Supply Chain Management
iiTworkforce offer Supply chain Management live project training from industry experts
iiTworkForce is a well-known name among the IT training providers across the globe. You can rest assured that numerous interns from our platform have been successful in carving their desired careers after completion of real-time IT projects.
Joining a real-time project offers a three-fold benefit to our interns.
1.The real-time projects complete the gap between the technical knowledge in theory and practicals and help the interns to become adept at their technical skills.
- It builds domain knowledge which is one of the key factors the top employers will be looking at during their hiring process.
3.Working on live projects will bring an overall benefit to the interns such as gaining real experience worth mentioning in their resume, networking, producing verifiable references, improving team player skills, confidence building, and developing interpersonal skills.
Having said that, at iiTworkForce, we provide real-time project-based training for IT job aspirants in Healthcare, BFSI, CRM, Telecom, and Supply Chain Management domains.
What is Supply Chain Management? What are the benefits of taking up real-time Supply Chain Management Projects?
Supply Chain Management (SCM) is a complex process implemented to deal with a wide range of hardships in businesses and help them sail through. The ultimate goal of SCM is to keep the business competitive by reducing costs, creating productive environments at the same time keeping them customer-oriented through executing various proactive strategies.
What are the advantages of SCM?
Despite being a tough initiative for businesses to implement SCM practices, the results are equally rewarding. Hence, an increasing number of companies are adopting the idea of SCM of late.
- It gives an edge to the businesses over their competitors.
- Keeps up with technology demands
- Inculcates a productive environment
- Reduces service costs
Introduced in 1982, the evolution of SCM took its own sweet time. However, in the course of 35 years since its emergence, SCM practices have seen a major shift in terms of how they are perceived. In the earlier phase, SCM was much more straightforward. As the name suggests, Supply Chain Management only deals with the flow of resources to enable the constant supply of goods to end-users/consumers.
Over a period of time, SCM was used to handle the customer relationship part as well which essentially brought a competitive edge to the businesses as it is the consumers who make the difference.
SCM at present
Around the 2000s, SCM started building a berth of its own and positioned itself as a major discipline, casting off it’s good image to emerge as a ‘must-have’ practice. It became increasingly customer-oriented by considering customer feedback and idea concerning a product/service.
Various Supply Chain Management processes
- Customer Relationship Management: Implementation of various strategies to identify customer needs and that of potential customers.
- Customer Service Management: Strategizing to maintain the relationship between companies and respective consumers.
- Demand Management: Predicting, planning, and meeting consumer demands for products/services.
- Order Fulfillment: Converting consumer interests to sales.
- Manufacture flow management: Enabling the proper manufacturing process.
- Supplier Relations Management: To maintain a risk-free relationship with third-party partners.
- Product Development and Commercialization: Combining product development and commercial aspects.
- Returns Management: Managing the quick and easy revenue-generating process.
Supply Chain Management is undoubtedly a tedious process where the integration of buyers/sellers, production team and resources/shared information takes place.
Hands-on experience in real-time SCM projects can help our interns gain unprecedented results.