Gone are the days when only a handful of people used to shop online. Today the e-commerce sector has penetrated significantly in even small cities across the nation. This year, it is expected that we will witness a growth of 21.5% in the e-commerce sector in India. E-commerce websites have come a long way from just a few players in this domain to an entire industry with thousands of websites selling millions of products worldwide.
This growth has led to numerous competitive e-commerce businesses. There are more than 19,000+ e-commerce companies in India, and all are selling different products or a variety of products. Each of them is trying to offer the best offers and prices to the consumers in order to lure even more consumers to their web page. The Top e-commerce courses in India aim at preparing young aspirants to become job-ready and grab lucrative jobs in well-known companies.
Role and Benefits of SCM in E-Commerce (article index)
- Future of Supply Chain Management in the e-Commerce Sector
- Latest e-Commerce Trends and Effects
- Why Supply Chain Management in e-Commerce Sector a Great Career Choice?
- PGP in e-Commerce and SCM Course – Features and Benefits
- Future of Supply Chain Management in the e-Commerce Sector
- Transparency: With a streamlined supply chain process, it becomes easier to have detailed tracking and management of all the processes involved in a business. An SCM manager can closely monitor each step of supply, production, warehousing, and distribution and invigilate the ongoing activities transparently.
- Speedy deliveries:Timely delivery only makes the customer happy and makes them shop again; however delayed deliveries may leave a negative impact on the consumers.
- Cost-Reduction: Reduction in cost via enhanced efficiency is the primary role and benefit of SCM in e-commerce.
- Data Analysis:Better data analysis is felicitated by SCM in the E-commerce industry for more accurate decisions.
- Returns and exchange:Smooth reverse logistics operations are also possible.
- Latest e-Commerce Trends and Effects
More E-Commerce Stores coming up: It might look as if this boom in this industry is at its peak, but we need to understand that this is not the peak yet. More e-commerce websites and stores are to come, which will only increase the demand for supply chain managers.
Growing inclination of people toward online shopping: There is a growing trend to purchase online. The pandemic has also played a significant role in this. In 2019, 135 million did online shopping, and this number increased to 150 million in 2020.
Innovation in Delivery: With the high competition, every e-Commerce store tries to do something innovative to lure more consumers like morning deliveries, 30-minute delivery, same-day delivery and more.
Process Improvement: With the introduction of AI, Blockchain and barcoding, the overall experience of buyers is increasing exponentially. Delhivery, one of India’s leading businesses in logistics, has decided to enter into a drone delivery system. The company will be working along with Transition Robotics Inc.
Technological Advancement: This trend is something to look forward to. Several big players have started testing deliveries using drones, reducing the delivery time significantly. The use of RFID, WMS and data analysis has only helped the e-commerce platforms to attract and reach a wider consumer range by using the appropriate data.
○ Supply Chain Analytics: The use of supply chain analytics has helped businesses grow by helping them to find more accurate data and make better predictions. This, in return, helps them to construct and maintain a better supply chain.
● Better distribution and warehousing: These are being emphasised for better efficiency and keeping in mind all the technological advancements in this domain.
- Why Supply Chain Management in e-Commerce Sector a Great Career Choice?
● Rapid Growth: Logistics is a rapidly growing industry, and we saw its potential during the pandemic when every industry was in trouble. This was the only industry doing profitable business. As per an estimate, the SCM industry will growat a rate of 9 to 10 per cent in the coming years. The SCM market in India was projected to reach almost $300 billion by 2021.
● High Pay: The average annual salary of a supply chain manager in India is estimated to be ₹13.0 lakh. The estimated take-home salary can range from ₹3.8 lakh to ₹26.0 lakh depending on experience and expertise.
● International Travel: This domain gives immense opportunities to the employees travelling internationally as the manager is responsible for maintaining good relations with the vendors either virtually or physically.
● Industry Options: This industry is not only limited to supply chain management but to a variety of job options like warehousing, wholesaling, postal services and any other sub-sector.
● Low entry barrier: This profession does not ask for high educational eligibility. All one needs is appropriate and relevant skill sets of a good manager; and once someone enters this domain, the sky is the limit for growth.
Why SCM roles are going to be in demand?
Supply Chain Management roles will be in demand in the coming future. As discussed above, this field will only grow exponentially in the coming years. The upcoming demand will force both the small and big organisations to improve and upgrade their supply chain, for which they will be required to hire more supply chain professionals for various functional areas like procurement, planning, inventory, warehousing, finance, and sales, distribution, etc.
- Post Graduate Programme in e-Commerce and SCM – Features and Benefits
The online courses in Supply Chain Management in India by TimesPro offers a unique learning experience. The pedagogy has been prepared as per the industry requirement, thus making it beneficial for every student. The most prominent benefits that one may gain from this the may short-term e-commerce courses in India are as follows:
● Manage Supply Chain Planning
● Turn into a Procurement and Inventory Specialist
● Know about ERP and advanced excel toll
● Develop decision-making strategies
● Become an expert in Logistics Functions
● Understanding e-commerce operations, AI and Barcoding
Key Features of Timespro’s SCM Course.
The following features make Post Graduate Programme in e-Commerce and Supply Chain Management (PGPESCM) the best course in logistics and SCM.
● An award-winning education initiative of The Times of India Group
● A professional educational course aimed at bridging the skill-gap
● Custom-design professional course for career excellence
● Placement assistance across e-Commerce, Logistics and SCM
● A remarkable record of placing 13,500+ students across TimesPro programmes
● Makes candidates eligible for popular job roles in SCM
● Covers advanced e-Commerce and Supply Chain topics
● 3-months intensive training by experts
● Teaches Blockchain, Barcoding, Drone Technology, WMS, Data Analytics and RFID
● Built-in industry certifications and practical training
A diploma in Supply Chain Management will give one the access to the most comprehensive learning experience. Post-completion of this online e-commerce course, one will be able to apply for various supply chain management jobs. Know more about the short-term programme in Logistics.
To know more: https://timespro.com/course/post-graduate-programme-e-commerce-supply-chain-management/