Master of Supply Chain Management and Logistics

Organizations now require a practitioner who has detailed knowledge about the logistics and supply chain to maintain the smooth functioning of their firm. As there has been an evolution in the market since then there has been a focus on increasing and optimizing logistics and supply chain to serve the customers better. The Master of Supply Chain Management and Logistics certification is designed to evaluate candidates in different skill areas and also inculcates knowledge about how to be an effective logistics and SCM professional.

Why become a Master of Supply Chain Management and Logistics?

For students and professionals who plan to work in logistics, this course is an incredible opportunity for them as there has been so much growth in e-commerce and globalization. This certification will cover all the areas of logistics and supply and supply chain as logistics- logistics and SCM management, warehousing and inventory management, distribution management and strategics logistics and SCM. Supply chain management and logistics master certification will examine you on the key logistics and SCM capabilities needed to function as a senior executive.

Who should take this certification?

Gaining knowledge on the surface of logistics and SCM will portray you as a skilled professional. This certification will boost your confidence and will lead you towards becoming a good leader for the organization. This certification will open the doors of employment opportunities and help you get a better role in the firm. Senior managers, students, executives, and senior executives this certification is introduced for all of these professionals.

Roles and Responsibilities of a Master of Supply Chain Management and Logistics

With a job comes a lot of responsibilities and this certification is not any normal certification exam, this is for the role of one of the important employees of the company. Hence let’s see what are the tasks that this professional undertakes.

1. They try to change and develop their product according to the customer’s demand.
2. They outline the logistics of the supply chain, each component within that logistics model stays focused, reduces costs and moves rapidly and efficiently which results in higher customer satisfaction.
3. They function in integral parts of a solid logistics management system
4. They get the right product to the right place at the right time
5. They help improve optimisation and reduce costs
6. They help with the transportation and warehousing for the products

Benefits of taking Vskills Certification

Vskills being India’s largest certification providers gives candidates access to top exams as well as provides after exam benefits. This includes:

• The certifications will have a Government verification tag.
• The Certification is valid for life.
• Candidates will get lifelong e-learning access.
• Access to free Practice Tests.
• Candidates will get tagged as ‘Vskills Certified’ On Monsterindia.com and Shine.com

Exam Details

• Exam Duration: 60 minutes
• Vskills Exam Code: VS-1440
• Number  of questions: 50
• Maximum marks: 50
• Passing marks: 25 (50%)
• Exam Mode: Online
• There is NO negative marking in this module.

Course Details

Logistics and SCM Management

Introduction to Logistics

• Concepts of Logistics
• Evolution of Logistics
• Objectives of Logistics
• Elements of Logistics
• Forms of Logistics Management
• Logistics Processes
• Issues and Challenges
• Logistics Intermediaries
• Integrated Logistics
• Logistics Sector in India

Supply Chain Management

• Supply Chain Basics
• SCM Evolution
• SCM as Competitive Advantage
• Modern SCM Concepts
• Supply Chain Strategy
• Demand Management
• Demand Forecasting
• The Bullwhip Effect
• Supply Chain Outsourcing
• Global Supply Chain Management
• SCOR Model

Integration with Business Processes

• Relationships with other corporate functions
• Business Process Integration
• Logistics and Customer Service.
• Logistics and Marketing
• Critical Success Factors
• Metrics for Integration

Logistics Planning

• Logistics Strategy
• Logistics Design
• Logistics Planning

Logistics Modeling

• What is modeling?
• What is Logistics Modeling?
• Modeling Techniques
• The Modeling Process
• Computer Simulation in Logistics

Theories of Logistics and Supply Chain Management

• Systems Approach
• Resource-Based View Theory
• Knowledge-based view (KBV)
• Strategic Choice theory (SCT)
• Principle Agency theory (PAT)
• Systems theory (ST)
• Transaction Cost Economics
• Game Theory
• Available-to-promise (ATP)
• Theory of Constraints

Supply Chain Modeling

• Deterministic Analytical Models
• Stochastic Analytical Models
• Economic Models
• Simulation Models

Tools and Techniques for Logistics and SCM

• CPM/PERT
• Operations Research
• Linear Programming
• MRP and MRP II
• ERP
• JIT
• Reports
• Barcoding and Mobile Systems

Quality Management

• Quality Basics
• Product vs Service Quality
• Quality Management
• Quality Principles
• Quality Management Methods
• Base Lining
• Benchmarking
• Value Analysis (VA/NVA)
• TQM
• PDCA
• Six Sigma
• Lean
• 5S
• Cause-and-Effect Diagram
• Quality Metrics

Sustainability

• What is Sustainability
• Pillars of Sustainability
• Sustainable SCM
• Sustainability Models

Future Developments

• E-Commerce
• E-procurement
• Big Data
• Internet of Things (IoT)
• Automation and AI
• Warehouse Automation

Preparation Guide for Master in Supply Chain Management and Logistics Exam

The following preparation guide is your carrier towards your goal hence we cannot neglect it. A guide is capable of showing you the right direction with eighth steps although you may get lost, but this guide will make sure that you stay on track always. To make sure that you are following the right resources you must always refer to a preparation guide. This guide ensures the best resources and makes you prepare well for the examination.

Step 1 – Review Exam Objectives

The smart way to start your preparation is by getting to know your domains first clearly. It helps you to assess the areas that you already have knowledge about, and where you still have to work on. This boosts your preparation and makes you take the right steps in your preparation process.

• Logistics and SCM Management
• Freight Transport
• Procurement and Materials Management
• Warehousing and Inventory Management
• Distribution Management
• Strategic SCM and Logistics

Refer: Master of Supply Chain Management and Logistics Brochure

Step 2 – Learning with Books

Books will help you with sharpening memory and motivates you to focus throughout the learning session. You won’t understand the main topic unless you go through a book. It also enhances your imagination power and gives you a new perspective for the topic. Referring the best books for the examination will increase your knowledge in this domain. The top 3 books for this certification are as follows

1. Supply Chain Management: A Logistic Approach by John J. Gayle. This book gives you a logistic perspective regarding the blending of logistic theory with pragmatic application. It will help you gain knowledge about supply chain management, also considering the global changes that take place.

2. Essentials Of Supply Chain Management by Michael Hugos. This book shows tips and techniques that can change a supply chain into a source of competition at its maximum optimization. This book is highly recommended for this certification.

3. Supply Chain Management – Strategy, Planning, And Operation by Sunil Chopra. There are various case studies present in this book that are very useful for a person to understand the research interests lies in supply chain and logistics management.

Step 3 – E-learning and Study material

You can’t learn everything from one resource, but it is possible with E-learning. It is the smartest source of learning that leads us to our aim. E-learning is time-efficient and helps grab knowledge faster and easier. Most people today refer to online learning as it is now a comfortable source of learning. Vskills offers you its E-Learning Study Material and its hard copy as well, to supplement your learning experience and exam preparation. Moreover, this online learning material is available for a lifetime and is updated regularly. 

Step 4 – Check your Progress with Practice Tests

Finally, the last step is to self assess yourself through practice tests. Practice tests will analyze your areas where you are still weak and need more practice and according to that you can work on your preparation. It inbuilds Confidence and makes us aware of the exam atmosphere which is an advantage. At any level of examination, practice tests are always the finest way to evaluate your preparation, therefore don’t miss out on that.

Elevate your chances to grab brighter career opportunities, by becoming a Master of Supply Chain Management and Logistics. Start Practicing Now!