SUPPLY CHAIN & OPERATIONS

Supply Chain & Operations

Supply chain management (SCM) involves complex activities to maximize

customer value and enhance the production flow of goods and services.

This field presents diverse career opportunities in logistics, sales, inventory management,

quality assurance, procurement and transportation.

Procurement & Sourcing

The practice of procurement involves allocation resources – or spend – to procure all necessary items to produce your product. Categories of spend are diverse and cover raw materials, components, packaging, and finished goods on the Direct procurement side.Professional sourcing is also a rapidly growing field that attracts a broad array of skill sets, from purchasing agents to wholesale and retail buyers, and even certified purchasing professionals.

Qualifications: Bachelor's in Supply Chain Management/Business.
Expected Salary: ₹5,00,000 - ₹10,00,000.
Top Private Companies: Tata Steel, Mahindra & Mahindra.
Government Companies: Hindustan Aeronautics Limited (HAL), Indian Oil Corporation.
- Expected Salary: ₹5,00,000 - ₹9,00,000.

Key responsibilities:

Supplier Management:

Identify and evaluate potential suppliers.
Develop and maintain relationships with vendors.

Contract Negotiation:

Negotiate terms and conditions of contracts with suppliers.
Ensure favorable pricing and terms for the company.

Purchase Planning:

Plan and forecast procurement needs based on business requirements.
Create purchase orders and manage inventory levels.

Cost Management:

Monitor and control procurement costs.
Identify cost-saving opportunities and implement strategies.

Quality Assurance:

Ensure that purchased goods and services meet quality standards.
Address and resolve quality issues with suppliers.

Compliance:

Ensure procurement processes comply with company policies and regulations.
Adhere to legal and ethical standards in procurement activities.

Market Research:

Research and analyze market trends and supplier capabilities.
Stay informed about industry developments and pricing trends.

Performance Tracking:

Monitor supplier performance and assess reliability.
Implement metrics to evaluate supplier effectiveness and procurement efficiency.

Career Outlook:

Procurement offers dynamic, impactful work, fostering skills in negotiation, global sourcing, and sustainability, driving meaningful change and innovation.

Research Links:

Logistics & Distribution

Overseeing the movement and storage of goods.People in the logistics field work to facilitate the transport of goods and services to meet consumer demand. Logistics is a broad industry with many job opportunities.

Qualifications: Bachelor's in Logistics/Supply Chain.
Expected Salary: ₹4,00,000 - ₹9,00,000.
Top Private Companies: Blue Dart, Delhivery.
Government Companies: Indian Railways, Air India.
- Expected Salary: ₹4,00,000 - ₹8,00,000.

Key Responsibilities:

Supply Chain Coordination:

Manage the flow of goods from suppliers to customers.
Coordinate with suppliers, manufacturers, and retailers.

Inventory Management:

Monitor and control inventory levels to ensure optimal stock.
Implement inventory tracking systems and processes.

Transportation Management:

Organize and oversee the transportation of goods.
Optimize routes and manage transportation costs.

Warehouse Management:

Oversee warehouse operations including storage, picking, and packing.
Ensure efficient use of warehouse space and equipment.

Order Fulfillment:

Ensure timely and accurate processing of customer orders.
Monitor order status and resolve any issues or delays.

Logistics Planning:

Develop logistics strategies to improve efficiency and reduce costs.
Plan and implement logistics processes and workflows.

Supplier & Vendor Relations:

Manage relationships with suppliers and distribution partners.
Negotiate terms and resolve issues related to logistics and distribution.

Compliance & Documentation:

Ensure compliance with regulations related to transportation and logistics.
Maintain accurate records and documentation for shipments and inventory.

Career Outlook :

Logistics has taken the business world by storm as one of the most rewarding fields. From global supply chain to inventory management, logistics provides exciting opportunities with great benefits like high salaries and excellent growth potential. With its wide range of specialties for any skill set, knowledge base, or experience level, anyone can pursue a successful career in logistics.

Research Link:

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Inventory Management

Qualifications: Bachelor's in Supply Chain/Business.
Expected Salary: ₹4,00,000 - ₹8,00,000.
Top Private Companies: Amazon, Flipkart.
Government Companies: Food Corporation of India (FCI).
- Expected Salary: ₹4,00,000 - ₹7,00,000.

Key Responsibilities:

Stock Monitoring:

Track inventory levels to ensure stock availability.
Use inventory management systems to update and maintain stock records.

Inventory Planning:

Forecast inventory needs based on sales trends and business demands.
Plan and schedule stock replenishment to avoid shortages or overstocking.

Order Management:

Place orders with suppliers for restocking inventory.
Monitor and manage purchase orders and supplier deliveries.

Warehouse Organization:

Organize and optimize warehouse layout for efficient storage and retrieval.
Ensure accurate labeling and categorization of inventory.

Inventory Audits:

Conduct regular physical counts and audits of inventory.
Reconcile discrepancies between physical counts and inventory records.

Cost Control:

Manage inventory costs and implement strategies to minimize expenses.
Analyze and reduce carrying costs and wastage.

Data Analysis:

Analyze inventory data to identify trends and make informed decisions.
Use data to improve inventory accuracy and forecasting.

Supplier Coordination:

Communicate with suppliers to ensure timely delivery and quality of goods.
Resolve issues related to inventory shortages or discrepancies.

Career Outlook:

Inventory management in India is booming due to e-commerce growth and expanding supply chains. There's a high demand for skilled professionals, offering strong career growth and advancement opportunities.

Research Link:

Production Planning

Qualifications: Bachelor's in Engineering/Manufacturing.
Expected Salary: ₹5,00,000 - ₹10,00,000.
Top Private Companies: Hindustan Unilever, Tata Motors.
Government Companies: BHEL, ONGC.
- Expected Salary: ₹5,00,000 - ₹9,00,000.

Key Responsibilities:

Production Scheduling:

Create and manage production schedules to meet demand.
Coordinate timing and sequencing of production runs.

Resource Allocation:

Allocate resources, including materials, machinery, and labor, to production tasks.
Ensure optimal use of available resources to meet production goals.

Demand Forecasting:

Analyze sales forecasts and market trends to plan production levels.
Adjust production plans based on demand fluctuations.

Inventory Management:

Manage raw materials and finished goods inventory.
Ensure sufficient inventory levels to support production without overstocking.

Production Efficiency:

Monitor production processes to identify and resolve inefficiencies.
Implement process improvements to enhance productivity.

Quality Control:

Ensure production processes meet quality standards.
Monitor and address quality issues in production.

Coordination with Departments:

Collaborate with procurement, logistics, and other departments to align production plans.
Communicate production schedules and requirements to relevant teams.

Reporting & Analysis:

Track production performance metrics and report on outcomes.
Analyze production data to make informed decisions and adjustments.

Career outlook:

Production planning in India is experiencing growth due to the rise in manufacturing and industrial activities. There's a high demand for professionals skilled in optimizing production processes, ensuring strong career advancement opportunities.

Quality Control

Qualifications: Bachelor's in Quality Assurance/Engineering.
Expected Salary: ₹5,00,000 - ₹9,00,000.
Top Private Companies: Tata Group, Mahindra.
Government Companies: Bureau of Indian Standards (BIS).
- Expected Salary: ₹4,00,000 - ₹8,00,000.

Key Responsibilities:

Inspection & Testing:

Conduct inspections and tests on products or processes to ensure they meet quality standards.
Identify defects and ensure compliance with specifications.

Quality Standards Implementation:

Develop and implement quality control procedures and standards.
Ensure adherence to industry regulations and company policies.

Problem Identification & Resolution:

Investigate quality issues and root causes.
Implement corrective and preventive actions to resolve problems.

Documentation & Reporting:

Maintain accurate records of quality control activities and results.
Prepare reports on quality metrics, non-conformities, and improvement initiatives.

Process Improvement:

Analyze quality control data to identify trends and areas for improvement.
Recommend and implement process improvements to enhance quality.

Training & Support:

Train employees on quality standards and best practices.
Provide support and guidance on quality-related issues.

Supplier Quality Management:

Evaluate and monitor the quality of products from suppliers.
Work with suppliers to address quality concerns and ensure compliance.

Compliance & Audits:

Ensure quality control processes comply with internal and external audits.
Participate in quality audits and follow up on audit findings.

Career outlook:

Quality control in India is growing rapidly, driven by increased manufacturing and regulatory standards. There’s a strong demand for professionals to ensure product quality, offering excellent career growth opportunities.

Supply Chain & Operations

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Procurement & Sourcing

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Logistics & Distribution

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Inventory Management

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Production Planning

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Quality Control

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