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Increase your visibility on Internshala by 5x with unlimited profile boosts.
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Apply to opportunities reserved only for Placement Guarantee Course learners.
Direct interview invites - Skip the line!
Get interview invites directly from recruiters and boost your hiring chances!
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Top career options in Supply Chain Logistics
Industry-recognized & government approved Supply Chain Logistics Certification
Internshala Trainings certificate
NSDC & Skill India certificate
Supply Chain Logistics Placement Guarantee Course Course Details
To learn more about the course download the brochure
1 . Quick Commerce and E-Commerce
5
Modules
5
Demo
videos
inside
Project :
Zepto Case Study: Increased Delivery Time for a Store
Introduction to E-Commerce and Quick Commerce
Logistics
Warehouse Management
Inventory Management
Workforce and Manpower Planning
Project: Zepto Case Study: Increased Delivery Time for a Store
Zepto experienced a 2-minute increase in delivery time at a North Indian store during Navratri, raising concerns about customer satisfaction. Perform root cause analysis along with analyzing the performance impact assessment and propose solutions to mitigate the delays.
2 . MS-Excel
3
Modules
Project :
Performance Analysis of a Dark Store of Swiggy
Project :
Load analysis of routes from Delhi warehouse of Mahindra Logistics
Excel Basics
- Introduction to Excel
- Excel Basics
- Introduction to Formulas
Data Management
- Introduction to Data Management
- IF and IFS
- Advanced Formulas
- Charts and Graphs
Pivot Tables
- Introduction to Pivot Tables
Project: Performance Analysis of a Dark Store of Swiggy
Swiggy's Dark Store in Rohini, Delhi, has faced performance issues over the past three months, including low order volumes and operational inefficiencies. As Store Manager, you are tasked with analyzing key metrics to identify root causes and suggest improvements using Excel.
Project: Load analysis of routes from Delhi warehouse of Mahindra Logistics
As the Processing Centre Manager at Mahindra Logistics in Delhi, you oversee dispatch operations across routes to Mumbai, Pune, and Bangalore. Over the last two months, some routes have improved in efficiency, while others have seen a decline in loading times, unloading times, and delivery performance. Your task is to analyze data to identify trends and optimize dispatch efficiency across these routes.
3 . Skill Development for Job Readiness
4
Modules
Project :
Incentive Imbalance: Addressing Disruptions and Ensuring Fairness in Rider Motivation at Big Basket's Chandigarh Stores
Communication Skills
- Verbal Communication Skills
- Non-Verbal Communication Skills
Stakeholder Management
- Senior Employees
- Blue Collar Staff
Conflict Resolution
- Types and Resolution
- Escalation Handling
Resume and Cover Letter
- Resume
- Cover letter
Project: Incentive Imbalance: Addressing Disruptions and Ensuring Fairness in Rider Motivation at Big Basket's Chandigarh Stores
As the Cluster Manager for Big Basket in Chandigarh, you implemented a revised incentive plan aimed at rewarding riders for longer hours. However, the changes have led to frustration among riders who work fewer hours, causing disruptions and competition among those working longer. Your task is to address the issue, communicate with senior stakeholders, and notify riders of the consequences of their actions.
After completing a course, you can download its videos for future
reference.
Power up your career with ChatGPT
Optimize Logistics: Streamline logistics operations, track shipments, and improve delivery times with ChatGPT.
Enhance Warehouse Management: Use ChatGPT to optimize space, track inventory, and improve warehouse efficiency.
Improve Inventory Management: ChatGPT helps forecast demand, reduce stockouts, and manage inventory levels with precision.
Plan Workforce & Manpower: Use ChatGPT to analyze staffing needs, predict demand, and allocate resources effectively.
Skills and tools you will learn
Inventory Management
Warehouse Management
Problem-Solving
Negotiation Skills
Conflict Resolution
Stakeholder Management
Cross-Functional Collaboration
Customer Experience Enhancement
MS Excel
Enterprise Resource Planning
Order Management System
ChatGPT
Learn from Industry Experts from these companies
Course fees
₹30,000
38,000
Valid till 03 Dec
No-cost EMI options available
starting at just ₹2,500 per month
starting at just ₹2,500 per month
*T&C apply
Supply Chain Logistics Course Overview
Did you know that the global supply chain management domain is projected to reach nearly $31 billion by 2026? This means there’s going to be a plethora of jobs in the job market for skilled professionals. If you are interested in building a career in this rapidly growing domain, consider enrolling in Internshala’s logistics course with guaranteed placement.
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The course covers important topics like inventory management, transportation logistics, warehousing strategies, supply chain optimization, and more. Read ahead to get a glimpse of what the course has to offer.Â
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Boost Your Career Potential In Supply Chain Logistics In Just 2 Months
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Enroll in our logistics management course and transform yourself from a beginner to an industry expert. Learn everything from supply chain management to transportation, warehousing, and distribution through:
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- Live & On-Demand Sessions - Get opportunities for real-time engagement with instructors and industry experts.Â
- Flexible Classes - Enjoy access to recorded content and learn at your own pace.
- Latest Al Tools - Get hands-on experience with predictive analytics and machine learning and learn how to implement AI solutions to enhance efficiency and decision-making.
- Industry-Level Projects - Discover ways to solve actual supply chain challenges in practical scenarios.Â
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Supply Chain Logistics Course OverviewÂ
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Internshala’s supply chain logistics course offers hands-on training needed for success in supply chain management. You receive in-depth instruction on inventory control, transportation systems, and procurement techniques. Emerging themes are also covered in the course, such as the role of big data analytics, technology, and sustainable supply chain methods.Â
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Further in the course, you will work on real-world case studies and practical projects. You will learn how to analyze supply chain problems and come up with solutions using programs like Microsoft Excel.
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Supply Chain Logistics Course Syllabus Outline
Our consolidated supply chain logistics curriculum teaches you how to apply technological solutions to supply chain problems. As you progress through the video lessons, the course provides a strong foundation for addressing the challenges of modern supply chain management. Let us take a closer look at what you will learn in this logistics management course:
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1) Quick Commerce and E-Commerce
- The beginning two modules provide an overview of e-commerce logistics and quick commerce fundamentals with its logistics.
- Across the other three modules, you will learn about warehouse management, inventory management, workforce and manpower planning of e-commerce and quick commerce.
- You will also work on a project to identify potential causes and factors related to the increase in average delivery time. This will help you get a better understanding of how supply chain logistics function in the real world.
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2) MS Excel
- The second part of the course will teach you how to use Excel. It will familiarize you with basic formulas and functions of Excel as well as advanced concepts like pivot tables.
- This module also includes a project on visualizing quick commerce data using Excel. You will learn how to create an order analysis report on order data for a quick commerce company using basic Excel formulas.
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3) Skill Development for Job Readiness
- The third section of the course covers verbal and non-verbal communication skills. It also focuses on conflict resolution and handling escalation.
- Additionally, you will also work on resume & cover letter building, stakeholder management between senior employers, blue-collar staff, etc.
- Further, you get to work on a project wherein you will create a communication plan for addressing a rider strike due to payout demands.Â
- You will explore how to draft an email to senior stakeholders and a rider notification outlining the strike details, reasons, and potential consequences.
Enhance Your Resume With Industry-Recognized Certificates
You can enhance your job prospects and credibility by acquiring industry-recognized certifications. Here’s what you can achieve by completing the supply chain logistics course:
- Internshala Trainings Certificate: Earn the Internshala Trainings certificate, recognized by over 100,000 companies as a reliable endorsement of your skills.
- NSDC & Skill India Certificate: Ensure your skill development and adherence to industry standards by earning NSDC and Skill India certificates.
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Unlock Your Professional Path in the Supply Chain Logistics Domain
A career in supply chain logistics offers innovative opportunities across diverse fields, such as e-commerce, inventory, operations, etc. Completing a course in this can open doors to roles where you can influence the supply chain management system. Here are some exciting career paths you can explore after completing the supply chain logistics course:Â
- Logistics Executive: They manage the transportation and storage of goods. They also ensure the timely delivery of products in a cost-efficient manner.
- Inventory Executive: They maintain optimal inventory levels to meet demand. They also focuses on minimizing inventory-related costs as well.
- Operations Executive: They focus on optimizing daily operations within supply chains. Further, they look oversee the efficiency of processes and profitability in operations.
- Warehouse Management Executive: They oversee warehouse operations, including storage and inventory tracking. They also manage distribution to ensure smooth flow of goods too.
- Store Manager: They manage the day-to-day retail store operations, including stock levels and staff. Further, they ensure high customer service standards alongside.
- Delivery Fleet Executive: They look into the management and maintenance of the delivery fleet, ensuring timely and safe product deliveries.
- Last Mile Executive: They focus on optimizing the final stage of delivery from the warehouse to the customer.Â
- Assistant Store Manager: They support the store manager with daily operations, including staff supervision and inventory management. They help to ensure smooth store functioning and customer service excellence side by side.
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Level Up Your Career in Supply Chain Logistics with ChatGPTÂ
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Learn ways to leverage ChatGPT for simplifying complex tasks with our integrated logistics course. Here’s what the course will teach you:
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- Optimize Logistics: You will learn how to streamline logistics operations, track shipments, and improve delivery times with ChatGPT.
- Enhance Warehouse Management: The course will teach you how to use ChatGPT to optimize space, track inventory, and improve warehouse efficiency.
- Improve Inventory Management: You will learn ways to leverage ChatGPT to forecast demand, reduce stockouts, and manage inventory levels with precision.
- Plan Workforce & Manpower: You will discover how to analyze staffing needs, predict demand, and allocate resources efficiently using ChatGPT.
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Why Internshala’s Supply Chain Logistics Course is the Right Course for You?
Internshala's online logistics course will help you acquire the required technical abilities and give your job application the competitive edge it deserves. Here’s how our course can help you secure your dream job:
- Exclusive Job Opportunities: You get access to top brands and high-paying roles by applying to opportunities reserved only for placement-guaranteed course learners.
- Direct Interview Invites: You also get to skip the line and get direct interview invites from recruiters and boost your hiring chances,
- Placement Coaching by Experts: We prepare you to ace your placements with our career coaches, having 10+ years of experience.Â
- AI Mock Interviews: You can practice for mock interviews with an AI-powered system, and also learn how to prepare your resume and cover letter.
- Master Supply Chain Soft Skills: You will develop the necessary soft skills needed in supply chain logistics management.
FAQs
Q. How many seats are available for this course?
Due to the high demand for this course, we have a limited number of 30 seats available. We encourage you to enroll as soon as possible to secure your spot.
Q. Who is eligible to apply for the Placement Guarantee course?
The Placement Guarantee course program is meant for pre-final and final year students, recent graduates, and young professionals who wish to build a career in Supply Chain Logistics. You should also be authorized and available to work in India upon completion of the course if you wish to avail of the job guarantee benefits.
Q. I am in the early years of college and will NOT be graduating in the next 12 months, can I still apply?
Yes, if you have decided to make a career in supply chain logistics and are ready to put in the required time and effort to complete the program, you can still apply and we will evaluate your application based on its quality. You would be able to apply to the full time or work from home opportunities that are published on Internshala.
Q. I have more than 3 years of work experience in a different field and now I want to switch to logistics, can I apply?
Yes, you can. However, please note that the placement opportunities that we would be curating for the students of the Placement Guarantee course would be those of fresher jobs or internships and the same will be made available to you too. Different companies may factor in your prior work experience in their hiring decisions differently and it will be at the sole discretion of the companies.
Q. How can I reserve my seat in advance?
To reserve your seat in advance, simply pay a booking amount of ₹ 1,999 which will be adjusted toward your course fee upon enrollment. If our counsellors find your profile to be unfit, the amount will be refunded; however, if you choose to withdraw, this amount will be non-refundable.
Q. What questions will the application process consist of?
The application form would consist of questions on your education, your motivation to build a career in supply chain logistics, and questions to test your communication skills.
Q. On what parameters would my application be evaluated?
Your application would be evaluated on the basis of your written communication skills in this Supply Chain Logistics Placement Guarantee Course.
Q. My application was rejected, can I still pay the fee and join the course?
No, you can not.
Q. My application was rejected, can I re-apply?
You can. However, it is recommended that you speak to us first to understand shortcomings in your previous application before deciding to re-apply.
Q. Do I need to have a laptop or desktop to do the Placement Guarantee course or can I do it on mobile too?
You can watch the videos and take quizzes & tests on any device including mobile. However, for assignments and projects, use of a desktop or laptop will be needed and hence it is advised that you do this supply chain logistics course on a laptop or desktop.
Q. I'm not able to make payment. What should you do now?
You could try making the payment from a different card or account (of a friend or family). Otherwise, you can follow the instructions on how to make an offline payment here.
Q. What are the different options available to pay the program fee?
You can pay the Placement Guarantee course fee online using any of the following payment methods - debit card, credit card, netbanking, UPI, and wallets. You will receive the link to make the payment once your application is successful.
Q. My payment got deducted twice. What should I do now?
Just let us know your registered email id along with the screenshot of the payment receipt or transaction history. You can submit your request using the using the "Need further assistance?" section. Once verified, the additional amount you paid will be refunded.
Q. I can not pay the entire fee in one go and would like to pay it in installments. What should I do?
Depending on your payment method, you can opt for no cost EMI where a certain amount will be deducted from your account every month over a period of EMI duration that you choose. Please note that the no-cost EMI is available only select payment methods that you can see here.
Q. The payment shows failed but money got deducted? What should I do now?
The amount deducted will come back to your account within 7-10 working days. This is the normal duration your bank will take to credit the amount back into your account.
Q. How does the EMI option work? How much amount will I need to pay every month? Do I need to pay extra as interest cost?
If you choose to pay via EMI, a certain amount will be deducted from your account every month. For example, if the total program fee (including taxes) is Rs. 100 and you choose to pay via 12 months EMI then you will be charged Rs. 8.33 (100/12) every month.
Since these are no cost EMIs, you don’t need to pay anything extra as interest or processing fee. The total program fee you would pay over the duration of the EMI will remain the same as it would have been if you paid all of it upfront.
Q. The payment was successful but it still shows 'Make Payment' on my dashboard? What should I do?
At times, there may be a slight delay in your payment reflecting on your Internshala Trainings dashboard. However, if your payment is not reflecting even after 30 minutes, please let us know your registered email id along with the screenshot of the payment receipt or transaction history. You can submit your request using the using the "Need further assistance?" section. Once verified, we will update your payment status from the backend.
Q. Can I stop or cancel the EMIs later if I decide not to continue with the Placement Guarantee course?
No, you cannot cancel or stop the EMIs at a later date since your bank would have already paid the entire course fee on your behalf to Internshala. If your EMI is through one of our loan partners and you wish to make any modifications, please write to pgc.support@internshala.com. Please note that the cancellation fee for EMIs through our loan partners is Rs. 1500/-.
Q. I faced a problem while making the payment, what should I do?
Please write to us on jos@internshala.com with details and we would be happy to help.
Q. Can I get a refund from the program?
Once a user has made the payment, no refund/cancellation would be permitted after payment. To claim a refund under the placement guarantee, please refer to the Guaranteed Job/Internship Program in the FAQ of the Placement Guarantee courses.
Q. Once my application is accepted, when will the program start?
At the time of making the payment, you will have the option to choose your preferred batch start date.
Q. My application has been accepted but I would like to start the program at a later date, can I?
Yes, you can. Just choose a suitable later date batch while making the payment. If a suitable date is not available, please write to us at jos@internshala.com so that we can help you with it.
Q. How will the courses in the Placement Guarantee course be taught? What will be the timing of the online classes?
The Placement Guarantee Course consists of 3 video-based courses that you would complete one after another. The videos are pre-recorded so you can watch them any time of the day as convenient to you. The courses also consist of exercises, quizzes, tests, and projects that you will undergo as you learn.
Q. What is the duration of the Placement Guarantee course? How many hours a day do I need to spend on the program to complete it in the given duration?
You need to complete the Supply Chain Logistics Placement Guarantee Course within 2 months from your chosen batch start date. If you spend ~1-2 hours every day, you should be able to complete the course comfortably in 2 months including all the projects, tests, vivas etc.
Q. What if I am not able to complete the entire Placement Guarantee course in the given duration? Will I get an extension?
If you are not able to complete the Placement Guarantee course in 2 months due to any unforeseen reasons, you will be able to get an extension of 2 weeks on paying Rs. 4999 or an extension of 1 month on paying Rs. 7999.
Q. What are the eligibility criteria for the guaranteed placement?
For a Placement Guarantee Course student to be *eligible for the Job or Salary Guarantee, they should -
- Meet the 75% aggregate marks for the Placement Guarantee Course.
- Participate in all placement-related activities, placement preparation sessions & drives organized by Internshala.
- Make sincere and reasonable efforts to apply for various internships and jobs offered on Internshala (at least 10 relevant applications per week) and/or on other platforms and attend ALL interviews & selection processes arranged/offered by Internshala.
- Not indulge in any inappropriate disciplinary behaviour or action during the course completion, recruitment process and the training/internship period (including plagiarism).
Q. What guidelines must be followed to successfully get a placement guarantee?
- Graduate from the Placement Guarantee Course within the originally stipulated duration without requiring any paid extension & make all the fee payments on a timely basis without any delay.
- Apply and accept only those internships with PPO and job opportunities that fulfill the salary guarantee.
- Be eligible and authorized to work in India and pass the background checks conducted by a company before starting the internship and ensure to meet any other condition as may be decided and communicated by Internshala from time to time.
- Do not decline an internship offer, full-time employment offer, internship extension, or pre-placement offer that you get without Internshala’s approval or leave an internship mid-way nor be terminated from it due to lack of performance or misconduct.
Q. Who will be the mentor for my career planning session and how would this session help me in my career?
The Career Planning Session will take place along with the viva and your mentor for these sessions would be an expert with 5+ years of experience in the industry. This session will be an opportunity for you to discuss your career goals and get personalised feedback and guidance from the mentor.
Q. What is the job guarantee?
Internshala guarantees that every eligible Placement Guarantee course student will be able to secure a placement (full-time employment or internship with a pre-placement offer) within 6 months after graduating from the Placement Guarantee course program, failing which Internshala will refund the Placement Guarantee course fee paid by the student.
Q. What is the salary I will get an offer for?
Every eligible Placement Guarantee course student will be assured a CTC ranging from ₹ 3 LPA to ₹ 10 LPA for full-time, part-time, and temporary/contractual employment.
Q. What opportunities will be considered towards this guarantee?
Any full-time employment or internship with a pre-placement offer that a student gets, in a profile directly related to the Placement Guarantee course program or otherwise, through their own efforts, via Internshala, or any other medium, will be considered the job guarantee.
Q. What is the process for a student to claim a refund under the job guarantee?
If you satisfy the eligibility criteria and still fail to get any full-time employment or internship with a pre-placement offer within the guarantee period, please write to pgc.support@internshala.com upon completion of the placement Guarantee Period. We will let you know of the documents required to process your claim. Please ensure that you make the claim within thirty days from the date of completion of job guarantee period or it will not be considered for further process and Internshala will not be liable to reimburse any refund.
Q. How would the job placement process work?
After graduating from the Placement Guarantee course, at regular intervals, Internshala will prepare you for placements and share relevant opportunities in supply chain logistics (full-time employment or internship with a pre-placement offer) that you can apply to as per your choice. As a Placement Guarantee course student, your application will be highlighted to the recruiters. Companies will shortlist and assess you as per their respective policies.
Q. What are placement preparation sessions?
Placement preparation sessions are 1:1 sessions for Placement Guarantee course students so as to prepare them for interviews. These include sessions on cover letter writing, resume writing, LinkedIn profile building, and mock interviews.
These are mandatory sessions and in case the user isn't attending any session, they will be debarred from the guaranteed job program. The user will still be able to access the learning content.
Q. What certificate will I receive from Internshala upon completing the Placement Guarantee course?
Upon successful completion of the Placement Guarantee course, you will receive a Supply Chain Logistics Placement Guarantee course certificate from Internshala Trainings and NSDC.
Q. What is the criteria for one to receive the Placement Guarantee course certificate upon completion?
The necessary requirements to be eligible for the Placement Guarantee course certificate are as follows -
1. Min. 75% aggregate marks
2. Submission of the mandatory projects
3. Attending the viva and career planning session
1. Min. 75% aggregate marks
2. Submission of the mandatory projects
3. Attending the viva and career planning session
Q. What is the eligibility criteria to get the government approved certificate from NSDC & Skill India?
To be eligible for NSDC & Skill India certificate, you need to fill in the required additional information including your salutation, date of birth and father's name within 3 days of enrollment. This form will open when you log in to your account. You will also need to complete your final test by the original course end date and score greater than 50% marks in the final test of each course, submit all mandatory milestones (projects, certificates), and complete viva and overall final test before the end date. Please also note that the partnership came to effect on 8th May so only trainings purchased on or after 8th May '23 are eligible for the certificate.
Q. How will the courses in the Placement Guarantee course be taught? What will be the timing of the online classes?
The Placement Guarantee course consists of 3 video-based courses that you would complete one after another. The videos are pre-recorded so you can watch them anytime of the day as convenient to you. The courses also consist of exercises, quizzes, tests, and projects that you will undergo as you learn.
Q. What if I get stuck somewhere while learning, how will my doubts be solved?
You will have 24*7 access to a doubt clearing forum where you can post your doubts and the course instructors would answer them with-in 24 hours. There will also be a live doubt clearing session with the instructor once a week where you can ask your doubts in real-time through chat or audio/video call.
Q. How many tests will be there in the Placement Guarantee course? How will these be administered and do I need to pass all of them to complete the Placement Guarantee course?
The Placement Guarantee course consists of 3 courses and each course will have several quizzes, module tests and capstone projects that are meant for your practice. Each course will also have a final test which will be online. You need to score a min. 50% marks in the final test of each course to proceed to the next course and hence, passing all the final tests is necessary for you to complete the Placement Guarantee Course. To graduate from the Placement Guarantee course, you need to score an aggregate of 75% marks, i.e. 750 marks out of the total 1000.
Q. What happens if I am not able to clear the final test or want to improve the scores of a final test of a particular course?
You will get one more attempt to take the test on payment of Rs. 1000. There will not be any further attempts available to you.
Q. How will I get to practice what I learn? How many projects would be there? Do I need to submit all of them?
The industry-level project(s) are mandatory components of the Placement Guarantee course. It's designed to provide practical application of your coursework and will contribute to 350 marks to your final grade. Successful completion of this project is essential for graduating from the program.
Q. Will the projects I submit be evaluated and given feedback on?
Yes, every project you submit will be scored and given feedback on.
Q. What is the online viva? When and how would they be conducted?
During the Placement Guarantee course, there will be 1 online viva (video call) that you are required to attend. The final viva will be taken once all the courses and modules are completed, including the submission of all the mandatory assignments and projects. In the viva, you will be asked questions based on concepts taught in the Placement Guarantee Course and the projects and assignments you will work on.
Q. How many marks do the tests, projects, and vivas carry?
The total marks in the Placement Guarantee course will be 1000 as per table below. You need to score a min. 75% marks (750 out of 1000) to graduate from the Placement Guarantee course and get your certificate.
Course | Final Test Marks | Course Project Marks | VIVA | |
---|---|---|---|---|
Quick Commerce and E-Commerce | 120 | 150 | - | |
MS-Excel | 80 | 100 | - | |
Skill Development for Job Readiness | 50 | 100 | - | |
Total Course Marks | 250 (A) | 350 (B) | 400 (C) | |
Aggregate Marks (A+B+C) | 1000 |
Q. Can I change my course if I find the concepts of my current placement guarantee course challenging to understand?
Yes, you may request a course change to another program within the first 15 days of your batch start date if you find the concepts challenging to understand. This option is available only once per student under our Course Change Policy.
Q. How can I request a batch change if I face issues such as missed classes, unavailability, or professional commitments?
You can request a batch change at any time under our Batch Changing Policy. If you request a batch change within seven days of the original batch start date, no fee will be charged. If the request is made between 7 and 30 days after the start date, a fee of Rs. 999 will apply. For batch change requests made after 30 days, the fee will be calculated based on the additional months provided, multiplied by the monthly cost indicated.
Q. Which AI tools will I learn in the Supply Chain Logistics Placement Guarantee Course?
You will learn how to leverage ChatGPT like top logistics professionals in the industry.
Q. How will I learn the AI tools?
Your course instructor will conduct live sessions for you to learn and ask your doubts about the AI tools.
Q. How can I access the AI tools? Will I get a subscription for these tools?
Free versions of these tools are available so no subscription is required.
Q. Do we need prior knowledge for learning AI tools?
No prior knowledge is required. We will start with the basics.
Q. How is AI used in supply chain logistics?
Gen AI tools like ChatGPT can significantly enhance the efficiency of inventory and warehouse management. By analyzing historical data, these tools can accurately predict future demand, enabling more efficient inventory planning. Additionally, they can optimize storage layouts and automate tasks like order fulfillment and picking. This ultimately empowers supply chain professionals to make informed decisions and optimize inventory management strategies.