TimesPro Post Graduate Diploma Program in Logistics & Supply Chain Management - Mumbai

A Supply Chain is a network of suppliers, manufacturers, and retailers along with intermediaries including brokers, warehouses, freight companies, etc. which work in tandem to complete the manufacture-sale-delivery cycle. A more efficient and streamlined supply chain management process can help organisations to minimise costs, maximise customer value and achieve a sustainable competitive advantage over their rivals.

Supply chain management is the backbone of every organisation, irrespective of the size of the production or the business.  From controlling the movement of materials or products throughout an organisation to maximising customer value and achieving efficiency and profitability –  supply chain management covers all essential functionalities.

With industry 4.0, sudden acceleration is witnessed in the entire process of the supply chain. Businesses from across the globe have been evolving for decades and today it has moved way beyond. Gone are the days when businesses relied exclusively on physical stores. Today businesses both big and small are shifting to the online platform to conduct online marketing, sales other activities in order to stay relevant in the competitive market. Thus,  skilful planning of effective execution and communication with targeted consumers has a lot to do with Supply Chain Management. To keep up with today’s evolving market, organisations are in a process  of recruiting skilled business professionals who can optimise customer experience, gauge satisfaction, identify foot traffic trends, implement new process models, etc to ensure organisational growth.

Major benefits of Supply Chain Management 

• Ability to predict and meet customer demand;
• Better supply chain visibility, risk management, and predictive capabilities;
• Eliminates  process inefficiencies and reduces product waste;
• Improvements in quality;
• Increased sustainability, both from a societal and an environmental standpoint;
• Lower overhead;
• Improvements in cash flow; and
• More efficient logistics

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