Top Master’s Degrees in Supply Chain Management in the US
An economy can only grow when goods and services are able to move from suppliers to consumers. The supply chain is the unsung hero of modern commerce. A Master’s Degree in Supply Chain Management prepares business leaders to solve supply chain problems and create new business opportunities.
What Is a Master’s Program in Supply Chain Management?
A Master’s Degree in Supply Chain Management is a newly developed being program offered by many colleges in the US. The demand for professionals with this qualification is increasing. These programs require one year of study to complete. They continue the previous business training you received during your undergraduate studies.
You will learn how to solve problems related to the operations and logistics of a globally networked corporation. Coursework includes:
- Demand Management: Matching supply with consumer expectations.
- Project Management: Designing business plans and executing them successfully.
- Supply Chain Stability: Overcoming the risk of interruptions to the services your operations depend on.
- Lean Manufacturing: Six Sigma strategies and creating cost effective processes.
- Operation Analysis: Evaluating the efficiency of specific aspects of a process.
You must have already completed your bachelor’s degree program in a business related field to apply. Reputable colleges that provide superior quality training will require you to pass a GMAT or GRE exam as part of your application process. Higher scores on these tests and your GPA gives you access to the top rated programs.
What Are the Benefits of Earning a Master’s Degree in Supply Chain Management?
Completing one of these degrees opens the door to promotions. It also makes you eligible to apply for senior managerial positions. Expect a higher level of pay that coincides with your increasing responsibilities.
The knowledge you acquire will be valuable to your organization. You will use your new abilities to quickly solve common problems. Your enhanced critical thinking skills will also enable you to resolve more complex situations as they arise. Your training empowers you to respond confidently with the following aptitudes:
- Develop process flows to eliminate waste.
- Use business analytics to find cost savings.
- Purchase raw materials and managing the flow incoming goods.
- Create new products and services by consolidating outdated elements of the supply chain.
- Relate business concepts and use new computerized tools to solve classic supply problems.
Companies value the networking capabilities of their supply chain experts most of all. Supply chain issues impact every level of an organization. As a result, these professionals assist other business units to become more productive. A skilled operations expert improves the output for the entire company making them highly valued members of the team.
As a graduate, you are also eligible to continue your studies by pursuing a doctoral level degree. These degrees are the highest educational certificate possible and indicate your mastery of the field. You can take work as a professor at a university where you will instruct the next generation of supply chain experts.
What Kind of Career Can You Expect With a Master’s Degree in Supply Chain Management?
Entry level logistics and supply chain careers do not require a degree. Stock room workers, material handlers, and shipping clerks find work throughout the warehousing industry. With a bachelor degree you are eligible to supervise the work of less experienced employees.
By the time you have obtained your Master’s Degree in Supply Chain Management, you are ready for senior level management positions and jobs in specialty fields. Advanced Career rolls include:
- Purchasing Managers: source raw supplies and negotiate costs of goods.
- Logisticians: Create process flows throughout an entire organization’s work procedures.
- Industrial Production Managers: Keep assembly lines moving and goods flowing.
- Operations Analyst: Evaluate business practices for effectiveness.
To be successful, you must be willing to travel and work odd hours. In the globalized supply chain, many of your business contacts will be in other countries. Maintaining relationships will require personal visits and conference calls that accommodate time zone differences. You will also need to become comfortable working with those from different cultures who may speak a foreign language.
A Master’s Degree in Supply Chain Management is a solid investment in your future. Job demand will grow at a higher than average rate as the global markets intensify. Many colleges offering these programs are in the US. Evaluate individual courses to find the degree program that works best for your specific career goals.