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Supply Chain and Operations Management is essential for businesses, focusing on the management of goods, information, and resources from suppliers to customers. This area encompasses the design, oversight, and optimization of processes that facilitate the movement of products and services through stages such as procurement, manufacturing, logistics, distribution, and delivery. <br><br>For more details visit at - https://www.eimt.ch/doctorate-in-business-administration<br>
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SUPPLY CHAIN & OPERATIONS MANAGEMENT info@eimt.ch www.eimt.ch
INTRODUCTION Supply Chain and Operations Management is one of the most important areas of business that involves managing flows of goods, information, and resources from suppliers to end customers. It concerns designing, overseeing, and optimizing processes that move products and services through various stages: procurement, manufacturing, logistics, distribution, and delivery in a way that adds value, quality, and efficiency. Key components include demand forecasting, inventory management, procurement, production planning, logistics, and distribution. www.eimt.ch info@eimt.ch
CORE ELEMENTS OF SUPPLY CHAIN AND OPERATIONS MANAGEMENT Demand Planning and Forecasting Sourcing and Procurement Inventory Management Production and Operations Management Logistics and Distribution Supply Chain Network Design Technology and Information Systems Risk Management and Compliance www.eimt.ch info@eimt.ch
TRENDS AND FUTURE IN SUPPLY CHAIN AND OPERATIONS MANAGEMENT Digital transformation: The use of new technologies like artificial intelligence, IoT, blockchain, and big data analytics will considerably enhance the real-time visibility and automation along with an improvement in the decision-making system. Sustainability: This trend leads companies to work for low carbon footprints, waste reduction, and lesser utilization of resources that have provided a boost to green logistics and circular supply chains. Resilience and Risk Management: The pandemic has underlined the necessity of developing resilient supply chains that can stay strong during disruptions through diversified suppliers and flexible production. Regionalization of supply chains : Global supply chains are being replaced with regional supply chains to minimize the risk and maximize speed. www.eimt.ch info@eimt.ch
KEY SKILLS FOR A SUPPLY CHAIN AND OPERATIONS CAREER PROBLEM-SOLVING AND DECISION- MAKING COMMUNICATION AND COLLABORATION STRATEGIC THINKING TECHNICAL SKILLS Ability to gain control over any operational issues or decisions very promptly to optimize the process. Coordinating effectively within the internal teams, suppliers, and customers to guarantee smooth operations. Knowledge of available software tools and enterprise systems (such as ERP, SAP, or Oracle) in addition to an understanding of digital technologies in the supply chain. Processes supporting the organizations with goals; planning and implementing processes anticipating market trends. www.eimt.ch info@eimt.ch
CAREER PATHS IN SUPPLY CHAIN AND OPERATIONS MANAGEMENT SUPPLY CHAIN ANALYST PROCUREMENT MANAGER Focuses on analyzing data to optimize many supply chain processes. In charge of purchasing decisions and supplier relations. LOGISTICS MANAGER OPERATIONS MANAGER Responsible for production and logistics systems ensuring that processes are smooth and the resources are used effectively. Responsible for all the movement and goods distribution process, hence providing on time delivery of products. www.eimt.ch info@eimt.ch
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