Supply Chain Management Degrees
There are countless businesses and companies that provide end products to consumers. In order to make these end products, raw materials need to be bought and the process by which these materials are converted to finished goods needs to be supervised. This process is known as supply chain management and involves the management of assets including materials, machinery and human resources. Logistics also need to be managed as does the sourcing, procurement and transportation of raw materials.
Most companies prefer to hire someone with formal training in the area of supply chain management for related roles. There are a variety of degrees and programs available to choose from at the undergraduate and graduate levels.
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Supply Chain Management Degrees and Programs
In order to learn how to source, buy, transport and manage resources of all kinds for the purpose of meeting the goals of a company, it is necessary to acquire specialized training in the field of supply chain management. There are certificate, Associate, Bachelor and Master level programs for those looking for an appropriate degree. Some programs focus primarily on supply chain management while others offer a concentration in the field. One of the most popular degrees in this field is the Master of Business Administration (MBA) in Supply Chain Management. Other degrees on offer include:
- BA in Supply Chain Management
- BS in Operations Management
- BBA in Operations Management
- MBA in Supply Chain Management and Logistics
- MBA in Operations Management
- MS in Acquisition and Supply Chain Management
Students in these programs learn about the supply chain process in great detail and discover how to improve delivery and reduce costs. They also learn to customize existing supply chains to improve efficiency and thus improve a company’s profitability. Areas of Study in Supply Chain Management
While learning the ins and outs of the supply chain management processes, students are taught various subjects which include:
- Business strategy
- Organizational management
- Supply chain systems and forecasting
- Inventory strategy
- Supply chain information flow
- Procurement strategies
- Sourcing strategies
- Warehouse management
- Transportation management
- Packaging management
Supply chain management students are also required to have excellent verbal and written communication skills. They should also be able to build strong professional relationships as they will be required to interact with people at all levels and in all functions.
Careers in Supply Chain Management
Supply chain management experts can find employment in a variety of industries including manufacturing or retail. There are a range of functions within supply chain management that require the expertise of someone trained in the area. Graduates of supply chain management programs can work in roles such as:
- Inventory manager
- Operations manager
- Inventory manager
- Procurement or purchasing director
- Contracts and pricing director
- Strategic sourcing manager
A company’s success depends on the smooth and uninterrupted functioning of its supply chain department. Profitability depends on the supply chain expert’s management of sourcing, procurement and logistics. A supply chain management professional can earn between 65,000 to 70,000 US dollars, depending on the level of education and experience.
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Q:What are courses studied in top online bachelors in supply chain management?
A:While the specific curriculum varies from school to school, generally, students get to study a variety of courses in online bachelors programs in supply chain management. These generally include topics like business strategy, organizational management, supply chain systems and forecasting, inventory strategy, logistics, supply chain information flow, procurement strategies and so on.
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