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Jagpreet
22 November, 2021
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As a graduate, you have the freedom to specialize in whichever field you like. When faced with a variety of MBA specialism options, an MBA in Supply Chain Management is one of the best courses to pursue, especially if you want to learn more about a business unit’s logistics and back-end operations.
One of the most exciting fields to specialize in is supply chain management. We have been able to stimulate more work prospects in this industry as a result of fast-changing technology, and so the need to specialize in the supply chain has become clear for the youth. Supply chain management is a broad topic that covers a variety of themes and encompasses a large range of concepts. Transportation management, warehousing, lean supply chain, performance-based logistics, strategic sourcing, constraints management, demand management, and supply chain networking design are some of the topics covered in this curriculum.
MBA in supply chain management is concerned with overseeing the complete process of establishing a relationship between a manufacturing unit and its customers. A supply chain management course is beneficial in providing learners with in-depth knowledge of logistics and supply chain functions.
Companies are always on the lookout for professionals that can identify the proper level of investment that is required to increase profitability in the organization. Manufacturers, merchants, logistics service providers, and a variety of other sectors have increased their demand for employees with qualifications in supply chain management as a result of globalization.
MBA Logistics & Supply Chain Management will teach you how to manage production processes and client interactions.
Even individuals who are already working professionals are drawn to a supply chain management program. This demand has arisen from those who wish to pursue a master’s degree in order to advance their professional abilities. It’s because supply chain management has a lot of potentials and provides a lot of benefits for working people.
The curriculum allows students to develop a better grasp of the importance of supply chains and will assist applicants in learning about both international and domestic markets. As a result of this training, a person can expect to go out into the world with a better comprehension of the facts. This knowledge would enable people to look at things from a different perspective. Another advantage of getting an MBA in supply chain management is that there is something new to learn virtually every day. As a result, it gives applicants an excellent chance to study and explore. It is true that if you choose to, you will not feel bored or monotonous.
Once you’ve completed an MBA program in supply chain management, your employment options will undoubtedly expand. You will be exposed to a variety of opportunities, particularly in the areas of planning and policymaking, motivation, assessment, product development, and inventory control.
The size of the organization will also influence the learning opportunities available to you in this profession. If the company is huge, you will be responsible for the entire management of the company; if it is little, you will be responsible for the supply chain department’s specific regions. Product development, forecasting, and strategic planning are all responsibilities that are handled by supply chain specialists. MBA graduates typically start as general operations managers and work their way up to vice president of an organization’s operations department. Becoming a logistics engineer and/or a quality analyst are two further alternatives available to them at their discretion.
A professional in this industry might earn anywhere from 3.5 lakhs and 30 lakhs per year. It is determined by the mix of skills and knowledge you have gained over the course. You must be tech-savvy, able to work under pressure and have a strong commitment to the job at hand. These characteristics are extremely significant in determining your potential and success. In the table below, you’ll find a list of average salary packages:
| Career Option | General Operations Manager | Logistics Engineers | Quality Analyst |
| Educational Background | Bachelors and MBA SCM | Bachelors and MBA SCM | Bachelors and MBA SCM |
| Percentage of Job Opportunities | 21% | 19% | 11% |
| Average Salary/annum | Rs. 3,89,189 -10,25,000 | Rs. 8,50,000 -15,20,000 | Rs. 15,00,000 -26,00,000 |
Source: www.payscale.com
Due to the high demand for specialists in this industry, a lot of colleges are offering specialized courses with MBAs in Supply Chain Management. The following are some of the most well-known Indian universities in this field:
A number of universities in other countries also offer supply chain management expertise. The following are a few of them:
Also Read: Top Colleges for Online MBA in Supply Chain Management in India
Students pursuing an MBA in supply chain management are typically eager to work for organizations that employ supply chain specialists. The following are some of the Indian companies that are always looking for supply chain management professionals:
Some international firms that offer opportunities for placement in supply chain management include:
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