Friday, May 15, 2020

How to be a part of a billion-dollar Supply Chain Industry?

Supply chain management is the oversight of a set of affiliates of organized businesses built in a fixed position of a parcel of essential goods and services created by the customer. Supply management is a commercial complement to all the progress of raw materials and storage space, work-in-process stocks and place of use. Supply chain management includes expertise tools or modules used to deal with software, manage supplier associations, and oversee linked commercial processes.


Successful SCMs need to transform from managing individual tasks to integrating into key supply chain processes. An example scenario: order according to the requirements of the purchasing department. The marketing department, in responding to customer needs, consults with many distributors and retailers as it seeks to establish a way to meet this need.

Freight forwarder activities 

The six most important activities in the progress of the supply chain management study can be seen: creation, integration, phases one and two of the globalization speciality, and in the professional curriculum of SCM 2.0. Supply chain action involves shared functions, including buyer and supplier, joint product development. Common SCM problems include distribution strategy, network configuration distribution, logistics activities, trade-offs, information, inventory management and cash flow.

The courses for freight forwarder typically include inbound and outbound transportation management, fleet management, warehousing, material handling, order fulfilment, logistics network design, inventory management, supply/demand planning, and third-party logistics services.

If supply chain management is in a global nature, there are many other challenges besides the current problems, as the lead time is very long. The functions of supply chain management can be classified into different levels such as strategic, tactical and operational.

An overview of a Freight forwarder

Freight managers are responsible for managing the processes involved in the supply chain, liaising with a wide variety of parties, including raw material suppliers, manufacturers, retailers and consumers. In general, this is usually a two-way process. Logistics managers coordinate these processes to satisfy customers. 

The freight forwarder will be expected to be aware of external influences such as legislation, fuel costs and environmental pressures, and a strategic response to ensure that his duties are performed successfully. The role of distribution manager can be applied in logistics to ensure structures for transport, stock control, storage and monitoring of the flow of goods and materials. Information technology is an integral part of the logistics sector in predicting increasingly complex systems of stock level, delivery time, transportation costs and performance appraisal.

The responsibilities of the freight forwarder 

The responsibilities of a freight forwarder may vary in terms of a specific job role and whether there is a manufacturer, retailer or specialist service provider operating in the company. There are many duties to support the smooth and efficient operation of supply chain processes, and general work activities will mainly include:

  • Inspection and storage of goods quality, quantity, cost and efficiency.
  • Coordination and control of order cycles and associated information systems
  • Data analysis to monitor performance and planning improvements and demand
  • Allocation and management of staff resources as per fluctuating requirements
  • Meetings and negotiations with customers and suppliers
What are the roles of a Freight forwarder?

Growing a business by acquiring new contracts, analyzing logistics problems and providing new solutions. When the logistics manager manages the warehouse or transportation staff, his role may include:

  • Implement health and safety procedures.
  • Managing staff training problems
  • Encourage other team members
  • Project management
  • Establishment of objectives
formal qualifications are always required. It is possible for anyone to pursue a logistical career at a junior position, for example, as a transport clerk, and move on to management in the ranks with training and experience. However, in this situation, the prospective logistics manager is expected to have a diploma or degree in a subject such as international transport, logistics, supply chain management, transportation management or geography. Some other professional degree and diploma courses may also be used.

Final thoughts 

To enter a degree program in logistics it would normally be required that you have A levels/three H grades and five GCSEs/S grades (A-C/1-3), or equivalent qualifications. For HNCs/HNDs, a person will typically need one A level/two H grades and four GCSEs/S grades (A-C/1-3), or an equivalent qualification. Additionally, it is possible to study on a Foundation degree in Logistics and Transport.

It is also possible to study the foundation's degree in logistics and transport with leading institutes like JBS Academy to obtain certificate iv in international freight forwarding. Some will pursue related higher degrees, such as an M.Sc. in Transportation Management, an M.Sc. in purchasing and Supply Chain Management or M.Sc. in Logistics.

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