Supply chain management

Supply chain management is an essential component of any successful business. It's a flow of goods and services, from raw materials to finished products, as they move from suppliers to manufacturers, distributors, retailers, and ultimately, to the end customer. It requires coordination and collaboration between different departments and stakeholders, including suppliers, manufacturers, distributors, retailers, customers, etc, 

What is Supply Chain Management? SCM is to optimize the flow of goods and services, minimizing costs and improving efficiency while ensuring high levels of quality and customer satisfaction. This course may involve a range of activities, including procurement, production planning, inventory management, transportation, and logistics. In recent years, advancements in technology and globalization have transformed Supply chain management, making it more complex and challenging. It can also increase transparency and accountability in the Supply chain, ensuring that products are sourced ethically and sustainably. Businesses need to develop effective Supply chain strategies, use advanced technologies and analytics, and build strong partnerships with suppliers and other stakeholders. 

Types of Courses: Certificate, Diploma, UG, PG & PGD level.

Courses availability:

❖ Certificate course in Supply Chain Management

❖ Diploma in Supply Chain Management

❖ Diploma in Logistics Management

❖ BBA in Supply Chain Management

❖ B.Com in Supply Chain Management

❖ B.Sc Business Management (Supply Chain Management)

❖ B.Sc in Logistics and Supply Chain Management

❖ B.Com in Supply Chain Management

❖ PGD in Logistics and Supply Chain Management

❖ Ph.D in Supply Chain Management etc,.

Eligibility criteria: 
Certificate courses: He/ She needs to complete a 10+2 or high school diploma or equivalent is required. some may have also work experience in such a field. Admissions may through with merit-based. There is no Entrance examination for this course.

Diploma: He/ She is required to qualify Higher Secondary Examination from a recognized university. This course duration is 1 year.

❖  Some universities may offer PG diploma courses in Supply Chain Management. For this, students may pass graduation in a relevant field.

UG: He/ She may have completion of 10+2 with the aggregation of 50 percent of score from a recognized university is required. This is a 3-year full-time degree course.

PG: To pursue a PGD in Supply chain Management, completion of graduation with a degree from a recognized university is required. This course duration is 2 years.

❖ Admission through this course is based on merit followed by a Personal Interview.    

❖  Some top colleges/ Universities may conduct entrance exams as well.

Executive education programs: It means typically designed for working professionals. Some programs may also require participants to have completed an undergraduate degree or have some relevant qualifications.

Entrance exms: CAT/ MAT/ CMAT/ XAT/ ATMA etc,.

Fee structure:
Certificate: upto INR. 45,000 per year

Diploma: upto INR. 80,000 per year

BBA: INR. 22,000 - 7 Lakh per entire course

PGD: INR. 1,20,000 per year

Ph.D: upto INR. 2 Lakh per year

Skills Required:

❖ Good Communication skills

❖ Problem-solving skills

❖ Project management skills

❖ Technical skills

❖ Financial skills

❖ Analytical skills

❖ Team Management skills

❖ Time Management skills

❖ Adaptability

❖ Leadership skills and more.

Top Institutions:

❖ Indian Institute of Management Visakhapatnam (IIMV) - Andhra Pradesh

❖ Institute of Public Enterprise (IPE) - Hyderabad

❖ Vignana Jyothi Institute of Management (VJIM) - Hyderabad

❖ GITAM Institute of Management (GIM) - Visakhapatnam

❖ Amity Global Business School (AGBS) - Hyderabad

❖ Hyderabad Business School (HBS), GITAM University - Hyderabad and more. 

Top Sectors/ Fields:

❖ Manufacturing

❖ Warehousing

❖ Packaging

❖ Transportation & delivery

❖ IT

❖ Logistics

❖ Retail

❖ Healthcare

❖ Logistics and transportation

❖ E-commerce

❖ Food and Management etc,.

Job roles/ Designations with their salaries:

❖ Supply Chain Manager - around INR. 1,50,000 to 9,17,000 per Annum

❖ Logistics Manager - around INR. 1,50,000 - 8,70,000 per Annum

❖ Procurement Manager - around INR. 1,50,000 per year

❖ Operations Manager - around INR. 1,50,000 per Annum

❖ Supply Chain Analyst - around INR. 1,50,000 per Annum

❖ Inventory Manager - around INR. 1,50,000 - 9,35,000 per year

❖ Production Manager

❖ Logistics and Distribution Manager

❖ Retail Merchandiser

❖ Warehouse Manager

❖ Freight Forwarder

❖ Operational Researcher

❖ Quality Manager etc,.

Top Hiring Companies:

❖ Amazon

❖ Tata Group

❖ Flipkart

❖ Reliance Industries

❖ HCL Technologies

❖ Deloitte

❖ Infosys

❖ HSBC

❖ Wipro

❖ Intel

❖ Cisco Systems

❖ Ranbaxy

❖ Nestle

❖ Accenture

❖ Pepsico 

❖ Coca Cola and Loreal etc,. 

Conclusion: The Supply chain management course in India offers valuable knowledge and skills that are essential in today's dynamic business environment. It equips individuals with the necessary tools and techniques to effectively manage the flow of goods, services, and information from the point of origin to the point of consumption. The Supply chain management course in India offers a comprehensive curriculum, practical exposure, and ample career opportunities. It equips individuals with the necessary skills to excel in the field of Supply chain management and contributes to the growth and efficiency of businesses operating in India.