The Chartered Institute of Operations and Supply Chain Professionals, CIOSCP, is an offshoot of the Institute of Supply Chain Management Professionals. The Governing Council of the Institute of Supply Chain Management Professionals deemed it fit to upgrade the Institute to Chartered-ship and broaden its scope with the name Chartered Institute of Operations and Supply Chain Professionals, CIOSCP.
The Chartered Institute of Operations and Supply Chain Professionals is focused on solving the challenges faced by most corporate entities in respect to:
- Sourcing of suppliers and raw materials
- Vendor management.
- The movement of raw materials from the suppliers to the purchasing entity.
- The processing of the raw materials to finished goods.
- The distribution of finished goods to the final consumers.
The Chartered Institute of Operations and Supply Chain Professionals deals with personnel who manages day-to-day operations of their organization or the entire supply chain of their organization or a particular aspect of supply chain or operations.
It is important to note that operations and supply chain professionals make vital key decisions to their organizations in respect to vendors, procurement, quality management, processing and manufacturing, warehousing, inventory management, logistics and transportation, packaging distribution.
The Chartered Institute of Operations and Supply Chain Professionals is a combination of operations and supply chain professionals. These two professionals are integral part of their organizations.
The operations professionals focus on the following key aspects:
- Play the managerial functions of coordinating and directing manufacturing and all relative aspect of it which entails packaging, pricing, distributing and sales.
- Ensure that data is effectively evaluated for decision making purpose in respect to business operations and cost.
- Relate with financial team for effective management of production and sales.
- Ensure a good design of work schedules and affectively managing operational staff by assigning specific duties in line with the work schedules.
- Ensure the efficient drafting of budget with reality and forecast objective.
- Play vital role in product performance in respect to sales and innovation.
- Design standard operating procedures for efficient and effective usage of the organizational resources.
- Audit operational expenditures and ensure compliance with operational budget.
- Ensure that operational team is business target oriented.
- Ensure customer satisfaction is achieved by encouraging customer operational relationship.
- Play vital role in operational safety and risk.
- Document operational activities in an accepted described standards.
- Make vital decisions in respect to whether a production firm should produce or outsource.
- Relate with Human Resource department in respect to recruitment, selection, appraisal, compensations, bonuses, promotion and possible retraining of existing staff.
- Assist in the redesigning of product and innovation for the purpose of market.
The Supply Chain Professionals focus on the following key aspects:
- Organize and coordinate the total supply chain components of the organization.
- Ensure effective and continuous supply of raw materials.
- Ensure suppliers evaluation, credibility and efficiency.
- Promote strategic supply relationship management between the suppliers and the purchasing entity.
- Efficient and effective inventory management and control.
- Efficient and effective management of procurement.
- Efficient and effective management of warehousing and stores.
- Efficient and effective management of logistics.
- Efficient and effective coordination of supply chain activities with other departments of the organization.
- Ensure that products are quality oriented in order to meet customers’ satisfaction.
- Efficient and effective management of supply chain.
- Ensure that demand of products is forecast to meet the reality of the market.
- Ensure the reduction of cost of production.
- Ensure that products or services are customers oriented and accepted.
- Ensure that the organization has the reasonable best market for the products by adopting favorably and suitable marketing strategies for effective sales of the products.
- Provides a smooth procurement management planning and implementation.
- Provides quick and effective customer relationship.