Supply Chain Management (SCM) is considered a value-add for business operations as it helps achieve maximum customer value and sustainable competitive advantage, making SCM professionals quite sought after and their role, supremely important.
“The biggest limitation for supply chains is no longer technologies and what they can do, but rather the imagination of the people who leverage them.” – Chris Foster, KPMG
India’s Supply Chain Ecosystem: Growth Drivers
India’s Promising Logistics Industry
SCM is a critical function that has a significant bearing on the twin goals of operational efficiency and customer responsiveness, thereby shaping the overall success of an organization. This program is designed to enhance the capabilities of supply chain professionals to achieve performance excellence. It covers a focused set of relevant and contemporary SCM topics such as sourcing strategy, forecasting & inventory management, sales & operations planning, supplier management & development, logistics & distribution planning, and supply chain analytics. It also provides participants an introduction to advanced topics such as sustainability, reverse supply chains, performance based contracts, service supply chains, and Industry 4.0 impacts.
COVID-19 has impacted global supply chains across many industries and sectors. In the aftermath of the global pandemic, experts suggest building smarter global supply chains by leveraging the power of technology, to be prepared for future disruptions. A professional certification in SCM prepares you to partake in building smarter global supply chains of the future.
The programme is organized into the following set of focused modules equipping the participants with the necessary models, tools, and application knowledge to enhance their professional capabilities.
Module-1: Modeling & Analytics Tools
• Basics of Statistics – Distributions, Comparisons, Regression
• Data presentation, interpretation, and visualization
• Basics of Linear programming and optimization
• Spreadsheet modeling of Descriptive and predictive analytics
• Spreadsheet modeling of Prescriptive analytics
Module-2: Operations Management
• Capacity planning and management
• Sales & Operations planning (S&OP)
• Enterprise resource planning (ERP)
• Toyota Approach – JIT and Lean Operations
• TOC Approach – DBR, Synchronous Manufacturing, Batch sizing, Flow balancing
Module-3: Forecasting & Inventory Management
• Forecasting models
• Monitoring and controlling forecasts
• Inventory models I – Deterministic models, Continuous review systems, Safety stocks
• Inventory models II – Stochastic models, Periodic review systems, Newsvendor model
• Managing stores and Product lifecycle management (PLM)
Module-4: Supply Chain Management
• Supply Chain Strategy & Design
• Drivers & Metrics in supply chain – SCOR Model
• Supply Chain Planning
• Supply Chain Coordination
• Supply Chain Contracts
Module-5: Strategic Sourcing
• Procurement and sourcing management
• Developing supply strategies
• Supplier relationship management
• Supplier governance & risk management
• Performance based contracts (PBCs) in supply chains
Module-6: Logistics & Distribution planning
• Facility Location and Network Design
• Warehouse Management
• Distribution Planning
• Transportation and Delivery Planning
• Logistics Outsourcing
Module-7: Supply Chain Analytics
• Performance Management – KPIs visualization & reporting
• Supplier selection & evaluation
• Supply Network Optimization – Value Stream Mapping (VSM)
• Supply chain Risk Management
• Supply chain fraud detection & management
Module-8: Advanced SCM
• Sustainability in supply chains
• Ethical issues in Management of supply chains
• Reverse supply Chains
• Management of service supply chains
• Industry 4.0 in supply chains
• A mix of lectures, case-based discussions and simulation games.
• Participants are required to read various course materials (a mix of class lecture notes and pre-reads), assimilate and participate in the class discussions.
• Course evaluation will involve an online exam for each module.
• Participants will be expected to participate in business simulation games that will involve application of the concepts/models learnt in the programme.
• Participants will get an exposure to Microsoft Excel while solving several supply chain problems.
• Participants will also be asked to undertake an application project (preferably from the organisation where they are working) to demonstrate the understanding of the concepts learnt in this programme.
• Providing an overview and conceptual understanding of SCM and the associated sub-functions
• Introducing participants to both theoretical models and applications in the area of SCM
• Understanding the importance of sourcing or procurement decisions and how to identify, evaluate, coordinate, develop, and manage a supplier
• Understanding the contemporary tools and techniques on supply chain analytics for improving the performance of supply chains
• Creating awareness about emerging themes/trends in the area of SCM
• Hybrid mode of delivery with two in-campus modules and the rest delivered in a synchronous learning mode via a studio infrastructure
• The two in-campus visits will be of 3 days each at the start and end of the program, at IIM Tiruchirappalli campus
• The synchronous learning classes will be spread over 45 weeks with typically 3 hours of contact time per week
• Online classes will be held over Direct-to-Device (D-2-D) platform wherein online interactive lectures get delivered to your desktop/laptop/mobile
The programme will be conducted over a period of 12 months with classes held once every week.
Timings: 6:45 pm to 10:00 pm
Who Should Attend
This programme is highly suitable for:
• Those who plan to pursue a career in Supply Chain Management, but lack the basic knowledge
• Working professionals or aspiring executives desiring to pursue managerial or leadership roles in the organization and/or industry
• Young executives working in any type of organization
• Bachelor’s Degree, with at least 50% marks or equivalent CGPA (45% in case of the candidates belonging to SC/ST/PWD) awarded by
1. Universities incorporated by an act of the central or state legislature in India or other educational institutions established by an act of Parliament or,
2. Institutions declared to be deemed as a University under Section 3 of the UGC Act, 1956, or,
3. Possess an equivalent qualification recognized by the Ministry of HRD, Government of India
• Minimum post-qualification experience of 3 years is desirable
• Reservations will be provided to eligible candidates as per Government of India norms
The selection will be based on an assessment of the candidate’s profile