Master’s in Supply Chain Management and Logistics

Master's in Supply Chhain Management and Logistics

Products do not materialize out of thin air. Someone takes the raw materials, creates, oversees, and process them into the products we use every day. The individual that makes it all happen is someone that specializes in supply chain management and logistics, which includes planning and managing of every element of the process, including sourcing and procurement, conversion, and of course, managing the logistics. How do you gain the skills needed? One way individuals have chosen to develop some of the skills required to work in the field of supply chain management and logistics is by earning a graduate degree.

As the supply chain field continues to grow and evolve from simple contract management with distributors and suppliers into a far more strategic process that incorporates many aspects of long-term planning and management, the need for trained professionals has grown. What is the master’s degree in supply chain management?

The supply chain management master’s is just like any other graduate level degree. First, you need to have a bachelor’s degree in a related field (such as management, supply chain or business), and you need to complete your GMAT and earn a good score. Once you are accepted into a master’s program, what should you expect to study?

The master’s degree in supply chain management and logistics will likely include how to manage negotiations, create strategic alliances, manage relationships with business partners, and create long term strategic planning. You might also learn cost and price analysis, the legal aspects of purchasing agreements, how to measure performance and efficiency, how to evaluate suppliers, inventory control, contract management, transportation, and distribution. Additionally, courses may focus on learning how to build and manage a great team.

As a supply chain and logistics specialist, you might have a wider variety of career opportunities available to you. You may have the opportunity to work in planning and policymaking, motivation, evaluation, product development, and inventory control. If the company you work for is a large organization, you can work in overall management or focus on a small specific area of the supply chain, whatever you find the most rewarding.

Many supply chain managers are now part of the team that works in product development, forecasting, and strategic planning. Supply chain and logistics is a rapidly evolving field ripe with new opportunities. This field is outgrowing the available supply of experts, so the demand for highly knowledgeable individuals is high.

If you are interested in working in supply chain management and logistics, a graduate degree in the field is a smart choice! Get started now, and earn your master’s degree in supply chain and logistics. Launch your new education today!