The course imparts practical know-how of supply chain management ideologies and their executions. The core subjects in this course are operations management, marketing management, managerial economics, logistic management, export trade, strategic management, quality management, etc.
With this course, students can learn how to ensure quality end products that are valuable to consumers and the entire community that prepares the end products. Several industries globalise their supply chain leading to the requirement of skilled supply chain managers. Consequently, the demand for this course is escalating. The experiential learning credits and capstone projects are common in this course, regardless of the institute. So, students get an opportunity to implement their knowledge in real-world cases.
The typical course sequence indicates the training on Global Sourcing and Supply Management, Production and Operations Management, and Logistics and Customer Service. Under these headers, students study supply chain management tactics, business intellect for supply chains and marketing, commercialisation of new products, global supply chain law, sales and operations planning, quantitative analysis, operations analysis, and negotiations.
MBA in SCM usually needs more than 30 credit hours for completion. Based on the program, students may be asked to take extra 10-30 additional credit hours for the completion. Those MBA in SCM programs that don’t provide an all-inclusive supply chain curriculum might not provide enough tools.
This course has now turned out to be a multidisciplinary aspect of business linked with:
Project Planning
Sourcing and offering logistical support to procure raw materials
Production methods
Distribution of finished products
Cost and risk control at all aforementioned stages
Master’s degrees in supply chain management differ by program; however, the coursework may include any of these:
Global Supply Chain Management
Logistics Management
Logistics Operations
Management of Innovation
Sourcing and Procurement
Quality Issues in Operations
Global Operations Strategy
Distribution & Inventory Control
Common specialisation courses in supply chain management MBA may entail a selection from the following:
Supply Chain Management
Quality Management
Logistics
International Management and Logistics
Information Systems for Supply Chain Management
Business Intelligence for Supply Chain Management
Strategic Sourcing
Sustainable Supply Chain Management
Manufacturing Design and Analysis
Operations Strategy
Decision Support Models
Service Supply Chains
Supply Chain Management Technology and Applications
After understanding the overview of the MBA in supply chain management, one common question that may arise is what skills I will learn in this course. The following list answers this question:
Designing and managing an effective supply chain on a global stage
Understanding procurement, manufacturing, and bringing goods to customers
Understanding and implementing supply chain analytics
Implementing demand forecasting, supply chain sales and operations planning, and aggregate planning
Understanding warehouse management, procurement, inventory control, transportation planning, and customer service standards
Learning technical skills in SCM software like SPSS, Minitab, and Excel Solver
Understanding and then analysing the relationship between significant financial performance metrics and supply chain
Recognising and evaluating supply chain vulnerabilities and formulating strategies to alleviate risk
Providing insight on logistics strategy, transformation, innovation, and organisational management
Building solid relationships with cultural understanding
Supply Chain Manager Must-Have Skills:
Communication
Financial Analysis
Global Awareness
Accounting
Leadership and administration
Management Strategies
Supply Management
Demand Analysis
Global Procurement
Sales & Operations Planning
Customer Service
Business-to-Business Marketing strategies
Other significant MBA in Supply Chain Management skills:
Time management
Leadership qualities
Client relationship management
Materials safety handling
Business handling
Problem-solving
Decision making
Computer science (software/hardware)
Critical thinking and collaboration
Resilience and adaptability
Emotional intelligence
A majority of MBA in Supply Chain Management courses take two years to complete. This two-year course deals with managing services, product supervision, goods handling, client relationships management, logistics, sales transport, and more. In this period of the MBA in SCM, students are trained with a practical understanding of the principles of supply chain management and their implementations.
MBA in Supply Chain Management can be pursued both full-time and online. The online MBA in supply chain management is suitable if you intend to simultaneously save time and attain knowledge. Students in the best MBA in SCM online programs receive the same quality of education and opportunities as on-campus students.
In online mode, the course duration ranges from 1-2 years. One can only obtain admission to the online course if they hold a relevant graduate degree from an acknowledged institute. The admission process in online mode is hassle-free. Students are admitted based on merit, followed by a verbal and written interview.
Management colleges abroad provide this course online. Some of these institutes abroad are Arkansas State University, University of Wisconsin Whitewater, Ferris State University College of Business, etc.
The online curriculum of this course follows a credit system wherein students are evaluated on their performance in each credit. Moreover, students are charged per credit. These online courses take place on virtual media platforms -conducting online lectures, presentations, seminars, etc.
To enrol for an online MBA in SCM, a bachelor's degree is required either in a business-related domain or with some relevant prerequisite courses. Usually, a GPA score of 3.0 is a must.
Many institutes offering online MBAs in supply chain management don’t need GMAT or corresponding entrance exam. However, these online programs consider a bachelor’s degree (in any discipline) mandatory for admission. The bachelor’s degree must be from an AICTE or UGC-recognized university. Very few of them demand a bachelor’s degree only in a business field. Students must score at least 50% aggregate in their bachelor’s degree to obtain admission in this course. Bachelor’s degree in a subject like BSc, BCA, BBA, BCom, or BA is eligible for admission in this online course.
Some students don’t hold any undergraduate business college credits. Certain institutes supporting online MBA in SCM offer those prerequisites as a degree or bridge program to prepare students for the MBA program.
Similar to a traditional class, students are expected to read relevant textbook material, PDFs, video course materials, and other relevant study material online for exam preparation. To thoroughly prepare students for examinations, these online courses include various problems or discussion questions on every assignment. Students can answer them in class discussions and ultimately know their weak points and how to improve their performance.
MBA in supply chain management prepares students for a broad range of managerial, entrepreneurial, and analyst roles. This specialisation allows working in various sectors like education, finance, healthcare, transport, airports, government, hospitality, and more. Furthermore, this specialisation can offer additional courses depending on the selected program.
Pursuing this course and gaining work experience can prepare graduates for managerial roles with decent pay. The supply chain manager's job role demands superior flexibility and versatility. Therefore, the salary is higher than other business-related job roles.
Listed below are a few supply chain management domains with ample job opportunities:
Inventory Management
Retail
Enterprise Resource Planning
Global Trade
Risk Management
Sourcing & Procurement
Sales & Operations Planning
Supply Chain Optimization
Sustainability
List of the most common supply chain management positions:
Project Managers
Industry Analysts
Global Logistics Managers
Operations managers
Transportation Directors
Supply Chain Sales
Supply Chain Consultants
Warehousing Managers
Procurement Analyst/Purchasing Managers
Customer Service Managers
Industrial Production Manager
Purchasing Manager or Purchasing Agents
Now let’s understand how graduates of this specialisation can be helpful in each of these job positions:
Project managers:
They are responsible for handling small teams engaged in particular projects. Supply Chain project managers can tackle projects related to the timely allotment of a product, process enhancement in manufacturing settings, investigating or offering major logistics recommendations, and monitoring compliance in a product life cycle.
Nearly 50% of supply chain project managers possess master’s degrees. Compared to general project managers, the salary for supply chain project managers is higher (approx. $140,000/year).
Industry analysts:
They research primary and secondary markets. Several industry analysts work for third-party consulting services researching ways to procure, set up, and use particular products. Essentially, this job role focuses on wider industry trends, and the employment can span various fields like healthcare, manufacturing, chemical sciences, agriculture, IT, etc.
The average salary for industry analysts is approx. $70,000 a year. The given salary varies based on the type of industry.
Global Logistics Managers:
They typically focus on one of the key facets of supply chain management, i.e., international logistics. Global logistics management can be crucial to attaining business goals for companies that source or deliver their products globally.
A global logistics manager's responsibilities include recruiting local and global logistics operations, forming nation-based acquisition and logistics tactics and protocols, supervising region-specific trends influencing the supply chain, global shipping and distribution, etc.
Based on the business’ international logistics needs, global logistics managers may counsel small teams or big branches of businesses. The salary for global logistics managers is approx. $80,000/year.
Operations Managers:
They hugely depend on the fundamental knowledge of supply chain management. Many supply chain management MBAs are termed operations MBAs. These professionals are responsible for looking after day-to-day operations in the supply chain management of a business.
The common responsibilities of an operations manager include creating crucial strategy and policy decisions, high-level HR resolutions including attracting top talent, examining inefficiencies and implementing solutions, creating partnerships with other organisations, making sure required legal documents are filed, and more.
The significance of operations managers is immense in many organisations. They are one of the rare managerial types bearing a common designation in the ‘C Suite’ like COO (chief operating officers) holding command below the CEO of a company.
Transportation Director:
Several organisations provide significant logistical support in the form of rail freight, trucking, air shipping, or usage of waterways. These types of organisations often employ transportation directors.
Their common responsibilities include researching, analysing, and implementing enhanced strategies into a business’ transportation network. Pursuing an MBA in transportation management is not mandatory to work as a transportation director. The reason is that the MBA in Supply Chain Management course offers enough training if you aspire to become a transportation director.
The salary for transportation directors is approx. $95,130/year. Depending on the size of the organisation, this number may rise.
Supply Chain Sales Managers:
The supply chain sales manager fulfils the other side of the operations and sales. The Supply chain sales managers look after the fulfilment of orders. They work as a liaison between supply chain and sales operations. Without this link, several large businesses might find operations and sales management goals interfering with each other, which leads to inefficiencies or incompetence in accomplishing customer orders.
The salary for supply chain sales managers is approx. $108,706/year. It can be higher for experienced professionals.
Supply Chain Consultants:
Identical to industry analysts, the supply chain consultants usually operate their own business or function in a large-scale third-party consultancy. They perform research and analysis to provide supply chain solutions to different other businesses.
Usually, the maximum paid supply chain consultants operate their own business. The average for supply chain consultants is approx. $95,000/year.
Warehousing managers:
Warehousing managers focus on those areas of supply chain management that have not been covered yet. A significant amount of optimisation can happen after product acquisition and manufacturing and before supply and fulfilment. During this stage, the goods existing in a warehouse and the particulars of how products get into the warehouse and leave it become extremely significant.
Graduates of MBA in Supply Chain Management can work as warehousing managers in various industries, from retail to e-commerce. The average salary of warehousing managers is $81,303/year; for experienced ones, the salary is $100,000/year.
Procurement Analyst/Purchasing Manager:
This job role features various responsibilities, including analysing and testing vendor products, negotiating contracts with vendors, sharing the organisation’s requirements with vendors, and documenting expenses and producing reports. The salary of procurement analysts is approx. $73,424/year.
Customer Service Managers:
Graduates with MBA in Supply Chain Management perform a major role in trade-ins, repairs, returns, or goods coming back from customers. They perform necessary processing on these goods. This sub-domain of supply chain management is significant in sectors where several distinct goods are shipped to various consumers. Many large e-commerce firms have branches dedicated to assisting with returns and deliveries.
Industrial Production Manager:
After completing this specialisation course, candidates can work as industrial production managers. They are tasked with supervising the daily operations of their business’ manufacturing. Moreover, they organise activities for manufacturing goods and ascertain that processes are going on efficiently.
Usually, employers prefer graduates with MBA in Supply Chain Management rather than one with a bachelor’s degree because MBA candidates possess better technical knowledge of industrial production.
Purchasing Manager or Purchasing Agent:
Purchasing agents and buyers purchase products and services to either use or resell for the corporation after assessing vendor types, assessing quality, and transacting contracts. Typically, purchasing managers work as agents or buyers for a few years before accepting a manager role.
The MBA in supply chain management course imparts learning on supply chains that allow the professionals to complete many duties of buyers, agents, or purchasing managers before any job training.
Graduates of MBA in Supply Chain Management obtain myriad opportunities to work in leading organisations in India. List of some popular companies recruiting these professionals every year:
Reliance Industries
Tata Consultancy Services
Amazon
Flipkart
Larsen & Toubro
Ford Motor Company
HCL Technologies Ltd.
Snapdeal
ABBHP Inc.
Cummins
ITC
Jio
Maruti Suzuki
Accenture
Mitchell Rockett
Jeremy Gnozzo
Caroline
Cubbage
Chris Zanghi
Ashley Goldberg
Dave Holtzman
Mahindra
CTS
ITC Grand Chola
Renault Nissan
Ashok Leyland
Here are the outstanding benefits of pursuing an MBA in supply chain management that justify its worth:
The demand for supply chain managers is accelerating. The payout is decent enough for freshers and experienced professionals. For experienced MBA professionals in this domain, the salary packages can be up to INR 20 lac/annum in India. The knowledge of supply chain management, other relevant aspects, and work experience are the prime factors leading to an admirable salary package.
One of the prominent advantages of supply chain management is improved cost management when dealing with various aspects. These aspects are inventory system, finished goods storage, and decent relationships with vendors and distributors, resulting in reduced costs.
This specialisation allows professionals to diversify their careers by learning the precise tactics to implement in the business domain. When businesses manage more foreign transactions and procurements back to back, employers are constantly on the hunt for expert employees who can administer these transactions.
The following ways denote how this program contributes to your career growth:
You can understand how to streamline the functions in supply chains and extensive operation networks.
You can learn to manage flawless supply chain operations and ascertain a perfect balance between the demand of a product and its supply.
You can learn to efficiently mitigate challenges in the supply chain management segments in national and international operated businesses.
The executive MBA in supply chain management unlocks various job scopes in the Supply Chain domain with a creative perspective. Graduates of this specialisation can explore career openings in management, accounting, marketing, consulting, corporate finance, and human resources.
The supply chain management covers multiple facets like manufacturing, packaging, warehousing, IT, transportation & delivery, logistics, etc. Therefore, it generates numerous job positions in the above sectors.
A few promising supply chain management jobs include Production Manager, Logistics Resource Planner, Production Planner, Quality Manager, Maintenance Supervisor, Warehouse Manager, Purchasing Manager, Procurement Specialist, Purchasing & Inventory Controller, Logistics Administrator, Reverse Logistics Manager, and Transport Manager.
After pursuing supply chain management, you can get jobs locally and overseas. Several managerial roles need frequent travelling both nationally and internationally. It is a suitable option for you if you prefer travel-related jobs. More and more companies comprehend the potential of a supply chain management system. Hence, the demand for skilled supply chain professionals is high locally and abroad.
The list shows the courses aspirants can pursue after completing MBA in Supply Chain Management:
Certification in Risk Management Assurance
Certified in Production and Inventory Management
Certified Information Systems Auditor
NSE's Certification in Financial Markets
Project Management Professional
ISB Certificate Programme in Business Analytics
Doctor of Business
Chartered Financial Analyst
Financial Risk Manager Exam
SAP Course
Personality Development Course
An effective supply chain management system enables retailers to accomplish resource procurement and manufacturing rapidly to finally bring products to the market. It also prevents the superfluous hoarding of goods in the inventory. Companies can save time and resources if the supply chain management system follows this approach. Specifically, it guarantees that the product reaches the customer without delays. Consequently, it will reduce operational costs.
Graduates of MBA in Supply Chain Management are trained to fulfil company objectives and maximise customer satisfaction. For the same, they are trained on how to evaluate all aspects with an eye to reducing operational costs. The knowledge of supply chain activities and logistics will give them enough understanding to reduce operational costs. These professionals implement strategies to reduce operational costs in various stages, from the product to delivery.
After you complete a supply chain MBA, tons of job opportunities are available. You can access opportunities specifically in the areas like product development, inventory control, policy-making and planning, sales, product management, marketing, finance, etc.
Due to the increasing demand from industry and companies, the MBA in Supply Chain has turned out to be one of India's most preferred MBA courses. Presently, it has become a core area of research providing excellent career development prospects.
Certain prominent MBA Supply Chain jobs profiles:
Business Development Manager
Supply Business Manager
Sales Manager
International Marketing Manager
Business Analyst
Export Manager
Product Manager
Campaign Manager
Business Consultant
Supply Chain Finance Manager
Purchasing Manager
General and Operations Manager
Transportation And Distribution Manager
Administrative Services Manager
Operations Research Analyst
List of leading Indian companies that are on the hunt for supply chain management professionals:
Wipro
Infosys
Glenmark
Cadila Pharmaceuticals Limited
Oracle India Pvt. Ltd.
Ranbaxy
Suguna Foods Private Limited
Dr. Reddys Laboratories Ltd.
Golden Opportunities Pvt. Ltd.
Datawind Innovations Pvt. Ltd.
List of international firms that present opportunities for supply chain management graduates:
Unilever
HSBC
L’Oreal
Mc Donald’s
Coca Cola
Kimmel
Kraft
FedEx
Prada
Pursuing an online MBA in supply chain management comes with the following benefits:
Offers flexibility for students with a hectic work and life schedule.
No need to transfer jobs to attend the program.
Obtain the same respected degree as an offline MBA in Supply Chain Management.
Being self-paced, students can complete this master’s degree course at their own pace and schedule in either part-time or full-time capacity.
Since universities entirely administer the program online, students gain the flexibility to advance their careers as well as pursue this course from any location.
The fees are comparatively lower than the offline MBA in Supply Management courses. These fees are usually affordable to all students so they can conveniently upgrade their careers.
It comes with reduced overhead costs, unlike the study material expense and commuting cost in offline courses.
It equips with core supply chain management skills, leadership skills, knowledge of contemporary best practices, and practical exposure as well.
The MBA in supply chain management comprises core subjects and a few elective subjects. The top supply chain MBA program's course curriculum includes lessons, case studies, classroom discussions, individual and group projects, industry interactions, term papers, and many other activities. Let’s go through the typical syllabus of this course:
Semester I:
Management concepts
Business environment
Financial and management accounting
Managerial economics
Principles of logistics
Quantitative methods
Executive empowerment program - I
Semester II:
Business research methodology
Financial management
Marketing management
Production management
Shipping and maritime law
Export and import management
IT for business
Executive empowerment program – II
Semester III:
Strategies logistics management
Logistics management and information systems
Integrated logistics management
Distributed management
Railroad and air cargo logistics
Maritime logistics and documentation
Event management
Executive empowerment program – III
Summer training report
Semester IV:
International Logistics Management
Project Formulation And Appraisal
Modern Logistics Operations
Warehouse Management
Retail Logistics & SCM
Marketing of Logistics
Small Business Management
Executive Empowerment Programme -IV
In 2020, the market value of international supply chain management was 15.85 billion US dollars. It is anticipated to reach nearly31 billion US dollars by 2026. This indicates the projected growth of an MBA in Supply Chain Management.
Currently, cloud systems provide security and functionality identical to their on-premise counterparts. Moreover, it reduces the expenses and customisation hassles that outbreak traditional software. Certain companies require an on-premise system, and the cloud supply chain management market is anticipated to escalate in 2022 and beyond.
The recent Research and Markets report demonstrates the expected market growth of cloud-based supply chain management to approx. $8.6 billion by 2025 from the current estimate of $4.58 billion in 2019 at a CAGR of 11.09% (throughout the forecast period).
The swift adoption of Cloud-based business operations has digitised the supply chain industry. The reason is it can accommodate the persistent speed and breadth of volatility and facilitates improved responsiveness to supply chain disorders. Many organisations are reforming their supply chain into a digital supply system that unites physical flows of services and products. Furthermore, it offers other benefits like efficiency, affordability, redundancy, infinite scalability, and easy integration with the existing systems.
The 5G networks have already been approached, and the question is how would this technology reform the future of supply chain management. Well, 5G has been hyped for its speed; however,Forbes mentions the device density as the prominent drawback of this technology. With the proliferation of IoT-enabled devices, there is a demand for networks capable of handling a large number of devices. 5G will not only enhance the quality of life but also optimise significant parts of the supply chain, from logistics to warehouse management.
Autonomous mobile robots (AMRs) are hyped to change the supply chain trend. With the COVID-19 pandemic and the adoption of omnichannel chains, robotics are extensively used. The global robotics expenditure is expected to surpass $241 billion by 2023 to perceive the benefits of robotics.
Traversing the social distancing standards has significantly contributed to the extensive usage of robotics. In supply chain management, rather than requiring human intervention to operate machinery at a physical location, the robotics providers can trigger and assimilate their product with your processes from a remote location.
The top supply chain MBA programs teach their students how to utilise analytics to enhance operational effectiveness. This program also imparts how to turn the supply chain into a source of competitive benefit. They teach how to evaluate interactions and relationships with supply chain partners; evaluate supply chains for effectiveness and efficiency, and determine the effect of distinct processes on the supply chain. All these aspects help professionals to work on various responsibilities related to supply chain management assigned to them in an organisation. MBA in Supply Chain Management course imparts all these skills and understandings. Therefore, it is one of the reasons behind the rising demand for these courses in India.
The supply chain industry is a fundamental component of a country’s economy. In context to the current dynamic market and economic scenario, the existence of businesses not just relies on innovative business strategies but also supply chain management. An efficient and organised supply chain infrastructure minimises manufacturing costs, boosts customer experience and satisfaction, and enhances the simplicity of doing business. Moreover, it accelerates urban and rural consumption growth impacted by enhanced market accessibility.
Without pursuing an MBA in Supply Chain Management course, it is impossible to gain an understanding of these aspects. In addition to covering the fundamentals of supply chain management, these courses also impart relevant technical skills and business know-how. Therefore, the students can easily accustom to some unique responsibilities that may be assigned in the future at their workplace.
With growing customer expectations, businesses should assimilate IT with the supply chain to ensure proper synchronisation between all principles of the supply chain. Pursuing a supply chain MBA helps the professional meet the growing customer expectations by maintaining a balance between demand and supply in the economy.
The average salary of an MBA in Supply Chain Management Specialist Salary in India is INR 933,502/year.
The salary of an MBA in Supply Chain Management Specialist in India can vary depending on multiple factors. This section highlights a few factors:
i. Salary based on the employer
Employer | Average Salary (per annum) |
Procter & Gamble | INR 2,979K – INR 3,249K |
Accenture | INR 5,35,106 |
Reliance Industries | INR 8,06,391 |
General Mills | INR 9,19,755 |
Snapdeal | INR 17,27,061 |
Nestle | INR 41,17,376 |
Source: Glassdoor
ii. Salary based on experience
Experience | Average Salary (per annum) |
<1 year | INR 340,334 |
1-4 years | INR 550,251 |
4-9 years | INR 821,516 |
>10 years | INR 1,487,178 |
<20 years | INR 1,503,217 |
The starting salary of an MBA in Supply Chain Management Specialist in India is INR 301,000/year.
The salary of an MBA in Supply Chain Management Specialist Abroad is $90k/year.
The salary of an MBA in Supply Chain Management Specialist Abroad depends on the following factors
i. Salary based on job title:
Job title | Average Salary (per annum) |
Procurement Specialist | $72,603 |
Purchasing Manager | $82,368 |
Procurement Manager | $94,841 |
Supply Chain Manager | $97,840 |
Director, Supply Chain Management | $142,162 |
Source: PayScale
ii. Salary based on the job location
Job location | Average Salary (per annum) |
San Francisco, CA | $85,825 |
Washington, DC | $76,433 |
Miami, FL | $66,841 |
Chicago, IL | $72,841 |
Boston, MA | $77,360 |
New York, NY | $82,598 |
Dallas, TX | $68,214 |
Source:Salary
The starting salary of an MBA in Supply Chain Management Specialist Abroad is $72k/year.
1000+
Top Companies
50%
Average Salary Hike
Top 1%
Global Universities
Put the presentation skills learned in the course into practice through a video presentation.
Find and describe a major change management case (e.g. Apple upon Job’s return, Tesla, Rimac, Microsoft under Nadella, Shell under Watts, etc.)
Both these specialisations can lead to identical positions. However, there is a significant variation between them.
The Master’s in Supply Chain Management degree only emphasises supply chain management and directly supports supply chain management. Typically, the course duration is 1-2 years. This specialisation can include four courses per semester.
On the other hand, an MBA in Supply Chain Management may incorporate 3-5 courses per semester. This specialisation offers an extensive basis for various foundations of business and management.
One of the major differences between these two specialisations is that the Supply Chain Management MBA program includes more leadership, management, and relevant business courses. The Master's in Supply Chain Management focuses on technical aspects typically relevant to supply chain management only.
After you complete the 12th, you can pursue a bachelor's degree in supply chain management. Subsequently, you can pursue a supply chain MBA. To amass some experience, candidates can work on some part-time jobs relevant to the supply chain management domain. You can pursue the certification course in this field to learn exceptional skills that can let you stand out from the crowd.
Supply Chain Management is an expansive field that concurs with many specialisations such as IT or Finance. You can either choose MIS (Management Information System) or IT (Information Technology). You would support the supply chain in the IT sector rather than supervise it. MIS emphasises designing solutions and solving business problems. Examples of careers related to MIS are Logistician, Planner, Consultant, Developer, Analyst, and Forecaster.
Certifications considered best for supply chain management in India are CPIM (Certified in Production and Inventory Management), CPSM (Certified Professional in Supply Management), and CSCP (Certified Supply chain Professional).
A career in Supply Chain Management is regarded as one of the impeccable ones if you like to solve challenges in this domain and want to fulfil customer satisfaction in the delivery area. Companies like Starbucks, Flipkart, PepsiCo, H&M, etc., are the leading ones in the global supply chain. They can pay up to INR 30 LPA for various managerial job positions.
Available profiles for Supply Chain Managers are Retail Merchandisers, Warehouse Managers, Logistics and Distribution Managers, Production Managers, Freight Forwarders, and Operational Researchers.
A Supply Chain Coordinator supervises the incoming and outgoing goods and services. They also manage the acquisition and delivery procedure of services and goods. They ensure flawless delivery of final goods to the end customers.
Supply chain MBA provides a broad range of career opportunities, including Strategic Sourcing Manager, Supply Chain Performance Analyst, Operations Excellence Manager, VP of Supply Chain Operations, Business Operations Manager, Logistics and Transportation Analyst, Global Sourcing Manager, and Warehouse Operations Managers.
The online and distance MBA in Supply Chain Management program is two years long and divided into four semesters. To get admission into this program, candidates must graduate from any recognised university. Note that UGC-DEB approves this kind of program. The distance degree possesses the same recognition as the regular one. The program imparts knowledge of controlling, planning, and implementing the flow of services and products on the input & output end.
The key job positions for online and distance learning Supply Chain MBA holders are Supply Chain Manager, Procurement Manager, Purchasing Manager, Procurement Officer, Logistics Manager, Marketing Executive, ERP Consultant, Demand Planner, Supply Chain Analyst, Supply Chain Consultant, and Supply Chain Coordinator.
Myriad career options are available after you complete an MBA in supply chain management. Irrespective of the business size, they all need managers for various functions. These functions are transportation management, logistics management, warehouse management, supply and supplier management, and more. The career options will keep increasing with a rise in demand for managers in different supply chain functions.
To determine the eligibility criteria for admission to an MBA in Supply chain management, you should first check the MBA programs that meet your interest. The master’s program you are looking for might be a master’s in business administration, flex-MBA, a part-time MBA, Executive MBA, or a hybrid MBA. After selecting any of these programs, check further requirements to enrol in that program. An undergraduate degree with a decent GPA is the most fundamental criterion.
If you aim to pursue an MBA in supply chain management, you can consider some entrance exams that most colleges and universities conduct. The corresponding National-level exams list includes MAT, CAT, and SNAP. Other entrance exams to consider are GMAT (International Level) and TANCET (State Level).
One of the key differences between Operations Management and Supply Chain Management is that operations management deals with tasks inside the company. In contrast, supply chain management deals with acquiring and delivering products (which happens outside the company). Supply chain management deals with sourcing and moving the raw materials as well as the finished product. On the other hand, operations management denotes the place where the product is manufactured from raw materials.
Yes, leading Master of Supply Chain Management programs graduates can anticipate excellent salaries. This implies that the students can recover their initial investment in a comparatively short period. This specialisation lets the candidates build connections with pertinent peers and employers. Also, it allows them to further advance in their dynamic career. The supply chain jobs are versatile and provide bridges to several other positions in an organisation.
The Master of Supply Chain Management program is commonly designed for novices and early career professionals willing to embark on a career in supply chain management. It is mostly suitable for candidates with a powerful quantitative aptitude and an urge for an intricate understanding of supply chain management. This specialisation benefits those with some background knowledge of the supply chain and wishes to further explore it with decent earnings.
Supply chain management logistics are crucial for business development and ensuring a business's competitive advantage in the market. This MBA specialisation can be particularly appealing to those candidates willing to rise to higher levels of logistical management in their current organisation. Alternatively, supply chain management is vital for MBA because it provides both a comprehensive understanding of business management and an in-depth focus on supply chain specialisation. These graduates get a unique edge in the competitive job market of business administration.