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Supply chain management is the broad range of activities necessary to organize, oversee, and carry out a product's flow from procuring raw materials, manufacturing, and distributing to the final customer in the most streamlined and economical manner feasible (SCM).
Supply chain management is the management of a network of connected businesses that provide the goods and services that final consumers need (SCM). The movement and storage of raw materials, inventory of work-in-progress, and finished items from the point of origin to the site of consumption are all covered by a postgraduate diploma in supply chain management.
As they work to create and produce goods that are better, faster, and less expensive, professionals in this management are involved in each and every company plan. They are needed by producers, merchants, transportation firms, third-party logistics providers, governmental organizations, and service providers.
For a firm to grow and go worldwide, many factors must be maintained. Each department needs to have its own management structure and set of operational rules. Manufacturing and product-based organizations need to manage their supply chains and logistics effectively. There are certain corporations where there are two separate divisions, but for the most part, they are one. The management of products, goods, and services from the point of manufacture to delivery is the focus of logistics and supply chain management.
The best illustration of supply chain management and logistics is a pizza delivery service. From buying the pizza's raw ingredients to packing the cooked pizza, designating the delivery driver, and delivering the pizza to the intended customer, all aspects of logistics management are involved. There are still more things to think about. And all you need to know about them is covered in the PGDM in Operations management.
Any industrial or product-based business must have effective logistics management. You've made a wise career choice by deciding to study a PGDM in operations and supply chain management, a profession that is flourishing in India. However, you should understand everything you can about the PGDM in logistics and supply chain management before you make your decision.
The sections below contain all the information you require regarding the course, the syllabus, and potential careers and earnings. You should carefully consider taking a PGDM in international business operations after reading and understanding the information presented here.
What Makes a PGDM in Supply chain management a Good Option?
Specifically for Post Graduate Diplomas in Supply Chain Management Study, picking the right degree program is crucial because the field you choose will influence your professional path for the rest of your life. A PGDM in Supply chain management is among the best programs to enroll in for the reasons listed below.
In the PGDM in Supply chain management, every position is challenging. Here, there are never any boring times. You won't ever get tired or bored if you choose to work in this industry.
Keeps you updated
PGDM in the Supply chain management sector offers something new and intriguing every day, thanks to technology, which is fostering growth and the expansion of e-commerce. Management of operations and the supply chain is becoming more popular.
Because there are so many distinct fields in logistics management, you can select from a wide range of careers. Work will never feel like a burden because you are free to do whatever you want.
Even when markets are slowing down, manufacturing and product-based businesses are constantly growing. A PGDM in international company operations will therefore continue to be in demand and increase in value.
You can make a good livelihood if you choose the right career in the right field. Opportunities to make more than INR 10 lakhs annually exist with numerous firms.
As the e-commerce industry expands, the importance of operations and supply chain management has significantly expanded. Due to this increase, graduates in operations and supply chain are required to cover a variety of positions. Find out what jobs you can apply for if you have a degree in logistics management.
Here are a few of the career openings in the supply chain and operations management sectors that you might pursue.
Manager of Operations:
Job responsibilities include:
- Overseeing all operations for a public or private organization
- Activities for product pricing, sales, and distribution are directed and managed.
- Analyze performance data to gauge output and identify areas for process or cost optimization.
- Analyze supply chain activities to identify or suggest enhancements and improvements.
- Maintain databases for archiving and classifying logistical information.
- Analyze delivery procedures, backorders, purchase of components, and transportation expenses on an ongoing basis.
- Acquiring what is required for a manufacturing facility to operate, including equipment, parts, and services.
- Create requisitions, bid proposals, and purchase orders for both products and services.
- Contracts are negotiated and managed with vendors, contractors, and
Supply Chain Manager:
- Direct and manage supply chain procedures to save costs and improve accuracy, customer service, and safety.
- Keep an eye on the forecasts for shifts in trends and how they may affect supply chain activity.
- Create procedures to aid in the coordination of supply chain initiatives by various departments, including sales, marketing, finance, production, and quality.
- Plan and oversee the actions of the buyers, buying officers, and other individuals involved in the purchases of materials, goods, or services.
- Represent the business when negotiating contracts and formulating policies with various vendors.