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MBA Supply Chain Management
In any business where products are being provided to end consumers, raw materials need to be sourced and the process by which they are transformed into finished goods needs to be supervised. This process is known as supply chain management and encompasses the management of all assets involved, including materials, equipment and human resources, as well as managing the logistics. It includes sourcing, buying and transporting raw materials.
In order to be able to perform this role for any business successfully, it is necessary to acquire the right knowledge and skills. You can find a range of degrees including certificate, Associate, Bachelor and Master level programs that focus on this particular area. The most popular educational program to enroll in is the MBA Supply Chain Management degree which can set the foundations for a successful career.
Top Schools Offering MBA Programs
Available Programs:
American InterContinental University Online
Liberty University Online
Keiser University Graduate School
Areas of Study in the MBA Supply Chain Management Degree
A Master of Business Administration (MBA) degree program can be completed in two years. Universities offering the MBA program allow students to specialize in areas such as supply chain management. During the first year of an MBA program all students are required to take courses which are part of the core curriculum. These include subjects such as:
- Business strategy
- Economic theory
- Accounting and finance
- Statistics
- Marketing management
- Communications
- Organizational management
During the second year, students specializing in supply chain management will study subjects that focus on this particular area. Students learn about the supply chain process and how to improve delivery and cost. They also learn how to customize supply chains in order to make a business as efficient as possible. The legal, ethical and economical aspects of supply chain management are also taught. Some of the subjects taught include:
- Supply chain systems and forecasting
- Inventory strategy
- Logistics
- Supply chain information flow
- Procurement and sourcing strategies
- Warehouse management
- Transportation management
- Packaging management strategies
In order to apply for a MBA supply chain management program, you need to have a Bachelor’s degree from an accredited university, a minimum grade point average (GPA) in your undergraduate program and will be required to take the Graduate Management Admission Test (GMAT). The minimum required GPA and GMAT score may vary depending on which university you apply to.
careers for Supply Chain Management Professionals
Graduates from MBA programs who have a specialization in supply chain management can find employment in a variety of businesses. Every company that manufactures finished products needs a supply chain manager to manage the sourcing, procurement and logistics processes. A company’s efficiency, profitability and success depends on the smooth functioning of its’ supply chain department. While many supply management professionals may not have a Master’s degree, in order to ensure you take your career to the highest level, it will be necessary to study for a MBA supply chain management degree. The average salary of a supply chain expert who has some experience is between 65 – 70,000 US dollars.
Supply chain professionals can be found working in roles with titles such as
- Procurement or purchasing director
- Contracts and pricing director
- Inventory manager
- Supply manager
- Strategic sourcing manager