MBA In Logistics & Supply chain Management : Careers, Market Trend, Growth, Salary & Top B-Schools

An MBA in logistics and supply chain management is a course that deals with management processes such as implementation, control, planning of the flow of the product or service from the supplier to the consumer. The major recruitment areas of postgraduates in MBA in Logistics & Supply chain Management is business sustainability and green operations, operations management, general management, project management, and small business management/ entrepreneurship. Here in this article, we will discuss on the Market Growth and Trends, Career Growth, Jobs after MBA in Logistics & Supply Chain Management, salary, top companies, and top colleges that offer MBA in Logistics & Supply Chain Management.

Market Growth and Trends

The market growth is very demanding for MBA in Logistics and Supply Chain Management postgraduates.as it provides faster answers to business questions, Insights into customer behavior as well the report of on-demand business metrics. Today MBA in Logistics and Supply Chain Management is also considered as a capstone specialization. Supply Chain is regarded as a market mediation tool that physically links suppliers-production-storage-transportation. It also focuses on new information technology, architecture, and enterprise services for building strategic supplier “partnering for success”.

As the main focus of the course of MBA in Logistics and Supply Chain Management is managing the entire process of developing a link between the manufacturing unit and the consumers; the companies are constantly looking for resourceful employees. With the advancement of globalization, the demand for supply chain professionals has increased significantly from manufacturers, retailers, logistics service providers, and several other sectors.

Career Growth after MBA in Logistics and Supply Chain Management

The main job positions in this sector are Logistics, Business Development Executives, Research Officer, Material Manager, Sales officer, etc. Though, postgraduates in Logistics and Supply Chain Management are typically recruited as a Management Trainee and Front Line Supervisor and Analyst. For the growth of career, they can choose the designation of Logistics, Manager & Director, Teacher & Professor, Executive Director & Head, Manager & Director, Sale-purchase Assistant Manager, Material Manager, etc.

MBA in Logistics and Supply Chain Management spreads across all sectors in the industry such as Operations Management, Procurement / Purchase and Inventory Management, IT & ERP, Logistics and Purchasing, etc. Supply chain specialists also can engage in functions such as product development, forecasting, and strategic planning. Also, this career option holds lots of opportunities. Candidates in this field generally can start as general operations manager and they can reach as high as becoming the vice president of the operations department in an organization.

Course Content

The subjects that are taught for an MBA in Logistics and Supply Chain Management are, Principles of Management and Organizational Behavior, Human Resource Management, Research Methods for Management, Operations Management, Quality Management, and Quality Techniques, etc.

Jobs after MBA in Logistic and Supply Chain Management

After completing the course, students can prepare themselves as an entrepreneur or a career in the field of logistics analysts, sourcing specialists, global supply analysts, purchasing managers, etc. They can go in the areas of operation management, Procurement / Purchase and Inventory Management, IT & ERP, Logistics and purchasing, etc.

As a business development manager, candidates have the responsibility to enhance the organization’s market position for achieving financial growth.
As a research officer, students can coordinate with colleagues and check that all ventures and errands are on the plan.
As Material Manager, students are in charge of the materials stream, and of keeping control and accuracy over all products inventories, including all transactions, planning, procurement, scheduling, warehouse, cost, receiving and dispatching.

Salary

The salary for postgraduates in Logistics and Supply Chain Management depends on their job roles, organizations, and sectors. As per research, a research officer in this field can avail Rs 4,00,333/- per annum, also a material manager can get Rs 6,66,487/- per year.