4 Tips For Effective Procurement After Logistics Management TrainingSeptember 14, 2023
For businesses to remain agile, competitive, and sustainable, procurement must be prioritized as much as distribution. Yet, many business owners mistakenly believe that the supply chain begins once goods are sourced and received, placing more emphasis on the transportation of finished products from the warehouse to the end user.
However, in their inventory planning process, neglecting to prepare for possible alterations in the procurement phase, such as production lead times or fluctuations in the pricing of raw materials, can result in unforeseen delays and disruptions further down the supply chain.
Effective procurement remains a vital cog in the wheel of successful logistics management as you move forward in your career after logistics training. Here are four crucial tips to enhance your procurement skills post-training.
1. Calculate Procurement Lead Times and Incorporate Them Into Reorder Points
Understanding lead times is the first step towards an efficient procurement process. Lead time refers to the time between placing an order and its delivery. While it might seem straightforward, it’s not just about considering the supplier’s delivery timeline. You should also account for any potential delays like customs checks, transportation issues, or holidays.
Incorporate these calculated lead times into your reorder points – the inventory level at which a new order should be placed. Doing so ensures there’s enough stock to meet demand while awaiting the new delivery. This proactive approach reduces stockouts’ chances, thereby consistently meeting customer demands.
2. Factor in Forecasted Demand to Procurement Planning
In logistics management courses, it is emphasized that demand forecasting is an invaluable tool in procurement. Predicting future demand enables you to tailor your procurement strategies to ensure you always have the correct quantity of stock on hand. It’s about more than avoiding stockouts; it’s also about not overstocking and incurring unnecessary storage costs.
Consider historical sales data, market trends, seasonality, and planned promotional activities to forecast accurately. Integrating this data will provide a clearer picture of future needs, allowing you to plan procurement activities with a higher degree of precision.
3. Track Raw Materials While in Transit
One of the key takeaways from logistics management training is the importance of visibility and tracking throughout the supply chain. This principle extends to procurement logistics as well. Once you’ve placed an order with a supplier, tracking the movement of raw materials or goods while they are in transit is crucial.
Advanced tracking technology and software can provide real-time information on the status and location of your shipments. This constant visibility allows you to monitor the progress of your orders, anticipate potential delays, and make informed decisions to mitigate any issues that may arise during transit.
By tracking raw materials in transit, you can maintain better control over your supply chain, reduce the risk of stockouts, and ensure that your procurement processes run smoothly.
4. Optimize Procurement Logistics As Learned In Logistics Management Training
Finally, after completing logistics management training, it’s vital to view procurement logistics as an integral part of your supply chain. Just as you optimize logistics’ transportation, warehousing, and distribution aspects, apply the same principles to procurement.
This means continuously seeking opportunities for improvement, optimizing processes, and leveraging technology to streamline procurement operations. Evaluate supplier performance regularly, negotiate favorable terms, and explore innovative procurement strategies, such as supplier collaboration and just-in-time inventory management.
Are you interested in earning a logistics management diploma?
Contact NATS for more information.
4 Essential Skills For Success After Logistics TrainingAugust 08, 2023
The logistics field is broad and challenging, playing a major role not only in the delivery of goods and services but everything related to the sourcing of raw materials, product development, storage, and transportation. Plenty of factors play a role in the logistics process and a wide range of specialized skills are required to keep up with demand and adapt to sudden changes in the business world. Our Supply Chain and Logistics Operations Program will prepare you to be a sought after professional in the field industry by helping you develop the following skills. Keep reading to see if you have what it takes to become a logistics professional and what skills we can help you develop.
1. Stay Calm Under Pressure For Success In Logistics Work
Because of the multi-faceted nature of the logistics field, there is plenty of room for things to go wrong. If you’re a natural problem-solver who can remain calm under pressure, supply chain issues are just an exciting opportunity to find new solutions. Whether or not you have the ability to remain calm in the face of a challenging situation now, our online training program will introduce you to real-world logistics experience that can help you gain confidence. Students get to practice using software applications, communications, purchasing and contracting, order management, operations planning, and warehousing.
2. Develop Data Analytics Skills After Logistics Training
Data analytics will play an integral role in your work after logistics training. In an industry that is constantly changing and affected by so many different economic factors, it’s essential for supply chain and logistics professionals to be able to interpret and analyze data that allows them to make informed decisions. In this context, data analytics requires candidates to possess excellent numerical skills, read and create spreadsheets, and be able to use industry-standard software solutions.
3. Interpersonal Skills Will Help You Secure Good Deals
As a supply chain and logistics professional, you’ll need to collaborate with many vendors for goods, transportation services, and more. Determining the most cost efficient solution will be vital to the success of your company. Excellent negotiation skills will be the golden ticket to lower expenses and higher profit margins. Proper negotiation after logistics courses should always begin with a solid professional relationship with vendors which involves interpersonal skills like communication, conflict resolution, teamwork, empathy, flexibility, and a positive attitude.
4. Innovative Skills Will Help You Adapt To Industry Changes
As briefly discussed, the supply chain and logistic industry is frequently subject to change and disruption. For example, the 2020 pandemic had a major impact on the industry due to staffing issues and lockdowns and companies needed to find innovative technological solutions to keep the economy supplied with essential goods. The use of technology is likely to continue and accelerate. If you’re naturally interested in advancement and enjoy flexing your creative problem-solving muscles, you’re likely to thrive in supply chain management and we will provide you with the technical skills and tools you need to get started.
Are you ready to start logistics college?
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An Introduction To The Supply Chain Process For Those Considering Logistics TrainingJuly 25, 2023
In today’s interconnected global economy, efficient supply chain management is crucial to the success of businesses across various industries. The supply chain process encompasses the movement of goods and services from raw materials to the end consumer. If you’re considering a career in logistics, understanding the fundamentals of the supply chain process is essential. In this blog post, we will provide an introduction to the supply chain process for those interested in logistics training.
What is the Supply Chain Process
A supply chain is a complex network of interconnected organizations, activities, information, and resources that work together to source, produce, and transport goods from their origin to the final destination, usually from suppliers to end customers. In today’s globalized world, supply chains have become increasingly intricate, often spanning multiple countries and involving numerous stages and processes.
The supply chain process refers to the series of interconnected activities involved in the creation and delivery of products and services. It starts with the procurement of raw materials and ends with the delivery of the final product to the customer. The key stages in the supply chain process include sourcing, manufacturing, distribution, and retail.
As you’ll discover in logistics training, the sourcing stage involves the identification and selection of suppliers capable of providing the necessary raw materials or components for production. Various factors, such as quality, cost-effectiveness, reliability, and sustainability, are considered in the evaluation of potential suppliers. Effective sourcing ensures that the right materials are procured from trusted suppliers, fostering the foundation for successful manufacturing and subsequent stages in the supply chain. Thorough supplier assessment helps mitigate risks, optimize costs, maintain product quality, and uphold sustainability standards throughout the supply chain.
After the procurement of raw materials, the supply chain process moves into the manufacturing stage. Here, raw materials undergo a series of production activities to be transformed into finished goods. This involves a carefully orchestrated process of manufacturing, including production planning, quality control, and inventory management. Effective production planning ensures the optimal allocation of resources, scheduling of tasks, and coordination of activities to achieve efficient and timely production. Quality control measures are typically also implemented to maintain consistent product quality and meet customer expectations. To minimize stock wastage and ensure seamless production operations, effective inventory management practices are key.
Streamlined Distribution As Taught in Logistics Training
The distribution stage of the supply chain process revolves around the efficient transportation and storage of finished goods. It entails the movement of products from manufacturing facilities to various points such as warehouses, distribution centres, and ultimately to retailers or customers.
This stage heavily relies on effective logistics operations, including comprehensive transportation management and strategic warehouse optimization. And just as our logistics courses emphasize, businesses can enhance customer satisfaction by streamlining transportation routes, selecting the most efficient modes of transportation, and optimizing warehouse layouts. Needless to say, well-executed logistics operations are crucial for maintaining the smooth flow of goods throughout the supply chain network.
Retail After Logistics Training
In the supply chain process, the retail stage is the final frontier where products are made accessible to end consumers. A number of activities are carried out and considered essential at this stage, such as inventory management, order fulfillment, and exceptional customer service. Retailers play a pivotal role in ensuring that the right products are available in optimal quantities at the right time, meeting consumer demands and preferences effectively. They diligently manage inventory levels, efficiently process and deliver orders, and provide exceptional service, contributing to customer satisfaction and loyalty.
Are you looking for a world-class logistics college?
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3 Ways To Leverage Technology After Logistics Management CoursesJune 06, 2023
The logistics industry is undergoing a significant transformation driven by advancements in technology. In an era where efficiency and cost-effectiveness are paramount, technology has become a key enabler in logistics and supply chain management. It has revolutionized how businesses handle transportation, warehousing, inventory management, and customer satisfaction.
Things move along at a breakneck pace in the Canadian logistics sector, and having access to real-time data is crucial for achieving freight visibility, staying updated on order status, and making informed, data-driven decisions. Technology is pivotal in enabling businesses to accomplish these objectives effectively and efficiently.
These days, ignoring technology and innovation is one of the surest ways to get overtaken by the competition. In this blog post, we will explore how you and your business can leverage technology after you complete your logistics management courses at NATS. From implementing supply chain management software to embracing the Internet of Things (IoT) and harnessing the power of data analytics, we will delve into the practical applications of these technologies in logistics.
1. Use Supply Chain Management Software
To ensure efficiency in your distribution processes, addressing the challenges posed by the growing number of retailers, limited carrier capacity, and increasing customer expectations is vital. Adopting a fully integrated supply chain network with real-time visibility is key, from order placement to fulfillment, shipping, and returns. Evaluating each workflow allows you to identify areas for optimization, resulting in improved overall efficiency. Technology can be crucial in elevating your supply chain capabilities, meeting customer needs, reducing costs, and enhancing the customer experience.
One of the most significant advancements in logistics technology is the development of robust supply chain management software. These platforms provide end-to-end visibility into the supply chain, allowing logistics professionals to monitor and control various operations effectively.
Completing Logistics Management courses at NATS will equip you with the necessary skills to effectively utilize software tools for your business. Equipped with this knowledge, you can identify and customize the most suitable supply chain management software to meet your specific needs. This ability to optimize processes through technology will empower you to enhance overall efficiency and drive success in the logistics industry.
2. Use Data Analytics for Improved Decision Making
Data is the lifeblood that fuels operations in the transportation and logistics industry. Historically, companies have utilized data to track shipments, optimize routes, and forecast demand. However, the potential data applications have expanded significantly by integrating artificial intelligence and machine learning.
The abundance of data generated throughout the supply chain can be leveraged to gain valuable insights and make informed decisions. With your expertise, you can effectively utilize data analytics tools and techniques to extract meaningful information from complex datasets.
By delving into data analysis, you can uncover trends, identify inefficiencies, and optimize various aspects of the supply chain. Data analytics empowers you to make accurate demand forecasts, enhance route planning, reduce transportation costs, and optimize warehouse operations throughout your Logistics Management career. Additionally, it enables you to proactively identify potential bottlenecks and areas for improvement within the supply chain.
3. Embrace IoT Technology in Your Logistics Management Career
Another way to steal a march on the transportation and logistics industry competition is by streamlining operations using Internet of Things (IoT) devices and blockchain technology. Connecting devices and tracking data on a blockchain ledger can help you enhance visibility into your supply chain, optimize asset utilization, and reduce costs. With IoT and blockchain integration, you can monitor assets in real-time, make informed decisions, automate tasks, and improve efficiency. This technology combination ensures data integrity, transparency, and secure transactions among supply chain stakeholders.
Are you interested in a Logistics Management diploma?
Contact NATS to learn how you can get started.
The 7 Cs Of Supply Chain Management For Those in Logistics CoursesMay 09, 2023
In many ways, Supply Chain Management is the backbone of the economy. It’s the process of overseeing the production of goods and services as they evolve from an idea and raw materials into a finished, marketable product. The transport and storage of materials, the storage of finished products until they sell, and the collection of sales data also play a significant role in supply chain management. Innovative companies rely on well-managed supply chains to significantly reduce operating costs and inform their marketing efforts to drive more sales.
Many factors are involved in effective supply chain management, so principles have been implemented to guide professionals seeking to streamline the process. One research paper titled Journeys, Not Destinations: Theorizing a Process View of Supply Chain Integrity borrows research by Thomas Maak, who conceptualized the 7 Cs of corporate integrity. The paper translates Maak’s corporate research into a supply chain context. Keep reading to learn how you can provide value in the logistics industry using these seven principles and attain your career goals.
The Basic Components of Supply Chain Management
Before you learn about the principles of supply chain integrity, it’s essential to understand the basic components of supply chain management systems. When you can master the following five elements after studying Logistics Operations Online, you will be a valuable asset to any logistics team.
- Planning: Planning in a supply chain management system involves managing all resources required to meet the customer demand of a company and setting up metrics that measure progress.
- Sourcing: This involves choosing suppliers that meet the needs of a company. Cost, efficiency, and ethics are a few factors to consider.
- Manufacturing: This component of supply chain management involves coordinating activities for accepting raw materials, producing the product, quality assurance testing, and packaging.
- Delivery and Logistics: This involves receiving orders, coordinating invoices, receiving payments, and scheduling deliveries.
- Returning: Have systems in place to return unwanted or excess products.
The 7 Cs of Supply Chain Integrity for Those Taking Logistics Courses
Applying the 7 Cs of supply chain integrity to the five components discussed above can save companies plenty of time, money, and effort, making your team a sought-after solution for businesses and their customers. Keep the following principles in mind after completing your logistics courses.
- Commitment: Stay committed to meeting relevant customer needs, addressing challenges, and exercising social responsibility related to the environment and ethical trade.
- Content: Specify ethical and responsible behaviour guiding principles within your logistics team and supply chain partners.
- Coherence: Stick to the guiding principles of your logistics team and readily invest in efforts that support them – even through financial challenges.
- Context: Seek partners with similar values and become bound to common ethical standards.
- Conduct: Have specific systems in place to carry out guiding principles. These should be both preventive and corrective.
- Consistency: Keep promises to companies and make provisions to achieve expected outcomes.
- Continuity: Reflect your enduring dedication to ethical and responsible practices through efforts that require steady progress over several years.
Get the Skills You Need to Apply the Principles of Logistics Best Practices
Our online Supply Chain and Logistics Operations Program provides students the skills they need to succeed in the industry. Learn industry software and computer applications, communications, purchasing and contracting, order management, operations planning, and warehousing.
The delivery method affords students flexibility thanks to our asynchronous structure while adequately preparing them to earn their Canadian International Freight Forwarders Association (CIFFA) certification. Courses were designed with Quality Matters best practices for online learning. They include engaging online activities and video conferences with instructors that ensure a thorough understanding of course content. Start your dream career with us, and remember the 7 Cs of supply chain integrity along the way!
Are you ready to earn your Logistics Diploma?
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Logistics Management Duties You’ll Perform After Your TrainingApril 18, 2023
The success of any organization that deals with the transportation of goods and services depends heavily on the ability of the logistics management team to perform their duties effectively. It involves the coordination and management of resources to ensure that products are efficiently and effectively transported from one location to another. This process includes planning, implementing, and controlling the flow of goods, services, and information from the point of origin to the point of consumption.
Logistics Management is a complex and challenging field that requires a broad range of skills and knowledge. After training, logistics managers are responsible for several duties that require knowledge of various aspects of logistics management. In this blog, we’ll explain some of the key Logistics Management duties you’ll be required to perform after your training.
Inventory Management After Logistics Management Training
One of your most critical duties as a logistics manager is the management and monitoring of inventory levels. Inventory management involves the planning, organizing, and controlling of inventory levels to ensure that the right quantity of goods is available at the right time. Effective inventory management helps to minimize stockouts and overstock, which can be costly for a business.
As a logistics manager, after Logistics Management training, you must analyze inventory data and forecast demand accurately to maintain optimal inventory levels. You should also be familiar with inventory management techniques such as just-in-time inventory management, economic order quantity, and safety stock levels.
Warehouse Management After Logistics Management Courses
Warehouse management is another of your primary responsibilities as a logistics manager. Warehouse management involves overseeing the operations and functions of a warehouse or distribution centre. This includes receiving and processing incoming stock and materials, picking and filling orders from stock, packing and shipping orders, and managing and maintaining inventory levels.
A logistics manager must ensure that the warehouse operations are running smoothly and efficiently. To do this, they must be familiar with warehouse management systems, inventory control, and the latest technologies used in the industry.
The main purpose of the Logistics Management industry is the successful transportation of goods and services from one point to another. Therefore, transportation management will be one of your core concerns as a logistics manager. No matter where you end up working, you’ll most certainly be tasked with ensuring that goods are transported safely, efficiently, and cost-effectively.
To achieve this, you will need to have a good understanding of transportation modes, such as trucking, shipping, and air freight. You will also need to have a good understanding of transportation regulations and requirements, such as customs clearance procedures and safety regulations.
Supply Chain Optimization
Logistics managers are also concerned with ensuring the viability, sustainability, and profitability of the business. In other words, you may have to keep a close eye on the business’s bottom line when making decisions. This involves ensuring that all activities related to the movement of goods and services are integrated and optimized to achieve the best possible outcome for the business. This can involve coordinating with suppliers, customers, and other stakeholders to ensure the supply chain operates smoothly.
The key is understanding supply chain management principles and techniques, such as lean manufacturing, just-in-time inventory management, and vendor-managed inventory. You will also need to be able to analyze data and make decisions based on that data to improve supply chain performance.
Are you Interested in Logistics Management courses?
Contact NATS to learn how to get started.
4 Essential Skills You’ll Learn in Logistics Management TrainingMarch 21, 2023
Logistics management involves planning, implementing, and controlling the efficient and effective movement of goods, services, and people. It requires a unique set of skills and expertise that can only be developed through proper training. Our Global Supply Chain and Logistics Management online training at North American Trade Schools (NATS) can provide the necessary knowledge and skills to excel in this field. In this blog post, we will discuss four essential skills you will learn in Logistics Management Training.
1. Supply Chain Management Skills
Supply Chain Management is managing the flow of goods and services from the point of origin to the point of consumption. It includes the coordination and integration of all activities involved in the production and delivery of goods and services.
Logistics Management training provides a comprehensive understanding of supply chain management principles and techniques, including inventory management, demand forecasting, and transportation planning. Through supply chain management, logistics professionals can ensure that goods and services are delivered to customers promptly and cost-effectively.
Logistics Management training exposes you to the finer details of supply chain management, helping you understand the whole process and gain essential knowledge that will make you a valuable asset to your organization.
2. Operations Management After Logistics Management Training
Operations management is the management of the processes and resources that are used to produce goods and services. It involves the planning, scheduling, and controlling all activities required to produce a product or service. Logistics Management training provides individuals with the knowledge and skills to manage operations effectively. This includes understanding the various processes involved in producing goods and services, such as procurement, manufacturing, and distribution.
Our Logistics Management online course covers techniques for optimizing production and streamlining operations for a more efficient workflow.
3. Leadership and Communication Skills
Logistics management is a people-driven field, and effective leadership and communication skills are essential for success. Logistics Management training provides individuals with the knowledge and skills to lead and communicate effectively. This includes understanding the principles of leadership and how to motivate and inspire a team. Communication training at NATS covers the principles of effective communication, such as active listening, clarity, and conciseness. Effective leadership and communication skills enable logistics professionals to work well with team members, customers, and suppliers.
4. Warehouse Management Skills
In addition to the other essential skills discussed above, warehouse management is another crucial skill that logistics professionals will learn during their training with us. Warehouse management is the process of organizing, managing, and controlling the operations of a warehouse. It involves managing inventory, handling materials, and ensuring the safe and efficient movement of goods within the warehouse.
Safety and security are critical in warehouse management. Warehouse accidents can lead to injuries, product damage, and increased costs. Effective safety and security measures help to minimize the risk of accidents and protect the warehouse and its contents from theft and damage. Logistics professionals should learn how to implement safety and security measures, such as safety training, safety audits, and security systems, to ensure a safe and secure warehouse environment.
Effective warehouse management is critical for the success of any logistics operation–as poor warehouse management can lead to inefficiencies, delays, and increased costs. Effective warehouse management can help to improve productivity, reduce costs, and ensure the timely delivery of goods.
Are you ready to acquire these skills by obtaining a Logistics Management diploma?
Contact NATS to learn how you can get started.
3 Reasons to Take a Global Supply Chain & Logistics Management Online Program This YearJanuary 03, 2023
Working in the logistics industry could involve planning, implementing, and managing the transportation of goods and services within the supply chain. Workers in this field are the heart of global trade, and in effect, their work has a significant impact on the economy. This career path offers a variety of workplaces to explore and a chance to work in an exciting, fast-paced field. If logistics management interests you, the first step toward your dream career is the right training.
North American Trade Schools offers an online training program that equips students with the skills they need to work in a dynamic career. Keep reading to learn three great reasons to take Global Supply Chain and Logistics Management training online this year.
1. Enjoy High Demand and Security in a Growing Field
Since 2020, we’ve been seeing significant growth in the logistics field that is predicted to continue until 2025 and peak at 3.5%. According to experts, this increase results from a fast-growing manufacturing industry fueled by e-commerce and booming construction, pharmaceutical, and healthcare industries. This is an excellent time to position yourself as a qualified logistics management professional and enjoy a position that allows you to enjoy job security. Our Logistics Management Online Program will leave you prepared to take the Canadian International Freight Forwarding Association certification exam and earn the Lean Six Sigma Yellow Belt certification, both reputable credentials that will set you apart as a competitive candidate in your freight management job search.
2. Work in a Dynamic Global Field With a Logistics Management Diploma
Logistics management is the ideal career choice for those who want a dynamic, interesting career, as it presents new challenges daily. For this reason, you’ll never be bored as a professional in this field. In addition, the industry is international, and in some cases, the opportunity to travel may be on the table to deal with contract negotiations, meet with clients overseas, and purchase goods. After taking our logistics management courses, you’ll gain a solid understanding of both customs and global trade compliance to prepare you with a profound understanding of international trade.
3. Get Real Life Experience With a Final Case Study Project
Students in the Global Supply Chain and Logistics Online Program finish logistics management training with a capstone project that allows them to research a real-life logistics business problem. They will have the opportunity to use the knowledge and skills they’ve developed in classes to develop an effective solution like they will on the job.
If you’re considering a career in global logistics management, you can receive the training you need flexibly and from the comfort of your own home. We understand that many of our students have other obligations, and we want to ensure that our programs are accessible to as many career seekers as possible. Start your journey to career success today.
Ready to earn a Logistics Management Diploma?
Contact NATS for more information!