Online MBA in Logistics and Supply Chain Management: 2024 Guide

Supply Chain and Logistics is a different sector as compared to the other specialisations offered in the online MBA curriculum. You can go for an online MBA in the supply chain as in the coming years the demand will increase and it will hold a fruitful career domain. It is a 2-year postgraduate programme. Now why should you do this MBA specialisation? It is simply because the Indian logistics sector is expected to grow significantly and attract international investors. Hence there is an urgent demand for working individuals with techno-commercial skills. In addition to covering the operational and strategic aspects of supply chain and logistics management, an online MBA in these fields also offers insights into current market trends.

Therefore, this advanced degree will help you to elevate your career. Read the blog further to know in detail about eligibility criteria, programme structure and list of top colleges offering online MBA in supply chain management.

What is Supply Chain & Logistics?

The management of the production, distribution, and transportation of commodities across the whole supply chain of a company is known as supply chain logistics. It includes both outward logistics which means how the company’s produced goods are delivered to retailers and customers and inbound logistics which means how resources and supplies are carried into a business.

Supply chain logistics facilitates the global flow of commodities and is essential for the efficient operation of enterprises and the global economy. Companies can acquire a competitive edge and strengthen their resilience in
the face of global volatility by implementing efficient logistics.

Why Choose an Online MBA in Supply Chain & Logistics?

When you consider pursuing an online MBA in Supply Chain Management, always consider why you should choose this degree. Check out below to understand in detail.

• Convenience and Flexibility: Flexibility is one of the biggest benefits offered by an online MBA. You can learn whenever it’s convenient for you, anywhere in the world. As a result, you may keep up your full-time job, take care of your obligations, and complete your education.

• Curriculum Relevant to Industry: An online MBA programme in supply chain and logistics is structured to address every important aspect of the industry. Supply chain management, procurement, operations management,
  logistics, and strategic sourcing are among the topics you will study. The course material is regularly updated to account for the newest developments in technology and business practices, guaranteeing that you acquire up-to-date and relevant information.

• Opportunities for Networking: Despite the potential for isolation, many online schools provide abundant networking opportunities. Through online classes, discussion boards, and group projects, you will communicate with classmates, instructors, and professionals in the field. These relationships can be very beneficial, offering assistance, possibilities for knowledge sharing, and even job opportunities.

• Promotion in Careers: Obtaining an online MBA in Supply Chain Management and Logistics can lead to some really lucrative executive roles. This degree offers the qualifications and experience required to progress your career, regardless of your career goals to become a chief operations officer, supply chain manager, logistics director, or operations manager. You will become an invaluable asset to any firm because of the analytical and strategic skills you acquire in the programme.

Online MBA in Logistics & Supply Chain Management: Key Components

You can check out the key components of the online MBA in supply chain degree.

Fundamental Courses:

• Supply Chain Management: The basic ideas and techniques of supply chain management.

• Logistics Management: Give special attention to the areas of distribution, warehousing, and transportation.

• Procurement and Sourcing: Methods for efficient supplier management and procurement.

• Operations Management: Methods to raise the efficacy and efficiency of operations.

Focus on Electives:

• Managing worldwide supply chain networks and international logistics is known as global logistics.

• Eco-friendly methods and sustainability in logistics are implemented in sustainable supply chains.

• An in-depth examination of technology’s applications in the logistics industry.

• Advanced procurement techniques and supplier relationship management are examples of strategic sourcing and procurement.

Real-World Experience:

• Opportunities to work with industry professionals as interns and obtain practical experience.

• Utilise simulation tools to model and resolve supply chain and logistics issues.

• Capstone Projects: Work on extensive initiatives that incorporate all learning aspects.

Building Connections and Providing Career Assistance:

• Networking Opportunities: Participate in online forums and events to establish connections with colleagues, instructors, and business leaders.

• Career services include resume building, career counselling, and assistance in finding employment.

• Join the alumni network to connect with professionals in a range of supply chain and logistics-related fields.

Eligibility Criteria

Candidates should have completed their degrees from an accredited board or university to be considered for admission to online MBA programmes. According to programme requirements, candidates for postgraduate programmes must have a bachelor’s degree from an accredited university with a minimum of three years of study. Some universities such as D Y Patil University also require an equivalence certificate from the Association of Indian Universities (AIU), New Delhi, for candidates with international degrees.

Programme Structure

The online MBA in supply chain management is of 2 years duration including 4 semesters. You can check the subjects in the table below.

List of Top 6 Colleges Offering Online MBA in Supply Chain & Logistics

The list of top colleges offering online MBA in supply chain management are listed in the table below.

Career Prospects in MBA in Supply Chain & Logistics

The following job roles with their descriptions are listed below for your reference to understand the career prospects in an online MBA in Supply Chain & Logistics.

1. Supply Chain Analyst: To increase supply chain efficiency, you will evaluate data, spot patterns, create projections, and work with departments to streamline procedures, cut expenses, and boost output.

2. Operations Analyst: By obtaining and evaluating data, finding inefficiencies, and suggesting changes to enhance productivity and assist with strategic choices, you will optimise operational procedures.

3. Supply Chain Senior Consultant: Along with managing projects and supervising junior consultants, you will counsel clients on best practices, evaluate operations, pinpoint opportunities for improvement, and create plans to boost productivity, save expenses, and raise service standards.

4. Global Logistics Head: You will be in charge of managing international logistics, creating distribution, warehousing, and transportation plans, making sure rules are followed, and promoting sustainability and cost-effectiveness in business operations.

5. Global Logistics Manager: To achieve operational objectives, you will oversee international logistics operations, plan shipments, bargain with carriers, guarantee on-time delivery, optimise routes, and control spending.

6. Purchasing Manager: To control costs and maintain inventory levels, you will source and acquire goods and services, negotiate contracts, manage vendor relationships, and guarantee timely delivery. You will also establish procurement strategies.

7. Logistics Coordinator: To maintain a seamless supply chain, you will oversee daily logistics operations, communicate with carriers, keep an eye on shipments, manage paperwork, keep track of inventories, handle shipping problems, and assist other departments.

8. Warehouse Manager: You will be in charge of personnel management, inventory accuracy maintenance, efficient goods receiving, storage, and dispatch, safety protocol implementation, and system and layout optimisation.

Conclusion

You should Invest wisely in your career with an online MBA in logistics and supply chain management. It gives you the freedom to manage your studies with other responsibilities and gives you the information and abilities required to succeed in this fast-paced industry. With an emphasis on developing technologies, global supply networks, and practical problem-solving, this degree equips you for leadership positions in the field. Start with the journey of an online MBA in supply chain and get competitive job roles ahead.

FAQs

Q1. What is an Online MBA in Logistics & Supply Chain Management?

The goal of an online MBA programme in logistics and supply chain management is to provide you with advanced knowledge and abilities for controlling the flow of products and services at the graduate level. This education is delivered using an online platform that provides flexibility and convenience, covering subjects like supply chain planning, procurement, logistics operations, and technology integration.

Q2. Is an Online MBA in Logistics & Supply Chain worth it?

Yes, if you want to grow in the management sector, getting an online MBA in logistics and supply chain is essential. It enhances your strategic thinking and problem-solving abilities, gives you the knowledge for high-level roles in logistics, and may open up work and income prospects across a range of industries.

Q3. What are the benefits of an Online MBA in Logistics & Supply Chain?

Some benefits of an online MBA in Logistics & Supply Chain include flexibility, career advancement, industry-relevant skills, networking opportunities and practical experience in real-world and case studies.

Q4. How much does an Online MBA in Logistics & Supply Chain cost?

Depending on the university, the cost of an online MBA in logistics and supply chain can vary significantly, from 50,000 to 1 lakh. It’s important to research particular programmes and take into account extra costs like books, technology fees, and possible travel for any in-person components.

Q5. How long does an Online MBA in Logistics & Supply Chain take to complete?

It usually takes 1.5 to 3 years to complete an online MBA in logistics and supply chain, depending on whether you study full- or part-time. Online programmes are so flexible, you can pace your study to fit your schedule.

Q6. What jobs can I get with an Online MBA in Logistics & Supply Chain?

After completing an online MBA in Logistics & supply chain, you can get job roles as a Supply Chain Analyst, Operations Analyst, Supply Chain Senior Consultant, Global Logistics Manager and Purchasing Manager.

Q7. How can I balance work and studies with an Online MBA in Logistics & Supply Chain?

Effective time management and prioritisation are key components of balancing work and school while pursuing an online MBA in logistics and supply chain. By making a study schedule that works with your work schedule, establishing clear objectives, and using organising tools to stay on top of assignments and deadlines, you can make the most of the program’s flexibility.

Q8. How long does it take to complete an Online MBA in Logistics and Supply Chain Management?

The course duration is about 2 years an online MBA.

Q9. What is the average salary for graduates with an Online MBA in Logistics and Supply Chain Management?

The average salary for graduates with an Online MBA in Logistics and Supply Chain Management depends on experience and level of expertise.  The average salary can be in the range of INR 6 LPA to 11 LPA.