Showing posts with label PGDM Courses. Show all posts
Showing posts with label PGDM Courses. Show all posts

Monday, 2 September 2019

Best Distance Learning Courses

In this developing and digitalised world, knowledge and education has no borders. Digital Education has taken the world by storm. It allows individuals to study with ease at their own schedule. So, individuals do not need to leave their studies in between due to several adverse factors.  Distance learning courses give such students an option to receive knowledge online.   Thus, it empowers the aspirants to pursue higher educational courses despite professional commitment, personal difficulty and physical barriers.
In India, Distance Education is rapidly gaining popularity. It facilitates the individuals to work along with pursuing their higher studies. So, they can earn their livelihood and simultaneously enhance their skills to climb the ladder of promotion.
Considering the growing popularity of correspondence education, a plethora of distance education courses are available at students’ disposal. However, distance MBA course is a forerunner among all other distance learning courses. There are innumerable colleges that offer distance MBA, but one should choose the best institute to reap the benefits of an MBA course to the fullest.
Best distance learning courses offered by MIT-SDE
MIT School of Distance Education (MIT-SDE) is indisputably among the finest distance learning colleges in India. The college offers management courses in order to give wings to the dreams of aspiring entrepreneurs and managers.
At present, it offers Post Graduate Certificate in Management (PGCM), Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Business Administration (PGDBA). The courses are regarded as equivalent to a distance MBA course. However, they are much better than it as students get access to the updated syllabus and top-notch quality study material.
So, MIT-SDE’s courses are relevant to the present industrial landscape and the course is industry-centric. Furthermore, the candidates can choose from various exciting disciplines such as Supply Chain, HR, Material Management, IT, Marketing, Finance, Risk Management and any more.
PGCM Course
Post Graduate Certificate in Management is a one year course which specialises a student to attain all the required managerial skills and knowledge to achieve a place in this highly competitive world.
If you wish to move hand in hand with everyone, then you must be acquired with the required skill, qualification, knowledge and experience. PGC in Modern Office Management and PGC in Retail Management are the two specialised professional courses that can widen your career prospects immediately after completion.
PGDM Course
PGDM or Post Graduation Diploma in Management is course spanned at a duration of one and a half year. It can be pursued in any specialisation of management including Information Technology, Human Resource, Finance, Marketing, and Material Management. MIT-SDE exploits the Learning Management System (LMS) whereby all the course-related study materials are uploaded in the student’s account. Furthermore, the study materials are self-explanatory and presented in a lucid language. Hence, they are perfect for self-study. The physical book is also available for those who wish to study in the traditional way.
PGDBA Courses
Quite similar to an MBA course, Post Graduation Diploma in Business Administration (PGDBA) is a two-year program offered by MIT-SDE.  It enhances the entrepreneurial and managerial skills of the students so that they can gain speedy promotional or a well-paid. PGDBA can be pursued in specialisations such as Project Management, Marketing, Supply Chain, Finance, Human Resource, Operations, etc. MIT-SDE also organises webinars for its students where experts clarify the doubts of students and build their concepts. MIT-SDE also offers career guidance and placement support.
So, what are you waiting for? Apply for admissions at MIT-SDE right away and broaden your career prospects.

Sunday, 2 December 2018

Four strategies for successful material management



Material management is an essential aspect/process of every manufacturing firm. It entails to the procurement of the material, its transportation and effective management of the inventory, right from the manufacturer to the shelf. Material management has its own significance in enhancing the productivity of the firm. It is basically a labour-intensive process. It includes various operations such as regular monitoring of the purchased material, inventory management and distribution of the material.
The process of planning, organizing, monitoring, implementing and controlling the flow of materials to and fro a firm is quite intimidating.  Hence, the process needs to be handled smoothly and skillfully. That is why companies hire professionals for the task and pay them a handsome amount for the same. In such an opportunistic scenario, a material manager can easily find his position in almost every organisation that understands the significance of material management.
If you wish to make a successful career in this exciting field, then you should pursue MBA-equivalent Post Graduate Diploma in Material Management to hone your skills. The course will teach you these four effective strategies that facilitate successful material management:
1. Lookout for quality suppliers
A regular flow of supply can keep the company thriving. On the contrary, the companies may face adverse situations if there is an obstruction in the continuity of the supplies as the company will not be able to meet the demands of the customers. It will become impossible for a company to directly deliver the required quantity of products to the customers on time if they fail to obtain the quality suppliers within the stipulated period. This, in turn, may result in loss of the customers and immense monetary loss of the company. Thus, it is imperative for the material manager to foster a good relationship with the suppliers so that the company can easily rely on the suppliers to fulfill its supply needs.
2. Proper order process
The customers’ demands keep on fluctuating. However, a firm should always be well-equipped to meet the demands of the customers. They should always have sufficient inventory to handle even the turnover demand. For this, a firm must regularly keep a check on its stocks. This, in turn, facilitates proper calculations related to supplies so that the material manager has a better idea of the replenishment amount. Having a better idea of the replenishment amount facilitates in placing reorder for the required materials before its depletion.
3. Proper analysis
It is an essential step for the material manager to carry out different analysis. Proper analysis not only includes inventory management, but it also includes maintaining financial aspects. The companies must exploit an effective inventory system that keeps an account of the total purchase as well as the sale of every item for proper analysis. The common goal should be to ensure that the cost of purchasing a material is less than its sales. Apart from this, the accounts of inventory must be updated on a monthly basis. This facilitates the material manager to analyse the data and easily manage the cost of inventory.
4. Cost savings
Since most of the task related to material management require manpower, it is imperative for the material manager to ensure the best pricing. He should know how to get top-notch quality work done at minimal cost. He should also know the minimum cost that should be spent to purchase high-quality materials.
A few things that need to be kept in mind
  • Include cost inventory.
  • Regulate high turnover.
  • Try to achieve a minimal cost of storage and procurement while keeping the quality intact.