Supply Chain Management

Supply Chain Management is all about managing the flow of goods and services from the purchase of raw materials until it reaches the end-user. It is a series of planned events that helps in the delivery of the right product in the right place at the right time. A supply chain is the connected network of individuals, manufacturers, suppliers, distributors, technologies and processes.

What are the roles and responsibilities in Supply Chain Management?

• Confer with supply chain planners to forecast demand or create supply plans that ensure the availability of materials or products.
• Define performance metrics for measurement, comparison, or evaluation of supply chain factors, such as product cost or quality.
• Analyze inventories to determine how to increase inventory turns, reduce waste, or optimize customer service.
• Develop procedures for coordination of supply chain management with other functional areas, such as sales, marketing, finance, production, or quality assurance.
• Negotiate prices and terms with suppliers, vendors, or freight forwarders.
• Implement new or improved supply chain processes.
• Manage activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing etc.
• Develop or implement procedures or systems to evaluate or select suppliers.

What education is required to study Supply Chain Management?

• Diploma Supply Chain management
• Certificate in Supply chain management

What are the key skills required for Supply Chain Management?

• Interpersonal Skills
• Problem Solving skills
• Communication Skills

What are the career opportunities in Supply Chain Management?

• Logistics Manager
• Operations Head
• Supply chain Professional