Logistics and supply chain management for business processes is for managing the goods flow across the business value chain from raw materials to final products. An MBA in Logistics and Supply Chain Management enables graduates to learn the fundamentals of supply chain and a wide understanding of business logistics and back-end operations.
The study of Logistics and Supply Chain Management includes warehousing, transportation, logistics management, demand management, and strategic sourcing. As a supply chain professional, you can help companies ensure on-time product and service delivery to customers.
In this blog, we will see the scope of an MBA in Logistics and Supply Chain Management along with its scope, career options, and salary overview.
Scope of MBA in Logistics and Supply Chain Management
The scope of MBA in Logistics and Supply Chain Management is wide. Many companies seek competent supply chain management professionals capable of using technological solutions. Completing an MBA in Logistics and Supply Chain Management allows professionals to build basic knowledge and advanced concepts including warehouse automation, reverse logistics, and the latest analytical tools.
Graduates can learn the importance of procurement, warehouse management, logistics, and inventory management for creating an optimized supply chain. The post-graduate program will allow you to explore many opportunities in the manufacturing industry, transportation, logistics, and retail. Some of the popular companies that recruit supply chain professionals are Reliance, Godrej, Flipkart, Wipro, Accenture, FedEx, Adani Ports, etc.
Salary after an MBA in Supply Chain and Logistics Management:
A professional working in the supply chain and logistics management industry can earn anywhere from INR 3.5 Lakhs to INR 30 Lakhs per year determined by the skills and knowledge gained during the professional education.
The salary after an MBA in Supply Chain and Logistics Management can increase according to the experience. The professional should be tech-savvy and able to work under pressure with a strong commitment to complete the task.
Why Pursue an MBA in Logistics and Supply Chain Management at Chitkara?
The study program of an MBA in Logistics and Supply Chain Management is designed to help in gaining a fundamental understanding of a company’s supply chain management from an international perspective with a focus on operations and logistics.
The program is built to widen your understanding of process design, transportation planning, inventory control, warehouse management, operation continuity, etc. for mastering the tools and best practices needed to create seamless supply chains.
The program MBA in Logistics and Supply Chain Management allows graduates to work anywhere in the world while helping companies to gain a competitive edge owing to high technical and managerial competence gained with industry internships during classroom sessions.
Some of the benefits of pursuing an MBA in Logistics and Supply Chain Management are mentioned below.
- Innumerable industries to work in
- Growing demand
- Global job opportunities
- Transferable skills
- Outstanding job growth
- Expanding job market
- Relatively low barrier for entry
Learning outcomes of MBA in Logistics and Supply Chain Management.
- After completing the program of MBA in Logistics and Supply Chain Management, graduates can use principles and make strategic decisions.
- Graduates can also implement new age models and processes in the design.
- The graduates can also implement design management plans for global supply chains that are lawful, ethical, environmentally, and socially responsible.
- Graduates are trained to create and implement plans around ethical and legal standards for maintaining global sustainable practices.
- Graduates can understand and make decisions based on the requirements for effective change management in global operations and supply chains.
Curriculum of MBA in Logistics and Supply Chain Management:
The MBA Logistics and Supply Chain Management curriculum renders a framework to systematically put the core of business operations at the center and get a bird’s eye view of the varied business processes. The curriculum will be governed by top practitioners from supply chain management and logistics industry and it includes exposure to expert facilities of Safeexpress and 6 months of on-the-job training including two internships and live projects.
The MBA Logistics and Supply Chain Management degree program is spread over 4 semesters of 6 months duration each. It follows a module-based teaching method with each module having two subjects of two to three credits and each credit amounting to 18 hours of study including classroom teaching projects and assignments. The key focus areas include global supply chain design and management, global project management, quality management, and financial management.
Also, read this blog post: MBA in Logistics and Supply Chain Bridging the Gap Between Theory and Industry Excellence
The MBA in Logistics and Supply Chain Management students can look forward to a progressive career in many job roles. Some of them include Purchasing Manager, Supply Chain Manager, Production Manager, Inventory Planning Specialist, Operations Manager, Consultant, Project Manager, Supply Chain leader, etc.
Summing It Up:
Pursuing an MBA in Logistics and Supply Chain Management is a two-year program that is capable of imparting relevant knowledge and skills in the field of logistics and supply chain. It also helps the graduates to hone their management and analytical skills.
If you aspire to work in the field of logistics and supply chain management then enroll for an MBA in Logistics and Supply Chain Management program at Chitkara to study the core technicalities of business processes.
