Supply Chain Management
Learn supply chain from basics in this free online training. Supply chain management course is taught hands-on by experts. Learn how to streamline your company's supply chain & lot more in depth. Best for beginners. Start now!
What you learn in Supply Chain Management ?
About this Free Certificate Course
Supply Chain Management (SCM) deals with managing the flow of goods and services between business places and includes the movement and storage of raw materials, work-in-progress inventory, and finished goods. It also includes end-to-end order fulfillment from the source point to the consumption point. In supply chain management, customers require interconnected, interrelated, or interlinked networks and channels, and businesses combine to provide products and services. You will know more about it when you learn supply chain management.
In this free Supply Chain Management course, you will learn about the subject by walking through topics such as introduction, the historical perspective of the supply chain, defining the subject, drivers of the supply chain, and its problems. You will have learned all the essentials of the supply chain and be able to manage the process well at the end of this Supply Chain Management online course.
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Course Outline
In this module, you will know about the agenda and an overview of Supply chain networks across the globe.
In this module, you will learn about the historical supply chain networks and the modifications it has gone through over the years.
This module gives you an overview of various elements of the supply chain network and how it's transforming the Supply chain networks.
This module talks about the two main drivers in the supply chain network that are- responsiveness and efficiency. Furthermore, you will also know about the various loopholes in the logistics management.
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1.5 Hours
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Frequently Asked Questions
Will I have lifetime access to this free Supply Chain Management course?
Yes, once you enroll in the course, you will have lifetime access, where you can log in and learn whenever you want to.
What are the 5 basic steps of supply chain management?
According to the Supply Chain Operations Resource (SCOR) model, there are five basic processes that drive supply chain management. They are Plan, Source, Make, Deliver and Return. These steps include acquiring, business operations, transport, logistics, resources management, information flow, and workflow. This free supply chain management course will learn these steps better and more profound.
What are the four 4 stages of supply chains?
There are four customary phases in supply chain management. They are the introductory or inventory phase, the growth phase, the maturity phase, and the decline phase. All these phases are markedly different and require different inputs and resources and different value chains. It is essential for a supply chain manager to understand these requirements and to craft supply strategies to meet the unique needs of each phase.
What is supply chain management, and why is it important?
Supply chain management is the process of managing the flow of goods and services between different business locations. It also includes the movement and storage of the raw materials and defines the order of fulfillment from the point of origin to the point of consumption. Supply chain management helps in streamlining the supply chain activities and results in faster productivity. It also helps businesses to compete and create value for customers. It can save money through accurate analysis of data. It gives manufacturers and retailers an idea to produce and transport only what they can sell. You can enroll in Great Learning Academy and learn supply chain management to understand this better.
What do supply chain managers do?
Supply chain managers are responsible for overseeing and managing every stage of the production flow, starting from purchasing the raw materials to delivering the finished product. Supply chain managers ensure that the right number of products are manufactured at the right time. They also make sure that the productivity is in coordination with the storage of the products.
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Supply Chain Management
Supply chain management (SCM) is the process of managing the flow of goods and services from the supplier to the end-user or customer. It involves the coordination and management of all the activities, including planning, sourcing, production, transportation, and delivery of products or services. Effective supply chain management can improve the efficiency of the supply chain and help companies reduce costs, increase revenue, and enhance customer satisfaction. In this article, we will discuss the different aspects of supply chain management.
Planning
Planning is the first stage of supply chain management, which involves forecasting the demand for the products or services and developing a strategy to meet that demand. In this stage, companies set targets, develop production plans, and identify the resources required to execute those plans. Effective planning helps companies to manage the supply chain efficiently and minimize costs.
Sourcing
Sourcing involves the selection of suppliers who can provide the required materials or products. It includes identifying potential suppliers, evaluating their capabilities, negotiating prices, and entering into contracts. Effective sourcing can help companies to secure the required materials at the right price and quality, and ensure timely delivery.
Production
Production involves the manufacturing or assembly of products. It includes the management of production schedules, inventory levels, and quality control. Effective production planning can help companies to optimize the use of resources, reduce lead times, and improve product quality.
Transportation
Transportation involves the movement of goods from one location to another. It includes the selection of transportation modes, such as air, sea, or road, and the management of transportation schedules, routing, and tracking. Effective transportation management can help companies to reduce transportation costs, improve delivery times, and enhance customer satisfaction.
Warehousing
Warehousing involves the storage of goods before they are transported to the customers. It includes the management of inventory levels, order picking, and packing, and the maintenance of warehouse facilities. Effective warehousing can help companies to optimize inventory levels, reduce lead times, and improve order fulfillment.
Distribution
Distribution involves the delivery of goods to the end-users or customers. It includes the management of delivery schedules, routing, and tracking, and the management of customer orders and inquiries. Effective distribution management can help companies to improve order fulfillment, reduce delivery times, and enhance customer satisfaction.
Technology
Technology plays a crucial role in supply chain management. It includes the use of information technology systems, such as enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management software. These systems can help companies to streamline their supply chain operations, improve communication, and reduce costs.
Risk management
Risk management involves identifying and mitigating the risks that can affect the supply chain. It includes the management of supply chain disruptions, such as natural disasters, supplier bankruptcies, and transportation disruptions. Effective risk management can help companies to reduce the impact of supply chain disruptions, improve supply chain resilience, and protect their reputation.
Conclusion
Supply chain management is a critical aspect of business operations that involves the coordination and management of all the activities, from planning to delivery. Effective supply chain management can help companies to reduce costs, increase revenue, and enhance customer satisfaction. By focusing on planning, sourcing, production, transportation, warehousing, distribution, technology, and risk management, companies can optimize their supply chain operations and gain a competitive advantage in the market.
