Master in Supply Chain Management
The current global and competitive economic environment demands more effective, faster and more profitable businesses and organizations.Logistics and the supply chain are responsible for the distribution to the final customer of products and information from the manufacturer.Supply chains today are extremely complex, global, and changing rapidly. The job market for students in logistics and supply chain management is quite strong with the rise in retail, e-commerce and manufacturing sectors.
The Master's degree in Supply Chain Management & Logistics gives the theoretical and practical experience to practitioners who conduct their roles in various types of companies of supply chain management and logistics. You gain the ability to enhance value added and develop essential processes so that they can plan, execute and sustain a global supply chain strategic vision. Companies need multi-faceted professionals in their fields of operations, skilled with the most advanced management techniques, capable of controlling information technology systems and knowing how to detect new business niches, and even open new markets if necessary.
Masters in Supply Chain Management is often a 1 to 2 years long post-graduation management program. In this programme, entire process of the product cycle from sourcing raw materials to delivering the final product on the market. With a wealth of supply chain management master's-level courses to choose from — not to mention the varied MScs in other related fields such as logistics and operations management — prospective students should consider course delivery methods as well as curriculum, faculty credentials and students when choosing a program. Following are some of the master’s level supply chain management courses offered by various universities:
- MIM with Specialization in Supply Chain Management
- MSc in Supply Chain Management
- MSc in Global Logistics
- MSc in Procurement, Logistics, and Supply Chain Management
- MSc in Innovative Dairy Chain Management
- MSc in Transport and Supply Chain Management
- Master in Supply Chain Management
- Master in Business Information and Logistics Management
- MBA in Supply Chain Management
- Master of Public service Management
Eligibility criteria for students to pursue Master's degree in Supply Chain Management & Logistics is given below:
- Management Aptitude Test- GRE/GMAT (Please note, this requirement, however, is also waived by certain schools and thereby is optional for many of the programmes)
- Completed a bachelor’s degree from a recognized University or Institute.
- A professional RESUME/CV
- Good language proficiency test scores in either IELTS or TOEFL or TOEIC. (Several Schools provide waivers to its students, provided student has done their bachelor degree from an English-medium university)
- Letter of Recommendation (minimum 2) from teacher or school counselor is compulsory to be submitted
- Non-Refundable application fee (Varies from school to school)
- Motivational Letter or Essays
- Work experience in the relevant industry is preferred by some universities.
Students who possess a degree with specialisation in Logistics and Supply Chain Management, are in demand at manufacturing, e-commerce and retail sector. As a supply chain professional, one is required to give inputs in inventory planning, management, and storage; sourcing of raw materials and goods production, and overseeing transportation and logistics. Some of the job profiles on which you can work on are:
- Operations Manager: The primary responsibilities include managing the production team, overseeing the production process as a whole, and evaluating results.
- Logistic Manager: The logistics manager is the head of the logistics department and is responsible for meeting the requirements of the customer by taking care of the organization's plans, management, control and distribution of raw materials and supplies.
- Supply Chain Manager: A supply chain manager's primary duties are to plan, organize, reduce costs, and improve the company's overall profitability.
- Supply Chain Planner: The movement of goods from one company to another is the responsibility of these specialists. They apply Mathematical Analytics with the use of appropriate supply chain data and prepare a cost-effective movement of items from one organization to another.
- Supply chain analyst: Based on analytical models, the task of supply chain analyst is to reduce the costs involved in the supply chain process and analyze data from the supply chain.
- Purchasing Agent: You will be responsible for the purchase of raw materials and equipment for the production of goods as a purchasing agent. Negotiating with suppliers and dealers will also involve you.
Global level Top Manufacturers and Suppliers are the primary recruiters in this sector for candidates with specialization in this field. To give you an idea , here is the list if some of them: Amazon
- Pepsi Co
- P & G