What Can I Do with a Supply Chain Management Master’s Degree?

The world has become a global market. Even the most remote places on the planet now have the opportunity to sell their goods and services through the online shop to customers all over the world. The processes that ensure an uninterrupted (and sometimes uninterrupted) supply through the transfer of goods across continents and oceans are the domain of logistics management.

In the world of the 21st century, there is a growing need for professionals who, as qualified management coordinators, are able to plan, execute and maintain transportation logistics systems that meet business objectives. Individuals interested in a career as a logistics or supply chain manager typically achieve a degree in supply chain management.

What is supply chain management?

Supply chain managers are responsible for creating systems and channels that enable the free movement of goods in the global marketplace. Sometimes shipped products are designed to meet customer orders, but it’s just as important that the supplies the business needs continue to run without interruption. Some supply chain managers manage the entire product lifecycle.

Logistics – another name for a supply chain manager – is the planner and coordinator of many interconnected distribution networks that deliver goods around the world (or nearby) in the way the buyer or receiving department expects from the company.

In particular, the supply chain manager refers to any point in the process where control is needed to ensure that raw materials are properly recovered to deliver the finished product. The complexity and duration of the supply chain process depends on the product, its components, and the distance each batch has to travel to receive the finished product.

Supply chain managers often find work as experts in specific countries and their international transport rules and regulations. Supply chain managers generally have an excellent understanding of the details and know how to set up transport systems within the framework of company boundaries and legislation.

Selecting the best supply chain management and logistics programs.
The accreditation process is a common system whereby higher education institutions and vocational schools are accredited after the institution and/or programme content has been evaluated by a supervisory body. There are two main types of academic accreditation in the United States: regional accreditation and specialized accreditation. Most schools have regional accreditation, but if you come across a school that does not have a minimum level of regional accreditation, it is best to choose a degree in supply chain management from an accredited university or college.

Regional Accreditation

Regional accreditation is granted to schools whose programmes have been evaluated and approved by a regional accreditation office of the federal government through the United States Department of Education (USDE).  The USDE oversees the processes of these seven regional agencies.

The regional accreditation process is probably considered to be the highest form of accreditation for higher education institutions.

In most sectors there are regulatory agencies that oversee more specific accreditations. As specialisation in supply chain management is part of the business community, the AACSB – The Association for the Promotion of Business Colleges – is the leading accreditation body for supply chain management programmes.

Special accreditation for companies

The accreditation of Master’s programmes in supply chain management is provided by the Association for the Advancement of Business Colleges (AACSB). The AACSB is a global organisation that supports many aspects of business, including the accreditation of various Bachelor’s and Master’s degrees in business administration.

AACSB is headquartered in Tampa, Florida, with offices in Amsterdam and Singapore. AACSB has over one hundred years of experience and operates as an independent organisation that oversees the business and helps manage the ever-changing business landscape.

The AACSB is synonymous with excellence in university business programs, including accreditation in supply chain management.

Students wishing to enroll in a School of Supply Chain Management program must certify that the school’s program has been accredited by Advance Collegiate School of Business.

Types of Masters Degrees in Supply Chain Management

A master’s degree in supply chain management offers many career opportunities in many sectors. The Master’s degree in Supply Chain Management is based on a bachelor’s degree in Supply Chain Management and generally focuses on the skills, methods and technologies needed to work as an industrial production manager or logistics manager responsible for the logistical transfer of goods and services within an organisation.

A Master in Supply Chain Management can be obtained in a traditional classroom or through online programmes for Masters in Logistics and Supply Chain Management. The Masters in Supply Chain Management and Logistics prepares students to demonstrate their skills in the following courses: Logistics and Supply Chain Management.

Incredible attention to detail.
Cost estimate
Troubleshooting
Data analysis
Development of procedures
Technical skills, etc.
The curriculum for a Master’s degree in Supply Chain and Logistics Management may vary slightly, depending on the programme and the institution offering the academic Master’s degree in Supply Chain Management. Some Master’s programmes in Supply Chain Management refer to the same degree with slightly different names, as follows

A supply chain master or
Master in logistics and supply chain management
The Master’s programme in Supply Chain Management and Logistics covers the following areas of business and operations

Foundations of the economy and transport
Risk assessment and management
Logistics
Accounting
Global strategic marketing specifically designed for candidates for the Logistics and Supply Chain Management master’s programme
Financing of logistics
Organisational management and development
Adaptation to changes in the supply chain
Most Master’s programmes in supply chain management require between 32 and 40 credits and offer both distance and distance learning. Candidates for a Master’s degree in supply chain management and logistics generally have to take a Master’s degree in supply chain management and logistics for a period of five years or less, although each Master’s degree in supply chain management and logistics may be different.

Many students focus on entering the field of supply chain management, usually by taking a Master’s degree in supply chain management on a traditional or online university campus. The online master’s in supply chain management and logistics is discussed in the next section.

Online Master’s in Supply Chain Management
In addition to traditional master’s programmes in supply chain management and logistics, online master’s programmes in supply chain management are offered by some of the most prestigious academic institutions in the country. Like the campus version, the online master’s in supply chain management offers the same quality of education by the same professors who normally teach the online master’s in supply chain management, the campus master’s in logistics and supply chain management or the hybrid online master’s in supply chain management.

Most online masters in supply chain management are usually offered by a university or college or its business school in combination with its computer science school. Online master’s programmes in supply chain management typically last two years if the student is enrolled in a full-time programme. However, most online master’s programmes in supply chain management allow students to complete the programme at their own pace, but usually in five years or less.

Online Master’s in Supply Chain Management programs include courses in supply chain related areas such as

Marketing
Logistics and transport
Finances
Accounting
Economy
Global circuit management
Organisational development, in particular
Master programs in supply chain management are usually offered with deployed receivers and several online masters in supply chain management.

Benefits of including an online master in your supply chain management program:

The online Master’s in Supply Chain Management programme offers excellent opportunities for working students or busy mothers and fathers, because it learns asynchronously (and sometimes synchronously) and is available 24 hours a day, seven days a week.

The online Master in Supply Chain Management offers prospective students the flexibility they need for full-time students or other busy professionals.
The online Master in Supply Chain Management generally does not require travel or on-campus visits. This in itself opens up academic opportunities such as proximity to the school by offering an online Master in Supply Chain Management.
For students who want to complete a Master in e-Supply Chain Management at an accelerated pace, there are e-Supply Chain Management master’s programmes that can be completed in less than two years.
Diploma in Supply Chain Management
Many people interested in supply chain management (SCM) prefer to register and obtain an advanced certificate in supply chain management.

The Certificate in Procurement and Supply Chain Management functions as a stand-alone diploma in Supply Chain Management. However, most institutions allow credits earned with an online SCM certificate to be applied retrospectively to an online Master of Supply Chain Management programme.

In addition to business professionals, many IT professionals prefer the Master of Supply Chain Management as a career with a professional certificate in supply chain management. IT professionals have the many skills and experience (in managing and monitoring systems) needed to succeed as a supply chain or procurement manager.

The Master’s programme in Supply Chain Management and Logistics prepares graduates for a successful career as –

Lead for product delivery
Supply Chain Program Manager
Director of Operations
A specialist in import management, in particular
Supply chain managers are involved in the different phases of the supply chain…

Strategy and planning
Logistics
Data analysis and reporting
Production
Distribution

Certificates and permits
The Association for Supply Chain Management (ASCM) is one of the leading trade organisations offering both APICS certificates and diploma training. ASCM employs more than 45,000 supply chain professionals who benefit from ASCM’s training and network.

Various certificates are available for professionals in the field of supply chain management. So if you are looking for one.

Better certification in supply chain management, or
Free online certification for the supply chain management program, or
International Certification Program for Supply Chain Management
Supply chain management professionals should consider obtaining one of the following certifications when employers are looking for a supply chain management certificate as a method to assess a candidate’s qualifications, talents and interests. One of the following certifications in supply chain management demonstrates commitment to quality and formal education processes in supply chain management

APICS Production and Inventory Management Certification (CPIM) – CPIM certification is for supply chain professionals who want to maximize inventory and production within the organization. There are no educational or professional requirements.

APICS Certified Supply Chain Management Professional (CSCP) – The CSCP designation trains supply chain managers to master the company’s comprehensive supply chain from supplier to end customer. The training covers logistics, globalization and supply chain management technology. Candidates for certification must be licensed, have three years of business experience and hold one of the following certifications: CFPIM, CPIM, SOCR-P, SPM or CSM.

APICS SCOR Professional (SCOR-P) Certification – SCOR-P Certification – Training in critical elements of the global supply chain using proven technologies for supply chain operations Candidates for certification must have supply chain experience.

APICS Logistics, Transportation and Distribution (CLTD) Certification – The CLTD certification provides training that includes specialization in the transportation and distribution of physical goods. Certificate holders have a thorough knowledge of strategy and planning.

The APICS certificates mentioned above are available in different training methods. The exact method available depends on the certification in question. From an organisational point of view, these certificates are recognised as a higher intermediate level of management in terms of content and scope.

Career with a Master in Supply Chain Management
The supply chain management (SCM) industry is constantly evolving and growing. There are many incredible career opportunities for those interested in SCM who have considered the following possibilities

What is logistics management?
What does a logistics manager do?
What does a specialist in logistics management do?
Which functions are available for the Master in Supply Chain Management programme?
Are there Master’s in Supply Chain Management positions nearby?
Where can I find a good job after my Master in Supply Chain Management programme?
Are there MBA positions in supply chain management for professionals with my experience?
As mentioned above, there are career opportunities for Masters in Supply Chain Management and Logistics in many industries. In particular, these Masters in Supply Chain Management –

Business planning analyst
Forecast Manager
Global Supply Chain Manager
Operations specialist
Controller of Supply Chain Operations
Warehouse manager
logistics manager
What is logistics management?
Without knowing it, most people visualize the work of logistics professionals when they are asked to think about supply chain management. Logistics finds rewarding careers in different industries. The potential of people with a master’s degree in supply chain management includes the following areas

Government.
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Wholesale trade
Retail trade
Public Health
Traffic
Electronic commerce
What does a logistics manager do?

In general, the logistics manager is responsible for controlling each part of the supply chain. Professionals applying for a Supply Chain Master should be fully aware that Supply Chain Managers also manage the multi-vendor business relationships necessary to maintain the supply chain at all times. To do this, the Supply Chain Manager must not only understand how the business works, but also the demographic needs of the company’s customers and suppliers.

Master’s Degree in Supply Chain Management Salary Expectations
Salaries for supply chain managers vary depending on the sector, the exact job description, experience and training as a supply chain manager. The responsibilities of the Supply Chain Master Salary Recipients go beyond the entry level position, which usually includes the following

Follow-up of the inventory
Distribution follow-up
Tracking of shipments
Product quality control, and these are just a few examples.
According to the Bureau of Labor Statistics (BLS), the average salary for supply chain managers in 2018 is –

2018 annual salary for the supply chain master – $74,600.
2018 hourly rate for supply chain master – $35.86 per hour
Master in supply chain management by industry.
Agencies, brokers, insurance companies – 114,710
food and beverages (4451, 4452) – 112,680
Security, commodity contracts, financing – $112,630.
Oil and gas exploration and production – $102,640
Software Publishing – 101,280
Better management of the supply chain Payment systems Control of wage statistics by public authorities
Rhode Island – $105,730.
Washington, D.C. – $95,000.
Maryland – $91,710.
Washington – $90,240
Alabama – $87,600
Top Paid Masters in Logistics and Supply Chain Management Salary statistics by Metropolitan Area
Lake Charles, Los Angeles – $114,060.
California Lexington Park, M.D. – $107,000.
Providence-Warwick, RI – MA – $103,210.
Lima, Ohio – $101,640.
Houston – Woodland – Sugarland, TX – $99,160.
Industries with the highest employment rates for logistics and supply chain managers
Federal Office – $28,110
Management of companies/companies – $18,160
Management, scientific, technical and consulting services – 13 360
Aerospace parts and manufacturing – $8,940
Computer systems and related industries – 5,530
In 2018, more than 169,000 people worked as logistics and supply chain managers in the United States. The percentage salary levels for supply chain managers are as follows

Master in supply chain management – starting salary (10%) – $44,440 per year or $21.36 per hour.
Supply Chain Management Masters salary (90%) – $119,950 per year or $57.67 per hour.

Professional organizations in supply chain management
Typically, professional industries set up monitoring organizations to help manage and protect the interests of the industry as a whole. Professional organisations are generally responsible for setting up, implementing and managing the industry-wide accreditation process, which ensures that graduates of these professions receive appropriate training during their training.

Professional supply chain managers have the opportunity to join one of the many professional organisations specialising in supply chain management.

Association for Supply Chain Management (ASCM).

The Association for Supply Chain Management (ASCM) is a global organisation that provides leadership and direction to the supply chain management industry.

American Association for Manufacturing and Inventory Management (APICS).

APICS functions as a global organization for supply chain operations and management. Since the 1950s, APICS has been helping supply chain professionals by providing rigorous guidelines for procurement, warehousing, logistics and manufacturing.

APICS offers mentoring and career development programs for supply chain professionals seeking to advance their careers.

Supply Chain Management Board (SCMPC)

The CSCMP offers its members worldwide career opportunities for supply chain management professionals. The CSCMP provides leading research data to supply chain and logistics management professionals in many industries. CSCMP provides its members with access to an international network of supply chain managers and experts.

CSCMP provides visibility to logistics companies and logistics experts from around the world.

International Warehouse Logistics Association (IWLA)

The members of the International Association for Warehouse Logistics are generally specialised in improving the efficiency of the storage and transport of goods. IWLA membership offers specialized and exclusive professional discounts that significantly reduce costs. The International Warehouse Logistics Association has about 500 members.

Materials Handling Association of America (MHIA).

The American Supply Chain Association (MHIA) is a professional supply chain management organization that provides professional advice on the effective application of logistics solutions to supply chain management problems. The participants represent software, hardware, system simulators and integrators for supply chain management professionals. Like most professional associations, the SCM association offers its members opportunities for training, guidance and networking with other supply chain managers.

Related Rankings :

Top 25 Master’s Degrees in Supply Chain Management.

The Top 15 Masters of Supply Chain Management Online Rankings

The 10 fastest online supply chain management workshops in the world

The 10 most available supply chain management masters online

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