MBA in Logistics and Supply Chain Management

With the growth in retail, e-commerce and manufacturing sectors, demand for MBA students in logistics and supply chain management is quite high. In this programme, the student analyses the complete process of the product cycle from raw material collection to delivering the final product to the market. Let’s know more about MBA logistics and supply chain management in this blog in detail.

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Highlights

In the table below, you’ll find some of the most critical highlights of the MBA LSCM program:

Course Name	MBA in Logistics and Supply Chain Management
Short Name	MBA LSCM
Course Type	Degree Course
Course Level	Postgraduate
Degree	Master of Business Administration
Specialisation	Logistics and Supply Chain Management
Course Duration	2 years
Admission Process	Entrance Exam + Selection Process of Individual Colleges
Average Starting Salary	INR 6-7 Lakhs
Course Mode	Full Time/Distance

What is Meant by Logistics and Supply Chain Management?

Logistics and Supply Chain Management can be defined as a process of accumulation of raw materials and converting them into the final product that later gets delivered to the market. Logistics is further divided into two categories:

• Inbound Logistics – the movement of raw material and goods from suppliers to a company.
• Outbound Logistics – the movement of final goods from a company to customers/consumers.

Supply chain management is a multidisciplinary aspect of the industry that is concerned with: 

• Project planning.
• I am obtaining raw materials by sourcing and providing logistical support.
• Methods of production
• The distribution of generated products.
• Controlling costs and risks at each of the levels mentioned above.

Supply Chain Management is the entire management of the supply chain process which includes the flow of goods and services as follows: 

Supplier → Manufacturer → Wholesaler → Retailer → Consumer.

Must Read: Supply Chain Management Courses

Course Overview

MBA in Logistics and Supply Chain Management is a 2-year post-graduation management program. In this program, students learn about various processes of management such as planning, implementation, control and flow of the product or service. This programme covers topics such as – Trade Operations, Liner Industry, Commercial Geography, Implementation issues in Supply Chain Performance Metrics and Modelling & Operational Strategic, Logistics Management and recent SCM trends.

Top Entrance Exams

Exam Name	Registration Date	Exam Date
CAT	August 3, 2022 – September 23, 2022	November 27, 2022
XLRI XAT	To be Announced	January 1, 2023
NMAT	August 2022	October 2022
CMAT	February 16, 2022 – March 17, 2022	April 9, 2022 (3:00 PM to 6:00 PM)
MAT	To be Announced	To be Announced

Must Read: Supply Chain Manager: Job Description, Salary & Career

Eligibility Criteria

Eligibility criteria for students to pursue an MBA in Logistics and Supply Chain Management are given below:

• The student must have passed XIIth class from a recognized board
• Completed a bachelor’s degree from a recognized University or Institute. 
• TOEFL /IELTS /PTE scores are required to pursue a course from abroad if English is not your native language.
• GMAT (Graduate Management Aptitude Test) scores are required to fill out the application for the MBA course.
• The requirement of relevant work experience. 

MBA in Logistics and Supply Chain Management: Top Universities Abroad

Several leading universities around the world offer an MBA in Logistics and Supply Chain Management. Here is a list of some renowned universities from where you can pursue this management course:

• Purdue University, West Lafayette, United States
• The University of Tennessee, Knoxville
• Arizona State University – West, Glendale, United States
• Michigan State University, East Lansing, United States
• Massachusetts Institute of Technology, Cambridge, United States
• Pennsylvania State University, Pennsylvania, United States
• SP Jain Global School of Management, Dubai, United Emirates

Must Read: Logistics Courses, Universities & Career Scope

MBA in Logistics and Supply Chain Management: Top Universities in India 

If you are interested in pursuing MBA in Logistics and Supply Chain Management from India, here are some of the best Universities in India:

• University of Petroleum and Energy Studies, School of Business, Dehradun
• Dr DY Patil University, School of Management, Navi Mumbai
• Presidency University, Bangalore
• Amity Business School, Noida
• Indian Maritime University, Kochi Campus
• GITAM Institute of Management, Visakhapatnam
• Integral University, Lucknow
• Indian Institute of Logistics, Chennai
• Indian Institute of Management, Udaipur
• ITM School of Management, Gwalior

Read About: MBA in Australia for Indian Students

Syllabus

The syllabus of the MBA in Logistics and Supply Chain Management program consists of the following topics:

• Principles of Management and Organizational Behavior
• Managerial Economics
• Accounting and Finance for Managers
• Marketing Management
• Human Resource Management
• Quantitative Techniques for Management
• Research Methods for Management
• Operations Management
• Logistics Management
• Retail Sore and Visual merchandising
• Quality Management and Quality Techniques
• Retail Marketing and CRM
• Logistics and Supply Chain Management
• Export Trade and Documentation
• International Marketing
• Business Marketing and Ethics
• Strategic Management
• Supply Chain Management
• International Management and Logistics
• Business Intelligence for Supply Chain Management
• Information Systems for Supply Chain Management
• Manufacturing Design and Analysis
• Sustainable Supply Chain Management
• Decision Support Models
• Supply Chain Management Technology and Applications

MBA in Logistics and Supply Chain Management: Books

Books	Authors
Logistics and supply chain management	Martin Christopher
Lean supply chain and logistics management	Paul A Myerson
Total value optimization: transforming your global supply chain into a competitive weapon	Steven J Bowen
Supply chain Metrics that matter	Lora M Cecere
The goal	Eliyahu M Goldratt
The machine that changed the world	Daniel Roos
The Resilient Enterprise	Dr Yossi Sheffi

Read About: BBA Logistics

Career Outlook

Students who possess a degree of MBA in Logistics and Supply Chain Management, are in demand in the manufacturing, e-commerce and retail sectors. Some industries like Construction companies, Information & Technology, Land & Air Transportation providers and Shipping also heir these individuals. Following are the jobs available for fresh MBA graduates in this field: 

• Logistic Manager: Logistic Manager is the head of the logistics department and their responsibilities include meeting the customer’s requirements by taking care of the plan, direction, control and distribution of raw materials and supplies in the organisation. 
• Supply chain Manager: Being a point of communication between company and customer, the supply chain manager’s roles and responsibilities include maintaining a good relationship with suppliers and maintaining the cost-effectiveness of raw materials. He greatly influences the production system of the company.
• Supply Chain Planner: These professionals are responsible for the flow of products from one organisation to another. With the use of relevant data related to the supply chain, they apply Mathematical Analytics and plan a cost-effective flow of products from one company to another.
• Supply chain analyst: With working on Analytical models, the supply chain analyst’s role is to reduce the cost involved in the supply chain process and analyse supply chain data.

Other Career options via MBA in Logistics and Supply Chain Management:

• Supply Chain Sales
• Supply Chain Consultant
• Industry Analyst
• Project Manager
• Procurement Analyst
• Purchasing Manager
• Global Logistics Manager
• Transportation Director
• Warehousing Manager

Note: The average annual salary for industry analysts is about $70,000 (INR 52,16,263), but this varies depending on the specific industry.

Must Read: Best Project Management Courses Across the Globe and MBA in Project Management

MBA Logistics and Supply Chain Management Future Scope

The future scope intends to draw innovators and those who are looking for innovation. An excellent professional start is provided by an MBA, which opens up many opportunities for skill and career growth.

• University professors, those who work in banking, and other professions are some of the top careers for those with an MBA in logistics and supply chain management.
• They might pursue different degree plans.
• To get practical experience, they can work as an industry analyst, project manager, logistics coordinator, or supply chain manager.

Masters in Supply Chain Management VS MBA Supply Chain Management?

Although both a master’s in supply chain management and a supply chain management MBA will lead to the same job, the structure of these two programmes differs significantly. Only supply chain management and topics that specifically support supply chain management are covered in master’s degrees in supply chain management. They usually take 1-2 years to finish (often a shorter period than an MBA). A typical course load is around 30 credit hours, giving you a rough idea of how many semesters an MS in supply chain management might take. The curriculum would be completed in one calendar year if four classes are taken per semester. Even taking two classes will double the amount of time you spend studying. An MS in Supply Chain Management degree usually includes the following courses: 

• Analysis of Supply Markets
• Logistics
• Manufacturing Planning and Control
• Logistics Operations Methods and Controls
• Strategic Supply Chain Management
• Global Supply Chain Management
• Technology in Supply Chain Management
• Strategy in Sourcing
• Fulfilment and Distribution
• Total Quality Management
• Supply Chain Management Communication
• And a Capstone or Thesis Project

Logistics and Supply Chain Management: Top Recruiters

Manufacturers and Suppliers are the major recruiters for candidates with an MBA in this field. Some of them are listed below:

• Amazon
• Coca-Cola
• Frito-Lays
• FedEx
• Nestle
• Intel
• Apple
• Google
• Walmart
• Decathlon
• DHL
• Juki
• HCL

Top 10 Countries for Exploring Logistics Careers

Here is a quick list of all the top 10 countries from around the world that are best and most preferred to study and explore logistics and supply chain management careers.

1. Sweden
2. Japan
3. Finland
4. Ireland
5. Norway
6. Qatar
7. United States
8. Germany
9. Luxembourg
10. Switzerland

FAQs

I hope this blog was able to provide in-depth information on MBA in Logistics and Supply Chain Management. To get admission in this course at a university abroad, seek guidance from Leverage Edu. Our unique AI tool will find a well-suited course and university as per your requirement.