The MBA in Supply Chain Management and Logistics programme explains the strategic and operational role logistics and supply chain play in today’s global business environment, with a focus on domestic and international logistics systems as they relate to sourcing, operations management, materials management, warehousing and distribution, and last-mile delivery operations. This blog will focus on MBA in SCM and Logistics.
Logistics and Supply Chain Management (LSCM), also known as Demand Chain Management, is a network of suppliers, manufacturers, distributors, retailers, transporters, warehouse owners, and many other middlemen that function on the pull from the customer.
To maintain and increase their competitive edge, modern organizations collaborate with upstream and downstream value chain channel partners to produce products and/or services that meet the preferences and demands of their consumers.
Objectives –
- Learn the fundamentals of supply chain management.
- Use your knowledge to assess and manage an efficient supply chain.
- Discover how to evaluate the efficacy of developing technologies in logistics and project management.
- Learn the fundamental importance of logistics in shipping and warehousing.
- How to link supply chain management with corporate goals and plans.
- Ability to use project planning, cost-cutting, and optimization techniques.
- Practical experience in areas like as purchasing, materials management, supply-chain management, transportation, customs laws, international trade, and information technology, among others.
- Analytical capabilities and strategic planning in Logistics and Supply Chain management concerns are required.
Logistics and Supply Chain Management are critical to the growth and customer satisfaction of every firm. Effective supply chain management planning assures the regular transfer of products and services from resources to customers. Managers and entrepreneurs in both service and manufacturing organizations who have a solid understanding of and apply supply chain management skills can reduce costs, build supplier partnerships, and contribute to their company’s success, as well as competitive and financial performance, through supply chain surplus.
The Logistics and Supply Chain Management curriculum prepares students to create a link between the manufacturing unit and the consumers. A solid conceptual basis, practical experience, and design abilities will assist students in designing a supply chain for any industry by identifying and understanding specific client demands. Students will learn how to apply core methodologies (probability, statistics, and optimization) used in supply chain modelling and analysis, as well as models to make trade-offs between forecasting, inventory, and transportation, design supply chain networks, and use technology within the supply chain.
Eligibility –
Every college and institution has established minimal eligibility requirements for the course. Most of the top universities and institutions have the following minimal eligibility requirements:
The student must have completed their studies.
Applicants must have a minimum of 45% in their Bachelor’s degree.
In no subject should there be a backlog.
SC/ST candidates receive 5% moderation, which implies they must obtain at least 40% in any subject.
Benefits –
- It will teach you all you need to know about logistics and the supply chain.
- It aids in the understanding of national and worldwide marketplaces.
- It is a vibrant industry that is currently present all over the world.
- Applicants can work on everything from product development through product delivery.
- MBA jobs in logistics and supply chain management will include supply chain manager, logistic coordinator, business manager, commercial manager, and so on.
Career Scope –
Future scope seeks to attract both innovators and seekers of innovation. MBA programmes provide a solid foundation for future professional advancement and skill development.
Some of the greatest careers after an MBA in Logistics and Supply Chain Management are university professorships, banking positions, and so on.
They have the option of pursuing different degree programs.
To get on-the-job experience, they can work as an industry analyst, project manager, logistics coordinator, or supply chain manager.
Whether one wants to be an entrepreneur or work in a corporate setting, understanding how a supply chain works is essential. This programme is designed for entrepreneurs and professionals who are advancing to mid or senior management positions in logistics, e-commerce, manufacturing, warehousing, aviation, shipping, research, consulting, and other related businesses in India and throughout the world.
