products that may be complex or have a difficult manufacturing process, the results have been considerable in terms of overall savings and creating a more efficient manufacturing system.
Online MBA Supply Chain Management degree program offered by AIMS is globally recognised program, which is ideally designed for busy professionals. Participants of Masters in Supply Chain Management program develop expertise and skills in key areas of SCM and logistics.
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Career Path in Supply Chain Management
Supply chain management is the process of integrating and optimizing all steps necessary to produce products in the proper amount and deliver them on time. Basically, it is the movement of raw materials to consumable products in the most efficient manner possible. A retail company, for example Wal-Mart, is the largest company that is part of the Fortune 500, has built its fortune on the success of their supply chain management system. There are many good reasons to choose a supply chain management career path, especially if you have a knack for organization and working with others.
Maintenance of a business is not the task of a single person whether it is a huge enterprise or a home-based small business. A well-managed team can make the business successful. The most important role is played by the manager who maintains the supply chain of the company. The major role of the supply chain management is to assure that the demand of customers is met with the supply of the products. It has to be assured that the companies never produce extra or insufficient products. Here we have everything you should know about the supply chain roles and responsibilities.
Demand of Supply Chains in Today’s Business
Supply chain management is an integral part of the business organizations and important for the success of the company. Due to the rapid advancement in technology, most of the business organizations are available online. The market is becoming competitive and thus increasing the role of supply chain management. Due to this reason, demand for supply chain management qualification is growing worldwide.
Supply Chain Management is about managing the product or service from its creation to its delivery to the customer. Supply chain management industries has a very low unemployment rate which means almost all who pursue it land a job successfully. That is why there are many institutions now, who are providing certification related to this field, especially AIMS’ online masters in supply chain management and supply chain management diploma online are top qualifications among them.
To show more about the demand for supply chain management professionals, below are the top industries where the scope of professionals of this field is growing.
1. Tech and Electronics
Companies like Intel, Samsung, Apple, Lenovo and so many others are keen to recruit new talent which has a better understanding of the tech industry other than the normal qualities companies seek in job-seekers. That is why the supply chain management workforce has handsome pay too in this industry.
With the boom of smartphones, everybody is using the internet and that has also increased the trend of online shopping. And that is why e-commerce giants like Amazon, eBay, Walmart have thousands of supply chain management professionals.
3. Food and Beverages
With the high demand for food and beverages, the scope of the workforce is already increasing for Coca-Cola Co., MacDonald’s, Nestle, Starbucks, and many other companies.
The previous year, more than 94 million automobiles were manufactured, which means thousands of supply chain management professionals took part in their manufacturing and development and made them available for a large population of the world.
5. Consumer Goods
There are thousands of variety of products in the consumer goods industry and that is why there is a need for supply chain management professional, who can manage the supply chain. Most notable companies in this industry are Unilever, Procter & Gamble, and Colgate-Palmolive.
Advantages of Supply Chain Management
When a business has an effective supply chain management, it has a competitive advantage in its industry that allows you to decrease the inherent risks when you’re buying raw materials and selling products or services. There are many different advantages of supply chain management.