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![]() Masters Degree in Supply Chain ManagementAlthough there is more than one name for the Masters in Supply Chain Management, including Masters of Logistics and Masters of Distribution and Materials Management, they all focus on understanding the importance of properly managing the effective movement of products from the manufacturer or seller to the consumer as well as the purchase and distribution of raw materials within an organization. Without proper control of everything from the individual ingredients of a product to the flow from the company to its many consumer outlets, a business can quickly go under. A master of supply chain management requires excellent organizational skills and attention to detail as well as the ability to provide supervision to a number of different activities at the same time. There is no “down time” from the logistics of transporting supplies and finished products within an organization. You will need to work well in a stressful environment and be able to evaluate schedules, assign tasks and manage timelines with precision. A candidate studying for a masters in supply chain management will also need to familiarize himself or herself with a variety of computer software systems and communications technologies. Is a Masters of Supply Chain Management Right for You?If you are highly organized and like knowing where everything is at any given time and can communicate well with others, particularly in conveying the needs of your company to suppliers, then a masters in operations management or supply chain management may be a good fit for you. During your studies, you will develop an understanding of how the supply chain works from raw materials to the finished product and every step in between. Classes will include logistics, purchasing, inventory and distribution, operations management, personnel management, transportation accounting and practices, manufacturing processes, product and project development and marketing. You will learn each step in the manufacturing process as well as the methods used to move the product to market. Upon graduation with a masters in supply chain management, you will be able to optimize the purchase and acquisition of materials as well as develop and implement the best methods of getting your company’s products successfully to the marketplace. Moving from a Masters in Supply Chain Management to a Logistics CareerGetting an advanced degree is only the first step to a career in logistics. The skills you’ve learned can be put to use as a Logistics and Transportation manager in a distribution warehouse or in the purchasing department of a manufacturing facility. You could also work in the import-export market or become the director of purchasing for a company or organization. Other career opportunities include moving into the engineering side of supply chain management, where you may develop more effective packaging solutions for products in order to get them quickly to market. Consultants with a degree in supply chain management are sometimes used by companies to determine best practices for logistics and to manage industrial employee relations in order to improve manufacturing outcomes. With a masters in supply chain management, you can improve the competitive edge of any business through professional management of resources and end products. Schools offering a Supply Chain Management Masters Degree(Organized by
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02-05-2010)
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