The Supply Chain Management concentration meets the demand for professionals with knowledge and skills in supply chain management, strategic logistics, procurement logistics, and global supply chain design management. As global operations become more complex, corporations and the consulting firms that serve them are scrambling to hire supply chain and management specialists. However, these specialists are in short supply. You will also get to know about Supply chain management jobs in this blog.
WHY AN MBA IN SUPPLY CHAIN MANAGEMENT?
The efficiency of a manufacturing company is determined by its chain management. To keep the cycle going, it must produce, store, and meet the demands of various markets.
1. BROAD SCOPE
In recent years, India has seen a significant increase in logistics and supply chain activity. Initially, the demand in this field was not met with an adequate response because we lacked a skilled workforce specializing in this area. As a result, qualified professionals, particularly decision makers in supply chain management, are in high demand. Job growth is increasing as a result of technological changes in this ever-changing market. As a result, an MBA in Supply Chain Management has become a popular MBA specialization.
2. DEMANDING JOB
MBA in Logistics and Supply Chain Management Course covers a wide range of topics from which you can select four that best suit your career goals. Students need a broad foundational understanding of business, including basic finance, accounting, decision making, and general marketing, to pursue a successful career in supply chain management. Business management enables students to excel in areas such as procurement, logistics, supply chain, and operations. Students can also learn about purchasing and sourcing, goods movement, and supply chain operations to gain a better understanding of the business. You can also try to do Supply chain management from Canada for more exposure.
3. CAREER OPTIONS
Graduates have a high employability potential here. Chain Management career opportunities include: Materials Analyst Chain Manager Warehouse Manager Purchase Manager Strategic Planner
WHAT CAN YOU DO WITH A DEGREE IN SUPPLY CHAIN MANAGEMENT?
A degree in chain management can lead to a variety of business careers in a variety of industries. Here are some supply chain jobs that you might be able to get with an MS in SCM. This MBA Specialization will provide you insight into the world’s top financial companies.
Logistician: Logisticians plan and coordinate their organization’s logistical setup. They keep products flowing smoothly by developing strong relationships with a client’s key logistics personnel.
Manager of Distribution: Distribution managers are in charge of a company’s storage and distribution facilities.
Manager of the Supply Chain: Supply chain managers direct and coordinate supply chain processes to reduce costs and provide excellent customer service. They identify potential changes to a supply chain using data forecasting and react to them before they occur.
The following are some of the identified supply chain processes that could be integrated:
1. CUSTOMER RELATIONSHIP MANAGEMENT:
customer service management is an example of customer management processes. The organization must focus on its relationship with its customers or end users while also becoming a trustworthy source of customer information, providing real-time information about its products and services, such as availability, logistics, and other information that customers may be interested in.
2. MANUFACTURING FLOW MANAGEMENT:
The predictive value of demand management processes will allow the organization to produce and supply products and services with greater reliability and flexibility. Depending on demand, the organization can make better decisions about manufacturing processes such as scheduling, batch or lot sizes, and work intervals.
3. PROCUREMENT:
Procurement is more than just buying something. When obtaining raw materials and products from suppliers outside of the organization, numerous details must be considered. These include sourcing supplies by looking for suppliers, resource planning, assessing the organization’s supply needs, placing orders, and transporting, handling, storing, and warehousing the purchased supplies.
4. PRODUCT DEVELOPMENT:
One of the concerns of organizations is shortening product life cycles, and one way to do so is to reduce the time it takes to market these products. As a result, product development should be integrated with customer service and relationship management.
5. INVENTORY MANAGEMENT: Businesses must also keep track of their supplies or raw materials. After all, not all businesses use the Just-in-Time inventory procurement method, in which they purchase supplies and receive them just as they are about to place in production. In most cases, companies keep these materials in inventory or stock until they are need in the manufacturing process.
FINAL THOUGHTS
Supply Chain Management offers students a customized, industry-focused program in collaboration with companies known for supply chain excellence. The program offers students an exceptional interdisciplinary education that builds on fundamental knowledge while incorporating cutting-edge supply chain thinking. The strategic, cross-functional curriculum examines supply chains through the lens of integrated business processes such as marketing, sourcing, logistics, operations, and customer service.
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