In any business, the supply chain is the process that takes raw materials and transforms them into the products or services that customers want. Simply put, it’s the steps a company takes to turn inputs into outputs.
The management of this process is known as supply chain management (SCM). And it’s become increasingly important in recent years as businesses have globalized and become more complex.
There are several reasons for this. First, businesses now operate in an environment of more significant uncertainty. They have to deal with more suppliers, contracts, and regulations. This complexity makes it difficult to forecast demand and plan production.
Second, customers have become more demanding. They expect higher quality products and faster delivery times. This has put pressure on companies to shorten their lead times—the time it takes from when an order is placed until it’s delivered to the customer.
To meet these challenges, companies have had to rethink their supply chains and adopt new SCM practices. Here are some of the most critical trends in SCM:
- The use of information technology to manage the flow of goods, information, and money
- The development of collaborative relationships with suppliers and customers
- The adoption of lean and just-in-time production methods
Why does the Reputation of IIM Raipur matters as a premier business school?
There are many reasons why the reputation of IIM Raipur matters as a premier business school. For one, IIM Raipur is consistently ranked amongst the top 10 business schools in India by various prestigious rankings. Graduates of IIM Raipur can expect to be highly sought-after by employers. Additionally, IIM Raipur has a strong alumni network, which can provide students with valuable networking opportunities and connections. Finally, IIM Raipur has a well-established reputation for excellence in teaching and research, which means that students can expect to receive a world-class education at the institute.
Ideal Curriculum & course offerings in supply chain management at IIM Raipur, and specialization options:
The Indian Institute of Management Raipur (IIM Raipur) offers a two-year, full-time postgraduate program in management (PGP) specializing in supply chain management. The curriculum for the PGP program is designed to provide students with a strong foundation in all aspects of business and management, with a focus on supply chain management.
IIM Raipur offers a wide range of courses in supply chain management, including introductory and advanced courses. Students can choose to specialize in one or more areas of supply chain management, such as operations, logistics, and transportation. In addition to coursework, students must complete an internship and a capstone project.
Graduates of the PGP program at IIM Raipur have gone on to careers in various industries, including manufacturing, retail, healthcare, and government. Many have also pursued studies in supply chain management or other related fields.
What are the Career opportunities for students in supply chain management?
There are many career opportunities for students in supply chain management. Some of the most popular career paths include:
- Supply Chain Manager: A supply chain manager is responsible for planning, implementing, and managing the overall supply chain for a company. They ensure that all materials and products are delivered on time and within budget.
- Logistics Manager: A logistics manager is responsible for coordinating and overseeing the movement of goods and materials. They optimize the transportation of goods to minimize cost and improve efficiency.
- Warehouse Manager: A warehouse manager oversees the storage and distribution of goods and materials. They ensure that inventory is managed correctly and orders are fulfilled promptly.
- Purchasing Manager: A purchasing manager is responsible for sourcing and procuring goods and materials for a company. They ensure that all purchases are made at the best possible price and quality.
Learn and Grow with Imarticus Learning:
If you are looking to make a career in supply chain and operations, start with supply chain and operations training at Institute of Industrial Management (IIM) Raipur and Imarticus Learning. This IIM Raipur supply chain and operations course is designed as a premier leadership program for senior supply chain professionals. The 10-month long program, let’s you acquire strategic, operational, personal and technological skills to become a leading SCM manager. The program features over 150 hours of hands-on training delivered by the accomplished IIM Raipur faculty. Connect and collaborate with your peers and experience a whole new learning journey.
- C-suite Training
- SCM Globe Simulations
- Masterclasses by Industry Leaders
- Campus Immersion
- IIM Raipur Alumni Status
- Learn from Industry Experts