In the last two decades, leading-edge companies have significantly improved their operations in manufacturing and quality management with improvements and reengineering efforts. Currently, top management focuses at their Supply Chain and logistics to enhance competitiveness. The last decade also witnesses increased globalization of the world economy. Globalization is now both ‘cost’ driven as well as ‘market’ driven. This implies that companies operate at an international scale with the objective of identifying cheaper sources for parts and components as well to broaden the markets for their finished products.
Managing the supply chain has become a fundamental competitive priority and more challenging. As firms need to perform in both national and International markets, the supply pressures, customer service level, changing technology all become more intense. Also movement of the inputs as well as finished products over greater distances implies efficient management of Supply Chain and logistics. The firms may find its forecasting off the mark, not meeting the customer demand or over production. Though manufacturers invest more on inventory, warehouses and transportation, still retailers complain about increasing stock-out problem on the shelves or overstocking. Hence the firms need to capture the uncertainties inherent in the supply chain and ways to minimize them together with increasing co ordination among the players in the chain.
This programme is aimed at highlighting important design and implementation issues pertaining to supply chain management in the current dynamic environment through advanced models for reducing the uncertainties, costs and enhancing the performance of Supply Chains.
• Provide an appreciation and understanding of the concept of supply chain and its elements
• Develop an understanding of how coordination in the chain enables organizational effectiveness.
• Performance Evaluation of existing supply chain & improvement there off.
• Effective linkage development with global sourcing ,Marketing and supply chain
• Nurture skills to analyze the interface between supply chain and value chain in strategy formulation
• Understand strategic aspects of doing business with efficient supply chain mesh.
• Also focus on ecommerce industry effect of supply chain strategy.
The programme will be conducted with an emphasis on interactive learning and experience sharing, conceptual illustrations through videos, case studies etc. All enrolled students will also be provided access to the Cloud Campus through which students may access other learning aids, reference materials and assessments, case studies, projects and assignments as appropriate. Throughout the duration of the course, students will have the flexibility to reach out to the Professors, real time during the class or offline via the Cloud Campus to raise questions and clear their doubts.
There are periodic evaluations built in throughout the duration of the course. These may be in the form of a quiz, assignment, project, case studies or other objective/ subjective assessments. The evaluations are designed ensure continuous student engagement with the course and encourage learning.
• Executives of organizations who depend directly on supply chain, who need to understand its impact
on the corporate performance.
• Managers in a function of the interface between the supply chain and other traditional
departments: marketing, sales and distribution, purchasing, transport and warehouse management,
operations, finance etc.
• Professionals who are in the key decision making roles
• Individuals who want to give a more strategic and international dimensions to the competitiveness
already acquired in supply chain managerial positions.
The faculty will be drawn from eminent IIFT academics, practitioners from the industry and professionals in supply chain.
Successful participants with the requisite attendance criteria will be awarded prestigious IIFT certification as appropriate