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What Makes SAP The Best ERP?

Enterprise Resource Planning, or ERP as it is commonly referred to as, is a category of business management software that aids in the management of business processes. It is at the core of a company’s technological system as it offers an amalgamation of all the features of the business, right from product development and manufacturing to marketing and sales. The aim of ERP is to establish collaboration between all the business processes to enhance productivity, decrease costs, and smoothen out the overall functioning.

Now, though there are a number of popular ERP software available in the market, SAP has become the top choice of most organisations, and that is primarily because of its ability to integrate and simplify the business processes like HR, finance, and the likes. It won’t be wrong to say that as ERP continues to gain importance in the eyes of the businesses, so does SAP. On that note, today, let’s find out what makes SAP the best ERP software in the market.

Market share of the top 10 ERP Organisations – SAP leading the list

Suitability for all scales of businesses

While most of the ERP systems are made to suit the specific scale of companies, SAP does not depend on the dimension of the business in its implementation. It not just offers facilities for direct implementation, but also makes transitions easy as the business grows. This is because SAP not only comes with multiple cloud solutions but also assimilates complimentary services such as PayPal and Google. It is for this flexibility that SAP offers, that the software is being used by Fortune 500 companies like Pfizer and Johnson & Johnson, and many other leading organisations across the globe.

Quicker implementation and faster financial payback

SAP is the most ‘value for money’ kind of an ERP software as it is not only highly useful for organisations in terms of raising the productivity, but also because it gives the fastest financial reimbursement. Moreover, the implementation time for SAP is pretty low, which means quicker success for businesses implementing it.

There are no redundant functionalities

Unlike other ERP software that are hard to learn, owing to their countless functions, most of which businesses don’t even use, SAP offers functionalities that a business actually needs. It thus becomes easier for both the organisations to implement, as well as for the employees to learn and work with the same without getting all confused.

Needs less customisation compared to other ERP systems

SAP needs minimum customisation compared to other ERP systems available in the market, and that also means it has a faster implementation time. However, this does not mean that there are no customisation options available for SAP. It’s just that using those options depend upon the demands and needs of the business, and even without much customisation, the software can work just fine.

The latest upgrades are rolled in regularly

SAP keeps on releasing newer versions of the system according to the needs of modern businesses. For starters, SAP R/2 was quickly substituted by SAP R/3, and then, by SAP ECC. As SAP strives to stay relevant as per the current times, it also keeps the businesses ahead of the curve.

It goes without saying that all these advantages have made SAP quite indispensable for businesses. No wonder, there is a soaring demand for SAP certified professionals all over the world.  As such, professional training in SAP and a certification in the same can really give you an edge in the 21st-century corporate landscape. We, at TimesPro, regarded as one of the Best SAP Training Institutes in Delhi and also one of the top SAP institutes in India, are here to ensure that you join the pool of skilled and certified SAP professionals with our hands-on, industry-centric SAP certification courses. With TimesPro, you get highly career-oriented, practical training under the guidance of experienced industry experts. Join SAP Training programme at TimesPro SAP training Institute to hone your skills and step closer to a world full of lucrative job opportunities.

To know more: https://timespro.com/what-makes-sap-the-best-erp/

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Types Of Logistics And Supply Chain Non-Sales Jobs

The logistics sector of India is estimated to be worth $150 billion, and its contribution to India’s GDP is a whopping 14.4%. Further, as per Redseer, a consulting firm, India’s logistics market will touch $330 billion by 2025. Of this, a significant percentage is contributed by the unorganised sector (small warehouses, freight forwarders, customs brokers, and so on) and only a small fraction by the organised sector. So, there is no dearth of job opportunities in this domain for the right candidate.

Your Job Options in Logistics & Supply Chain (Article Index)

Logistics     Planning and Administration Jobs

Inventory     control and Warehousing Jobs

Packaging     and Handling Jobs

Transportation     and Reverse Logistics Jobs

How     TimesPro PGDPLSCM Course Makes You Job Ready

Key Highlights

●     The logistics market in India is projected to reach $330 billion by 2025.

●     At present, the logistics industry in India employs more than 25 million people directly.

●     India happens to be amid an infrastructure development boom.

●     Joining the PGPLSCM course is the right step for a shining career in Logistics & Supply Chain.

Logistics     Planning and Administration Jobs

Logistics Planning and Administration will help the students to enter the profession of warehouse and distribution. The content of the course focuses on the comprehensive understanding of the intricacies of logistics and distribution operations, the problem-solving expertise employed by logisticians in complicated business environments, and the warehousing expertise required for managing the inventory. After completing the Post Graduate Diploma in Logistics and Supply Chain Management (PGDLSCM) course, the student will have a proper comprehension of the safety, equipment, tools, processes, operations, future trends, customer satisfaction, and regulatory issues within the industry.

There are lots of jobs available in this field and some of these are as follows:

  a) Logistics in charge – A person who oversees the logistics department and is accountable for the overall management of logistics. This kind of job responsibility consists of vehicle maintenance as well as vehicle monitoring plus maintaining the vehicle data as well.

Salary: ₹1,50,000 to 1,75,000 P.A

  b) Logistics & Supply Planning Manager – This person is responsible for the end-to-end fulfillment of order bookings, order takings, importing of items through logistics partners, detecting operational problem areas, resolving issues, and so on.

Salary: ₹3,00,000 to ₹11,00,000 P.A.

   c) Logistic Analyst – This person is responsible for analysing and coordinating the supply chain or logistical functions of a company.

Salary: ₹2,50,000 to ₹6,25,000 P.A.

  d) Logistics Administrator – This person is accountable for planning as well as monitoring of transportations, logistics, customer services, and warehouses.

Salary: ₹2,50,000 to ₹3,75,000 P.A.

Inventory Control and Warehousing Jobs

Here, the scope of the job will be to take care of some project deliverables by making use of the recommended project administration processes and tools. He will also be accountable for establishing strong relationships with the customers and producing customer-centric solutions. In case any conflicting situation arises, he should likewise solve them in a streamlined manner. A short-term Program in Logistics will help any candidate to secure the job of inventory control and warehousing.

Below mentioned are some jobs available under this category.

   a) Inventory Control Executive – Here, one is responsible for making sure that the company maximises paperwork accuracy and stock system while minimising stock holding.

Salary: Salary: ₹1,40,000 to ₹5,00,000 P.A.

    b) Inventory Control Manager – In this case, the person will be accountable for all the aspects of inventory management, including inventory tracking and conducting inventory maintenance.

Salary: ₹60,711 per month

   c) Store In Charge – The primary job of the store in charge is to communicate with the customers, maintain the bill book, and manage the store, collect products and dispatch, and so on.

Salary: ₹3,50,000 to ₹5,50,000 P.A.

    d) Warehouse Executive – it will be possible to procure the job of a warehouse executive after procuring an Online PG Diploma in Logistics in India. The person is responsible for supporting everyday operations in the warehouse.

Salary: ₹1,50,000 to ₹2,00,000 P.A.

    e) Warehouse In Charge – The warehouse in charge is responsible for supervising all the activities of the warehouse involving overall team performance, ensuring organised and efficient storage, and so forth.

Salary: ₹3,00,000 to ₹5,00,000 P.A.

   f) Warehouse Manager – The responsibility of warehouse managers is to monitor the receipt, dispatching, as well as storage of products. One will be able to procure the job of warehouse manager by completing an Online Course in Logistics & Supply Chain in India.

Salary: ₹5,00,000 to ₹7,00,000 P.A.

Packaging and Handling Jobs

On most occasions, the responsibility of a packer will be to retrieve the products required from the inventory, verify whether they are in proper condition, and pack them for shipping after wrapping them securely. This kind of job might entail physical strength for lifting and packing heavy products. Let us look at some jobs under this category.

   a) Loading and Unloading Supervisor – In this job, one needs to make sure that the products are handled safely.

Salary: ₹2,00,000 P.A.

Transportation and Reverse Logistics Jobs

This category takes care of transporting goods from the manufacturer to the buyer.  Reverse logistics involves transporting goods from customers to manufacturers in case of returns or recycling. Let’s look at some jobs in this category.

     a) Logistics & Transport Manager – One is responsible for managing the movement of people and products by various means of transport. Logistics operations is also his responsibility.

Salary: ₹3,00,000 to ₹6,00,000 or more P.A.

    b) Marketing Manager (Transport & Logistics) – In this one is required to generate leads, network with stakeholders, and be a go getter.

Salary: ₹6,00,000 to ₹8,00,000 P.A.

    c) Executive Crew Control and Logistics – This is an airlines job where one is required to monitor crew systems, procure accommodation for crew, manage crew transportation, resolve crew concerns, etc.

Salary: ₹4,00,000 to ₹5,00,000 P.A.

    d) Reverse Logistics Manager – Responsible for cost-effective and efficient reverse logistics solutions. He also identifies and minimises the reasons for returns and manages reselling, repairs, repackaging, and recycling. He also analyses and monitors returns data.

Salary: ₹5,00,000 P.A.

How TimesPro PGDPLSCM course makes you job ready?

Logistics and Supply Chain involves a wide range of jobs consisting of a network of manufacturers, suppliers, and retailers together with intermediaries such as brokers, freight companies, and warehouses which help to accomplish the manufacture-sale-delivery cycle.

Post Graduate Diploma in Logistics and Supply Chain Management (PGPLSCM) is a comprehensive course designed by industry watchers, vertical experts, and sector specialists after in-depth research. This course offered by TimesPro will help to improve the domain know-how of the participants and will make them job-ready by providing them with the required skills for various logistics and supply chain jobs.

There are several benefits associated with the program provided by TimesPro such as the following:

●        Intensive curriculum based on the industry needs

●        Intensive curriculum delivered across only 4 months

●        In-built industry certifications

●        Blended learning along with practical project experience

This course in Logistics & Supply Chain in India is also quite affordable for most of the students in the country and TimesPro has already helped lots of students to start and prosper in their careers successfully.

Know more about the PGPLSCM program by TimesPro.

https://timespro.com/types-of-logistics-and-supply-chain-non-sales-jobs/

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How Young Professionals Can Prepare For a Job in Media and Marketing

The global digital marketing sector was valued at $340 billion in 2020 and is projected to reach $640 billion by 2027, with emerging economies like India playing a major role in its growth.[1] India has a media and entertainment market valued at INR 1.38 trillion and is the fastest-growing internet advertising market in the world, with a compound annual growth rate (CAGR) of 18.8% from 2020 to 2025.[2] Rapidly expanding access to smartphones and 4G internet connectivity has led to a huge increase in the amount of digital content being consumed by the Indian population. This has proved to be a golden opportunity for companies to market themselves through digital media and tools. While the demand for media and marketing services is at an all-time high, companies are finding it increasingly hard to recruit appropriate talent.

  Understanding the Skills Gap

 The emergence of novel media and marketing tools such as OTT, e-marketing, and mobile marketing, has offered a window for every organisation to make its mark in the market. However, throughout the world, organisations have expressed dissatisfaction with the existing skill sets held by media and marketing professionals. In addition to a shortage of technical skills essential for effective digital marketing such as search engine optimisation (SEO), marketing analytics, web design and other digital tools; professionals also lack new-age managerial capabilities, effective communication skills, and strategic thinking abilities. A report by India’s Ministry of Human Resources recognises that while there is no shortage of aspirants in the media and marketing industry, there is a severe lack of professional training and relevant skills among these aspirants.[3]

 Skills Needed by Media and Marketing Managers

 Today’s media and marketing professionals need to have strong digital marketing skills and knowledge of modern marketing tools. With the advent of big data, professionals also need to know how to manage, process, and understand data. This not only requires data analysis skills and training in tools such as Google analytics, but also a data-driven mindset. Further, with tonnes of content being created every day on the internet, professionals also need to have a good grasp of search engine optimisation to ensure that content reaches the targeted audience. The content needs to be of high quality and tailored to the needs of the audience. This requires excellent writing and communication skills alongside design and visual capabilities. On top of this, media and marketing managers also need to have a good grasp of contemporary management practices. The following image provides a brief overview of these skills.

  Bridging the Skills Gap with TimesPro’s PGCMM

 The skills vacuum caused by a lack of trained professionals in the field of media and marketing can be addressed through intensive upskilling. Most traditional diplomas in media and marketing train professionals only in technical and role-specific skills, forcing them to remain in similar job roles for a long period of time, and offering little to no career growth. In opposition to this, the PG Certification in Media and Marketing (PGCMM), offered by The Times Group with Bennett University as its knowledge partner, equips professionals with the skills required to be an all-around management professional in the field of media and marketing. Furthermore, after completing the PG Certificate Program in Media and Marketing, aspirants get a job with The Times Group, the biggest media conglomerate in India.

  With an aim to equip learners with the practical skill sets required to succeed in the media and marketing industry, TimesPro’s Post Graduate Certificate in Media and Marketing offers 360-degree job training to participants. The programme content includes topics like basic economics, finance, communication, leadership, storytelling, SEO, web design, social media, marketing analytics, media research, and working knowledge of multiple media verticals.

 TimesPro’s Certificate Programme in Media and Marketing is taught by expert faculty and industry mentors who are highly trained and experienced in the media and marketing sector. The programme is also very exclusive, with a small class size of 40 learners, ensuring a rich peer-group experience. The biggest benefit of this programme, however, is the fact that it comes with a pre-enrolment offer that gives one the opportunity to be directly hired as a NextGen Media and Marketing Manager with The Times Group. The fact that learners are inducted by The Times Group even before they start their learning journeys makes PGCMM an excellent option for freshers. With salary packages ranging from INR 4 to 6 lakh, the programme offers one of the most competitive salaries for freshers in India. Furthermore, by training for the job, learners can utilise their maximum potential to grow their careers. By being associated with a brand like The Times of India Group, young professionals who enrol in TimesPro’s PGCMM can gain a strong competitive edge that will fast-track their career growth.

  To know more:

https://timespro.com/course/bennett-university-post-graduate-certificate-in-media-and-marketing/

[1]https://www.imarcgroup.com

[2]https://www.businessinsider.in

[3] https://www.thehansindia.com

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5 Ways To Kickstart Your Career In Media & Marketing

Penetration of the internet has played a significant role in increasing the reach of media. India is the highest consumer of data, making the internet and digitisation a powerful tool to create an impact in the market.

 Media and marketing approaches and industries have made a huge leap over the last decade, with digital media taking over the market rapidly. According to a recent report by ‘Dentsu-e4m Digital Advertising in India 2022’ consumers, as well as businesses, are turning to digital media for their marketing. This has pushed the Indian digital advertising industry to reach overwhelming growth. The report has projected that the Indian digital industry will reach Rs 35,809 crore by 2023 with a growth rate of will 29%. The contribution of Digital Media is projected to be 38% on par with television.

 Hence you can imagine the huge scope of a career in Media & Marketing.

 Building a Career In Media & Marketing (Article Index)

 Understanding Media Marketing & Its Scope

5 Ways To Kickstart A Career In Media & Marketing

The Best Post Graduate Certificate In Media & Marketing

Key Highlights

 As e-commerce has proven to be the emerging digital spine of the retail industry, small- size to large whales of the market have realized the immense potential of adhering to advertising on eCommerce platforms to reach out to maximum consumers.

In digital media, social media platforms like Twitter, Facebook, Instagram, etc., and online videos like YouTube have showcased consistent and potential growth over the years. They remain the strongest platforms on digital media.

While the traditional media have showcased a growth rate of 12.6%, digital media is leading the entire marketing industry with twice the overall industry’s growth.

With a post-graduate diploma in digital marketing, you can brighten your job scope. Digital Marketing Manager salary in India is in the range of ₹ 3.1 Lakhs to ₹ 19.4 Lakhs, average salary being ₹ 7.2 Lakhs. A Digital Marketing associate can earn from ₹ 1.2 Lakhs to ₹ 5.5 Lakhs.

Understanding Media Marketing & Its Scope

 The report ‘Dentsu-e4m Digital Advertising in India 2022’also reveals that digital media has diversified scopes of interest, with the highest proportion spent on social media (29%, Rs 6,218 crore), followed by the latest trends of Online Video (28%, Rs 5,907 crore). Next is 23% (Rs 5,039 crore), which is spent on paid search, with 16% (Rs 3,420) spending on display banners. Further as per the report, the Digital media is expected to have an overall growth rate of approximately 30% in 2022, so by the end of the year, the market size will be around Rs 27,759.

 The report further states that the estimated spending on advertising in the eCommerce sector was around Rs 6,300 crore in 2021 and is expected to grow at a rate of 36% in 2022.

 Thus, Digital Marketing is constantly opening new avenues of learning. With versatile social media platforms, video marketing, blogs, vlogs, etc., just being a vlogger might not be enough to gauge the market trends. You need to learn the technicalities of online marketing.

 This has opened up new avenues of growth for the marketing professional. Their roles have become more diversified. Out-of-the-box thinking, a unique approach towards things and new ideas, today marketing is all about adapting the latest trends and infusing the same to create a better impact.

 As given on Weforum.org, a lot happens on the internet in one minute. As per research, every 500+ hours of content was uploaded on YouTube and nearly 7 lakh stories were shared on Instagram.

 Here comes the role of digital media and marketing professionals. With the post-graduate certificate in media & marketing, you learn about the different strategies that can be a difference creator.

 When it comes to the prospects of media marketers, there are diverse roles to choose from. If you are willing to complete the post-graduate diploma in digital marketing, then you can explore a number of job opportunities like Social Media Marketer, Influencer, Email Marketer, Blogger, Brand Manager, Online Content Developer, Business Analytics Specialist, Search Engine Optimisation Specialist, Digital Marketer, etc.

 In public relations, content marketing, videography, influencer marketing, banners and ad designing, the Media and Marketing industry has huge scopes. You must pick your field of a career in digital media following your interest to succeed in the field.

  5 Ways To Kickstart A Career In Media & Marketing

 Build a strong online presence

If you want a successful career in media marketing, then it is important to learn how to build a strong online presence. Joining social media groups and communities helps in establishing a strong presence. But this is not enough; you must focus on self-growth. Starting a blog or building up your social media platform with unique content and video will make things work in your favour. A strong LinkedIn profile is a great way to garner attention.

 Keep up with Latest Trends

Digital media is evolving and advancing daily with new social media sites, apps, video platforms, social media approach trends, etc. With Google, Instagram, Facebook, and Twitter being market leaders, you need to learn and follow their platform behaviour, patterns, and algorithms regularly.

 Check and read through top social media influencers, go through journals and stay updated with the latest releases on PPC, Google algorithms, and SEO. You may check out Search Engine Land for SEO updates or Search Engine Journal. Hubspot, Social Media Today, and HubBub PPC hero are some of the great sources you can learn from.

 Build Your Network

Stay in touch with people who belong to the same industry. You must focus on building a strong network with the people doing exceptionally well in the business. Their learning can be a great motivation for you. Attending digital marketing conferences and meetings will further strengthen the bond and help you build your career.

 Learn and Polish Your Skills

Advertising and Media is an industry that is constantly going through changes, adopting innovative approaches and ideas. Hence, it is important to develop the soft skills that will help you in building a strong career. The right communication skills, presentation skills and decision-making skills are the key traits which the companies are looking for, and a postgraduate certificate in media & marketing covers all these aspects along with new marketing techniques like cost per action CPA, search engine optimization, content marketing, etc.,

 Choose the best course

As much as it is important to focus in the right direction, you must also emphasize that choosing the best college is equally important. Several colleges offer a postgraduate certificate in media & marketing, but only a handful of them will provide you with industry-oriented knowledge and skill. You must check the pedagogy of the institute followed by the instructors and the assistance it offers. TimesPro is one of the most recognized institutes offering this course, wherein you will get acquainted with all digital marketing concepts and their application.

 The Best Post Graduate Certificate in Media & Marketing

When looking for post-graduate programs in media and marketing, you must look for courses specially crafted for working professionals with either weekend classes or online class modules. So here are a few factors which you must check to pick out the best course:

 Online class modules

Experienced faculty

Institute rating

Detailed Course modules

Placement assistance

Placement partners

The Post Graduate Certificate in Media & Marketing (PGCMM) is a professional media and marketing course designed by TimesPro School of Media & Marketing in association with Bennett University, the Knowledge Partner. This is a suitable program for even professionals who are working since it is an 11-month online course with a 1-week campus residency.

 Besides, one of the best benefits of adhering to this post-graduate certificate in media & marketing is that TimesPro records to have 95% placement commitment fulfilled. With more than 350+ recruitment partners, you can give your career a booming start-up. Besides, you get an added advantage of a pre-enrolment job offer at a CTC of ₹4 – ₹6 LPA. This program is for:

To know mrore: https://timespro.com/5-ways-to-kickstart-your-career-in-media-marketing/

[timespro30]

Increasing Importance Of Supply Chain Management In E-Commerce Sector

Gone are the days when only a handful of people used to shop online. Today the e-commerce sector has penetrated significantly in even small cities across the nation. This year, it is expected that we will witness a growth of 21.5% in the e-commerce sector in India. E-commerce websites have come a long way from just a few players in this domain to an entire industry with thousands of websites selling millions of products worldwide.

This growth has led to numerous competitive e-commerce businesses. There are more than 19,000+ e-commerce companies in India, and all are selling different products or a variety of products. Each of them is trying to offer the best offers and prices to the consumers in order to lure even more consumers to their web page. The Top e-commerce courses in India aim at preparing young aspirants to become job-ready and grab lucrative jobs in well-known companies.

Role and Benefits of SCM in E-Commerce (article index)

Future     of Supply Chain Management in the e-Commerce Sector

Latest e-Commerce     Trends and Effects

Why Supply Chain     Management in e-Commerce Sector a Great Career Choice?

PGP in e-Commerce and     SCM Course – Features and Benefits

Future     of Supply Chain Management in the e-Commerce Sector

Transparency:     With a streamlined supply chain process, it becomes easier to have     detailed tracking and management of all the processes involved in a     business. An SCM manager can closely monitor each step of supply,     production, warehousing, and distribution and invigilate the ongoing     activities transparently.

Speedy     deliveries:Timely delivery only     makes the customer happy and makes them shop again; however delayed     deliveries may leave a negative impact on the consumers.

Cost-Reduction:     Reduction in cost via enhanced efficiency is the primary role and benefit     of SCM in e-commerce.

Data     Analysis:Better data analysis     is felicitated by SCM in the E-commerce industry for more accurate     decisions.

Returns     and exchange:Smooth reverse     logistics operations are also possible.

Latest     e-Commerce Trends and Effects

        More E-Commerce Stores coming up: It might look as if this boom in this industry is at its peak, but we need to understand that this is not the peak yet. More e-commerce websites and stores are to come, which will only increase the demand for supply chain managers.

        Growing inclination of people toward online shopping: There is a growing trend to purchase online. The pandemic has also played a significant role in this. In 2019, 135 million did online shopping, and this number increased to 150 million in 2020.

        Innovation in Delivery: With the high competition, every e-Commerce store tries to do something innovative to lure more consumers like morning deliveries, 30-minute delivery, same-day delivery and more.

        Process Improvement: With the introduction of AI, Blockchain and barcoding, the overall experience of buyers is increasing exponentially. Delhivery, one of India’s leading businesses in logistics, has decided to enter into a drone delivery system. The company will be working along with Transition Robotics Inc.

        Technological Advancement: This trend is something to look forward to. Several big players have started testing deliveries using drones, reducing the delivery time significantly. The use of RFID, WMS and data analysis has only helped the e-commerce platforms to attract and reach a wider consumer range by using the appropriate data.

○     Supply Chain Analytics: The use of supply chain analytics has helped businesses grow by helping them to find more accurate data and make better predictions. This, in return, helps them to construct and maintain a better supply chain.

●     Better distribution and warehousing:  These are being emphasised for better efficiency and keeping in mind all the technological advancements in this domain.

Why     Supply Chain Management in e-Commerce Sector a Great Career Choice?

●     Rapid Growth: Logistics is a rapidly growing industry, and we saw its potential during the pandemic when every industry was in trouble. This was the only industry doing profitable business. As per an estimate, the SCM industry will growat a rate of 9 to 10 per cent in the coming years. The SCM market in India was projected to reach almost $300 billion by 2021.

●     High Pay: The average annual salary of a supply chain manager in India is estimated to be ₹13.0 lakh. The estimated take-home salary can range from ₹3.8 lakh to ₹26.0 lakh depending on experience and expertise.

●     International Travel: This domain gives immense opportunities to the employees travelling internationally as the manager is responsible for maintaining good relations with the vendors either virtually or physically.

●     Industry Options: This industry is not only limited to supply chain management but to a variety of job options like warehousing, wholesaling, postal services and any other sub-sector.

●     Low entry barrier: This profession does not ask for high educational eligibility. All one needs is appropriate and relevant skill sets of a good manager; and once someone enters this domain, the sky is the limit for growth.

Why SCM roles are going to be in demand?

Supply Chain Management roles will be in demand in the coming future. As discussed above, this field will only grow exponentially in the coming years. The upcoming demand will force both the small and big organisations to improve and upgrade their supply chain, for which they will be required to hire more supply chain professionals for various functional areas like procurement, planning, inventory, warehousing, finance, and sales, distribution, etc.

Post Graduate     Programme in e-Commerce and SCM – Features and Benefits

The online courses in Supply Chain Management in India by TimesPro offers a unique learning experience. The pedagogy has been prepared as per the industry requirement, thus making it beneficial for every student. The most prominent benefits that one may gain from this the may short-term e-commerce courses in India are as follows:

●     Manage Supply Chain Planning

●     Turn into a Procurement and Inventory Specialist

●     Know about ERP and advanced excel toll

●     Develop decision-making strategies

●     Become an expert in Logistics Functions

●     Understanding e-commerce operations, AI and Barcoding

Key Features of Timespro’s SCM Course.

The following features make Post Graduate Programme in e-Commerce and Supply Chain Management (PGPESCM) the best course in logistics and SCM.

●     An award-winning education initiative of The Times of India Group

●     A professional educational course aimed at bridging the skill-gap

●     Custom-design professional course for career excellence

●     Placement assistance across e-Commerce, Logistics and SCM

●     A remarkable record of placing 13,500+ students across TimesPro programmes

●     Makes candidates eligible for popular job roles in SCM

●     Covers advanced e-Commerce and Supply Chain topics

●     3-months intensive training by experts

●     Teaches Blockchain, Barcoding, Drone Technology, WMS, Data Analytics and RFID

●     Built-in industry certifications and practical training

A diploma in Supply Chain Management will give one the access to the most comprehensive learning experience. Post-completion of this online e-commerce course, one will be able to apply for various supply chain management jobs. Know more about the short-term programme in Logistics.

To know more: https://timespro.com/course/post-graduate-programme-e-commerce-supply-chain-management/

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Building a lucrative career in the Wealth Management Industry

By Mr. Arun Kabra Chief Financial Officer & President – Enterprise Business, Times Professional Learning

 Wealth management is increasingly popular and burgeoning in the finance sector and offering several avenues for growth for ambitious and young professionals. It also provides plenty of opportunities to build a lucrative career.

 By 2017, there were close to 2,70,000 HNIs in India and estimated to reach 9,50,000 by 2027. With the increase in the number and wealth of High-Net-Worth Individuals (HNWIs) and Ultra-High Net Worth Individuals (UHNWIs), there is also an increase in the demand for competent wealth managers who can offer holistic and integrated wealth management services.

 In India, wealth management involves financial and investment counselling for affluent clients. The wealth managers make decisions in the client’s interest by reducing financial risks and opening the door to many profitable options. The rising demand for different investment options has played a significant role in making this industry reach new heights. Undoubtedly, India’s wealth management industry has come of age in the last five years.

 Evolution of the Wealth Management Industry

 The wealth management industry has come out as one of the most thriving industries around the globe. In 2020 the global wealth management market was valued at $1.25 trillion and projected to reach $3.43 trillion by 2030. The aspiration for a luxurious and secured lifestyle has pushed people to figure out various sources of income. One such source is investments in profitable ventures, assets, stocks and more.

 India has become home to several fintech startups that have created waves of change in the industry. Advanced technologies like robo-advisor, artificial intelligence (AI), robotic process automation, and digital identification (ID) have made their mark in the wealth management industry. The digitisation of financial services has created a need for a workforce skilled in technology.

 The wealth management industry is rapidly growing, and so is the demand for credible wealth managers. Boston Consulting Group (BCG) published a report ‘Global Wealth 2021: When Clients Take the Lead’ that stated, “Financial wealth grew among Indians at 11 per cent per annum from 2015 to 2020 and further expected to increase at 10 per cent per annum to US$ 5.5 trillion by 2025.”

 Career Journey as a Wealth Manager

 If you are a fresh college graduate interested in wealth management, the role of an assistant relationship manager would be the first step for you. When you progress to the next level, you will no longer assist another manager, rather be responsible for handling your own clients as a relationship manager or client advisor. With more experience, these professionals can also eventually work for a family office or start their own firm. As a senior investment professional, you can also eventually transition into private wealth management.

 To know more: https://timespro.com/

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The Most Common Myths About Supply Chain Management Debunked

Supply Chain Management (SCM) is the management of the complete flow of goods from their original manufacturing location to their consumption point. It includes tracking the shipment, managing inventories, reverse logistics, overseeing production, warehousing, boosting sales, and enhancing distribution. Thus, the supply chain plays an integral role in the success of the manufacturing and retail business. Between 2022 and 2027, the supply chain industry is expected to grow at a CAGR of 14.72%.

The top trends of SCM in 2022 are technological advancement and digitisation, tech-enabled remote sourcing using technologies like AI, Virtual Reality and Blockchain, usage of drones for last-mile deliveries, energy-efficient smart warehouses, and usage of greener transportation methods. As per Technavio, due to increasing manufacturing and government reforms, the third-party logistics market in India is expected to grow by $10.74 billion from 2020 to 2025 growing at a CAGR of 8%.

SCM Has Huge Potential (Article Index)

India’s e-Commerce     & Supply Chain Management Market Trends

Common     Myths About Supply Chain Management

PGP     in e-Commerce and SCM

India’s     e-Commerce & Supply Chain Management Market Trends

The pandemic gave a     huge boost to cloud technology, and it is now expected to be an estimated $1,250 billion industry by 2028.     Technological advancement and digitalisation opened the door to     transparency and end-to-end encryption of the sensitive data involved,     which is valued tremendously in this era. This enables the stakeholders to     make instant decisions in real-time without worrying about their privacy     and security.

The post-pandemic     restrictions have made it quite difficult for logistic businesses to     enable standard procurement procedures. Travelling or shipping through the     standard procurement process is often halted, and the only feasible     solution to tackle this problem is tech-enabled sourcing.

The third-party     e-Commerce platforms have gained more power in their favour, giving them     more control over the global retail sector. SME retailers will probably     emerge as a sector with a greater share, resulting in a shift of sourcing     towards small sized retailers. Small-sized retailers who work for multiple     buyers will lead to a global sourcing shift, changing the traditional     industry algorithm.

Companies are becoming     more environmentally friendly, and even customers favour such companies.     There is increasing use of green energy in the transportation segment as     companies are adapting to greener alternatives.

Common     Myths About Supply Chain Management

Myth #1: Technical/Engineering background is a must.

It is true that the logistic and SCM domain is witnessing significant technological advancement and sophisticated engineering. Yet, there is no rule or requirement that anyone with no such background is barred from entering this domain. If you are a graduate, you can do one of the short-term courses in logistics and supply chain management, and open doors to immense opportunities. TimesPro’s short-term online e-Commerce course will make you adept in domain-related knowledge and industry-relevant softs skills to help you wider your horizons.

Myth #2: A career in Supply Chain Management is monotonous.

Many people associate supply chain jobs with monotony and dullness; however, the truth is different. In fact, supply chain jobs are quite challenging and exciting for those with an analytical bent of mind. The lack of proper research and knowledge of this stream is the core reason why people usually overlook it as a good career option.

The jobs are demanding and interesting for those who like to be on their toes. Whether it is ensuring timely shipments, tracking inventory, managing the warehouse, procuring raw materials, managing finance, or making new projections, every role has inherent challenges and offers learning opportunities.

Myth #3: Cost cutting is the prime focus of SCM.

It is a big misunderstanding that one needs to constantly think of ways to cut down costs of operation to gain maximum gains. Cost-cutting is not what the key focus is. The focus is on improving efficiency through proper management of SCM, timely deliveries, reverse logistics, etc. When efficiency is attained via the best use of resources, operational costs get reduced automatically. Another main benefit is happy consumers, repeat customers and enhanced ROI. It is worth mentioning here that regular inspection must be made on the unwanted and unnecessary expenses for optimum use of resources.

Myth #4: All decisions originate from data.

Making the right decision is crucial for every business today where data is playing a key role. However, forecasts or predictions made based on data are not always accurate. There can be a margin of error in these predictions. Even in today’s data-driven age, human wisdom cannot be underestimated when it comes to making key SCM business decisions.

Myth #5: Automation is apt for moving forward.

Automated processes indeed result in more efficiency by lowering cycle times, lower operational costs, minimal transportation, and delivery errors, etc. This is why we often hear of AI-powered warehouses, machine packaging, automated inventory management and so on. The truth however is that automation is not good in all SCM functions and situations. Too much automation can disrupt the supply chain in case of technical fault and result in downtime and losses thereby. Other disadvantages are security concerns, and mistakes that are overlooked, and involves huge investment.

Myth #6:: Supply Chain Management is not a great career option.

The future of Supply Chain is bright. Post-pandemic it has evolved into a key sector despite the challenges. Rise of e-Commerce, digitisation, new players, investments, new policies are the key growth drivers. The Indian logistics and SCM market were projected to reach more than $300 billion by the end of 2021. e-Commerce logistics is also gaining momentum. Demand for timely shipments is high. Competition is cut-throat and lots is happening. Opportunities are immense for the right candidate and salaries are good. As per Ambition Box, A Supply Chain Management’s Manager’s salary in India can be anywhere between ₹3.8 Lakhs to ₹26.0 Lakhs, average salary being ₹13.0 LPA.

PGP     IN E-COMMERCE AND SCM

Post Graduate Programme in e-Commerce and Supply Chain Management by TimesPro is an exclusive course developed and designed for potential candidates looking forward to a promising career in SCM. It is among the best Post Graduate Programmes in SCM available in the country.

It has been designed by top professionals, specialists, veterans, and industry watchers so no key aspect of the industry is left untouched. It helps candidates to get started in a perfect way and a few years later be the best-in-class managers who will shine in their careers, seeing the desired success they have always dreamt of.

To know more:

https://timespro.com/the-most-common-myths-about-supply-chain-management-debunked/

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Key Benefits Of Getting Into Logistics Career In India

It is a fact that the Logistics and Supply Chain (LSC) industry has globalised trade and commerce to a great extent. This is mainly because of infrastructure development, digitisation, rising economic relevance, rising export, new-age technologies, and implementation of global best practices. Added to this, there are plenty of employment opportunities in this sector.

 India is aiming to be a $5 trillion economy, and the logistics sector will play a key role in this. Government of India initiatives like Gati Shakti and the plan to implement the National Logistics Policy (NLP) are crucial. As a result, millions of jobs are being created in the different subsectors of the logistics and supply chain industry. Thus, it is a lucrative career stream for beginners as well as skilled professionals out there. It makes sense to pursue the Post Graduate Program in Supply Chain Management in India provided by TimesPro right now in order to be industry-ready.

 Why Logistics and SCM is a Good Career Choice? (Article Index)

 Immense Career Scope

Growing LSC Industry

LSC Employment Trends in India

Lucrative Salaries

Challenging Job Situations

How does the TimesPro Course Help to Build a Career in the LSC Industry?

 Immense Career Scope

Logistics and Supply Chain Management have several sub-domains like warehousing, supply chain, distribution, reverse logistics, procurement, etc. Hence, in today’s booming scenario, it offers a promising career path to the right candidates who are aware, self-motivated, skilled and have domain knowledge.

 There has been a significant development in world trade during the last few years. After being manufactured in one location, the products are shipped and marketed in other locations across the globe. In fact, globalisation is responsible for driving economic growth to a great extent.

 This implies that managing supply chains have become quite essential for many large companies. The majority of the most successful companies in the world have become successful because of efficient management of the supply chain.

 Those having a degree or certification in logistics or supply chain management have a bright career ahead of them. You can also get to work on international assignments. It is expected that things will become even more intriguing in the future. An online PG diploma in logistics in India by TimesPro promises placement assistance for lucrative job options.

 Growing LSC Industry

It is a fact that India happens to be the main destination for logistic service providers right now. The logistics industry is booming. This has been possible due to the enhanced purchasing capacity of the consumers of the middle and upper-class segments, growing e-Commerce, government policies, and other factors mentioned above in the article.

 As per the McKinsey Global Institute (MGI), “India’s logistics sector would expand at a compound annual growth rate of more than 10%, from $200 billion in early 2020 to at least $320 billion in 2025.”

 LSC Trends Worth Checking Out

Trends shaping the supply chain management are AI, Increased Focus on Sustainability, The Internet of Things, Digitisation, Risk Management and Resiliency, Increased Visibility, Circular Supply Chain, Cloud-Based Solutions, etc.

As published on Business Line, “The sector is now a frontrunner and major driver of not just national and international trade but also the lifeline of smaller businesses, start-ups, and entrepreneurs.” The prime reasons for this are the rise of organised players, capital influx by external investors, greener operations, etc.

According to the National Sample Survey, the employees are mainly distributed in Calcutta, Mumbai, Ahmedabad, Hyderabad, Surat, Bangalore, and Indore.

Innovative opportunities for young people are being created due to improving income and speedy development in organised e-commerce, QSR, retail, and so on.

The TimesPro’s Post Graduate Diploma in Logistics and Supply Chain Management (PGDLSCM) aims at addressing the skill gaps in this sector.

 Lucrative Salaries

   a) Fresher jobs

 Logistics and Procurement Salary: ₹3,00,000 P.A.

Logistics Executive Salary: ₹4,00,000 P.A.

Logistics Operations Salary: ₹3,25,000 P.A.

  b) Mid-level jobs

 Purchase & Logistics Engineer Salary: ₹4,50,000 P.A.

Production Planner Salary: ₹4,00,000 P.A.

   c) Manager-level jobs:

 Purchasing Manager Salary: ₹6,00,000 – ₹9,00,000 P.A.

Logistics Manager Salary: ₹8,00,000 – ₹12,00,000 P.A.

Supply Chain Manager Salary: ₹3,00,000 – ₹5,00,000 P.A.

  d) High-level Jobs

 Director of Logistics Salary: ₹40,00,000 P.A.

Supply Chain Head Salary: ₹30,00,000 P.A.

Director, Supply Chain Management Salary: ₹30,00,000 P.A.

Challenging Job Situations

It can be rightly asserted that every day is quite different in the logistics industry, and a fulfilling and challenging career is assured because of the nature of the work. While you might be required to deal with a modest local start-up one particular day, the other day, you might be organising an extensive logistic strategy with a multinational company. Every single day is quite challenging and rewarding in the logistics sector.

 How does the TimesPro Course Help to Build a Career in the LSC Industry?

Effective logistics and supply chain management is essential for manufacturing companies. Nevertheless, there is still a large gap between the demand and supply of trained and experienced SCM professionals out there. The online course in logistics & supply chain in India happens to be an online course that spans 4 months and imparts domain knowledge successfully and effectively.

 The PG Diploma course in logistics & supply chain in India, provided by TimesPro, follows a blended approach to learning and will also offer you hands-on experience through projects. The extensive curriculum of the course has been formulated after comprehensive discussions and research with veterans, specialists, and industry watchers. By undergoing this Diploma in Supply Chain Management, you will be able to comprehend the facets of SCM and also know how supply chains can be operated quickly and cost-effectively. The post graduate diploma in logistics management will provide you with the required skills, valid credentials, and domain knowledge that will help you to become established as a most sought-after SCM professional.

 Get more information on PGDPLSCM courses offered by TimesPro.

To know more: https://timespro.com/key-benefits-of-getting-into-logistics-career-in-india/

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Things You Must Know Before Getting Into The Insurance Sector

When you think of an insurance career, the first thing that comes to your mind is an insurance agent. But insurance career does not mean only being an insurance agent. There are a whole lot of insurance job options ranging from relationship managers and claim adjusters to underwriters, risk analysers, insurance surveyors and more.

Every position has different responsibilities to fulfil. Thus, employers look for qualified and skilled people who can justify the job by performing competently. Certificate Programme in Insurance Sales & Service Management (CPISSM) is an online insurance management course by TimesPro that will show the right career path to freshers considering an insurance career.

Insurance Sector & Career Insights

Various Jobs in the     Insurance Sector

Necessary     Skills to Succeed in Insurance Job

Know     this Before Entering the Insurance Industry

Various     Types of Insurance Companies

Getting     Started in the Insurance Industry

Key Highlights

●     CPISSM makes candidates future-ready by equipping them with the right knowledge and skills that employers are seeking.

●     The course is focused on insurance sales, understanding buyers’ journey, management skills and more, giving candidates a strong foundation for a promising career ahead.

Various     Jobs in the Insurance Sector

The following are few among the vast number of roles available in the insurance industry:

●     Relationship Managers

●     Customer Care Executives

●     Administrative Officers and Assistants

●     Claims Personnel

●     Underwriters

●     Marketing Officers

●     Clerks

●     Insurance Surveyors and Agents

●     Claims Adjuster and Examiners

●     Risk Analysers

●     Actuaries

●     Loss Control Specialists

Necessary     Skills to Succeed in Insurance Job

Apart from the knowledge gained through a PG diploma or a certificate course in insurance, you must have some necessary skills to ensure a smooth journey in the field of insurance. Every job role in this domain necessitates interaction with customers at various points.

●     Communication skills: No matter whether you pursue insurance management courses online or offline, nothing will be fruitful if you can’t handle the customers, convince them, and answer their queries well. So, you need to have excellent communication skills.

●     Analytical & Mathematical skills: Your mathematical skills should be enhanced to carry out all the calculations that are a part of this niche. You should have a very analytical mind to judge and see what the situation is like.

●     Organisational skills: You must be very organised because of the numerous records and clients that you will need to handle. One small mistake could cost both you and your client a lot in terms of finances.

●     Problem-solving & Patience: While solving problems you should be creative and most importantly have a lot of patience in dealing with them. Perfection is achieved not just by taking a short-term insurance course but also by putting your knowledge to practice.

Know     this Before Entering the Insurance Industry

Every industry has its pros and cons. You must consider and weigh everything you need before you even take up one of the short-term insurance programmes.

●     Insurance is divided into Life Insurance and Non-life Insurance (General Insurance). Both are governed by the IRDAI (Insurance Regulatory and Development Authority of India).

●     In India there are 58 insurance companies. Out of which 24 companies are into life insurance whereas 34 companies are into the non-life insurance segment.

●     Life Insurance Corporation (LIC) is the only public sector insurance company in the life insurance segment. However, in the non-life insurance segment, there are six public sector companies.

●     Growth projections for Private Life Insurers is retail APE growth at a CAGR of 17% during 2021-23. New retail term premiums may double in five years. The Private Non-life insurance segment is to grow at 16% in Financial Year 2022 and 14% in Financial Year 2023. Standalone Health Insurance companies is expected to grow beyond 25% in Financial Year 2022 due to high demand for healthcare.

●     There are no fixed working hours, so there is no reason to complain that you have been working all day long without break. However, whatever and whenever the situation demands, you need to be on call.

●     You must as a rule remember that the insurance industry does not thrive on salary alone. There are perks and commissions too. Hence, a greater number of clients is equal to more amount of commissions.

●     Projections say that 50% of the insurance employees will retire by 2028. This means more employment opportunities for freshers as well as experienced professionals.

●     Plan well and then implement it suitably, and nobody can stop you from succeeding. If you have taken up any insurance management course in India, then you are surely on the right career path. Only if you are well-versed with industry trends and insurance products can you explain to your clients in detail with confidence.

●     Despite the boom, various challenges faced by the insurance sector are using data intelligently, enhancing customers’ experiences, low penetration, low rural participation, lack of financial literacy, etc.

In conclusion, the key to success is to upgrade your domain knowledge and acquire the required skills. Timespro’s Insurance certification course CPISSM offers 120 hours of intensive training over 3 months, online course delivery,  3- day classes a week, domain knowledge & soft skills training, veteran faculty, training for mandatory IRDA certification, and 5 assured interview opportunities.

Various     Types of Insurance Companies

Various insurance segments that hire insurance professionals are:

●     Life insurance

●     Health/Medical insurance

●     Vehicle insurance

●     Stock insurance

●     Property and casualty

●     Business insurance

●     Reinsurance

Getting     Started in the Insurance Industry

After you complete your schooling, you must get a bachelor’s degree in any discipline. But you must have a flair for mathematical calculations here. Getting a post-graduate degree is not required but if you have one, it will help in career advancement. If you are a simple graduate, you can take up any of the online insurance courses in India from a good institute to be job-ready.

Education is one aspect; the other is the experience that is way above anything else. As you will become more experienced you will become better, and you will be able to handle challenging situations which will ultimately help you achieve what you want.

TimesPro’s Certificate Program in Insurance Sales & Service Management (CPISSM) can help you gain access to a career in the insurance sector by providing suitable skills and knowledge in the insurance domain.

Know more about TimesPro’s certificate courses in insurance here.

https://timespro.com/things-you-must-know-before-getting-into-the-insurance-sector/

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Why Take An Insurance Course Online?

With a CAGR of 5.3% between 2019 and 2023, the insurance industry is growing by leaps and bounds, and so is the demand for skilled professionals. If you want to be prepared for a promising insurance career, you must look for a certificate course in insurance from a reputable institute like TimesPro. They offer the best online and offline training through blended teaching methodology.

  At present, there are various benefits of undertaking short duration insurance courses online. Undoubtedly, online education is convenient and as good as classroom training. No wonder most professional insurance certification courses are imparted online these days. You simply need to have a computer and a stable internet connection, and you are good to go!

 Benefits of Online Insurance Courses

 Scope of Insurance Career

Convenience

Helps in Upskilling and Reskilling

Networking with Peers

Certifications Add Value to the Resume

Easy Loan Options for Fees

Placement Assistance

How Will the TimesPro’s PNB-Metlife CPISSM Fulfil Your Dreams in the Insurance Sector?

Key Highlights

 Insurance sector offers plenty of opportunities to those who are educated, passionate and focused on excelling.

Education certainly pays no matter what field you are in. So, doing one of the best insurance certification courses in India, such as the TimesPro’s PNB-MetLife CPISSM certainly makes sense.

Insurance is an extremely rewarding field as well. After doing TimesPro’s online course you will get a job in PNB MetLife as Relationship Manager where you can earn a salary of up to ₹2.45 lakhs p.a. along with exciting incentives.

Scope of Insurance Career

There is a huge development in the Indian insurance segment at present. The future is bright for the right candidate as there are plenty of career opportunities in this field in both, public and private insurance companies. One can apply for various job roles in insurance after completing a good short-term insurance course online. The short-term insurance certification courses offer a comprehensive understanding of finance, money, the market, and the insurance business. It is imperative to have good knowledge in various subjects, including commerce, mathematics, computers, and statistics to shine in this department right now.

 There are plenty of job opportunities in the insurance industry these days. One must fulfil the eligibility qualifications to make the best of them and build a great career. For example, one can go for the job of administrative officer, development officer, actuaries, and investment professional, and gradually move to senior roles.

 Insurance field is also rewarding if one knows how to conduct themselves with the right knowledge and skills. It also allows individuals to safeguard their future by making them financially stable.

 Moreover, with the surge of online courses, it has become easier for the aspirants to shape their careers. There are several benefits of taking insurance courses online as enlisted below:

 Convenience

Most of these certificate courses in insurance happen to be quite flexible, which enable you to learn at a convenient pace without any hindrance. If you need to fulfil some essential chores during the day, you can take these online classes at your convenient time. You will be able to set your own pace while taking these classes. Moreover, majority of these insurance management courses in India happen to be quite affordable and simple to comprehend.

 Helps in Upskilling and Reskilling

Depending on your career goal you can choose from the online short-term insurance programmes out there. If you are already in the insurance domain, you can go for an advanced course to upskill. However, if you want to change your career stream, you can go for a course that is for beginners so you can cover the skill gap.

 Upskilling and/or reskilling is a fantastic way for advancing in insurance career. Nowadays, every individual is trying to add newer skills and hone their knowledge base as per the demand of the industry. The dynamism of work is changing and hence upskilling oneself is the right way to deal with it.

 These online courses will help candidates to develop proper skill set and transition into any innovative role. Learning additional skills will help candidates to become more productive and efficient in the long-run.

 Networking with Peers

It is a known fact that good networking can play a key role in achieving success in one’s career. It is possible to network with peers while undertaking insurance management courses online. You get to meet like-minded individuals who can become your business acquaintances and help in career advancement. Online courses will not restrict the network capabilities of the student in any manner whatsoever. The Internet will allow you to meet your peers as much as offline courses, even though it is not the same as face-to-face meeting.

 Certifications Add Value to Resume

Only if you have done a specialised short term insurance course will your resume help you stand apart from the rest when appearing for job interviews. In this way, you will be able to attract the attention of recruiters in the best possible manner. Professional certifications happen to be your trump card when it comes to learning industry-oriented skills and grabbing a lucrative job opportunity in a known company.

 Loan Options for Fees

It might not be possible for many students to enrol in online certification courses related to insurance due to financial problems. In that case, TimesPro’s certification course provides you with the option of getting easy loans and payment options – so you can cover the education expenditure successfully.  Their Certificate Programme in Insurance Sales & Service Management (CPISSM) comes with the “Learn, Earn and Pay advantage”.* Learn more!

 Placement Assistance

Good insurance certification courses in India do provide assistance to help you find your dream job without any problem. These courses will offer practical learning for developing your skills, knowledge, and personality. Many courses also offer assistance for identifying your career objectives and strengths. They will provide you with training that will make you competent in the job market and get selected during the placement initiatives.

 How Will the TimesPro’s PNB-Metlife CPISSM Fulfil Your Dreams in the Insurance Sector?

At present, TimesPro provides certification insurance courses that will help you become knowledgeable regarding insurance management. You will also be able to master the skills needed to make you more productive in the present industry. These courses are short-term courses that can be undertaken virtually anywhere and at your own convenient pace.

 The PNB-Metlife CPISSM will be appropriate for you if you want to enhance your career in the insurance sector and will offer you remarkable earning potential. The course also has a proven track record of 95% placement that has placed more than 13K students. Know more about the PNB-Metlife CPISSM course offered by TimesPro right here.

To know more: https://timespro.com/why-take-an-insurance-course-online/

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Key Benefits of Banking Career in Sales

Banking, Financial Services, and Insurance industry, commonly referred as the BFSI sector, is booming in India. Abundant job opportunities and growth scopes in retail banking, private sector banks, core banking, corporate banking, investment banking, and insurance, make this a lucrative sector for candidates aspiring to build a career in this sector. Fresh graduates can make a great career in these areas, with some professional training in sales and relationship banking.

Sales     and Marketing Banking Jobs Roles and Salary

The Indian banking system has approximately 96,000 rural cooperative banks, 56 regional rural banks, 22 private sector banks, 12 public sector banks, 46 foreign banks, and almost 1,485 urban cooperative banks. All of this, helps you visualise a secure and bright future in this industry without a doubt (ibef.org).

In the financial or banking sector, the sales and marketing division is considered the backbone, as banks always look for opportunities to grow their business. Attractive savings and deposit schemes with competitive interest rates and profitable returns, are all designed to bring new customers into the business. Starting from gold loans to gold schemes, savings plans to FD deposits, and Demat accounts, thousands of new banking products need sales and marketing every day.

Hence, to meet these requirements, professionals need the right training and grooming – one like that’s offered through the Post Graduate Diploma in Sales and Relationship Banking (PGDSRB) from TimesPro. This course can help you seek new opportunities in this rapidly growing industry.

Every year,  there are thousands of new job openings in the banking sector, be it private or public banks.

Here are some of the most common sales job roles you can aim for after completing a banking management courses from TimesPro.

Sales Assistant/Executive

Sales Executives are front-line sales officers. Their essential marketing activities include marketing and client visits, handling sales targets, selling the bank’s and third-party products to new customers, and contacting existing customers to inform them about the latest products and services to promote greater sales.

Educational Qualification – Graduate from any stream/Freshers

Salary – ₹1,75,000 – ₹3,25,000 P.A.

Equity Product Sales Executive

In this role, an essential understanding of the stock market, shares, equity funds, etc., is highly beneficial. An equity products sales officer needs to maintain a continuous relationship with new as well as existing customers to mobilise Demat account openings, transactions, investments in equity, etc. These officers also need to sell and promote all the schemes offered by the banks.

Educational Qualification – Any Graduate

Salary – ₹2,75,000 – ₹3,75,000 P.A.

Insurance Sales Agent

With increasing demands of insurances like health insurance, life insurance, car insurance, home loan insurance, business insurance, property insurance, and term insurance, there is a need for skilled insurance sales officers who have proficient knowledge and understanding in investment banking and financial product sales.

The officer’s primary responsibility is that of informing customers, both new and existing ones, about insurance schemes, elaborate benefits, terms, etc. It is a target-oriented job role that can essentially require market and client visits as well.

Educational Qualification – Any Graduate

Salary – ₹ 2,00,000 – ₹5,00,000 P.A. + incentives

Sales Manager

A Sales Manager needs to manage an entire team of sales executives, identify sales opportunities,  plan and  achieve sales targets for the bank or third-party products, manage and enhance business relations with new  as well as existing customers, follow up with potential customers for new requirements and services, promote the latest bank products, etc.

One has to manage records of customers and sales achievements on the CRM system, adhere to KYC/SEBI rules, bank regulations, and state legislation governing the financial and bank services industry.

Educational Qualification – Graduation/ PG from a recognised university

Salary – ₹5,00,000 P.A. and above

Investment Advisor

An investment advisor needs to be well-equipped with the advancements in the investment market, latest schemes and policies, client benefits and risks, etc. In addition, one has to continuously recognise investment opportunities, coordinate with the RM and, sales & investment team on advisory, align with the product management, business divisions, central research, etc.

This role requires an essential understanding of finance and investment. Therefore a certificate in banking and finance will be an added feather to your crown of eligibility.

Educational Qualification – PG/MBA/PGDM/CA/CS (any specialisation)

Salary – ₹ 7,00,000 – ₹12,00,000 P.A.

Banking Sales Jobs-Growth Prospects

A fresher from a medium-income group family generally aspires to get a secured job with a decent salary scale and growth opportunities. Career growth is very important even at the initial stage of a career for those who have educational loans, financial crunch, a big family to support, medical responsibilities, and so on to handle.

The banking sales and marketing jobs offer a quick and spontaneous growth opportunity in one’s career with constant internal exams being conducted for grade promotions.

A PGDSRB program from TimesPro can offer the right direction to your career with a bright and prospectus opportunity in sales and marketing in the banking and finance sector.

Get Professional Training through PGDSRB Course

Attaining suitable domain knowledge and skills should be the first step when aspiring to ascend high up the ladder of a banking career. In other words, the best way to approach the banking career ladder is to acquire professional training from banking and finance management industry experts.

PGDSRB course designed at TimesPro offers the right grooming with industry knowledge and training, along with professional understanding from the top bankers and Finance Management leaders in the industry. This training is crafted for candidates who especially seek a lucrative career in finance, banking, or relationship management.

Banking and finance management course i.e. the PGDSRB course at TimesPro offers 45 days of intense training of 300 hours and provides a deep insight into banking and relationship management.

TimesPro is a renowned professional training institute crafting and pushing careers of thousands of aspirants every year with industry-relevant professional training & guidance from industry experts, special hands-on training sessions of banking software Finacle, and paid internship opportunities with industry-standard salary scale. Perhaps this is the complete career shape up training you have been looking for to boost your career in banking and finance. Get the right start of your career in banking and finance with PGDSRB along with an internship at the renowned ICICI bank.

Know More About Sales and Relationship Banking Program-PGDSRB!

https://timespro.com/key-benefits-of-banking-career-in-sales/

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How TimesPro Assists Insurance Graduates?

Introduction

The insurance sector is growing by leaps and bounds, thanks to the government initiatives and the private insurance sector offering promising career options.

 A lot of money has been pumped into this sector to give it the boost that it requires. In September 2021, the government gave a green signal to an investment of ₹6,000 crore to provide support to export insurance cover to help the export industry that is worth ₹5.6 lakh crore.

 In addition, in February 2021, the finance ministry announced an infusion of ₹3,000 crore into the state-owned general insurance to improve the industry’s overall health. This goes a lot in saying that the prospects of the insurance sector in the country looks bright.

 So, if you wish to have a right beginning in this sector or need a career advancement, short duration insurance courses are the most viable option for insurance job aspirants. A short-term insurance course from TimesPro will give you a head-start to your career in insurance.

 Get Career Assistance From TimesPro

 Why Insurance Certification from TimesPro

Benefits of Joining TimesPro

Financial Assistance Given by TimesPro

The Edge You Get from TimesPro  

Key Highlights

 How the government is planning and investing in the insurance industry is indicative of a very bright future for students here.

TimesPro’s insurance courses offer many benefits like expert training, a huge network of placement partners, the LEAP advantage, and more.

Why Insurance Certification from TimesPro

The TimesPro is an initiative of The Times of India Group. This media conglomerate has ventured into education to give students that extra edge to meet the challenges of the insurance industry head-on. Looking at the scope and opportunities for students in this sector – because of its low penetration rate and other factors – they launched insurance certification courses i.e. CPISSM and PNB-Metlife CPISSM.

 The insurance industry is expected to grow about 12%-15% during the next five years and thus their initiative to support the industry requirement and the talent gap that will emerge in the years to come. This initiative has been prodded on by the government’s plans for various schemes like the PMSBY, PMJJBY, Ayushman Bharat Yojana, etc.

 Thus, TimesPro’s Certificate Programme in Insurance Sales & Service Management (CPISSM) is one of the most coveted courses for students. This insurance certification course are feature-packed, job-oriented and offer industry-relevant training by experts. It is your answer to a bright future.

 PNB-Metlife CPISSM Programme highlights:

 45-day intensive online training by experts in the industry

Mandatory IRDA Certification training

A week-long on the job training at branches

Assured jobs at PNB MetLife

The programme curriculum includes:

 Insurance domain knowledge

Effective communication

Sales management

Grooming and etiquette

Company information and orientation

Once you complete this short-term insurance course, you can be assured of a job by their placements. TimesPro holds a 95% placement commitment record, where 13.5 lakhs learners were placed in 70K+ job opportunities created in this industry. You may even be inducted into PNB MetLife as a Relationship Manager with a salary of ₹2.45 lakh a year with unlimited incentives.

 Benefits of Joining TimesPro

The insurance industry is largely underserved, and there remains a great potential if you have a certificate courses in insurance from TimesPro. You will see a new transition in this field once you set foot here. the figures indicate that the industry is quite promising in terms of making a great career.

It is boosted by the fact that at least 21 lakh professionals are required by 2025. So, there are immense opportunities for those who have the right training and skills. Don’t think twice before enrolling in a Certificate Program in Insurance Sales & Service Management, and get ready to start on the right note and advance further to senior job roles.

The programme oninsurance delivered with Virtual Live Classes thrice a week will give you domain knowledge and soft skills training. You will get 120 hours of intensive training over a period of 3 months.

The benefit of this course is not merely limited to learning and expertise, but the Group has a track record of placing 10,000+ learners with their programmes.

This training will be given by the industry stalwarts from academics and the industry itself.

Once you complete it successfully, you will get 5 assured interview opportunities for placement. Your will also be trained to face these interviews.

You will have a wide range of career options that include Administrative Assistant/ Officer, Customer Service Executive, Bank Assurance Executive, Front & Back Office Executive, Development Officer, Insurance Agent and Insurance Surveyor.

Financial Assistance Given by TimesPro

Once you have made plans of taking up this insurance certification course from TimesPro, you will receive financially assistance too. They give you 3 payment options that include:

 100% advance fees

Loan through NBFC

Payment through bank FD.

The institute offers LEAP advantage where you “Learn, Earn, and then Pay” later.

 The Edge That You Get from TimesPro

TimesPro, an initiative by the Times of India Group, is an award-winning education initiative. It has helped students with insurance management courses in India to get an edge over others. You are assured of jobs with reputed companies like ICICI Prudential Life Insurance, HDFC Life, Reliance Nippon Life Insurance, Bajaj Allianz Life Insurance, Kotak Life, and Exide Life Insurance. They have tie-ups with 350+ hiring partners.

 The industry and academia highly acknowledge their insurance management courses which are a combination of online and offline instruction. Your association with them will only increase your employability quotient because of their countrywide network of corporate partners. TimesPro is here to bridge the gap in Education 4.0 to give you practical application, hands-on experience, soft skills, and keeping up with contemporary knowledge that is constantly changing and evolving.

 They embody a revolution in learning that is learner-centric, industry-relevant, and supported by advancing technology to focus and aim at employability. Know more about Certificate courses in insurance by TimesPro!

To know more: https://timespro.com/placement-and-financial-assistance-how-timespro-assists-insurance-graduates/

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How TimesPro Insurance Courses Give Wings To Insurance Job Aspirants?

The insurance industry in India is growing at a fast rate. This finds proof that today there are about 58 insurance companies in India, of which 35 are non-life insurers (25 general insurers, 7 standalone health, 2 specialised insurers). The only and the biggest public sector company is Life Insurance Corporation of India. With this, the general insurance premium income in India stood at ₹1,087 billion till September 2021.

 These statistics are very heartwarming for those who have decided to pursue a career in the insurance industry. With so many companies in the market, Short Duration Insurance Courses are inevitably a good choice and the best institute in this regard is the TimesPro Group.

 What You Can Expect from a Course in CPISSM

 Immense Job Opportunities in the Insurance Industry

Selecting an Insurance Course

The Extensive Study Modules of CPISSM

The Experts Involved in the Delivery of the Course

Job Opportunities After Completion of the Course

Key Highlights

 Huge growth in the insurance sector is expected in the next five years, which means there are huge opportunities in the sector

Course module and delivery by experts of the course that can help you to get a job in the booming industry

Average salary of a Relationship Manager in Insurance is around ₹2.1 lakh to ₹7.3 lakh  

Immense Job Opportunities in the Insurance Industry

There are immense job opportunities in the insurance industry. It looks very promising, and the future is just shining bright because of the changes that have been ushered into the regulatory framework, which will pave the way for more changes in how the industry moves forward and functions. So, Insurance Certification Courses are trending right now.

 The penetration rate in the insurance sector in the country is very low at 3.69%. But there is an expected growth of 12%-15% over the next five years. And hence, it appears to be one of the growing sectors with the most lucrative career opportunities.

 And the government is also focusing on this sector by boosting it with many new schemes and policy changes that’s expanding the horizons for industry growth and jobs. If one aspires to be a part of the expanding insurance industry then it is eminent that he/she has to take up a short term insurance courses to make a career.

 The Certificate Programme in Insurance Sales & Service Management (CPISSM) designed by TimesPro – an initiative of the Times of India Group – offers better learning and job opportunities for insurance aspirants. This foundation course makes the entry of freshers and beginners easy in the insurance industry. And you could land a job in one of the coveted private insurance companies, which own 48% market share in the country.

 Selecting an Insurance Course

Certificate courses in insurance are a viable option for those looking forward to making a career in this field. There is no dearth of institutes providing certificate courses in insurance. However, choosing the right learning platform plays a significant role in redefining ones career growth in the future. the insurance certification courses in India by TimesPro can be a stepping stone for a remarkable professional growth in insurance. It is one of the prime institutes in India that trains you as per the industry standards and expectations. A certification from TimesPro, an initiative of the Times of India Group, will enhance your chances of being selected, as it provides in-depth knowledge of the sector and the working of the industry.

 The Extensive Study Modules of CPISSM

Insurance management courses in India like CPISSM provided by TimesPro include a thorough programme. The curriculum of the programme includes:

 Insurance Domain Knowledge

Effective Communication

Sales Management & Skills

Grooming & Etiquette

Company Information & Orientation

IRDAI Certification Training

Soft Skills

Exclusive And Intensive 120 Hour Training On Industry-Specific Skills

Armed with a certificate in CPISSM, you get an edge over the others because of the 95% placement commitment fulfilled by the institute. The placement partners of TimesPro are HDFC Life, Kotak Life, ICICI Prudential Life Insurance, Bajaj Allianz Life Insurance, and Exide Life Insurance. Since its inception, they have already placed 13.5 K learners.

 The institute has its insurance management courses online. PNB-Metlife CPISSM followed by an internship programme. On completing the course, you get many added benefits along with placement opportunities.

 The Online Insurance Courses in India inculcate in the candidates’ many job-oriented skills and a valuable certificate after completion.

 The Experts Involved in the Delivery of the Course

A team of industry experts designs the course modules. By joining, you can be assured that you will be trained in one of the premier institutes in the country, under the guidance of industry experts. The faculty is one of the best in the country and have ensured to provide updated industry knowledge and guidance to their students to get placements on successful completion of the course. You can be assured of guaranteed success in the insurance segment by taking the right first step.

 Job Opportunities After Completion of the Course

The various job opportunities in the insurance sector are:

 Administrative Officer

Assistant Administrative Officer

Development Officer

Insurance/ Composite Agents

Insurance Surveyors

Actuaries

Insurance Underwriters

Investment Professionals

Customer Service Executive

Bank Assurance Executive

Front & Back Office Executive

These are some of the job options open for you once you complete the course. So, if you have any serious plans of getting yourself enrolled in the course, a bag of opportunities awaits you. The salary you receive once you complete the course is also very attractive, although it varies from company to company. As per Ambition Box, if you start looking for a Relationship Manager role, you can get a starting salary of ₹2,10,000 per annum without any previous work experience.

 With so many opportunities and scope in the sector, go ahead and join any of the Times Pro insurance certifications – CPISSM or PNB-Metlife CPISSM.  Know more about the course curriculum and features.

To know more: https://timespro.com/how-timespro-insurance-courses-give-wings-to-insurance-job-aspirants/

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Top Affordable Insurance Courses That Will Skyrocket Your Career

Want to skyrocket your career in insurance? The insurance industry is huge, and the job market is very competitive. It has become very significant to differentiate yourself from others.

 You should have additional and exceptional skills that can make you rise above the rest in such a vast crowd of insurance professionals. Insurance companies recruit those who are aware of the current and emerging trends and know how to cope with job challenges. A certificate course in insurance by Times Pro will help you stand out of the crowd and gain a firm foothold in the insurance industry.

 There is a long list of insurance, including commercial, property, liability, motor life, etc. You can specialise in any sub-domain or choose to work as a client-facing relationship manager or take up a technical back-office role. Choosing an insurance certification course in India will streamline your career and let you present as an expert in your field of interest.

The insurance industry is evolving, and according to various research, this industry is expanding exponentially. The health insurance segment saw a huge growth by 34.2% in 2022 from 9.9% in 2021. The growth of electric vehicles will result in the growth of vehicle insurance. Indian Health Insurance Market is predicted to grow at a CAGR of 10.1% by 2027. This creates massive job opportunities for people interested in pursuing professional courses in insurance.

 Short-term Certificate Courses

 Insurance certification courses cover a wide range of topics from insurance management, general insurance practices and banking management to wealth management, risk management, and portfolio management. It is vital to explore the course curriculum and other features of various certificate courses in insurance to know how it is suitable for a remarkable career in insurance. Such courses are one of the best triggers to boost your career and get a reputed position in the insurance industry.

 Admission criteria for insurance certification courses:

 The candidate must have completed graduation with 45% marks.

Bachelor’s Degree Courses

 The student who wants to step into the insurance industry must pursue bachelor’s degree courses in any sector, such as commerce, economics, finance, marketing, or communications. It can be an excellent opportunity to build a dynamic career in the insurance business. The bachelor’s degree courses will help one learn to manage financial risks, accounting concepts, economy, and understand finance and the business world. The time duration for the bachelor’s degree is usually 3 years, and the fee structure varies according to the different institutions and colleges, but it’s affordable.

 Admission criteria for a Bachelor’s Degree:

 The candidate must have passed the certificate of 10 + 2 from a recognised board of education or equivalent.

The aggregate marks of the individual in 10 + 2 must be minimum 50%.

Master’s Degree Courses

 A postgraduate degree like MBA in Insurance and Risk Management helps the individual learn about different dynamics of insurance and financial risks. This course prepares the candidates for quality development, risk management, handling insurance, and much more. The master’s degree course in insurance is for two years, containing two semesters each year. There are full-time and part-time courses available in master’s degree courses for the learners based on their requirements. Several colleges and universities have MBA Risk and Insurance, and the fee is ₹80,000 to ₹1,50,000.

 This course offers a complete set of skills and knowledge to build a successful career in insurance by getting lucrative job offers, working as an independent agent or even running your own insurance consultancy in the long run.

 Admission criteria for a Master’s Degree in insurance:

 A graduate degree in any similar specialisation like BBA, B.Com, etc., can apply.

One should attain at least 55% aggregate marks in a bachelor’s degree course.

Some universities have an entrance exam.

Diploma Courses in Insurance

 The PG diploma course in insurance also helps in career advancement. These are professional education for candidates in various industry sectors. There are several short-term insurances courses for interested candidates to start their careers on the right note, like, Post-Graduate Diploma in Insurance and Risk Management. Many PG courses let the candidates know about the insurance services and their allied sectors. These are insurance-industry-specific courses that feature group discussions, workshops, and more.

 Eligibility criteria for a diploma course in insurance:

 Students should have passed the 12th (high school diploma) or a graduate from a recognised university. (varies based on different courses)

The minimum aggregate percentage of the candidate in 12th must be 50%.

Insurance Certification Courses with Job Assurance

 If you are interested in getting an insurance certification for a promising career, you can choose the PNB MetLife course offered by TimesPro. This certificate program in Insurance Sales and Services Management offers many benefits, foremost being assured Job with PNB MetLife. This course is specially designed for beginners and freshers to guide them towards a bright career in the insurance sector.

 The eligibility criteria for this program are:

 The candidate’s 10th and 12th standard percentage should be at least 45%.

The minimum attained marks in graduation must be 45%.

Benefits of pursuing this insurance certification course:

 45 days of training by industry experts

1 week of job training at branch

Guaranteed job with the well-known PNB MetLife

Gain effective communication skills

Understanding sales management thoroughly

PhD Programs

 Very few educational institutes offer PhD programs in insurance and risk management.  A PhD will provide an advanced level of knowledge, including risk management, services, products, and much more. With a qualification like a PhD in business in Insurance and Risk Management, you can unlock several career opportunities, from being a university professor or a senior risk analyst to a financial analyst or a senior consultant.

 Conclusion

 The growing insurance industry is constantly generating job opportunities for the right candidates. Enrolling on a good course matters the most when it comes to bagging a lucrative job. With the information mentioned above about the different affordable insurance courses, you can select the best one for you.

 Know more about Short Duration Insurance Course by Times Pro: https://timespro.com/top-affordable-insurance-courses-that-will-skyrocket-your-career/

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Insurance Industry Perfect For Those Who Want A Growing Career

The insurance industry is growing at a rapid pace and is expected to grow further in the future. This growth is also expected to open up many new job opportunities. The industry is very reliable and stable for those looking for a promising career. Almost everyone from every type of background can be a suitable fit in this sector. Whether you want to start afresh or looking for a career change, insurance is a good career choice. If you are looking to embark on a career in insurance, you must take a relevant course to be job-ready.

Promising Career in the Insurance Industry

Growing Professionally     in Insurance

Top     Courses for Career in Insurance

Job     Opportunities in the Insurance Sector

What     Can You Expect in the Insurance Sector?

Benefits     of TimesPro’s Insurance Course CPISSM

Enrol     in TimesPro’s CPISSM!

What     Can You Expect in the Insurance Sector?

In India, the insurance industry functions in the government sector and the private sector. In the government companies, you will get salaries that are the norm and standard with the Government of India. The best part of working with the government is job security and other perks.

If you work with private agencies as a fresher, you can expect to draw a salary of around ₹10-15k per month. This salary increases as per your experience and performance.

Insurance jobs also offer commissions on the sales that you make for your company. The concept of commission is applicable to both the government and private sectors. The commission is in addition to the basic salary. So, the more you sell, the more you make from it. So, if you perform well, you can earn well in this industry. And if you are an actuary, then you earn the most among all the professionals. You get to earn at least ₹8 lakh per annum along with incentives and perks. These, too, increase with time and experience. As an insurance manager, one can earn up to ₹14 lakh, with an average salary in India being ₹5.5 lakh for this role (. Insurance is definitely a very lucrative industry for those who do not shy away from hard work, have good communication skills and are organised.

Growing     Professionally in Insurance

The insurance industry offers many opportunities to grow and advance in your career. However, you must always be updated about the latest regulations and upskill your talent to tread ahead on a growing career path. Companies are looking for qualified and self-motivated professionals who are keen on upgrading their knowledge and skillsets.

The insurance industry forms the backbone of the economy, and, in India, the insurance career has immense scope due to the huge untapped market. Therefore, the demand for qualified professionals in the insurance sector is undoubtedly skyrocketing.

This career domain is booming after the pandemic, especially the health insurance. People have become more aware and prepared to buy insurance. Further, multiple government schemes and numerous innovative products by the private players are also playing a key role in industry growth and increase in insurance jobs. The best part about insurance is that there are all types of jobs for people with varying education levels. Those with basic schooling can also find a suitable job in the industry, while those with higher qualifications can get senior job roles. Hence, enhance new skills for your professional development.

There are many insurance management courses in India that can play a key role in bagging jobs with good salaries. But certificate courses in insurance will get you the best jobs in the sector.

Top     Courses for Career in Insurance

Listed below are some of the top insurance courses in India to take advantage of the fast-growing insurance industry in India:

●     B.A. with Insurance as a subject

●     B.Sc. (with Actuarial Science)

●     Certificate Course in specific Insurance subjects

●     Short-term course for Insurance Agents

●     Short-term course for Insurance Managers

●     PG Diploma in Insurance and Risk Management

●     PG Diploma in Insurance Science

●     PG Diploma in Management of Insurance and Financial Services

●     Master’s Programme in Insurance Business

●     Foundation in Financial Planning

●     M.Sc. in Actuarial Science

Job     Opportunities in the Insurance Sector

After you complete a short-term insurance course, you can make an entry into the insurance industry or excel further in your existing job role. The course also makes you eligible to work in various insurance domains. You can consider career opportunities in risk management and insurance. Find a suitable insurance job for yourself after exploring different types of jobs the industry offers. Short-term insurance programmes ensure that you can work as:

●     Administrative Officer

●     Assistant Administrative Officer

●     Development Officer

●     Insurance Agents

●     Insurance Surveyors

●     Actuaries

●     Insurance Underwriter

●     Investment Professionals

●     Customer Service Executive

●     Bank Assurance Executive

●     Front Office Executive

Benefits     of TimesPro’s Insurance Course CPISSM

TimesPro is an award-winning education initiative of The Times of India Group, India’s largest and most diversified media conglomerate, which has brought a certification program in insurance, the Certificate Program in Insurance Sales & Service Management (CPISSM). The course is meant to focus on enhancing the Employability Quotient of fresh graduates in the insurance industry and provide with placement assistance. The benefits of the program include:

●     In-depth knowledge of the insurance domain

●     Awareness of industry trends

●     Grooming and etiquette

●     Effective communicative skills

●     Sales and managerial skills

●     Training for IRDA certification

●     Affordable insurance course

●     LEAP (Learn Earn & Pay) advantage

●     5 assured interview opportunities

Enrol     in TimesPro’s CPISSM!

Thus, it can be concluded that insurance offers a rewarding career with good salary packages and work flexibility. This industry is one of the most promising career choices that you could make today. Many opportunities are right there for those who have completed an insurance certification course from a reputable institute like TimesPro.

The best place to start your career in the insurance industry would be to enrol in TimesPro’s CPISSM. Know more about how to enrol in CPISSM!

To know more: https://timespro.com/insurance-industry-perfect-for-those-who-want-a-growing-career/

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A Glimpse Of The Logistics Sector In India

The role of logistics in business is to handle shipping, warehousing, distribution, and delivery. The Supply Chain Management (SCM) and logistics sector of India has witnessed tremendous growth in recent times. Even during the pandemic, this industry has only grown across sectors.

 The Gati Shakti plan of the Government of India aims to reduce logistic costs, enhance cargo handling capacity, and speed up supply chain and logistics. The Indian logistics sector is valued at $150 billion contributing 14.4% to the country’s GDP (economictimes.indiatimes.com) and is expected to generate 3 million new jobs in 2022 (thehindubusinessline.com).

 Trends of the Logistic Sector in India

 Growth of the Logistic Sector in India

Logistics and Supply Chain Vision 2030

Scope of Logistics and Supply Chain in India

How PGPLSCM Offers Career Advantage

Key Highlights

 Government of India’s Gati Shakti Masterplan for expressways will give a huge boost to logistics in India, with an influx of ₹100 crore.

India’s E-commerce Logistics industry to reach ₹492.4 Billion by 2025 (Ken Research).

The digitisation and increased amount of technology adoption due the pandemic have raised the demand for logistic and supply management professionals.

The Indian logistics and supply chain management is growing at a CAGR of 10.7%.

Growth of the Logistic Sector in India

The logistics and supply chain are the core of every industry. While it plays an integral role in enhancing the productivity and reach of the company, in India this segment is fragmented and mostly unorganised.

 Hence, there have been several initiatives by the Government of India that have helped this sector’s growth. Here is a quick look at some of the key developments in this field:

 The logistics sector contributes 14.4% to the Indian GDP.

As per the Logistics Skill Council, the Indian logistics sector is valued at $150 billion.

The logistics sector is expected to grow at a CAGR of 8% in the next four years and will reach a mark of $330 billion by 2025.

There will be the development of Multi-modal Logistics Parks in India. The logistic parks will be minimum of 100 acres and provide access to different modes of transportation.

The above statistics reveal that the new developments will enhance employment opportunities and further growth in the logistics and supply chain industry, supported by technological development and implementation, need for skilled personnel, etc.

 Hence, to be a part of this growing sector, one must learn relevant skills and gain domain knowledge. A Post Graduate Programme in Supply Chain Management could impart you with all the basic and advanced concepts of logistics and supply chain.

 Logistics and Supply Chain Vision 2030

India’s supply chain and the logistic sector is the largest on the global podium. In India, several barriers have posed as potential roadblocks for its growth. But, the Government of India has taken various initiatives to overcome these challenges. Let’s take a look at the Governments vision 2030:

 Optimising the logistics and warehouse sector and reducing the logistic cost by 7%-8%

Optimising the logistic modal mix with roads constituting 25%-30%, railways comprising 50%-55%, and waterways accounting for 20%-25%

Expansion of cold chain storage infrastructure

Introducing new technology and digitising more than 90% of the supply chain network

Development of omni-channels and simplifying the supply chain

Enhancing skill development and talent management by training people to be more comfortable in using modern-day technologies like AI, data analytics, and digital transformations that will facilitate supply chain

Reducing the carbon footprint of the logistics sector by 50%

Scope of Logistics and Supply Chain in India

A Plethora of Job Options: With regards to the employment opportunities, Logistics and Supply Chain is one of the top sectors despite the impact of COVID in the country. There are numerous job opportunities based on one’s specific skillsets. One can opt for a job in Logistics Operations, Transportation Management, Procurement & Delivery, Vendor Inventory Management, Distribution, Warehouse Management, etc. Therefore, the opportunity for growth would be great for anyone eyeing a career in this industry.

 Opportunities for All: This is one sector where almost anybody and anyone with basic skillets and qualifications can get employment. It has got close to 11 sub-sectors, such as transport, customer service, warehouse management, Operations, IT, etc. Therefore, this industry can provide opportunities for all!

 International Exposure: Several domestic organisations are expanding their businesses globally through collaborations and outsourcing arrangements. This opens the doors for well-equipped and deserving professionals to get accustomed to business aspects in the global arena as well.

 Entrepreneurship Skills: Being in the logistics industry, you will have immense scope to hone several skills like communication, time management and strategic thinking. These are the must-have skills for any entrepreneurship engagements or initiatives later on in the career path.

 High-demand Across States: As far as the logistics industry is concerned, there is a huge surge in scope and opportunities in tier-2 and tier-3 cities across the country. The primary reason is the never-seen-before growth of the e-commerce sector; it is also playing a key role in defining the future of logistics.

 Apart from these benefits, you can be rest assured about the payments and job satisfaction if you have the knowledge and tenacity to do it properly.

 An online course in logistics & supply chain can enable you to grab a suitable job for a great career start in Logistics and SCM!

 How PGPLSCM Offers Career Advantage

A short-term programme in Logistics can prove to be a turning point in one’s career. If you are keen to build a promising career in logistics and supply chain management, you can opt for a Post Graduate Programme in Logistics and Supply Chain Management (PGPLSCM) by Times Pro.

 This 4-month fast-track course imparts knowledge of important concepts through a blended learning approach and practical training. It is a job-oriented post graduate programme that offers career counselling and placement assistance with a promise of FIVE guaranteed job interviews. It includes built-in industry certifications that give an added boost to grab a lucrative job in LSCM.

 PGPLSCM prepares you with in-depth knowledge and skill enhancement to face any challenges in the field, and is the best path to secure the right job opportunity. It is perfect for working professionals to upgrade their skills in logistics and SCM.

 TimesPro’s short-term courses in Logistics and Supply Chain Management has enabled over 13K professionals to grab lucrative jobs in well-known companies. To know more about PGPLSCM Online Course in Logistics & Supply Chain in India

Click here: https://timespro.com/a-glimpse-of-the-logistics-sector-in-india/

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Top 5 Job Options In The Logistics And Supply Chain Sector

About 99% of young professionals in the supply chain domain think they made a good career choice (CSCMP Report). And about 14 million people will get employed in the SCM domain in 2022. Want to join them?

Logistics and Supply Chain Management (SCM) offers numerous career growth paths, with each company taking a offering a different approach. Therefore, it is not possible to define any particular supply chain career path, and you can pick any logistics & supply chain job role you like when following this domain.

This article discusses a few popular jobs for those who are keen to get a firm foothold in this industry.  Nevertheless, a comprehensive Post Graduate Program in Supply Chain will help you put your best foot forward and advance further with time. TimesPro has well chalked-out professional courses in various domains.

Pick a Job Role of Your Choice

●       Purchase Manager

●       Logistics Manager

●       Supply Chain Manager

●       Production Manager

●       Facilities Manager

●       Be Job-ready with Short-term Courses in SCM

●       Purchase Manager

A purchasing manager has the responsibility of managing every single facet of the operations of the company from the development of products and strategic planning to comparing supplier expenses and production.

He needs to create strategic buying procedures and processes and manage purchasing activity. He is required to handle all the supplier and vendor connections and negotiate significant purchase agreements. Analysing and evaluating the pricing and purchasing trends for minimising purchasing expenses and forecasting demand is also a part of his responsibilities.

Skills and Qualifications: A Bachelor’s degree is required. It will be an advantage if the candidate has studied subjects like economics, business management, and logistics. However, a master’s degree might be required by large companies. To get started in this domain an Online PG Diploma in Logistics in India offered by TimesPro will help to make inroads in this field. After relevant experience one can get to this position.

Given below is a quick glimpse of career path along with salary.

●     Purchase Executive Average Salary: ₹3.2 LPA

●     Purchase Engineer Average Salary: ₹3.3 LPA

●     Assistant Manager Average Salary: ₹6.0 LPA

●     Purchase Manager Salary Range India: ₹2.5 Lakh to ₹18.0 Lakh: Average annual salary: ₹ 6.6 Lakh.

Source: Ambition Box

Logistics Manager

The primary responsibility of logistics managers will be to supervise product buying and distribution for an organisation. They also need to set a budget for all the supply chain segments, establish strong connections with distributors and suppliers, track inventory across storage and manufacturing locations, set up standards in distribution channels and workflows, as well as negotiate shipping rates.

Skills and qualifications: The candidate must have a bachelor’s degree. The degree must be in a discipline like business administration, supply chain management, or logistics which will provide the candidate with the basic skills as well as field knowledge. Online Courses in Supply Chain Management in India can prove instrumental if you are aiming to get into Logistics. After relevant experience, you can apply for a Logistics Manager position.

Given below is a quick glimpse of career path along with salary.

●     Logistics Executive Average Salary: ₹3.0 LPA

●     Logistics Officer Average Salary: ₹3.5 LPA

●     Senior Executive Average Salary: ₹4.4 LPA

●     Logistics Manager Salary Range India: ₹ 2.0 Lakhs to ₹ 20.0 Lakhs; Average annual salary: ₹ 6.5 Lakhs.

Source: Ambition Box

Supply Chain Manager

The primary role of a typical supply chain manager will be to oversee every single aspect of the supply chain of a company, such as material sourcing, order fulfilment, and production. They will be entrusted with the task of assessing and adjusting procedures for efficiency, implementing affordable solutions, verifying compliance with industry standards and safety protocols plus maintaining strong connections with vendors, suppliers, and sellers.

Skills and qualifications: It is imperative to have a bachelor’s degree for a supply chain manager’s job. Apart from this, some companies might require a professional certification as well. One must also possess computer skills, customer service skills, leadership skills, and so on.

Given below is a quick glimpse of career path along with salary.

●     Supply Chain Executive: ₹3.6 LPA

●     Assistant Manager Supply Chain: ₹7.2 LPA

●     Supply Chain Manager Salary Range India: ₹3.7 Lakh to ₹26.0 Lakh: Average annual salary: ₹13.0 Lakh

Source: Ambition Box

Production Manager

The manufacturing workflows and processes in a particular company will be handled by a production manager. They are accountable for evaluating the production speeds of the employees, providing productivity reports and projections to senior management, and implementing innovative strategies such as automation.

Skills and qualification: In case one wants to become a production manager, he must be having at least a bachelor’s degree with relevant experience. On the other hand, a Master’s degree might also be required by certain companies for a production manager job. One must have sufficient technical skills and leadership qualities for succeeding in this particular department. It will be a good idea to pursue a Diploma in Supply Chain Management offered by TimesPro to get started.

Given below is a quick glimpse of career path along with salary.

●     Production Supervisor Average Salary: ₹2.5 LPA

●     Production Engineer Average Salary: ₹3.0 LPA

●     Production Manager Salary Range India: ₹2.4 Lakh to ₹22.0 Lakh; Average annual salary: ₹8.2 Lakh

Source: Ambition Box

Facility Manager

The primary responsibilities of a facilities manager will be to supervise the operations of one or more offices as well as distribution or manufacturing locations for a company. Their roles usually consist of accomplishing regular inspections, ordering equipment, and building maintenance, working along with security experts for maintaining the safety of the staff, as well as setting up contingency plans and safety protocols.

Skills and qualifications: On most occasions, a high school diploma will be adequate for the job with appropriate technical and interpersonal skills. However, a bachelor’s degree might be preferred by some companies out there. Here, we would like to mention that TimesPro is offering Post Graduate Diploma in Logistics & Supply Chain Management course that can help you begin your career as a Facility Executive and get promoted further with experience.

Given below is a quick glimpse of career path along with salary.

●     Facility Executive Average Salary: ₹3.5 LPA

●     Senior Facility Executive Average Salary: ₹4.5 LPA

●     Assistant Facility manager Average Salary: ₹5.1 LPA

●     Facility Manager Salary Range India: ₹2.4 Lakh to ₹22.0 Lakh; Average annual salary: ₹8.2 Lakh

Source: Ambition Box

Be Job-ready with Short-term Courses in SCM

TimesPro’s Post Graduate Program in Logistics and Supply Chain Management (PGPLSCM) is a Short-term SCM course and is among the best online courses in logistics & supply chain in India. This course aims at bridging the gap between the demand and supply of trained experts in the rapidly developing supply chain and logistics industry. After course completion you would be ready to get fresher jobs or initial level jobs with 0-2 years of experience in logistics and supply chain. After a few years, when you will acquire more experience and expertise, you can grow further on your chosen career path.

Join today to learn the key aspects i.e., Procurement & Inventory Management, Logistics Management & IT, Warehouse Management, Production & Operations Management, and E-Com, SAP & GST. The course includes real-time industry projects and interview preparation as well. TimesPro is an initiative of the Times of India Group and a certificate by them will definitely make you shine and grow on your career path.

Read more about the PGDPLSCM course.

Here: https://timespro.com/course/post-graduate-diploma-program-logistics-supply-chain-management/