Isn’t it interesting to note how Amazon, the most eminent name in the modern-day market, does not have a retail store and still helps people meet their requirements by making everything available at their doorstep?

When you go to a showroom to purchase a car, do you actually think about how many players have been involved in the process of manufacturing, including extracting iron ore to make the iron chassis of the vehicle and assembling all the components into the car?

Products go through a number of stages before they are made available to customers. 

The method that manages everything, ranging from the procurement of raw materials, processing them, storing them, and finally making them available to the customers, is known as supply chain management or SCM. The global supply chain management market is expected to rise from 15.85 billion USD to 31 billion USD from 2020 to 2026.

If you are a working professional looking forward to upskilling in this field, you can pursue an online or a distance MBA in logistics and supply chain management. Such remote learning opportunities allow you to pursue a new course while also maintaining your professional commitments. Dive in to learn more. 

What is Supply Chain Management?

Supply chain management refers to planning, executing, and establishing coordination between the players involved in procuring raw materials, the flow of goods, information, and other essentials required to produce a finished commodity. 

The modern-day e-commerce system has made it easy for companies to deliver everything ranging from groceries to medicines, to their customers’ doorsteps in little or no time. Ever want to return a dress you purchased online because it is not like it appeared in the pictures? Brands have a dedicated logistics team that enables customers to easily return the items delivered defective or no longer wanted by them. 

With the drastic surge in production and e-commerce, there is an increased requirement for managers who can look after both the input and output ends of a company. 

If you are curious about the job role, read the next section to learn how an MBA in logistics and supply chain management online programme can prepare you for this position and what the job entails. 

Why Pursue an Online MBA in Logistics and Supply Chain Management?

If you are wondering ‘what is MBA in logistics and supply chain management’ and how it is beneficial, here is how. 

An MBA in logistics and supply chain management can help you develop your skills regarding delivering services and all the related activities, ranging from sourcing raw materials to delivering final finished goods to customers. Pursuing an MBA inculcates the right kind of leadership skills and knowledge in you so you can emerge as a leader taking the mantle for departments or organisations on the whole. 

An online MBA in logistics and supply chain management course includes theoretical and practical curricula through which candidates can hone their logistics, business analytics, and ethics skills. Although conducted online, the course incorporates the use of real-time case studies so that learners know how to put the theoretical knowledge into practice. 

If you are skilled in supply chain management, you will be able to supervise every step of the product life cycle so that the efficiency of the production process increases, profits are maximised, and risks are reduced. 

Topics Covered in MBA in Logistics and Supply Chain Management 

An MBA in logistics and supply chain management syllabus includes topics like managerial economics, marketing management, logistic management, HR management, retail marketing, research methods for management, business environment and ethics, and so on. 

How are these topics linked? Once you enrol on this online MBA course, you learn everything ranging from conducting market research to analysing the best management techniques, handling the logistics fragment, and understanding and determining the most favourable business environment while also adhering to ethics.

In a nutshell, this course will prepare you to oversee all the fragments and organise the flow of products from one location to another. 

Career Options After Pursuing Online MBA in Logistics and Supply Chain

Looking forward to giving your career a bAn online MBA will not only help to develop your skills but also establish connections with leading industry experts and other learners who have different work experiences. Such exposure helps widen the horizons and opens up new opportunities.

Some of the top MBA in logistics and supply chain management jobs include the roles of supply chain analyst, project manager, logistics coordinator, or industry analyst. Have a look at the average salaries before you take a call:

Role	Salary
Logistics Coordinator	INR 3.3 LPA
Supply Chain Analyst	INR 6.2 LPA
Industry Analyst	INR 11 LPA
Project Manager	INR 16.9 LPA

 

However, salaries are subject to one’s experience and expertise level as well as the company you are applying to. If you wish to work off the beaten track, you can choose to be a banker or university professor. 

Summing Up

With effective logistics and supply chain management, businesses can monitor the activities that take place in the process of producing finished products. This not only helps enhance the efficiency of the production cycle but also improves customer satisfaction. 

Now that you have an idea about the MBA in logistics and supply chain management scope and benefits, take that dive. If you have completed your bachelor’s degree in any discipline from a recognised university, you can go for this course without any second thoughts and build yourself a bright and fulfilling career. 

If you have made up your mind, reach out to the counselling experts at upGrad Disha to simplify your online journey. Compare courses before you take a step towards fulfilling your dreams.