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Important Things to Know Before Deciding to Work in Supply Chain Management
September 13th, 2022 by

You’ve repeatedly searched the internet for logistics jobs, read up on job descriptions, and done extensive research on everything involved in a supply chain management career. For those who are aware of what it entails, supply chain management (SCM) can be a very alluring career path. One reason is that it’s difficult to conceive how businesses would run today without it. Another reason is that the work’s puzzle-like, problem-solving nature can be a mentally stimulating challenge that becomes addictive.
However, reading job descriptions created by businesses and recruiters won’t actually provide you a glimpse into the day-to-day activities of a supply chain management specialist. To feel confident in your selection, you need have inside knowledge of the specifics before beginning any career.

Ten things you should know about supply chain management careers

1. The workday of a supply chain manager is never dull.
You could have worked at jobs where you felt that the days dragged on and you couldn’t wait for the shift to end. But every day will be unpredictable with a profession in supply chain management. You will never feel bored.

2. The job involves much more than just transporting and storing items.
As products or components go from a supplier to a manufacturer to a wholesaler to a retailer to a customer, supply chain management experts keep track of resources, data, and cash. However, they can differ significantly based on your organisation and industry. Even if that more simplistic picture may have been true a few decades ago, it can be shocking to realise that the moving and storage of items is only one aspect of what the vocation comprises. Pursuing any of the available Logistics and Supply Chain Management Courses in Kerala will help you to know more about the work you are supposed to expect.

3. Data-driven supply chain management
Since the supply chain involves a lot of data, it’s critical to quickly draw conclusions from voluminous data. The information load is enormous because the majority of organisations operate with thousands (or tens of thousands) of distinct items. When you need to use this information to provide answers, it can be intimidating. Agile and able to swiftly extract and summarise pertinent facts in a timely manner are two qualities you should possess.

4. In order to manage the supply chain, people skills are required.
Being a people person is increasingly important in supply chain management. The methods, best practises, and technology essential to the sector are the main topics of the supply chain management articles you read. However, the truth is that there would be no supply chain without the teams of experts that carry out the procedures, demonstrate the best practises, and manage all that technology. Teamwork, leadership, and, most importantly, customer service skills are required of supply chain managers. SLMT, one of the best Logistics Institutes in Ernakulam gives necessary training in soft skills to empower their candidates.

5. A comprehensive knowledge foundation is essential for professions in supply chain management.
If you think of supply chain management as a series of connect-the-dots where each choice involves a number of complex variables, you might begin to understand why having more information about each dot on the board can be a significant asset.
Do what you can to seek out fresh information and practical skills because having a well-rounded combination of education and experience may be quite helpful when working in a complex profession. You can also benefit from brushing up on your computer science and programming knowledge.

6. Professionals in supply chain management are also in charge of people
With a strong aptitude for the logistical requirements of the position, you might enter the supply chain management field. But at a certain point, having people management skills is just as crucial—if not more so—than having supply chain management skills. Although many people have the technical knowledge necessary to succeed in this industry, the best performers also typically have excellent interpersonal skills.

7. Managing the supply chain under pressure
SCM involves rivalry. A mistake or missing deadline might cost a business several hundred thousand dollars and let a rival in.
The logistics sector is a fast-moving, demanding, and cutthroat one. It’s crucial to arrive at work and give it your all because there are so many other organisations vying for the same customers.
You should constantly be considering what comes next and how you may advance your business. Being passionate about your work is crucial since it will help you develop and learn more quickly.

8. A top priority should be networking
When you take the time to meet and listen to your suppliers, it will pay off in the long run because you will have those relationships to rely on for advice or favours.
Finding a mentor is another suggestion made by Patel, particularly when your career is just getting started. This could be your manager, a coworker, or someone you run into while working in the business. Mentors can be priceless sources of information and can assist you in gaining more experience than you would otherwise.
The secret is to listen and watch. Ask questions and allow those who have successfully followed this career path to guide you along the paved path.

9. An excellent supply chain respects the environment
Supply chain management probably isn’t the first thing that comes to mind when you think about jobs that benefit the environment. However, streamlining the supply chain can have a significant positive influence on the environment.

10. There are numerous employment options available.
A broad word, supply chain management encompasses a variety of jobs. A common path involves starting off as an expeditor, progressing to become a buyer, and then climbing the ladder from there. Operations analyst, loading operator, salesperson, production manager, and logistician are further job titles. There are many Shipping Courses in Kerala that will help you get an employed in this industry.


Understanding the term Shipping Management
August 4th, 2022 by shipping management courses in kerala

Understanding the nature of this activity requires an understanding of a number of related issues that come up when discussing shipping management.

  1. Shipping—refers to the activity of moving products from one location to another by ship or other mode of transportation.
  2. A shipment is a grouping of goods or a bulk order that can range in size from a small document envelope to a huge container.
  3. Freight—refers to the movement of substantial quantities of cargo by truck, train, ship, or aircraft.
  4. Logistics—deals with the daily administration of the movement of commodities, including supply chains and distribution, from their point of origin (such as the warehouse) to the site of consumption (e.g. location of the final consumer)

 

To ensure that products, raw materials, freight, equipment, or supplies are shipped without incident, shipping management entails sorting, weighing, handling, packaging, inventory, warehousing, transportation, and distribution, as well as security precautions, compliance checks, and managing data gathered for record-keeping. It involves a variety of jobs, including taking things from shelves for retail outlets and packaging them for shipment pickups.

Shipping management covers the logistics (planning, preparation, and execution) of cargo transportation to make sure that goods are delivered to retail locations, customer addresses, or other designated destinations.

There are many shipping management courses in Kerala that helps in understanding the industry better. SLMT is one among the best logistics institutes in Kochi.

Various Shipping Methods

Contrary to what the name “shipping” indicates, shipment refers to more than just the movement of products by ship. It also covers the transportation of products by road, rail, and air. These generally fall into the category of freight transport modes.

  • Shipping by air entails the use of aircraft to carry goods; FedEx, DHL, and UPS were some of the most well-known shipping firms to do this type of shipping.
  • Shipping by land refers to transporting goods using vehicles like trucks; examples of such vehicles are refrigerated trucks, cars, and big vehicles like semi-trailer trucks and jumbo trucks, among many others.
  • Shipping through rail transportation: This refers to the movement of products by rail, which is one of the oldest modes of transportation for a variety of goods, including consumer goods, hazardous goods, special cargoes, military cargoes, and other kinds of cargo.
  • Shipping through the sea: This refers to the movement of products by ship. A.P. Moller-Maersk Group of Copenhagen, Denmark, and China Ocean Shipping (Group) Company (COSCO), based in Beijing, China, are two of the largest shipping firms for ocean freight.
8 Shipping Techniques 

Freight is delivered via a variety of shipping techniques. They consist of:

  1. Full truckload (FTL) shipping entails using a complete truck or fleet of vehicles to deliver goods over land. The most prestigious stores in the world, like Schneider National, prefer FTL as their preferred shipping option. Examples of the types of trucks used in this form of shipping include semi-trucks, dual-temp and multi-temp vehicles, dry van (enclosed) trailers, and refrigerated trailers.

Examples include shipments of exceptionally delicate or fragile goods and shipments large enough to totally or nearly completely fill a shipping container.

  1. Less Than Truckload (LTL) Shipping—this pertains to sharing spaces between different parties in a truck; this is  much cheaper but it can take longer for shipments to arrive. The top two LTL carriers in the U.S according to Logistics Management Magazine in 2020 are FedEx Freight and Old Dominion Freight Line.

3. Flatbed Shipping: When shipping things in this way, a truck’s top cage is not necessary. Deliveries of goods are made via flatbed carriers and other trucks. As an illustration, delivery of                   building and construction supplies

  1. Intermodal—this refers to the transportation of commodities using various modes of transportation in an intermodal manner; The most typical piece of equipment used in intermodal shipping are containers, also referred to as intermodal containers or ISO containers. For instance, a shipment or container that might arrive by sea will be hauled there by truck before being picked up and delivered to the customer.
  1. Rail Service Shipping: This refers to the use of rail transport services for the movement of complete containers or trailers. According to the Federal Railroad Administration, bulk items such agricultural and energy products, automobiles and components, building materials, chemicals, equipment, food, metals, minerals, paper, and pulp account for around 52% of all rail freight.
  1. International Air and Ocean Freight Shipping: This refers to the timely delivery of groceries and other perishable items using air and ocean freight into various global locations; this might be done from seaport to seaport or terminal to terminal.

Depending on the volume of the shipment, air freight is frequently more expensive than ocean freight. An illustration would be the shipment of cargo by air or sea to another country.

  1. Tanker – This refers to shipping using a tanker ship that is intended for storing or transporting enormous amounts of liquids or gases. Examples include moving liquids like wine, molasses, and liquids like vegetable oils and chemicals.
  2. Drops/ “Milk Runs”—this refers to shipping where commodities are transported from various suppliers or warehouses to their final destination or restocked on a regular route at a central distribution facility, which is where the items are dispatched from.

As an illustration, the suppliers bring their own delivery vans to the supply centre to deliver fresh bread and pick up leftovers.

Different Shipping Techniques

Shipping businesses have developed techniques, such “Free shipping,” to increase consumer appeal or lower shipping costs while delivering goods. The most often used shipping tactics are as follows:

1. Expedited shipping refers to shipping that is prioritized or that delivers the shipment as soon as is practical.

In essence, this is a transportation tactic whereby shipping corporations hasten their delivery by denying the vehicle any points for stopping along the way. Additional categories for quicker deliveries include:

  1. Express delivery
  2. Same-day delivery
  3. Next-day delivery

2. Flat Rate Shipping, sometimes referred to as “Linear Shipping” or “One Price, One Product Size” It refers to a set price that is charged for all kinds of things, regardless of what they include or how big they are.

3. Multi-Carrier Shipping: This method of shipping is used for tiny packages or shipments in order to cut costs by using several different carriers.

Shipping businesses or business owners have access to a wide range of additional shipping strategies. Shipping management is necessary for all shipping plans, whether they involve sending little packages or big containers, to make sure that everything arrives at its destination without incident.

Additional advantages of having excellent shipping management are listed below:

  • Improved Client Experience

Setting clear expectations with your selected delivery plan is another aspect of efficient shipping management. Regarding shipment delays, natural disasters, carrier delays, or any other issue that can cause the customers’ package to be delayed, you must be open and honest with your customers.

  • Cheaper delivery fees

The likelihood of occurrences when items take longer to arrive at their destination is reduced with effective shipping management. Your company’s overall profit margins should grow noticeably as a result of improving the shipping quality in your operation.

  • Better Cash Flow

When organizing shipments, it’s critical to take into account not just the costs but also the timing, reliability, and correctness of the shipments. Cutting delivery times to clients through effective shipping management. This also has something to do with logistics’ supply chain management. This leads to client pleasure, which encourages repeat business from customers.

  • Greater Reach

Since they will already be in contact with all of the major global logistics providers, organizations who manage air or ocean freight will profit from having a proper shipping management system in place. To know more about the Shipping industry, one can pursue shipping and logistics courses that provides ample job opportunities in the present scenario.

 

 

 


Supply Chain Management’s Three Levels
July 16th, 2022 by supply chain management courses in kerala

The administration of processes involved in the acquisition of raw materials, their transformation into completed items, and their distribution to the final consumer is known as supply chain management (SCM). SCM also includes actively simplifying a company’s supply-side operations to increase customer value and achieve a general competitive edge in the market. Institutes like SLMT, one of the best Logistics Institute in Kochi provides ample information regarding the same.

Examining the three levels of supply chain management—strategic, tactical, and operational—will help you better comprehend the many phases of supply chain management and how they affect one another. Together, these levels handle all the choices necessary to timely deliver high-quality goods to clients at the lowest possible cost while generating the most possible income.

  • Strategic Level

The company’s long-term decisions are made at the top level of supply chain management. The choices that are made here set the stage for the entire supply chain operation. Examples of decisions made at this level include choosing the goods or services the company will offer. To improve current products or add new ones to the product mix, this duty requires monitoring market trends and client feedback.

Making decisions on which suppliers to use for material purchases and where to locate the manufacturing processes go hand in hand with product development. Making judgements on selecting the best suppliers should take into account the overall goals and values of the business. If a firm wants to lessen its environmental effect and create a sustainable supply chain, it could choose a supplier based on their sustainable practices, which could result in higher costs for some commodities.

This degree of supply chain management is essential for creating a useful system that will integrate all divisions of the business and make sure that every choice made appropriately reflects the company’s overall objectives. This will guarantee that every link in the supply chain functions as a whole to deliver your products to customers and enable you to turn a profit.

  • Tactical Level

All of the supply chain’s short- and medium-term choices are made at the second level of supply chain management. The more specific processes are typically outlined at this level, even as the strategic level handles the broad and “big-picture” decisions. Here, production procedures will be established to guarantee that a high-quality product may be produced for the least amount of money.

Decisions made at the tactical level are crucial for reducing risks and regulating expenses. Here, achieving the best overall end value and meeting client demand are the main priorities.

The choice of whether to manage transportation, warehousing, and inventory logistics in-house or externally can also be chosen at this level. These choices may alter depending on location, transit costs, cost of land ownership, etc.

  • Operational Level

The most frequent form of supply chain management is this one. It is the location of daily operations, decision-making, and planning for the supply chain. When making operational-level decisions, businesses and manufacturing facilities sometimes overlook the tactical and strategic level.

Operational decision-makers must carefully weigh their options and make choices that are consistent with the overarching strategic and tactical choices that have been made. Operations managers must make hundreds of decisions every day to deal with everything unexpected that comes their way, even though higher-level decisions are made with the purpose of developing favourable procedures throughout the supply chain. The most effective choices are those made in the strategic and tactical framework.
Daily and weekly forecasting for resource and capacity planning, logistics monitoring to make sure that there is enough inventory on hand and that materials are accessible in time for production, are just a few elements of operational-level management. In the case that the manufacturing facility gets material that is regarded to be of low quality, which would impair the overall quality of the items being produced, other decisions include resolving damages or losses with suppliers.

Any industrial business must be aware of the three supply chain management levels. Logistics and Supply Chain Management Courses in Kerala are very helpful in understanding more about SCM.



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