Supply Chain Management MBA
A supply chain MBA graduate oversees the demand and supply networks that provide businesses or government agencies with the raw materials and supplies needed to create products and services for customers, clients and end-users. This isn’t where the management ends, however, because a supply chain MBA manager may also administer the network used to get the company’s products to the end consumer through its freight suppliers, wholesalers and retailers.
For instance, a graduate with a supply chain MBA working for a manufacturer would be responsible for vetting the vendors selected as part of the company’s supply chain, as well as choosing the companies to wholesale its finished products. A MBA supply chain management degree provides students with the education necessary to complete this work efficiently. A MBA supply chain management degree allows the graduate to get a job in both the private and public sectors, as many public agencies require procurement officers—a job that directly relates to supply chain management.
Supply Chain Management MBA
A Supply Chain Management MBA presents a unique and exciting opportunity in the field of business management. It includes inventory management, warehousing and transportation of various materials as required by a client or a company. Supply chain management is also referred to as logistics, and is one of the fastest growing areas of the business world. Businesses around the world are searching for new ways to increase their profits and improve the delivery of services, and effectively storing, transporting and distributing materials is an important competitive advantage and revenue stream.
Why a Supply Chain Management MBA Online
The MBA supply chain degree is important in business because without properly educated managers in supply chain management, products would not be completed or services delivered to customers. Even though a company doesn’t create a tangible product, a service is still a product and the means by which the company delivers that service to its customers still requires a supply chain. For instance, if the company provides consulting services, the supplies needed to deliver consulting services will include office supplies, personnel, computer equipment and more. Whether the product is physical or not, the means by which the company creates the service and its delivery to its customers requires those equipped with this specialized education and an MBA in supply chain graduate degree.
Supply Chain Management MBA Courses & Areas of Study
General courses for a MBA supply chain management student will include finance, data analysis and statistics, marketing, presentation and packaging and international issues. Specialty courses for a supply chain management MBA degree are diverse and cover a broad range of topics. Some of the classes an MBA in supply chain management student can expect to take include emerging topics in supply management, integrated logistics systems, manufacturing design and analysis, service supply chains, supply chain logistics, total quality management, sustainable supply chain management, supply management tools, operations strategy, procurement and sourcing strategy and more. The best colleges that offer an MBA in supply chain management provide students with cross-functional and interdisciplinary courses.
Supply Chain Management MBA Career Opportunities
Graduates with MBA supply chain degrees can become purchasing managers, sourcing managers, production managers and manufacturing plant managers. Purchasing managers or officers are in charge of obtaining the necessary goods, services and raw materials to create a company’s products. Sourcing managers work to maintain quality while reducing costs in supplies. Production managers typically manage a manufacturing company’s production lines, including material usage and people management. An MBA supply chain degree applies to most any managerial and upper management positions for a manufacturing or business entity. MBA supply chain managers can also be responsible for warehouse operations, delivery operations, logistics and more.
Online Supply Chain Management MBA Degrees
Online Supply Chain Management MBA schools give students the option of completing a full or part-time program within one to two years or longer. An online Supply Chain Management program will provide general MBA course work and classes that are specific to supply chain management. During the program, students will closely study the supply chain processes of purchasing, production and distribution of goods from supplier to consumer. They will also learn about the professional roles that contribute to supply chain activities. At the end of the program, students will know how to plan every step in the chain of activities such as sourcing, procurement, conversion, logistics management and marketing. Much of the program also focuses on managing company inventory to achieve optimal success. Students will learn how to control and reduce inventory costs while eliminating waste during the production process. They will develop important analytical and negotiating skills.
Supply Chain Management MBA Education & Admissions Requirements
Admission into a MBA in supply chain management degree program requires the student to have completed an undergraduate degree with transferable credits into the MBA in supply chain management program. What this means is that the coursework the student previously completed must be recognized and accepted by the graduate school. To avoid having to take or complete extra coursework, the student’s undergraduate degree must be from an accredited school recognized by the graduate degree program.
Accredited graduate degree programs typically also require the undergraduate to take and pass the Graduate Management Admissions Test GMAT prior to entering the graduate program. The GMAT lets the school know whether the undergraduate will be successful in the MBA in supply chain degree program by measuring the undergraduate’s skills in mathematics, writing and analysis.
Supply Chain Management MBA Accreditation
Having a graduate diploma will help a graduate’s career, but having a diploma from a diploma mill will hurt rather than help a career. When you attend an accredited college, the accreditation is a guarantee that the school has been reviewed by an external accreditation association recognized by the Council for Higher Education Association as an accrediting body.
The accrediting organization reviews a school’s programs for specific components to ensure a quality program is offered. Once a school has accreditation, it can seek further accreditation of a specific program or discipline, such as a supply chain management MBA online program. When looking for a supply chain management MBA online program, look to accredited schools for the best online education possible.
Top Ranked Supply Chain Management MBA Degrees
Earning a Supply Chain Management MBA from a top-ranked institution makes the degree more credible and prestigious due to name recognition, as well as excellence in the academic program itself. Renowned institutions with Supply Chain Management MBA programs also receive high ranks by such organizations as U.S. News & World Report and the Princeton Review.
Supply Chain Management Professional Organizations
Any professional organization that recognizes those with MBAs also works for the supply chain manager, but specific organizations include the Institute for Supply Management, the National Association for State Procurement Officers, Purchasing Management Association, American Purchasing Society and more. Many professional organizations also offer a certificate to its members upon completion of specific classes.