Operations and Supply Chain Management (OSCM) encompasses a broad range of functions involving sourcing, forecasting, operations planning, materials management, distribution, retail, logistics, and order fulfilment. It covers both the manufacturing and service industries.
Today, the global SCM and Logistics market is projected to reach nearly $13,000 billion by 2027, with India emerging as one of the key players in the industry. As per estimates, India’s supply chain and logistics market will reach $307 billion by the end of 2021. And during the upcoming decade, the global supply chain management market is expected to more than double in size. In the current economic scenario, where India OSCM sector is experiencing an increasing influx of domestic and international capital, the growth of businesses depends on robust OSCM strategies to improve value, efficiency and profits.
Evolving Skill Requirement in OSCM
Modern supply chains represent complex systems of organisations, human resources, activities, data, and technologies to move a product or service to the end customer. The systemic shifts in the industry have necessitated coordination between various business functions to ensure seamless efficiencies and business growth. Therefore, the domains of operations and SCM are more digitally aligned than ever before. And with traditional linear supply chains transforming into interconnected supply networks, there is a growing demand for qualified OSCM professionals with cross-functional knowledge of business operations.
Operations and Supply Chain Management has become an integral part of every business model, and as such, dedicated courses and programmes on OSCM are finding a prominent place in prestigious Indian institutes. India’s top-tier institutions are offering customised executive education programmes to professionals who seek to advance their careers in OSCM. Foremost among pedigreed institutions offering prospective learners a roadmap into the world of OSCM is IIM Kozhikode.
IIM Kozhikode’s Executive Post Graduate Certificate in Operations and Supply Chain Management (EPGCOSCM) offers aspirants a rich understanding of advanced OSCM concepts like Quantitative Techniques in SCM, Design Thinking, Project and Supply Chain Management, Simulation and System Dynamics, Lean Systems, Six Sigma, Operation Strategy, etc. Designed by a faculty body with a stellar record of research, teaching and industry engagement, EPGCOSM enables participants to understand the key issues pertaining to OSCM and equips them with the tools to steer their organizations towards greater operational and supply chain optimality.
Operations and SCM in a Post-Pandemic World
COVID-19 has caused rapid shifts in consumer behavior, which has led to enormous issues for the operations and supply chain industry. Within any production facility or organization, it is crucial for business leaders to have an adequate strategy to prepare for unexpected disruptions and ensure that production runs smoothly. Aspiring OSCM leaders will also have to master the art of demand forecasting to factor in any potential long-term changes in consumer behavior.
Amidst massive growth predictions and novel challenges, professionals with specialization in supply chain clubbed with knowledge of operations will have the upper hand to transform their organizations in the post-pandemic world. Candidates with expertise in OSCM can hope to have lucrative career opportunities in e-commerce, retail, manufacturing, FMCG, healthcare, automobile, consulting, and many other sectors.
To know more: https://timestsw.com/course/iim-kozhikode-executive-post-graduate-certificate-in-operations-and-supply-chain-management/
You may have heard the terms "Thatcham approved GPS tracker" "Category S7 GPS tracker" or "Category S5 car tracker" in your search for a suitable GPS tracker system for your vehicle.
You probably will also have seen list upon list of confusing features that these systems possess.
Don't worry, ineedatracker.com are on hand to help you understand what these certification standards mean.
To provide context, let's first explain who Thatcham Research are.Thatcham Research CentreTo provide you with a bit of background, Thatcham Research is an independent testing facility based in Thatcham, England and have 50 years experience in evaluating car safety and security.
Their Security Certification is a robust verification programme for the assessment and recognition of automotive security products which is recognised by the insurance industry.The certification concentrates on verifying functionality, design and performance of a product through the testing of these products against a pre-set list of requirements to provide an objective evaluation of its capabilitiesS7/CAT 6 Certified TrackersFor the purposes of vehicle trackers, systems that achieve category S7 certification (sometimes referred to as S6) are regarded as stolen location systems that are activated once a vehicle has been stolen and enable the vehicle to have its location tracked.S5/CAT 5 Certified TrackersGPS tracker systems certified as S5, formerly known as Cat 5, are equipped with additional security features which means that they will pro-actively alert the Monitoring Centre, if the authorised driver recognition system is not in place when the vehicle is moved.
S5 Plus TrackersS5 rated systems which are advertised as "Plus" trackers are not part of Thatcham's certification programme but indicate to customers that these systems will generally have the remote immobilisation feature built in.
