Last Updated on April 23, 2024 by Admin
Supply chain management, the management of the flow of goods and services, involves the movement and storage of raw materials, work-in-process inventory, finished goods, and end-to-end order fulfillment from origin to consumption. Read more about Logistics and Supply Chain Management Online Courses For 2024 and Beyond.
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What is Supply Chain Management?
Supply chain management handles the entire production flow of a good or service — starting from the raw components to delivering the final product to the consumer.
Supply Chain Management (SCM) is the end-to-end transportation management of goods and services from origin to consumer.
From the procurement of raw materials, inventory management, and retail delivery of the finished product, SCM seeks to optimize forecasting, inventory, and transportation to maximize efficiency, reduce cost, understand the flow of goods, and align supply chain networks.
Supply Chain Management Jobs
The Fortune and Materials Handling Institute estimates SCM positions to grow at nearly 270,000 per year, and a recent search for “supply management” on Indeed.com resulted in over 45,000 results.
Companies worldwide need manufacturing and supply chain logistics expertise, and the demand for logistics analysts, sourcing specialists, global supply analysts, purchasing managers, and supply chain managers is expected to grow.
Companies are also looking for individuals with good supplier relationships, understand risk management, have robust supply chain strategies, and deal with supply networks in the United States and worldwide.
Businesses want to have a competitive advantage, so having your supply chain activities and operations management skills at top-notch are necessary. Look for positions at top companies worldwide, including Tesla, Amazon, Deloitte, Lockheed Martin, DHL, and more.
A career in Supply Chain Management
One of the best career options if you’re looking to start a career in Supply Chain Management but lack the essential background; If you’re working with people in Supply Chain Management and want to understand their daily challenges better and If you’re fascinated by how the flow of products, information links together the global economy, and finances.
If you’re looking for an exciting and lucrative career (Indeed.com estimates the average annual salary for supply chain managers at $85,585) in an in-demand and growing field, the supply chain may be the right choice.
Logistics and Supply Chain Management Online Courses
The following are the top and best online logistics and supply chain management courses. Enroll online for the below listed SCM courses and get on a path to becoming a supply chain specialist.
All these below-listed supply chain management courses, supply chain management and logistics courses, and supply chain management online free courses are the most recommended courses for the aspirants looking for online courses on logistics and supply chain management.
You can find here the supply chain management Coursera courses; supply chain management free courses, supply chain management online courses in India, abroad, and logistics management courses online
#1. Supply Chain Management Specialization
Course Offered By Rutgers the State University of New Jersey
This Specialization is an introduction to the fascinating world of Supply Chain Management. When you complete the program, you’ll better understand the complexities companies face in today’s global networked economy.
What Will You Gain?
- Forecasting
- Logistics
- Supply Chain
- Lean Six Sigma
- Supply Chain Risk Management
- Warehouse Management
- Logistics Planning
- Inventory
- Six Sigma
- Microsoft Excel
- Planning
- Demand Forecasting
There are 5 Courses in this Specialization
Supply Chain Logistics
This introductory course is designed to provide you with a start on your learning journey in logistics. You do not need to have any background in logistics, but it would be beneficial if you had a basic understanding of business concepts. Join me, and we will learn together about logistics!
join for freeSupply Chain Operations
In the Supply Chain Operations course, you will introduce and apply essential process improvement tools to achieve perfection. After completing this course, you will be able to apply the Six Sigma methodology for process improvement.
You will demonstrate that you understand the Lean philosophy’s basic tenets that enable manufacturers to eliminate waste and make processes more efficient. Finally, you will be able to apply the tools you just gained to improve your process.
This introductory course is designed to provide you with a start on your learning journey in operations. You do not need to have any background in operations. Still, it would be beneficial if you had a basic understanding of business concepts, a working knowledge of spreadsheets, and ideally have mastered the Supply Chain Logistics course. Join me, and we will learn together about operations!
join for freeSupply Chain Planning
This course introduces you to the exciting area of supply chain planning. As part of a broader specialization in Supply Chain Management, you will master different forecasting techniques essential for building a Sales and Operations Plan.
After this course, you will have the tools and techniques to analyze demand data, construct different forecasting techniques, and choose the most suitable one for projecting future demand.
join for freeSupply Chain Sourcing
This course introduces you to the exciting area of supply chain sourcing. As part of a broader specialty in Supply Chain Management, you will master the supplier selection process and segmentation.
After this course, you will have the tools and techniques to find the right vendors and maintain the right relationship with any one of your existing suppliers.
Supply Chain Management Strategy
Supply Chain Management Strategy is the indispensable direction for managing a successful supply chain. This course is the capstone of the Supply Chain Management specialization. While it is strongly recommended that you take all courses in this specialization, you do not have to if you believe you already have those skills.
You will use the tools acquired in the previous four courses to create a supply chain management strategy in a real-life case scenario. After this course, you will have mastered the tools and techniques to successfully manage a complex network of companies that we call the supply chain.
join for free#2. MITx’s Supply Chain Management MicroMasters® Program
The MicroMasters Program in Supply Chain from MITx is an advanced, professional, graduate-level foundation in Supply Chain Management. It represents the equivalent of one semester’s worth of coursework at MIT.
The MicroMasters program certificate will showcase your understanding of supply chain analytics, design, technology, dynamics, and end-to-end supply chain management.
Build on the program certificate and take advantage of an excellent opportunity to be accepted into the #1 ranked supply chain management Masters’s Degree program for a fraction of the cost.
What you will learn in this course
- To apply core methodologies (probability, statistics, optimization) used in supply chain modeling and analysis.
- To understand and use fundamental models to make trade-offs between forecasting, inventory, and transportation.
- To design supply chain networks as well as financial and information flows.
- To understand how supply chains act as systems and interact.
- How technology is used within supply chains from fundamentals to packaged software systems.
- End-to-end supply chain management.
Courses in this program
Supply Chain Comprehensive Exam
Take the Comprehensive Exam in Supply Chain Management to earn the MITx MicroMasters credential.
join for freeSupply chain Analytics
Master and apply the core methodologies used in supply chain analysis and modeling, including statistics, regression, optimization, and probability.
join for freeSupply Chain Fundamentals
Learn fundamental concepts for logistics and supply chain management from analytical and practical perspectives.
Supply Chain Design
Learn how to design and optimize a supply chain’s physical, financial, and information flows to enhance business performance.
join for freeSupply chain Dynamics
Learn how to manage and harness the dynamics and interactions between firms and entities within a supply chain.
join for freeSupply Chain Technology and Systems
Learn how technology is used in supply chain systems, from fundamental concepts to innovative applications.
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#3. Master Control in Supply Chain Management and Logistics
Course Offered by CHALMERS University of Technology
Boost your logistics skills in this hands-on course on how to master and control your supply chain to enhance your organization’s productivity.
In this business and management course, you will learn methods used to master control of supply chains, including forecasting demand, determining the best order quantity for procurement, planning capacity and production, and much more.
Many of the topics in the course will be illustrated using actual companies, and real logistics professionals as logistics is not a theoretical subject – it exists all around us – everywhere.
