||MBA in Supply Chain Management
||Graduation with at least 50% and clearance of national level management test like CAT/MAT/CMAT/XAT/NMAT/LPUNEST
|Key Skills Required
||Communication skills, creative, management skills, stress management, confidence
||Rs 3,00,000- Rs 12,50,000
|Average Starting Salary
||Rs 40,000-Rs 85,000
|Top recruiting companies
||Gateway Rail Freight Ltd, UPS Supply Chain Solutions, Jubilant Life Sciences Ltd, CH Robinson Worldwide, Expeditors India Pvt. Ltd, HCL Technologies Ltd, Transpole Logistics Pvt. Ltd
Why MBA in Supply Chain Management?
MBA in Supply Chain Management is suitable for students who wish to acquaint themselves with the advanced insight into the functioning of various operations, logistics, transportation and supply management, in addition to business management skills.
Besides imparting the conceptual understanding of this sector, the program provides students with a platform to enhance their analytical, logical and critical thinking qualities.
The duration of the program is 2 years and the average fee for the course is around 1.5 Lakhs per year. MBA graduates specialized in supply chain management usually work with government and private organizations, manufacturing companies, E-commerce, retail and consulting firms.
Top colleges offering MBA in Supply Chain Management course-
There are many government organizations such as the Indian Air Force, Naval Logistics, Indian Navy, NDM Offshore etc which offer job opportunities to personnel of this field.
Apart from this, there are numerous private firms such as Flipkart, Accenture, Gibela Rail, Emirates Trading Agency, Marine Engineers, and various other shipping and aviation companies.
Job Roles and Career Opportunities
The following are few of the common job roles played by MBAs in Supply Chain Management:
Supply Chain Manager
The manager is responsible for foreseeing and facilitating the fundamental parts of the franchise supply chain. The three fundamental employment duties of a supply chain manager are incorporating the cooperation between business group and client service group, creating and keeping up approaches on general logistics and methods, and keeping up general stock based on demand.
He/she is in coordinate correspondence with suppliers and must have the capacity to analyze cost adequacy of current contracts. They should give direction to a group of store directors inside the supply chain.
Supply Chain Analyst
The analyst ordinarily assists the supply chain manager through any number of exercises, including characterizing and articulating business forms, performing examinations on any part of the production network.
Their job also involves, assessing merchants and potential supply chain partners, researching best industry works, taking part in meetings, and imparting supply chain management objectives to cross-practical groups.
Customer Service Manager
The manager leads groups of client service agents in settling issues and maintaining high consumer satisfaction. He is responsible for ensuring that contractual support system, helps the delegates to meet contractual administration levels, characterizing those administration levels, creating support center procedures, and working with other operational areas to control benefit costs while keeping up consumer satisfaction.
Warehouse Operations Manager
The manager usually works in the retail or distribution and transportation firms. He deals with the position of stock in the warehouse, guarantees the accuracy of stock levels, administers warehouse staff, and verifies that the distribution center meets administrative security prerequisites.
Logistics and Distribution Manager
The managers arrange the storage and distribution of products. They must make certain that the correct items are conveyed to the correct area at the scheduled time and at a decent cost. They may likewise be engaged with transportation, stock control, warehousing and observing the stream of merchandise.
They commonly work under the logistics manager to administer the inbound and outbound activity of materials and finished items from a conveyance center. They will frequently oversee carriers, transportation costs inside indicated measurements, outsider transportation suppliers, and cargo charge presentation; negotiate the contracts, and guarantee that cargo moves easily across the worldwide borders.
Here are few other career prospects in this field:
- Demand Planner
- Materials Planner
- Production Planner
- Sales Order Planner
- Supply Chain Analyst
- Supply Chain Coordinator
- Supply Chain Consultant
- Master Scheduler
- Procurement Consultant
- Purchasing Assistant Buyer
The average salary offered to the MBA in Supply Chain Management graduates in this field ranges from Rs.3,00,000 to Rs.6,75,000 per annum.
|Supply Chain Manager
*The salary of the candidate depends on the college of passing out, company and experience.
Some of the well-known recruiters in Supply Chain Industry are as follows:
- Mahindra Retail
- Gulf Air
- FedEx Express Services India Pt. Ltd
- Gateway Rail Freight Ltd
- UPS Supply Chain Solutions
- Jubilant Life Sciences Ltd
- CH Robinson Worldwide
- Expeditors India Pvt. Ltd
- HCL Technologies Ltd
- Transpole Logistics Pvt. Ltd
- Linehaul Express (India) Pvt. Ltd
MBA in Supply Chain Management offers various specialized Masters-level courses. Few of the specializations offered are mentioned below:
- Global Supply Chain Management
- Negotiations and Relationship Management
- Supply Chain Design and Cost Management
- Process Management
- Logistics Management
- Transportation Management
- Constraints Management
- Inventory Control Management
- Network Planning Management
- Vendor Development Management
- Supply Chain Management-Solution Designing
- System and Technology Implementation Management
MBA in Supply Chain Management: Syllabus
The first year of the course basically imparts general MBA education, whereas the second year includes the central ideas and practices of Supply Chain Management.
The program is instructed hypothetically while making adequate open doors for picking up hands-on practical experience. Students are taught various topics of Supply Chain Management included under the following subjects:
- Economics and Management Decisions
- Financial Management
- Marketing Management
- Quantitative Techniques for Management Applications
- Operations and Material Management
- Human Resource Management
- Customer Relationship Management
- Project Management and Contract Administration
- Strategic Management of Technology and Innovation
- Research Methodology
Practical – Industrial Visit
- Accounting in Logistics and Supply Chain Sector
- Logistics Fundamentals and Processes
- Planning for Logistics
- Supply Chain Modelling and Design
- Lean Supply Chain Management
Practical – Summer Internship & Dissertation I
- Business Policy and Strategy
- Supply Chain Simulation
- Logistics Strategy
Practical – Dissertation II
Popular colleges offering MBA in Supply Chain Management
There are many highly prestigious B-schools in India that offering this course. Below is a list of top 5 MBA colleges providing full-time 2-years MBA in Supply Chain Management course:
University of Petroleum and Energy Studies (UPES), Dehradun
|Students must have at least 50% marks in 10th, 12th and graduation (in any stream). For students applying through CAT/XAT/MAT/XMAT/NMAT, must have a minimum of 70 percentile.
||The average salary package offered to the graduates is Rs.9,00,000 whereas the highest salary package offered was Rs.13,00,000 in the last academic year. This university has a placement record of 99% in the Supply Chain Management sector.
|Chitkara University, Punjab
||Students can apply either through the CAT/XAT/MAT/XMAT/NMAT scores or through the Chitkara University Test, each of which is followed by GD and PI.
||The average salary package offered to the graduates is Rs.4,50,000 p.a. to Rs.6,00,000 p.a
Institute of Logistics and Aviation Management, Bangalore
|Students must have at least 50% marks in 10th, 12th and graduation (in any stream). For students applying through CAT/XAT/MAT/GMAT, must have a score of 500/800 or 60 and above percentile.
||The average salary package offered to the graduates is Rs.3,60,000 p.a. whereas the highest salary package offered was Rs.6,00,000 p.a
|Lovely Professional University, Jalandhar
||Students can apply either through the CAT/ MAT/ XAT (90 percentile) /GMAT/CMAT scores or through the LPU-NEST, each of which is followed by GD and PI.
||The average salary package offered to the graduates is Rs.4,70,000 p.a. to Rs.7,00,000 p.a., whereas the highest salary package offered was Rs.10,00,000 p.a
School of Management, Dr. D.Y. Patil University, Navi Mumbai
|Students must have at least 50% marks in graduation. For students applying through CAT/XAT/MAT/XMAT/NMAT must have a score of 500/800 or 60 and above percentile
||The average salary package offered to the graduates is Rs.5,40,000
Requirements MBA in Supply Chain Management
- The candidates who have done graduation in Engineering and Non-Life Sciences such as Maths/ Physics/ Commerce/ Statistics/ Economics/ B.E/ B. Tech/ B.Sc. (PCM)/ are preferred to get enrolled in this course.
- The candidates who have the capacity to execute Project Planning, Cost Efficiency, and Optimization Techniques.
Why should you choose to do an MBA in Supply Chain Management?
India has one of the world’s fastest developing economies. Considering the nation’s twelfth Five-Year Plan, manufacturing in India is relied upon to develop at a solid CAGR of 9.5%.
As per a World Bank Survey, India positions 46th in worldwide exchange logistics execution and 13th in GDP development around the world.
The Indian logistics sector development relies upon the exchange of foundation, and innovation and is in effect further fuelled by the progressive development found in e-commerce business which is prompting the logistics organizations to react with the new innovations.
According to the estimation, the industry employs more than 45 million individuals and is developing at the rate of 15% with subparts developing at 30-40% per annum. Because of its present development and its future development potential, the Indian logistics area is seen as a standout amongst the most alluring sector worldwide.
The Indian logistics sector is esteemed at around USD 125 billion and is ready to cross the USD 200 billion mark by 2020. The logistics segment is anticipated to develop at 10-12% for the upcoming 3 years. As far as global growth is concerned, The Bureau of Labour Statistics has indicated, work in this field is required to develop by 22% in the vicinity of 2012 and 2022.
Lately, interest for graduates of MBA in supply chain administration programs has expanded significantly, impelled on by the ascent of e-shopping, plans of action focused on worldwide procurement, and requests for considerably speedier turnaround on quick moving purchaser merchandise (FMCG).
Organized to deal with the logistics interest for specialists with an insight of the supply chain industry, this MBA program furnishes aspiring executives with the particular industry and its business abilities. The Indian supply chain management industry ensures gigantic improvement potential and proffers a brilliant future.