Are you looking for the best supply chain management and logistics courses in Canada. This article will help you understand the benefits of studying the course in Canada
Canada is considered as the popular study abroad destination for International students, because of the benefits and favours provided by the Canadian Government. Furthermore, educational institutions in Canada have stood majestically for years, supporting the student community.
Most Canadian universities have been in operation for more than 50 years. Some establishments have been in operation for more than a century. Institutes in Canada are living up to their mission of providing excellent education possible to all of their students.
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Supply Chain Management and Logistics
A business process has two major characteristics: supply chain management and logistics. They play a significant role in an industry’s procurement. They are in charge of the transportation of goods and services from one point to another. Supply Chain Management is the integration and management of an organization’s supply chains.
The economy of an industry is determined by Supply Chain Management and Logistics. The goal of Supply Chain Management and Logistics is to handle the efficiency and productivity of any manufacturing industry.
Supply Chain Management
The flow of goods and services, stockpiling and movement of commodities, inventory for the production process, and finished products are all dealt with by supply chain management. To organize and bring up the various processes involved in Supply Chain Management, there are nearly 13 SCM tools. Among the critical SCM operations are the following:
- Sourcing
- Materials Management
- Operations planning
- Distribution
- Demand forecasting
- Order fulfilment
- Compliance and audit
These operations comprise the Supply Chain Management process.
Logistics
Logistics is the process of organizing the storage and transportation of resources in any industry. A logistic manager ensures that the right goods are delivered to the right place at the right time and the right price. Among the many logistics applications are:
- Transportation
- Monitoring the flow of goods
- Warehousing
- Stock Control
Logistics aids in reducing the cost and time required to transport products from one location to another. It is concerned with economically transporting goods and integrating the transport of goods.
This is a business-oriented course that acts as a liaison to connect business processes inside and outside other companies. This creates a powerful business model.
Canada has recognized the importance of SCM and logistics in the global marketplace and has introduced it as a separate discipline for individuals to pursue advanced training in this area. This is an area of changing needs and sensibilities and best suited for candidates who are passionate about doing business.
Supply Chain Management and Logistics courses are being offered by more universities in Canada. SCM and Logistics are related to the following fields and courses;
- Process analysis
- Warehousing and transportation
- Inventory Management
- Fundamentals of management theory
- Supply chain strategies
- Global Logistics
Through courses in the field of Supply Chain and Logistics, a candidate would improve their vertical growth and professional skills as well as their pay scale and job skills.
Levels of education
The levels of education is included in the Supply Chain and Logistics
- Diploma
- Under-graduation
- Post Graduation
Candidates who opt for a diploma or undergraduate degree must have completed their 12th grade, while those opting for a postgraduate degree must hold a bachelor’s degree or a diploma from a recognized university. The candidate must also possess relevant work experience.
Career pathways in supply chain and Logistics
Those with a degree in SCM and logistics can become professionals in the following fields;
- Production Operative
- Quality Manager
- Purchasing Manager
- Production Warehouse Manager
- Maintenance Operative
- Source Manager
Benefits of studying supply chain and Logistics
Canadian universities and colleges deliver world-class education because the country places a high value on education. Furthermore, international students are better catered to in this country. A student could benefit from studying in Canada by acquiring the following skills;
- High life standards but finest living cost
- Gain Real-World work experience and world-class education quality
- Living in a Multicultural Society
- Get first-rate education at an inexpensive cost
- Providing direct permanent residence gateways
- Studying in a top-notch university or college in the world
- Globally acknowledged degree
Logistics and Supply Chain Management have a great deal of importance in Canada and worldwide.