Why It Pays Back To Invest In Supply Chain Education
Samer Al Madhoun, Supply Chain Thought Leadership MCIPS, APICS Master Instructor
I support organisations & Individuals to achieve Supply Chain Excellence
Supply chain education is a strategic investment with numerous benefits for individuals and organizations alike. In today's dynamic business environment, characterized by globalization, technological advancements, and increasing customer expectations, a well-trained workforce in supply chain management is essential for achieving operational excellence and sustaining competitive advantage. This white paper explores the compelling reasons why investing in supply chain education yields significant returns.
Investing in supply chain education is a strategic imperative for individuals and organizations seeking to thrive in today's competitive business landscape. By enhancing expertise, increasing efficiency, embracing technology, mitigating risks, gaining a competitive advantage, and promoting long-term sustainability, supply chain education delivers tangible returns on investment. As the global economy continues to evolve, the value of supply chain education will only grow, making it a wise investment for the future.
Supply chain education equips individuals with specialized knowledge and skills required to navigate the complexities of modern supply chains. Through comprehensive programs, professionals gain insights into logistics, procurement, inventory management, and strategic planning, enabling them to make informed decisions and drive efficiency across the supply chain.
Essential technical expertise includes Digital Literacy, Inventory management, Project management and knowledge of best practices. Valuable emotional intelligence competencies include Collaboration, Critical thinking and Problem-solving. These proficiencies are all clearly transferrable from other fields to supply chain, which may be a useful insight for the numerous organizations that continue to seek skilled talent.
ASCM in its latest skills report sights the following skills for the supply chain professions:
CIPS "The Chartered Institute Of Procurement & Supply" Salary Guide 2023 MENA sights the following TOP skills on demand for the procurement profession:
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Selecting the right education & the dilemma of unstructured Supply Chain Education
With the increasing role of Supply Chain, Supply chain education market went into a maturity stage with many players and offerings. Care should be taken when selecting the right education that matches the skillset needed for your self and the workforce.
As much as there is a reputable educaiton, still the market is full of fake/Unstructured/irreputable educaiton.
Recent studies sights organisations like APICS, CIPS, CILT, ISCEA, ISM as a reference of a great value added supply chain educaiton.
More references on Supply Chain Education
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General Manager
8 个月Samer Al Madhoun, Supply Chain Thought Leadership MCIPS, APICS Master Instructor Thank you for highlighting the crucial role of supply chain education in today's rapidly changing business world (world of VUCA). Your insights into the strategic importance of upskilling and reskilling within the supply chain sphere strike a chord, especially the need for blending digital literacy with emotional intelligence. This article not only sheds light on how education can bridge the gap between old and new industry practices but also underscores its value in securing operational excellence and competitive advantage in a global economy. A truly enlightening read that speaks volumes about the future of business innovation and sustainability.